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Also traded in: Germany, USA

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry
vs
history
Cash to Debt 0.03
ESS's Cash to Debt is ranked lower than
63% of the 598 Companies
in the Global REIT - Residential industry.

( Industry Median: 0.06 vs. ESS: 0.03 )
Ranked among companies with meaningful Cash to Debt only.
ESS' s Cash to Debt Range Over the Past 10 Years
Min: 0  Med: 0.03 Max: N/A
Current: 0.03
Equity to Asset 0.52
ESS's Equity to Asset is ranked higher than
61% of the 631 Companies
in the Global REIT - Residential industry.

( Industry Median: 0.48 vs. ESS: 0.52 )
Ranked among companies with meaningful Equity to Asset only.
ESS' s Equity to Asset Range Over the Past 10 Years
Min: 0.25  Med: 0.31 Max: 0.59
Current: 0.52
0.25
0.59
Interest Coverage 1.54
ESS's Interest Coverage is ranked lower than
77% of the 520 Companies
in the Global REIT - Residential industry.

( Industry Median: 3.13 vs. ESS: 1.54 )
Ranked among companies with meaningful Interest Coverage only.
ESS' s Interest Coverage Range Over the Past 10 Years
Min: 0.5  Med: 1.33 Max: 1.67
Current: 1.54
0.5
1.67
F-Score: 6
Z-Score: 1.57
M-Score: -2.71
WACC vs ROIC
4.28%
2.69%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry
vs
history
Operating margin (%) 26.04
ESS's Operating margin (%) is ranked lower than
67% of the 636 Companies
in the Global REIT - Residential industry.

( Industry Median: 44.56 vs. ESS: 26.04 )
Ranked among companies with meaningful Operating margin (%) only.
ESS' s Operating margin (%) Range Over the Past 10 Years
Min: 11.82  Med: 27.17 Max: 33.78
Current: 26.04
11.82
33.78
Net-margin (%) 16.59
ESS's Net-margin (%) is ranked lower than
67% of the 637 Companies
in the Global REIT - Residential industry.

( Industry Median: 35.08 vs. ESS: 16.59 )
Ranked among companies with meaningful Net-margin (%) only.
ESS' s Net-margin (%) Range Over the Past 10 Years
Min: 8.69  Med: 16.84 Max: 30.51
Current: 16.59
8.69
30.51
ROE (%) 3.06
ESS's ROE (%) is ranked lower than
72% of the 641 Companies
in the Global REIT - Residential industry.

( Industry Median: 6.65 vs. ESS: 3.06 )
Ranked among companies with meaningful ROE (%) only.
ESS' s ROE (%) Range Over the Past 10 Years
Min: 2.96  Med: 7.87 Max: 15.18
Current: 3.06
2.96
15.18
ROA (%) 1.62
ESS's ROA (%) is ranked lower than
68% of the 646 Companies
in the Global REIT - Residential industry.

( Industry Median: 3.07 vs. ESS: 1.62 )
Ranked among companies with meaningful ROA (%) only.
ESS' s ROA (%) Range Over the Past 10 Years
Min: 1.03  Med: 2.34 Max: 4.23
Current: 1.62
1.03
4.23
ROC (Joel Greenblatt) (%) 3.86
ESS's ROC (Joel Greenblatt) (%) is ranked lower than
73% of the 531 Companies
in the Global REIT - Residential industry.

( Industry Median: 9.30 vs. ESS: 3.86 )
Ranked among companies with meaningful ROC (Joel Greenblatt) (%) only.
ESS' s ROC (Joel Greenblatt) (%) Range Over the Past 10 Years
Min: 1.75  Med: 4.60 Max: 6.18
Current: 3.86
1.75
6.18
Revenue Growth (3Y)(%) 5.70
ESS's Revenue Growth (3Y)(%) is ranked higher than
69% of the 429 Companies
in the Global REIT - Residential industry.

( Industry Median: 1.40 vs. ESS: 5.70 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
ESS' s Revenue Growth (3Y)(%) Range Over the Past 10 Years
Min: -3.5  Med: 6.00 Max: 21.9
Current: 5.7
-3.5
21.9
EBITDA Growth (3Y)(%) 7.60
ESS's EBITDA Growth (3Y)(%) is ranked higher than
57% of the 382 Companies
in the Global REIT - Residential industry.

