Prologis Stock Fair Value Calculation – Gene Reilly Retiring from Prologis Vice Chairman Role
December 22, 2023
🌥️Trending News
Gene Reilly, the Vice Chairman of Prologis ($NYSE:PLD), one of the world’s leading industrial real estate companies, is set to retire from his position. It focuses on global logistics real estate, with a mission to change the way goods move around the world, helping businesses to be more efficient while increasing sustainability. He has been a major contributor to Prologis’ growth and success over the past two decades. Replacing Reilly as Vice Chairman will be William Hankowsky, the current CEO.
Prologis is widely respected worldwide for its market-leading platform and its commitment to providing customers with exceptional service and solutions. Reilly’s retirement marks the end of an era for Prologis, and his legacy will live on as the company continues to serve its global customer base.
Share Price
On Thursday, PROLOGIS announced that Gene Reilly, Vice Chairman, will be retiring from his role at the company. This news caused a slight uptick in the company stock prices, as it opened at $132.2 and closed at $131.0, up by 0.4% from its prior closing price of 130.5. Reilly has been a key member of the leadership team and his retirement marks the end of an era for the logistics and industrial real estate giant. Prologis_Vice_Chairman_Role”>Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Prologis. More…
| Total Revenues | Net Income | Net Margin |
| 7.89k | 3.01k | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Prologis. More…
| Operations | Investing | Financing |
| 5.58k | -6.5k | 1.03k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Prologis. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 91.95k | 33.69k | 57.98 |
Key Ratios Snapshot
Some of the financial key ratios for Prologis are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 38.6% |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis – Prologis Stock Fair Value Calculation
At GoodWhale, our team of analysts have reviewed PROLOGIS’s fundamentals and come to the conclusion that its fair value is around $110.5. This value is calculated by our proprietary Valuation Line, which is based on a number of factors including company performance, industry outlook, and macroeconomic trends. Currently, PROLOGIS stock is traded at $131.0, meaning that the stock is fairly overvalued by 18.6%. Although the company has been performing extremely well, it is important to remember that most stocks will return to their fair value over time. Investors who are looking to buy in should consider this discrepancy before making any decisions. Prologis_Vice_Chairman_Role”>More…
Peers
Prologis Inc is one of the world’s leading logistics real estate companies with a global portfolio of approximately 946 million square feet. The company’s properties are located in 19 countries across North America, Europe, Asia and Latin America. Prologis’ tenants include some of the world’s largest third-party logistics providers and e-commerce companies. The company’s competitors include Frasers Logistics & Commercial Trust, Daiwa House Logistics Trust and Sabana Industrial REIT.
– Frasers Logistics & Commercial Trust ($SGX:BUOU)
Frasers Logistics & Commercial Trust has a market cap of 4.1B as of 2022. The company is a trust that focuses on logistics and commercial properties in Australia, Europe, and North America. The trust’s portfolio consists of warehouses, distribution centers, retail properties, and office buildings.
– Daiwa House Logistics Trust ($SGX:DHLU)
Daiwa House Logistics Trust is a Japanese real estate investment trust (REIT) that was established in 2010. The company’s portfolio consists of logistics properties located in Japan and China. As of March 31, 2021, Daiwa House Logistics Trust had a total market capitalization of ¥378.54 billion.
– Sabana Industrial REIT ($SGX:M1GU)
Sabana Industrial REIT has a market cap of 443.93M as of 2022. The company is a Singapore-based real estate investment trust (REIT) that owns and manages a portfolio of industrial properties in Singapore. The REIT’s portfolio comprises of 63 properties, with a total gross floor area of approximately 7.1 million square feet. The REIT’s properties are located in major industrial districts in Singapore, such as Jurong Island, Tuas, Woodlands, Changi, and Ang Mo Kio.
Summary
Reilly has been a key part of the company’s incredible growth and success over the past several years. His retirement provides a great opportunity for investors to analyze their position in the company. PROLOGIS is well-positioned as a leader in the logistics and industrial real estate market, with a portfolio of assets that is well diversified across global markets, customer segments, and asset types. They have a strong balance sheet and long-term debt capacity to execute on their strategic growth plan. Investors should consider the potential impact on the performance of the stock as well as the potential to benefit from the company’s ongoing growth.
