Simon Property Group, Inc. (SPG), Discounted Cash Flow Valuation

Simon Property Group, Inc. (SPG) Compañía Profile

US | Real Estate | REIT - Retail | NYSE
156.2 2.91 (1.90%)
Real-Time Price (USD)
Market Cap A valuation method that multiplies the price of a company's shares by the total number of outstanding shares.
50.96B
Revenue (ttm) The total amount of income generated by the sale of goods or services related to the company's primary operations.
5.96B
Net Income (ttm) The company's earnings for a period net of operating costs, taxes and interest.
2.37B
Shares Out Total number of common shares outstanding as of the latest date disclosed in a financial filing.
326.28M
EPS (ttm) Company's net earnings or losses from continuing operations on a per diluted share basis.
7.26
PE Ratio The price-to-earnings (PE) ratio is the ratio between a company's stock price and earnings per share. It measures the price of a stock relative to its profits.
7.75M
Dividend Yield Measures the cash returned to shareholders by a firm as a percentage of the price they pay for each share of stock.
5.42%
Exchange Name of stock exchange where the trading item trades.
NYSE
Avg Volume The average number of shares traded each day over the past 30 days.
1.76M
Open The opening trade price over the trading day.
152.64
Previous Close The last closing price.
153.29
Beta A ratio that measures the risk or volatility of a company's share price in comparison to the market as a whole.
1.48
1 day delta The range between the high and low prices over the past day.
151.84-157.3
52 weeks The range between the high and low prices over the past 52 weeks.
136.34-190.14

Total Valuation

Simon Property Group, Inc. has a market cap or net worth of 50.96B. The enterprise value is 74.34B.
Market Cap (ttm) Market Capitalization
A valuation method that multiplies the price of a company's shares by the total number of outstanding shares.
50.96B
Enterprise Value (ttm) Enterprise Value
Enterprise value measures the total value of a company's outstanding shares, adjusted for debt and levels of cash and short-term investments.
Enterprise Value = Market Cap + Total Debt - Cash & Equivalents - Short-Term Investments
74.34B

Valuation Ratios

The trailing PE ratio is 21.58. Simon Property Group, Inc.'s PEG ratio is -6.48.
PE Ratio (ttm) PE Ratio
The price-to-earnings (P/E) ratio is a valuation metric that shows how expensive a stock is relative to earnings.
PE Ratio = Stock Price / Earnings Per Share
21.58
PS Ratio (ttm) PS Ratio
The price-to-sales (P/S) ratio is a commonly used valuation metric. It shows how expensive a stock is compared to revenue.
PS Ratio = Market Capitalization / Revenue
8.54
PB Ratio (ttm) PB Ratio
The price-to-book (P/B) ratio measures a stock's price relative to book value. Book value is also called Shareholders' equity.
PB Ratio = Market Capitalization / Shareholders' Equity
17.39
P/FCF Ratio (ttm) P/FCF Ratio
The price to free cash flow (P/FCF) ratio is similar to the P/E ratio, except it uses free cash flow instead of accounting earnings.
P/FCF Ratio = Market Capitalization / Free Cash Flow
14.17
PEG Ratio (ttm) PEG Ratio
The price/earnings to growth (PEG) ratio is calculated by dividing a company's PE ratio by its expected earnings growth.
PEG Ratio = PE Ratio / Expected Earnings Growth
-6.48

