WallStSmart

Regency Centers Corporation (REG)vsSimon Property Group Inc (SPG)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Simon Property Group Inc generates 295% more annual revenue ($6.36B vs $1.61B). SPG leads profitability with a 72.7% profit margin vs 32.7%. REG appears more attractively valued with a PEG of 2.61. SPG earns a higher WallStSmart Score of 67/100 (B-).

REG

Strong Buy

65

out of 100

Grade: B-

Growth: 7.3Profit: 7.5Value: 7.3Quality: 4.3
Piotroski: 4/9Altman Z: 0.80

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

REGUndervalued (+42.1%)

Margin of Safety

+42.1%

Fair Value

$131.98

Current Price

$74.87

$57.11 discount

UndervaluedFair: $131.98Overvalued
SPGUndervalued (+69.6%)

Margin of Safety

+69.6%

Fair Value

$639.76

Current Price

$184.52

$455.24 discount

UndervaluedFair: $639.76Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

REG4 strengths · Avg: 9.5/10
Profit MarginProfitability
32.7%10/10

Keeps 33 of every $100 in revenue as profit

Operating MarginProfitability
38.8%10/10

Strong operational efficiency at 38.8%

EPS GrowthGrowth
141.9%10/10

Earnings expanding 141.9% YoY

Price/BookValuation
2.0x8/10

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

REG4 concerns · Avg: 2.8/10
P/E RatioValuation
26.6x4/10

Moderate valuation

Return on EquityProfitability
7.7%3/10

ROE of 7.7% — below average capital efficiency

PEG RatioValuation
2.612/10

Expensive relative to growth rate

Altman Z-ScoreHealth
0.802/10

Distress zone — elevated risk

SPG2 concerns · Avg: 3.0/10
Price/BookValuation
11.6x4/10

Trading at 11.6x book value

PEG RatioValuation
8.742/10

Expensive relative to growth rate

Comparative Analysis Report

WallStSmart Research

Bull Case : REG

The strongest argument for REG centers on Profit Margin, Operating Margin, EPS Growth. Profitability is solid with margins at 32.7% and operating margin at 38.8%.

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 : REG

The primary concerns for REG are P/E Ratio, Return on Equity, PEG Ratio.

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 65/100), backed by strong 72.7% margins and 13.2% revenue growth. REG offers better value entry with a 42.1% 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.

Regency Centers Corporation

REAL ESTATE · REIT - RETAIL · USA

Regency Centers Corporation is a real estate investment trust based in Jacksonville, Florida and is one of the largest operators of shopping centers with grocery stores as anchor tenants.

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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