Company Valuation: BXP, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 17,992 10,593 11,012 11,757 10,693 10,807 - -
Change - -41.12% 3.96% 6.76% -9.05% 1.07% - -
Enterprise Value (EV) 1 30,436 24,097 25,256 26,642 25,746 25,888 26,225 26,465
Change - -20.83% 4.81% 5.49% -3.37% 0.55% 1.3% 0.92%
P/E 36.3x 12.5x 58x 826x 38.8x 32x 35.4x 33.2x
PBR 3.08x 1.73x 1.87x 2.17x 2.32x 2.23x 2.47x 2.53x
PEG - 0.2x -0.7x -8.9x 0x 1.5x -3.62x 4.86x
Capitalization / Revenue 6.23x 3.41x 3.36x 3.45x 3.07x 3.04x 2.96x 2.96x
EV / Revenue 10.5x 7.75x 7.72x 7.82x 7.39x 7.29x 7.19x 7.24x
EV / EBITDA 18.1x 13.3x 13.5x 14x 13.4x 12.9x 12.7x 12.5x
EV / EBIT 31.4x 22.8x 24.4x 26.1x 25.4x 24.3x 24.2x 23.5x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 3.92 - 3.92 3.92 3.36 2.802 2.917 2.993
Rate of return 3.4% - 5.59% 5.27% 4.98% 4.14% 4.31% 4.42%
EPS 2 3.17 5.4 1.21 0.09 1.74 2.117 1.91 2.04
Distribution rate 124% - 324% 4,356% 193% 132% 153% 147%
Net sales 1 2,889 3,109 3,274 3,408 3,482 3,553 3,647 3,657
EBITDA 1 1,685 1,808 1,865 1,908 1,924 2,014 2,059 2,120
EBIT 1 968 1,059 1,034 1,020 1,012 1,067 1,085 1,128
Net income 1 496.2 848.9 190.2 14.27 276.8 346.9 321.1 347.8
Net Debt 1 12,444 13,504 14,244 14,885 15,052 15,080 15,418 15,658
Reference price 2 115.18 67.58 70.17 74.36 67.48 67.69 67.69 67.69
Nbr of stocks (in thousands) 1,56,207 1,56,755 1,56,940 1,58,111 1,58,469 1,59,662 - -
Announcement Date 25/01/22 31/01/23 30/01/24 28/01/25 27/01/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
31.98x7.29x12.85x4.14% 1.08TCr
24.98x16.27x26.37x4.02% 701.55Cr
23.16x15.91x26.62x4.4% 543.74Cr
162.78x7.88x12.27x4.43% 479.16Cr
9.72x13.42x14.46x6.35% 447.58Cr
37.96x12.21x15.93x6.34% 440.43Cr
152.31x7.88x13.71x5.9% 431.97Cr
24.32x8.4x15.39x3.63% 396.89Cr
-25.37x10.17x23.04x4.42% 393.64Cr
Average 49.09x 11.05x 17.85x 4.85% 546.19Cr
Weighted average by Cap. 46.63x 10.95x 17.77x 4.72%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield