SPG Simon Property Group
Intrinsic value$238.96
Price (at call)$205.32
Margin of safety
+16.4%
vs market (rating basis)
+122.9%
Model unavailable; showing baseline valuation.
⚠ LLM error: empty response; using baseline
The story
Value drivers
| AFFO growth (Y1) | 6.3% |
| Terminal AFFO growth | 3.0% |
| AFFO / FFO ratio | 80.0% |
| Beta | 1.31 |
| Failure probability | 0.0% |
| Cost of equity | 10.9% |
Valuation bridge
| PV of AFFO (explicit) | 39.42B |
| PV of terminal value | 37.90B |
| Equity value | 77.32B |
| ÷ shares → per share | $238.96 |
News
bullish +0.30 · 8 articles
- Simon Property (SPG) Group Raised Its Outlook Again
- Sandisk Joins the S&P 100 on Monday -- the Same Day Nike Leaves It
- Simon Property Group Sees Leasing Surge as Traffic, Rents and Retail Demand Rise
- Simon Property Group (SPG) Plans To Hand Back Square One Mall
- Simon Approaching End Of The Road With Struggling Suburban Boston Mall
- Insider Sells 1,434 Shares of Legendary REIT
- One Retail REIT Cut Its Dividend in 2020 but Crushed Its Peer Since. Which Is Roth Ready?
- Shopping for Value? Malls Now Rank as Hottest Commercial Real Estate
Projected AFFO
| Yr | FFO | AFFO | Growth | PV |
|---|---|---|---|---|
| 1 | 6.89B | 5.51B | 6.3% | 4.97B |
| 2 | 7.31B | 5.84B | 6.0% | 4.75B |
| 3 | 7.71B | 6.17B | 5.6% | 4.52B |
| 4 | 8.12B | 6.49B | 5.2% | 4.29B |
| 5 | 8.51B | 6.81B | 4.9% | 4.06B |
| 6 | 8.90B | 7.12B | 4.5% | 3.82B |
| 7 | 9.26B | 7.41B | 4.1% | 3.59B |
| 8 | 9.61B | 7.69B | 3.7% | 3.36B |
| 9 | 9.93B | 7.95B | 3.4% | 3.13B |
| 10 | 10.23B | 8.18B | 3.0% | 2.91B |