WallStSmart

Essex Property Trust Inc (ESS)vsMid-America Apartment Communities Inc (MAA)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Mid-America Apartment Communities Inc generates 13% more annual revenue ($2.21B vs $1.97B). ESS leads profitability with a 29.1% profit margin vs 17.6%. MAA appears more attractively valued with a PEG of 7.03. ESS earns a higher WallStSmart Score of 53/100 (C-).

ESS

Buy

53

out of 100

Grade: C-

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

MAA

Hold

50

out of 100

Grade: D+

Growth: 3.3Profit: 7.0Value: 3.3Quality: 3.3
Piotroski: 2/9Altman Z: 0.78
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
MAAFair Value (-4.4%)

Margin of Safety

-4.4%

Fair Value

$130.28

Current Price

$125.71

$4.57 premium

UndervaluedFair: $130.28Overvalued

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

MAA2 strengths · Avg: 8.0/10
Price/BookValuation
2.6x8/10

Reasonable price relative to book value

Operating MarginProfitability
26.6%8/10

Strong operational efficiency at 26.6%

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%

MAA4 concerns · Avg: 3.5/10
P/E RatioValuation
39.4x4/10

Premium valuation, high expectations priced in

Revenue GrowthGrowth
0.8%4/10

0.8% revenue growth

Return on EquityProfitability
6.7%3/10

ROE of 6.7% — below average capital efficiency

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

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 : MAA

The strongest argument for MAA centers on Price/Book, Operating Margin. Profitability is solid with margins at 17.6% and operating margin at 26.6%.

Bear Case : ESS

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

Bear Case : MAA

The primary concerns for MAA are P/E Ratio, Revenue Growth, Return on Equity.

Key Dynamics to Monitor

ESS profiles as a mature stock while MAA is a value play — different risk/reward profiles.

MAA carries more volatility with a beta of 0.76 — expect wider price swings.

ESS is growing revenue faster at 6.4% — sustainability is the question.

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

Bottom Line

ESS scores higher overall (53/100 vs 50/100), backed by strong 29.1% margins. Both earn "Buy" and "Hold" 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.

Mid-America Apartment Communities Inc

REAL ESTATE · REIT - RESIDENTIAL · USA

Mid-America Apartment Communities (MAA) is a publicly traded real estate investment trust based in Memphis, Tennessee that invests in apartments in the Southeastern United States and the Southwestern United States.

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