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ESRT vs PLD

ESRT
Empire State Realty Trust, Inc.
NEUTRAL
Price
$5.56
Market Cap
$951.1M
Sector
Real Estate
AI Confidence
85%
PLD
Prologis, Inc.
BEARISH
Price
$139.77
Market Cap
$130.3B
Sector
Real Estate
AI Confidence
85%

Valuation

P/E Ratio
ESRT
22.24
PLD
38.93
Forward P/E
ESRT
92.67
PLD
42.4
P/B Ratio
ESRT
0.89
PLD
2.44
P/S Ratio
ESRT
1.24
PLD
14.17
EV/EBITDA
ESRT
12.67
PLD
26.24

Profitability

Gross Margin
ESRT
52.46%
PLD
75.69%
Operating Margin
ESRT
17.77%
PLD
41.33%
Profit Margin
ESRT
6.2%
PLD
36.2%
ROE
ESRT
4.05%
PLD
6.13%
ROA
ESRT
1.89%
PLD
2.46%

Growth

Revenue Growth
ESRT
0.8%
PLD
4.0%
Earnings Growth
ESRT
75.4%
PLD
6.3%

Financial Health

Debt/Equity
ESRT
1.32
PLD
0.62
Current Ratio
ESRT
2.61
PLD
0.6
Quick Ratio
ESRT
2.41
PLD
0.46

Dividends

Dividend Yield
ESRT
2.52%
PLD
3.09%
Payout Ratio
ESRT
56.0%
PLD
113.48%

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
PLD BEARISH

PLD exhibits a stable but mediocre Piotroski F-Score of 4/9, indicating a lack of strong fundamental momentum. The stock is trading at a severe premium, with a current price of $139.77 far exceeding both the Graham Number ($67.96) and the Intrinsic Value ($59.06). While the company maintains dominant market margins and a healthy debt-to-equity ratio, the unsustainable dividend payout ratio of 113.48% and an astronomical PEG ratio of 108.01 signal extreme overvaluation. Technical trends and insider selling further reinforce a bearish outlook despite analyst 'buy' ratings.

Strengths
Dominant market position in Industrial REIT sector
Strong profitability margins (Gross Margin 75.69%, Operating Margin 41.33%)
Manageable Debt/Equity ratio of 0.62
Risks
Severe overvaluation relative to Graham and Intrinsic value benchmarks
Unsustainable dividend payout ratio (113.48%)
Extremely high PEG ratio (108.01) suggesting growth does not justify price

Compare Another Pair

ESRT vs PLD: Head-to-Head Comparison

This page compares Empire State Realty Trust, Inc. (ESRT) and Prologis, Inc. (PLD) 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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