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Company name Simon Property Group Inc
Stock ticker SPG
Live stock price [stckqut]SPG[/stckqut]
P/E compared to competitors Fair

MANAGEMENT EXECUTION

Employee productivity Good
Sales growth Fair
EPS growth Good
P/E growth Poor
EBIT growth Good

ANALYSIS

Confident Investor Rating Fair
Target stock price (TWCA growth scenario) $152.34
Target stock price (averages with growth) $174.77
Target stock price (averages with no growth) $151.88
Target stock price (manual assumptions) $148.03

The following company description is from Google Finance: http://www.google.com/finance?q=spg

Simon Property Group, Inc.( Simon Property), is a self-administered and self-managed real estate investment trust (REIT). Simon Property Group, L.P.(Operating Partnership), is the Company’s majority-owned partnership subsidiary that owns all of its real estate properties and other assets. The Company owns, develops and manages retail real estate properties, which consist primarily of malls, Premium Outlets, The Mills, and community/lifestyle centers. On January 9, 2012, it sold its interest in Gallerie Commerciali Italia, S.p.A. In June 2012, the Company acquired 50% of Silver Sands Factory Stores. In December 2012, the Company acquired Paragon Outlets Grand Prairie in Grand Prairie, Texas and Paragon Outlets Livermore Valley in Livermore, California.

Confident Investor comments: At this time, I think that a Confident Investor can cautiously invest in this stock as long as the price is correct. Most of the fundamentals of this company are good but there are some concerns.

If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor.

For owners of my book, “The Confident Investor” I offer the following analysis (you must be logged in to this site as a book owner in order to see the following analysis). If you have registered and cannot see the balance of this article, make sure you are logged in and refresh your browser.
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In order to assist you in using the techniques of this book, the values that I used when calculating the Manual pricing above were:

Stock price at the time of the calculation: $148

Growth: 0.1

Current EPS (TTM): $3.87

P/E: 38.25

Future EPS Calc: $6.23

Future Stock Price Calc: $238.39

Target stock price: $148.02

I hope that this makes you a better investor. [/s2If]