Essex Property Trust, Inc. (ESS) vs Vivmark Residential (VMRK)

Essex Property Trust, Inc. and Vivmark Residential are both Reit Residential companies. Vivmark Residential is the larger, with a market value of $47.2B against $18.1B — 2.6× the size. Vivmark Residential trades at the lower P/E: 26.6× against 42.2×. Essex Property Trust, Inc. grew revenue faster over the last twelve months: 4.74% against 2.77%. Vivmark Residential has the higher net margin (27.9% vs 21.5%) and the higher return on invested capital (4.23% vs 3.23%). Both pay a dividend; Vivmark Residential yields more (4.58% vs 4.15%). Across the 23 metrics below, Vivmark Residential leads on 19 and Essex Property Trust, Inc. on 4.

Valuation

Metric ESS VMRK Reit Residential median
P/E 42.24 26.63 28.48
P/S 9.06 7.36 5.52
P/B 3.18 2.16 1.89
Price to free cash flow 23.96 12.12 18.04
EV/EBITDA 19.26 13.50 15.74
EV/Sales 12.50 9.98 8.08
Earnings yield 2.37% 3.76% 2.37%
Free cash flow yield 4.17% 8.25% 4.03%

Profitability

Metric ESS VMRK Reit Residential median
Gross margin 67.90% 62.34% 58.73%
Operating margin 32.55% 40.88% 20.57%
Net margin 21.48% 27.93% 20.81%
Free cash flow margin 37.81% 60.71% 20.24%
Return on equity 7.33% 7.99% 6.86%
Return on assets 3.17% 4.23% 3.17%
Return on invested capital 3.23% 4.23% 2.03%

Growth

Metric ESS VMRK Reit Residential median
Revenue growth (TTM) 4.74% 2.77% 2.66%
EPS growth (last fiscal year) (9.88%) 8.09% —
Revenue growth, 5-year CAGR 4.76% 3.77% 7.53%
Net income growth, 5-year CAGR 3.32% 4.20% 3.76%

Health

Metric ESS VMRK Reit Residential median
Debt to equity 1.22 0.77 0.78
Current ratio 0.60 0.19 0.54
Net debt to EBITDA 4.44 3.20 4.27

Dividend

Metric ESS VMRK Reit Residential median
Dividend yield 4.15% 4.58% 4.63%
Payout ratio 1.10 1.21 1.35

Size

Metric ESS VMRK Reit Residential median
Market cap 18.05b 47.24b 4.17b

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