( Industry Median: 4.80 vs. ESS: 7.60 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
ESS' s EBITDA Growth (3Y)(%) Range Over the Past 10 Years
Min: -20.1  Med: 7.05 Max: 30
Current: 7.6
-20.1
30
EPS Growth (3Y)(%) 27.70
ESS's EPS Growth (3Y)(%) is ranked higher than
72% of the 322 Companies
in the Global REIT - Residential industry.

( Industry Median: 4.70 vs. ESS: 27.70 )
Ranked among companies with meaningful EPS Growth (3Y)(%) only.
ESS' s EPS Growth (3Y)(%) Range Over the Past 10 Years
Min: -24.4  Med: 2.70 Max: 43.1
Current: 27.7
-24.4
43.1
» ESS's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q1 2015

ESS Guru Trades in Q1 2015

Jim Simons 289,000 sh (+33.18%)
Chris Davis 99,606 sh (+14.53%)
Jeremy Grantham 17,500 sh (+6.06%)
Ken Fisher 34,273 sh (+4.24%)
Chuck Royce 8,000 sh (unchged)
Manning & Napier Advisors, Inc 34,828 sh (-7.95%)
» More
Q2 2015

ESS Guru Trades in Q2 2015

Ken Heebner 260,000 sh (New)
Jim Simons 306,626 sh (+6.10%)
Ken Fisher 35,723 sh (+4.23%)
Chuck Royce Sold Out
Manning & Napier Advisors, Inc Sold Out
Jeremy Grantham 14,700 sh (-16.00%)
Chris Davis 69,624 sh (-30.10%)
» More
Q3 2015

ESS Guru Trades in Q3 2015

Paul Tudor Jones 1,062 sh (New)
George Soros 14,160 sh (New)
Jim Simons 354,300 sh (+15.55%)
Ken Heebner Sold Out
Ken Fisher 33,645 sh (-5.82%)
Chris Davis 54,659 sh (-21.49%)
Jeremy Grantham 4,600 sh (-68.71%)
» More
Q4 2015

ESS Guru Trades in Q4 2015

Ken Fisher 32,905 sh (-2.20%)
» More
» Details

Insider Trades

Latest Guru Trades with ESS

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

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» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Preferred stocks of Essex Property Trust Inc

SymbolPriceYieldDescription
ESSFO29.334.16
ESSPRH25.506.99Essex Property Tr --- 7 1/8 % Cum Red Pfd Shs Series -H-

Ratios

vs
industry
vs
history
P/E(ttm) 68.96
ESS's P/E(ttm) is ranked lower than
94% of the 493 Companies
in the Global REIT - Residential industry.

( Industry Median: 16.00 vs. ESS: 68.96 )
Ranked among companies with meaningful P/E(ttm) only.
ESS' s P/E(ttm) Range Over the Past 10 Years
Min: 14.15  Med: 47.50 Max: 150.25
Current: 68.96
14.15
150.25
Forward P/E 65.36
ESS's Forward P/E is ranked lower than
94% of the 333 Companies
in the Global REIT - Residential industry.

( Industry Median: 17.27 vs. ESS: 65.36 )
Ranked among companies with meaningful Forward P/E only.
N/A
PE(NRI) 68.96
ESS's PE(NRI) is ranked lower than
93% of the 487 Companies
in the Global REIT - Residential industry.

( Industry Median: 16.30 vs. ESS: 68.96 )
Ranked among companies with meaningful PE(NRI) only.
ESS' s PE(NRI) Range Over the Past 10 Years
Min: 17.99  Med: 74.70 Max: 186.35
Current: 68.96
17.99
186.35
P/B 2.12
ESS's P/B is ranked lower than
86% of the 629 Companies
in the Global REIT - Residential industry.

( Industry Median: 1.09 vs. ESS: 2.12 )
Ranked among companies with meaningful P/B only.
ESS' s P/B Range Over the Past 10 Years
Min: 1.68  Med: 3.27 Max: 5.8
Current: 2.12
1.68
5.8
P/S 11.12
ESS's P/S is ranked lower than
81% of the 631 Companies
in the Global REIT - Residential industry.

( Industry Median: 6.75 vs. ESS: 11.12 )
Ranked among companies with meaningful P/S only.
ESS' s P/S Range Over the Past 10 Years
Min: 3.38  Med: 8.74 Max: 13.94
Current: 11.12
3.38
13.94
POCF 20.77
ESS's POCF is ranked lower than
79% of the 529 Companies
in the Global REIT - Residential industry.

