ESRT Relative Valuation
ESRT's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, ESRT is overvalued; if below, it's undervalued.
Historical Valuation
Empire State Realty Trust Inc (ESRT) is now in the Fair zone, suggesting that its current forward PS ratio of 1.83 is considered Fairly compared with the five-year average of 116.73. The fair price of Empire State Realty Trust Inc (ESRT) is between 4.91 to 9.17 according to relative valuation methord.
Relative Value
Fair Zone
4.91-9.17
Current Price：6.87
Fair
96.46
PE
1Y
3Y
5Y
Trailing
Forward
11.62
EV/EBITDA
Empire State Realty Trust Inc. (ESRT) has a current EV/EBITDA of 11.62. The 5-year average EV/EBITDA is 12.76. The thresholds are as follows: Strongly Undervalued below 9.21, Undervalued between 9.21 and 10.98, Fairly Valued between 14.54 and 10.98, Overvalued between 14.54 and 16.31, and Strongly Overvalued above 16.31. The current Forward EV/EBITDA of 11.62 falls within the Historic Trend Line -Fairly Valued range.
26.77
EV/EBIT
Empire State Realty Trust Inc. (ESRT) has a current EV/EBIT of 26.77. The 5-year average EV/EBIT is 46.21. The thresholds are as follows: Strongly Undervalued below -67.08, Undervalued between -67.08 and -10.44, Fairly Valued between 102.85 and -10.44, Overvalued between 102.85 and 159.50, and Strongly Overvalued above 159.50. The current Forward EV/EBIT of 26.77 falls within the Historic Trend Line -Fairly Valued range.
1.83
PS
Empire State Realty Trust Inc. (ESRT) has a current PS of 1.83. The 5-year average PS is 2.35. The thresholds are as follows: Strongly Undervalued below 0.93, Undervalued between 0.93 and 1.64, Fairly Valued between 3.06 and 1.64, Overvalued between 3.06 and 3.77, and Strongly Overvalued above 3.77. The current Forward PS of 1.83 falls within the Historic Trend Line -Fairly Valued range.
0.00
P/OCF
Empire State Realty Trust Inc. (ESRT) has a current P/OCF of 0.00. The 5-year average P/OCF is 4.51. The thresholds are as follows: Strongly Undervalued below -2.10, Undervalued between -2.10 and 1.21, Fairly Valued between 7.81 and 1.21, Overvalued between 7.81 and 11.11, and Strongly Overvalued above 11.11. The current Forward P/OCF of 0.00 falls within the Undervalued range.
0.00
P/FCF
Empire State Realty Trust Inc. (ESRT) has a current P/FCF of 0.00. The 5-year average P/FCF is 12.27. The thresholds are as follows: Strongly Undervalued below -2.09, Undervalued between -2.09 and 5.09, Fairly Valued between 19.45 and 5.09, Overvalued between 19.45 and 26.64, and Strongly Overvalued above 26.64. The current Forward P/FCF of 0.00 falls within the Undervalued range.
Empire State Realty Trust Inc (ESRT) has a current Price-to-Book (P/B) ratio of 1.37. Compared to its 3-year average P/B ratio of 1.34 , the current P/B ratio is approximately 2.70% higher. Relative to its 5-year average P/B ratio of 1.45, the current P/B ratio is about -4.89% higher. Empire State Realty Trust Inc (ESRT) has a Forward Free Cash Flow (FCF) yield of approximately 19.30%. Compared to its 3-year average FCF yield of 14.82%, the current FCF yield is approximately 30.17% lower. Relative to its 5-year average FCF yield of 14.00% , the current FCF yield is about 37.79% lower.
1.37
P/B
Median3y
1.34
Median5y
1.45
19.30
FCF Yield
Median3y
14.82
Median5y
14.00
Competitors Valuation Multiple
The average P/S ratio for ESRT's competitors is , providing a benchmark for relative valuation. Empire State Realty Trust Inc Corp (ESRT) exhibits a P/S ratio of , which is NaN% above the industry average. Given its robust revenue growth of -0.61%, this premium appears unsustainable.
P/S
P/E
EV/EBITDA
EV/EBIT
P/S
Revenue Growth
Market Cap
Performance Decomposition
1Y
3Y
5Y
Market capitalization of ESRT decreased by 33.43% over the past 1 year. The primary factor behind the change was an increase in Margin Expansion from 5.64 to 8.76.
The secondary factor is the Revenue Growth, contributed -0.61%to the performance.
Overall, the performance of ESRT in the past 1 year is driven by Margin Expansion. Which is more sustainable.
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FAQ
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