(SPG) Simon Property - Ratings and Ratios
Malls, Premium Outlets, The Mills, International Properties, Shopping Centers
SPG EPS (Earnings per Share)
SPG Revenue
Description: SPG Simon Property
Simon Property Group Inc (NYSE:SPG) is a real estate investment trust (REIT) that specializes in owning, developing, and managing high-end shopping centers, entertainment, and mixed-use destinations globally. The companys diverse portfolio comprises malls, Premium Outlets, The Mills, and International Properties, totaling 229 properties across North America, Asia, and Europe, with a total square footage of 183 million.
The companys business scope extends beyond property ownership, with an 88% stake in The Taubman Realty Group (TRG), a leading owner of regional and super-regional malls in the US and Asia. Additionally, Simon Property Group holds a 22.4% ownership interest in Klepierre, a prominent European real estate company with a presence in 14 countries. This diversified investment strategy enables the company to tap into various markets and revenue streams.
From a financial perspective, key performance indicators (KPIs) such as Funds From Operations (FFO) and Adjusted Funds From Operations (AFFO) are crucial in evaluating Simon Property Groups operational efficiency. The companys ability to maintain a stable occupancy rate, currently around 95%, and increase its average rent per square foot, are also important metrics. Furthermore, Simon Property Groups debt-to-equity ratio and interest coverage ratio are essential in assessing its financial health and ability to service its debt.
To gauge the companys growth prospects, investors can monitor metrics such as same-store sales growth, which reflects the change in sales at properties that have been open for at least a year. Additionally, Simon Property Groups development pipeline, including new projects and redevelopment initiatives, can provide insight into its potential for future growth. By analyzing these KPIs, investors can gain a more comprehensive understanding of Simon Property Groups financial performance and growth prospects.
SPG Stock Overview
| Market Cap in USD | 68,146m |
| Sub-Industry | Retail REITs |
| IPO / Inception | 1993-12-13 |
SPG Stock Ratings
| Growth Rating | 61.4% |
| Fundamental | 66.8% |
| Dividend Rating | 83.5% |
| Return 12m vs S&P 500 | -1.76% |
| Analyst Rating | 3.84 of 5 |
SPG Dividends
| Dividend Yield 12m | 4.88% |
| Yield on Cost 5y | 16.62% |
| Annual Growth 5y | 6.19% |
| Payout Consistency | 94.8% |
| Payout Ratio | 137.9% |
SPG Growth Ratios
| Growth Correlation 3m | 92.9% |
| Growth Correlation 12m | -7.6% |
| Growth Correlation 5y | 80% |
| CAGR 5y | 29.54% |
| CAGR/Max DD 3y | 1.21 |
| CAGR/Mean DD 3y | 6.37 |
| Sharpe Ratio 12m | 1.43 |
| Alpha | -0.82 |
| Beta | 0.788 |
| Volatility | 20.08% |
| Current Volume | 1547.3k |
| Average Volume 20d | 1754.6k |
| Stop Loss | 176.9 (-3.1%) |
| Signal | -0.65 |
Piotroski VR‑10 (Strict, 0-10) 4.5
| Net Income (2.12b TTM) > 0 and > 6% of Revenue (6% = 362.1m TTM) |
| FCFTA 0.09 (>2.0%) and ΔFCFTA 0.30pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -22.68% (prev -0.52%; Δ -22.15pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.12 (>3.0%) and CFO 4.02b > Net Income 2.12b (YES >=105%, WARN >=100%) |
| Net Debt (24.69b) to EBITDA (4.58b) ratio: 5.39 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.59 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (327.1m) change vs 12m ago 0.34% (target <= -2.0% for YES) |
| Gross Margin 83.11% (prev 82.55%; Δ 0.56pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 18.10% (prev 17.49%; Δ 0.61pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 3.49 (EBITDA TTM 4.58b / Interest Expense TTM 913.6m) >= 6 (WARN >= 3) |
Altman Z'' -0.54
| (A) -0.04 = (Total Current Assets 2.01b - Total Current Liabilities 3.38b) / Total Assets 33.30b |
| (B) -0.21 = Retained Earnings (Balance) -6.84b / Total Assets 33.30b |
| (C) 0.10 = EBIT TTM 3.18b / Avg Total Assets 33.34b |
| (D) -0.23 = Book Value of Equity -7.09b / Total Liabilities 30.20b |
| Total Rating: -0.54 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 66.77
| 1. Piotroski 4.50pt = -0.50 |
| 2. FCF Yield 3.28% = 1.64 |
| 3. FCF Margin 52.08% = 7.50 |
| 4. Debt/Equity 11.74 = -2.50 |
| 5. Debt/Ebitda 6.28 = -2.50 |
| 6. ROIC - WACC 4.94% = 6.17 |
| 7. RoE 79.00% = 2.50 |
| 8. Rev. Trend 80.95% = 4.05 |
| 9. Rev. CAGR 4.84% = 0.61 |
| 10. EPS Trend -12.46% = -0.31 |
| 11. EPS CAGR 1.16% = 0.12 |
What is the price of SPG shares?
