Empire State Realty Trust Inc (ESRT)vsVICI Properties Inc (VICI)
ESRT
Empire State Realty Trust Inc
$5.62
+0.90%
REAL ESTATE · Cap: $1.70B
VICI
VICI Properties Inc
$28.58
-2.12%
REAL ESTATE · Cap: $30.77B
Smart Verdict
WallStSmart Research — data-driven comparison
VICI Properties Inc generates 420% more annual revenue ($4.04B vs $776.71M). VICI leads profitability with a 76.8% profit margin vs 5.1%. VICI trades at a lower P/E of 9.8x. VICI earns a higher WallStSmart Score of 66/100 (B-).
ESRT
Hold46
out of 100
Grade: D+
VICI
Strong Buy66
out of 100
Grade: B-
Intrinsic Value Comparison
Multi-model valuation · Graham Formula
Margin of Safety
+68.7%
Fair Value
$20.35
Current Price
$5.62
$14.73 discount
Margin of Safety
+49.2%
Fair Value
$57.45
Current Price
$28.58
$28.87 discount
Key Strengths & Concerns
Side-by-side fundamental analysis
Key Strengths
Reasonable price relative to book value
Attractively priced relative to earnings
Reasonable price relative to book value
Keeps 77 of every $100 in revenue as profit
Strong operational efficiency at 107.5%
Earnings expanding 60.1% YoY
Areas to Watch
Moderate valuation
4.9% revenue growth
Smaller company, higher risk/reward
ROE of 3.3% — below average capital efficiency
3.5% revenue growth
Distress zone — elevated risk
Weak financial health signals
Comparative Analysis Report
WallStSmart ResearchBull Case : ESRT
The strongest argument for ESRT centers on Price/Book.
Bull Case : VICI
The strongest argument for VICI centers on P/E Ratio, Price/Book, Profit Margin. Profitability is solid with margins at 76.8% and operating margin at 107.5%.
Bear Case : ESRT
The primary concerns for ESRT are P/E Ratio, Revenue Growth, Market Cap.
Bear Case : VICI
The primary concerns for VICI are Revenue Growth, Altman Z-Score, Piotroski F-Score.
Key Dynamics to Monitor
ESRT carries more volatility with a beta of 1.36 — expect wider price swings.
ESRT is growing revenue faster at 4.9% — sustainability is the question.
Monitor REIT - DIVERSIFIED industry trends, competitive dynamics, and regulatory changes.
Bottom Line
VICI scores higher overall (66/100 vs 46/100), backed by strong 76.8% margins. ESRT offers better value entry with a 68.7% margin of safety. Both earn "Strong 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 Trust Inc
REAL ESTATE · REIT - DIVERSIFIED · USA
Empire State Realty Trust, Inc. (NYSE: ESRT), a major real estate investment trust (REIT), owns, manages, operates, acquires and repositions offices and retail properties in Manhattan and the New York metropolitan area, including the Empire State Building, the?
Visit Website →VICI Properties Inc
REAL ESTATE · REIT - DIVERSIFIED · USA
VICI Properties is an experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including the world-renowned Caesars Palace.
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