ESBA vs IRS Stock Comparison

Empire State Realty OP and Irsa Investments & Representations Prices as of Oct 26, 2026 Peers: Industry group

Head to Head

6 decided of 12

Irsa Investments & Representations leads on 5 of the 12 questions below (Irsa Investments & Representations 5, Empire State Realty OP 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionESBAIRSLeader
Larger companyMarket capitalisation $1.31B $1.14B ESBA
Cheaper on earningsLower P/E, profitable companies only 259.5x 4.2x IRS
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 78.7x –
Faster revenue growthRevenue growth, trailing twelve months +2.0% — –
More profitableNet margin, trailing twelve months 0.6% — –
Better return on capitalReturn on invested capital -1.1% — –
Less leveragedLower net debt / EBITDA 5.0x — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -39.1% +20.2% IRS
Better 5-year returnAnnualised price return, 5 years -14.3%/yr +21.1%/yr IRS
Less volatileAnnualised volatility, 1 year 51.8% 40.9% IRS
Higher overall scoreMean of the five percentile scores vs peers 33/100 87/100 IRS

Percentile Scorecard

ESBAIRS

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisESBAIRS
Valuation 69 #45 of 145 98 #4 of 145
Growth 2 #139 of 142 –
Profitability 26 #101 of 136 –
Financial Health 60 #56 of 139 68 #45 of 139
Shareholder Returns 9 #120 of 131 95 #7 of 131
Overall 33 87
  • ESBA ranked among 149 companies in Property REITs
  • IRS ranked among 149 companies in Property REITs

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodESBAIRSSPY
1 month +20.8%-3.9% -0.8%
3 months -13.1%-8.9% +3.5%
6 months -13.7%-2.6% +7.0%
Year to date -23.3%-14.3% +12.2%
1 year -39.1%+20.2% +13.0%
3 years -38.8%+125.3% +86.3%
3 years, per year -15.1%+31.1% +23.1%
5 years -53.8%+159.9% +68.6%
5 years, per year -14.3%+21.1% +11.0%
10 years -75.4%-32.4% +258.0%
10 years, per year -13.1%-3.8% +13.6%

Risk

MeasureESBAIRSSPY
Volatility, 1Y 51.8%40.9% 12.7%
Downside volatility, 1Y 61.1%39.3% 12.7%
Beta vs S&P 500, 1Y 0.421.17 1.00
Return / volatility, 1Y -0.750.49 1.02
Max drawdown, 5Y -66.4%-37.9% -25.4%
From 52-week high -37.7%-23.0% -1.8%
52-week high $7.75$18.41 $779.14
52-week low $3.85$13.20 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleESBAIRS
P/E now vs peer median 256.9xmedian 27.4x 4.2xmedian 27.4x
P/S now vs peer median 1.7xmedian 4.2x 2.7xmedian 4.2x
EV/EBITDA now vs peer median 12.5xmedian 14.2x —median 14.2x
P/FCF now vs peer median -3.0xmedian 23.2x 11.1xmedian 23.2x
P/B now vs peer median 0.7xmedian 1.3x 0.7xmedian 1.3x
PEG now vs peer median -4.30median 2.11 —median 2.11

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsESBAIRS
Revenue $784.18M –
Operating income -$34.52M –
Net income $9.26M –
Free cash flow -$437.31M –
EPS (diluted) $0.02 –
Cash & equivalents $85.61M $76.28M
Total debt $4.54B $3.24B
Shares (diluted) 268.95M 77.90M
Enterprise value $871.27M $85.38M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricESBAIRS
P/E 256.9x 4.2x
P/FCF -3.0x 11.1x
P/Operating cash flow 5.7x –
P/S 1.7x 2.7x
P/B 0.7x 0.7x
P/Tangible book 0.7x 0.7x
EV/EBITDA 12.5x –
EV/EBIT -62.8x –
EV/Revenue 2.8x –
EV/FCF -5.0x –
EV/Operating cash flow 9.5x –
PEG (3Y EPS CAGR) -4.30 –

