Morningstar Analyst Rating Page 1 of 5 Last Price Day Change Open Price Day Range 52-Week Range Proj. Yield Market Cap Volume Avg Vol. Forward P/E P/B P/S P/CF $ 18.52 [-0.78-4.04 % $ 19.10 18.44-19.39 15.62-21.28 4.35 3.56 bil 1.7 mil 2.3 mil 19.30 4.34 2.94 8.3 Stock Price 2018-01-01-2018-02-05 XNYS:STAY: -0.48-2.53% 2018 Morningstar s Take Key Stats Stock Ind Avg Price/Earnings TTM 48.3 45.5 Price/Book 4.3 9.2 Price/Sales TTM 2.9 2.6 Rev Growth (3 Yr Avg) 3.9 7.6 Net Income Growth (3 Yr Avg) -6.8 1.6 Operating Margin % TTM 26.7 12.8 Net Margin % TTM 5.8 5.6 ROA TTM 1.8 3.7 ROE TTM 8.3 17.1 Debt/Equity 3 2.1 Financials 30.00 20.00 10.00 Fair Value Estimate $ - Consider Buying $ - Consider Selling $ - Fair Value Uncertainty Economic Moat Stewardship Growth C Profitability X Morningstar Credit Rating Relative to Industry - Avg + Annual Quarterly Income Statement 2016-12 2015-12 2014-12 2017-09 2016-09 Revenue 1,271 1,285 1,213 351 355 Operating Income 361 500 349 118 121 Net Income 70 113 40 54 47 Earnings Per Share 0.35 0.55 0.19 0.28 0.23 Shares Outstanding 201 205 205 193 201 Balance Sheet Current Assets 127 476 221 165 199 Non Current Assets 4,054 4,053 4,260 3,946 4,058 Total Assets 4,180 4,529 4,481 4,111 4,257 Current Liabilities 193 244 172 219 220 Total Liabilities 3,385 3,649 3,692 3,257 3,329 Stockholders' Equity 795 880 790 854 928 Dividends Declared Date 07/11/2017 Ex-Dividend Date 20/11/2017 Latest Indicated Dividend Amount 0.21 Projected Yield 4.35 % Recent Dividends & Type Amount Splits 11/20/2017 Cash Dividends 0.2100 08/11/2017 Cash Dividends 0.2100 05/09/2017 Cash Dividends 0.2100 03/10/2017 Cash Dividends 0.1900 Competitors Name Price % Chg TTM Sales $ mil Extended Stay America $18.52-4.04 [ 1,276 Inc Marriott International Inc Class A $136.34-3.42 [ 22,475 Hilton Worldwide Holdings Inc $79.91-3.32 [ 12,981 Accor SA $54.82-3.90 [ 2,281 Accor SA ADR $10.79-1.42 [ 2,281 InterContinental Hotels Group PLC $68.10 0.15 ] 1,734 Recommendations Current 5.0 Total Analysts: 1 5.0 3.0 1.0 Buy Hold Sell Ownership Fund Owners Star Rating % Shares Held % Total Assets CI Cambridge Canadian Dividend A QQQQQ 0.88 3.59 CI Cambridge US Dividend QQQ 0.45 4.63 D CI Cambridge Global Eq QQQ 0.42 0.99 Corp Cl ET8 CI Cambridge Global QQQ 0.41 2.62 Dividend O United US Equity Alpha Corp Cl WT8 QQ 0.29 1.93 Insiders % Change TTM % Shares Outstanding Jonathan S. Halkyard -11,153 0.16 Douglas G. Geoga 10,858 0.07 Richard F. Wallman 7,121 0.06 M. Thomas Buoy 5,666 0.06 Kevin A. Henry 4,166 0.03 Cash Flow Cash From Operations 418 429 370 149 146 Capital Expenditures -225-205 -173-40 -57
Morningstar Analyst Rating Page 2 of 5 Last Price Day Change Open Price Day Range 52-Week Range Proj. Yield Market Cap Volume Avg Vol. Forward P/E P/B P/S P/CF $ 18.52 [-0.78-4.04 % $ 19.10 18.44-19.39 15.62-21.28 4.35 3.56 bil 1.7 mil 2.3 mil 19.30 4.34 2.94 8.3 Financials Annual Quarterly Free Cash Flow 193 224 197 109 89 In millions except "EPS". Currency in USD.