Over the past week, the price has changed by +1.15%, over one month by +7.23%, over three months by +16.97% and over the past year by +16.18%.
Is Simon Property a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of SPG is around 205.81 USD . This means that SPG is currently undervalued and has a potential upside of +12.79% (Margin of Safety).
Is SPG a buy, sell or hold?
- Strong Buy: 7
- Buy: 2
- Hold: 10
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the SPG price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 184.1 | 0.9% |
| Analysts Target Price | 184.1 | 0.9% |
| ValueRay Target Price | 225.4 | 23.5% |
Last update: 2025-09-01 05:02
SPG Fundamental Data Overview
CCE Cash And Equivalents = 1.23b USD (Cash And Short Term Investments, last quarter)
P/E Trailing = 27.9227
P/E Forward = 30.9598
P/S = 11.2929
P/B = 24.4657
P/EG = 8.7406
Beta = 1.516
Revenue TTM = 6.03b USD
EBIT TTM = 3.18b USD
EBITDA TTM = 4.58b USD
Long Term Debt = 25.40b USD (from longTermDebt, last quarter)
Short Term Debt = 3.38b USD (from totalCurrentLiabilities, last quarter)
Debt = 28.78b USD (Calculated: Short Term 3.38b + Long Term 25.40b)
Net Debt = 24.69b USD (from netDebt column, last quarter)
Enterprise Value = 95.69b USD (68.15b + Debt 28.78b - CCE 1.23b)
Interest Coverage Ratio = 3.49 (Ebit TTM 3.18b / Interest Expense TTM 913.6m)
FCF Yield = 3.28% (FCF TTM 3.14b / Enterprise Value 95.69b)
FCF Margin = 52.08% (FCF TTM 3.14b / Revenue TTM 6.03b)
Net Margin = 35.06% (Net Income TTM 2.12b / Revenue TTM 6.03b)
Gross Margin = 83.11% ((Revenue TTM 6.03b - Cost of Revenue TTM 1.02b) / Revenue TTM)
Tobins Q-Ratio = -13.49 (set to none) (Enterprise Value 95.69b / Book Value Of Equity -7.09b)
Interest Expense / Debt = 0.81% (Interest Expense 232.7m / Debt 28.78b)
Taxrate = 0.85% (23.3m / 2.75b)
NOPAT = 3.16b (EBIT 3.18b * (1 - 0.85%))
Current Ratio = 0.59 (Total Current Assets 2.01b / Total Current Liabilities 3.38b)
Debt / Equity = 11.74 (Debt 28.78b / last Quarter total Stockholder Equity 2.45b)
Debt / EBITDA = 6.28 (Net Debt 24.69b / EBITDA 4.58b)
Debt / FCF = 9.16 (Debt 28.78b / FCF TTM 3.14b)
Total Stockholder Equity = 2.68b (last 4 quarters mean)
RoA = 6.35% (Net Income 2.12b, Total Assets 33.30b )
RoE = 79.00% (Net Income TTM 2.12b / Total Stockholder Equity 2.68b)
RoCE = 11.34% (Ebit 3.18b / (Equity 2.68b + L.T.Debt 25.40b))
RoIC = 11.45% (NOPAT 3.16b / Invested Capital 27.58b)
WACC = 6.51% (E(68.15b)/V(96.92b) * Re(8.92%)) + (D(28.78b)/V(96.92b) * Rd(0.81%) * (1-Tc(0.01)))
Shares Correlation 3-Years: -18.18 | Cagr: -0.00%
Discount Rate = 8.92% (= CAPM, Blume Beta Adj.)
[DCF Debug] Terminal Value 75.26% ; FCFE base≈3.11b ; Y1≈3.13b ; Y5≈3.36b
Fair Price DCF = 155.3 (DCF Value 50.69b / Shares Outstanding 326.5m; 5y FCF grow 0.20% → 3.0% )
Revenue Correlation: 80.95 | Revenue CAGR: 4.84%
Rev Growth-of-Growth: -3.50
EPS Correlation: -12.46 | EPS CAGR: 1.16%
EPS Growth-of-Growth: -24.71
Additional Sources for SPG Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle