Analyzing First Industrial Realty Trust (NYSE:FR) & BWP Trust (OTCMKTS:BUNNF)

by · The Markets Daily

BWP Trust (OTCMKTS:BUNNFGet Free Report) and First Industrial Realty Trust (NYSE:FRGet Free Report) are both real estate companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, valuation, profitability, institutional ownership, earnings, risk and analyst recommendations.

Profitability

This table compares BWP Trust and First Industrial Realty Trust’s net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
BWP TrustN/AN/AN/A
First Industrial Realty Trust47.97%12.99%6.41%

Institutional & Insider Ownership

99.8% of First Industrial Realty Trust shares are owned by institutional investors. 1.1% of First Industrial Realty Trust shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Analyst Ratings

This is a summary of recent recommendations and price targets for BWP Trust and First Industrial Realty Trust, as provided by MarketBeat.com.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
BWP Trust00000.00
First Industrial Realty Trust07712.60

First Industrial Realty Trust has a consensus target price of $67.43, suggesting a potential upside of 9.09%. Given First Industrial Realty Trust’s stronger consensus rating and higher possible upside, analysts clearly believe First Industrial Realty Trust is more favorable than BWP Trust.

Earnings and Valuation

This table compares BWP Trust and First Industrial Realty Trust”s gross revenue, earnings per share (EPS) and valuation.

Gross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
BWP TrustN/AN/AN/AN/AN/A
First Industrial Realty Trust$727.08 million11.27$247.44 million$2.7422.56

First Industrial Realty Trust has higher revenue and earnings than BWP Trust.

Summary

First Industrial Realty Trust beats BWP Trust on 10 of the 10 factors compared between the two stocks.

About BWP Trust

(Get Free Report)

Established and listed on the Australian Securities Exchange (ASX) in 1998 (see prospectus), BWP Trust (BWP or the Trust) is a real estate investment trust investing in and managing commercial properties throughout Australia. The majority of the Trust's properties are large format retailing properties, in particular, Bunnings Warehouses, leased to Bunnings Group Limited (Bunnings). Bunnings is the leading retailer of home improvement and outdoor living products in Australia and New Zealand, and a major supplier to project builders, commercial trades people, and the housing industry. Full details on the Trust's property portfolio can be found in the Our Properties section of this website. The Trust is managed by an external responsible entity, BWP Management Limited (the responsible entity) which is appointed under the Trust's constitution and operates under an Australian Financial Services Licence. The responsible entity is committed to managing the Trust solely and is paid an annual fee based on the gross assets of the Trust. Both Bunnings and the responsible entity are wholly-owned subsidiaries of Wesfarmers Limited (Wesfarmers), one of Australia's largest listed companies. Wesfarmers also owns approximately 24.75 per cent of the issued units in the Trust.

About First Industrial Realty Trust

(Get Free Report)

First Industrial Realty Trust, Inc. (NYSE: FR) is a leading U.S.-only owner, operator, developer and acquirer of logistics properties. Through our fully integrated operating and investing platform, we provide high quality facilities and industry-leading customer service to multinational corporations and regional firms that are essential for their supply chains. Our portfolio and new investments are concentrated in 15 target MSAs with an emphasis on supply-constrained, coastally oriented markets. In total, we own and have under development approximately 68.5 million square feet of industrial space as of December 31, 2023.