ESRT Intrinsic Value Calculation – Empire State Realty Trust Receives Weak Valuation Score of 24 from InvestorsObserver
July 27, 2023
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Empire State Realty ($NYSE:ESRT) Trust Inc (ESRT) recently received a weak valuation score of 24 from InvestorsObserver’s proprietary scoring system. This score is based on a number of factors such as the company’s competitive position, financial condition and potential for profit. Considering this, is it advisable to purchase ESRT stock on Tuesday? Empire State Realty Trust Inc is a real estate investment trust that owns and operates commercial and office space in the New York Metropolitan area. The company also operates retail space in some of the most sought-after locations in New York City. In addition to owning and operating properties, ESRT also focuses on capital investment opportunities, leasing, and property management. Given their weak valuation score of 24, investors may be wary of purchasing ESRT stock on Tuesday.
However, it is important to note that this score does not take into account the potential for long-term growth that Empire State Realty Trust Inc offers. The company has a strong portfolio of properties and could benefit from increased demand for commercial and office space in the future. Therefore, long-term investors may still find value in owning ESRT stock.
Market Price
The company’s stock opened at $7.9 and closed at $8.2, an increase of 2.9%. This was an improvement from the previous closing price of $7.9, indicating a rise in investor confidence in the company and its prospects. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for ESRT. More…
| Total Revenues | Net Income | Net Margin |
| 727.63 | 54.26 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for ESRT. More…
| Operations | Investing | Financing |
| 211.17 | -230.89 | -140.24 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for ESRT. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.16k | 2.48k | 10.37 |
Key Ratios Snapshot
Some of the financial key ratios for ESRT are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 19.0% |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis – ESRT Intrinsic Value Calculation
Currently, the stock is trading at $8.2, which is a fair price but slightly undervalued by 3.1%. This gives investors the opportunity to purchase shares in the company at a discount. We believe that EMPIRE STATE REALTY TRUST is a strong investment opportunity and should be considered by all investors looking for undervalued stocks. More…
Peers
ESRT’s portfolio includes the Empire State Building, the world’s most famous office building. The company also owns and manages a retail portfolio that comprises some of New York’s most iconic and historic shopping destinations. ESRT’s competitors include SL Green Realty Corp, Vornado Realty Trust, Hudson Pacific Properties Inc.
– SL Green Realty Corp ($NYSE:SLG)
SL Green Realty Corp is a real estate investment trust that focuses on acquiring, managing, and developing office properties in the United States. As of December 31, 2020, the company owned interests in 108 Manhattan buildings totaling 54.4 million square feet.
– Vornado Realty Trust ($NYSE:VNO)
Vornado Realty Trust is a publicly traded real estate investment trust (REIT) that owns, manages and develops commercial real estate, primarily in the United States. The company’s portfolio includes office buildings, retail space, hotels and other properties. Vornado’s market capitalization is $4.44 billion as of 2022. The company’s properties are located in major markets across the United States, including New York City, Washington, D.C., Chicago and San Francisco.
– Hudson Pacific Properties Inc ($NYSE:HPP)
Hudson Pacific Properties Inc is a real estate investment trust that focuses on acquiring, developing, and operating office properties in the United States. As of December 31, 2020, the company owned and operated approximately 39 million square feet of office space. Hudson Pacific Properties Inc is headquartered in Los Angeles, California.
Summary
Empire State Realty Trust Inc (ESRT) is a real estate investment trust that owns, manages, operates, and re-develops office and retail properties in the New York metropolitan area. According to InvestorsObserver analysis, ESRT has a weak valuation score of 24. This score is based on the company’s current share price relative to its earnings and cash flow, as well as a comparison of its price-to-book ratio with the industry average. Investors should proceed with caution before buying ESRT stock due to the company’s weak financials and uncertain future.
