Intrinsic value of Boston Properties, Inc. (BXP)

[per Chepakovich valuation model]

other valuations of BXP

[per Chepakovich valuation model]  See other valuations of BXP stock

Previous Close$108.20
Intrinsic Value
Upside potential
Previous Close
$108.20

VALUATION INPUT DATA

Revenue, mln $
Initial revenue growth rate (norm.), %
Variable cost ratio, %
Fixed operating expenses, mln $
Production assets / Revenue, %
Working capital / Revenue, %
Interest rate on debt, %
Life of production assets, yrs
Initial discount rate, %
Shares outstanding, mln
Adjusted equity ratio
Adjusted assets / Revenue
Based on fiscal year data as of 2020-12-31 and quarterly data as of 2020-12-31.
NOTE: The bar chart shows historic and forecasted yearly revenue growth rates. Its purpose is to help you in determining what initial revenue rate you want to base your stock valuation on. Please make sure that you are confident in the value you select - for most stocks it is by far the most important parameter in valuation.
  1. Annual
  2. Quarterly YoY
  3. Quarterly QoQ

Annual revenue growth rates, % (past and forecasted)

show cash flow forecast

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year2020(a)2021202220232024202520262027202820292030203120322033203420352036203720382039204020412042204320442045

INCOME STATEMENT

Revenue growth rate, %-6.6NaN
Revenue, $2766NaN
Variable operating expenses, $mNaN
Fixed operating expenses, $mNaN
Total operating expenses, $m1860NaN
Operating income, $m905NaN
EBITDA, $m1591NaN
Interest expense (income), $mNaN
Earnings before tax, $m863NaN
Tax expense, $m0NaN
Net income, $m862NaN

BALANCE SHEET

Cash and short-term investments, $m1719NaN
Total assets, $m22858NaN
Adjusted assets (=assets-cash), $m21139NaN
Average production assets, $m17751NaN
Working capital, $m2573NaN
Total debt, $m13284NaN
Total liabilities, $m14519NaN
Total equity, $m8340NaN
Debt-to-equity ratio1.593NaN
Adjusted equity ratio0.313NaN

CASH FLOW

Net income, $m862NaN
Depreciation, amort., depletion, $m686NaN
Funds from operations, $mNaN
Change in working capital, $mNaN
Cash from operations, $m1157NaN
Maintenance CAPEX, $mNaN
New CAPEX, $mNaN
Total CAPEX, $m-496NaN
Free cash flow, $m1653NaN
Issuance/(repurchase) of shares, $mNaN
Retained Cash Flow, $mNaN
Pot'l extraordinary dividend, $m2573
Cash available for distribution, $mNaN
Discount rate, %NaN
PV of cash for distribution, $mNaN
Current shareholders' claim on cash, %NaN