SL GREEN REALTY CORP (SLG) Fundamental Analysis & Valuation
NYSE:SLG • US78440X8873
Current stock price
35.88 USD
+0.55 (+1.56%)
At close:
35.88 USD
0 (0%)
After Hours:
This SLG fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. SLG Profitability Analysis
1.1 Basic Checks
- SLG had negative earnings in the past year.
- SLG had a positive operating cash flow in the past year.
- The reported net income has been mixed in the past 5 years: SLG reported negative net income in multiple years.
- In the past 5 years SLG always reported a positive cash flow from operatings.
1.2 Ratios
- SLG's Return On Assets of -1.03% is on the low side compared to the rest of the industry. SLG is outperformed by 67.21% of its industry peers.
- With a Return On Equity value of -2.94%, SLG is not doing good in the industry: 64.75% of the companies in the same industry are doing better.
- SLG's Return On Invested Capital of 1.49% is on the low side compared to the rest of the industry. SLG is outperformed by 73.77% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for SLG is below the industry average of 3.11%.
- The 3 year average ROIC (1.10%) for SLG is below the current ROIC(1.49%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.03% | ||
| ROE | -2.94% | ||
| ROIC | 1.49% |
ROA(3y)-2.36%
ROA(5y)-0.79%
ROE(3y)-5.85%
ROE(5y)-2.17%
ROIC(3y)1.1%
ROIC(5y)1.2%
1.3 Margins
- SLG's Operating Margin of 18.97% is in line compared to the rest of the industry. SLG outperforms 45.08% of its industry peers.
- SLG's Operating Margin has declined in the last couple of years.
- With a Gross Margin value of 47.64%, SLG is not doing good in the industry: 79.51% of the companies in the same industry are doing better.
- In the last couple of years the Gross Margin of SLG has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.97% | ||
| PM (TTM) | N/A | ||
| GM | 47.64% |
OM growth 3Y-0.68%
OM growth 5Y-2.18%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.56%
GM growth 5Y-5.46%
2. SLG Health Analysis
2.1 Basic Checks
- SLG has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- SLG has about the same amout of shares outstanding than it did 1 year ago.
- The number of shares outstanding for SLG has been increased compared to 5 years ago.
- SLG has a worse debt/assets ratio than last year.
2.2 Solvency
- SLG has an Altman-Z score of 0.20. This is a bad value and indicates that SLG is not financially healthy and even has some risk of bankruptcy.
- The Altman-Z score of SLG (0.20) is worse than 60.66% of its industry peers.
- A Debt/Equity ratio of 1.33 is on the high side and indicates that SLG has dependencies on debt financing.
- Looking at the Debt to Equity ratio, with a value of 1.33, SLG is in line with its industry, outperforming 46.72% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.33 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.2 |
ROIC/WACC0.24
WACC6.31%
2.3 Liquidity
- A Current Ratio of 0.47 indicates that SLG may have some problems paying its short term obligations.
- SLG has a Current ratio of 0.47. This is in the lower half of the industry: SLG underperforms 75.41% of its industry peers.
- A Quick Ratio of 0.47 indicates that SLG may have some problems paying its short term obligations.
- SLG has a Quick ratio of 0.47. This is in the lower half of the industry: SLG underperforms 75.41% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.47 | ||
| Quick Ratio | 0.47 |
3. SLG Growth Analysis
3.1 Past
- The earnings per share for SLG have decreased strongly by -2100.00% in the last year.
- Looking at the last year, SLG shows a quite strong growth in Revenue. The Revenue has grown by 13.18% in the last year.
- SLG shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -0.96% yearly.
EPS 1Y (TTM)-2100%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-1115.38%
Revenue 1Y (TTM)13.18%
Revenue growth 3Y2.94%
Revenue growth 5Y-0.96%
Sales Q2Q%-35%
3.2 Future
- Based on estimates for the next years, SLG will show a decrease in Earnings Per Share. The EPS will decrease by -4.56% on average per year.
- Based on estimates for the next years, SLG will show a small growth in Revenue. The Revenue will grow by 2.99% on average per year.
EPS Next Y-60.34%
EPS Next 2Y-21.93%
EPS Next 3Y-12.07%
EPS Next 5Y-4.56%
Revenue Next Year11.58%
Revenue Next 2Y3.39%
Revenue Next 3Y3.9%
Revenue Next 5Y2.99%
3.3 Evolution
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. SLG Valuation Analysis
4.1 Price/Earnings Ratio
- The Price/Earnings Ratio is negative for SLG. In the last year negative earnings were reported.
- Also next year SLG 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
- SLG's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. SLG is more expensive than 66.39% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 16.59 |
4.3 Compensation for Growth
- SLG's earnings are expected to decrease with -12.07% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-21.93%
EPS Next 3Y-12.07%
5. SLG Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 6.74%, SLG is a good candidate for dividend investing.
- In the last 3 months the price of SLG has falen by -23.59%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
- Compared to an average industry Dividend Yield of 7.54, SLG pays a bit more dividend than its industry peers.
- SLG's Dividend Yield is rather good when compared to the S&P500 average which is at 1.89.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.74% |
5.2 History
- The dividend of SLG decreases each year by -3.27%.
- SLG has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)-3.27%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- SLG has negative earnings and hence a negative payout ratio. The dividend may be in danger.
