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v0.1
SPG$203.18-1.08%
Fair $203.18+0.0%

SPG

Simon Property Group, Inc.

Real Estate / REIT - RetailNYSE

$203.18

-2.21 (-1.08%)

Fairly Valued+0.0%Fair Value $203.18Fund rank 32/100 · Data gapFallback financials|
SA 43/C
F-Score: 5/9
High Debt

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 100% · confianza 20%

FCF escenarios

weak_data · normalized FCF n/d · quality 100.0/100

Data gap 32/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 98/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

43/100

C

Piotroski

5/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

20/100

SEC 0%

Latest source: unknownPeriods: 19Warnings: 1unknown: 19
No SEC-backed annual rows; valuation uses fallback financial data. Sector-specific NAV/AFFO model required: REIT/real-estate targets are disabled until FFO/AFFO/NAV/cap-rate data exists. REIT NAV/AFFO valuation requires positive AFFO/share history or TTM AFFO/share; generic FCF remains disabled. Debt-to-Equity ratio is 5.60, above the 2.0 threshold
Thesis & Journal · SPGLocal privado en este navegador · Simon Property Group, Inc.
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$77.2B

P/E

14.1x

↑

EV/EBITDA

11.9x

↓

ROE

88.9%

↑

Gross Margin

81.9%

↑

Debt/Equity

5.60

↑
52-Week Range$203
$155$209

TradingView lightweight chart

SPG price, volumen y niveles de valoración

Último $202.70Periodo +865.3%
Fair value: $203.18

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2007–2025 · 18 años de histórico normalizado

Revenue CAGR

+3.1%

FCF CAGR

—

FCF margin

50.3%

FCF / Net income

0.69x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $6.36B · net income $4.63B · FCF $3.20B

2007-FY → 2025-FY

Gross margin

81.9%— pts

Operating margin

49.9%+7.9% pts

Net margin

72.7%+55.2% pts

FCF margin

50.3%— pts
MetricTTM
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
Income Statement
Revenue$6.36B$6.36B$5.96B$5.66B$5.29B$5.12B$4.61B$5.76B$5.65B$5.53B$5.44B$5.27B$4.87B$4.54B$4.26B$4.31B$3.96B$3.78B$3.78B$3.65B
Net Income$4.63B$4.63B$2.37B$2.28B$2.14B$2.57B$1.28B$2.42B$2.82B$2.24B$2.13B$2.14B$1.65B$1.55B$1.72B$1.25B$753.5M$387.3M$599.5M$639.2M
EBITDA$7.93B$7.93B$5.02B$4.89B$4.59B$3.68B$3.29B$4.25B$4.21B$4.08B$3.97B$3.85B$3.53B$3.30B$3.07B$3.01B$2.73B$2.40B$2.51B$2.44B
EPS14.1714.177.266.986.526.843.596.81—————3.994.443.271.980.991.761.83
Gross Margin81.9%81.9%82.5%81.8%81.1%———————————————
Operating Margin49.9%49.9%51.9%49.6%48.8%47.2%42.8%50.6%51.8%50.7%50.1%50.7%49.0%48.2%47.1%45.1%44.1%37.3%40.8%42.0%
Net Margin72.7%72.7%39.8%40.3%40.4%50.2%27.7%42.1%50.0%40.6%39.3%40.6%33.9%34.1%40.4%28.9%19.0%10.3%15.8%17.5%
Balance Sheet
Debt/Equity5.605.608.428.778.117.538.799.567.076.685.335.01———3.963.62———
Current Ratio0.200.20——————————————————
Cash Flow
Free Cash Flow$3.20B$3.20B$3.06B$3.14B$3.12B———————————————
Returns
ROE88.9%88.9%80.6%75.5%68.2%76.4%42.0%95.9%85.6%60.9%49.5%47.8%32.4%26.5%29.1%26.8%15.6%8.7%22.9%—
Valuation
P/E14.1114.1124.2520.1518.23———————————————
EV/EBITDA11.9211.9216.1014.5913.90———————————————
P/B12.7012.7019.5215.2112.42———————————————
Growth & Yield
Revenue Growth6.7%6.7%5.4%6.9%—11.1%-19.9%1.9%2.1%1.7%3.2%8.1%7.2%6.8%-1.2%8.8%4.8%-0.2%3.6%—
EPS Growth95.2%95.2%4.0%7.1%—90.5%-47.3%——————-10.2%35.6%65.7%100.0%-43.9%-4.1%—
Dividend Yield4.3%4.3%——————————————————

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%

3Y implied EPS CAGR

8.4%

razonable

EPS terminal req.

$18.03

Spread vs growth

86.8%

5Y implied EPS CAGR

9.0%

razonable

EPS terminal req.

$21.81

Spread vs growth

86.2%

10Y implied EPS CAGR

9.5%

razonable

EPS terminal req.

$35.13

Spread vs growth

85.7%

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total +28.6%

Total return

+28.6%

Start / end P/E

22.5x → 14.3x

EPS bridge

7.26 → 14.17

Residual

-34.6%

EPS growth+95.2%
Multiple rerating-36.3%
Dividend+4.3%
Residual / FX / buybacks / cross-term-34.6%

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.