Simon Property Group (MEX:SPG) Intrinsic Value: Projected FCF: MXN2,072.50 (As of Sep. 21, 2026)

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MEX:SPG Simon Property Group Inc MEX:SPG
68 GF Score
Price MXN3,468.50
GF Value MXN3,018.99
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Simon Property Group Intrinsic Value: Projected FCF?

Simon Property Group MEX:SPG 68 Intrinsic Value: Projected FCF is MXN2,072.50 as of Sep. 21, 2026. GuruFocus rates MEX:SPG with a GF Score™ of 68/100 and a GF Value™ of MXN3,018.99 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 616 REITs companies, Simon Property Group ranks worse than 92.05% on this metric.

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2026-09-21), Simon Property Group's Intrinsic Value: Projected FCF is MXN2,072.50. The stock price of Simon Property Group is MXN3468.50. Therefore, Simon Property Group's Price-to-Intrinsic-Value-Projected-FCF of today is 1.7.

The historical rank and industry rank for Simon Property Group's Intrinsic Value: Projected FCF or its related term are showing as below:

MEX:SPG' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.65   Med: 1.76   Max: 2.9
Current: 1.67

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Simon Property Group was 2.90. The lowest was 0.65. And the median was 1.76.

MEX:SPG's Price-to-Projected-FCF is ranked worse than
92.05% of 616 companies
in the REITs industry
Industry Median: 0.63 vs MEX:SPG: 1.67

Simon Property Group  (MEX:SPG) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Simon Property Group's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=3468.50/2143.9407902314
=1.62

* 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 Intrinsic Value: Projected FCF Related Terms


Simon Property Group Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Simon Property Group's Intrinsic Value: Projected FCF 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 Intrinsic Value: Projected FCF Chart

Simon Property Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,920.47 2,015.07 2,007.38 2,036.70 2,160.20

Simon Property Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Intrinsic Value: Projected FCF 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 2,013.50 1,988.75 2,162.74 2,144.38 2,207.99

MEX:SPG vs O, KIM, REG: Intrinsic Value: Projected FCF Comparison

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

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

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


MEX:SPG
68GF Score
Simon Property Group Inc MEX:SPG
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Simon Property Group Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Simon Property Group's Free Cash Flow(6 year avg) = MXN64,217.81.

Simon Property Group's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Jun26)*0.8)/Shares Outstanding (Diluted Average)
=(9.8522006035458*64217.8106528+77485.87658*0.8)/324.018022
=2,143.94

* 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.

What does a Intrinsic Value: Projected FCF of MXN2,072.50 mean?
Simon Property Group (MEX:SPG) has a Intrinsic Value: Projected FCF of MXN2,072.50 as of Sep. 21, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Simon Property Group and its competitors. According to the industry distribution chart, Simon Property Group ranks #567 out of 616 companies in the REITs industry, placing it in the top 92%.
Is Simon Property Group's Intrinsic Value: Projected FCF too high?
Simon Property Group's current Intrinsic Value: Projected FCF is MXN2,072.50. Based on the distribution chart, Simon Property Group ranks #567 out of 616 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Simon Property Group has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Simon Property Group's Intrinsic Value: Projected FCF compare to O and KIM?
According to the REITs industry distribution chart, Simon Property Group ranks #567 out of 616 companies for Intrinsic Value: Projected FCF. This places Simon Property Group in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 0.63. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a REITs company?
The median Intrinsic Value: Projected FCF among REITs companies is 0.63, based on 616 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF 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 Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Simon Property Group and its competitors. For the REITs industry, the median Intrinsic Value: Projected FCF is 0.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Simon Property Group's current Intrinsic Value: Projected FCF is MXN2,072.50. 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 MXN3,018.99, compared to a current price of MXN3,468.50 — trading 14.9% above its estimated fair value. The current Intrinsic Value: Projected FCF is MXN2,072.50. Simon Property Group's overall GF Score™ is 68/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Simon Property Group (MEX:SPG), the current Intrinsic Value: Projected FCF is MXN2,072.50 as of Sep. 21, 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 MXN3,468.50 is trading 14.9% above its estimated GF Value™ of MXN3,018.99. GuruFocus considers Simon Property Group to be Modestly Overvalued.

Key valuation signals for MEX:SPG:

  • Intrinsic Value: Projected FCF: MXN2,072.50
  • GF Value™: MXN3,018.99 vs. price of MXN3,468.50 (14.9% above fair value)
  • GF Score™: 68/100 with 6 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.
68GF Score

Get the complete analysis for MEX:SPG

Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN3,468.50
Price
MXN3,018.99
GF Value