WallStSmart

Four Corners Property Trust Inc (FCPT)vsSimon Property Group Inc (SPG)

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Smart Verdict

WallStSmart Research — data-driven comparison

Simon Property Group Inc generates 2064% more annual revenue ($6.36B vs $294.13M). SPG leads profitability with a 72.7% profit margin vs 38.2%. SPG trades at a lower P/E of 13.5x. SPG earns a higher WallStSmart Score of 67/100 (B-).

FCPT

Buy

56

out of 100

Grade: C

Growth: 5.3Profit: 7.5Value: 5.7Quality: 5.0
Piotroski: 4/9Altman Z: 0.98

SPG

Strong Buy

67

out of 100

Grade: B-

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

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

FCPTSignificantly Overvalued (-108.3%)

Margin of Safety

-108.3%

Fair Value

$12.12

Current Price

$23.90

$11.78 premium

UndervaluedFair: $12.12Overvalued
SPGUndervalued (+69.6%)

Margin of Safety

+69.6%

Fair Value

$639.76

Current Price

$178.27

$461.49 discount

UndervaluedFair: $639.76Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

FCPT3 strengths · Avg: 9.3/10
Profit MarginProfitability
38.2%10/10

Keeps 38 of every $100 in revenue as profit

Operating MarginProfitability
56.3%10/10

Strong operational efficiency at 56.3%

Price/BookValuation
1.6x8/10

Reasonable price relative to book value

SPG6 strengths · Avg: 9.5/10
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%

EPS GrowthGrowth
358.1%10/10

Earnings expanding 358.1% YoY

Market CapQuality
$59.96B9/10

Large-cap with strong market position

P/E RatioValuation
13.5x8/10

Attractively priced relative to earnings

Areas to Watch

FCPT3 concerns · Avg: 3.0/10
EPS GrowthGrowth
2.7%4/10

2.7% earnings growth

Return on EquityProfitability
7.3%3/10

ROE of 7.3% — below average capital efficiency

Altman Z-ScoreHealth
0.982/10

Distress zone — elevated risk

SPG2 concerns · Avg: 3.0/10
Price/BookValuation
11.2x4/10

Trading at 11.2x book value

PEG RatioValuation
8.742/10

Expensive relative to growth rate

Comparative Analysis Report

WallStSmart Research

Bull Case : FCPT

The strongest argument for FCPT centers on Profit Margin, Operating Margin, Price/Book. Profitability is solid with margins at 38.2% and operating margin at 56.3%. Revenue growth of 10.7% demonstrates continued momentum.

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 : FCPT

The primary concerns for FCPT are EPS Growth, Return on Equity, Altman Z-Score.

Bear Case : SPG

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

Key Dynamics to Monitor

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.

Monitor REIT - RETAIL industry trends, competitive dynamics, and regulatory changes.

Bottom Line

SPG scores higher overall (67/100 vs 56/100), backed by strong 72.7% margins and 13.2% revenue growth. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

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

Four Corners Property Trust Inc

REAL ESTATE · REIT - RETAIL · USA

Four Corners Property Trust Inc. (FCPT) is a prominent real estate investment trust (REIT) specializing in the acquisition and management of high-quality retail and restaurant properties across the United States. With a diversified portfolio primarily composed of single-tenant assets, FCPT is strategically positioned to deliver consistent cash flow and attractive returns to its shareholders. The company maintains robust relationships with leading restaurant brands, which not only reinforces its market presence but also enhances its growth prospects in an evolving retail environment. Through diligent asset management and a strong lease framework, FCPT is dedicated to maximizing long-term value for its investors while adapting to changing consumer trends.

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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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