Enterprise Valuation

The stock's EV/EBITDA ratio is 17.06, with a EV/FCF ratio of 20.67.
EV / Sales (ttm) EV / Sales Ratio
The enterprise value to sales (EV/Sales) ratio is similar to the price-to-sales ratio, but the price is adjusted for the company's debt and cash levels.
EV/Sales Ratio = Enterprise Value / Revenue
12.47
EV / EBITDA (ttm) EV / EBIT Ratio
The EV/EBITDA ratio measures a company's valuation relative to its EBITDA, or Earnings Before Interest, Taxes, Depreciation, and Amortization.
EV/EBITDA Ratio = Enterprise Value / EBITDA
17.06
EV / EBIT (ttm) EV/EBIT Ratio
The EV/EBIT is a valuation metric that measures a company's price relative to EBIT, or Earnings Before Interest and Taxes.
EV/EBIT Ratio = Enterprise Value / EBIT
19.49
EV / FCF (ttm) EV/FCF Ratio
The enterprise value to free cash flow (EV/FCF) ratio is similar to the price to free cash flow ratio, except the price is adjusted for the company's cash and debt.
EV/FCF Ratio = Enterprise Value / Free Cash Flow
20.67

Financial Efficiency

Return on equity (ROE) is 81.02% and return on invested capital (ROIC) is 10.57%.
Return on Equity (ROE) (ttm) Return on Equity (ROE)
Return on equity (ROE) is a profitability metric that shows how efficient a company is at using its equity (or "net" assets) to generate profits. It is calculated by dividing the company's net income by the average shareholders' equity over the past 12 months.
ROE = (Net Income / Average Shareholders' Equity) * 100%
81.02%
Return on Assets (ROA) (ttm) Return on Assets (ROA)
Return on assets (ROA) is a metric that measures how much profit a company is able to generate using its assets. It is calculated by dividing net income by the average total assets for the past 12 months.
ROA = (Net Income / Average Total Assets) * 100%
7.32%
Return on Capital (ROIC) (ttm) Return on Capital (ROIC)
Return on invested capital (ROIC) measures how effective a company is at investing its capital in order to increase profits. It is calculated by dividing the EBIT (Earnings Before Interest & Taxes) by the average invested capital in the previous year.
ROIC = (EBIT / Average Invested Capital) * 100%
10.57%
Asset Turnover Asset Turnover
The asset turnover ratio measures the amount of sales relative to a company's assets. It indicates how efficiently the company uses its assets to generate revenue.
Asset Turnover Ratio = Revenue / Average Assets
0.18
Inventory Turnover (ttm) Inventory Turnover
The inventory turnover ratio measures how many times inventory has been sold and replaced during a time period.
Inventory Turnover Ratio = Cost of Revenue / Average Inventory
0

Margins

Trailing 12 months gross margin is 73.07%, with operating and profit margins of 51.86% and 39.75%.
Gross Margin (ttm) Gross Margin
Gross margin is the percentage of revenue left as gross profits, after subtracting cost of goods sold from the revenue.
Gross Margin = (Gross Profit / Revenue) * 100%
73.07%
Operating Margin (ttm) Operating Margin
Operating margin is the percentage of revenue left as operating income, after subtracting cost of revenue and all operating expenses from the revenue.
Operating Margin = (Operating Income / Revenue) * 100%
51.86%
Pretax Margin (ttm) Pretax Margin
Pretax margin is the percentage of revenue left as profits before subtracting taxes.
Pretax Margin = (Pretax Income / Revenue) * 100%
45.83%
Profit Margin (ttm) Profit Margin
Profit margin is the percentage of revenue left as net income, or profits, after subtracting all costs and expenses from the revenue.
Profit Margin = (Net Income / Revenue) * 100%
39.75%
EBITDA Margin (ttm) EBITDA Margin
EBITDA margin is the percentage of revenue left as EBITDA, after subtracting all expenses except interest, taxes, depreciation and amortization from revenue.
EBITDA Margin = (EBITDA / Revenue) * 100%
73.08%

