WallStSmart

Alexanders Inc (ALX)vsSimon Property Group Inc (SPG)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Simon Property Group Inc generates 3041% more annual revenue ($6.65B vs $211.68M). SPG leads profitability with a 70.6% profit margin vs 9.7%. ALX appears more attractively valued with a PEG of 2.51. SPG earns a higher WallStSmart Score of 63/100 (C+).

ALX

Hold

39

out of 100

Grade: F

Growth: 2.7Profit: 7.5Value: 4.0Quality: 4.5
Piotroski: 3/9Altman Z: 0.87

SPG

Buy

63

out of 100

Grade: C+

Growth: 7.3Profit: 9.0Value: 4.0Quality: 3.0
Piotroski: 4/9Altman Z: 0.36
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ALXUndervalued (+24.0%)

Margin of Safety

+24.0%

Fair Value

$302.54

Current Price

$258.59

$43.95 discount

UndervaluedFair: $302.54Overvalued
SPGSignificantly Overvalued (-28.0%)

Margin of Safety

-28.0%

Fair Value

$152.15

Current Price

$210.31

$58.16 premium

UndervaluedFair: $152.15Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ALX2 strengths · Avg: 8.5/10
Return on EquityProfitability
22.7%9/10

Every $100 of equity generates 23 in profit

Operating MarginProfitability
26.1%8/10

Strong operational efficiency at 26.1%

SPG6 strengths · Avg: 9.2/10
Return on EquityProfitability
96.3%10/10

Every $100 of equity generates 96 in profit

Profit MarginProfitability
70.6%10/10

Keeps 71 of every $100 in revenue as profit

Operating MarginProfitability
43.4%10/10

Strong operational efficiency at 43.4%

Market CapQuality
$77.34B9/10

Large-cap with strong market position

P/E RatioValuation
14.1x8/10

Attractively priced relative to earnings

Revenue GrowthGrowth
19.3%8/10

19.3% revenue growth

Areas to Watch

ALX4 concerns · Avg: 3.0/10
Price/BookValuation
14.6x4/10

Trading at 14.6x book value

Market CapQuality
$1.26B3/10

Smaller company, higher risk/reward

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

PEG RatioValuation
2.512/10

Expensive relative to growth rate

SPG4 concerns · Avg: 2.3/10
Price/BookValuation
13.2x4/10

Trading at 13.2x book value

PEG RatioValuation
8.742/10

Expensive relative to growth rate

Altman Z-ScoreHealth
0.362/10

Distress zone — elevated risk

Debt/EquityHealth
5.961/10

Elevated debt levels

Comparative Analysis Report

WallStSmart Research

Bull Case : ALX

The strongest argument for ALX centers on Return on Equity, Operating Margin.

Bull Case : SPG

The strongest argument for SPG centers on Return on Equity, Profit Margin, Operating Margin. Profitability is solid with margins at 70.6% and operating margin at 43.4%. Revenue growth of 19.3% demonstrates continued momentum.

Bear Case : ALX

The primary concerns for ALX are Price/Book, Market Cap, Piotroski F-Score. A P/E of 61.8x leaves little room for execution misses. Debt-to-equity of 10.42 is elevated, increasing financial risk.

Bear Case : SPG

The primary concerns for SPG are Price/Book, PEG Ratio, Altman Z-Score. Debt-to-equity of 5.96 is elevated, increasing financial risk.

Key Dynamics to Monitor

ALX profiles as a value stock while SPG is a growth play — different risk/reward profiles.

SPG carries more volatility with a beta of 1.36 — expect wider price swings.

SPG is growing revenue faster at 19.3% — sustainability is the question.

SPG generates stronger free cash flow (625M), providing more financial flexibility.

Bottom Line

SPG scores higher overall (63/100 vs 39/100), backed by strong 70.6% margins and 19.3% revenue growth. ALX offers better value entry with a 24.0% margin of safety. Both earn "Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Alexanders Inc

REAL ESTATE · REIT - RETAIL · USA

Alexanders Inc. (Ticker: ALX) is a prominent real estate investment trust (REIT) focused on the acquisition, management, and development of high-quality commercial properties in the New York metropolitan area. The company's diversified portfolio, which includes strategically located office and retail spaces, caters to a wide range of tenants while emphasizing sustainable growth practices. With a strong financial position and a disciplined operational strategy, Alexanders Inc. is well-equipped to provide consistent returns, making it an appealing investment for institutional investors looking to capitalize on urban real estate opportunities.

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Simon Property Group Inc

REAL ESTATE · REIT - RETAIL · USA

Simon Property Group, Inc. is a real estate investment trust that invests in shopping malls, outlet centers, and community/lifestyle centers. It is the largest owner of shopping malls in the United States and is headquartered in Indianapolis, Indiana.

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