SPG (Simon Property Group) EV-to-EBIT: 16.07 (As of Jul. 25, 2026) — 25% Below Median

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SPG Simon Property Group Inc SPG
79 GF Score
Price $229.78
GF Value $180.59
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Simon Property Group EV-to-EBIT?

Simon Property Group SPG +2.03% 79 EV-to-EBIT is 16.07 as of Jul. 25, 2026, which is 25% below its 10-year median of 21.32. GuruFocus rates SPG with a GF Score™ of 79/100 and a GF Value™ of $180.59 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 663 REITs companies, Simon Property Group ranks better than 56.86% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Simon Property Group's Enterprise Value is $104,473 Mil. Simon Property Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $6,502 Mil. Therefore, Simon Property Group's EV-to-EBIT for today is 16.07.

The historical rank and industry rank for Simon Property Group's EV-to-EBIT or its related term are showing as below:

SPG' s EV-to-EBIT Range Over the Past 10 Years
Min: 12.16   Med: 21.32   Max: 34.11
Current: 16.07

During the past 13 years, the highest EV-to-EBIT of Simon Property Group was 34.11. The lowest was 12.16. And the median was 21.32.

SPG's EV-to-EBIT is ranked better than
56.86% of 663 companies
in the REITs industry
Industry Median: 18.24 vs SPG: 16.07

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Simon Property Group's Enterprise Value for the quarter that ended in Mar. 2026 was $90,448 Mil. Simon Property Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $6,502 Mil. Simon Property Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.19%.


Simon Property Group  (NYSE:SPG) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Simon Property Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=6501.788/90447.5017
=7.19 %

Simon Property Group's Enterprise Value for the quarter that ended in Mar. 2026 was $90,448 Mil.
Simon Property Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $6,502 Mil.

* 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 EV-to-EBIT Related Terms


Simon Property Group EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Simon Property Group's EV-to-EBIT 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 EV-to-EBIT Chart

Simon Property Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.40 19.40 20.13 21.94 14.13

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
EV-to-EBIT 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 24.35 23.23 24.52 14.13 13.91

SPG vs O, KIM, REG: EV-to-EBIT Comparison

For the REIT - Retail subindustry, Simon Property Group's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs REITs Industry

For the REITs industry and Real Estate sector, Simon Property Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Simon Property Group's EV-to-EBIT falls into.


SPG
79GF Score
Simon Property Group Inc SPG
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Simon Property Group EV-to-EBIT Calculation

Simon Property Group's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=104473.024/6501.788
=16.07

Simon Property Group's current Enterprise Value is $104,473 Mil.
Simon Property Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $6,502 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 16.07 mean?
Simon Property Group (SPG) has a EV-to-EBIT of 16.07 as of Jul. 25, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Simon Property Group and its competitors. This is 25% below median its historical median of 21.32. Over the past decade, Simon Property Group's EV-to-EBIT has ranged from 12.16 to 34.11. According to the industry distribution chart, Simon Property Group ranks #286 out of 663 companies in the REITs industry, placing it in the top 43.1%.
Is Simon Property Group's EV-to-EBIT too high?
Simon Property Group's current EV-to-EBIT of 16.07 is 25% below median its 10-year median of 21.32. Over the past 10 years, this metric has ranged from a low of 12.16 to a high of 34.11. The REITs industry median EV-to-EBIT is 18.24. Simon Property Group's value of 16.07 is 11.9% below this industry median. Based on the distribution chart, Simon Property Group ranks #286 out of 663 companies in the REITs industry, which is above the industry midpoint. Overall, Simon Property Group has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Simon Property Group's EV-to-EBIT compare to O and KIM?
According to the REITs industry distribution chart, Simon Property Group ranks #286 out of 663 companies for EV-to-EBIT. This puts Simon Property Group in the upper half of its industry. The industry median EV-to-EBIT is 18.24. Simon Property Group's value of 16.07 is 11.9% below this benchmark. Historically, Simon Property Group's own EV-to-EBIT has ranged from 12.16 to 34.11 over the past decade. While the company's 10-year median is 21.32 vs. the industry median of 18.24, Simon Property Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a REITs company?
The median EV-to-EBIT among REITs companies is 18.24, based on 663 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Simon Property Group's current EV-to-EBIT of 16.07 is 11.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Simon Property Group and its competitors. For the REITs industry, the median EV-to-EBIT is 18.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Simon Property Group's current EV-to-EBIT is 16.07, which is 25% below median its own 10-year median of 21.32. 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 (SPG) is currently considered Modestly Overvalued. The stock's GF Value™ is $180.59, compared to a current price of $229.78 — trading 27.2% above its estimated fair value. The current EV-to-EBIT is 16.07, which is 25% below median its 10-year median of 21.32 and 11.9% below the REITs industry median of 18.24. Simon Property Group's overall GF Score™ is 79/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Simon Property Group (SPG), the current EV-to-EBIT is 16.07 as of Jul. 25, 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 (SPG) Overvalued in 2026?

Based on GuruFocus' analysis, Simon Property Group stock appears to be overvalued. The current stock price of $229.78 is trading 27.2% above its estimated GF Value™ of $180.59. GuruFocus considers Simon Property Group to be Modestly Overvalued.

Key valuation signals for SPG:

  • EV-to-EBIT: 16.07 (25% below median its 10-year median of 21.32)
  • GF Value™: $180.59 vs. price of $229.78 (27.2% above fair value)
  • GF Score™: 79/100 with 8 warning signs
  • Industry Position: 11.9% below the REITs median (#286 of 663)

No single metric tells the full story. See the 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.
79GF Score

Get the complete analysis for SPG

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$229.78
Price
$180.59
GF Value