Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 · Mkt capMarket cap $279.95B · View financials
Decision snapshot: BDN stock price vs IBM: inconclusive — current versus $11.81 implied using P/S multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at IBM's multiple
Implied fair value · at BDN's multiple
Needs BDN P/S.
Close Dec 31, 2025
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
Reported gross margin
Operating income + D&A
Lower is better
Not comparable
Lower leverage
Statements
Annual statements in reported currencies, with calculations and source evidence.
Values retain reported currencies and share bases. Select a figure to inspect its period, calculation and filing inputs. Differences require compatible units and periods.
Explore enterprise value and market valuation multiples in the valuation sections.
Trendline
Eight period-end years of reported revenue, earnings, and margins. Periods and currencies are shown with the data.
Price framework
USD market cap plus reported borrowing debt, less cash and equivalents. This EV proxy excludes investments, preferred stock and noncontrolling-interest adjustments.
Complete market value, debt and cash evidence is required for enterprise value.
Complete market value, debt and cash evidence is required for enterprise value.
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
Brandywine Realty Trust · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
INTERNATIONAL BUSINESS MACHINES CORPORATION · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
Balance sheet health
Inspect reported liquidity and leverage alongside historical financial-health checks.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Not enough data to score either balance sheet.
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
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BDN vs BXP
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BDN vs HIW
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BDN vs KRC
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BDN vs SLG
VORNADO REALTY TRUST
BDN vs VNO
Microsoft Corporation
BDN vs MSFT
Oracle Corporation
BDN vs ORCL
Cisco Systems, Inc.
BDN vs CSCO
Cognizant Technology Solutions Corporation
BDN vs CTSH
Cash excludes investments. EBITDA is an operating-income-plus-D&A proxy. Missing borrowing categories remain unavailable; select a value to inspect its inputs.
LLM-powered synthesis
An explanation of the financial evidence. Check its snapshot date against the figures above.
This explanation uses an earlier data snapshot or evidence version. Review its generation date and the current figures, or refresh after signing in.
If you believe BDN can stabilize revenue and improve profitability without materially worsening leverage, then the stock may merit a speculative long because the current price is far below both IBM-implied and DCF ranges; otherwise, the weak growth, negative earnings, and 8.8x net debt/EBITDA argue for caution.
BDN's current price of $3.24 is well below IBM-implied range of $11.24 to $12.52 and the DCF range of $12.46 to $16.85, implying a large valuation gap. However, the historical band of $2.92 to $3.56 shows the stock is still trading near its own recent range, suggesting the market is pricing in company-specific weakness rather than just a dislocation versus IBM.
Supporting Metrics
