(ESS) Essex Property Trust - Ratings and Ratios
Apartment Homes, Residential Properties, Multifamily Communities
ESS EPS (Earnings per Share)
ESS Revenue
Description: ESS Essex Property Trust
Essex Property Trust, Inc. (NYSE:ESS) is a fully integrated real estate investment trust (REIT) specializing in multifamily residential properties on the West Coast. As an S&P 500 company, it has a significant presence in the market. The companys portfolio comprises 257 apartment communities with over 62,000 apartment homes, and it has an additional property in active development.
From a financial perspective, ESS has a market capitalization of approximately $19.8 billion, indicating its substantial size and market influence. The companys return on equity (RoE) stands at 12.20%, suggesting a relatively healthy profitability. However, its price-to-earnings (P/E) ratio is 27.44, and the forward P/E is 54.64, which may indicate that the stock is currently overvalued or that the market expects significant future growth.
To further analyze ESS, we can look at additional key performance indicators (KPIs). For instance, the companys funds from operations (FFO) per share and adjusted FFO per share are crucial metrics for REITs, as they provide insights into the companys ability to generate cash from its operations. Furthermore, the occupancy rate and rental growth are essential in understanding the companys operational performance. A high occupancy rate and increasing rental income can contribute to a stable and growing revenue stream.
Considering the West Coast multifamily residential market, ESS is well-positioned to capitalize on the regions demographic trends, such as population growth and housing demand. The companys focus on acquiring, developing, and redeveloping properties in selected markets can help drive long-term value creation. By examining ESSs dividend yield, payout ratio, and debt-to-equity ratio, we can gain a more comprehensive understanding of the companys financial health and its ability to sustain its dividend payments.
ESS Stock Overview
| Market Cap in USD | 18,570m |
| Sub-Industry | Multi-Family Residential REITs |
| IPO / Inception | 1994-06-06 |
ESS Stock Ratings
| Growth Rating | -0.43% |
| Fundamental | 75.6% |
| Dividend Rating | 65.5% |
| Return 12m vs S&P 500 | -25.5% |
| Analyst Rating | 3.33 of 5 |
ESS Dividends
| Dividend Yield 12m | 4.59% |
| Yield on Cost 5y | 7.35% |
| Annual Growth 5y | -2.43% |
| Payout Consistency | 99.4% |
| Payout Ratio | 123.0% |
ESS Growth Ratios
| Growth Correlation 3m | -56.9% |
| Growth Correlation 12m | -49.9% |
| Growth Correlation 5y | 21.7% |
| CAGR 5y | 6.50% |
| CAGR/Max DD 3y | 0.33 |
| CAGR/Mean DD 3y | 0.95 |
| Sharpe Ratio 12m | 0.94 |
| Alpha | 0.09 |
| Beta | 0.480 |
| Volatility | 21.73% |
| Current Volume | 312.6k |
| Average Volume 20d | 364.9k |
| Stop Loss | 258.2 (-3%) |
| Signal | 0.60 |
Piotroski VR‑10 (Strict, 0-10) 3.5
| Net Income (800.3m TTM) > 0 and > 6% of Revenue (6% = 110.4m TTM) |
| FCFTA 0.07 (>2.0%) and ΔFCFTA -0.27pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -22.77% (prev -6.62%; Δ -16.15pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.08 (>3.0%) and CFO 1.03b > Net Income 800.3m (YES >=105%, WARN >=100%) |
| Net Debt (6.75b) to EBITDA (1.65b) ratio: 4.10 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.44 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (64.4m) change vs 12m ago 0.25% (target <= -2.0% for YES) |
| Gross Margin 64.03% (prev 81.70%; Δ -17.67pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 14.32% (prev 13.67%; Δ 0.65pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 4.22 (EBITDA TTM 1.65b / Interest Expense TTM 248.5m) >= 6 (WARN >= 3) |
Altman Z'' -0.07
| (A) -0.03 = (Total Current Assets 335.8m - Total Current Liabilities 754.8m) / Total Assets 13.18b |
| (B) -0.08 = Retained Earnings (Balance) -1.06b / Total Assets 13.18b |
| (C) 0.08 = EBIT TTM 1.05b / Avg Total Assets 12.85b |
| (D) -0.14 = Book Value of Equity -1.05b / Total Liabilities 7.34b |
| Total Rating: -0.07 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 75.55
| 1. Piotroski 3.50pt = -1.50 |
| 2. FCF Yield 3.53% = 1.77 |
| 3. FCF Margin 48.51% = 7.50 |
| 4. Debt/Equity 1.20 = 1.82 |
| 5. Debt/Ebitda 4.11 = -2.50 |
| 6. ROIC - WACC (= 8.16)% = 10.20 |
| 7. RoE 14.44% = 1.20 |
| 8. Rev. Trend 96.39% = 7.23 |
| 9. EPS Trend -3.46% = -0.17 |
What is the price of ESS shares?
