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ESS vs PLD

ESS
Essex Property Trust, Inc.
BEARISH
Price
$255.37
Market Cap
$16.47B
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
ESS
24.58
PLD
38.93
Forward P/E
ESS
41.72
PLD
42.4
P/B Ratio
ESS
2.97
PLD
2.44
P/S Ratio
ESS
8.51
PLD
14.17
EV/EBITDA
ESS
18.67
PLD
26.24

Profitability

Gross Margin
ESS
68.58%
PLD
75.69%
Operating Margin
ESS
32.86%
PLD
41.33%
Profit Margin
ESS
34.6%
PLD
36.2%
ROE
ESS
12.23%
PLD
6.13%
ROA
ESS
3.1%
PLD
2.46%

Growth

Revenue Growth
ESS
3.2%
PLD
4.0%
Earnings Growth
ESS
-68.7%
PLD
6.3%

Financial Health

Debt/Equity
ESS
1.19
PLD
0.62
Current Ratio
ESS
0.15
PLD
0.6
Quick Ratio
ESS
0.06
PLD
0.46

Dividends

Dividend Yield
ESS
4.03%
PLD
3.09%
Payout Ratio
ESS
98.85%
PLD
113.48%

AI Verdict

ESS BEARISH

ESS exhibits significant valuation misalignment, trading at $255.37 despite a Graham Number of $141.78 and an Intrinsic Value of $72.73. The Piotroski F-Score of 4/9 indicates only stable health, while a crashing YoY earnings growth of -68.70% and a PEG ratio of 7.02 suggest the stock is severely overpriced relative to its growth profile. Furthermore, a dividend payout ratio of 98.85% leaves virtually no margin for error, making the current yield precarious. The combination of a 0/100 technical trend and deteriorating earnings fundamentals supports a bearish outlook.

Strengths
Strong profit margins (34.60%) and gross margins (68.58%)
Substantial market capitalization of $16.47B providing scale
Consistent dividend yield of 4.03%
Risks
Severe valuation premium over Graham and Intrinsic value estimates
Dramatic decline in YoY earnings growth (-68.70%)
Unsustainable dividend payout ratio (98.85%)
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

ESS vs PLD: Head-to-Head Comparison

This page compares Essex Property Trust, Inc. (ESS) 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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