- SLG's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP-213.58%
EPS Next 2Y-21.93%
EPS Next 3Y-12.07%
SLG Fundamentals: All Metrics, Ratios and Statistics
35.88
+0.55 (+1.56%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)01-28 2026-01-28/amc
Earnings (Next)04-15 2026-04-15
Inst Owners96.47%
Inst Owner Change8.45%
Ins Owners0.08%
Ins Owner Change-3.71%
Market Cap2.55B
Revenue(TTM)1.00B
Net Income(TTM)-113.60M
Analysts73.33
Price Target49.09 (36.82%)
Short Float %14.49%
Short Ratio7.37
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.74% |
Yearly Dividend3.41
Dividend Growth(5Y)-3.27%
DP-213.58%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)41.24%
Min EPS beat(2)-161.39%
Max EPS beat(2)243.88%
EPS beat(4)2
Avg EPS beat(4)-6.8%
Min EPS beat(4)-161.39%
Max EPS beat(4)243.88%
EPS beat(8)6
Avg EPS beat(8)33.02%
EPS beat(12)6
Avg EPS beat(12)0.61%
EPS beat(16)8
Avg EPS beat(16)-681.4%
Revenue beat(2)1
Avg Revenue beat(2)-2.43%
Min Revenue beat(2)-6.96%
Max Revenue beat(2)2.09%
Revenue beat(4)1
Avg Revenue beat(4)-4.61%
Min Revenue beat(4)-6.96%
Max Revenue beat(4)2.09%
Revenue beat(8)3
Avg Revenue beat(8)6.05%
Revenue beat(12)4
Avg Revenue beat(12)1.83%
Revenue beat(16)8
Avg Revenue beat(16)6.74%
PT rev (1m)-5.27%
PT rev (3m)-13.38%
EPS NQ rev (1m)6.67%
EPS NQ rev (3m)-86.67%
EPS NY rev (1m)3.51%
EPS NY rev (3m)-53.2%
Revenue NQ rev (1m)2.2%
Revenue NQ rev (3m)3.97%
Revenue NY rev (1m)1.81%
Revenue NY rev (3m)3.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 2.54 | ||
| P/FCF | N/A | ||
| P/OCF | 30.74 | ||
| P/B | 0.66 | ||
| P/tB | 0.68 | ||
| EV/EBITDA | 16.59 |
EPS(TTM)-1.6
EYN/A
EPS(NY)-2.57
Fwd EYN/A
FCF(TTM)-6.26
FCFYN/A
OCF(TTM)1.17
OCFY3.25%
SpS14.12
BVpS54.49
TBVpS52.5
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.03% | ||
| ROE | -2.94% | ||
| ROCE | 1.89% | ||
| ROIC | 1.49% | ||
| ROICexc | 1.52% | ||
| ROICexgc | 1.61% | ||
| OM | 18.97% | ||
| PM (TTM) | N/A | ||
| GM | 47.64% | ||
| FCFM | N/A |
ROA(3y)-2.36%
ROA(5y)-0.79%
ROE(3y)-5.85%
ROE(5y)-2.17%
ROIC(3y)1.1%
ROIC(5y)1.2%
ROICexc(3y)1.12%
ROICexc(5y)1.22%
ROICexgc(3y)1.19%
ROICexgc(5y)1.29%
ROCE(3y)1.39%
ROCE(5y)1.52%
ROICexgc growth 3Y6.27%
ROICexgc growth 5Y-1.2%
ROICexc growth 3Y5.95%
ROICexc growth 5Y-1.54%
OM growth 3Y-0.68%
OM growth 5Y-2.18%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.56%
GM growth 5Y-5.46%
F-Score4
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.33 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 11.4 | ||
| Cap/Depr | 200.66% | ||
| Cap/Sales | 52.57% | ||
| Interest Coverage | 0.86 | ||
| Cash Conversion | 18.3% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.47 | ||
| Quick Ratio | 0.47 | ||
| Altman-Z | 0.2 |
F-Score4
WACC6.31%
ROIC/WACC0.24
Cap/Depr(3y)133.74%
Cap/Depr(5y)152.87%
Cap/Sales(3y)34.96%
Cap/Sales(5y)39.71%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-2100%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-1115.38%
EPS Next Y-60.34%
EPS Next 2Y-21.93%
EPS Next 3Y-12.07%
EPS Next 5Y-4.56%
Revenue 1Y (TTM)13.18%
Revenue growth 3Y2.94%
Revenue growth 5Y-0.96%
Sales Q2Q%-35%
Revenue Next Year11.58%
Revenue Next 2Y3.39%
Revenue Next 3Y3.9%
Revenue Next 5Y2.99%
EBIT growth 1Y37.29%
EBIT growth 3Y2.24%
EBIT growth 5Y-3.12%
EBIT Next Year100.77%
EBIT Next 3Y-7.27%
EBIT Next 5Y-0.85%
FCF growth 1Y-440.11%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-36.03%
OCF growth 3Y-33.04%
OCF growth 5Y-31.61%
SL GREEN REALTY CORP / SLG Fundamental Analysis FAQ
What is the ChartMill fundamental rating of SL GREEN REALTY CORP (SLG) stock?
ChartMill assigns a fundamental rating of 1 / 10 to SLG.
What is the valuation status of SL GREEN REALTY CORP (SLG) stock?
ChartMill assigns a valuation rating of 0 / 10 to SL GREEN REALTY CORP (SLG). This can be considered as Overvalued.
Can you provide the profitability details for SL GREEN REALTY CORP?
SL GREEN REALTY CORP (SLG) has a profitability rating of 2 / 10.
What is the earnings growth outlook for SL GREEN REALTY CORP?
The Earnings per Share (EPS) of SL GREEN REALTY CORP (SLG) is expected to decline by -60.34% in the next year.
Is the dividend of SL GREEN REALTY CORP sustainable?
The dividend rating of SL GREEN REALTY CORP (SLG) is 5 / 10 and the dividend payout ratio is -213.58%.