Empire State Realty Stock Piotroski F Score

ESBA Stock  USD 10.88  0.23  2.07%   
This module uses fundamental data of Empire State to approximate its Piotroski F score. Empire State F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Empire State Realty. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Empire State financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Empire State Altman Z Score, Empire State Correlation, Empire State Valuation, as well as analyze Empire State Alpha and Beta and Empire State Hype Analysis.
  
At present, Empire State's Short Term Debt is projected to increase significantly based on the last few years of reporting. The current year's Net Debt To EBITDA is expected to grow to 6.28, whereas Short and Long Term Debt Total is forecasted to decline to about 1.8 B. At present, Empire State's Price To Sales Ratio is projected to slightly decrease based on the last few years of reporting. The current year's PTB Ratio is expected to grow to 1.66, whereas Dividend Yield is forecasted to decline to 0.02.
At this time, it appears that Empire State's Piotroski F Score is Strong. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
8.0
Piotroski F Score - Strong
Current Return On Assets

Positive

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

Increase

Focus

Empire State Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Empire State is to make sure Empire is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Empire State's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Empire State's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.220.1753
Significantly Up
Slightly volatile
Gross Profit Margin0.640.5416
Fairly Up
Slightly volatile
Net Debt1.5 B1.9 B
Significantly Down
Slightly volatile
Total Current Liabilities143.6 M170 M
Fairly Down
Slightly volatile
Non Current Liabilities Total1.9 B2.3 B
Significantly Down
Slightly volatile
Total Assets3.4 B4.2 B
Significantly Down
Slightly volatile
Total Current Assets581.6 M702.4 M
Significantly Down
Slightly volatile

Empire State Realty F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Empire State's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Empire State in a much-optimized way.

About Empire State Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Book Value Per Share

6.74

At present, Empire State's Book Value Per Share is projected to increase based on the last few years of reporting.

Empire State ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Empire State's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Empire State's managers, analysts, and investors.
Environmental
Governance
Social

About Empire State Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Empire State Realty's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Empire State using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Empire State Realty based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Empire State Realty is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Empire Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Empire State Realty Stock. Highlighted below are key reports to facilitate an investment decision about Empire State Realty Stock:
Check out Empire State Altman Z Score, Empire State Correlation, Empire State Valuation, as well as analyze Empire State Alpha and Beta and Empire State Hype Analysis.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Diversified REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Empire State. If investors know Empire will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Empire State listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.143
Dividend Share
0.14
Earnings Share
0.27
Revenue Per Share
3.092
Quarterly Revenue Growth
0.017
The market value of Empire State Realty is measured differently than its book value, which is the value of Empire that is recorded on the company's balance sheet. Investors also form their own opinion of Empire State's value that differs from its market value or its book value, called intrinsic value, which is Empire State's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Empire State's market value can be influenced by many factors that don't directly affect Empire State's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Empire State's value and its price as these two are different measures arrived at by different means. Investors typically determine if Empire State is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Empire State's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.