SL Green Realty Corp. (SLG) Valuation — DCF, Graham & Comparables

SL Green Realty Corp. (SLG) — Price $48.01 — Real Estate — REIT - Office — NYSE

Latest reported results:

Valuation dashboard for SL Green Realty Corp. (SLG) with P/E N/A, P/B 1.08, EV/EBITDA 17.17 and dividend yield 4.85%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Real Estate companies.

SL Green Realty Corp., an S&P 500 listed company, is recognized as Manhattan's premier office landlord. Operating as a fully integrated Real Estate Investment Trust (REIT), its core strategy involves the acquisition, management, and value maximization of commercial properties across Manhattan. By December 31, 2020, SL Green had interests in 88 buildings, totaling 38.2 million square feet.

Analysis Summary

SL Green Realty Corp. reported revenue of $1.00B in the most recent fiscal year, growing at a 5-year CAGR of -0.5%.

Trailing-twelve-month margins: gross margin 51.1%, operating margin 40.9%, net margin -16.6%.

At the current price of $48.01, SLG has negative trailing earnings (P/E not meaningful) and an ROE of -4.61%. Market capitalisation stands at $3.4B.

Balance sheet quality for SLG: current ratio of 1.0. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

Price / Book1.08
EV / EBITDA17.17
Dividend Yield4.85%

Valuation Models

DCF Fair Value$-13.96
vs Current Price-129.1%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
SLGSL Green Realty Corp.$3.5B1.08-4.6%
BXPBXP, Inc.$9.6B32.501.865.8%
AREAlexandria Real Estate Equities, Inc.$8.3B0.57-5.7%
KRCKilroy Realty Corporation$3.9B23.350.753.2%
HIWHighwoods Properties, Inc.$3.2B19.521.376.7%

Price

Price$48.01
Market Cap$3.4B
ExchangeNYSE
CountryUS

Profitability

Return on Equity-4.61%
Return on Invested Capital3.57%
Return on Assets-1.46%
Gross Margin51.12%
Operating Margin40.90%
Net Margin-16.65%

Related companies: ARE · BDN · BXP · CIO · DEI · HIW · HPP

Explore sector: Real Estate · REIT - Office

More sections of SLG: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

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