Essex Property Trust, Inc. Logo

Essex Property Trust, Inc.

ESS

(1.5)
Stock Price

312,42 USD

3.46% ROA

5.65% ROE

37.09x PER

Market Cap.

16.044.866.308,00 USD

113.36% DER

3.7% Yield

18.74% NPM

Essex Property Trust, Inc. Stock Analysis

Essex Property Trust, Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Essex Property Trust, Inc. Fundamental Stock Analysis
# Analysis Rating
1 Dividend

Investors can trust the company's impressive dividend track record, consistently distributing dividends over the past five years, showcasing a strong commitment to rewarding shareholders.

2 ROE

The stock's ROE falls within an average range (7.71%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

3 ROA

The stock's ROA (3.46%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

4 PBV

The stock's PBV ratio (2.45x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

5 Buffet Intrinsic Value

The company's stock presents an enticing opportunity as it appears undervalued (597) by Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

6 DER

The company has a high debt to equity ratio (113%), which means it owes a lot of money compared to what it actually owns, making it financially risky.

7 Revenue Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

8 Net Profit Growth

This company's net profit has remained flat over the past five years, suggesting a lack of growth and making it a less attractive investment opportunity.

9 Assets Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

10 Graham Number

The company's Graham number suggests that its stock price is overestimated, implying that it may not be a promising investment opportunity.

11 Dividend Growth

Investors should note the company's stagnant dividend growth over the past three years, indicating limited profitability and potentially diminishing returns.

