Stock Analysis
Simon Property Group, Inc.SPG
P/E 14.40×· 5Y range 13.85–42.67×· bottom 2% of history
Sector: Real Estate · Industry: Real Estate Investment Trusts
AnalystsHold26 analystsP/E 14.4× sits at the 2nd percentile of its 5.0978781656399725-year history.
Cash covers 3% of debt · FY 2025.
PMP Verdict
Mixed fundamentals, cheap valuation
Strengths
- Profitability80
- Quality70
Risks
- Financial Health13
Mixed business trading cheap — priced for skepticism.
Bull Case
- ✓ROE 88.7% — efficient capital deployment
- ✓P/E 14.4× at bottom 2% of 5-year history
What's happening with SPG
Profile
Strong profitability; financial health lags behind.
How is each axis scored?
- Valuation54/100 · Moderate
- P/E vs own history (2th pct)25/25
- FCF yield (4.9%)12/25
- P/S (9.6x)12/25
- EV/EBIT (28.6x)5/25
- Growth57/100 · Moderate
- Revenue CAGR (5.6%)12/25
- Net income CAGR (19.8%)20/25
- EPS CAGR 5Y (23.6%)25/25
- Fwd implied growth (-52.3%)0/25
- Profitability80/100 · Strong
- ROIC (7.9%)5/25
- ROE (88.7%)25/25
- Net margin (66.5%)25/25
- Operating margin (47.4%)25/25
- Financial Health13/100 · Weak
- Altman Z (1.45)3/25
- Current ratio (0.44)0/25
- Interest coverage (3.2x)10/25
- Net cash / debt (D/A 68%)0/25
- Quality70/100 · Moderate
- Piotroski F (4/9)10/25
- Beneish M (-2.44)20/25
- FCF conversion (70%)15/25
- Margin stability (σ 2.3%)25/25
- Moat70/100 · Moderate
- ROIC >12% years (0/10 yrs)0/25
- Median gross margin (50.0%)20/25
- FCF-positive years (10/10 yrs)25/25
- Worst-year net margin (worst 24.1%)25/25
Risk Flags
- ⚠Altman Z 1.5 — distress-zone balance sheet
About Simon Property Group, Inc.
Simon Property Group is the largest retail real estate investment trust in the United States. Show more
Its portfolio includes an interest in 254 properties: 114 traditional malls, 108 premium outlets, 14 Mills centers (a combination of a traditional mall, outlet center, and big-box retailers), six lifestyle centers, and 12 other retail properties. Simon's portfolio averaged $838 in sales per square foot over the trailing 12 months. The company also owns a 22% interest in Klépierre, a European retail company with investments in shopping centers in 14 countries, and joint-venture interests in 33 premium outlets across 14 countries.
Headquarters: INDIANAPOLIS, IN · Employees: 3,600 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
54CP/E (TTM)14.4xA
Grade A: CheapPrice / TTM EPS (own statements) — vs own 5Y history: 13.8x–42.7x · 2nd pct
P/FCF20.4xB
Grade B: FairPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield4.9%C
Grade C: LowTTM (OCF − CapEx) / Market Cap — vs own 5Y history: 3.2%–9.5% · 30th pct
P/S (TTM)9.56xC
Grade C: ExpensivePrice / TTM Revenue (own statements) — vs own 5Y history: 6.4x–15.0x · 35th pct
EV/EBIT28.6xD
Grade D: ExpensiveEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 23.5x–41.4x · 44th pct
EV/Sales13.5xD
Grade D: Very expensiveEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E30.1xC
Grade C: ExpensivePrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio12.74xD
Grade D: Very expensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio—
Finnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield4.36%A
Grade A: PaysTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio62.0%C
Grade C: HighDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
80AROIC7.9%D
Grade D: LowNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE88.7%A
Grade A: StrongReturn on Equity. Neg. equity = heavy buybacks
ROA12.0%A
Grade A: StrongReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin66.5%A
Grade A: HighNet Income / Revenue
Operating Margin47.4%A
Grade A: HighTTM EBIT / TTM Revenue
Gross Margin47.4%C
Grade C: AverageGross Profit / Revenue
FCF Margin46.4%A
Grade A: HighFCF / Revenue
True FCF Margin46.4%A
Grade A: HighTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
57CRevenue CAGR5.6%C
Grade C: OkCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR19.8%A
Grade A: HighCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)23.6%A
Grade A: HighCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth-52.3%D
Grade D: Decl.Analyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)—
Share count change over 5Y
SBC / Net Income—
Stock-based comp/Net income. >30% = dilution risk
SBC / Revenue—
TTM stock-based comp / TTM Revenue
Financial Health
13EAltman Z-Score1.45D
Grade D: DistressBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio0.44xD
Grade D: LowCurrent Assets/Liabilities
Quick Ratio0.44xD
Grade D: Low(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage3.2xC
Grade C: OkEBIT/Interest. >10 Strong
Debt Repayment8.6yC
Grade C: AverageYears to repay net debt via FCF
Net Debt/EBIT8.4xD
Grade D: HighLeverage. <2x Low, >4x High
Debt/Equity5.46xD
Grade D: HighDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.03xD
Grade D: ThinCash covers how much of total debt. >1 = could repay all debt from cash
Quality
70B+Piotroski F-Score4/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score-2.44A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion69.7%C
Grade C: AverageFCF / Net Income
Margin Stability2.3%A
Grade A: StableEBIT margin std deviation. Lower = stable
