Empire State Realty Trust Inc
NYSE:ESRT

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Empire State Realty Trust Inc Logo
Empire State Realty Trust Inc
NYSE:ESRT
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Price: 10.105 USD -0.44% Market Closed
Market Cap: 1.7B USD
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Relative Value

The Relative Value of one ESRT stock under the Base Case scenario is 22.15 USD. Compared to the current market price of 10.105 USD, Empire State Realty Trust Inc is Undervalued by 54%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

ESRT Relative Value
Base Case
22.15 USD
Undervaluation 54%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

2.2
P/S
P/S
Price to Sales
2.2
vs History
33
vs Industry
46
Median 3Y
2
Median 5Y
2.1
Industry
3.6
Forward
2.2
More Details
37.3
P/E
P/E
Price to Earnings
37.3
vs History
30
vs Industry
8
Median 3Y
31.9
Median 5Y
31.6
Industry
16.7
Forward
78.8
More Details
7.2
P/OCF
P/OCF
Price to OCF
7.2
vs History
31
vs Industry
29
Median 3Y
6.5
Median 5Y
7
Industry
10.9
More Details
10.5
P/FCFE
P/FCFE
Price to FCFE
10.5
vs History
0
vs Industry
Median 3Y
-10.4
Median 5Y
-7.8
Industry
13.3
More Details
1
P/B
P/B
Price to Book Value
1
vs History
84
vs Industry
10
Median 3Y
1.4
Median 5Y
1.4
Industry
0.8
More Details
4.9
EV/S
EV/S
Enterprise Value to Sales
4.9
vs History
30
vs Industry
48
Median 3Y
4.7
Median 5Y
4.7
Industry
6.6
Forward
4.8
More Details
8.8
EV/GP
EV/GP
Enterprise Value to Gross Profit
8.8
vs History
28
vs Industry
48
Median 3Y
8.4
Median 5Y
8.5
Industry
11.9
More Details
10.7
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
10.7
vs History
26
vs Industry
45
Median 3Y
10.3
Median 5Y
10.3
Industry
15.8
Forward
10.7
More Details
23.7
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
23.7
vs History
47
vs Industry
20
Median 3Y
24.2
Median 5Y
24.6
Industry
19
Forward
22.2
More Details
15.8
EV/OCF
EV/OCF
Enterprise Value to OCF
15.8
vs History
19
vs Industry
29
Median 3Y
15
Median 5Y
15.4
Industry
18.5
More Details
124.4
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
124.4
vs History
14
vs Industry
2
Median 3Y
-103.4
Median 5Y
38.1
Industry
20.1
More Details
0.9
EV/IC
EV/IC
Enterprise Value to IC
0.9
vs History
12
vs Industry
16
Median 3Y
0.9
Median 5Y
0.9
Industry
0.7
More Details

