SL Green Piotroski F Score

SLG
 Stock
  

USD 40.61  0.80  1.93%   

This module uses fundamental data of SL Green to approximate its Piotroski F score. SL Green F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of SL Green Realty. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about SL Green financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Additionally, take a look at SL Green Altman Z Score, SL Green Correlation, SL Green Valuation, as well as analyze SL Green Alpha and Beta and SL Green Hype Analysis.
  
SL Green Debt to Equity Ratio is projected to slightly decrease based on the last few years of reporting. The past year's Debt to Equity Ratio was at 0.83. SL Green Receivables Turnover is projected to slightly decrease based on the last few years of reporting. The past year's Receivables Turnover was at 2.62. The current year Accounts Payable Turnover is expected to grow to 7.82, whereas Total Assets Per Share are forecasted to decline to 162.96.
At this time, it appears that SL Green's Piotroski F Score is Healthy. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
5.0
Piotroski F Score - Healthy
1
Current Return On AssetsPositiveFocus
2
Change in Return on AssetsDecreasedFocus
3
Cash Flow Return on AssetsPositiveFocus
4
Current Quality of Earnings (accrual)DecreasingFocus
5
Asset Turnover GrowthIncreaseFocus
6
Current Ratio ChangeIncreaseFocus
7
Long Term Debt Over Assets ChangeLower LeverageFocus
8
Change In Outstending SharesIncreaseFocus
9
Change in Gross MarginNo ChangeFocus

SL Green Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to SL Green is to make sure SL Green is not a subject of accounting manipulations and runs a healthy internal audit department. So, if SL Green's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if SL Green's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted87.3 M70.8 M
Fairly Up
Decreasing
Stable
Weighted Average Shares82.5 M65.7 M
Significantly Up
Decreasing
Stable
Return on Average Assets3.433.9497
Fairly Down
Increasing
Very volatile
Net Cash Flow from Operations317.3 M256 M
Fairly Up
Increasing
Very volatile
Current Liabilities369.8 M409.9 M
Moderately Down
Increasing
Stable
Total Liabilities7.8 B6.1 B
Significantly Up
Decreasing
Stable
Gross Margin59.5962.0863
Sufficiently Down
Increasing
Very volatile
Total DebtB5.9 B
Fairly Down
Increasing
Stable
Asset Turnover0.09160.0741
Fairly Up
Decreasing
Slightly volatile
Current Assets821.1 M697.1 M
Fairly Up
Decreasing
Very volatile
Total Assets14 B11.1 B
Significantly Up
Decreasing
Stable

SL Green Realty F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between SL Green's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards SL Green in a much-optimized way.

About SL Green Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Weighted Average Shares

82.48 Million

SL Green Weighted Average Shares is projected to decrease significantly based on the last few years of reporting. The past year's Weighted Average Shares was at 65.74 Million

SL Green Current Valuation Drivers

We derive many important indicators used in calculating different scores of SL Green from analyzing SL Green's financial statements. These drivers represent accounts that assess SL Green's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of SL Green's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee95.19 K233.71 K261.8 K466.05 K483.09 K384.71 K
Revenue Per Employee1.42 M1.16 M1.2 M1.32 M906.54 K1.23 M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA701.85 M423.45 M685.5 M842.97 M838.41 M929.27 M

SL Green ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, SL Green's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to SL Green's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

About SL Green Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze SL Green Realty's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SL Green using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SL Green Realty based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
SL Green Realty Corp., an SP 500 company and Manhattans largest office landlord, is a fully integrated real estate investment trust, or REIT, that is focused primarily on acquiring, managing and maximizing value of Manhattan commercial properties. This included ownership interests in 28.6 million square feet of Manhattan buildings and 8.7 million square feet securing debt and preferred equity investments. SL Green operates under REITOffice classification in the United States and is traded on New York Stock Exchange. It employs 931 people.

SL Green Investors Sentiment

The influence of SL Green's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in SL Green. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to SL Green's public news can be used to forecast risks associated with investment in SL Green. The trend in average sentiment can be used to explain how an investor holding SL Green can time the market purely based on public headlines and social activities around SL Green Realty. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
SL Green's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for SL Green's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average SL Green's news discussions. The higher the estimated score, the more favorable is the investor's outlook on SL Green.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards SL Green in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, SL Green's short interest history, or implied volatility extrapolated from SL Green options trading.

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Additionally, take a look at SL Green Altman Z Score, SL Green Correlation, SL Green Valuation, as well as analyze SL Green Alpha and Beta and SL Green Hype Analysis. You can also try Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

Complementary Tools for analysis

When running SL Green Realty price analysis, check to measure SL Green's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SL Green is operating at the current time. Most of SL Green's value examination focuses on studying past and present price action to predict the probability of SL Green's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move SL Green's price. Additionally, you may evaluate how the addition of SL Green to your portfolios can decrease your overall portfolio volatility.
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Is SL Green's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SL Green. If investors know SL Green will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SL Green listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.98) 
Market Capitalization
2.6 B
Quarterly Revenue Growth YOY
0.004
Return On Assets
0.007
Return On Equity
(0.0111) 
The market value of SL Green Realty is measured differently than its book value, which is the value of SL Green that is recorded on the company's balance sheet. Investors also form their own opinion of SL Green's value that differs from its market value or its book value, called intrinsic value, which is SL Green's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SL Green's market value can be influenced by many factors that don't directly affect SL Green's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SL Green's value and its price as these two are different measures arrived at by different means. Investors typically determine SL Green value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SL Green's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.