WallStSmart

Essex Property Trust Inc (ESS)vsInvitation Homes Inc (INVH)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Invitation Homes Inc generates 41% more annual revenue ($2.78B vs $1.97B). ESS leads profitability with a 29.1% profit margin vs 21.0%. ESS appears more attractively valued with a PEG of 7.39. INVH earns a higher WallStSmart Score of 56/100 (C).

ESS

Buy

53

out of 100

Grade: C-

Growth: 4.7Profit: 8.0Value: 5.3Quality: 5.0

INVH

Buy

56

out of 100

Grade: C

Growth: 4.7Profit: 6.0Value: 4.7Quality: 4.8
Piotroski: 4/9Altman Z: 0.81
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ESSUndervalued (+40.0%)

Margin of Safety

+40.0%

Fair Value

$435.82

Current Price

$267.06

$168.76 discount

UndervaluedFair: $435.82Overvalued
INVHUndervalued (+26.6%)

Margin of Safety

+26.6%

Fair Value

$37.06

Current Price

$27.93

$9.13 discount

UndervaluedFair: $37.06Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ESS2 strengths · Avg: 9.5/10
Operating MarginProfitability
35.2%10/10

Strong operational efficiency at 35.2%

Profit MarginProfitability
29.1%9/10

Keeps 29 of every $100 in revenue as profit

INVH3 strengths · Avg: 8.3/10
Profit MarginProfitability
21.0%9/10

Keeps 21 of every $100 in revenue as profit

Price/BookValuation
1.8x8/10

Reasonable price relative to book value

Operating MarginProfitability
24.3%8/10

Strong operational efficiency at 24.3%

Areas to Watch

ESS3 concerns · Avg: 2.7/10
P/E RatioValuation
30.2x4/10

Premium valuation, high expectations priced in

PEG RatioValuation
7.392/10

Expensive relative to growth rate

EPS GrowthGrowth
-47.8%2/10

Earnings declined 47.8%

INVH4 concerns · Avg: 2.8/10
P/E RatioValuation
30.4x4/10

Premium valuation, high expectations priced in

Return on EquityProfitability
6.2%3/10

ROE of 6.2% — below average capital efficiency

PEG RatioValuation
12.922/10

Expensive relative to growth rate

EPS GrowthGrowth
-3.7%2/10

Earnings declined 3.7%

Comparative Analysis Report

WallStSmart Research

Bull Case : ESS

The strongest argument for ESS centers on Operating Margin, Profit Margin. Profitability is solid with margins at 29.1% and operating margin at 35.2%.

Bull Case : INVH

The strongest argument for INVH centers on Profit Margin, Price/Book, Operating Margin. Profitability is solid with margins at 21.0% and operating margin at 24.3%.

Bear Case : ESS

The primary concerns for ESS are P/E Ratio, PEG Ratio, EPS Growth.

Bear Case : INVH

The primary concerns for INVH are P/E Ratio, Return on Equity, PEG Ratio.

Key Dynamics to Monitor

INVH carries more volatility with a beta of 0.86 — expect wider price swings.

INVH is growing revenue faster at 9.2% — sustainability is the question.

ESS generates stronger free cash flow (244M), providing more financial flexibility.

Monitor REIT - RESIDENTIAL industry trends, competitive dynamics, and regulatory changes.

Bottom Line

INVH scores higher overall (56/100 vs 53/100), backed by strong 21.0% margins. ESS offers better value entry with a 40.0% margin of safety. Both earn "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.

Essex Property Trust Inc

REAL ESTATE · REIT - RESIDENTIAL · USA

Essex Property Trust is a publicly traded real estate investment trust that invests in apartments, primarily on the West Coast of the United States.

Invitation Homes Inc

REAL ESTATE · REIT - RESIDENTIAL · USA

Invitation Homes is the nation's leading single-family home leasing company, meeting changing lifestyle demands by providing access to high-quality, renovated homes with valuable features like proximity to jobs and access to good schools.

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