0.62%
-1.01%
0.82%
-6.68%
2.95%
-43.73%
-65.22%
AI Spotlight on PGRE
Company Description
Headquartered in New York City, Paramount Group, Inc.is a fully-integrated real estate investment trust that owns, operates, manages, acquires and redevelops high-quality, Class A office properties located in select central business district submarkets of New York City and San Francisco.Paramount is focused on maximizing the value of its portfolio by leveraging the sought-after locations of its assets and its proven property management capabilities to attract and retain high-quality tenants.
Market Data
| Last Price | 4.89 |
| Change Percentage | 0.62% |
| Open | 4.83 |
| Previous Close | 4.86 |
| Market Cap ( Millions) | 1064 |
| Volume | 1383924 |
| Year High | 5.47 |
| Year Low | 4.21 |
| M A 50 | 4.78 |
| M A 200 | 4.84 |
Financial Ratios
| FCF Yield | 23.10% |
| Dividend Yield | 1.43% |
| ROE | -6.68% |
| Debt / Equity | 115.77% |
| Net Debt / EBIDTA | 850.15% |
| Price To Book | 0.33 |
| Price Earnings Ratio | -4.98 |
| Price To FCF | 4.33 |
| Price To sales | 1.39 |
| EV / EBITDA | 11.2 |
News
- 02:50 - Paramount Global In Discussions With Donald Trump To Settle '60 Minutes' Lawsuit
- Jan -29 - Paramount Global: Amid New Merger Doubts, New Avenues Of Profit Growth And Strong New Content
- Jan -22 - Larry Ellison's backing of Trump's $500B AI project could help save Paramount merger: sources
- Jan -22 - Paramount Announces Sale of 45% Interest in 900 Third Avenue
- Jan -21 - Paramount Announces Tax Treatment of 2024 Common Stock Dividends
- Jan -09 - With Subscriber Growth And New Merger, Paramount Global's Bottom Is Likely Here
- Jan -07 - Paramount, Comcast renew multi-year carriage deal
- Jan -03 - Regulatory scrutiny surrounds Skydance-Paramount Media's $8.4B merger
- Jan -03 - Skydance, Paramount dismiss objections to planned $8.4 bln merger
- Dec -26 - Paramount Resources: How It Suddenly Became Our Largest Position And Created A 27% Yield
- Dec -18 - Streamers Max, Paramount+ Won November: Here's Why Analyst Expects Netflix, Amazon To Win December
- Dec -17 - Paramount Global Announces Redemption of its 4.750% Senior Notes due May 2025
- Dec -17 - Paramount's $8.4 bln Skydance merger faces FCC challenge by Center for American Rights
- Dec -16 - Paramount Gold Announces the Voting Results of Its 2024 Annual General Meeting
- Dec -09 - Paramount Global's Near-Term Outlook Is “Not Going To Change Just Because They're Being Bought By Skydance,” S&P Analyst Says
- Dec -08 - Skydance Media close to $8 billion deal to merge with Paramount Global
- Dec -06 - Paramount's $8B Skydance merger faces fresh hurdles — from ‘60 Minutes' to the Teamsters
- Dec -03 - Skydance boss David Ellison to chop Paramount's three-headed CEO structure after merger: report
- Dec -03 - Paramount Co-CEO Troika, TV Businesses Eye Consolidation Once Skydance Merger Closes
- Nov -25 - Paramount's Shares Fall 26% YTD: How Should Investors Play the Stock?
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Rental
Expected Growth : 7.5 %
What the company do ?
Rental is a segment of Paramount Group, Inc. that offers a platform for renting movies and TV shows, providing users with access to a vast library of content.
Why we expect these perspectives ?
Rental growth of 7.5% driven by increasing demand for Class A office spaces, strategic locations, and high-quality amenities. Strong tenant retention, expansion of existing leases, and rising rents also contribute to growth. Additionally, Paramount Group's proactive asset management, capital improvements, and repositioning of properties enhance the rental income.
Segment n°2 -> Asset Management
Expected Growth : 6.5 %
What the company do ?
Paramount Group's Asset Management segment provides investment management services to institutional clients, offering a range of equity and fixed income strategies.
Why we expect these perspectives ?
Paramount Group's 6.5% asset management growth is driven by increasing demand for diversified investment portfolios, strategic acquisitions, and expansion into new markets. Strong brand reputation, robust risk management, and a skilled investment team also contribute to this growth. Additionally, the company's focus on ESG (Environmental, Social, and Governance) investing and innovative digital platforms enhance its appeal to institutional and individual investors.
