Company	Price	Valuation					Profitability					Cash & leverage					Quality				Rating
		P/E	P/B	P/S	EV / EBITDA	DCF upside	Gross margin	Operating margin	Net margin	ROE	ROIC	FCF yield	Debt / equity	Net debt / EBITDA	Interest coverage	Current ratio	Dividend yield	Piotroski (0-9)	Altman Z	Rating score (1-5)
AREthis companyAlexandria Real Estate Equities, Inc.	$46.19	-5.8×	0.54×	2.81×	57.02×	485.0%	68.9%	-40.5%	-48.2%	-9.2%	-3.7%	17.0%	0.82×	33.88×	-5.3×	0.43×	10.9%	4	0.14	3	B-
BXPBXP, Inc.	$66.05	38.78×	2.08×	3.08×	13.69×	101.7%	60.6%	55.7%	7.9%	5.4%	7.6%	6.4%	3.37×	8.17×	3×	2.28×	6.0%	6	0.51	3	B-
CDPCOPT Defense Properties	$33.18	20.59×	2.06×	4.09×	13.79×	53.3%	15.4%	30.2%	19.9%	10.1%	5.2%	8.1%	1.86×	6.18×	2.61×	1.64×	4.4%	7	0.82	3	B+
HIWHighwoods Properties, Inc.	$31.69	17.81×	1.18×	3.47×	10.51×	218.4%	67.6%	26.0%	19.8%	6.7%	24.8%	5.9%	1.53×	5.92×	1.37×	42.45×	7.8%	4	0.63	3	B+
KRCKilroy Realty Corporation	$36.56	16.11×	0.82×	4×	11.12×	-135.3%	67.0%	28.4%	24.8%	5.1%	2.9%	-2.7%	0.89×	5.69×	1.71×	4.24×	5.8%	6	0.65	2	C+
ONLOrion Properties Inc.	$2.75	-0.91×	0.2×	0.86×	-12.04×	-623.1%	56.1%	-1.5%	-94.4%	-22.4%	-1.6%	-22.1%	0.77×	-9.44×	-0.07×	0.63×	7.1%	4	-0.6	2	C+
Peer median	—	17.81×	1.18×	3.47×	11.12×	53.3%	60.6%	28.4%	19.8%	5.4%	5.2%	5.9%	1.53×	5.92×	1.71×	2.28×	6.0%	6	0.63	3	—