Critical Comparison: BWP Trust (OTCMKTS:BUNNF) vs. First Industrial Realty Trust (NYSE:FR)

First Industrial Realty Trust (NYSE:FR) and BWP Trust (OTCMKTS:BUNNF) are both real estate companies, but which is the better stock? We will contrast the two businesses based on the strength of their analyst recommendations, valuation, risk, profitability, institutional ownership, earnings and dividends.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
First Industrial Realty Trust	47.97%	12.99%	6.41%
BWP Trust	N/A	N/A	N/A

Analyst Recommendations

This is a summary of recent recommendations for First Industrial Realty Trust and BWP Trust, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
First Industrial Realty Trust	0	7	7	1	2.60
BWP Trust	0	0	0	0	0.00

First Industrial Realty Trust currently has a consensus price target of $66.86, indicating a potential upside of 4.94%. Given First Industrial Realty Trust’s stronger consensus rating and higher probable upside, equities analysts clearly believe First Industrial Realty Trust is more favorable than BWP Trust.

Insider and Institutional 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 company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Earnings and Valuation

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

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
First Industrial Realty Trust	$727.08 million	11.62	$247.44 million	$2.74	23.25
BWP Trust	N/A	N/A	N/A	N/A	N/A

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 First Industrial Realty Trust

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.

About BWP Trust

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.