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Empire State Realty OP LP (Empire State Realty OP LP) Price-to-Free-Cash-Flow : 10.66 (As of Apr. 25, 2024)


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What is Empire State Realty OP LP Price-to-Free-Cash-Flow?

As of today (2024-04-25), Empire State Realty OP LP's share price is $9.34. Empire State Realty OP LP's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.88. Hence, Empire State Realty OP LP's Price-to-Free-Cash-Flow Ratio for today is 10.66.

The historical rank and industry rank for Empire State Realty OP LP's Price-to-Free-Cash-Flow or its related term are showing as below:

ESBA' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 6.09   Med: 16.89   Max: 88.94
Current: 10.66

During the past 13 years, Empire State Realty OP LP's highest Price-to-Free-Cash-Flow Ratio was 88.94. The lowest was 6.09. And the median was 16.89.

ESBA's Price-to-Free-Cash-Flow is ranked better than
58.23% of 699 companies
in the REITs industry
Industry Median: 12.12 vs ESBA: 10.66

Empire State Realty OP LP's Free Cash Flow per Share for the three months ended in Dec. 2023 was $0.14. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $0.88.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Empire State Realty OP LP was 11.90% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 85.10% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 39.30% per year.

During the past 13 years, Empire State Realty OP LP's highest 3-Year average Free Cash Flow per Share Growth Rate was 85.10% per year. The lowest was -45.90% per year. And the median was 6.20% per year.


Empire State Realty OP LP Price-to-Free-Cash-Flow Historical Data

The historical data trend for Empire State Realty OP LP's Price-to-Free-Cash-Flow can be seen below:

* 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.

* Premium members only.

Empire State Realty OP LP Price-to-Free-Cash-Flow Chart

Empire State Realty OP LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.82 66.23 11.58 8.35 10.74

Empire State Realty OP LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Free-Cash-Flow Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.35 7.52 8.38 9.11 10.74

Competitive Comparison of Empire State Realty OP LP's Price-to-Free-Cash-Flow

For the REIT - Office subindustry, Empire State Realty OP LP's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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's Price-to-Free-Cash-Flow Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Empire State Realty OP LP's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Empire State Realty OP LP's Price-to-Free-Cash-Flow falls into.



Empire State Realty OP LP Price-to-Free-Cash-Flow Calculation

Empire State Realty OP LP's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=9.34/0.876
=10.66

Empire State Realty OP LP's Share Price of today is $9.34.
Empire State Realty OP LP's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.88.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Empire State Realty OP LP  (ARCA:ESBA) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Empire State Realty OP LP Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Empire State Realty OP LP's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Empire State Realty OP LP (Empire State Realty OP LP) Business Description

Traded in Other Exchanges
Address
111 West 33rd Street, 12th Floor, New York, NY, USA, 10120
Empire State Realty OP LP is the operating partner of Empire State Realty Inc. The company along with its partner manages, operates, acquires and repositions properties in Manhattan and the greater New York metropolitan area. 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.