EMPIRE STATE REALTY OP LP-ES (ESBA) Stock Fundamental Analysis
USA - NYSEARCA:ESBA - US2921021000
6.94 USD
-0.03 (-0.43%)
We assign a fundamental rating of 4 out of 10 to ESBA. ESBA was compared to 128 industry peers in the Diversified REITs industry. Both the profitability and the financial health of ESBA get a neutral evaluation. Nothing too spectacular is happening here. ESBA has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
ESBA had positive earnings in the past year.
ESBA had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: ESBA reported negative net income in multiple years.
In the past 5 years ESBA always reported a positive cash flow from operatings.
1.2 Ratios
With a decent Return On Assets value of 1.90%, ESBA is doing good in the industry, outperforming 64.84% of the companies in the same industry.
ESBA has a better Return On Equity (10.98%) than 91.41% of its industry peers.
With a Return On Invested Capital value of 2.83%, ESBA perfoms like the industry average, outperforming 52.34% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for ESBA is in line with the industry average of 3.04%.
The last Return On Invested Capital (2.83%) for ESBA is above the 3 year average (2.32%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.9% | ||
| ROE | 10.98% | ||
| ROIC | 2.83% |
ROA(3y)1.01%
ROA(5y)0.92%
ROE(3y)5.78%
ROE(5y)5.14%
ROIC(3y)2.32%
ROIC(5y)2.29%
1.3 Margins
Looking at the Profit Margin, with a value of 10.84%, ESBA is in line with its industry, outperforming 59.38% of the companies in the same industry.
ESBA's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 19.84%, ESBA perfoms like the industry average, outperforming 46.88% of the companies in the same industry.
ESBA's Operating Margin has declined in the last couple of years.
ESBA's Gross Margin of 54.16% is on the low side compared to the rest of the industry. ESBA is outperformed by 75.78% of its industry peers.
In the last couple of years the Gross Margin of ESBA has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.84% | ||
| PM (TTM) | 10.84% | ||
| GM | 54.16% |
OM growth 3Y23.05%
OM growth 5Y-5.33%
PM growth 3YN/A
PM growth 5Y-7.53%
GM growth 3Y1.23%
GM growth 5Y-0.78%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ESBA is destroying value.
Compared to 1 year ago, ESBA has less shares outstanding
The number of shares outstanding for ESBA has been reduced compared to 5 years ago.
Compared to 1 year ago, ESBA has an improved debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of ESBA is 24.05, which is on the high side as it means it would take ESBA, 24.05 years of fcf income to pay off all of its debts.
ESBA has a better Debt to FCF ratio (24.05) than 75.78% of its industry peers.
ESBA has a Debt/Equity ratio of 3.07. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of ESBA (3.07) is worse than 79.69% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.07 | ||
| Debt/FCF | 24.05 | ||
| Altman-Z | N/A |
ROIC/WACC0.48
WACC5.9%
2.3 Liquidity
ESBA has a Current Ratio of 5.01. This indicates that ESBA is financially healthy and has no problem in meeting its short term obligations.
ESBA has a Current ratio of 5.01. This is amongst the best in the industry. ESBA outperforms 93.75% of its industry peers.
ESBA has a Quick Ratio of 5.01. This indicates that ESBA is financially healthy and has no problem in meeting its short term obligations.
With an excellent Quick ratio value of 5.01, ESBA belongs to the best of the industry, outperforming 93.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.01 | ||
| Quick Ratio | 5.01 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 37.45% over the past year.
ESBA shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -5.00% yearly.
The Revenue has been growing slightly by 1.72% in the past year.
Measured over the past years, ESBA shows a small growth in Revenue. The Revenue has been growing by 0.22% on average per year.
EPS 1Y (TTM)37.45%
EPS 3YN/A
EPS 5Y-5%
EPS Q2Q%-28.05%
Revenue 1Y (TTM)1.72%
Revenue growth 3Y6.68%
Revenue growth 5Y0.22%
Sales Q2Q%6.4%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
ESBA is valuated rather expensively with a Price/Earnings ratio of 23.13.
Compared to the rest of the industry, the Price/Earnings ratio of ESBA indicates a rather cheap valuation: ESBA is cheaper than 80.47% of the companies listed in the same industry.
ESBA is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 25.89, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.13 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ESBA indicates a rather cheap valuation: ESBA is cheaper than 96.88% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, ESBA is valued cheaper than 96.09% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.04 | ||
| EV/EBITDA | 7.86 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
ESBA has a Yearly Dividend Yield of 1.35%.
Compared to an average industry Dividend Yield of 6.31, ESBA's dividend is way lower than its industry peers. On top of this 90.63% of the companies listed in the same industry pay a better dividend than ESBA!
