PARAMOUNT GROUP INC (PGRE) Stock Fundamental Analysis
NYSE:PGRE - New York Stock Exchange, Inc. - US69924R1086 - REIT
PGRE gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 130 industry peers in the Diversified REITs industry. While PGRE seems to be doing ok healthwise, there are quite some concerns on its profitability. PGRE is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year PGRE has reported negative net income.
In the past year PGRE had a positive cash flow from operations.
In the past 5 years PGRE always reported negative net income.
Each year in the past 5 years PGRE had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of -2.70%, PGRE is not doing good in the industry: 81.10% of the companies in the same industry are doing better.
With a Return On Equity value of -6.72%, PGRE is not doing good in the industry: 76.38% of the companies in the same industry are doing better.
The Return On Invested Capital of PGRE (1.45%) is worse than 80.31% of its industry peers.
PGRE had an Average Return On Invested Capital over the past 3 years of 1.53%. This is in line with the industry average of 3.10%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.7% | ||
| ROE | -6.72% | ||
| ROIC | 1.45% |
ROA(3y)-1.31%
ROA(5y)-0.93%
ROE(3y)-3.23%
ROE(5y)-2.27%
ROIC(3y)1.53%
ROIC(5y)1.51%
1.3 Margins
With a Operating Margin value of 18.72%, PGRE is not doing good in the industry: 60.63% of the companies in the same industry are doing better.
In the last couple of years the Operating Margin of PGRE has declined.
Looking at the Gross Margin, with a value of 60.28%, PGRE is doing worse than 70.08% of the companies in the same industry.
PGRE's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.72% | ||
| PM (TTM) | N/A | ||
| GM | 60.28% |
OM growth 3Y-3.67%
OM growth 5Y-3.82%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.14%
GM growth 5Y-1.11%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so PGRE is destroying value.
Compared to 1 year ago, PGRE has more shares outstanding
Compared to 5 years ago, PGRE has less shares outstanding
PGRE has a worse debt/assets ratio than last year.
2.2 Solvency
PGRE has an Altman-Z score of 0.15. This is a bad value and indicates that PGRE is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.15, PGRE is not doing good in the industry: 74.80% of the companies in the same industry are doing better.
PGRE has a debt to FCF ratio of 22.90. This is a negative value and a sign of low solvency as PGRE would need 22.90 years to pay back of all of its debts.
PGRE's Debt to FCF ratio of 22.90 is fine compared to the rest of the industry. PGRE outperforms 74.02% of its industry peers.
A Debt/Equity ratio of 1.16 is on the high side and indicates that PGRE has dependencies on debt financing.
PGRE has a Debt to Equity ratio (1.16) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.16 | ||
| Debt/FCF | 22.9 | ||
| Altman-Z | 0.15 |
ROIC/WACC0.25
WACC5.82%
2.3 Liquidity
PGRE has a Current Ratio of 2.94. This indicates that PGRE is financially healthy and has no problem in meeting its short term obligations.
PGRE has a Current ratio of 2.94. This is amongst the best in the industry. PGRE outperforms 85.04% of its industry peers.
PGRE has a Quick Ratio of 2.94. This indicates that PGRE is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of PGRE (2.94) is better than 85.04% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.94 | ||
| Quick Ratio | 2.94 |
3. Growth
3.1 Past
The earnings per share for PGRE have decreased strongly by -1013.64% in the last year.
Looking at the last year, PGRE shows a small growth in Revenue. The Revenue has grown by 3.98% in the last year.
PGRE shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -0.43% yearly.
EPS 1Y (TTM)-1013.64%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%0%
Revenue 1Y (TTM)3.98%
Revenue growth 3Y1.32%
Revenue growth 5Y-0.43%
Sales Q2Q%3.02%
3.2 Future
The Earnings Per Share is expected to grow by 18.15% on average over the next years. This is quite good.
PGRE is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -1.54% yearly.
EPS Next Y91.98%
EPS Next 2Y31.89%
EPS Next 3Y18.15%
EPS Next 5YN/A
Revenue Next Year0.77%
Revenue Next 2Y-0.98%
Revenue Next 3Y-1.54%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for PGRE. In the last year negative earnings were reported.
Also next year PGRE is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
78.74% of the companies in the same industry are more expensive than PGRE, based on the Enterprise Value to EBITDA ratio.
95.28% of the companies in the same industry are more expensive than PGRE, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.18 | ||
| EV/EBITDA | 11.02 |
4.3 Compensation for Growth
PGRE's earnings are expected to grow with 18.15% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y31.89%
EPS Next 3Y18.15%
5. Dividend
5.1 Amount
PGRE has a Yearly Dividend Yield of 1.54%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 15.16, PGRE's dividend is way lower than its industry peers. On top of this 89.76% of the companies listed in the same industry pay a better dividend than PGRE!
