Essex Property Trust Valuation
Is ESS * undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of ESS * when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: ESS * (MX$4081.12) is trading below our estimate of fair value (MX$4436.09)
Significantly Below Fair Value: ESS * is trading below fair value, but not by a significant amount.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for ESS *?
Key metric: As ESS * is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.
| What is ESS *'s PE Ratio? | |
|---|---|
| PE Ratio | 26.9x |
| Earnings | US$525.60m |
| Market Cap | US$14.66b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 11.9x |
| Enterprise Value/EBITDA | 18.2x |
| PEG Ratio | -4.5x |
Price to Earnings Ratio vs Peers
How does ESS *'s PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 23x | ||
FSITES 20 Fideicomiso Opsimex | 62.7x | n/a | Mex$88.1b |
FIBRAPL 14 FIBRA Prologis | 4.4x | -63.6% | Mex$95.4b |
FUNO 11 Fibra UNO | 7x | -1.4% | Mex$81.4b |
EDUCA 18 Fideicomiso Irrevocable No. F/3277 en Banco Invex S. A. Institución de Banca Múltiple INVEX Grupo | 18.1x | n/a | Mex$69.6b |
ESS * Essex Property Trust | 26.9x | -5.9% | Mex$14.7b |
Price-To-Earnings vs Peers: ESS * is expensive based on its Price-To-Earnings Ratio (26.9x) compared to the peer average (22.3x).
Price to Earnings Ratio vs Industry
How does ESS *'s PE Ratio compare vs other companies in the Global Residential REITs Industry?
| 1 Company | Price / Earnings | Estimated Growth | Market Cap |
|---|---|---|---|
| 1 Company | Estimated Growth | Market Cap | |
|---|---|---|---|
Price-To-Earnings vs Industry: ESS * is expensive based on its Price-To-Earnings Ratio (26.9x) compared to the Global Residential REITs industry average (24.5x).
Price to Earnings Ratio vs Fair Ratio
What is ESS *'s PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 26.9x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate ESS *'s Price-To-Earnings Fair Ratio for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
Discover undervalued companies
Park Hotels & Resorts
US$3.2b
Park is one of the largest publicly traded lodging REITs with a diverse portfolio of market-leading hotels and resorts with significant underlying real estate value.
PK *
US$298.30
7D
1.2%
1Y
n/a
Office Properties Income Trust
US$95.9m
OPI is a national REIT focused on owning and leasing high quality office and mixed-use properties in select growth-oriented U.S.
OPIUSA *
US$24.90
7D
0%
1Y
n/a
FIBRA Macquarie México
Mex$25.9b
FIBRA Macquarie México (FIBRA Macquarie) (BMV:FIBRAMQ) is a real estate investment trust (fideicomiso de inversión en bienes raíces), or FIBRA, listed on the Mexican Stock Exchange (Bolsa Mexicana de Valores) targeting industrial, retail and office real estate opportunities in Mexico, with a primary focus on stabilized income-producing properties.
FIBRAMQ 12
Mex$32.36
7D
0.03%
1Y
10.2%