Financials Simon Property Group, Inc. Wiener Boerse

Equities

SPGR

US8288061091

Commercial REITs

Real-time Estimate Tradegate 04:00:01 2024-05-23 pm EDT 5-day change 1st Jan Change
133.8 EUR -2.19% Intraday chart for Simon Property Group, Inc. -0.98% +6.21%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 45,711 27,983 52,503 38,606 46,536 47,650 - -
Enterprise Value (EV) 1 69,205 53,695 77,291 62,945 71,400 70,912 72,663 70,557
P/E ratio 21.9 x 23.8 x 23.4 x 18 x 20.4 x 23.8 x 25.2 x 25.5 x
Yield 5.57% 7.04% 3.66% 5.87% - 5.41% 5.62% 5.72%
Capitalization / Revenue 7.94 x 6.07 x 10.3 x 7.3 x 8.22 x 8.83 x 8.62 x 8.32 x
EV / Revenue 12 x 11.7 x 15.1 x 11.9 x 12.6 x 13.1 x 13.1 x 12.3 x
EV / EBITDA 16.3 x 16.3 x 21 x 16.5 x 17.5 x 17 x 16.8 x 16 x
EV / FCF 23.6 x 29.1 x 24.9 x 20.2 x - 55.5 x 40.8 x 28.5 x
FCF Yield 4.24% 3.43% 4.02% 4.95% - 1.8% 2.45% 3.51%
Price to Book 18.1 x 9.22 x 15.6 x 13.4 x 15.4 x 16.5 x 27.3 x 27.9 x
Nbr of stocks (in thousands) 306,869 328,136 328,619 328,619 326,247 325,944 - -
Reference price 2 149.0 85.28 159.8 117.5 142.6 146.2 146.2 146.2
Announcement Date 2/4/20 2/8/21 2/7/22 2/6/23 2/5/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 5,755 4,608 5,117 5,291 5,659 5,399 5,529 5,728
EBITDA 1 4,248 3,290 3,676 3,811 4,069 4,163 4,313 4,422
EBIT 1 2,908 1,972 2,413 2,584 2,807 2,883 3,015 3,003
Operating Margin 50.53% 42.8% 47.16% 48.83% 49.6% 53.4% 54.53% 52.43%
Earnings before Tax (EBT) 1 2,002 1,187 1,617 1,822 2,314 2,528 2,156 2,196
Net income 1 2,098 1,109 2,246 2,136 2,280 2,270 2,244 2,231
Net margin 36.46% 24.07% 43.9% 40.37% 40.29% 42.04% 40.59% 38.95%
EPS 2 6.810 3.590 6.840 6.520 6.980 6.134 5.801 5.728
Free Cash Flow 1 2,932 1,843 3,109 3,117 - 1,278 1,780 2,477
FCF margin 50.94% 39.99% 60.77% 58.9% - 23.67% 32.2% 43.25%
FCF Conversion (EBITDA) 69.01% 56.01% 84.59% 81.78% - 30.7% 41.28% 56.01%
FCF Conversion (Net income) 139.73% 166.11% 138.43% 145.89% - 56.31% 79.32% 111.03%
Dividend per Share 2 8.300 6.000 5.850 6.900 - 7.914 8.215 8.362
Announcement Date 2/4/20 2/8/21 2/7/22 2/6/23 2/5/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 1,326 1,296 1,280 1,316 1,400 1,351 1,370 1,411 1,527 1,443 1,320 1,344 1,413 1,311 1,324
EBITDA 1 911.4 930.6 925 821.6 1,001 969.8 977.5 1,009 1,112 1,043 1,003 1,038 1,108 1,003 1,033
EBIT 1 591.5 620.4 626.8 652.2 684.2 662.7 657.9 694.2 792.1 735.2 680.9 726.4 782.1 687.9 710.4
Operating Margin 44.61% 47.87% 48.97% 49.57% 48.88% 49.06% 48.04% 49.2% 51.86% 50.96% 51.6% 54.04% 55.34% 52.45% 53.65%
Earnings before Tax (EBT) 1 398 435.2 439.4 464.3 483.3 463.3 439.8 640.2 734.6 919.3 506.7 538.2 616.7 535.1 538.2
Net income 1 503.2 426.6 496.7 539 673.8 451.8 486.3 594.1 747.5 731.7 505.6 536.6 634.3 486.5 546.3
Net margin 37.95% 32.92% 38.81% 40.97% 48.13% 33.45% 35.51% 42.11% 48.94% 50.72% 38.32% 39.92% 44.89% 37.1% 41.26%
EPS 2 1.530 1.300 1.510 1.650 2.060 1.380 1.490 1.820 2.290 2.250 1.318 1.401 1.573 1.253 1.419
Dividend per Share 2 1.650 1.650 1.750 1.750 1.800 1.800 1.850 1.900 - 1.950 1.961 1.974 1.985 2.034 2.025
Announcement Date 2/7/22 5/9/22 8/1/22 11/1/22 2/6/23 5/2/23 8/2/23 10/30/23 2/5/24 5/6/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 23,494 25,712 24,787 24,339 24,864 23,262 25,013 22,907
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 5.53 x 7.816 x 6.743 x 6.387 x 6.111 x 5.588 x 5.8 x 5.18 x
Free Cash Flow 1 2,932 1,843 3,109 3,117 - 1,278 1,780 2,477
ROE (net income / shareholders' equity) 72.1% 39.9% 70.2% 63.7% 62% 75.9% 109% 195%
ROA (Net income/ Total Assets) 6.78% 3.36% 6.55% 6.4% 5.67% 6.1% 6.11% 6.6%
Assets 1 30,959 33,009 34,282 33,394 40,184 37,208 36,717 33,801
Book Value Per Share 2 8.230 9.250 10.20 8.750 9.280 8.860 5.350 5.240
Cash Flow per Share 2 12.40 7.540 11.10 10.00 - 9.840 9.950 10.30
Capex 1 876 484 528 650 - 623 740 912
Capex / Sales 15.22% 10.51% 10.32% 12.28% - 11.53% 13.39% 15.91%
Announcement Date 2/4/20 2/8/21 2/7/22 2/6/23 2/5/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
18
Last Close Price
146.2 USD
Average target price
159.3 USD
Spread / Average Target
+8.96%
Consensus
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  5. Financials Simon Property Group, Inc.