Income Statement

In the last 12 months, Simon Property Group, Inc. had revenue of 5.96B and earned 2.37B in profits. Earnings per share (EPS) was 7.26.
Revenue (ttm) Revenue
Revenue is the amount of money a company receives from its main business activities, such as sales of products or services. Revenue is also called sales.
5.96B
Gross Profit (ttm) Gross Profit
Gross profit is a company’s profit after subtracting the costs directly linked to making and delivering its products and services.
Gross Profit = Revenue - Cost of Revenue
4.36B
Operating Income (ttm) Operating Income
Operating income is the amount of profit in a company after paying for all the expenses related to its core operations.
Operating Income = Revenue - Cost of Revenue - Operating Expenses
3.09B
Pretax Income (ttm) Pretax Income
Pretax income is a company's profits before accounting for income taxes.
Pretax Income = Net Income + Income Taxes
2.73B
Net Income (ttm) Net Income
Net income is a company's accounting profits after subtracting all costs and expenses from the revenue. It is also called earnings, profits or "the bottom line"
Net Income = Revenue - All Expenses
2.37B
EBITDA (ttm) EBITDA
EBITDA stands for "Earnings Before Interest, Taxes, Depreciation and Amortization." It is a commonly used measure of profitability.
EBITDA = Net Income + Interest + Taxes + Depreciation and Amortization
4.36B
EBIT (ttm) EBIT
EBIT stands for "Earnings Before Interest and Taxes" and is a commonly used measure of earnings or profits. It is similar to operating income.
EBIT = Net Income + Interest + Taxes
3.09B
Earnings Per Share (EPS) (ttm) EPS (Diluted)
Earnings per share is the portion of a company's profit that is allocated to each individual stock. Diluted EPS is calculated by dividing net income by "diluted" shares outstanding.
Diluted EPS = Net Income / Shares Outstanding (Diluted)
7.26

Financial Position

The company has a trailing 12 months (ttm) current ratio of 0.83, with a ttm Debt / Equity ratio of 8.42.
Current Ratio (ttm) Current Ratio
The current ratio is used to measure a company's short-term liquidity. A low number can indicate that a company will have trouble paying its upcoming liabilities.
Current Ratio = Current Assets / Current Liabilities
0.83
Quick Ratio (ttm) Quick Ratio
The quick ratio measure a company's short-term liquidity. A low number indicates that the company may have trouble paying its upcoming financial obligations.
Quick Ratio = (Cash + Short-Term Investments + Accounts Receivable) / Current Liabilities
0.83
Debt / Equity (ttm) Debt / Equity Ratio
The debt-to-equity ratio measures a company's debt levels relative to its shareholders' equity or book value. A high ratio implies that a company has a lot of debt.
Debt / Equity Ratio = Total Debt / Shareholders' Equity
8.42
Debt / EBIT (ttm) Debt / EBIT Ratio
The debt-to-EBIT ratio is a company's debt levels relative to its trailing twelve-month EBIT. A high ratio implies that debt is high relative to the company's earnings.
Debt / EBIT Ratio = Total Debt / EBIT (ttm)
0.88

Dividends & Yields

This stock pays an annual dividend of 8.25, which amounts to a dividend yield of 5.28%.
Dividend Per Share (ttm) Dividend Per Share
Total amount paid to each outstanding share in dividends during the period.
8.25
Dividend Yield (ttm) Dividend Yield
The dividend yield is how much a stock pays in dividends each year, as a percentage of the stock price.
Dividend Yield = (Annual Dividends Per Share / Stock Price) * 100%
5.28%
Earnings Yield (ttm) Earnings Yield
The earnings yield is a valuation metric that measures a company's profits relative to stock price, expressed as a percentage yield. It is the inverse of the P/E ratio.
Earnings Yield = (Earnings Per Share / Stock Price) * 100%
4.63%
FCF Yield (ttm) FCF Yield
The free cash flow (FCF) yield measures a company's free cash flow relative to its price, shown as a percentage. It is the inverse of the P/FCF ratio.
FCF Yield = (Free Cash Flow / Market Cap) * 100%
7.06%
Dividend Growth (YoY) Dividend Growth
The change in dividend payments per share, compared to the previous period.
Dividend Growth = ((Current Dividend / Previous Dividend) - 1) * 100%
25.15%
Payout Ratio (ttm) Payout Ratio
The payout ratio is the percentage of a company's profits that are paid out as dividends. A high ratio implies that the dividend payments may not be sustainable.
Payout Ratio = (Dividends Per Share / Earnings Per Share) * 100%
120.29%

