(SPG) Simon Property - Overview
Sector: Real Estate | Industry: REIT - Retail | Exchange: NYSE (USA) | Market Cap: 61.309m USD | Total Return: 39.6% in 12m
Shopping Centers, Outlets, Mixed-Use, Entertainment
Total Rating 54
Safety 48
Buy Signal 0.53
REIT - Retail
Industry Rotation: -7.3
Industry Rotation: -7.3
Market Cap:
61.3B
Avg Turnover: 312M USD
Avg Turnover: 312M USD
ATR:
2.07%
Peers RS (IBD): 64.6
Peers RS (IBD): 64.6
Risk 5d forecast
Volatility21.1%
Rel. Tail Risk-6.82%
Reward TTM
Sharpe Ratio1.34
Alpha13.96
Character TTM
Beta0.620
Beta Downside1.082
Drawdowns 3y
Max DD24.32%
CAGR/Max DD1.10
EPS (Earnings per Share)
EPS CAGR: -3.96%
EPS Trend: -4.6%
EPS Trend: -4.6%
Last SUE: -4.00
Qual. Beats: 0
Qual. Beats: 0
Revenue
Rev. CAGR: 9.02%
Rev. Trend: 89.9%
Rev. Trend: 89.9%
Last SUE: 3.47
Qual. Beats: 2
Qual. Beats: 2
Warnings
Altman Z'' -0.64 < 1.0 - financial distress zone
Tailwinds
No distinct edge detected
Description: SPG Simon Property
Simon Property Group (SPG) is a self-managed REIT. REITs are companies that own, operate, or finance income-producing real estate.
SPGs business model focuses on owning, developing, and managing shopping, dining, entertainment, and mixed-use properties. These include malls, Premium Outlets, The Mills, and International Properties.
As of December 31, 2024, SPG owned or held interests in 229 properties totaling 183 million square feet across North America, Asia, and Europe. The company also holds an 88% interest in The Taubman Realty Group, which owns 22 malls, and a 22.4% interest in Klepierre, a European shopping center owner.
To further explore SPGs financial performance and valuation metrics, consider reviewing its profile on ValueRay.
- Tenant occupancy rates directly impact rental income
- Consumer spending trends influence retail sales and property demand
- Interest rate fluctuations affect borrowing costs and property valuations
- E-commerce growth shifts retail landscape, impacting physical mall traffic
Piotroski VR‑10 (Strict)
4.5
| Net Income: 4.61b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.08 > 0.02 and ΔFCF/TA -1.47 > 1.0 |
| NWC/Revenue: -121.6% < 20% (prev -9.50%; Δ -112.1% < -1%) |
| CFO/TA 0.10 > 3% & CFO 4.15b > Net Income 4.61b |
| Net Debt (28.36b) to EBITDA (7.60b): 3.73 < 3 |
| Current Ratio: 0.19 > 1.5 & < 3 |
| Outstanding Shares: last quarter (326.0m) vs 12m ago -0.08% < -2% |
| Gross Margin: 85.72% > 18% (prev 0.83%; Δ 8.49k% > 0.5%) |
| Asset Turnover: 17.43% > 50% (prev 18.40%; Δ -0.97% > 0%) |
| Interest Coverage Ratio: 6.28 > 6 (EBITDA TTM 7.60b / Interest Expense TTM 974.8m) |
Altman Z''
-0.64
| A: -0.19 (Total Current Assets 1.76b - Total Current Liabilities 9.50b) / Total Assets 40.61b |
| B: -0.11 (Retained Earnings -4.61b / Total Assets 40.61b) |
| C: 0.17 (EBIT TTM 6.12b / Avg Total Assets 36.51b) |
| D: -0.14 (Book Value of Equity -4.86b / Total Liabilities 33.90b) |
| Altman-Z'' Score: -0.64 = B |
Beneish M
-3.78
| DSRI: 0.61 (Receivables 934.1m/1.43b, Revenue 6.36b/5.96b) |
| GMI: 0.97 (GM 85.72% / 82.92%) |
| AQI: 0.22 (AQ_t 0.19 / AQ_t-1 0.90) |
| SGI: 1.07 (Revenue 6.36b / 5.96b) |
| TATA: 0.01 (NI 4.61b - CFO 4.15b) / TA 40.61b) |
| Beneish M-Score: -3.78 (Cap -4..+1) = AAA |
What is the price of SPG shares?
As of April 08, 2026, the stock is trading at USD 190.57 with a total of 655,683 shares traded.
Over the past week, the price has changed by +2.17%, over one month by -0.03%, over three months by +4.79% and over the past year by +39.57%.