Compared to an average S&P500 Dividend Yield of 2.36, ESBA's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.35% |
5.2 History
ESBA has been paying a dividend for at least 10 years, so it has a reliable track record.
ESBA has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years3
5.3 Sustainability
ESBA pays out 51.56% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP51.56%
EPS Next 2YN/A
EPS Next 3YN/A
NYSEARCA:ESBA (11/14/2025, 8:04:00 PM)
6.94
-0.03 (-0.43%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst OwnersN/A
Inst Owner Change-1.75%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap748.82M
Revenue(TTM)739.57M
Net Income(TTM)80.14M
Analysts0
Price TargetN/A
Short Float %0.02%
Short Ratio0.55
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.35% |
Yearly Dividend0.38
Dividend Growth(5Y)N/A
DP51.56%
Div Incr Years1
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.13 | ||
| Fwd PE | N/A | ||
| P/S | 1.01 | ||
| P/FCF | 8.04 | ||
| P/OCF | 3.22 | ||
| P/B | 1.03 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.86 |
EPS(TTM)0.3
EY4.32%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.86
FCFY12.44%
OCF(TTM)2.15
OCFY31.05%
SpS6.85
BVpS6.77
TBVpS-0.77
PEG (NY)N/A
PEG (5Y)N/A
Graham Number6.76
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.9% | ||
| ROE | 10.98% | ||
| ROCE | 3.59% | ||
| ROIC | 2.83% | ||
| ROICexc | 3.1% | ||
| ROICexgc | 3.95% | ||
| OM | 19.84% | ||
| PM (TTM) | 10.84% | ||
| GM | 54.16% | ||
| FCFM | 12.6% |
ROA(3y)1.01%
ROA(5y)0.92%
ROE(3y)5.78%
ROE(5y)5.14%
ROIC(3y)2.32%
ROIC(5y)2.29%
ROICexc(3y)2.53%
ROICexc(5y)2.5%
ROICexgc(3y)3.23%
ROICexgc(5y)3.23%
ROCE(3y)2.94%
ROCE(5y)2.9%
ROICexgc growth 3Y27.14%
ROICexgc growth 5Y-4.6%
ROICexc growth 3Y28.34%
ROICexc growth 5Y-4.52%
OM growth 3Y23.05%
OM growth 5Y-5.33%
PM growth 3YN/A
PM growth 5Y-7.53%
GM growth 3Y1.23%
GM growth 5Y-0.78%
F-Score8
Asset Turnover0.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.07 | ||
| Debt/FCF | 24.05 | ||
| Debt/EBITDA | 6.66 | ||
| Cap/Depr | 73.36% | ||
| Cap/Sales | 18.84% | ||
| Interest Coverage | 1.59 | ||
| Cash Conversion | 69.07% | ||
| Profit Quality | 116.25% | ||
| Current Ratio | 5.01 | ||
| Quick Ratio | 5.01 | ||
| Altman-Z | N/A |
F-Score8
WACC5.9%
ROIC/WACC0.48
Cap/Depr(3y)59.56%
Cap/Depr(5y)78.28%
Cap/Sales(3y)17.15%
Cap/Sales(5y)21.83%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)37.45%
EPS 3YN/A
EPS 5Y-5%
EPS Q2Q%-28.05%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)1.72%
Revenue growth 3Y6.68%
Revenue growth 5Y0.22%
Sales Q2Q%6.4%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y15.49%
EBIT growth 3Y31.26%
EBIT growth 5Y-5.13%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y9.73%
FCF growth 3Y33.48%
FCF growth 5Y20.95%
OCF growth 1Y10.1%
OCF growth 3Y8.45%
OCF growth 5Y-3.58%
EMPIRE STATE REALTY OP LP-ES / ESBA FAQ
What is the fundamental rating for ESBA stock?
ChartMill assigns a fundamental rating of 4 / 10 to ESBA.
What is the valuation status of EMPIRE STATE REALTY OP LP-ES (ESBA) stock?
ChartMill assigns a valuation rating of 4 / 10 to EMPIRE STATE REALTY OP LP-ES (ESBA). This can be considered as Fairly Valued.
How profitable is EMPIRE STATE REALTY OP LP-ES (ESBA) stock?
EMPIRE STATE REALTY OP LP-ES (ESBA) has a profitability rating of 5 / 10.
What is the financial health of EMPIRE STATE REALTY OP LP-ES (ESBA) stock?
The financial health rating of EMPIRE STATE REALTY OP LP-ES (ESBA) is 5 / 10.
Is the dividend of EMPIRE STATE REALTY OP LP-ES sustainable?
The dividend rating of EMPIRE STATE REALTY OP LP-ES (ESBA) is 3 / 10 and the dividend payout ratio is 51.56%.