( Industry Median: 13.96 vs. ESS: 20.77 )
Ranked among companies with meaningful POCF only.
ESS' s POCF Range Over the Past 10 Years
Min: 7.62  Med: 19.02 Max: 27.09
Current: 20.77
7.62
27.09
EV-to-EBIT 45.98
ESS's EV-to-EBIT is ranked lower than
86% of the 545 Companies
in the Global REIT - Residential industry.

( Industry Median: 20.87 vs. ESS: 45.98 )
Ranked among companies with meaningful EV-to-EBIT only.
ESS' s EV-to-EBIT Range Over the Past 10 Years
Min: -3921.6  Med: 43.10 Max: 204.2
Current: 45.98
-3921.6
204.2
EV-to-EBITDA 21.90
ESS's EV-to-EBITDA is ranked lower than
74% of the 566 Companies
in the Global REIT - Residential industry.

( Industry Median: 16.02 vs. ESS: 21.90 )
Ranked among companies with meaningful EV-to-EBITDA only.
ESS' s EV-to-EBITDA Range Over the Past 10 Years
Min: 11.6  Med: 23.00 Max: 78.6
Current: 21.9
11.6
78.6
PEG 8.31
ESS's PEG is ranked lower than
84% of the 177 Companies
in the Global REIT - Residential industry.

( Industry Median: 1.56 vs. ESS: 8.31 )
Ranked among companies with meaningful PEG only.
ESS' s PEG Range Over the Past 10 Years
Min: 1.06  Med: 10.67 Max: 1134.92
Current: 8.31
1.06
1134.92
Shiller P/E 71.11
ESS's Shiller P/E is ranked lower than
91% of the 179 Companies
in the Global REIT - Residential industry.

( Industry Median: 20.38 vs. ESS: 71.11 )
Ranked among companies with meaningful Shiller P/E only.
ESS' s Shiller P/E Range Over the Past 10 Years
Min: 17.63  Med: 46.80 Max: 85.5
Current: 71.11
17.63
85.5
Current Ratio 0.91
ESS's Current Ratio is ranked higher than
51% of the 595 Companies
in the Global REIT - Residential industry.

( Industry Median: 0.89 vs. ESS: 0.91 )
Ranked among companies with meaningful Current Ratio only.
ESS' s Current Ratio Range Over the Past 10 Years
Min: 0.38  Med: 1.10 Max: 2.97
Current: 0.91
0.38
2.97
Quick Ratio 0.91
ESS's Quick Ratio is ranked higher than
54% of the 595 Companies
in the Global REIT - Residential industry.

( Industry Median: 0.82 vs. ESS: 0.91 )
Ranked among companies with meaningful Quick Ratio only.
ESS' s Quick Ratio Range Over the Past 10 Years
Min: 0.38  Med: 1.10 Max: 2.97
Current: 0.91
0.38
2.97
Days Sales Outstanding 7.12
ESS's Days Sales Outstanding is ranked higher than
77% of the 446 Companies
in the Global REIT - Residential industry.

( Industry Median: 18.78 vs. ESS: 7.12 )
Ranked among companies with meaningful Days Sales Outstanding only.
ESS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 9.38  Med: 42.57 Max: 51.27
Current: 7.12
9.38
51.27

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 2.87
ESS's Dividend Yield is ranked lower than
99.99% of the 822 Companies
in the Global REIT - Residential industry.

( Industry Median: 5.74 vs. ESS: 2.87 )
Ranked among companies with meaningful Dividend Yield only.
ESS' s Dividend Yield Range Over the Past 10 Years
Min: 2.22  Med: 3.09 Max: 7.5
Current: 2.87
2.22
7.5
Dividend Payout 1.94
ESS's Dividend Payout is ranked lower than
73% of the 676 Companies
in the Global REIT - Residential industry.

( Industry Median: 0.90 vs. ESS: 1.94 )
Ranked among companies with meaningful Dividend Payout only.
ESS' s Dividend Payout Range Over the Past 10 Years
Min: 0.46  Med: 1.55 Max: 65
Current: 1.94
0.46
65
Dividend Growth (3y) 7.10
ESS's Dividend Growth (3y) is ranked higher than
69% of the 333 Companies
in the Global REIT - Residential industry.

