Essex Property EBITDA vs. Current Valuation
| ESS Stock | USD 298.04 0.41 0.14% |
EBITDA | First Reported 2010-12-31 | Previous Quarter 1.5 B | Current Value 1.6 B | Quarterly Volatility 431.2 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Gross Profit Margin | 0.77 | 0.6737 |
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| Net Profit Margin | 0.18 | 0.2431 |
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| Operating Profit Margin | 0.47 | 0.35 |
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| Pretax Profit Margin | 0.31 | 0.258 |
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| Return On Assets | 0.023 | 0.0328 |
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| Return On Equity | 0.081 | 0.0748 |
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For Essex Property profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Essex Property to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Essex Property Trust utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Essex Property's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Essex Property Trust over time as well as its relative position and ranking within its peers.
Essex |
Essex Property's Revenue Breakdown by Earning Segment
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Is Multi-Family Residential 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 Essex Property. If investors know Essex 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 Essex Property 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 0.353 | Dividend Share 9.66 | Earnings Share 8.55 | Revenue Per Share 27.293 | Quarterly Revenue Growth 0.076 |
The market value of Essex Property Trust is measured differently than its book value, which is the value of Essex that is recorded on the company's balance sheet. Investors also form their own opinion of Essex Property's value that differs from its market value or its book value, called intrinsic value, which is Essex Property'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 Essex Property's market value can be influenced by many factors that don't directly affect Essex Property'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 Essex Property's value and its price as these two are different measures arrived at by different means. Investors typically determine if Essex Property is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Essex Property'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.
Essex Property Trust Current Valuation vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Essex Property's current stock value. Our valuation model uses many indicators to compare Essex Property value to that of its competitors to determine the firm's financial worth. Essex Property Trust is rated # 2 in ebitda category among its peers. It is rated # 3 in current valuation category among its peers reporting about 17.03 of Current Valuation per EBITDA. At this time, Essex Property's EBITDA is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Essex Property by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Essex Current Valuation vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Essex Property |
| = | 1.49 B |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Essex Property |
| = | 25.4 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Essex Current Valuation vs Competition
Essex Property Trust is rated # 3 in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Real Estate industry is currently estimated at about 165.22 Billion. Essex Property retains roughly 25.4 Billion in current valuation claiming about 15% of equities listed under Real Estate industry.
Essex Property Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Essex Property, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Essex Property will eventually generate negative long term returns. The profitability progress is the general direction of Essex Property's change in net profit over the period of time. It can combine multiple indicators of Essex Property, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 33.6 M | 35.2 M | |
| Operating Income | 584.3 M | 613.6 M | |
| Net Income | 405.8 M | 426.1 M | |
| Income Tax Expense | -299.7 M | -284.7 M | |
| Income Before Tax | 430.7 M | 216.5 M | |
| Total Other Income Expense Net | -153.6 M | -146 M | |
| Net Income Applicable To Common Shares | 469.6 M | 493 M | |
| Net Income From Continuing Ops | 554.6 M | 355.1 M | |
| Non Operating Income Net Other | 17.1 M | 16.3 M | |
| Interest Income | 46.3 M | 70.2 M | |
| Net Interest Income | -168.5 M | -176.9 M | |
| Change To Netincome | 45.3 M | 47.5 M | |
| Net Income Per Share | 6.32 | 6.63 | |
| Income Quality | 2.41 | 1.76 | |
| Net Income Per E B T | 0.94 | 0.78 |
Essex Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Essex Property. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Essex Property position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Essex Property's important profitability drivers and their relationship over time.
Use Essex Property in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Essex Property position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Essex Property will appreciate offsetting losses from the drop in the long position's value.Essex Property Pair Trading
Essex Property Trust Pair Trading Analysis
The ability to find closely correlated positions to Essex Property could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Essex Property when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Essex Property - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Essex Property Trust to buy it.
The correlation of Essex Property is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Essex Property moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Essex Property Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Essex Property can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Essex Property position
In addition to having Essex Property in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Companies producing and distributing toys and different gaming products for kids. The Toys theme has 45 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Toys Theme or any other thematic opportunities.
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Additional Tools for Essex Stock Analysis
When running Essex Property's price analysis, check to measure Essex Property's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Essex Property is operating at the current time. Most of Essex Property's value examination focuses on studying past and present price action to predict the probability of Essex Property's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Essex Property's price. Additionally, you may evaluate how the addition of Essex Property to your portfolios can decrease your overall portfolio volatility.