Paramount Group Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 3.10
Dividend & Yield0.31$ (5.88%)
Beta 1.21
Market capitalization 1.22B
Operating cash flow 246.64M
ESG Scores unknown

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.

Sector: Real Estate - Industry: REIT—Office

Financial Ratios
Quick Ratio6.65
Working Capital-0.03
Return On Equity-0.01
Debt To Equity1.07
Fixed Asset Ratio0.01
Fixed Interest Cover1.03

Financial data

Financial Statements

Cashflow Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Change To Liabilities -8.95M -1.3M 16.25M 3.66M
Total Cashflows From Investing Activities -323.44M 40.03M -103.48M -152.58M
Net Borrowings 246.76M -35.9M 38.43M
Total Cash From Financing Activities 4.08M -143.47M -76.48M -173.9M
Change To Operating Activities 36.68M -9.64M -64.26M -23.81M
Issuance Of Stock
Net Income -36.9M -24.7M -20.35M -36.4M
Change In Cash -33.92M 133.84M 64.34M -79.85M
Effect Of Exchange Rate
Total Cash From Operating Activities 285.44M 237.27M 244.31M 246.64M
Depreciation 229.11M 230.47M 229.42M 230.77M
Change To Account Receivables 845k 1.73M 1.92M -8.28M
Other Cashflows From Financing Activities -42.11M 110.82M -47.19M -37.44M
Change To Netincome 45.33M 31.44M 72.21M 74.55M
Capital Expenditures

Income Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Research Development
Income Before Tax 4.52M -12.63M 5.7M -24.93M
Net Income -36.9M -24.7M -20.35M -36.4M
Selling General Administrative 68.56M 64.92M 59.13M 59.49M
Gross Profit 474M 428.3M 437.23M 408.46M
Ebit 165.34M 128.19M 145.62M 116.46M
Operating Income 165.34M 128.19M 145.62M 116.46M
Interest Expense -148.46M -144.21M -142.01M -143.86M
Income Tax Expense 312k 1.49M 3.64M 3.27M
Total Revenue 738.71M 695.89M 702.67M 685.89M
Cost Of Revenue 264.7M 267.59M 265.44M 277.42M
Total Other Income ExpenseNet -160.82M -140.81M -139.91M -141.39M
Net Income From Continuing Ops 4.21M -14.12M 2.06M -28.2M
Net Income Applicable To Common Shares -36.97M -24.77M -20.42M -36.49M

Balance Sheet Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Total Liabilities 4.1B 4.04B 4.04B 4.04B
Total Stockholder Equity 3.79B 3.65B 3.59B 3.59B
Other Current Liabilities 25.25M 16.8M 16.89M 18.03M
Total Assets 8.73B 8.55B 8.49B 8.45B
Common Stock 2.27M 2.19M 2.19M 2.17M
Other Current Assets 151.75M 47.97M 4.77M 40.91M
Retained Earnings
Treasury Stock -349.73M -469.18M -536.71M -596.03M
Cash 306.21M 434.53M 524.9M 408.9M
Total Current Liabilities 142.61M 118.7M 133.09M 141.2M
Other Stockholder Equity -349.73M -469.18M -536.71M -596.03M
Property, Plant, and Equipment 7.1B 7B 6.92B 6.85B
Total Current Assets 815.7M 830.24M 884.98M 858.83M
Net Tangible Assets 3.58B 3.5B 3.47B 3.5B
Net Receivables 357.74M 347.74M 348.32M 370.2M
Accounts Payable 117.32M 101.78M 115.67M 123.06M


Insider Transactions

Here are the insider transactions of stock shares related to Paramount Group Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
BEHLER ALBERT PPurchase at price 5.20 - 5.35 per share.D2023-03-01Chief Executive Officer50k
BEHLER ALBERT PPurchase at price 5.30 - 5.43 per share.D2023-02-24Chief Executive Officer40k
BEHLER ALBERT PPurchase at price 5.85 per share.D2022-12-23Chief Executive Officer20k
BUSSMANN MARTINSale at price 5.81 per share.D2022-12-23Director17k
BUSSMANN MARTINConversion of Exercise of derivative security at price 5.85 per share.D2022-12-22Director17k
BEHLER ALBERT PPurchase at price 5.75 - 5.80 per share.D2022-12-08Chief Executive Officer50k
ARMBRUST THOMASPurchase at price 5.71 per share.D2022-12-07Director20k
ARMBRUST THOMASStock Award(Grant) at price 0.00 per share.D2022-05-12Director13.86k
SAITO HITOSHIStock Award(Grant) at price 0.00 per share.D2022-05-12Director13.86k
ARMBRUST THOMASStock Award(Grant) at price 0.00 per share.D2021-05-13Director11.73k
BEHLER ALBERT PPurchase at price 9.65 per share.D2020-11-17Chief Executive Officer20k
ARMBRUST THOMASPurchase at price 9.43 per share.D2020-11-17Director5k
ARMBRUST THOMASStock Award(Grant) at price 0.00 per share.D2020-05-19Director14.21k
OTTO-BERNSTEIN KATHARINAPurchase at price 9.75 per share.D2020-03-13Director and Beneficial Owner of more than 10% of a Class of Security110k
OTTO ALEXANDERSale at price 13.49 per share.I2019-11-27Beneficial Owner of more than 10% of a Class of Security16.49k
OTTO-BERNSTEIN KATHARINAPurchase at price 13.49 per share.D2019-11-27Director and Beneficial Owner of more than 10% of a Class of Security33.36k
OTTO-BERNSTEIN KATHARINASale at price 13.49 per share.I2019-11-27Director and Beneficial Owner of more than 10% of a Class of Security11.21k
OTTO MARENSale at price 13.49 per share.I2019-11-27Beneficial Owner of more than 10% of a Class of Security5.66k
ARMBRUST THOMASStock Award(Grant) at price 0.00 per share.D2019-05-16Director7.52k
ARMBRUST THOMASStock Award(Grant) at price 0.00 per share.D2018-05-17Director7.63k
OTTO-BERNSTEIN KATHARINAPurchase at price 15.59 per share.D2016-12-01Director and Beneficial Owner of more than 10% of a Class of Security100k
OTTO-BERNSTEIN KATHARINAPurchase at price 15.69 - 15.71 per share.D2016-11-29Director and Beneficial Owner of more than 10% of a Class of Security100k
OTTO-BERNSTEIN KATHARINAPurchase at price 15.74 per share.D2016-11-22Director and Beneficial Owner of more than 10% of a Class of Security100k
ARMBRUST THOMASStock Award(Grant) at price 0.00 per share.D2016-05-19Director6.32k
O CONNOR DAVID PPurchase at price 15.23 per share.D2016-03-10Director32k
ARMBRUST THOMASStock Award(Grant) at price 0.00 per share.D2015-05-21Director5.22k
LINNEMAN PETER DPurchase at price 17.50 per share.D2014-11-24Director30k
GALBREATH LIZANNEPurchase at price 17.50 per share.D2014-11-24Director15.62k
EMMETT DAN APurchase at price 17.50 per share.D2014-11-24Director57.14k
O CONNOR DAVID PPurchase at price 17.50 per share.D2014-11-24Director14.29k
ARMBRUST THOMASStock Award(Grant) at price 0.00 - 17.50 per share.D2014-11-24Director134.28k
PAES WILBUR NPurchase at price 17.50 per share.D2014-11-24Officer10k
OTTO-BERNSTEIN KATHARINAStock Award(Grant) at price 17.50 per share.D2014-11-24Director and Beneficial Owner of more than 10% of a Class of Security1.14M