Over the past week, the price has changed by +0.98%, over one month by +3.81%, over three months by -5.25% and over the past year by -11.72%.
Is Essex Property Trust a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of ESS is around 239.82 USD . This means that ESS is currently overvalued and has a potential downside of -9.92%.
Is ESS a buy, sell or hold?
- Strong Buy: 3
- Buy: 6
- Hold: 16
- Sell: 1
- Strong Sell: 1
What are the forecasts/targets for the ESS price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 295.4 | 11% |
| Analysts Target Price | 295.4 | 11% |
| ValueRay Target Price | 265.7 | -0.2% |
Last update: 2025-09-10 04:37
ESS Fundamental Data Overview
CCE Cash And Equivalents = 58.7m USD (last quarter)
P/E Trailing = 21.6125
P/E Forward = 47.619
P/S = 9.8359
P/B = 3.0727
P/EG = 7.395
Beta = 0.845
Revenue TTM = 1.84b USD
EBIT TTM = 1.05b USD
EBITDA TTM = 1.65b USD
Long Term Debt = 6.39b USD (from longTermDebt, last quarter)
Short Term Debt = 365.0m USD (from shortTermDebt, last quarter)
Debt = 6.76b USD (Calculated: Short Term 365.0m + Long Term 6.39b)
Net Debt = 6.75b USD (from netDebt column, last quarter)
Enterprise Value = 25.27b USD (18.57b + Debt 6.76b - CCE 58.7m)
Interest Coverage Ratio = 4.22 (Ebit TTM 1.05b / Interest Expense TTM 248.5m)
FCF Yield = 3.53% (FCF TTM 892.3m / Enterprise Value 25.27b)
FCF Margin = 48.51% (FCF TTM 892.3m / Revenue TTM 1.84b)
Net Margin = 43.51% (Net Income TTM 800.3m / Revenue TTM 1.84b)
Gross Margin = 64.03% ((Revenue TTM 1.84b - Cost of Revenue TTM 661.7m) / Revenue TTM)
Tobins Q-Ratio = -24.06 (set to none) (Enterprise Value 25.27b / Book Value Of Equity -1.05b)
Interest Expense / Debt = 0.97% (Interest Expense 65.3m / Debt 6.76b)
Taxrate = -108.6% (set to none) (-881.1m / 811.3m)
NOPAT = unknown (EBIT/Op.Income or Taxrate missing)
Current Ratio = 0.44 (Total Current Assets 335.8m / Total Current Liabilities 754.8m)
Debt / Equity = 1.20 (Debt 6.76b / last Quarter total Stockholder Equity 5.64b)
Debt / EBITDA = 4.11 (Net Debt 6.75b / EBITDA 1.65b)
Debt / FCF = 7.58 (Debt 6.76b / FCF TTM 892.3m)
Total Stockholder Equity = 5.54b (last 4 quarters mean)
RoA = 6.07% (Net Income 800.3m, Total Assets 13.18b )
RoE = 14.44% (Net Income TTM 800.3m / Total Stockholder Equity 5.54b)
RoCE = 8.78% (Ebit 1.05b / (Equity 5.54b + L.T.Debt 6.39b))
RoIC = 8.16% (Ebit 1.05b / (Assets 13.18b - Current Assets 335.8m))
WACC = unknown (E(18.57b)/V(25.33b) * Re(7.78%)) + (D(6.76b)/V(25.33b) * Rd(0.97%) * (1-Tc(none)))
Shares Correlation 3-Years: 6.06 | Cagr: -0.10%
Discount Rate = 7.78% (= CAPM, Blume Beta Adj.) -> floored to rf + ERP 8.05%
[DCF Debug] Terminal Value 78.77% ; FCFE base≈887.5m ; Y1≈917.7m ; Y5≈1.04b
Fair Price DCF = 284.2 (DCF Value 18.30b / Shares Outstanding 64.4m; 5y FCF grow 3.49% → 3.0% )
EPS Correlation: -3.46 | EPS CAGR: 1.26% | SUE: 0.05 | # QB: 0
Revenue Correlation: 96.39 | Revenue CAGR: 5.10% | SUE: 0.90 | # QB: 2
Additional Sources for ESS Stock
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Fund Manager Positions: Dataroma | Stockcircle