COMPILED BY GEMINI 3.1

Prologis (PLD) Intrinsic Value

An independent two-stage DCF analysis by a frontier AI model.

Fair Value Estimate

$8,790.00 per share
Current Price $131.20
Margin of Safety 6599.7%
UNDERVALUED

My Assumptions & Rationale

FCF Growth Rate (Y1-Y5)
13.7%

"> Derived directly from the company's historical CAGR over the last 5 years. This mathematically reflects the proven growth trajectory rather than relying on fabricated forward estimates. Capped to prevent unrealistic exponential runoffs.

Discount Rate (WACC)
13.7%

"> Derived directly from the company's historical CAGR over the last 5 years. This mathematically reflects the proven growth trajectory rather than relying on fabricated forward estimates. Capped to prevent unrealistic exponential runoffs.

Terminal Growth Rate
13.7%

"> Derived directly from the company's historical CAGR over the last 5 years. This mathematically reflects the proven growth trajectory rather than relying on fabricated forward estimates. Capped to prevent unrealistic exponential runoffs.

Sensitivity Analysis

Intrinsic value per share under varying discount rate and terminal growth rate assumptions.

WACC ↓ / Terminal → 12.7%13.2%13.7%14.2%14.7%
12.7% $8,790.00 $8,790.00 $8,790.00 $8,790.00 $8,790.00
13.2% $8,790.00 $8,790.00 $8,790.00 $8,790.00 $8,790.00
13.7% $8,790.00 $8,790.00 $8,790.00 $8,790.00 $8,790.00
14.2% $8,790.00 $8,790.00 $8,790.00 $8,790.00 $8,790.00
14.7% $8,790.00 $8,790.00 $8,790.00 $8,790.00 $8,790.00

Undervalued vs current price Overvalued vs current price

Economic Prospect Score

84 / 100
Strong Prospect

Prologis operates with a dominant position in the industrial real estate and logistics sector. The company benefits from a formidable scale advantage and significant switching costs for tenants who rely on its well-located facilities. While the macro environment presents some near-term headwinds, Prologis's long-term trajectory remains robust, supported by ongoing e-commerce penetration and supply chain modernization. The company's massive global footprint acts as a wide economic moat, making it a compelling long-term prospect.

Competitive Momentum 29/35

Prologis maintains strong competitive momentum through its unmatched scale and ability to consistently raise rents on lease rollovers, though growth has moderated slightly from post-pandemic highs.

Moat Durability 31/35

The durability of Prologis's moat is exceptional, rooted in the high switching costs for integrated supply chains and the irreplaceable nature of its infill real estate locations.

Sentiment & Catalysts 24/30

Market sentiment is generally positive, buoyed by stabilizing interest rates and strong management, though near-term supply deliveries in certain markets cause minor headwinds.

⚠️ Key Risks

🚀 Key Catalysts

Disclaimer: The numbers presented on this page are for educational and entertainment purposes only. They are the result of a deterministic mathematical model fed with assumptions generated by an Artificial Intelligence (Gemini 3.1). This does not constitute investment advice. Always conduct your own due diligence before investing in the stock market.