( Industry Median: 3.20 vs. ESS: 7.10 )
Ranked among companies with meaningful Dividend Growth (3y) only.
ESS' s Dividend Growth (3y) Range Over the Past 10 Years
Min: 0.6  Med: 6.30 Max: 12.8
Current: 7.1
0.6
12.8
Forward Dividend Yield 2.84
ESS's Forward Dividend Yield is ranked lower than
99.99% of the 822 Companies
in the Global REIT - Residential industry.

( Industry Median: 6.08 vs. ESS: 2.84 )
Ranked among companies with meaningful Forward Dividend Yield only.
N/A
Yield on cost (5-Year) 3.55
ESS's Yield on cost (5-Year) is ranked lower than
96% of the 823 Companies
in the Global REIT - Residential industry.

( Industry Median: 6.30 vs. ESS: 3.55 )
Ranked among companies with meaningful Yield on cost (5-Year) only.
ESS' s Yield on cost (5-Year) Range Over the Past 10 Years
Min: 2.79  Med: 3.89 Max: 9.44
Current: 3.55
2.79
9.44
3-Year Average Share Buyback Ratio -20.20
ESS's 3-Year Average Share Buyback Ratio is ranked lower than
80% of the 399 Companies
in the Global REIT - Residential industry.

( Industry Median: -7.10 vs. ESS: -20.20 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
ESS' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -36  Med: -6.00 Max: -0.4
Current: -20.2
-36
-0.4

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 2.15
ESS's Price/Tangible Book is ranked lower than
83% of the 624 Companies
in the Global REIT - Residential industry.

( Industry Median: 1.13 vs. ESS: 2.15 )
Ranked among companies with meaningful Price/Tangible Book only.
ESS' s Price/Tangible Book Range Over the Past 10 Years
Min: 1.12  Med: 2.60 Max: 5.22
Current: 2.15
1.12
5.22
Price/Projected FCF 4.37
ESS's Price/Projected FCF is ranked lower than
80% of the 249 Companies
in the Global REIT - Residential industry.

( Industry Median: 1.35 vs. ESS: 4.37 )
Ranked among companies with meaningful Price/Projected FCF only.
ESS' s Price/Projected FCF Range Over the Past 10 Years
Min: 2.64  Med: 4.25 Max: 52.45
Current: 4.37
2.64
52.45
Price/DCF (Earnings Based) 8.02
ESS's Price/DCF (Earnings Based) is ranked lower than
100% of the 17 Companies
in the Global REIT - Residential industry.

( Industry Median: 3.02 vs. ESS: 8.02 )
Ranked among companies with meaningful Price/DCF (Earnings Based) only.
N/A
Price/Median PS Value 1.29
ESS's Price/Median PS Value is ranked lower than
76% of the 551 Companies
in the Global REIT - Residential industry.

( Industry Median: 1.01 vs. ESS: 1.29 )
Ranked among companies with meaningful Price/Median PS Value only.
ESS' s Price/Median PS Value Range Over the Past 10 Years
Min: 0.34  Med: 0.71 Max: 1.53
Current: 1.29
0.34
1.53
Price/Peter Lynch Fair Value 8.25
ESS's Price/Peter Lynch Fair Value is ranked lower than
96% of the 165 Companies
in the Global REIT - Residential industry.

( Industry Median: 1.11 vs. ESS: 8.25 )
Ranked among companies with meaningful Price/Peter Lynch Fair Value only.
ESS' s Price/Peter Lynch Fair Value Range Over the Past 10 Years
Min: 0.8  Med: 6.30 Max: 26.08
Current: 8.25
0.8
26.08
Price/Graham Number 2.58
ESS's Price/Graham Number is ranked lower than
90% of the 484 Companies
in the Global REIT - Residential industry.

( Industry Median: 0.90 vs. ESS: 2.58 )
Ranked among companies with meaningful Price/Graham Number only.
ESS' s Price/Graham Number Range Over the Past 10 Years
Min: 0.95  Med: 2.19 Max: 5.25
Current: 2.58
0.95
5.25
Earnings Yield (Greenblatt) (%) 2.22
ESS's Earnings Yield (Greenblatt) (%) is ranked lower than
76% of the 611 Companies
in the Global REIT - Residential industry.

