Simon Property Financials

SPG Stock  USD 146.19  1.78  1.20%   
Based on the key measurements obtained from Simon Property's financial statements, Simon Property Group is not in a good financial situation at this time. It has a very high probability of going through financial hardship in June. At this time, Simon Property's Cash And Short Term Investments are most likely to increase significantly in the upcoming years. The Simon Property's current Net Receivables is estimated to increase to about 1.5 B, while Short and Long Term Debt Total is projected to decrease to roughly 17.5 B. Key indicators impacting Simon Property's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.00.0
Significantly Down
Very volatile
Return On Equity0.00.0
Fairly Down
Pretty Stable
Debt Equity Ratio8.389.5869
Fairly Down
Pretty Stable
Operating Income1.7 B2.8 B
Way Down
Slightly volatile
Current Ratio0.871.0383
Fairly Down
Pretty Stable
The financial analysis of Simon Property is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Simon Property includes many different criteria found on its balance sheet. For example, investors should never minimize Simon Property's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Simon Property's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Simon Property.

Cash And Equivalents

616.37 Million

With this module, you can analyze Simon financials for your investing period. You should be able to track the changes in Simon Property individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Simon Property Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Simon Property's financial statements are interrelated, with each one affecting the others. For example, an increase in Simon Property's assets may result in an increase in income on the income statement.
The data published in Simon Property's official financial statements usually reflect Simon Property's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Simon Property Group. For example, before you start analyzing numbers published by Simon accountants, it's critical to develop an understanding of what Simon Property's liquidity, profitability, and earnings quality are in the context of the Retail REITs space in which it operates.
Please note, the presentation of Simon Property's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Simon Property's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Simon Property's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Simon Property Group. Please utilize our Beneish M Score to check the likelihood of Simon Property's management manipulating its earnings.

Simon Property Stock Summary

Simon Property competes with Agree Realty, Realty Income, Tanger Factory, NetstreitCorp, and Getty Realty. Simon is a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations and an SP 100 company . Our properties across North America, Europe and Asia provide community gathering places for millions of people every day and generate billions in annual sales. Simon Property operates under REITRetail classification in the United States and is traded on New York Stock Exchange. It employs 2400 people.
Specialization
Real Estate, Equity Real Estate Investment Trusts (REITs)
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS8288061091
CUSIP828806109 828781104 828805101
LocationIndiana; U.S.A
Business Address225 West Washington
SectorRetail REITs
IndustryReal Estate
BenchmarkNYSE Composite
Websitewww.simon.com
Phone317 636 1600
CurrencyUSD - US Dollar
You should never invest in Simon Property without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Simon Stock, because this is throwing your money away. Analyzing the key information contained in Simon Property's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Simon Property Key Financial Ratios

Generally speaking, Simon Property's financial ratios allow both analysts and investors to convert raw data from Simon Property's financial statements into concise, actionable information that can be used to evaluate the performance of Simon Property over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Simon Property Group reports annually and quarterly.

Simon Property Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets31.2B34.8B33.8B33.0B34.3B24.0B
Net Debt24.0B26.2B25.3B24.8B25.3B16.8B
Retained Earnings(5.4B)(6.1B)(5.8B)(5.9B)(6.1B)(5.8B)
Total Liab28.1B31.1B29.4B29.2B30.6B19.8B
Other Current Liab239.2M1.4B1.1B(287.7M)1.8B1.3B
Cash669.4M1.0B533.9M621.6M1.2B892.5M
Other Assets209.3M31.2B30.7B29.7B1K950.0
Net Receivables832.2M1.2B919.7M823.5M1.4B1.5B
Inventory6.9M1.0(538.2M)2.2B2.5B2.6B
Other Current Assets(1.5B)(2.2B)(1.5B)(1.4B)(2.2B)(2.1B)
Total Current Assets1.5B2.2B1.8B1.4B3.6B1.8B
Other Liab413.8M513.5M540.9M452.2M407.0M640.9M
Accounts Payable1.4B1.3B1.4B1.5B1.7B1.3B
Long Term Debt24.2B26.7B25.3B25.0B26.0B20.2B
Treasury Stock(1.4B)(1.8B)(1.9B)(1.9B)(1.7B)(1.6B)
Intangible Assets75.8M35.0M33.3M17.8M8.7M8.3M
Net Tangible Assets2.7B3.2B3.3B3.3B3.0B3.4B
Capital Surpluse9.8B11.2B11.2B11.2B12.9B10.8B

