Mulya.ai
Ticker
ESS
Scenario
Key Inputs
Revenue est.?Analysttaper yr3
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) ?0.729
Beta (levered) ?0.990
Terminal OM% ?36.2%
Segment conc. ?100% dominant
Terminal growth ?4.1%
Bond rating ?BBB · 1.75%
ROIC option ?Opt 1 · 8.6%
Prob of failure ?0.0%
Pipeline validated · 2026-07-21

ESS · Essex Property Trust, Inc.

$295.342026-07-21
Sector: Real Estate; Industry: REIT - Residential; Sub-Industry: Multi-Family Residential REITs

Intrinsic Value Range Comparison · Mulya.ai

Bull
$13
-95.4% vs market
Base · active
$0
-109.0% vs market
Bear
$0
-109.0% vs market
Mulya.ai vs Analyst IV Comparison?
Bear $-27
Base $-27
Bull $13
Median $290
Market $295
Market Price $295
Mulya.ai Base $-27
Analysts Median $290
Mulya.ai IV range ($-27 · $13)
Analysts Range ($277 · $320)
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
2024.Q1$1.7B35.0%0.0%$584MM$367MM$952MM7.8%5.1%$11.5B$6.30
2024.Q4$1.7B0.0%35.0%0.0%$584MM$492MM$1.1B8.2%5.0%$12.0B$6.30
2025.Q1$1.8B6.3%39.6%0.0%$703MM$489MM$1.2B8.1%5.8%$12.2B$11.50
2025.Q4$1.8B0.0%39.6%0.0%$703MM$515MM$1.2B7.9%5.8%$12.2B$11.50
2026.Q1$1.9B7.5%38.4%0.0%$732MM$492MM$1.2B7.9%6.0%$12.2B$8.9326.0
italics below = DCF projection · 10yr Rev CAGR: 3.7%
2027.Q1$2.0B+3.1%44.4%2.0%$855MM−$526MM$330MM7.9%$306MM6.9%$12.7B$13.2722.3
2028.Q1$2.0B+3.4%44.4%4.0%$867MM−$526MM$341MM8.0%$292MM6.7%$13.2B$13.4422.0
2029.Q1$2.1B+3.5%44.4%6.0%$878MM−$499MM$379MM8.0%$301MM6.5%$13.7B$13.6221.7
2030.Q1$2.2B+3.6%44.4%8.0%$890MM−$2.1B−$1.2B8.1%−$886MM6.0%$15.8B$13.8121.4
2031.Q1$2.3B+3.6%44.4%10.0%$902MM−$1.1B−$180MM8.2%−$122MM5.5%$16.9B$14.0021.1
Term. Yr+$2.8B4.1%36.2%20.0%$825MM−$393MM$432MM8.6%$4.4B8.6%
Active scenario IV: $0 (-109.0% vs market)