WallStSmart

Kite Realty Group Trust (KRG)vsSimon Property Group Inc (SPG)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Simon Property Group Inc generates 760% more annual revenue ($6.94B vs $806.85M). SPG leads profitability with a 66.6% profit margin vs 41.8%. KRG appears more attractively valued with a PEG of 3.14. KRG earns a higher WallStSmart Score of 63/100 (C+).

KRG

Buy

63

out of 100

Grade: C+

Growth: 5.3Profit: 7.0Value: 6.7Quality: 4.0
Piotroski: 5/9Altman Z: 0.60

SPG

Buy

57

out of 100

Grade: C

Growth: 5.3Profit: 9.0Value: 4.0Quality: 3.5
Piotroski: 4/9Altman Z: 0.36
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

KRGUndervalued (+46.3%)

Margin of Safety

+46.3%

Fair Value

$45.94

Current Price

$25.89

$20.05 discount

UndervaluedFair: $45.94Overvalued
SPGSignificantly Overvalued (-20.8%)

Margin of Safety

-20.8%

Fair Value

$161.26

Current Price

$204.83

$43.57 premium

UndervaluedFair: $161.26Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

KRG5 strengths · Avg: 8.8/10
Profit MarginProfitability
41.8%10/10

Keeps 42 of every $100 in revenue as profit

EPS GrowthGrowth
58.0%10/10

Earnings expanding 58.0% YoY

P/E RatioValuation
16.3x8/10

Attractively priced relative to earnings

Price/BookValuation
1.8x8/10

Reasonable price relative to book value

Operating MarginProfitability
24.0%8/10

Strong operational efficiency at 24.0%

SPG6 strengths · Avg: 9.2/10
Return on EquityProfitability
107.1%10/10

Every $100 of equity generates 107 in profit

Profit MarginProfitability
66.6%10/10

Keeps 67 of every $100 in revenue as profit

Operating MarginProfitability
46.0%10/10

Strong operational efficiency at 46.0%

Market CapQuality
$77.76B9/10

Large-cap with strong market position

P/E RatioValuation
14.5x8/10

Attractively priced relative to earnings

Revenue GrowthGrowth
19.5%8/10

19.5% revenue growth

Areas to Watch

KRG4 concerns · Avg: 2.3/10
Debt/EquityHealth
1.193/10

Elevated debt levels

PEG RatioValuation
3.142/10

Expensive relative to growth rate

Revenue GrowthGrowth
-8.0%2/10

Revenue declined 8.0%

Altman Z-ScoreHealth
0.602/10

Distress zone — elevated risk

SPG4 concerns · Avg: 2.5/10
Price/BookValuation
15.1x4/10

Trading at 15.1x book value

PEG RatioValuation
8.742/10

Expensive relative to growth rate

EPS GrowthGrowth
-12.5%2/10

Earnings declined 12.5%

Altman Z-ScoreHealth
0.362/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : KRG

The strongest argument for KRG centers on Profit Margin, EPS Growth, P/E Ratio. Profitability is solid with margins at 41.8% and operating margin at 24.0%.

Bull Case : SPG

The strongest argument for SPG centers on Return on Equity, Profit Margin, Operating Margin. Profitability is solid with margins at 66.6% and operating margin at 46.0%. Revenue growth of 19.5% demonstrates continued momentum.

Bear Case : KRG

The primary concerns for KRG are Debt/Equity, PEG Ratio, Revenue Growth.

Bear Case : SPG

The primary concerns for SPG are Price/Book, PEG Ratio, EPS Growth. Debt-to-equity of 6.64 is elevated, increasing financial risk.

Key Dynamics to Monitor

KRG profiles as a declining stock while SPG is a growth play — different risk/reward profiles.

SPG carries more volatility with a beta of 1.31 — expect wider price swings.

SPG is growing revenue faster at 19.5% — sustainability is the question.

SPG generates stronger free cash flow (959M), providing more financial flexibility.

Bottom Line

KRG scores higher overall (63/100 vs 57/100), backed by strong 41.8% margins. Both earn "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.

Kite Realty Group Trust

REAL ESTATE · REIT - RETAIL · USA

Kite Realty Group Trust is a vertically integrated, full-service real estate investment trust (REIT) that provides communities with convenient and beneficial shopping experiences.

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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