Essex Property Trust Inc
NYSE:ESS

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Essex Property Trust Inc
NYSE:ESS
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Price: 273.76 USD -1.46% Market Closed
Market Cap: 17.6B USD

Relative Value

The Relative Value of one ESS stock under the Base Case scenario is 348.35 USD. Compared to the current market price of 273.76 USD, Essex Property Trust Inc is Undervalued by 21%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

ESS Relative Value
Base Case
348.35 USD
Undervaluation 21%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
47
vs Industry
13
Median 3Y
9.2
Median 5Y
9.6
Industry
3.6
Forward
9.2
vs History
69
vs Industry
19
Median 3Y
32
Median 5Y
32
Industry
16.6
Forward
42.2
vs History
39
vs Industry
19
Median 3Y
15.7
Median 5Y
16.1
Industry
10.9
vs History
vs Industry
15
Median 3Y
39.5
Median 5Y
37.2
Industry
12.8
vs History
30
vs Industry
8
Median 3Y
2.7
Median 5Y
2.7
Industry
0.8
vs History
47
vs Industry
15
Median 3Y
13.1
Median 5Y
13.3
Industry
6.5
Forward
12.8
vs History
47
vs Industry
19
Median 3Y
18.6
Median 5Y
18.8
Industry
12
vs History
46
vs Industry
19
Median 3Y
20.4
Median 5Y
20.8
Industry
15.8
Forward
19
vs History
49
vs Industry
9
Median 3Y
42
Median 5Y
44.8
Industry
19.1
Forward
39.4
vs History
38
vs Industry
24
Median 3Y
21.7
Median 5Y
22.1
Industry
18.4
vs History
vs Industry
19
Median 3Y
30.2
Median 5Y
43.9
Industry
19.9
vs History
33
vs Industry
8
Median 3Y
1.8
Median 5Y
1.8
Industry
0.7

Multiples Across Competitors

ESS Competitors Multiples
Essex Property Trust Inc Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Essex Property Trust Inc
NYSE:ESS
17.5B USD 9.7 26.1 21.4 44.8
US
Avalonbay Communities Inc
NYSE:AVB
28.5B USD 9.7 24.9 20.6 39.5
US
Equity Residential
NYSE:EQR
25.9B USD 8.6 26.1 18.4 39.4
US
Invitation Homes Inc
NYSE:INVH
20.3B USD 7.7 42.6 19.3 38.1
US
American Campus Communities Inc
F:FGA
17.8B EUR 20.5 354.2 50.2 123.6
US
Mid-America Apartment Communities Inc
NYSE:MAA
18.1B USD 8.2 32.1 18.5 35.4
US
Sun Communities Inc
NYSE:SUI
15.2B USD 5 206.3 41.7 41.7
US
American Homes 4 Rent
NYSE:AMH
13.9B USD 6.4 27.5 18.6 35.7
US
UDR Inc
NYSE:UDR
13.3B USD 7.9 112.2 19.3 64.9
US
Camden Property Trust
NYSE:CPT
12.5B USD 8 105.5 18.3 54.3
US
Equity LifeStyle Properties Inc
NYSE:ELS
12.1B USD 8 33.1 21.4 30.3