SLG Stock Intrinsic Value – SL Green Realty: A Potential Short Squeeze Opportunity with Serious Undervaluation

June 16, 2023

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SL ($NYSE:SLG) Green Realty Corporation is an attractive short squeeze opportunity, with potential for serious undervaluation. In addition to its New York City properties, SL Green also owns properties in the Greater Washington, DC area and other US markets. Short squeezes are a common phenomenon in the stock market, where investors who have gone short on a stock (betting that its price will drop) can face significant losses if the stock rises sharply in value.

This is exactly the situation that SL Green is in right now: it is currently trading at a substantial discount to its peers in the real estate sector, making it a prime candidate for a short squeeze. With its impressive portfolio and strong dividend, SL Green is an attractive pick for those looking to capitalize on an upcoming short squeeze.

Share Price

SL Green Realty has often been overlooked in the real estate investment trust (REIT) space, but could be a potential short squeeze opportunity due to its serious undervaluation. This suggests that the market may be starting to recognize the undervaluation of this particular REIT. Further bolstering the case for potential short squeezes is the fact that SL Green has a strong balance sheet with minimal debt and plenty of liquidity. In addition, SL Green has an impressive portfolio of office and retail properties in the New York area, giving it exposure to some of the most sought-after real estate markets in the United States. Live Quote…

About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for SLG. More…

    Total Revenues Net Income Net Margin
    862.35 -142.72
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for SLG. More…

    Operations Investing Financing
    276.09 425.81 -654.82
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for SLG. More…

    Total Assets Total Liabilities Book Value Per Share
    12.34k 7.36k 65.84
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for SLG are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    19.0%
    FCF Margin ROE ROA
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis – SLG Stock Intrinsic Value

    We at GoodWhale have done an in-depth analysis of SL Green Realty’s fundamentals and have calculated its fair value to be around $45.1, which was determined using our proprietary Valuation Line. Currently, SL Green Realty’s stock is traded at $26.7, a price that is undervalued by 40.8% when compared to our fair-value estimate. Given the current market pricing for SL Green Realty, we believe investors may want to seriously consider adding this stock to their portfolios as its current market price may be an attractive buying opportunity due to its current undervaluation. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis




  • Peers

    The commercial real estate industry is highly competitive, with a large number of companies vying for market share. SL Green Realty Corp is one of the largest and most successful commercial real estate firms in the industry, with a long track record of success. The company’s main competitors are Picton Property Income Ltd, DDMP REIT Inc, and Cromwell Property Group. These firms are all large and well-established companies with significant resources and a strong presence in the industry.

    – Picton Property Income Ltd ($LSE:PCTN)

    The company’s market cap is 468.15M as of 2022. The company is a property income fund that invests in a portfolio of UK commercial properties. The company’s objective is to provide shareholders with an attractive level of income and capital growth by investing in a diversified portfolio of UK commercial properties.

    – DDMP REIT Inc ($PSE:DDMPR)

    Dividend and income-oriented real estate investment trust that owns and operates a diversified portfolio of real estate assets in the United States. The company’s portfolio includes office, retail, industrial, and residential properties.

    – Cromwell Property Group ($ASX:CMW)

    Cromwell Property Group is a real estate investment trust that owns and operates a portfolio of properties across Australia, New Zealand, and Europe. The company has a market cap of 5.46 billion as of 2022. Cromwell Property Group’s portfolio includes office, retail, industrial, and logistics properties. The company also owns and operates a number of hotels and serviced apartments.

    Summary

    SL Green Realty Corp. is an undervalued real estate investment trust (REIT) that offers investors an attractive opportunity to create gains through short-term positions and long-term investments. Analysts suggest that SL Green is undervalued relative to its peers due to its specialty in New York City properties, which include some of the highest-priced properties in the world. In addition, SL Green has a strong balance sheet with low debt and positive operating cash flows. Investors should consider the company’s potential for both short-term profits and long-term gains when evaluating their portfolio.

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