Simon Property Group (MEX:SPG) Cyclically Adjusted FCF per Share: MXN191.07 (As of Mar. 2026)

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MEX:SPG Simon Property Group Inc MEX:SPG
70 GF Score
Price MXN3,857.00
GF Value MXN3,173.46
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Simon Property Group Cyclically Adjusted FCF per Share?

Simon Property Group MEX:SPG -0.85% 70 Cyclically Adjusted FCF per Share is MXN191.07 as of Mar. 2026. GuruFocus rates MEX:SPG with a GF Score™ of 70/100 and a GF Value™ of MXN3,173.46 (Modestly Overvalued). The stock has 8 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Simon Property Group's adjusted free cash flow per share for the three months ended in Mar. 2026 was MXN34.681. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is MXN191.07 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Simon Property Group's average Cyclically Adjusted FCF Growth Rate was 3.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 4.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 6.40% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 7.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Simon Property Group was 38.40% per year. The lowest was -39.70% per year. And the median was 6.80% per year.

As of today (2026-07-16), Simon Property Group's current stock price is MXN3857.00. Simon Property Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was MXN191.07. Simon Property Group's Cyclically Adjusted Price-to-FCF of today is 20.19.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Simon Property Group was 42.60. The lowest was 6.07. And the median was 16.92.


Simon Property Group  (MEX:SPG) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Simon Property Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=3857.00/191.07
=20.19

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Simon Property Group was 42.60. The lowest was 6.07. And the median was 16.92.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Simon Property Group Cyclically Adjusted FCF per Share Related Terms


Simon Property Group Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Simon Property Group's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Simon Property Group Cyclically Adjusted FCF per Share Chart

Simon Property Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 178.23 181.72 168.52 212.31 194.17

Simon Property Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 209.20 197.15 183.91 194.17 191.07

MEX:SPG vs O, KIM, REG: Cyclically Adjusted FCF per Share Comparison

For the REIT - Retail subindustry, Simon Property Group's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Simon Property Group Cyclically Adjusted Price-to-FCF vs REITs Industry

For the REITs industry and Real Estate sector, Simon Property Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Simon Property Group's Cyclically Adjusted Price-to-FCF falls into.


MEX:SPG
70GF Score
Simon Property Group Inc MEX:SPG
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Simon Property Group Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Simon Property Group's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=34.681/330.2130*330.2130
=34.681

Current CPI (Mar. 2026) = 330.2130.

Simon Property Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 45.972 241.018 62.985
201609 39.694 241.428 54.291
201612 40.660 241.432 55.612
201703 38.349 243.801 51.941
201706 49.517 244.955 66.752
201709 43.290 246.819 57.917
201712 39.776 246.524 53.279
201803 39.234 249.554 51.915
201806 52.808 251.989 69.201
201809 40.102 252.439 52.457
201812 51.021 251.233 67.060
201903 38.960 254.202 50.610
201906 53.739 256.143 69.279
201909 47.627 256.759 61.252
201912 43.411 256.974 55.783
202003 40.400 258.115 51.685
202006 -3.867 257.797 -4.953
202009 40.351 260.280 51.193
202012 50.693 260.474 64.265
202103 47.349 264.877 59.028
202106 53.802 271.696 65.390
202109 42.793 274.310 51.514
202112 48.471 278.802 57.409
202203 38.611 287.504 44.347
202206 57.960 296.311 64.591
202209 48.284 296.808 53.718
202212 44.574 296.797 49.593
202303 36.530 301.836 39.964
202306 47.591 305.109 51.507
202309 37.705 307.789 40.452
202312 44.709 306.746 48.129
202403 31.069 312.332 32.848
202406 49.154 314.175 51.663
202409 42.651 315.301 44.668
202412 55.462 315.605 58.029
202503 37.430 319.799 38.649
202506 56.017 322.561 57.346
202509 38.490 324.800 39.131
202512 52.378 324.054 53.374
202603 34.681 330.213 34.681

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of MXN191.07 mean?
Simon Property Group (MEX:SPG) has a Cyclically Adjusted FCF per Share of MXN191.07 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Simon Property Group and its competitors.
Is Simon Property Group's Cyclically Adjusted FCF per Share too high?
Simon Property Group's current Cyclically Adjusted FCF per Share is MXN191.07. Overall, Simon Property Group has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Simon Property Group's Cyclically Adjusted FCF per Share compare to O and KIM?
Simon Property Group's Cyclically Adjusted FCF per Share of MXN191.07 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a REITs company?
A good Cyclically Adjusted FCF per Share depends on the REITs industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Simon Property Group and its competitors. Simon Property Group's current Cyclically Adjusted FCF per Share is MXN191.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Simon Property Group stock overvalued right now?
Based on GuruFocus' analysis, Simon Property Group (MEX:SPG) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN3,173.46, compared to a current price of MXN3,857.00 — trading 21.5% above its estimated fair value. The current Cyclically Adjusted FCF per Share is MXN191.07. Simon Property Group's overall GF Score™ is 70/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Simon Property Group (MEX:SPG), the current Cyclically Adjusted FCF per Share is MXN191.07 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Simon Property Group (MEX:SPG) Overvalued in 2026?

Based on GuruFocus' analysis, Simon Property Group stock appears to be overvalued. The current stock price of MXN3,857.00 is trading 21.5% above its estimated GF Value™ of MXN3,173.46. GuruFocus considers Simon Property Group to be Modestly Overvalued.

Key valuation signals for MEX:SPG:

  • Cyclically Adjusted FCF per Share: MXN191.07
  • GF Value™: MXN3,173.46 vs. price of MXN3,857.00 (21.5% above fair value)
  • GF Score™: 70/100 with 8 warning signs

No single metric tells the full story. See the MEX:SPG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Simon Property Group Business Description

Industry Real EstateREITs
Address 225 West Washington Street, Indianapolis, IN, USA, 46204
Simon Property Group is the largest retail real estate investment trust in the United States. Its portfolio includes an interest in 254 properties: 114 traditional malls, 108 premium outlets, 14 Mills centers (a combination of a traditional mall, outlet center, and big-box retailers), six lifestyle centers, and 12 other retail properties. Simon's portfolio averaged $736 in sales per square foot over the trailing 12 months. The company also owns a 22% interest in Klépierre, a European retail company with investments in shopping centers in 14 countries, and joint-venture interests in 33 premium outlets across 14 countries.
70GF Score

Get the complete analysis for MEX:SPG

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN3,857.00
Price
MXN3,173.46
GF Value