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ESRT vs JBGS

ESRT
Empire State Realty Trust, Inc.
NEUTRAL
Price
$5.56
Market Cap
$951.1M
Sector
Real Estate
AI Confidence
85%
JBGS
JBG SMITH Properties
BEARISH
Price
$15.59
Market Cap
$919.9M
Sector
Real Estate
AI Confidence
90%

Valuation

P/E Ratio
ESRT
22.24
JBGS
--
Forward P/E
ESRT
92.67
JBGS
-9.51
P/B Ratio
ESRT
0.89
JBGS
0.8
P/S Ratio
ESRT
1.24
JBGS
1.92
EV/EBITDA
ESRT
12.67
JBGS
20.89

Profitability

Gross Margin
ESRT
52.46%
JBGS
49.5%
Operating Margin
ESRT
17.77%
JBGS
0.46%
Profit Margin
ESRT
6.2%
JBGS
-27.96%
ROE
ESRT
4.05%
JBGS
-8.62%
ROA
ESRT
1.89%
JBGS
-0.04%

Growth

Revenue Growth
ESRT
0.8%
JBGS
-3.0%
Earnings Growth
ESRT
75.4%
JBGS
--

Financial Health

Debt/Equity
ESRT
1.32
JBGS
1.53
Current Ratio
ESRT
2.61
JBGS
0.97
Quick Ratio
ESRT
2.41
JBGS
0.86

Dividends

Dividend Yield
ESRT
2.52%
JBGS
4.49%
Payout Ratio
ESRT
56.0%
JBGS
101.09%

AI Verdict

ESRT NEUTRAL

ESRT presents as a classic value trap, trading below its Graham Number ($5.91) and Book Value (P/B 0.89), yet suffering from a total collapse in technical momentum (0/100). The Piotroski F-Score of 4/9 indicates stable but mediocre financial health, while the massive jump in Forward P/E (from 22.24 to 92.67) signals an expected sharp contraction in future earnings. While the current price offers a margin of safety relative to assets, the structural headwinds of NYC office vacancy and extreme geographic concentration offset the valuation appeal.

Strengths
Trading below book value (P/B 0.89), suggesting asset-based support
Strong short-term liquidity with a Current Ratio of 2.61
Sustainable dividend payout ratio of 56%
Risks
Extreme geographic concentration in New York City real estate
Severe technical bearishness with a 0/100 trend score and -29.4% 6-month return
Stagnant revenue growth (0.80% YoY) indicating a lack of organic expansion
JBGS BEARISH

JBGS exhibits severe financial fragility, highlighted by a weak Piotroski F-Score of 2/9 and a negative profit margin of -27.96%. The company is caught in a structural decline of the office real estate sector, with a dividend payout ratio of 101.09% indicating that current distributions are unsustainable. While the stock trades at a discount to book value (P/B 0.80), this appears to be a value trap given the negative revenue growth and bearish insider sentiment. The combination of deteriorating fundamentals and high sector-specific risk makes the outlook negative.

Strengths
Trading at a discount to book value (P/B 0.80)
Strategic focus on high-amenity, Metro-served submarkets like National Landing
Debt/Equity ratio (1.53) is lower than the sector average (2.41)
Risks
Structural decline in office demand due to work-from-home (WFH) policies
Unsustainable dividend payout ratio exceeding 100%
Negative profitability with a profit margin of -27.96%

Compare Another Pair

ESRT vs JBGS: Head-to-Head Comparison

This page compares Empire State Realty Trust, Inc. (ESRT) and JBG SMITH Properties (JBGS) across key fundamental metrics including valuation ratios, profitability margins, growth rates, financial health indicators, and dividend metrics. Each metric highlights the better-performing stock so you can quickly identify relative strengths and weaknesses.

Our AI engine independently analyzes each company's financials, competitive position, and market conditions to produce a verdict (Bullish, Neutral, or Bearish) along with key strengths and risks. Use this comparison alongside your own research to make informed investment decisions.

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