Paramount Group owns, operates, manages, acquires and redevelops high-quality, Class A office properties located in select central business district submarkets of New York City, Washington, D.C. and San Francisco. The company was founded in 1978 and is based in New York, New York.
PGRE Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for PGRE, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Paramount Group Inc ranked in the 23th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. In terms of the factors that were most noteworthy in this DCF analysis for PGRE, they are:
Interest coverage, a measure of earnings relative to interest payments, is 0.76 -- which is good for besting just 17.91% of its peer stocks (US stocks in the Real Estate sector with positive cash flow).
30% of the company's capital comes from equity, which is greater than only 14.65% of stocks in our cash flow based forecasting set.
Paramount Group Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Paramount Group Inc? See FREVS, SBAC, LTC, OBAS, and UNIT.
Paramount Group, Inc. (NYSE: PGRE) ("Paramount" or the "Company") announced today that it will file its quarterly report on Form 10-Q for the quarter ended June 30, 2020 with the U.S. Securities and Exchange Commission and release its second quarter 2020 financial results on Wednesday, July 29, 2020 after the end of trading on the New York Stock Exchange.
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