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Company Analysis

Empire State Realty OP, L.P. Se ESBA

A comprehensive view of key metrics, scores, and financial health for Empire State Realty OP, L.P. Se

Overview of Empire State Realty OP, L.P.

ESBA PCX
Real Estate REIT - Office Small Cap
Empire State Realty OP, L.P. (ESBA), is a Small Cap company, in the REIT - Office industry, last closed at $5.05, about 36.6% overvalued vs fair value, -37.0% 1Y return, ranked 203/330 in sector.
$5.05
0.20%
As of March 13, 2026
Previous close • Vol 90d: 54.8%
52-Week Range
Market Cap
$1.39B
Enterprise Value
$3.73B
Overall Score
Scores locked

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Top Beats
No strong beats yet

Quick Facts

HQ New York, NY
Employees 667
Fiscal year Dec 31

Next Events

No upcoming events available.

Fair Value Snapshot

Bear Base Bull
$3
$3
$4
Current: $5.05 -37% vs base

Engine Room Money Flow™

Small Cap

Real Estate Investment Trust - Where revenue goes and how value is created

Flow Steps
Total Revenue
$768.3M
0%%
Net Operating Income
$135.6M
-14.5%%
Net Income
$76.2M
-40.8%%
FFO (Funds From Operations)
$253.3M
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Real Estate Investment Trust

Quality & Reliability Indicators

FFO Payout Ratio
14.4%
Excellent

Dividends / FFO - basic dividend safety

Locked Metric
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Owner's Pocket - Capital Allocation

Total Returned to Shareholders

Combined dividends, buybacks, and debt reduction

$38.3M
18.2% of AFFO

Where It Leaks

Cash Flow Health significant issues
Overall assessment of cash flow efficiency and conversion quality.
3
Active Leaks
1/3
Improving
1
High Impact
0
Critical
Locked Leak
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Locked Leak
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Moat Analysis REIT Specialized

Competitive Advantage Assessment

Evaluating Empire State Realty OP, L.P. Se's durable competitive advantages across 6 defense dimensions

Overall Moat Strength
58
/100
Moderate
Scores based on quantitative metrics and qualitative factors

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Rent Pricing Power

Moderate
58
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For informational purposes only. Not investment advice.

Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

Equity REITs vs Industry Peers 89% Coverage
Trade-Off Triangle Visualization A ternary plot showing ESBA's balance between Growth (36.2%), Profitability (32.8%), and Safety (31.0%). Growth 36% Safety 31% Profitability 33%

Click axes to expand details. Marker shows current allocation.

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Growth

62th percentile vs peers
63
Key Signals
Rev Growth YoY 0.1% 55p Revenue CAGR 3Y 1.9% 65p FFO/Share 10.60 90p AFFO/Share 9.01 90p FFO Growth YoY -3.0% 46p
Strengths
  • Growth above peer median with strong metric coverage (85%)
  • Ffo/Share in top 20% of peers (10.60, 90th percentile)
  • Affo/Share in top 20% of peers (9.01, 90th percentile)
Risks

No significant risks identified for this axis.

Profitability

56th percentile vs peers
57
Key Signals
Strengths
Risks
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Safety

53th percentile vs peers
54
Key Signals
Strengths
Safety drilldowns are available to premium members.

Two Futures

Scenario-based fair value ranges for Empire State Realty OP, L.P. Se.

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Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

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Bear
-
- - -
- upside
-
Base
$3.20
- - -
-36.6% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
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