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Essex Property Trust (NYSE:ESS) EV-to-FCF

: 23.13 (As of Today)
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EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Essex Property Trust's Enterprise Value is $18,790 Mil. Essex Property Trust's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2022 was $812 Mil. Therefore, Essex Property Trust's EV-to-FCF for today is 23.13.

The historical rank and industry rank for Essex Property Trust's EV-to-FCF or its related term are showing as below:

ESS' s EV-to-FCF Range Over the Past 10 Years
Min: 19.56   Med: 33.18   Max: 59.29
Current: 23.13

During the past 13 years, the highest EV-to-FCF of Essex Property Trust was 59.29. The lowest was 19.56. And the median was 33.18.

ESS's EV-to-FCF is ranked better than
52.96% of 625 companies
in the REITs industry
Industry Median: 23.90 vs ESS: 23.13

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2023-03-30), Essex Property Trust's stock price is $204.31. Essex Property Trust's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2022 was $6.280. Therefore, Essex Property Trust's PE Ratio for today is 32.53.


Competitive Comparison

For the REIT - Residential subindustry, Essex Property Trust's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Essex Property Trust EV-to-FCF Distribution

For the REITs industry and Real Estate sector, Essex Property Trust's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Essex Property Trust's EV-to-FCF falls in comparison to its industry or sector. The grey bar indicates the EV-to-FCF's extreme value range as defined by GuruFocus.



Essex Property Trust EV-to-FCF Calculation

Essex Property Trust's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=18790.367/812.456
=23.13

Essex Property Trust's current Enterprise Value is $18,790 Mil.
Essex Property Trust's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $812 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Essex Property Trust  (NYSE:ESS) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Essex Property Trust's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=204.31/6.280
=32.53

Essex Property Trust's share price for today is $204.31.
Essex Property Trust's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.280.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Essex Property Trust EV-to-FCF Related Terms

Thank you for viewing the detailed overview of Essex Property Trust's EV-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Essex Property Trust (NYSE:ESS) Business Description

Essex Property Trust logo
Traded in Other Exchanges
Address
1100 Park Place, Suite 200, San Mateo, CA, USA, 94403
Essex Property Trust owns a portfolio of 253 apartment communities with over 62,000 units and is developing three additional properties with 571 units. The company focuses on owning large, high-quality properties on the West Coast in the urban and suburban submarkets of Southern California, Northern California, and Seattle.
Executives
Anne Morrison officer: SVP - General Counsel C/O ESSEX PROPERTY TRUST, INC., 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Barbara Pak officer: Executive Vice President & CFO C/O ESSEX PROPERTY TRUST, INC., 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Maria R Hawthorne director 701 WESTERN AVENUE, GLENDALE CA 91201
Adam W Berry officer: Co-Chief Investment Officer C/O ESSEX PROPERTY TRUST, INC., 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Mary Kasaris director C/O ESSEX PROPERTY TRUST, INC., 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Amal M Johnson director C/O MELLANOX TECHNOLOGIES, INC., 350 OAKMEAD PARKWAY, SUITE 100, SUNNYVALE CA 94085
Angela L. Kleiman officer: Executive Vice President & CFO 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
John Farias officer: Group Vice President and CAO C/O ESSEX PROPERTY TRUST, INC, 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Thomas E Robinson director 309 GARRISON FOREST ROAD, OWNINGS MILLS MD 21117
Lyons Irving F Iii director C/O ESSEX PROPERTY TRUST, INC., 925 E. MEADOW DRIVE, PALO ALTO CA 94303
Thomas P. Sullivan director 525 MARKET STREET, 4TH FLOOR, SAN FRANCISCO CA 94133
Byron A Scordelis director
Zinngrabe Claude J. Jr. director 925 EAST MEADOW DRIVE, PALO ALTO CA 94303
Janice L. Sears director 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Erik J. Alexander officer: Senior Vice President 925 EAST MEADOW DRIVE, PALO ALTO CA 94303

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