Growth

14 metrics
MetricESBAIRS
Revenue growth (1Y) 2.0% –
Revenue CAGR (3Y) 2.9% –
Gross profit growth (1Y) – –
Gross profit CAGR (3Y) – –
Operating income growth (1Y) -123.1% –
Operating income CAGR (3Y) -31.0% –
Net income growth (1Y) -86.5% –
Net income CAGR (3Y) -51.3% –
EPS growth (1Y) -92.1% –
EPS CAGR (3Y) -59.8% –
Operating cash flow growth (1Y) -13.3% –
Operating cash flow CAGR (3Y) -0.8% –
Free cash flow growth (1Y) -169.4% –
Free cash flow CAGR (3Y) -149.9% –

Profitability

14 metrics
MetricESBAIRS
Gross margin – –
EBITDA margin 22.1% –
Operating margin -4.4% –
Pretax margin 1.3% –
Net margin 0.6% –
FCF margin -55.8% –
Operating cash flow margin 29.0% –
Return on equity 0.5% –
Return on assets 0.2% –
Return on invested capital -1.1% –
Return on capital employed – –
Asset turnover 0.2x –
Cash conversion (OCF / net income) 24.6x –
Stock comp / revenue 3.9% –

Financial Health

11 metrics
MetricESBAIRS
Debt / assets 22.4% 37.9%
Debt / equity 0.5x 0.8x
Net debt / EBITDA 5.0x –
Debt / FCF -2.2x –
Liabilities / assets 58.1% 50.1%
Equity / assets 41.9% 49.9%
Interest coverage -0.3x –
Current ratio – 1.8x
Quick ratio – 1.7x
Cash ratio – 1.3x
Altman Z-score – –

Shareholder Returns

7 metrics
MetricESBAIRS
Dividend yield 3.3% 10.0%
Net buyback yield – –
Shareholder yield 3.3% 10.0%
Payout ratio (earnings) – –
Payout ratio (FCF) – –
Dividend growth (1Y) – –
Dividend CAGR (3Y) – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusESBAIRS
Forward P/E – 78.7xFY2027
EPS, next fiscal year – $0.18FY2027
EPS growth, next FY – -50.0%FY2027
EPS growth, the year after – -16.7%
Revenue, next fiscal year – $436.40MFY2027
Revenue growth, next FY – +0.1%FY2027
Revenue growth, the year after – -1.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersESBAIRS
Held by institutions – 17.2%
Institutions holding – 68
Change in shares held, QoQ – +8.0%
Institutions buying – 34
Institutions selling – 11
Buyers to sellers – 3.09

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ESBAIRS
ESBA 1.00 0.18
IRS 0.18 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ESBA and IRS?

Empire State Realty OP (ESBA) is the largest by market capitalisation: Empire State Realty OP (ESBA) $1.31B, Irsa Investments & Representations (IRS) $1.14B.

Which stock is cheaper, ESBA and IRS?

Irsa Investments & Representations (IRS) trades on the lowest price-to-earnings ratio (Empire State Realty OP (ESBA) 259.5x, Irsa Investments & Representations (IRS) 4.2x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which stock has performed better?

Over the past year Irsa Investments & Representations (IRS) returned the most: Empire State Realty OP (ESBA) -39.1%, Irsa Investments & Representations (IRS) +20.2%. Over five years, Irsa Investments & Representations (IRS) compounded fastest (Empire State Realty OP (ESBA) -14.3%/yr, Irsa Investments & Representations (IRS) +21.1%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Irsa Investments & Representations (IRS) has been the steadiest (Empire State Realty OP (ESBA) 51.8%, Irsa Investments & Representations (IRS) 40.9%). Volatility measures how widely the price swings, not the risk of the business.

Do ESBA and IRS move together?

Their daily returns over the past year have a correlation of 0.18, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, ESBA and IRS?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Irsa Investments & Representations (IRS) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.