Simon Property Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Simon Property's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense789.4M784.4M795.7M762.8M854.6M731.8M
Total Revenue5.8B4.6B5.1B5.3B5.7B3.8B
Gross Profit4.7B3.7B4.1B4.3B4.7B3.3B
Operating Income2.9B2.0B2.4B2.6B2.8B1.7B
Ebit2.9B2.0B2.4B2.6B2.8B2.0B
Ebitda4.7B3.5B4.5B4.5B4.1B2.9B
Income Before Tax2.5B1.3B2.7B2.5B7.0K6.6K
Net Income2.1B1.1B2.2B2.1B7.0K6.6K
Income Tax Expense30.1M(4.6M)157.2M83.5M81.9M86.0M
Cost Of Revenue1.0B887.2M971.1M1.0B931.1M866.6M
Minority Interest321.6M164.8M(319.1M)(312.9M)(333.9M)(317.2M)
Interest Income353.2M584.2M157.7M53.3M48.0M45.6M
Tax Provision30.1M(4.6M)157.2M83.5M81.9M60.2M
Net Interest Income(789.4M)(784.4M)(795.7M)(761.3M)(854.6M)(897.4M)

Simon Property Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Simon Property Group. It measures of how well Simon is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Simon Property brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Simon had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Simon Property has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash155.0M342.2M(477.7M)87.7M547.4M574.7M
Free Cash Flow2.9B1.8B3.1B3.1B3.1B3.3B
Depreciation1.4B1.4B1.3B1.3B1.3B927.6M
Other Non Cash Items26.9M119.4M(648.9M)(126.8M)127.4M133.8M
Capital Expenditures876.0M484.1M527.9M650.0M793.3M768.1M
Net Income2.4B1.3B2.6B2.5B2.3B1.1B
End Period Cash Flow669.4M1.0B533.9M621.6M1.2B764.6M
Dividends Paid2.9B1.7B2.7B2.6B(2.4B)(2.3B)
Change To Inventory157K415.9M(265.4M)(63.4M)11.8M15.5M
Investments(214.2M)(3.6B)(40.6M)(57.2M)(1.4B)(1.3B)
Change Receivables(157K)(415.9M)265.4M63.4M72.9M76.5M
Net Borrowings784.6M2.3B(875.7M)(272.5M)(313.3M)(297.7M)
Change To Netincome33.5M(15.2M)(271.5M)(61.2M)(55.0M)(52.3M)

Simon Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Simon Property's current stock value. Our valuation model uses many indicators to compare Simon Property value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Simon Property competition to find correlations between indicators driving Simon Property's intrinsic value. More Info.
Simon Property Group is currently regarded as top stock in return on equity category among related companies. It is currently regarded as top stock in return on asset category among related companies reporting about  0.07  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Simon Property Group is roughly  14.71 . At this time, Simon Property's Return On Equity is most likely to slightly decrease in the upcoming years.Comparative valuation analysis is a catch-all model that can be used if you cannot value Simon Property by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Simon Property's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Simon Property's earnings, one of the primary drivers of an investment's value.

Simon Property Group Systematic Risk

Simon Property's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Simon Property volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Simon Property Group correlated with the market. If Beta is less than 0 Simon Property generally moves in the opposite direction as compared to the market. If Simon Property Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Simon Property Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Simon Property is generally in the same direction as the market. If Beta > 1 Simon Property moves generally in the same direction as, but more than the movement of the benchmark.

About Simon Property Financials

What exactly are Simon Property Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Simon Property's income statement, its balance sheet, and the statement of cash flows. Potential Simon Property investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Simon Property investors may use each financial statement separately, they are all related. The changes in Simon Property's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Simon Property's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Simon Property Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Simon Property is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Simon has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Simon Property's financials are consistent with your investment objective using the following steps:
  • Review Simon Property's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Simon Property's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Simon Property's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Simon Property's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Simon Property Thematic Clasifications

Simon Property Group is part of several thematic ideas from Marketing to Stores. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Simon Property Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Simon Property's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Simon Property growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(63,445.57)

At this time, Simon Property's Price Earnings To Growth Ratio is most likely to decrease significantly in the upcoming years.

Simon Property May 23, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Simon Property help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Simon Property Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Simon Property Group based on widely used predictive technical indicators. In general, we focus on analyzing Simon Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Simon Property's daily price indicators and compare them against related drivers.
When determining whether Simon Property Group is a strong investment it is important to analyze Simon Property's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Simon Property's future performance. For an informed investment choice regarding Simon Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Simon Property Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Complementary Tools for Simon Stock analysis

When running Simon Property's price analysis, check to measure Simon Property's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Simon Property is operating at the current time. Most of Simon Property's value examination focuses on studying past and present price action to predict the probability of Simon Property's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Simon Property's price. Additionally, you may evaluate how the addition of Simon Property to your portfolios can decrease your overall portfolio volatility.
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Is Simon Property's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Simon Property. If investors know Simon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Simon Property listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.627
Dividend Share
7.6
Earnings Share
7.85
Revenue Per Share
17.61
Quarterly Revenue Growth
0.068
The market value of Simon Property Group is measured differently than its book value, which is the value of Simon that is recorded on the company's balance sheet. Investors also form their own opinion of Simon Property's value that differs from its market value or its book value, called intrinsic value, which is Simon Property's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Simon Property's market value can be influenced by many factors that don't directly affect Simon Property's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Simon Property's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simon Property is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simon Property's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.