Empire State Realty OP, L.P. Series ES Operating Partnership Limited Partnership Interests (ESBA): Price and Financial Metrics

ESBA Stock Summary

• Price to trailing twelve month operating cash flow for ESBA is currently 1.06, higher than only 4.39% of US stocks with positive operating cash flow.
• Of note is the ratio of EMPIRE STATE REALTY OP LP's sales and general administrative expense to its total operating expenses; just 8.59% of US stocks have a lower such ratio.
• EMPIRE STATE REALTY OP LP's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 70.06%, greater than the shareholder yield of 97.43% of stocks in our set.
• If you're looking for stocks that are quantitatively similar to EMPIRE STATE REALTY OP LP, a group of peers worth examining would be EPRT, NHI, DAC, UE, and DOC.
• ESBA's SEC filings can be seen here. And to visit EMPIRE STATE REALTY OP LP's official web site, go to www.empirestaterealtytrust.com.

ESBA Valuation Summary

• ESBA's price/sales ratio is 0.3; this is 75% lower than that of the median Real Estate stock.
• Over the past 111 months, ESBA's EV/EBIT ratio has gone NA NA.

Below are key valuation metrics over time for ESBA.

ESBA Growth Metrics

Its 5 year revenue growth rate is now at 8.3%.
• The 4 year price growth rate now stands at -64.86%.
• Its 4 year net income to common stockholders growth rate is now at -24.6%.

Over the past 33 months, ESBA's revenue has gone down $25,241,000.

The table below shows ESBA's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2022-09-30	706.102	219.444	33.605
2022-06-30	687.438	212.435	13.255
2022-03-31	642.824	206.779	-31.188
2021-12-31	624.094	212.486	-17.221
2021-09-30	615.159	185.767	-12.454
2021-06-30	596.686	191.599	-14.54

ESBA's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• ESBA has a Quality Grade of C, ranking ahead of 26.51% of graded US stocks.
• ESBA's asset turnover comes in at 0.145 -- ranking 126th of 444 Trading stocks.
• ESRT, CBLAQ, and DRH are the stocks whose asset turnover ratios are most correlated with ESBA.

The table below shows ESBA's key quality metrics over time.