( Industry Median: 4.30 vs. ESS: 2.22 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
ESS' s Earnings Yield (Greenblatt) (%) Range Over the Past 10 Years
Min: 0.5  Med: 2.30 Max: 5.4
Current: 2.22
0.5
5.4
Forward Rate of Return (Yacktman) (%) 6.05
ESS's Forward Rate of Return (Yacktman) (%) is ranked higher than
59% of the 323 Companies
in the Global REIT - Residential industry.

( Industry Median: 2.97 vs. ESS: 6.05 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.
ESS' s Forward Rate of Return (Yacktman) (%) Range Over the Past 10 Years
Min: -6.5  Med: 4.70 Max: 16.9
Current: 6.05
-6.5
16.9

More Statistics

Revenue(Mil) $1161
EPS $ 2.90
Beta0.33
Short Percentage of Float2.03%
52-Week Range $197.37 - 244.71
Shares Outstanding(Mil)66.04

Analyst Estimate

Dec15 Dec16
Revenue(Mil) 1,018 1,107
EPS($) 2.10 3.10
EPS without NRI($) 2.10 3.10

Business Description

Industry: REITs » REIT - Residential
Compare:PPS, EQR, AVB, AGNC, AIV » details
Traded in other countries:EXP.Germany, ESSFO.USA,
Essex Property Trust Inc is a Maryland corporation founded in 1971. The Company completed an initial public offering on June 13, 1994. It operates as a self-administered and self-managed real estate investment trust (REIT). The Company is engaged in the ownership, operation, management, acquisition, development and redevelopment of predominantly apartment communities. As of December 31, 2013, the Company owned or held an interest in 164 communities, aggregating 34,079 units, located along the West Coast, as well as four commercial buildings, and eleven active development projects with 2,501 units in various stages of development.The Company defines its reportable operating segments as the three geographical regions in which its communities are located: Southern California, Northern California and Seattle Metro. The Company faces competition from other real estate investment trusts, businesses and other entities in the acquisition, development and operation of apartment communities. The Company is subject to various other lawsuits in the normal course of its business operations.
» More Articles for ESS

Headlines

Articles On GuruFocus.com
Essex Property Raises Dividend By 10.8% Feb 27 2015 
These Two Sectors Have Weathered The Storm Oct 16 2014 
5 Stocks Giving Their Shareholders A Raise With Higher Dividends Jun 16 2014 
Steven Romick’s Biggest Short Positions Jan 22 2013 
Avalon Bay - This Stock Will Fall This Year Mar 07 2012 
Seventeen Consistent Dividend Raisers in the News Feb 27 2012 
8 Dividend Stocks Yielding Over 3%, With Tiny Payout Ratios Jun 15 2011 
Steven Romick's Top-Five Short Stocks: VZ, ESRX, MHS, AVB, ESS May 25 2011 
Essex Property Trust Inc. Reports Operating Results (10-K) Feb 25 2011 
Essex Property Trust Inc. Reports Operating Results (10-Q) Nov 09 2010 

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Essex Property Tops Q4 FFO Estimates, Issues 2016 Outlook Feb 05 2016
ESSEX PROPERTY TRUST INC Files SEC form 8-K, Results of Operations and Financial Condition,... Feb 05 2016
Essex Property Trust reports 4Q results Feb 04 2016
Essex Property Trust reports 4Q results Feb 04 2016
Essex Announces Fourth Quarter 2015 Results and 2016 Guidance Feb 04 2016
Q4 2015 Essex Property Trust Inc Earnings Release - After Market Close Feb 04 2016
Will Essex Property (ESS) Earnings Surprise this Season? Feb 02 2016
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Essex Reports Characteristics of 2015 Dividend Jan 15 2016
Essex Reports Characteristics of 2015 Dividend Jan 15 2016
Essex Property Trust, Inc. breached its 50 day moving average in a Bearish Manner : January 15, 2016 Jan 15 2016
Apartment REIT Essex Thrives In West Coast Boom Towns Jan 12 2016
Essex Announces Release and Conference Call Dates for Its Fourth Quarter 2015 Earnings and 2016... Jan 06 2016
Essex Announces Release and Conference Call Dates for Its Fourth Quarter 2015 Earnings and 2016... Jan 06 2016
Essex Property (ESS) Hits New 52-Week High: Time to Buy? Dec 30 2015

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