WallStSmart

Empire State Realty Trust Inc (ESRT)vsW P Carey Inc (WPC)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

W P Carey Inc generates 122% more annual revenue ($1.71B vs $767.81M). WPC leads profitability with a 27.3% profit margin vs 6.2%. WPC appears more attractively valued with a PEG of 1.47. WPC earns a higher WallStSmart Score of 72/100 (B).

ESRT

Buy

59

out of 100

Grade: C

Growth: 8.0Profit: 5.0Value: 7.3Quality: 4.8
Piotroski: 2/9

WPC

Strong Buy

72

out of 100

Grade: B

Growth: 7.3Profit: 7.5Value: 9.3Quality: 3.8
Piotroski: 4/9Altman Z: 0.56
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ESRTUndervalued (+45.5%)

Margin of Safety

+45.5%

Fair Value

$11.70

Current Price

$5.08

$6.62 discount

UndervaluedFair: $11.70Overvalued
WPCUndervalued (+26.8%)

Margin of Safety

+26.8%

Fair Value

$98.75

Current Price

$67.55

$31.20 discount

UndervaluedFair: $98.75Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ESRT3 strengths · Avg: 10.0/10
Price/BookValuation
0.8x10/10

Reasonable price relative to book value

Revenue GrowthGrowth
80.0%10/10

Revenue surging 80.0% year-over-year

EPS GrowthGrowth
75.4%10/10

Earnings expanding 75.4% YoY

WPC4 strengths · Avg: 9.3/10
Operating MarginProfitability
50.9%10/10

Strong operational efficiency at 50.9%

EPS GrowthGrowth
218.1%10/10

Earnings expanding 218.1% YoY

Profit MarginProfitability
27.3%9/10

Keeps 27 of every $100 in revenue as profit

Price/BookValuation
1.8x8/10

Reasonable price relative to book value

Areas to Watch

ESRT4 concerns · Avg: 3.0/10
Market CapQuality
$1.53B3/10

Smaller company, higher risk/reward

Return on EquityProfitability
4.0%3/10

ROE of 4.0% — below average capital efficiency

Profit MarginProfitability
6.2%3/10

6.2% margin — thin

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

WPC4 concerns · Avg: 2.8/10
P/E RatioValuation
34.0x4/10

Premium valuation, high expectations priced in

Return on EquityProfitability
5.7%3/10

ROE of 5.7% — below average capital efficiency

Free Cash FlowQuality
$-1.54B2/10

Negative free cash flow — burning cash

Altman Z-ScoreHealth
0.562/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : ESRT

The strongest argument for ESRT centers on Price/Book, Revenue Growth, EPS Growth. Revenue growth of 80.0% demonstrates continued momentum.

Bull Case : WPC

The strongest argument for WPC centers on Operating Margin, EPS Growth, Profit Margin. Profitability is solid with margins at 27.3% and operating margin at 50.9%. PEG of 1.47 suggests the stock is reasonably priced for its growth.

Bear Case : ESRT

The primary concerns for ESRT are Market Cap, Return on Equity, Profit Margin.

Bear Case : WPC

The primary concerns for WPC are P/E Ratio, Return on Equity, Free Cash Flow.

Key Dynamics to Monitor

ESRT profiles as a hypergrowth stock while WPC is a mature play — different risk/reward profiles.

ESRT carries more volatility with a beta of 1.38 — expect wider price swings.

ESRT is growing revenue faster at 80.0% — sustainability is the question.

ESRT generates stronger free cash flow (-8M), providing more financial flexibility.

Bottom Line

WPC scores higher overall (72/100 vs 59/100), backed by strong 27.3% margins. ESRT offers better value entry with a 45.5% margin of safety. Both earn "Strong Buy" and "Buy" 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?

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W P Carey Inc

REAL ESTATE · REIT - DIVERSIFIED · USA

WP Carey is among the largest net-lease REITs with an enterprise value of approximately $ 18 billion and a diversified portfolio of operationally critical commercial real estate that includes 1,215 net-lease properties covering approximately 142 million square feet as of March 30. September 2020.

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