Essex Property Trust, Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Essex Property Trust, Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Essex Property Trust, Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Essex Property Trust, Inc. Revenue
Year Revenue Growth
1994 20.400.000
1995 49.900.000 59.12%
1996 50.693.000 1.56%
1997 84.569.000 40.06%
1998 125.259.000 32.48%
1999 146.045.000 14.23%
2000 178.740.000 18.29%
2001 205.634.000 13.08%
2002 200.122.000 -2.75%
2003 234.450.000 14.64%
2004 283.483.000 17.3%
2005 327.291.000 13.39%
2006 348.074.000 5.97%
2007 388.523.000 10.41%
2008 412.895.000 5.9%
2009 411.389.000 -0.37%
2010 415.732.000 1.04%
2011 472.493.000 12.01%
2012 543.425.000 13.05%
2013 613.703.000 11.45%
2014 969.305.000 36.69%
2015 1.194.407.000 18.85%
2016 1.294.001.000 7.7%
2017 1.363.899.000 5.12%
2018 1.400.053.000 2.58%
2019 1.460.155.000 4.12%
2020 1.495.748.000 2.38%
2021 1.440.556.000 -3.83%
2022 1.606.814.000 10.35%
2023 1.676.732.000 4.17%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Essex Property Trust, Inc. Research and Development Expenses
Year Research and Development Expenses Growth
1994 0
1995 0 0%
1996 0 0%
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Essex Property Trust, Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
1994 500.000
1995 1.500.000 66.67%
1996 4.628.000 67.59%
1997 7.927.000 41.62%
1998 12.993.000 38.99%
1999 14.845.000 12.48%
2000 19.757.000 24.86%
2001 4.628.000 -326.9%
2002 21.254.000 78.23%
2003 27.063.000 21.46%
2004 47.275.000 42.75%
2005 19.148.000 -146.89%
2006 22.235.000 13.88%
2007 26.273.000 15.37%
2008 26.273.000 0%
2009 26.984.000 2.63%
2010 25.962.000 -3.94%
2011 20.694.000 -25.46%
2012 23.307.000 11.21%
2013 25.601.000 8.96%
2014 40.878.000 37.37%
2015 40.090.000 -1.97%
2016 40.751.000 1.62%
2017 41.385.000 1.53%
2018 53.451.000 22.57%
2019 54.262.000 1.49%
2020 65.388.000 17.02%
2021 51.838.000 -26.14%
2022 56.577.000 8.38%
2023 58.444.000 3.19%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Essex Property Trust, Inc. EBITDA
Year EBITDA Growth
1994 36.400.000
1995 82.300.000 55.77%
1996 32.790.000 -150.99%
1997 50.569.000 35.16%
1998 81.904.000 38.26%
1999 99.510.000 17.69%
2000 121.327.000 17.98%
2001 140.768.000 13.81%
2002 140.966.000 0.14%
2003 152.299.000 7.44%
2004 167.006.000 8.81%
2005 191.136.000 12.62%
2006 127.358.000 -50.08%
2007 219.645.000 42.02%
2008 233.142.000 5.79%
2009 252.273.000 7.58%
2010 234.085.000 -7.77%
2011 305.741.000 23.44%
2012 417.042.000 26.69%
2013 452.907.000 7.92%
2014 668.332.000 32.23%
2015 865.827.000 22.81%
2016 940.326.000 7.92%
2017 1.116.662.000 15.79%
2018 1.047.462.000 -6.61%
2019 1.157.972.000 9.54%
2020 1.297.592.000 10.76%
2021 1.119.996.000 -15.86%
2022 1.106.217.000 -1.25%
2023 1.076.564.000 -2.75%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Essex Property Trust, Inc. Gross Profit
Year Gross Profit Growth
1994 20.400.000
1995 49.900.000 59.12%
1996 50.693.000 1.56%
1997 84.569.000 40.06%
1998 125.259.000 32.48%
1999 146.045.000 14.23%
2000 178.740.000 18.29%
2001 205.634.000 13.08%
2002 200.122.000 -2.75%
2003 234.450.000 14.64%
2004 275.574.000 14.92%
2005 327.291.000 15.8%
2006 348.074.000 5.97%
2007 388.523.000 10.41%
2008 312.426.000 -24.36%
2009 271.678.000 -15%
2010 270.226.000 -0.54%
