EN DE
STOCK COMPARISON

Empire State Realty Trust vs Goodman: Fair Value & Quality

Both stocks run through our valuation models. Here is how Empire State Realty Trust (ESRT) and Goodman (GMG) compare, as of Aug 10, 2026.

As of Aug 10, 2026, Fair Value Calculator sees Empire State Realty Trust as the less overvalued of the two: Empire State Realty Trust trades at $4.84 versus a fair value of $2.87 (-41%), while Goodman trades at A$29.95 versus A$7.37 (-75%).
Empire State Realty Trust
ESRT · USD · Real Estate
-41%
upside to fair value
overvalued
Price$4.84
Fair Value$2.87
Quality39/100
Goodman
GMG.AU · AUD · Real Estate
-75%
upside to fair value
overvalued
PriceA$29.95
Fair ValueA$7.37
Quality61/100

Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

Empire State Realty TrustGoodman
Valuation
25.0×P/E (TTM)35.5×
2.07×P/S (TTM)13.96×
1.51×P/B1.86×
10.4×EV/EBITDA24.5×
37.36×PEG2.72×
2.7%Dividend yield1.0%
$0.14Dividend per shareA$0.30
Profitability
5%Net margin55%
16%Operating margin56%
3%Return on equity8%
2%Return on assets4%
Growth
5%Revenue growth (YoY)-16%
2.8%Avg. growth/yr (3Y)2.4%
4.7%Avg. growth/yr (5Y)8.1%
Balance & size
1.78×Debt / equity0.20×
$2BMarket cap$43B
expensiveGrowth qualityhealthy

Even match: 7 to 7 metric wins.

Dash = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

Empire State Realty Trustof which business quality 40 · market factors 21 Goodmanof which business quality 61 · market factors 43
ProfitabilityMargins and returns on capital today
18
38
Quality GrowthAre margins and returns improving?
32
62
CashflowEarnings quality: real cash, not paper profit
60
76
Fin. StrengthBalance sheet, leverage, solvency risk
11
74
InvestmentDisciplined investing over empire-building
57
57
Low VolatilityCalm price path (market factor)
44
65
MomentumPrice trend over the last 3–12 months (market factor)
18
36
52W MomentumDistance to the 52-week high (market factor)
0
32
Net IssuanceBuybacks instead of dilution
80
55

What the models say

The median fair value (base case) per model family, each in the currency of its trading venue. Green = above the current price, red = below.

Empire State Realty Trust

DCF Models$6.51
Multiples$3.00
Asset-Based$2.63
Economic Profit$2.72

7 of 9 models see the stock below the current price.

Goodman

DCF ModelsA$7.40
Dividend DiscountA$4.92
MultiplesA$6.55
Asset-BasedA$7.64
Growth DCFA$8.19
Economic ProfitA$9.80

16 of 16 models see the stock below the current price.

Scenario ranges

From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.

Empire State Realty Trust
Bear $2.15Fair Value $2.87Bull $3.59
$4.84 = current price (white tick)
Goodman
Bear A$4.54Fair Value A$7.37Bull A$10.49
A$29.95 = current price (white tick)

Compare two other stocks

Tap a field and type again, ticker or company name.

Free, no sign-up

Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Empire State Realty Trust · Real Estate

Quality score39 · bottom 25%
Fair value upside-41% · bottom 25%

Goodman · Real Estate

Quality score61 · Top 25%
Fair value upside-75% · bottom 25%

Bottom line

As of Aug 10, 2026, Fair Value Calculator sees Empire State Realty Trust as the less overvalued of the two: Empire State Realty Trust trades at $4.84 versus a fair value of $2.87 (-41%), while Goodman trades at A$29.95 versus A$7.37 (-75%).

Goodman has the higher quality score (61/100).

See the full analysis →

More comparisons

Popular match-ups from the same sectors, all with fair value and quality score.

Free · Top-25 report

See the undervalued quality stocks every month

Just your email for the monthly Top-25 report of the most undervalued quality stocks, with fair value, quality and price target. Plus 14 days of Pro to try, no card.

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click. Not financial advice.

A model-based valuation snapshot from 21 models. Values change with price and fundamentals; the date shown above applies.