Empire State Realty OP LP ES (ESBA)vsKilroy Realty Corp (KRC)
ESBA
Empire State Realty OP LP ES
$3.99
-1.48%
REAL ESTATE · Cap: $1.15B
KRC
Kilroy Realty Corp
$34.23
-0.55%
REAL ESTATE · Cap: $4.25B
Smart Verdict
WallStSmart Research — data-driven comparison
Kilroy Realty Corp generates 40% more annual revenue ($1.09B vs $782.82M). KRC leads profitability with a 15.5% profit margin vs 1.2%. KRC trades at a lower P/E of 25.3x. KRC earns a higher WallStSmart Score of 56/100 (C).
ESBA
Hold39
out of 100
Grade: F
KRC
Buy56
out of 100
Grade: C
Intrinsic Value Comparison
Multi-model valuation · Graham Formula
Margin of Safety
+83.4%
Fair Value
$38.20
Current Price
$3.99
$34.21 discount
Intrinsic value data unavailable for KRC.
Key Strengths & Concerns
Side-by-side fundamental analysis
Key Strengths
Reasonable price relative to book value
Reasonable price relative to book value
Strong operational efficiency at 24.0%
Areas to Watch
3.2% revenue growth
Smaller company, higher risk/reward
ROE of 3.7% — below average capital efficiency
1.2% margin — thin
Expensive relative to growth rate
Moderate valuation
ROE of 4.1% — below average capital efficiency
Revenue declined 6.0%
Comparative Analysis Report
WallStSmart ResearchBull Case : ESBA
The strongest argument for ESBA centers on Price/Book.
Bull Case : KRC
The strongest argument for KRC centers on Price/Book, Operating Margin. Profitability is solid with margins at 15.5% and operating margin at 24.0%.
Bear Case : ESBA
The primary concerns for ESBA are Revenue Growth, Market Cap, Return on Equity. A P/E of 205.0x leaves little room for execution misses. Thin 1.2% margins leave little buffer for downturns.
Bear Case : KRC
The primary concerns for KRC are PEG Ratio, P/E Ratio, Return on Equity.
Key Dynamics to Monitor
ESBA profiles as a value stock while KRC is a declining play — different risk/reward profiles.
ESBA carries more volatility with a beta of 1.42 — expect wider price swings.
ESBA is growing revenue faster at 3.2% — sustainability is the question.
KRC generates stronger free cash flow (15M), providing more financial flexibility.
Bottom Line
KRC scores higher overall (56/100 vs 39/100), backed by strong 15.5% margins. ESBA offers better value entry with a 83.4% margin of safety. Both earn "Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.
This analysis is generated from publicly available financial data. Not financial advice.
Empire State Realty OP LP ES
REAL ESTATE · REIT - OFFICE · USA
Empire State Realty OP, L.P. is a subsidiary of Empire State Realty Trust, Inc.
Kilroy Realty Corp
REAL ESTATE · REIT - OFFICE · USA
Kilroy Realty Corporation (NYSE: KRC, the?
Visit Website →Compare with Other REIT - OFFICE Stocks
Want to dig deeper into these stocks?