2011 308.649.000 12.45%
2012 362.824.000 14.93%
2013 411.010.000 11.72%
2014 658.392.000 37.57%
2015 830.899.000 20.76%
2016 905.074.000 8.2%
2017 958.357.000 5.56%
2018 983.657.000 2.57%
2019 1.029.561.000 4.46%
2020 1.020.775.000 -0.86%
2021 959.109.000 -6.43%
2022 1.098.841.000 12.72%
2023 1.181.148.000 6.97%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Essex Property Trust, Inc. Net Profit
Year Net Profit Growth
1994 3.300.000
1995 10.800.000 69.44%
1996 8.881.000 -21.61%
1997 29.316.000 69.71%
1998 26.328.000 -11.35%
1999 43.564.000 39.56%
2000 44.353.000 1.78%
2001 48.545.000 8.64%
2002 52.874.000 8.19%
2003 37.947.000 -39.34%
2004 79.693.000 52.38%
2005 79.716.000 0.03%
2006 62.748.000 -27.04%
2007 115.638.000 45.74%
2008 65.354.000 -76.94%
2009 37.108.000 -76.12%
2010 35.934.000 -3.27%
2011 47.070.000 23.66%
2012 125.284.000 62.43%
2013 156.283.000 19.84%
2014 122.150.000 -27.94%
2015 232.120.000 47.38%
2016 414.979.000 44.06%
2017 433.059.000 4.17%
2018 390.153.000 -11%
2019 439.286.000 11.18%
2020 568.870.000 22.78%
2021 488.554.000 -16.44%
2022 408.315.000 -19.65%
2023 -22.908.000 1882.41%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Essex Property Trust, Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1994 1
1995 2 100%
1996 1 0%
1997 2 0%
1998 1 0%
1999 2 50%
2000 2 0%
2001 3 0%
2002 3 0%
2003 2 -100%
2004 3 66.67%
2005 3 0%
2006 3 -50%
2007 4 50%
2008 2 -100%
2009 3 33.33%
2010 1 -200%
2011 1 0%
2012 3 66.67%
2013 4 25%
2014 2 -100%
2015 4 33.33%
2016 6 50%
2017 7 0%
2018 6 -20%
2019 7 16.67%
2020 9 25%
2021 8 -14.29%
2022 6 -16.67%
2023 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Essex Property Trust, Inc. Free Cashflow
Year Free Cashflow Growth
1994 12.100.000
1995 7.100.000 -70.42%
1996 -81.294.000 108.73%
1997 -228.410.000 64.41%
1998 -137.241.000 -66.43%
1999 -79.347.000 -72.96%
2000 -25.377.000 -212.67%
2001 23.734.000 206.92%
2002 -88.493.000 126.82%
2003 -13.981.000 -532.95%
2004 -114.218.000 87.76%
2005 -111.038.000 -2.86%
2006 -379.787.000 70.76%
2007 -365.829.000 -3.82%
2008 -118.149.000 -209.63%
2009 -18.856.000 -526.59%
2010 -310.690.000 93.93%
2011 182.865.000 269.9%
2012 229.388.000 20.28%
2013 264.049.000 13.13%
2014 414.119.000 36.24%
2015 560.133.000 26.07%
2016 652.510.000 14.16%
2017 695.165.000 6.14%
2018 744.870.000 6.67%
2019 817.390.000 8.87%
2020 713.023.000 -14.64%
2021 784.064.000 9.06%
2022 812.456.000 3.49%
2023 249.784.000 -225.26%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Essex Property Trust, Inc. Operating Cashflow
Year Operating Cashflow Growth
1994 12.100.000
1995 16.600.000 27.11%
1996 20.135.000 17.56%
1997 46.898.000 57.07%
1998 59.034.000 20.56%
1999 83.566.000 29.36%
2000 92.164.000 9.33%
2001 98.871.000 6.78%
2002 85.730.000 -15.33%
2003 103.320.000 17.02%
2004 121.738.000 15.13%
2005 124.609.000 2.3%
2006 159.935.000 22.09%
2007 190.877.000 16.21%
2008 181.241.000 -5.32%
2009 173.587.000 -4.41%
2010 175.530.000 1.11%
2011 216.571.000 18.95%
2012 267.499.000 19.04%
2013 304.982.000 12.29%
2014 492.983.000 38.14%
2015 617.410.000 20.15%
2016 712.523.000 13.35%
2017 766.151.000 7%
2018 826.554.000 7.31%
2019 919.079.000 10.07%
2020 803.108.000 -14.44%
2021 905.259.000 11.28%
2022 975.649.000 7.21%
2023 288.063.000 -238.69%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Essex Property Trust, Inc. Capital Expenditure
