Prologis, Inc.

DB:POJN Stock Report

Market Cap: €111.1b

Prologis Valuation

Is POJN undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of POJN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: POJN (€114.2) is trading above our estimate of future cash flow value (€100.62)

Significantly Below Future Cash Flow Value: POJN is trading above our estimate of future cash flow value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for POJN?

Key metric: As POJN is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for POJN. This is calculated by dividing POJN's market cap by their current earnings.
What is POJN's PE Ratio?
PE Ratio36.9x
EarningsUS$3.32b
Market CapUS$127.90b

Price to Earnings Ratio vs Peers

How does POJN's PE Ratio compare to its peers?

The above table shows the PE ratio for POJN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average26x
GMG Goodman Group
31.7x18.05%AU$53.5b
SGRO SEGRO
18x17.09%UK£9.9b
EGP EastGroup Properties
39x7.25%US$10.1b
A17U CapitaLand Ascendas REIT
15.4x3.79%S$11.7b
POJN Prologis
36.9x4.15%€127.9b

Price-To-Earnings vs Peers: POJN is expensive based on its Price-To-Earnings Ratio (36.9x) compared to the peer average (26x).


Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data


Price to Earnings Ratio vs Industry

How does POJN's PE Ratio compare vs other companies in the Global Industrial REITs Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
POJN 36.9xIndustry Avg. 17.3xNo. of Companies15PE01224364860+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: POJN is expensive based on its Price-To-Earnings Ratio (36.9x) compared to the Global Industrial REITs industry average (17.3x).


Price to Earnings Ratio vs Fair Ratio

What is POJN's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

POJN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio36.9x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate POJN's Price-To-Earnings Fair Ratio for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst POJN forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€114.20
€122.05
+6.87%
6.37%€135.13€104.14n/a20
Mar ’27€120.02
€119.19
-0.69%
6.78%€132.81€102.35n/a20
Feb ’27€109.68
€117.08
+6.75%
5.88%€130.70€102.03n/a20
Jan ’27€108.58
€113.17
+4.22%
7.38%€131.94€100.44n/a20
Dec ’26€111.06
€112.24
+1.06%
6.42%€124.90€99.92n/a20
Nov ’26€107.00
€112.47
+5.11%
6.10%€125.79€100.63n/a20
Oct ’26€98.78
€101.70
+2.96%
7.38%€118.06€80.11n/a20
Sep ’26€96.76
€103.13
+6.59%
7.27%€120.37€81.68n/a20
Aug ’26€90.31
€104.05
+15.21%
8.37%€122.61€83.20n/a20
Jul ’26€90.21
€100.08
+10.94%
9.93%€128.15€81.16n/a20
Jun ’26€94.84
€103.36
+8.99%
9.93%€132.35€83.82n/a20
May ’26€89.77
€104.31
+16.20%
11.44%€131.82€83.49n/a20
Apr ’26€102.90
€120.13
+16.74%
7.70%€138.93€97.25n/a20
Mar ’26€118.56
€123.19
+3.90%
7.84%€142.64€98.89€120.0220
Feb ’26€114.64
€124.63
+8.71%
7.61%€144.71€100.33€109.6821
Jan ’26€100.88
€125.47
+24.37%
9.06%€148.69€100.41€108.5821
Dec ’25€109.64
€124.88
+13.90%
7.62%€145.53€112.46€111.0620
Nov ’25€103.64
€124.00
+19.64%
6.78%€142.67€111.17€107.0020
Oct ’25€112.16
€121.31
+8.16%
6.95%€138.38€107.83€98.7821
Sep ’25€115.24
€121.29
+5.25%
7.09%€138.55€107.96€96.7621
Aug ’25€117.64
€125.38
+6.58%
8.63%€144.30€108.23€90.3120
Jul ’25€104.20
€121.49
+16.59%
8.56%€143.08€104.06€90.2121
Jun ’25€101.06
€120.71
+19.45%
8.42%€141.96€103.24€94.8421
May ’25€95.55
€125.31
+31.14%
8.70%€144.27€104.92€89.7721
Apr ’25€119.50
€133.04
+11.33%
5.28%€150.50€118.18€102.9021
Mar ’25€123.70
€134.08
+8.39%
5.87%€151.35€116.06€118.5622
€122.77
Fair Value
7.0% undervalued intrinsic discount
20
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/03/12 02:38
End of Day Share Price 2026/03/12 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Prologis, Inc. is covered by 43 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nicholas ThillmanBaird
Brendan LynchBarclays
Ross SmotrichBarclays