Page 3 of 5 Industry Classification NAICS Hotels (except Casino Hotels) and Motels (721110) SIC Hotels and Motor Hotels (9111);Hotels and Motels (7011) ISIC Short Term Accommodation Activities (5510) Operation Details Fiscal Year Ends 2017-12-31 CIK 1581164 Year Established Employees (31/12/2016) Full Time 4,300 Part Time 3,600 Auditor (31/12/2016) Deloitte & Touche LLP Legal Advisor () Key Executives Jonathan S. Halkyard/Director, President and Chief Executive Officer; Douglas G. Geoga/Chairman of the Board of the Company and ESH REIT; M. Thomas Buoy/Executive Vice President, Marketing and Revenue Management; Kevin A. Henry/Chief Human Resources Officer; Simon Mendy/Executive Vice President of Operations; Howard Weissman/Chief Accounting Officer of the Company and ESH REIT, Controller of ESH REIT; John Dent/General Counsel and Corporate Secretary of Company and ESH REIT; David Clarkson/Interim Chief Financial Officer, Vice President, Financial Planning and Analysis and Treasurer; James G. Alderman/Chief Asset Merchant of the Corporation and ESH REIT; Ames B. Flynn/Chief Information Officer Company Profile Extended Stay America Inc owns & operates companybranded hotels in North America. Its business operates in the extended stay lodging industry. It operates hotels under brand names Extended Stay America, Extended Stay Canada & Crossland Economy Studios. 30-day Avg Volume Market Cap Net Income Sales Sector Industry Stock Style Direct Investment Dividend Reinvestment 1.8Mil 3.7Bil 74.4Mil 1.3Bil Consumer Cyclical Lodging 3 Small Value No No
Page 4 of 5 Industry Peers Morningstar Rating Market Cap $Mil Net Income $Mil P/S P/B P/E Dividend Yield% 5 Yr Rev CAGR% Med Oper. Margin% Interest Coverage Extended Stay America Inc 3,711 74 2.9 4.3 48.2 4.2 6.2 28.4 2.2 3.0 Marriott International Inc (USD) Q 51,467 1,415 2.4 11.4 38.6 0.9 6.7 8.0 6.1 1.8 Hilton Worldwide Holdings Inc (USD) QQ 26,443 32 2.1 18.3 69.5 0.7 5.8 15.9 3.1 4.5 Accor SA (USD,EUR) 16,578 268 7.1 2.5 51.6 2.1-22.0 11.0 3.4 0.5 Accor SA (USD,EUR) 16,578 268 6.8 2.4 49.5 2.2-22.0 11.0 3.4 0.5 InterContinental Hotels Group PLC (USD) 12,717 433 7.4 30.2 0.5-0.6 36.6 9.1 InterContinental Hotels Group PLC (USD) QQ 12,717 433 7.1 29.0 1.5-0.6 36.6 9.1 Wyndham Worldwide Corp (USD) QQ 12,278 586 2.2 19.7 21.8 1.9 5.6 18.3 7.9 9.1 China Lodging Group Ltd (USD,CNY) 10,013 1,133 8.4 10.0 56.4 0.4 23.8 9.1 98.5 0.6 Hyatt Hotels Corp (USD) QQ 9,428 214 2.2 2.6 47.5 3.7 6.3 4.8 0.4 City Developments Ltd (USD,SGD) 9,242 595 3.4 1.3 20.8 3.5 27.6 7.5 0.4 City Developments Ltd (USD,SGD) 9,242 595 3.3 1.2 20.5 0.6 3.5 27.6 7.5 0.4 