SL Green Realty Corp. Fundamental Analysis (NYSE: SLG-PI)
SL Green Realty Corp. (NYSE: SLG-PI) shows moderate financial fundamentals with a PE ratio of -21.55, profit margin of -16.65%, and ROE of -4.61%. The company generates $2.3B in annual revenue with strong year-over-year growth of 41.96%.
Key Strengths
Areas of Concern
The stock receives a Fundamental Health Score of 23.8/100 based on profitability, valuation, growth, and balance sheet metrics. The F grade reflects weak fundamentals and significant financial concerns.
Fundamental Health Score
We analyze SLG-PI's fundamental strength across five key dimensions:
Efficiency Score
WeakSLG-PI struggles to generate sufficient returns from assets.
Valuation Score
ExcellentSLG-PI trades at attractive valuation levels.
Growth Score
ModerateSLG-PI shows steady but slowing expansion.
Financial Health Score
ModerateSLG-PI shows balanced financial health with some risks.
Profitability Score
WeakSLG-PI struggles to sustain strong margins.
Key Financial Metrics
Is SLG-PI Expensive or Cheap?
P/E Ratio
SLG-PI trades at -21.55 times earnings. This suggests potential undervaluation.
PEG Ratio
When adjusting for growth, SLG-PI's PEG of 0.01 indicates potential undervaluation.
Price to Book
The market values SL Green Realty Corp. at 1.22 times its book value. This may indicate undervaluation.
EV/EBITDA
Enterprise value stands at 6.40 times EBITDA. This is generally considered low.
How Well Does SLG-PI Make Money?
Net Profit Margin
For every $100 in sales, SL Green Realty Corp. keeps $-16.65 as profit after all expenses.
Operating Margin
Core operations generate 40.90 in profit for every $100 in revenue, before interest and taxes.
ROE
Management delivers $-4.61 in profit for every $100 of shareholder equity.
ROA
SL Green Realty Corp. generates $-1.46 in profit for every $100 in assets, demonstrating efficient asset deployment.
Following the Money - Real Cash Generation
Operating Cash Flow
SL Green Realty Corp. produces operating cash flow of $400.81M, showing steady but balanced cash generation.
Free Cash Flow
SL Green Realty Corp. produces free cash flow of $172.29M, offering steady but limited capital for shareholder returns and expansion.
FCF Per Share
Each share generates $1.03 in free cash annually.
FCF Yield
SLG-PI converts 2.00% of its market value into free cash.
Financial Ratios Analysis
Valuation Ratios
P/E Ratio
Price to earnings ratio
-21.55
vs 25 benchmark
PEG Ratio
Price/earnings to growth ratio
0.006
vs 25 benchmark
P/B Ratio
Price to book value ratio
1.22
vs 25 benchmark
P/S Ratio
Price to sales ratio
3.78
vs 25 benchmark
Financial Health
Debt/Equity
Total debt to shareholders' equity
0.28
vs 25 benchmark
Current Ratio
Current assets to current liabilities
0.42
vs 25 benchmark
Efficiency Ratios
ROE
Return on equity percentage
-0.05
vs 25 benchmark
ROA
Return on assets percentage
-0.01
vs 25 benchmark
ROCE
Return on capital employed
0.04
vs 25 benchmark
How SLG-PI Stacks Against Its Sector Peers
| Metric | SLG-PI Value | Sector Average | Performance |
|---|---|---|---|
| P/E Ratio | -21.55 | 23.19 | Better (Cheaper) |
| ROE | -4.61% | 784.00% | Weak |
| Net Margin | -16.65% | 2662.00% | Weak |
| Debt/Equity | 0.28 | -38.03 (disorted) | Distorted |
| Current Ratio | 0.42 | 25.83 | Weak Liquidity |
| ROA | -1.46% | 266.00% | Weak |
SLG-PI outperforms its industry in 1 out of 6 key metrics, but lagging in ROE.
Historical Growth Performance
5-Year Growth Trajectory
This section reviews SL Green Realty Corp.'s 5-year compound annual growth rate (CAGR) and compares its performance against the typical investment style of its industry.
Revenue CAGR
-4.42%
Industry Style: Income, Inflation Hedge, REIT
DecliningEPS CAGR
-122.76%
Industry Style: Income, Inflation Hedge, REIT
DecliningFCF CAGR
-85.35%
Industry Style: Income, Inflation Hedge, REIT
Declining