Year Capital Expenditure Growth
1994 0
1995 9.500.000 100%
1996 101.429.000 90.63%
1997 275.308.000 63.16%
1998 196.275.000 -40.27%
1999 162.913.000 -20.48%
2000 117.541.000 -38.6%
2001 75.137.000 -56.44%
2002 174.223.000 56.87%
2003 117.301.000 -48.53%
2004 235.956.000 50.29%
2005 235.647.000 -0.13%
2006 539.722.000 56.34%
2007 556.706.000 3.05%
2008 299.390.000 -85.95%
2009 192.443.000 -55.57%
2010 486.220.000 60.42%
2011 33.706.000 -1342.53%
2012 38.111.000 11.56%
2013 40.933.000 6.89%
2014 78.864.000 48.1%
2015 57.277.000 -37.69%
2016 60.013.000 4.56%
2017 70.986.000 15.46%
2018 81.684.000 13.1%
2019 101.689.000 19.67%
2020 90.085.000 -12.88%
2021 121.195.000 25.67%
2022 163.193.000 25.74%
2023 38.279.000 -326.33%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Essex Property Trust, Inc. Equity
Year Equity Growth
1994 84.700.000
1995 84.700.000 0%
1996 248.088.000 65.86%
1997 427.504.000 41.97%
1998 520.232.000 17.82%
1999 625.982.000 16.89%
2000 629.805.000 0.61%
2001 638.079.000 1.3%
2002 491.314.000 -29.87%
2003 589.701.000 16.68%
2004 591.277.000 0.27%
2005 580.967.000 -1.77%
2006 612.209.000 5.1%
2007 790.318.000 22.54%
2008 844.918.000 6.46%
2009 1.053.096.000 19.77%
2010 1.149.946.000 8.42%
2011 1.437.527.000 20.01%
2012 1.769.153.000 18.74%
2013 1.888.968.000 6.34%
2014 6.022.672.000 68.64%
2015 6.237.733.000 3.45%
2016 6.192.178.000 -0.74%
2017 6.277.406.000 1.36%
2018 6.429.319.000 2.36%
2019 6.440.914.000 0.18%
2020 6.215.431.000 -3.63%
2021 6.211.174.000 -0.07%
2022 5.922.266.000 -4.88%
2023 5.736.407.000 -3.24%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Essex Property Trust, Inc. Assets
Year Assets Growth
1994 269.100.000
1995 273.700.000 1.68%
1996 417.174.000 34.39%
1997 738.835.000 43.54%
1998 931.796.000 20.71%
1999 1.062.313.000 12.29%
2000 1.281.849.000 17.13%
2001 1.329.458.000 3.58%
2002 1.619.734.000 17.92%
2003 1.728.564.000 6.3%
2004 2.217.217.000 22.04%
2005 2.239.290.000 0.99%
2006 2.485.840.000 9.92%
2007 2.980.323.000 16.59%
2008 3.164.823.000 5.83%
2009 3.254.637.000 2.76%
2010 3.732.887.000 12.81%
2011 4.036.964.000 7.53%
2012 4.847.223.000 16.72%
2013 5.186.839.000 6.55%
2014 11.562.874.000 55.14%
2015 12.005.091.000 3.68%
2016 12.217.408.000 1.74%
2017 12.495.706.000 2.23%
2018 12.383.596.000 -0.91%
2019 12.705.405.000 2.53%
2020 12.936.177.000 1.78%
2021 12.997.873.000 0.47%
2022 12.372.905.000 -5.05%
2023 12.497.647.000 1%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Essex Property Trust, Inc. Liabilities
Year Liabilities Growth
1994 157.900.000
1995 162.600.000 2.89%
1996 169.086.000 3.84%
1997 311.331.000 45.69%
1998 411.564.000 24.35%
1999 436.331.000 5.68%
2000 652.044.000 33.08%
2001 691.379.000 5.69%
2002 865.890.000 20.15%
2003 895.064.000 3.26%
2004 1.385.810.000 35.41%
2005 1.425.109.000 2.76%
2006 1.637.511.000 12.97%
2007 1.908.045.000 14.18%
2008 2.085.084.000 8.49%
2009 1.981.096.000 -5.25%
2010 2.377.873.000 16.69%
2011 2.483.236.000 4.24%
2012 2.962.758.000 16.18%
2013 3.184.252.000 6.96%
2014 5.403.550.000 41.07%
2015 5.622.616.000 3.9%
2016 5.880.487.000 4.39%
2017 6.059.675.000 2.96%
2018 5.954.277.000 -1.77%
2019 6.264.491.000 4.95%
2020 6.720.746.000 6.79%
2021 6.786.699.000 0.97%
2022 6.450.639.000 -5.21%
2023 6.761.240.000 4.59%