Shangri-La Asia Ltd (USD) 8,296 171 3.7 1.2 44.1 0.5 1.5 10.6 2.3 0.8 Shangri-La Asia Ltd (USD) 8,296 171 4.1 1.4 49.1 0.8 1.5 10.6 2.3 0.8 Choice Hotels International Inc (USD) QQQ 4,504 153 4.6 29.5 1.1 7.6 27.1 5.5 Great Eagle Holdings Ltd (USD,HKD) 3,654 4,963 3.2 0.5 5.6 1.2 12.7 36.9 9.7 0.5 Melia Hotels International SA (USD,EUR) 3,174 122 1.4 1.7 21.5 6.2 9.4 4.5 0.4 Mandarin Oriental International Ltd (USD) 2,769 47 4.5 2.2 57.1 1.2-0.6 16.7 7.8 0.4 Mandarin Oriental International Ltd (USD) 2,769 47 4.6 2.2 58.1 1.8-0.6 16.7 7.8 0.4 NH Hotel Group SA (USD,EUR) 2,625 33 1.0 1.3 200.3 1.5-2.0 2.0 0.7 The Hongkong and Shanghai Hotels Ltd (USD,HKD) 2,397 996 3.3 0.5 18.9 2.4 16.5 7.9 0.2 The Hongkong and Shanghai Hotels Ltd (USD,HKD) 2,397 996 3.4 0.5 19.6 0.2 2.4 16.5 7.9 0.2 H.I.S. Co Ltd (USD,JPY) 2,157 13,259 0.4 2.7 19.2 7.0 2.7 46.3 1.9 Belmond Ltd (USD) 1,474-8 2.2 2.0 0.0 9.3 2.4 1.0 Dalata Hotel Group PLC (USD,EUR) 1,333 47 2.7 1.3 18.4 52.8 8.1 6.9 0.4 Webjet Ltd (USD,AUD) 991 52 4.5 4.9 17.1 2.2 28.1 17.8 19.2 0.2 GL Ltd (USD) 854 53 2.2 0.8 14.0 2.7-3.7 19.4 6.6 0.2 GL Ltd (USD) 854 53 2.4 0.8 14.9-3.7 19.4 6.6 0.2 Rezidor Hotel Group AB (USD,EUR) 530 27 0.4 1.7 16.9 1.7 2.1 3.3 3.3 Hoteles City Express SAB de CV (USD,MXN) 501 241 3.9 1.3 38.2 23.3 17.7 3.1 0.4 Emperor Entertainment Hotel Ltd (USD,HKD) 297 359 1.6 0.8 10.8 3.8-2.0 38.8 29.0 0.1 Keck Seng Investments (Hong Kong) Ltd (USD,HKD) 295 168 1.2 0.6 13.6 1.8 10.6 23.4 11.4 Red Lion Hotels Corp (USD) 245-3 1.3 1.6 4.4 1.1 0.3 0.6 easyhotel PLC (USD,GBP) 164 0 13.1 1.6 160.8 0.3 17.3 10.4 0.2 Holloway Lodging Corp (USD,CAD) 88 3 1.0 1.0 29.9 2.4 6.6 15.7 0.8 1.6 Asia Travel Corp (USD) 10 0 18.4-168.4-8.2 SunVesta Inc (USD) 2-10 -0.6 Castle Group Inc (USD) 2 0 0.1 1.7 0.3 3.4 3.0 3.9 Skytop Lodge Corp Shanghai Jin Jiang Int'l Hotels Group Co Ltd (USD,CNY) 761 6.1 13.8 3.4 1.6 Dan Hotels Ltd (USD,ILS) 162 19.3 72.3 0.5 Mexan Ltd (USD,HKD) -10-2.6 34.7 3.4 Earthworks Entertainment Inc (USD) -2-1.8 Candlewood Hotel Co Inc (USD) -28 200.3 110.8 24.1 Carolina Co at Pinehurst Inc Surety Holdings Corp (USD) 0 25.0 67.7 0.0 Haz Holdings Inc Shun Ho Property Investments Ltd (USD,HKD) 474 2.7 0.3 5.2 1.9 8.0 53.3 46.4 0.1 Shun Ho Holdings Ltd (USD,HKD) 239 8.0 53.1 38.8 0.1 Indian Hotels Co Ltd (USD,INR) 503 3.1-5.6 1.1 1.1 D/E
Page 5 of 5 Industry Peers Southern States Sign Co (USD,EUR) -10 0.1 0.0-140.3-4.0 1.7 Snoozebox Holdings PLC (USD,GBP) -7 6.4 1.0-196.2-4.9 Hotel Shilla Co Ltd (USD,KRW) 19,852 15.6 3.8 2.6 1.0 Design Hotels AG (USD,EUR) 1 14.6 9.3 Industry Average 6,344 979 2.6 9.2 45.5 1.0 7.9 6.5 12.0 2.1