COMP <GO>
ARI vs ESRT // EV/EBITDA & P/E VALUATION
Apollo Commercial Real Estate Finance Inc (NYSE) VS. Empire State Realty Trust Inc. (Class A) (NYSE) • 15-METRIC TALLY: ARI 1
— ESRT 5
■ METRIC PARITY
LAST: $6.45 (-1.68%) • MKT CAP: $827.0M
valuation
—
LAST: $5.05 (+1.61%) • MKT CAP: $869.4M
valuation
5.4x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (ARI VS. ESRT)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | ARI | ESRT | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 6.80% | 11.60% | -4.80 | ESRT | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | — | 5.4x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 17.23% | — | — | TIE | /fcf-yield <GO> |
| Operating Margin | — | 17.70% | — | TIE | /operating-margins <GO> |
| Net Profit Margin | 46.70% | — | — | TIE | /net-margins <GO> |
| Revenue Growth (YoY) | -10.60% | 0.00% | -10.60 | ESRT | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 2.73% | -2.73 | ESRT | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 5/9 | 2/9 | +3.00 | ARI | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 8.5 | 63.0 | -54.48 | ESRT | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | 6.0x | — | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $827.0M | $869.4M | -$42.5M | ESRT | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | ARI REV | ESRT REV | ARI GROSS % | ESRT GROSS % | ARI FCF | ESRT FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $271.6M | $766.8M | — | — | $142.5M | $249.1M |
| FY 2024 | $303.7M | $766.8M | — | — | $200.3M | $260.9M |
| FY 2023 | $344.6M | $738.2M | — | — | $273.9M | $232.5M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
ARI // BETA —
ESRT // BETA —