Federal Realty Investment Trust (FRT)vsSimon Property Group Inc (SPG)
FRT
Federal Realty Investment Trust
$103.15
-2.95%
REAL ESTATE · Cap: $8.95B
SPG
Simon Property Group Inc
$184.52
-3.55%
REAL ESTATE · Cap: $59.96B
Smart Verdict
WallStSmart Research — data-driven comparison
Simon Property Group Inc generates 397% more annual revenue ($6.36B vs $1.28B). SPG leads profitability with a 72.7% profit margin vs 32.1%. FRT appears more attractively valued with a PEG of 4.11. SPG earns a higher WallStSmart Score of 67/100 (B-).
FRT
Strong Buy66
out of 100
Grade: B-
SPG
Strong Buy67
out of 100
Grade: B-
Intrinsic Value Comparison
Multi-model valuation · Graham Formula
Margin of Safety
+49.7%
Fair Value
$212.47
Current Price
$103.15
$109.32 discount
Margin of Safety
+69.6%
Fair Value
$639.76
Current Price
$184.52
$455.24 discount
Key Strengths & Concerns
Side-by-side fundamental analysis
Key Strengths
Keeps 32 of every $100 in revenue as profit
Strong operational efficiency at 34.5%
Earnings expanding 98.7% YoY
Reasonable price relative to book value
Every $100 of equity generates 104 in profit
Keeps 73 of every $100 in revenue as profit
Strong operational efficiency at 49.7%
Earnings expanding 358.1% YoY
Large-cap with strong market position
Attractively priced relative to earnings
Areas to Watch
Expensive relative to growth rate
Distress zone — elevated risk
Trading at 11.6x book value
Expensive relative to growth rate
Comparative Analysis Report
WallStSmart ResearchBull Case : FRT
The strongest argument for FRT centers on Profit Margin, Operating Margin, EPS Growth. Profitability is solid with margins at 32.1% and operating margin at 34.5%.
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 : FRT
The primary concerns for FRT are PEG Ratio, 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 66/100), backed by strong 72.7% margins and 13.2% revenue growth. FRT offers better value entry with a 49.7% margin of safety. Both earn "Strong Buy" and "Strong 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.
Federal Realty Investment Trust
REAL ESTATE · REIT - RETAIL · USA
Federal Realty Investment Trust is a real estate investment trust that invests in shopping centers in the Northeastern United States, the Mid-Atlantic states, California, and South Florida.
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.
Compare with Other REIT - RETAIL Stocks
Want to dig deeper into these stocks?