WallStSmart

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

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Simon Property Group Inc generates 707% more annual revenue ($6.65B vs $823.99M). SPG leads profitability with a 70.6% profit margin vs 34.7%. KRG appears more attractively valued with a PEG of 3.14. SPG earns a higher WallStSmart Score of 63/100 (C+).

KRG

Hold

48

out of 100

Grade: D+

Growth: 2.7Profit: 7.0Value: 6.0Quality: 4.5
Piotroski: 5/9Altman Z: 0.60

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

KRGUndervalued (+48.0%)

Margin of Safety

+48.0%

Fair Value

$47.53

Current Price

$27.69

$19.84 discount

UndervaluedFair: $47.53Overvalued
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

KRG3 strengths · Avg: 8.7/10
Profit MarginProfitability
34.7%10/10

Keeps 35 of every $100 in revenue as profit

Price/BookValuation
2.0x8/10

Reasonable price relative to book value

Operating MarginProfitability
24.1%8/10

Strong operational efficiency at 24.1%

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

KRG4 concerns · Avg: 2.3/10
Debt/EquityHealth
1.053/10

Elevated debt levels

PEG RatioValuation
3.142/10

Expensive relative to growth rate

Revenue GrowthGrowth
-9.2%2/10

Revenue declined 9.2%

EPS GrowthGrowth
-48.7%2/10

Earnings declined 48.7%

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 : KRG

The strongest argument for KRG centers on Profit Margin, Price/Book, Operating Margin. Profitability is solid with margins at 34.7% and operating margin at 24.1%.

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 : 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, Altman Z-Score. Debt-to-equity of 5.96 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 1.36 — 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 48/100), backed by strong 70.6% margins and 19.3% revenue growth. KRG offers better value entry with a 48.0% 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.

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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