WallStSmart

Saul Centers Inc (BFS)vsSimon Property Group Inc (SPG)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Simon Property Group Inc generates 2152% more annual revenue ($6.36B vs $282.62M). SPG leads profitability with a 72.7% profit margin vs 13.8%. SPG appears more attractively valued with a PEG of 8.74. SPG earns a higher WallStSmart Score of 67/100 (B-).

BFS

Hold

47

out of 100

Grade: D+

Growth: 4.7Profit: 7.0Value: 4.7Quality: 5.0

SPG

Strong Buy

67

out of 100

Grade: B-

Growth: 5.3Profit: 9.0Value: 7.3Quality: 4.5
Piotroski: 4/9
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

BFSSignificantly Overvalued (-341.7%)

Margin of Safety

-341.7%

Fair Value

$7.75

Current Price

$32.71

$24.96 premium

UndervaluedFair: $7.75Overvalued
SPGUndervalued (+70.6%)

Margin of Safety

+70.6%

Fair Value

$663.16

Current Price

$181.57

$481.59 discount

UndervaluedFair: $663.16Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

BFS1 strengths · Avg: 10.0/10
Operating MarginProfitability
43.1%10/10

Strong operational efficiency at 43.1%

SPG5 strengths · Avg: 9.4/10
Return on EquityProfitability
104.1%10/10

Every $100 of equity generates 104 in profit

Profit MarginProfitability
72.7%10/10

Keeps 73 of every $100 in revenue as profit

Operating MarginProfitability
49.7%10/10

Strong operational efficiency at 49.7%

Market CapQuality
$57.93B9/10

Large-cap with strong market position

P/E RatioValuation
12.6x8/10

Attractively priced relative to earnings

Areas to Watch

BFS4 concerns · Avg: 2.8/10
P/E RatioValuation
26.2x4/10

Moderate valuation

Market CapQuality
$1.03B3/10

Smaller company, higher risk/reward

PEG RatioValuation
44.972/10

Expensive relative to growth rate

EPS GrowthGrowth
-33.9%2/10

Earnings declined 33.9%

SPG3 concerns · Avg: 3.3/10
Price/BookValuation
11.4x4/10

Trading at 11.4x book value

EPS GrowthGrowth
3.6%4/10

3.6% earnings growth

PEG RatioValuation
8.742/10

Expensive relative to growth rate

Comparative Analysis Report

WallStSmart Research

Bull Case : BFS

The strongest argument for BFS centers on 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 72.7% and operating margin at 49.7%. Revenue growth of 13.2% demonstrates continued momentum.

Bear Case : BFS

The primary concerns for BFS are P/E Ratio, Market Cap, PEG Ratio.

Bear Case : SPG

The primary concerns for SPG are Price/Book, EPS Growth, PEG Ratio.

Key Dynamics to Monitor

BFS profiles as a value stock while SPG is a mature play — different risk/reward profiles.

SPG carries more volatility with a beta of 1.40 — expect wider price swings.

SPG is growing revenue faster at 13.2% — sustainability is the question.

SPG generates stronger free cash flow (982M), providing more financial flexibility.

Bottom Line

SPG scores higher overall (67/100 vs 47/100), backed by strong 72.7% margins and 13.2% revenue growth. Both earn "Strong 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.

Saul Centers Inc

REAL ESTATE · REIT - RETAIL · USA

Saul Centers, Inc. is a self-managed, self-managed capital REIT based in Bethesda, Maryland, currently operating and managing a real estate portfolio of 60 properties that includes (a) 50 community and neighborhood shopping centers and seven mixed-use properties with approximately 9.

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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