PLD Valuation

Prologis Inc

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112.280

+3.89(3.589%)1D

Overview
Forecast
Valuation
Earnings

PLD Relative Valuation

PLD's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, PLD is overvalued; if below, it's undervalued.

Historical Valuation

Prologis Inc (PLD) is now in the Undervalued zone, suggesting that its current forward PE ratio of 33.89 is considered Undervalued compared with the five-year average of 46.11. The fair price of Prologis Inc (PLD) is between 128.44 to 184.20 according to relative valuation methord. Compared to the current price of 112.28 USD , Prologis Inc is Undervalued By 12.58%.

Relative Value

Fair Zone

128.44-184.20

Current Price：112.28

12.58%

Undervalued

33.89

Trailing

Forward

22.37

EV/EBITDA

Prologis Inc. (PLD) has a current EV/EBITDA of 22.37. The 5-year average EV/EBITDA is 26.56. The thresholds are as follows: Strongly Undervalued below 17.34, Undervalued between 17.34 and 21.95, Fairly Valued between 31.16 and 21.95, Overvalued between 31.16 and 35.77, and Strongly Overvalued above 35.77. The current Forward EV/EBITDA of 22.37 falls within the Historic Trend Line -Fairly Valued range.

37.70

EV/EBIT

Prologis Inc. (PLD) has a current EV/EBIT of 37.70. The 5-year average EV/EBIT is 49.45. The thresholds are as follows: Strongly Undervalued below 27.41, Undervalued between 27.41 and 38.43, Fairly Valued between 60.46 and 38.43, Overvalued between 60.46 and 71.48, and Strongly Overvalued above 71.48. The current Forward EV/EBIT of 37.70 falls within the Undervalued range.

12.34

Prologis Inc. (PLD) has a current PS of 12.34. The 5-year average PS is 17.19. The thresholds are as follows: Strongly Undervalued below 9.14, Undervalued between 9.14 and 13.16, Fairly Valued between 21.21 and 13.16, Overvalued between 21.21 and 25.24, and Strongly Overvalued above 25.24. The current Forward PS of 12.34 falls within the Undervalued range.

0.00

P/OCF

Prologis Inc. (PLD) has a current P/OCF of 0.00. The 5-year average P/OCF is 21.96. The thresholds are as follows: Strongly Undervalued below -11.28, Undervalued between -11.28 and 5.34, Fairly Valued between 38.57 and 5.34, Overvalued between 38.57 and 55.19, and Strongly Overvalued above 55.19. The current Forward P/OCF of 0.00 falls within the Undervalued range.

0.00

P/FCF

Prologis Inc. (PLD) has a current P/FCF of 0.00. The 5-year average P/FCF is -411.12. The thresholds are as follows: Strongly Undervalued below -3828.46, Undervalued between -3828.46 and -2119.79, Fairly Valued between 1297.54 and -2119.79, Overvalued between 1297.54 and 3006.21, and Strongly Overvalued above 3006.21. The current Forward P/FCF of 0.00 falls within the Historic Trend Line -Fairly Valued range.

Prologis Inc (PLD) has a current Price-to-Book (P/B) ratio of 1.91. Compared to its 3-year average P/B ratio of 2.09 , the current P/B ratio is approximately -8.61% higher. Relative to its 5-year average P/B ratio of 2.39, the current P/B ratio is about -20.21% higher. Prologis Inc (PLD) has a Forward Free Cash Flow (FCF) yield of approximately 5.06%. Compared to its 3-year average FCF yield of 4.20%, the current FCF yield is approximately 20.37% lower. Relative to its 5-year average FCF yield of 3.84% , the current FCF yield is about 31.89% lower.

1.91

P/B

Median3y

2.09

Median5y

2.39

5.06

FCF Yield

Median3y

4.20

Median5y

3.84

Competitors Valuation Multiple

The average P/S ratio for PLD's competitors is 9.77, providing a benchmark for relative valuation. Prologis Inc Corp (PLD) exhibits a P/S ratio of 12.34, which is 26.31% above the industry average. Given its robust revenue growth of 8.76%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

Simon Property Group Inc

Performance Decomposition

Market capitalization of PLD decreased by 12.16% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 25.21 to 29.32.

The secondary factor is the Revenue Growth, contributed 8.76%to the performance.

Overall, the performance of PLD in the past 1 year is driven by P/E Change. Which is more unsustainable.

8.76%

2.01B → 2.18B

Revenue Growth

-37.21%

45.39 → 28.50

Margin Expansion

16.29%

25.21 → 29.32

P/E Change

-12.16%