Balance Sheet

The company has 1.4B in cash and 24.78B in debt, giving a net cash position of -23.38B.
Cash & Cash Equivalents Cash & Cash Equivalents
Cash and cash equivalents is the sum of "Cash & Equivalents" and "Short-Term Investments." This is the amount of money that a company has quick access to, assuming that the cash equivalents and short-term investments can be sold at a short notice.
Cash & Cash Equivalents = Cash & Equivalents + Short-Term Investments
1.4B
Total Debt Total Debt
Total debt is the total amount of liabilities categorized as "debt" on the balance sheet. It includes both current and long-term (non-current) debt.
Total Debt = Current Debt + Long-Term Debt
24.78B
Net Cash Net Cash / Debt
Net Cash / Debt is an indicator of the financial position of a company. It is calculated by taking the total amount of cash and cash equivalents and subtracting the total debt.
Net Cash / Debt = Total Cash - Total Debt
-23.38B
Book Value Shareholders' Equity
Shareholders’ equity is also called book value or net worth. It can be seen as the amount of money held by investors inside the company. It is calculated by subtracting all liabilities from all assets.
Shareholders' Equity = Total Assets - Total Liabilities
2.94B
Book Value Per Share (ttm) Book Value Per Share
Book value per share is the total amount of book value attributable to each individual stock. It is calculated by dividing book value (shareholders' equity) by the number of outstanding shares.
Book Value Per Share = Book Value / Shares Outstanding
10.99
Working Capital (ttm) Working Capital
Working capital is the amount of money available to a business to conduct its day-to-day operations. It is calculated by subtracting total current liabilities from total current assets.
Working Capital = Current Assets - Current Liabilities
-566.36M

Cash Flow

In the last 12 months, operating cash flow of the company was 3.81B and capital expenditures -755.58M, giving a free cash flow of 3.6B.
Operating Cash Flow (ttm) Operating Cash Flow
Operating cash flow, also called cash flow from operating activities, measures the amount of cash that a company generates from normal business activities. It is the amount of cash left after all cash income has been received, and all cash expenses have been paid.
3.81B
Capital Expenditures (ttm) Capital Expenditures
Capital expenditures are also called payments for property, plants and equipment. It measures cash spent on long-term assets that will be used to run the business, such as manufacturing equipment, real estate and others.
-755.58M
Free Cash Flow (ttm) Free Cash Flow
Free cash flow is the cash remaining after the company spends on everything required to maintain and grow the business. It is calculated by subtracting capital expenditures from operating cash flow.
Free Cash Flow = Operating Cash Flow - Capital Expenditures
3.6B
FCF Per Share (ttm) Free Cash Flow Per Share
Free cash flow per share is the amount of free cash flow attributed to each outstanding stock.
FCF Per Share = Free Cash Flow / Shares Outstanding
10.98