PGRE's Dividend Yield is slightly below the S&P500 average, which is at 2.29.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.54% |
5.2 History
The dividend of PGRE decreases each year by -11.37%.
PGRE has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-11.37%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
The earnings of PGRE are negative and hence is the payout ratio. PGRE will probably not be able to sustain this dividend level.
DP-15.71%
EPS Next 2Y31.89%
EPS Next 3Y18.15%
PARAMOUNT GROUP INC
NYSE:PGRE (1/17/2025, 8:20:57 PM)
After market: 4.58 +0.02 (+0.44%)4.56
-0.02 (-0.44%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners66.14%
Inst Owner Change0%
Ins Owners15.91%
Ins Owner Change0%
Market Cap991.89M
Analysts50.91
Price Target5.48 (20.18%)
Short Float %1.66%
Short Ratio3.03
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.54% |
Yearly Dividend0.24
Dividend Growth(5Y)-11.37%
DP-15.71%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-4.58%
Min EPS beat(2)-30.72%
Max EPS beat(2)21.57%
EPS beat(4)2
Avg EPS beat(4)-516.89%
Min EPS beat(4)-2228.43%
Max EPS beat(4)170.03%
EPS beat(8)5
Avg EPS beat(8)-302.14%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)3.37%
Min Revenue beat(2)0.05%
Max Revenue beat(2)6.69%
Revenue beat(4)4
Avg Revenue beat(4)3.72%
Min Revenue beat(4)0.05%
Max Revenue beat(4)6.69%
Revenue beat(8)6
Avg Revenue beat(8)1%
Revenue beat(12)7
Avg Revenue beat(12)0.53%
Revenue beat(16)10
Avg Revenue beat(16)0.39%
PT rev (1m)0%
PT rev (3m)14.36%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)27.27%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 1.3 | ||
| P/FCF | 6.18 | ||
| P/OCF | 3.56 | ||
| P/B | 0.31 | ||
| P/tB | 0.32 | ||
| EV/EBITDA | 11.02 |
EPS(TTM)-0.98
EYN/A
EPS(NY)-0.27
Fwd EYN/A
FCF(TTM)0.74
FCFY16.18%
OCF(TTM)1.28
OCFY28.11%
SpS3.51
BVpS14.59
TBVpS14.34
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.7% | ||
| ROE | -6.72% | ||
| ROCE | 1.84% | ||
| ROIC | 1.45% | ||
| ROICexc | 1.51% | ||
| ROICexgc | 1.54% | ||
| OM | 18.72% | ||
| PM (TTM) | N/A | ||
| GM | 60.28% | ||
| FCFM | 21.01% |
ROA(3y)-1.31%
ROA(5y)-0.93%
ROE(3y)-3.23%
ROE(5y)-2.27%
ROIC(3y)1.53%
ROIC(5y)1.51%
ROICexc(3y)1.62%
ROICexc(5y)1.59%
ROICexgc(3y)1.65%
ROICexgc(5y)1.62%
ROCE(3y)1.94%
ROCE(5y)1.91%
ROICexcg growth 3Y-0.32%
ROICexcg growth 5Y-2.8%
ROICexc growth 3Y-0.08%
ROICexc growth 5Y-2.24%
OM growth 3Y-3.67%
OM growth 5Y-3.82%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.14%
GM growth 5Y-1.11%
F-Score4
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.16 | ||
| Debt/FCF | 22.9 | ||
| Debt/EBITDA | 9.31 | ||
| Cap/Depr | 47.01% | ||
| Cap/Sales | 15.5% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 70.64% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.94 | ||
| Quick Ratio | 2.94 | ||
| Altman-Z | 0.15 |
F-Score4
WACC5.82%
ROIC/WACC0.25
Cap/Depr(3y)48.54%
Cap/Depr(5y)45.08%
Cap/Sales(3y)15.65%
Cap/Sales(5y)14.69%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-1013.64%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%0%
EPS Next Y91.98%
EPS Next 2Y31.89%
EPS Next 3Y18.15%
EPS Next 5YN/A
Revenue 1Y (TTM)3.98%
Revenue growth 3Y1.32%
Revenue growth 5Y-0.43%
Sales Q2Q%3.02%
Revenue Next Year0.77%
Revenue Next 2Y-0.98%
Revenue Next 3Y-1.54%
Revenue Next 5YN/A
EBIT growth 1Y-0.74%
EBIT growth 3Y-2.4%
EBIT growth 5Y-4.24%
EBIT Next Year163.45%
EBIT Next 3Y29.94%
EBIT Next 5YN/A
FCF growth 1Y32.18%
FCF growth 3Y6.26%
FCF growth 5Y56.98%
OCF growth 1Y20.91%
OCF growth 3Y5.4%
OCF growth 5Y12.17%