Over the past week, the price has changed by +2.17%, over one month by -0.03%, over three months by +4.79% and over the past year by +39.57%.
Is SPG a buy, sell or hold?
Simon Property has received a consensus analysts rating of 3.84.
Therefore, it is recommended to buy SPG.
- StrongBuy: 7
- Buy: 2
- Hold: 10
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the SPG price?
| Analysts Target Price | 206.3 | 8.3% |
Simon Property (SPG) - Fundamental Data Overview
as of 04 April 2026
P/E Trailing = 13.3148 P/E Forward = 27.6243
P/S = 9.6329
P/B = 11.8271
P/EG = 8.7406
Revenue TTM = 6.36b USD
EBIT TTM = 6.12b USD
EBITDA TTM = 7.60b USD
Long Term Debt = 28.43b USD (from longTermDebt, last quarter)
Short Term Debt = 5.80b USD (from shortTermDebt, last quarter)
Debt = 29.19b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 28.36b USD (from netDebt column, last quarter)
Enterprise Value = 89.67b USD (61.31b + Debt 29.19b - CCE 823.1m)
Interest Coverage Ratio = 6.28 (Ebit TTM 6.12b / Interest Expense TTM 974.8m)
EV/FCF = 27.72x (Enterprise Value 89.67b / FCF TTM 3.24b)
FCF Yield = 3.61% (FCF TTM 3.24b / Enterprise Value 89.67b)
FCF Margin = 50.84% (FCF TTM 3.24b / Revenue TTM 6.36b)
Net Margin = 72.51% (Net Income TTM 4.61b / Revenue TTM 6.36b)
Gross Margin = 85.72% ((Revenue TTM 6.36b - Cost of Revenue TTM 909.1m) / Revenue TTM)
Gross Margin QoQ = 91.37% (prev 83.44%)
Tobins Q-Ratio = 2.21 (Enterprise Value 89.67b / Total Assets 40.61b)
Interest Expense / Debt = 0.93% (Interest Expense 272.3m / Debt 29.19b)
Taxrate = 0.66% (35.8m / 5.40b)
NOPAT = 6.08b (EBIT 6.12b * (1 - 0.66%))
Current Ratio = 0.19 (Total Current Assets 1.76b / Total Current Liabilities 9.50b)
Debt / Equity = 5.60 (Debt 29.19b / totalStockholderEquity, last quarter 5.21b)
Debt / EBITDA = 3.73 (Net Debt 28.36b / EBITDA 7.60b)
Debt / FCF = 8.77 (Net Debt 28.36b / FCF TTM 3.24b)
Total Stockholder Equity = 3.15b (last 4 quarters mean from totalStockholderEquity)
RoA = 12.64% (Net Income 4.61b / Total Assets 40.61b)
RoE = 146.3% (Net Income TTM 4.61b / Total Stockholder Equity 3.15b)
RoCE = 19.37% (EBIT 6.12b / Capital Employed (Equity 3.15b + L.T.Debt 28.43b))
RoIC = 20.81% (NOPAT 6.08b / Invested Capital 29.21b)
WACC = 5.83% (E(61.31b)/V(90.50b) * Re(8.16%) + D(29.19b)/V(90.50b) * Rd(0.93%) * (1-Tc(0.01)))
Discount Rate = 8.16% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.01%
[DCF] Terminal Value 86.45% ; FCFF base≈3.16b ; Y1≈3.20b ; Y5≈3.47b
[DCF] Fair Price = 229.6 (EV 102.96b - Net Debt 28.36b = Equity 74.60b / Shares 324.9m; r=6.0% [WACC]; 5y FCF grow 0.72% → 3.0% )
EPS Correlation: -4.61 | EPS CAGR: -3.96% | SUE: -4.0 | # QB: 0
Revenue Correlation: 89.86 | Revenue CAGR: 9.02% | SUE: 3.47 | # QB: 2
EPS next Quarter (2026-06-30): EPS=1.61 | Chg7d=+0.000 | Chg30d=-0.048 | Revisions Net=+0 | Analysts=3
EPS current Year (2026-12-31): EPS=6.60 | Chg7d=+0.000 | Chg30d=-0.127 | Revisions Net=-1 | Growth EPS=+11.7% | Growth Revenue=+8.5%
EPS next Year (2027-12-31): EPS=6.91 | Chg7d=+0.000 | Chg30d=-0.181 | Revisions Net=-1 | Growth EPS=+4.7% | Growth Revenue=+3.3%
[Analyst] Revisions Ratio: +0.00 (1 Up / 1 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 0.6% (Discount Rate 8.2% - Earnings Yield 7.5%)
[Growth] Growth Spread = +10.5% (Analyst 11.1% - Implied 0.6%)
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