BXP, Inc.

LSE:0HOX Stock Report

Market Cap: US$13.8b

BXP Valuation

Is 0HOX undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 0HOX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 0HOX ($78.02) is trading below our estimate of fair value ($100.35)

Significantly Below Fair Value: 0HOX is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0HOX?

Key metric: As 0HOX is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0HOX. This is calculated by dividing 0HOX's market cap by their current earnings.
What is 0HOX's PE Ratio?
PE Ratio34.1x
EarningsUS$363.05m
Market CapUS$13.83b

Price to Earnings Ratio vs Peers

How does 0HOX's PE Ratio compare to its peers?

The above table shows the PE ratio for 0HOX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average19.5x
UTG Unite Group
15.2x16.8%UK£4.1b
LMP LondonMetric Property
32x20.1%UK£3.8b
BBOX Tritax Big Box REIT
21.3x25.4%UK£3.3b
BYG Big Yellow Group
9.4x-1.3%UK£2.3b
0HOX BXP
34.1x-0.4%US$13.8b

Price-To-Earnings vs Peers: 0HOX is expensive based on its Price-To-Earnings Ratio (34.1x) compared to the peer average (19.5x).

Price to Earnings Ratio vs Industry

How does 0HOX's PE Ratio compare vs other companies in the Global Office REITs Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
0HOX 34.1xIndustry Avg. 20.2xNo. of Companies10PE01020304050+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0HOX is expensive based on its Price-To-Earnings Ratio (34.1x) compared to the Global Office REITs industry average (20.2x).

Price to Earnings Ratio vs Fair Ratio

What is 0HOX'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.

0HOX PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio34.1x
Fair PE Ratio16.9x

Price-To-Earnings vs Fair Ratio: 0HOX is expensive based on its Price-To-Earnings Ratio (34.1x) compared to the estimated Fair Price-To-Earnings Ratio (16.9x).

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 0HOX forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$78.02
US$82.95
+6.3%
12.2%US$105.00US$62.00n/a19
Nov ’25US$79.26
US$80.95
+2.1%
13.6%US$105.00US$62.00n/a19
Oct ’25US$79.73
US$75.74
-5.0%
10.4%US$91.00US$62.00n/a19
Sep ’25US$74.70
US$72.32
-3.2%
9.5%US$91.00US$62.00n/a19
Aug ’25US$70.41
US$70.32
-0.1%
10.0%US$91.00US$62.00n/a19
Jul ’25US$60.44
US$69.58
+15.1%
10.0%US$91.00US$62.00n/a19
Jun ’25US$59.45
US$71.00
+19.4%
9.6%US$91.00US$62.00n/a19
May ’25US$59.63
US$72.37
+21.4%
8.7%US$91.00US$62.00n/a19
Apr ’25US$65.08
US$72.63
+11.6%
9.7%US$91.00US$61.00n/a19
Mar ’25US$66.41
US$72.68
+9.4%
9.6%US$91.00US$61.00n/a19
Feb ’25US$65.03
US$74.00
+13.8%
10.9%US$95.00US$61.00n/a19
Jan ’25US$71.18
US$69.89
-1.8%
15.6%US$95.00US$52.00n/a18
Dec ’24US$62.93
US$66.00
+4.9%
16.2%US$95.00US$52.00n/a18
Nov ’24US$52.90
US$68.11
+28.8%
15.2%US$95.00US$52.00US$79.2618
Oct ’24US$60.10
US$69.63
+15.8%
14.8%US$95.00US$52.00US$79.7316
Sep ’24US$66.73
US$69.33
+3.9%
15.6%US$98.00US$52.00US$74.7015
Aug ’24US$64.84
US$63.47
-2.1%
18.5%US$98.00US$52.00US$70.4115
Jul ’24US$56.98
US$65.44
+14.8%
20.4%US$98.00US$52.00US$60.4416
Jun ’24US$48.49
US$65.72
+35.5%
19.7%US$98.00US$52.00US$59.4518
May ’24US$53.52
US$67.33
+25.8%
18.8%US$98.00US$52.00US$59.6318
Apr ’24US$53.45
US$69.89
+30.8%
16.9%US$98.00US$52.00US$65.0819
Mar ’24US$64.68
US$80.00
+23.7%
14.0%US$107.00US$65.00US$66.4118
Feb ’24US$72.98
US$79.17
+8.5%
14.4%US$107.00US$65.00US$65.0318
Jan ’24US$67.43
US$85.50
+26.8%
20.5%US$145.00US$65.00US$71.1820
Dec ’23US$72.64
US$86.45
+19.0%
19.9%US$145.00US$65.00US$62.9320
Nov ’23US$72.49
US$90.65
+25.1%
18.6%US$145.00US$71.00US$52.9020

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

Discover undervalued companies

Xior Student Housing

€1.3b

Xior Student Housing NV is the first Belgian public regulated real estate company (RREC) specialising in the student housing segment in Belgium, the Netherlands, Spain, Portugal, Germany, Poland, Denmark and Sweden.

0RD8

€29.70

7D

-1.7%

1Y

-5.4%

Montea Comm. VA

€1.5b

Montea NV is a public regulated real estate company under Belgian law (GVV/SIR) that specializes in logistics real estate in Belgium, the Netherlands, France, and Germany.

0LBY

€64.50

7D

-1.4%

1Y

-11.2%

Big Yellow Group

UK£2.3b

Big Yellow is the UK's brand leader in self storage.

BYG

UK£11.54

7D

-4.8%

1Y

7.4%