WallStSmart

Essex Property Trust Inc (ESS)vsVeris Residential Inc (VRE)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Essex Property Trust Inc generates 560% more annual revenue ($1.94B vs $293.29M). ESS leads profitability with a 34.6% profit margin vs 25.7%. ESS appears more attractively valued with a PEG of 7.39. VRE earns a higher WallStSmart Score of 61/100 (C+).

ESS

Buy

53

out of 100

Grade: C-

Growth: 4.0Profit: 8.0Value: 4.7Quality: 5.0

VRE

Buy

61

out of 100

Grade: C+

Growth: 6.7Profit: 8.0Value: 7.3Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ESSSignificantly Overvalued (-269.3%)

Margin of Safety

-269.3%

Fair Value

$70.79

Current Price

$242.14

$171.35 premium

UndervaluedFair: $70.79Overvalued
VREUndervalued (+54.0%)

Margin of Safety

+54.0%

Fair Value

$35.57

Current Price

$18.93

$16.64 discount

UndervaluedFair: $35.57Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ESS3 strengths · Avg: 9.3/10
Profit MarginProfitability
34.6%10/10

Keeps 35 of every $100 in revenue as profit

Operating MarginProfitability
32.9%10/10

Strong operational efficiency at 32.9%

Price/BookValuation
2.8x8/10

Reasonable price relative to book value

VRE4 strengths · Avg: 8.8/10
EPS GrowthGrowth
269.4%10/10

Earnings expanding 269.4% YoY

Profit MarginProfitability
25.7%9/10

Keeps 26 of every $100 in revenue as profit

Price/BookValuation
1.5x8/10

Reasonable price relative to book value

Operating MarginProfitability
21.1%8/10

Strong operational efficiency at 21.1%

Areas to Watch

ESS3 concerns · Avg: 2.7/10
Revenue GrowthGrowth
3.2%4/10

3.2% revenue growth

PEG RatioValuation
7.392/10

Expensive relative to growth rate

EPS GrowthGrowth
-68.7%2/10

Earnings declined 68.7%

VRE4 concerns · Avg: 3.0/10
Revenue GrowthGrowth
4.6%4/10

4.6% revenue growth

Market CapQuality
$1.77B3/10

Smaller company, higher risk/reward

Return on EquityProfitability
6.0%3/10

ROE of 6.0% — below average capital efficiency

PEG RatioValuation
8.592/10

Expensive relative to growth rate

Comparative Analysis Report

WallStSmart Research

Bull Case : ESS

The strongest argument for ESS centers on Profit Margin, Operating Margin, Price/Book. Profitability is solid with margins at 34.6% and operating margin at 32.9%.

Bull Case : VRE

The strongest argument for VRE centers on EPS Growth, Profit Margin, Price/Book. Profitability is solid with margins at 25.7% and operating margin at 21.1%.

Bear Case : ESS

The primary concerns for ESS are Revenue Growth, PEG Ratio, EPS Growth.

Bear Case : VRE

The primary concerns for VRE are Revenue Growth, Market Cap, Return on Equity.

Key Dynamics to Monitor

VRE carries more volatility with a beta of 1.19 — expect wider price swings.

VRE is growing revenue faster at 4.6% — sustainability is the question.

ESS generates stronger free cash flow (195M), providing more financial flexibility.

Monitor REIT - RESIDENTIAL industry trends, competitive dynamics, and regulatory changes.

Bottom Line

VRE scores higher overall (61/100 vs 53/100), backed by strong 25.7% margins. Both earn "Buy" and "Buy" 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.

Veris Residential Inc

REAL ESTATE · REIT - RESIDENTIAL · USA

Veris Residential Inc. (VRE) is a prominent real estate investment trust (REIT) dedicated to acquiring, developing, and managing high-quality residential properties in key urban markets across the United States. With a strategic emphasis on sustainability and community engagement, the company has built a diversified portfolio that caters to a wide range of demographic segments. Veris Residential leverages its industry expertise to capitalize on the growing demand for modern living spaces, positioning itself for resilient performance and long-term value creation. By focusing on consistent rental income and potential capital appreciation, Veris Residential aims to provide robust returns for its investors in a dynamic housing market.

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