EMPIRE STATE REALTY OP LP-ES (ESBA) Stock Fundamental Analysis
USA - NYSEARCA:ESBA - US2921021000
7.055 USD
-0.23 (-3.16%)
Taking everything into account, ESBA scores 4 out of 10 in our fundamental rating. ESBA was compared to 127 industry peers in the Diversified REITs industry. ESBA has only an average score on both its financial health and profitability. ESBA is valued expensive and 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.
Each year in the past 5 years ESBA had a positive operating cash flow.
1.2 Ratios
The Return On Assets of ESBA (1.90%) is better than 62.99% of its industry peers.
Looking at the Return On Equity, with a value of 10.98%, ESBA belongs to the top of the industry, outperforming 92.13% of the companies in the same industry.
ESBA's Return On Invested Capital of 2.83% is in line compared to the rest of the industry. ESBA outperforms 54.33% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ESBA is in line with the industry average of 3.07%.
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
The Profit Margin of ESBA (10.84%) is better than 60.63% of its industry peers.
ESBA's Profit Margin has declined in the last couple of years.
ESBA has a Operating Margin (19.84%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of ESBA has declined.
ESBA's Gross Margin of 54.16% is on the low side compared to the rest of the industry. ESBA is outperformed by 74.80% of its industry peers.
ESBA's Gross Margin has been stable in the last couple of years.
| 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
ESBA has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for ESBA has been reduced compared to 1 year ago.
ESBA has less shares outstanding than it did 5 years ago.
The debt/assets ratio for ESBA has been reduced compared to a year ago.
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 Debt to FCF ratio of 24.05. This is in the better half of the industry: ESBA outperforms 72.44% of its industry peers.
A Debt/Equity ratio of 3.07 is on the high side and indicates that ESBA has dependencies on debt financing.
ESBA has a Debt to Equity ratio of 3.07. This is amonst the worse of the industry: ESBA underperforms 80.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.07 | ||
| Debt/FCF | 24.05 | ||
| Altman-Z | N/A |
ROIC/WACC0.48
WACC5.92%
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's Current ratio of 5.01 is amongst the best of the industry. ESBA outperforms 96.85% of its industry peers.
A Quick Ratio of 5.01 indicates that ESBA has no problem at all paying its short term obligations.
ESBA has a better Quick ratio (5.01) than 96.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.01 | ||
| Quick Ratio | 5.01 |
3. Growth
3.1 Past
ESBA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 37.45%, which is quite impressive.
Measured over the past years, ESBA shows a decrease in Earnings Per Share. The EPS has been decreasing by -5.00% on average per year.
ESBA shows a small growth in Revenue. In the last year, the Revenue has grown by 1.72%.
The Revenue has been growing slightly by 0.22% on average over the past years.
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
A Price/Earnings ratio of 23.52 indicates a rather expensive valuation of ESBA.
Based on the Price/Earnings ratio, ESBA is valued a bit cheaper than 72.44% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.03, ESBA is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.52 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ESBA is valued cheaper than 95.28% of the companies in the same industry.
92.13% of the companies in the same industry are more expensive than ESBA, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.17 | ||
| EV/EBITDA | 7.96 |
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%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 6.33, ESBA's dividend is way lower than its industry peers. On top of this 89.76% of the companies listed in the same industry pay a better dividend than ESBA!
Compared to an average S&P500 Dividend Yield of 2.38, 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 (11/4/2025, 8:20:44 PM)
7.055
-0.23 (-3.16%)
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-1.76%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap761.23M
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 | 23.52 | ||
| Fwd PE | N/A | ||
| P/S | 1.03 | ||
| P/FCF | 8.17 | ||
| P/OCF | 3.27 | ||
| P/B | 1.04 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.96 |
EPS(TTM)0.3
EY4.25%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.86
FCFY12.24%
OCF(TTM)2.15
OCFY30.54%
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
WACC5.92%
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 3 / 10 to EMPIRE STATE REALTY OP LP-ES (ESBA). This can be considered as Overvalued.
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%.