Intrinsic value of Essex Property Trust, Inc. (ESS)

[per Chepakovich valuation model]

other valuations of ESS

[per Chepakovich valuation model]  See other valuations of ESS stock

Previous Close$288.37
Intrinsic Value
Upside potential
Previous Close
$288.37

VALUATION INPUT DATA

Revenue, mln $
Initial revenue growth rate (norm.), %
Variable cost ratio, %
Fixed operating expenses, mln $
Production assets / Revenue, %
Working capital / Revenue, %
Interest rate on debt, %
Life of production assets, yrs
Initial discount rate, %
Shares outstanding, mln
Adjusted equity ratio
Adjusted assets / Revenue
Based on fiscal year data as of 2020-12-31 and quarterly data as of 2020-12-31.
NOTE: The bar chart shows historic and forecasted yearly revenue growth rates. Its purpose is to help you in determining what initial revenue rate you want to base your stock valuation on. Please make sure that you are confident in the value you select - for most stocks it is by far the most important parameter in valuation.
  1. Annual
  2. Quarterly YoY
  3. Quarterly QoQ

Annual revenue growth rates, % (past and forecasted)

show cash flow forecast

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year2020(a)2021202220232024202520262027202820292030203120322033203420352036203720382039204020412042204320442045

INCOME STATEMENT

Revenue growth rate, %2.4NaN
Revenue, $1496NaN
Variable operating expenses, $mNaN
Fixed operating expenses, $mNaN
Total operating expenses, $m1004NaN
Operating income, $m491NaN
EBITDA, $m1005NaN
Interest expense (income), $mNaN
Earnings before tax, $m562NaN
Tax expense, $m-7NaN
Net income, $m569NaN

BALANCE SHEET

Cash and short-term investments, $m84NaN
Total assets, $m12936NaN
Adjusted assets (=assets-cash), $m12852NaN
Average production assets, $m12310NaN
Working capital, $m126NaN
Total debt, $m6252NaN
Total liabilities, $m6753NaN
Total equity, $m6183NaN
Debt-to-equity ratio1.011NaN
Adjusted equity ratio0.475NaN

CASH FLOW

Net income, $m569NaN
Depreciation, amort., depletion, $m513NaN
Funds from operations, $mNaN
Change in working capital, $mNaN
Cash from operations, $m803NaN
Maintenance CAPEX, $mNaN
New CAPEX, $mNaN
Total CAPEX, $m-369NaN
Free cash flow, $m1172NaN
Issuance/(repurchase) of shares, $mNaN
Retained Cash Flow, $mNaN
Pot'l extraordinary dividend, $m126
Cash available for distribution, $mNaN
Discount rate, %NaN
PV of cash for distribution, $mNaN
Current shareholders' claim on cash, %NaN