Simon Property Group, Inc. News

Apr 22, 2025 - benzinga.com
Jim Cramer: Simon Property Is A 'Terrific' Company, Says Don't Sell CarMax
On CNBC's “Mad Money Lightning Round,” Jim Cramer recommended buying Simon Property Group, Inc. SPG calling it a “terrific” company....[read more]
Apr 20, 2025 - seekingalpha.com
Don't Put All Of Your REIT Eggs In One Basket
Reflecting on past financial losses, I emphasize the importance of diversification to mitigate risks, as exemplified by my own experience with real estate investments. I advocate for a diversified investment portfolio, including REITs, BDCs, MLPs, Preferreds, Asset Managers, and Dividend Aristocrats, to ensure sustained high cash flow. Highlighting eight high-yielding REITs in the S&P 500, I provide insights into their performance, risks, and growth potential, emphasizing the need for diversific...[read more]
Apr 18, 2025 - seekingalpha.com
The Perfect Storm Is Forming For REIT Outperformance
REITs have been in the doghouse for years. However, that could all be changing soon—don't miss the window. I also discuss one near-zero net debt REIT offers inflation protection, recession resistance, and deep value....[read more]
Apr 17, 2025 - seekingalpha.com
Hold Simon Property If You're Sick Of The Tariff Rollercoaster
SPG is less sensitive to tariff changes due to several reasons and thus can help to stabilize your portfolio with the undergoing uncertainties. The top reasons are its domestic retail focus, diversified tenants, and relatively long-duration leases. Besides such macroscopic considerations, I also see several company-specific catalysts judging from its latest earnings report, such as strong occupancy rates and rents....[read more]
Apr 17, 2025 - seekingalpha.com
Simon Property Group: Price Drop Is A Major Opportunity For Long-Term Investors
Simon Property Group remains attractive for long-term dividend investors despite recent market volatility and recently hitting a 52-week low share price of $136.34. SPG's strong fundamentals, premium malls in affluent locations, and international expansion position it for growth, with a projected 2.3% FFO growth rate in 2025. The REIT's A-rated balance sheet, robust liquidity, and conservative 62% payout ratio ensure dividend safety and flexibility amid potential economic slowdowns....[read more]
Apr 16, 2025 - prnewswire.com
Simon® Announces Date For Its First Quarter 2025 Earnings Release And Conference Call
INDIANAPOLIS , April 16, 2025 /PRNewswire/ --  Simon ®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today announced details for its first quarter earnings release and conference call.  Simon's financial and operational results for the quarter ending March 31, 2025, will be released after the market close on May 12, 2025....[read more]
Apr 14, 2025 - zacks.com
O vs. SPG: Which Retail REIT Stock is the Smarter Buy?
In the world of retail real estate investment trusts (REITs), two names consistently dominate investor conversations: Realty Income Corporation O and Simon Property Group, Inc. SPG. Both are giants in their respective corners of the retail landscape — Realty Income with its single-tenant net lease portfolio and Simon Property with its premium mall and outlet centers....[read more]
Apr 13, 2025 - seekingalpha.com
Buy 9 'Safer' Dividend Dogs Of 23 April Barron's Better Bets Than T-Bills
Nine out of ten "Safest" BBB dividend dogs are ready to buy, with annual dividends from $1K invested exceeding single share prices. Analysts expect 32.86% to 53.48% net gains from top-ten BBB dogs by April 2026, with an average net gain of 43.38%. Best Buy, LyondellBasell, and Pfizer are among the top projected profit-generating trades based on dividends and target price estimates....[read more]
Apr 10, 2025 - zacks.com
Is it the Right Time to Retain SPG Stock in Your Portfolio Now?
Simon Property Group gains from its portfolio of premium assets, focus on omnichannel retailing and strategic buyouts, though higher e-commerce adoption is worrisome....[read more]
Apr 10, 2025 - zacks.com
Simon Property (SPG) Surges 9.1%: Is This an Indication of Further Gains?
Simon Property (SPG) saw its shares surge in the last session with trading volume being higher than average. The latest trend in FFO estimate revisions could translate into further price increase in the near term....[read more]

Simon Property Group, Inc. Details

Country US
City Indianapolis
Address 225 West Washington Street
Ticker Symbol SPG
Exchange New York Stock Exchange
IPO Date Dec 14, 1993
CEO Mr. David E. Simon
Sector Real Estate
Industry REIT - Retail
Employees 2.6K

Simon Property Group, Inc. Company Description

Simon is a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations and an S&P 100 company (Simon Property Group, NYSE: SPG). Our properties across North America, Europe and Asia provide community gathering places for millions of people every day and generate billions in annual sales.

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