Mulya.ai
Ticker
ESS
Scenario
Key Inputs
Revenue est.?Analysttaper yr4
OP margin est.?Analyst
Reinvestment est.?projected
R&D capitalizedNo
Leases factoredNo
Key Assumptions
WACC ?7.8%
ERP ?4.5%
Risk-free rate ?4.1%
Beta (blended) ?0.722
Beta (levered) ?1.032
Terminal OM% ?36.2%
Segment conc. ?100% dominant
Terminal growth ?4.1%
Bond rating ?A- · 1.45%
ROIC option ?Opt 1 · 8.6%
Prob of failure ?0.0%
Pipeline validated · 2026-05-17

ESS · Essex Property Trust, Inc.

$247.342026-05-17
Sector: Real Estate; Industry: REIT - Residential; Sub-Industry: Multi-Family Residential REITs

Intrinsic Value Range Comparison · Mulya.ai

Bull
$14
-94.3% vs market
Base · active
$0
-112.5% vs market
Bear
$0
-111.1% vs market
Mulya.ai vs Analyst IV Comparison?
Bear $-27
Base $-31
Bull $14
Market $247
Median $280
Market Price $247
Mulya.ai Base $-31
Analysts Median $280
Mulya.ai IV range ($-27 · $14)
Analysts Range ($271 · $292)
Fundamentals · historical + forward · base
italics = DCF projection
PeriodRevenueRev Gr ?Ops M% ?Tax Rate ?NOPAT ?
Reinvest ?
FCFF ?WACC% ?PV FCFF ?ROIC ?Inv. Cap ?EPS ?P/E
2021.Q4$1.4B36.8%2.0%$520MM$126MM$645MM6.2%4.3%$12.0B$7.58
2022.Q4$1.6B11.5%37.0%0.0%$605MM$227MM$833MM7.7%5.1%$11.5B$6.33
2023.Q4$1.7B3.9%35.0%0.0%$584MM$369MM$953MM7.4%5.2%$11.1B$6.30
2024.Q4$1.8B6.3%39.6%0.0%$703MM$492MM$1.2B8.2%6.1%$12.0B$11.50
2025.Q4$1.9B7.1%43.9%0.0%$834MM$515MM$1.3B7.9%6.9%$12.2B$10.4319.1
italics below = DCF projection · 10yr Rev CAGR: 4.4%
2026.Q4$1.9B+2.5%44.4%2.0%$847MM−$533MM$315MM7.8%$292MM6.8%$12.7B$13.1518.8
2027.Q4$2.0B+3.5%44.4%4.0%$859MM−$607MM$252MM7.9%$217MM6.6%$13.3B$13.3318.6
2028.Q4$2.1B+5.5%44.4%6.0%$887MM−$833MM$55MM8.0%$43MM6.5%$14.2B$13.7718.0
2029.Q4$2.2B+5.3%44.4%8.0%$915MM−$2.2B−$1.3B8.1%−$964MM6.0%$16.4B$14.1917.4
2030.Q4$2.4B+5.1%44.4%10.0%$940MM−$1.3B−$383MM8.2%−$261MM5.5%$17.7B$14.5917.0
Term. Yr+$3.1B4.1%36.2%20.0%$884MM−$421MM$463MM8.6%$4.7B8.6%
Active scenario IV: $0 (-112.5% vs market)