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ESBA$5.55+0.73%
Fair $5.55+0.0%

ESBA

Empire State Realty OP, L.P.

Real Estate / REIT - OfficeNYSEArca

$5.55

+0.04 (+0.73%)

Fairly Valued+0.0%Fair Value $5.55Fund rank 36/100 · Data gapFallback financials|
SA 25/D
F-Score: 4/9
Low Profitability

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 100% · confianza 20%

FCF escenarios

weak_data · normalized FCF n/d · quality 16.0/100

Data gap 36/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 97/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

25/100

D

Piotroski

4/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

20/100

SEC 0%

Latest source: unknownPeriods: 15Warnings: 1unknown: 15
No SEC-backed annual rows; valuation uses fallback financial data. Sector-specific NAV/AFFO model required: REIT/real-estate targets are disabled until FFO/AFFO/NAV/cap-rate data exists. REIT NAV/AFFO valuation requires positive AFFO/share history or TTM AFFO/share; generic FCF remains disabled. ROE is 4.0%, below the 5% threshold
Thesis & Journal · ESBALocal privado en este navegador · Empire State Realty OP, L.P.
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$1.6B

P/E

26.4x

↑

EV/EBITDA

10.1x

↓

ROE

4.0%

↓

Gross Margin

52.5%

↑

Debt/Equity

1.34

↑
52-Week Range$6
$5$9

TradingView lightweight chart

ESBA price, volumen y niveles de valoración

Último $5.550Periodo -58.9%
Fair value: $5.550

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2011–2025 · 14 años de histórico normalizado

Revenue CAGR

+7.1%

FCF CAGR

—

FCF margin

32.4%

FCF / Net income

3.41x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $768.3M · net income $73.0M · FCF $249.1M

2011-FY → 2025-FY

Gross margin

52.5%— pts

Operating margin

17.7%— pts

Net margin

9.5%-10.0% pts

FCF margin

32.4%— pts
MetricTTM
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
Income Statement
Revenue$768.3M$768.3M$767.9M$739.6M$727.0M$624.1M$609.2M$731.3M$731.5M$709.5M$677.4M$657.6M$635.3M—$260.3M$294.8M
Net Income$73.0M$73.0M$80.4M$84.3M$63.5M$-13.0M$-22.9M$84.3M$116.3M$117.3M$106.3M$79.0M$69.7M—$48.6M$57.4M
EBITDA$378.7M$378.7M$383.2M$383.9M$385.9M$280.9M$249.7M$336.3M$359.4M$353.6M$339.1M$322.8M$286.8M—$131.4M—
EPS——0.280.300.22-0.06-0.100.270.390.390.380.290.27———
Gross Margin52.5%52.5%53.9%54.2%55.8%———————————
Operating Margin17.7%17.7%20.7%19.8%17.5%12.7%9.6%21.2%26.1%27.2%27.1%23.0%22.2%—34.1%—
Net Margin9.5%9.5%10.5%11.4%8.7%-2.1%-3.8%11.5%15.9%16.5%15.7%12.0%11.0%—18.7%19.5%
Balance Sheet
Debt/Equity1.341.34-162.481.331.37———————————
Current Ratio1.501.50——————————————
Cash Flow
Free Cash Flow$249.1M$249.1M$260.9M$232.5M$211.2M———————————
Returns
ROE4.0%4.0%-521.5%4.9%3.8%———————————
Valuation
P/E26.4326.4336.3231.7028.41———————————
EV/EBITDA10.1210.1212.6711.629.63———————————
P/B0.840.84—1.471.01———————————
Growth & Yield
Revenue Growth0.0%0.0%3.8%1.7%—2.4%-16.7%-0.0%3.1%4.7%3.0%3.5%——-11.7%—
EPS Growth——-6.7%36.4%—40.0%-137.0%-30.8%0.0%2.6%31.0%7.4%————
Dividend Yield2.5%2.5%——————————————

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%
Reverse DCF requires positive EPS; loss-making or zero-EPS companies cannot produce a clean EPS hurdle.

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total -23.0%

Total return

-23.0%

Start / end P/E

n/dx → n/dx

EPS bridge

0.28 → n/d

Residual

-25.5%

EPS growthn/d
Multiple reratingn/d
Dividend+2.5%
Residual / FX / buybacks / cross-term-25.5%

EPS/multiple decomposition requires positive EPS at both endpoints; residual absorbs price move not explained by dividends.

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.