Essex Property Trust, Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
25.91
Net Income per Share
6.74
Price to Earning Ratio
37.09x
Price To Sales Ratio
9.65x
POCF Ratio
17.01
PFCF Ratio
20.24
Price to Book Ratio
2.9
EV to Sales
13.18
EV Over EBITDA
19.63
EV to Operating CashFlow
23.23
EV to FreeCashFlow
27.64
Earnings Yield
0.03
FreeCashFlow Yield
0.05
Market Cap
16,04 Bil.
Enterprise Value
21,92 Bil.
Graham Number
114.32
Graham NetNet
-95.77

Income Statement Metrics

Net Income per Share
6.74
Income Quality
1.7
ROE
0.08
Return On Assets
0.03
Return On Capital Employed
0.05
Net Income per EBT
0.94
EBT Per Ebit
0.61
Ebit per Revenue
0.33
Effective Tax Rate
0.02

Margins

Sales, General, & Administrative to Revenue
0.04
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.61
Operating Profit Margin
0.33
Pretax Profit Margin
0.2
Net Profit Margin
0.19

Dividends

Dividend Yield
0.04
Dividend Yield %
3.7
Payout Ratio
1.34
Dividend Per Share
9.24

Operating Metrics

Operating Cashflow per Share
14.7
Free CashFlow per Share
12.35
Capex to Operating CashFlow
-0.16
Capex to Revenue
-0.09
Capex to Depreciation
-0.28
Return on Invested Capital
0.05
Return on Tangible Assets
0.03
Days Sales Outstanding
36.13
Days Payables Outstanding
152.76
Days of Inventory on Hand
0
Receivables Turnover
10.1
Payables Turnover
2.39
Inventory Turnover
0
Capex per Share
-2.34

Balance Sheet

Cash per Share
7,64
Book Value per Share
86,18
Tangible Book Value per Share
89.37
Shareholders Equity per Share
86.18
Interest Debt per Share
99.26
Debt to Equity
1.13
Debt to Assets
0.5
Net Debt to EBITDA
5.26
Current Ratio
3.04
Tangible Asset Value
5,74 Bil.
Net Current Asset Value
-6,11 Bil.
Invested Capital
1.13
Working Capital
0,44 Bil.
Intangibles to Total Assets
0
Average Receivables
0,16 Bil.
Average Payables
0,19 Bil.
Average Inventory
0
Debt to Market Cap
0.39

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Essex Property Trust, Inc. Dividends
Year Dividends Growth
1995 1
1996 2 100%
1997 2 0%
1998 2 0%
1999 2 50%
2000 2 0%
2001 3 0%
2002 3 33.33%
2003 3 0%
2004 3 0%
2005 3 0%
2006 3 0%
2007 4 0%
2008 4 25%
2009 4 0%
2010 4 0%
2011 4 0%
2012 4 0%
2013 5 0%
2014 5 20%
2015 6 0%
2016 6 16.67%
2017 7 14.29%
2018 7 0%
2019 8 0%
2020 8 12.5%
2021 8 0%
2022 9 0%
2023 7 -33.33%

Essex Property Trust, Inc. Profile

About Essex Property Trust, Inc.

Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 246 apartment communities comprising approximately 60,000 apartment homes with an additional 6 properties in various stages of active development.

CEO
Ms. Angela L. Kleiman
Employee
1.747
Address
1100 Park Place
San Mateo, 94403

Essex Property Trust, Inc. Executives & BODs

Essex Property Trust, Inc. Executives & BODs
# Name Age
1 Ms. Angela L. Kleiman
President, Chief Executive Officer & Director
70
2 Sudarshana Rangachary
Senior Vice President of Human Resources
70
3 Ms. Anne M. Morrison
Executive Vice President, Chief Administrative Officer, General Counsel & Secretary
70
4 Mr. Paul Burton Morgan
Senior Vice President of Portfolio Strategy & Analytics
70
5 Mr. John Farias
Senior Vice President & Chief Accounting Officer
70
6 Jessica Anderson
Senior Vice President of Operations
70
7 Mr. Rylan K. Burns
Executive Vice President & Chief Investment Officer
70
8 Dmitry Taraschansky
Senior Vice President of Acquisitions & Investments
70
9 Ms. Barbara M. Pak CFA
Executive Vice President & Chief Financial Officer
70

Essex Property Trust, Inc. Competitors