Prologis Inc
PLD
Market Cap$111.24B
Close$
Earnings Call Q4 2023
January 17, 2024 - AI Summary
Prologis reported strong Q4 2023 earnings, with nearly 11% earnings growth and a 10.3% 12-year earnings CAGR since the merger.
The company expects the supply cliff to converge with normalized demand later in 2024, leading to an environment conducive to strong market rent growth.
Market occupancy declined by approximately 100 basis points, but Prologis' portfolio gained 10 basis points to end the year at 97.6%.
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$231.08
99.6% upside
Current Fair Value
99.6% upsideUndervalued by 99.6% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $111.24 Billion |
|---|---|
| Enterprise Value | $139.71 Billion |
| Dividend Yield | $3.5339 (2.94%) |
| Earnings per Share | $3.21 |
| Beta | 1.16 |
| Outstanding Shares | 925,048,350 |
| Avg 30 Day Volume | 3,477,380 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 36.43 |
|---|---|
| PEG | 488.07 |
| Price to Sales | 14.47 |
| Price to Book Ratio | 2.03 |
| Enterprise Value to Revenue | 17.41 |
| Enterprise Value to EBIT | 39.32 |
| Enterprise Value to Net Income | 45 |
| Total Debt to Enterprise | 0.21 |
| Debt to Equity | 0.55 |
Revenue Sources
No data
ESG Score
No data
About Prologis Inc
CEO: Hamid Moghadam