Multiples Across Competitors

ESRT Competitors Multiples
Empire State Realty Trust Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Empire State Realty Trust Inc
NYSE:ESRT
1.7B USD 2.2 37.3 10.7 23.7
ZA
Growthpoint Properties Ltd
JSE:GRT
44B Zac 0 0 0 0
ZA
Redefine Properties Ltd
JSE:RDF
29.4B Zac 0 0 0 0
US
WP Carey Inc
NYSE:WPC
11.9B USD 7.5 21.4 14.8 24.8
ZA
Attacq Ltd
JSE:ATT
10.1B Zac 0 0 0 0
JP
KDX Realty Investment Corp
OTC:KDXRF
9.6B USD 27 38.4 54.4 68.7
AU
Stockland Corporation Ltd
ASX:SGP
11.8B AUD 3.9 38.7 21.6 21.6
ZA
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
7.1B Zac 0 0 0 0
ZA
Fairvest Ltd
JSE:FTA
6.9B Zac 0 0 0 0
FR
Gecina SA
PAR:GFC
6.6B EUR 7.7 -7.2 16.6 17.3
US
STORE Capital Corp
LSE:0LA6
6.8B USD 7.7 21.4 14.6 23.3
P/S Multiple
Revenue Growth P/S to Growth
US
Empire State Realty Trust Inc
NYSE:ESRT
Average P/S: 9.4
2.2
7%
0.3
ZA
G
Growthpoint Properties Ltd
JSE:GRT
Not Available
-36%
N/A
ZA
R
Redefine Properties Ltd
JSE:RDF
Not Available
-45%
N/A
US
WP Carey Inc
NYSE:WPC
7.5
0%
203.6
ZA
A
Attacq Ltd
JSE:ATT
Not Available N/A N/A
JP
KDX Realty Investment Corp
OTC:KDXRF
27
72%
0.4
AU
Stockland Corporation Ltd
ASX:SGP
3.9
56%
0.1
ZA
S
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
Not Available
-22%
N/A
ZA
F
Fairvest Ltd
JSE:FTA
Not Available N/A N/A
FR
Gecina SA
PAR:GFC
7.7
16%
0.5
US
S
STORE Capital Corp
LSE:0LA6
7.7
26%
0.3
P/E Multiple
Earnings Growth P/E to Growth
US
Empire State Realty Trust Inc
NYSE:ESRT
Average P/E: 31.4
37.3
-79%
N/A
ZA
G
Growthpoint Properties Ltd
JSE:GRT
Not Available
-96%
N/A
ZA
R
Redefine Properties Ltd
JSE:RDF
Not Available
-98%
N/A
US
WP Carey Inc
NYSE:WPC
21.4
-19%
N/A
ZA
A
Attacq Ltd
JSE:ATT
Not Available N/A N/A
JP
KDX Realty Investment Corp
OTC:KDXRF
38.4
128%
0.3
AU
Stockland Corporation Ltd
ASX:SGP
38.7
221%
0.2
ZA
S
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
Not Available
-37%
N/A
ZA
F
Fairvest Ltd
JSE:FTA
Not Available N/A N/A
FR
Gecina SA
PAR:GFC
Negative Multiple: -7.2 N/A N/A
US
S
STORE Capital Corp
LSE:0LA6
21.4
31%
0.7
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Empire State Realty Trust Inc
NYSE:ESRT
Average EV/EBITDA: 22.1
10.7
11%
1
ZA
G
Growthpoint Properties Ltd
JSE:GRT
Not Available
-5%
N/A
ZA
R
Redefine Properties Ltd
JSE:RDF
Not Available
-6%
N/A
US
WP Carey Inc
NYSE:WPC
14.8
11%
1.3
ZA
A
Attacq Ltd
JSE:ATT
Not Available N/A N/A
JP
KDX Realty Investment Corp
OTC:KDXRF
54.4
122%
0.4
AU
Stockland Corporation Ltd
ASX:SGP
21.6
67%
0.3
ZA
S
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
Not Available
17%
N/A
ZA
F
Fairvest Ltd
JSE:FTA
Not Available N/A N/A
FR
Gecina SA
PAR:GFC
16.6
14%
1.2
US
S
STORE Capital Corp
LSE:0LA6
14.6
52%
0.3
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Empire State Realty Trust Inc
NYSE:ESRT
Average EV/EBIT: 29.9
23.7
12%
2
ZA
G
Growthpoint Properties Ltd
JSE:GRT
Not Available
-7%
N/A
ZA
R
Redefine Properties Ltd
JSE:RDF
Not Available
19%
N/A
US
WP Carey Inc
NYSE:WPC
24.8
14%
1.8
ZA
A
Attacq Ltd
JSE:ATT
Not Available
12%
N/A
JP
KDX Realty Investment Corp
OTC:KDXRF
68.7
N/A N/A
AU
Stockland Corporation Ltd
ASX:SGP
21.6
60%
0.4
ZA
S
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
Not Available N/A N/A
ZA
F
Fairvest Ltd
JSE:FTA
Not Available N/A N/A
FR
Gecina SA
PAR:GFC
17.3
24%
0.7
US
S
STORE Capital Corp
LSE:0LA6
23.3
54%
0.4

See Also

Summary
ESRT intrinsic value, competitors valuation, and company profile.
DCF Valuation
ESRT stock valuation using Discount Cash Flow valuation method.
Relative Valuation
ESRT stock valuation using valuation multiples.
Wall Street Estimates
ESRT price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
ESRT stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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