Capex / Revenue13.0%C
Grade C: AverageTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.18xD
Grade D: LowRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Cicco Martin J Filed | Cicco Martin J | BuyOpen market buy | +15 | |
Jones Nina P Filed | Jones Nina P | BuyOpen market buy | +46 | |
Roe Peggy Filed | Roe Peggy | BuyOpen market buy | +88 | |
SELIG STEFAN M Filed | SELIG STEFAN M | BuyOpen market buy | +208 | |
Smith Daniel C. Filed | Smith Daniel C. | BuyOpen market buy | +350 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Aeppel Glyn Filed | Aeppel Glyn | BuyOpen market buy | +222 | |
STEWART MARTA R Filed | STEWART MARTA R | BuyOpen market buy | +199 | |
LEIBOWITZ REUBEN S Filed | LEIBOWITZ REUBEN S | BuyOpen market buy | +480 |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
70B+ROIC >12% Years0/10 yrsD
Grade D: WeakShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)50.0%A
Grade A: DurableMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years10/10 yrsA
Grade A: DurableShare of completed fiscal years with positive free cash flow
Net Margin Floor24.1%A
Grade A: DurableWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$14.27
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$3.15
Cash & short-term investments per share (Finnhub)
Book Value / Share$13.71
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$28.43B
Total debt obligations (short + long term)
Cash & Equiv.$823.15M
Cash and short-term investments
Net Debt$27.61B
Total Debt minus Cash. Negative = Net Cash position
Total Equity$5.21B
Shareholders' equity (book value)
Asset / Liability1.20xC
Grade C: AdequateTotal Assets / Total Liabilities
Market
Market Cap$66.34B
Current Market Capitalization
Beta1.33C
Grade C: VolatilePrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: Simon Property Group, Inc. (SPG)
SPG is up 1.01% at the last close. Piotroski F-Score of 4/9 indicates mixed fundamentals for Simon Property Group, Inc.. Altman Z-Score of 1.45 is below the 1.81 distress threshold — an elevated financial-risk flag. Beneish M-Score of -2.44 suggests a low likelihood of earnings manipulation.
- Simon Property Group, Inc. converts about 46% of revenue into free cash flow — strong cash generation.
- Takes ~8.6 years to repay net debt from free cash flow.
- Return on equity of 88.7% is well above the market average.
- The stock currently yields 4.4% in dividends.
See how SPG ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all SPG moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 15 | Regular | 202.46 | +1.89% | 2.62 |
| Oct 15 | After-hours | 203.39 | +2.36% | 3.22 |
| Oct 7 | Regular | 198.01 | -1.85% | -3.39 |
| Oct 7 | After-hours | 197.99 | -1.86% | -3.41 |
Frequently Asked Questions about SPG
What is the current Simon Property Group, Inc. (SPG) stock price?
SPG is trading at $205.44 at the last market close, up 1.01% on the session. PreMarketPrice tracks SPG pre-market, intraday and after-hours prices.
Is SPG stock a buy right now?
PreMarketPrice's quantitative model rates Simon Property Group, Inc.'s financial health at 13/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is SPG stock overvalued?
Simon Property Group, Inc. trades at a trailing P/E of 14.4 and our valuation score rates it 54/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Simon Property Group, Inc. report earnings?
No confirmed earnings date is currently scheduled for SPG. The Earnings section lists recent reports and updates as dates are announced.
What sector does Simon Property Group, Inc. operate in?
Simon Property Group, Inc. operates in the Real Estate sector, within the Real Estate Investment Trusts industry. The Related Stocks section lists sector peers for comparison.
What does Simon Property Group, Inc. do?
Simon Property Group is the largest retail real estate investment trust in the United States.
About Simon Property Group, Inc. (SPG) Stock
Simon Property Group, Inc. (SPG) is a US-listed stock operating in the Real Estate sector, specifically the Real Estate Investment Trusts industry. As of the latest update, Simon Property Group, Inc. is trading at $205.44, up 1.01% on the day with a market capitalization of $66.3 billion. The financial health score for SPG is 13/100, which indicates poor financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for SPG stock.
SPG Stock Analysis & Key Metrics
On PreMarketPrice, you can track Simon Property Group, Inc. (SPG) across multiple dimensions:
- Pre-market price & movement: Real-time SPG stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for SPG with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Simon Property Group, Inc. across multiple reporting periods.
- Financial health score: A composite score of 13/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for SPG.
- Sector peers: Compare SPG against 5 other real estate stocks on key financial metrics.
Is SPG a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Simon Property Group, Inc. (SPG) as an investment. The financial health score of 13/100 suggests poor financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Simon Property Group, Inc. (SPG) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.