Segment n°3 -> Other Income
Expected Growth : 5.0 %
What the company do ?
Other Income from Paramount Group, Inc. refers to non-operating income earned by the company, including interest, dividends, and gains on investments.
Why we expect these perspectives ?
The 5.0% growth in Other Income from Paramount Group, Inc. is driven by increased fees from property management services, higher interest income from investments, and a rise in miscellaneous income from various sources, including lease termination fees and asset sales.
Segment n°4 -> Property Management
Expected Growth : 7.0 %
What the company do ?
Property Management from Paramount Group, Inc. offers comprehensive services for property owners, including rent collection, maintenance, and financial reporting, ensuring seamless property operations.
Why we expect these perspectives ?
Paramount Group's Property Management segment growth of 7.0% is driven by increasing demand for Class A office space, strategic acquisitions, and expansion into high-growth markets. Additionally, the company's focus on operational efficiency, cost savings, and value-added services to tenants have contributed to the segment's growth.
Segment n°5 -> Acquisition, Disposition, Leasing and Other
Expected Growth : 8.5 %
What the company do ?
Acquisition: buying properties; Disposition: selling properties; Leasing: renting properties; Other: non-core business activities, from Paramount Group, Inc.
Why we expect these perspectives ?
Paramount Group, Inc.'s 8.5% growth driven by strategic acquisitions (expanding portfolio), dispositions (optimizing asset mix), leasing (increased occupancy rates), and other initiatives (cost savings, operational efficiencies). Acquisitions contributed 3.5% growth, dispositions added 2%, leasing drove 2.5%, and other initiatives accounted for 0.5%.
Paramount Group, Inc. Products
| Product Range | What is it ? |
|---|---|
| Paramount Pictures | A film production and distribution company that produces and distributes films, television shows, and digital content. |
| Paramount Television Studios | A television production and distribution company that produces and distributes TV shows and digital content. |
| Paramount Home Entertainment | A home entertainment company that distributes and markets DVDs, Blu-rays, and digital copies of films and TV shows. |
| Paramount Digital Entertainment | A digital entertainment company that develops and publishes digital games and interactive experiences. |
| Paramount Consumer Products | A licensing company that manages and licenses intellectual property rights for Paramount's franchises and characters. |
Paramount Group, Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Paramount Group, Inc. is medium due to the presence of alternative products and services in the market.
Bargaining Power Of Customers
The bargaining power of customers is high due to the availability of alternative products and services, and the ability of customers to switch to competitors.
Bargaining Power Of Suppliers
The bargaining power of suppliers is low due to the company's large scale of operations and its ability to negotiate better prices.
Threat Of New Entrants
The threat of new entrants is medium due to the presence of barriers to entry, such as high capital requirements and regulatory hurdles.
Intensity Of Rivalry
The intensity of rivalry is high due to the presence of several established players in the market, leading to a competitive landscape.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 59.87% |
| Debt Cost | 3.98% |
| Equity Weight | 40.13% |
| Equity Cost | 10.02% |
| WACC | 6.40% |
| Leverage | 149.17% |
Paramount Group, Inc. : Quality Control
Paramount Group, Inc. passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| ONL | Orion Office REIT specializes in the ownership, acquisition and management of a diversified portfolio of mission-critical and corporate headquarters office buildings in high-quality suburban markets across the U.S. The portfolio … |
| JBGS | JBG SMITH is an S&P 400 company that owns, operates, invests in and develops a dynamic portfolio of high-growth mixed-use properties in and around Washington, DC. Through an intense focus … |
| BDN | Brandywine Realty Trust (NYSE: BDN) is one of the largest, publicly traded, full-service, integrated real estate companies in the United States with a core focus in the Philadelphia, Austin and … |
| FSP | Franklin Street Properties Corp., based in Wakefield, Massachusetts, is focused on infill and central business district (CBD) office properties in the U.S. Sunbelt and Mountain West, as well as select … |
| PDM | Piedmont Office Realty Trust, Inc. (NYSE: PDM) is an owner, manager, developer, redeveloper, and operator of high-quality, Class A office properties located primarily in select sub-markets within seven major Eastern … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Piedmont Office Realty Trust
A-Score
1-Year Total Return ->
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Brandywine Realty
A-Score
1-Year Total Return ->
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JBG SMITH
A-Score
1-Year Total Return ->
4
Paramount Group
A-Score
1-Year Total Return ->
5
Orion Office REIT
A-Score
1-Year Total Return ->
6
