SPG - NYSE

Simon Property Group, Inc.

Simon Property Group, Inc.

SPGยทNYSE

$203.55

+0.0098%
Real EstateREIT - Retail

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.

StatementsValue Model

At a Glance

Live Snapshot
Market Cap$66.01B
EPS14.1400
P/E Ratio14.40
Earnings Date08/03/2026
Simon Property Group, Inc.

Simon Property Group, Inc. Fair Value Envelope

SPG ยท NYSE

Our analysis suggests that SPG has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $203.55, this represents a potential HIDDEN relative to our calculated worth for Simon Property Group, Inc..

HIDDEN
Intrinsic Value
Current Price: $203.55

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$223.3B
+ Cash & Equivalents$823.1M
Firm Value$224.1B
- Debt$29.2B
Equity Value$195.0B
/ Shares Outstanding326,462,060B
DCF Value$597
UNDERVALUED BY 193%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$5.2B
$6.1B
$7.1B
$8.3B
$9.6B
$11.2B
$13.1B
$15.2B
$17.8B
$20.7B
Maintenance CapEx
-$212.7M
-$247.9M
-$288.9M
-$336.7M
-$392.4M
-$457.4M
-$533.1M
-$621.3M
-$724.1M
-$844.0M
Owner Earnings
$5.0B
$5.8B
$6.8B
$7.9B
$9.2B
$10.8B
$12.5B
$14.6B
$17.0B
$19.9B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$4.6B
$5.0B
$5.4B
$5.8B
$6.3B
$6.8B
$7.3B
$7.9B
$8.5B
$9.2B
Terminal Value represents 70.0% of Enterprise Value

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