OGCP (Empire State Realty OP LP) Moat Score: 4/10 (As of Jun. 26, 2026)


OGCP Empire State Realty OP LP OGCP
60 GF Score
Price $5.75
GF Value $8.91
Valuation Possible Value Trap
! 6 Warning Signs
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What is Empire State Realty OP LP Moat Score?

Empire State Realty OP LP OGCP 60 Moat Score is 4 as of Jun. 26, 2026. GuruFocus rates OGCP with a GF Score™ of 60/100 and a GF Value™ of $8.91 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 990 REITs companies, Empire State Realty OP LP ranks better than 87.17% on this metric.

Empire State Realty OP LP has the Moat Score of 4, which implies that the company might have Narrow Moat - Discernible but modest moat.

Empire State Realty OP LP has Narrow Moat: Empire State Realty has a discernible but modest moat due to its iconic real estate assets, which provide some pricing power and brand strength. However, it lacks significant network effects and customer switching costs.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Empire State Realty OP LP might have Narrow Moat - Discernible but modest moat.

Empire State Realty OP LP  (ARCA:OGCP) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Empire State Realty OP LP Moat Score Related Terms

OGCP vs DEI, DEA, PDM: Moat Score Comparison

For the REIT - Office subindustry, Empire State Realty OP LP's Moat Score, along with its competitors' market caps and Moat Score 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.

Empire State Realty OP LP Moat Score vs REITs Industry

For the REITs industry and Real Estate sector, Empire State Realty OP LP's Moat Score distribution charts can be found below:

* The bar in red indicates where Empire State Realty OP LP's Moat Score falls into.


OGCP
60GF Score
Empire State Realty OP LP OGCP
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 4 mean?
Empire State Realty OP LP (OGCP) has a Moat Score of 4 as of Jun. 26, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Empire State Realty OP LP ranks #127 out of 990 companies in the REITs industry, placing it in the top 12.8%.
Is Empire State Realty OP LP's Moat Score too high?
Empire State Realty OP LP's current Moat Score is 4. Based on the distribution chart, Empire State Realty OP LP ranks #127 out of 990 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Empire State Realty OP LP has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Empire State Realty OP LP's Moat Score compare to DEI and DEA?
According to the REITs industry distribution chart, Empire State Realty OP LP ranks #127 out of 990 companies for Moat Score. This places Empire State Realty OP LP in the top 13% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a REITs company?
A good Moat Score depends on the REITs industry context. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. Empire State Realty OP LP's current Moat Score is 4. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empire State Realty OP LP stock overvalued right now?
Based on GuruFocus' analysis, Empire State Realty OP LP (OGCP) is currently considered Possible Value Trap. The stock's GF Value™ is $8.91, compared to a current price of $5.75 — trading 35.5% below its estimated fair value. The current Moat Score is 4. Empire State Realty OP LP's overall GF Score™ is 60/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Empire State Realty OP LP (OGCP), the current Moat Score is 4 as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Empire State Realty OP LP (OGCP) Overvalued in 2026?

Based on GuruFocus' analysis, Empire State Realty OP LP stock appears to be undervalued. The current stock price of $5.75 is trading 35.5% below its estimated GF Value™ of $8.91. GuruFocus considers Empire State Realty OP LP to be Possible Value Trap.

Key valuation signals for OGCP:

  • Moat Score: 4
  • GF Value™: $8.91 vs. price of $5.75 (35.5% below fair value)
  • GF Score™: 60/100 with 6 warning signs

No single metric tells the full story. See the OGCP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Empire State Realty OP LP Business Description

Industry Real EstateREITs
Other Exchanges FISK:USAESBA:USA
Address 111 West 33rd Street, 12th Floor, New York, NY, USA, 10120
Empire State Realty OP LP is an NYC-focused real estate investment trust (REIT) that owns and operates a portfolio of well-leased, top-of-tier, modernized, amenitized, and well-located office, retail, and multifamily assets, conducts all of its business, and owns substantially all of its assets. The firm operates in two segments, Real Estate and Observatory. Through the Real Estate segment, it offers services related to the ownership, management, operation, acquisition, repositioning, and disposition of its real estate assets. Under the Observatory segment, it operates the two observatories of the Empire State Building. The company generates maximum revenue from the Real Estate segment.
60GF Score

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$5.75
Price
$8.91
GF Value