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 10,707 - -
Change - -41.12% 3.96% 6.76% -9.05% 0.13% - -
Enterprise Value (EV) 1 30,436 24,097 25,256 26,642 25,746 25,706 26,078 26,365
Change - -20.83% 4.81% 5.49% -3.37% -0.15% 1.45% 1.1%
P/E 36.3x 12.5x 58x 826x 38.8x 31.7x 35.1x 32.9x
PBR 3.08x 1.73x 1.87x 2.17x 2.32x 2.21x 2.44x 2.51x
PEG - 0.2x -0.7x -8.9x 0x 1.5x -3.59x 4.82x
Capitalization / Revenue 6.23x 3.41x 3.36x 3.45x 3.07x 3.01x 2.94x 2.93x
EV / Revenue 10.5x 7.75x 7.72x 7.82x 7.39x 7.24x 7.15x 7.21x
EV / EBITDA 18.1x 13.3x 13.5x 14x 13.4x 12.8x 12.6x 12.4x
EV / EBIT 31.4x 22.8x 24.4x 26.1x 25.4x 23.7x 23.8x 23.1x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 3.92 - 3.92 3.92 3.36 2.856 2.917 2.993
Rate of return 3.4% - 5.59% 5.27% 4.98% 4.26% 4.35% 4.46%
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% 135% 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 2,012 2,064 2,120
EBIT 1 968 1,059 1,034 1,020 1,012 1,085 1,094 1,140
Net income 1 496.2 848.9 190.2 14.27 276.8 348.9 324.4 347.7
Net Debt 1 12,444 13,504 14,244 14,885 15,052 14,999 15,371 15,658
Reference price 2 115.18 67.58 70.17 74.36 67.48 67.06 67.06 67.06
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.($)
32.31x7.28x12.82x4.26% 1.07TCr
25.06x16.47x26.77x3.93% 699.35Cr
23.57x16.1x26.93x4.32% 539.63Cr
159.76x7.8x12.17x4.51% 470.27Cr
9.85x13.52x14.58x6.27% 450.4Cr
37.96x12.21x15.93x6.34% 438.19Cr
150.53x7.8x13.6x6% 421.27Cr
24.57x8.45x15.49x3.6% 400.95Cr
-23.98x10.04x22.73x4.55% 386.77Cr
Average 48.85x 11.08x 17.89x 4.87% 541.95Cr
Weighted average by Cap. 46.14x 11.00x 17.83x 4.73%

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