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Paramount Group Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Paramount Group Inc

Here is the result of two systematic investment strategies applied to Paramount Group Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Paramount Group Inc

The following chart shows the equity curve of the two systematic investment strategies applied to Paramount Group Inc:

Paramount Group Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -15.06% on the backtest period.

Performance at glance

Performance

-15.06 %

Latent gain

-340.78 $

Invested capital

2263.4 $

Annualized return

-3.64 %
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Momentum strategy results on Paramount Group Inc

This is the result of two momentum investment strategies applied to Paramount Group Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Paramount Group Inc

The following chart shows all the entries opened by the momentum investment system on Paramount Group Inc:

Paramount Group Inc momentum entries
  • The first momentum investment strategy would give -17.69% of return on Paramount Group Inc. That represents -1064.75$ of latent gain with 6017.49$ of employed capital.
  • The second momentum investment strategy would give -3.6% of return on Paramount Group Inc. That represents -81.32$ of latent gain with 2260.88$ of employed capital.
Performance at glance (1Q Momentum)

Performance

-17.69 %

Latent gain

-1064.75 $

Invested capital

6017.49 $

Annualized return

11.41 %
Performance at glance (2Q Momentum)

Performance

-3.6 %

Latent gain

-81.32 $

Invested capital

2260.88 $

Annualized return

-0.98 %

Momentum equity curve on Paramount Group Inc

The following chart shows the equity curve of the two momentum strategies applied to Paramount Group Inc:

Paramount Group Inc momentum equity

Note: the dividends potentially given by Paramount Group Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Paramount Group Inc

The following chart shows the employed capital evolution of the two momentum strategies on Paramount Group Inc since the beginning:

Paramount Group Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Paramount Group Inc

Buy the dip entry openings on Paramount Group Inc

Paramount Group Inc

The performance achieved by the robo-advisor on Paramount Group Inc is 24.42%. That represents 184.31$ of latent gain with 754.85$ of employed capital. The following chart shows Paramount Group Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Paramount Group Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

24.42 %

Latent gain

184.31 $

Invested capital

754.85 $

Annualized return

11.41 %

Equity curve of the strategy applied to Paramount Group Inc

The following chart shows the result of the investment strategy applied to Paramount Group Inc:

Paramount Group Inc

Note: the dividends potentially given by Paramount Group Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Paramount Group Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on Paramount Group Inc:

Paramount Group Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Paramount Group Inc

In this section, I will compare the three previous investment strategies applied to Paramount Group Inc.

Equity curve comparison on Paramount Group Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Paramount Group Inc investment strategy comparison

Employed capital comparison on Paramount Group Inc

Paramount Group Inc investment comparison

Performance comparison on Paramount Group Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -15.06% -340.78$ 2263.4$ -3.64%
Momentum 1 quarter -17.69% -1064.75$ 6017.49$ -4.54%
Momentum 2 quarters -3.6% -81.32$ 2260.88$ -0.98%
Non-directional 24.42% 184.31$ 754.85$ 11.41%
Annualized return comparison

Automatic investment

-3.64 %

Momentum 1Q

-0.98 %

Momentum 2Q

-0.98 %

Non-directional

11.41 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Paramount Group Inc:

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months


Note: The algorithm computes the probability of correlation between Paramount Group Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of Paramount Group Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Paramount Group Inc
Country United States
City New York
Address 1633 Broadway
Phone 212-237-3100
Website www.paramount-group.com
FullTime employees 326
Industry REIT—Office
Sector Real Estate
Exchange XNYS
Ticker PGRE
Market www.nyse.com

Paramount Group Inc ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown