Empire State Realty Trust (FRA:ES9) Tariff Resilience Score: 8/10 (As of Sep. 19, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:ES9 Empire State Realty Trust Inc FRA:ES9
60 GF Score
Price €3.26
GF Value €6.35
! 6 Warning Signs
View Full Analysis

What is Empire State Realty Trust Tariff Resilience Score?

Empire State Realty Trust FRA:ES9 +2.52% 60 Tariff Resilience Score is 8 as of Sep. 19, 2026. GuruFocus rates FRA:ES9 with a GF Score™ of 60/100 and a GF Value™ of €6.35. The stock has 6 warning signs investors should review. Among 965 REITs companies, Empire State Realty Trust ranks better than 90.98% on this metric.

Empire State Realty Trust has the Tariff Resilience Score of 8, which implies that the company might have Highly Resilient.

Empire State Realty Trust has Empire State Realty Trust Inc is a real estate investment trust with minimal exposure to tariffs. Its operations are domestic, and it is not directly affected by international trade policies.

Tariff Resilience Score is a ranking system developed by GuruFocus to measure a company's exposure to international trade tariffs, rated on a scale from 0 to 10. It takes into account key factors such as global supply chain dependencies, manufacturing locations versus sales markets, import / export balance and percentage of revenue, and more.

The company's exposure to international trade tariffs based on these criteria:

1. Global supply chain dependencies
2. Manufacturing locations versus sales markets
3. Import/export balance and percentage of revenue
4. Historical impact from previous tariff changes
5. Available mitigation strategies (alternative suppliers, pricing power)
6. Industry-specific tariff exemptions or vulnerabilities

Based on the research, GuruFocus believes Empire State Realty Trust might have Highly Resilient.


Empire State Realty Trust  (FRA:ES9) Tariff Resilience Score Explanation

The Tariff Resilience Score ranges from 0 to 10, with 10 as the most resilient. GuruFocus divided Moat Score into following 3 categories:

Tariff Resilience Score Resilience Level
7 - 10Highly Resilient
4 - 6Average Resilient
0 - 3Highly Vulnerable

Empire State Realty Trust Tariff Resilience Score Related Terms


FRA:ES9 vs CTO, JBGS, GOOD: Tariff Resilience Score Comparison

For the REIT - Diversified subindustry, Empire State Realty Trust's Tariff Resilience Score, along with its competitors' market caps and Tariff Resilience 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 Trust Tariff Resilience Score vs REITs Industry

For the REITs industry and Real Estate sector, Empire State Realty Trust's Tariff Resilience Score distribution charts can be found below:

* The bar in red indicates where Empire State Realty Trust's Tariff Resilience Score falls into.


FRA:ES9
60GF Score
Empire State Realty Trust Inc FRA:ES9
Tariff Resilience Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis
What does a Tariff Resilience Score of 8 mean?
Empire State Realty Trust (FRA:ES9) has a Tariff Resilience Score of 8 as of Sep. 19, 2026. Tariff Score is a ranking system developed by GuruFocus to measure a company's exposure to international trade tariffs, rated on a scale from 0 to 10. It takes into account key factors such as global supply chain dependencies, manufacturing locations versus sales markets, import / export balance and percentage of revenue, and more. According to the industry distribution chart, Empire State Realty Trust ranks #87 out of 965 companies in the REITs industry, placing it in the top 9%.
Is Empire State Realty Trust's Tariff Resilience Score too high?
Empire State Realty Trust's current Tariff Resilience Score is 8. Based on the distribution chart, Empire State Realty Trust ranks #87 out of 965 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Empire State Realty Trust has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Empire State Realty Trust's Tariff Resilience Score compare to CTO and JBGS?
According to the REITs industry distribution chart, Empire State Realty Trust ranks #87 out of 965 companies for Tariff Resilience Score. This places Empire State Realty Trust in the top 9% 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 Tariff Resilience Score for a REITs company?
A good Tariff Resilience Score depends on the REITs industry context. However, Tariff Resilience 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 Tariff Resilience Score mean?
A high Tariff Resilience Score can signal that a stock is expensive relative to its fundamentals. Tariff Score is a ranking system developed by GuruFocus to measure a company's exposure to international trade tariffs, rated on a scale from 0 to 10. It takes into account key factors such as global supply chain dependencies, manufacturing locations versus sales markets, import / export balance and percentage of revenue, and more. Empire State Realty Trust's current Tariff Resilience Score is 8. 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 Trust stock overvalued right now?
Empire State Realty Trust (FRA:ES9) has a current Tariff Resilience Score of 8. The stock's GF Value™ is €6.35, compared to a current price of €3.26 — trading 48.7% below its estimated fair value. The current Tariff Resilience Score is 8. Empire State Realty Trust'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 Tariff Resilience Score calculated?
Tariff Resilience Score is calculated from a company's financial statements. For Empire State Realty Trust (FRA:ES9), the current Tariff Resilience Score is 8 as of Sep. 19, 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 Trust (FRA:ES9) Overvalued in 2026?

Based on GuruFocus' analysis, Empire State Realty Trust stock appears to be undervalued. The current stock price of €3.26 is trading 48.7% below its estimated GF Value™ of €6.35.

Key valuation signals for FRA:ES9:

  • Tariff Resilience Score: 8
  • GF Value™: €6.35 vs. price of €3.26 (48.7% below fair value)
  • GF Score™: 60/100 with 6 warning signs

No single metric tells the full story. See the FRA:ES9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Empire State Realty Trust Business Description

Industry Real EstateREITs
Other Exchanges ESRT:USAES9:Germany
Address 111 West 33rd Street, 12th Floor, New York, NY, USA, 10120
Empire State Realty Trust Inc is a real estate investment trust (REIT) that owns and operates office, retail, and multifamily properties located in New York City, prominently in Manhattan. Its portfolio includes office and retail space as well as residential units. The company's objective is to maximize cash flow and total returns to its shareholders and to increase the value of the properties. Its reportable segments consist of a real estate segment and an Observatory segment. The majority of revenue is derived from the Real Estate segment, which includes all activities related to the ownership, management, operation, acquisition, redevelopment, repositioning and disposition of its traditional real estate assets.
60GF Score

Get the complete analysis for FRA:ES9

Tariff Resilience Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€3.26
Price
€6.35
GF Value