Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Simon Property Group's Enterprise Value is $70,888 Mil.
Simon Property Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $3,554 Mil. Therefore, Simon Property Group's EV-to-EBIT ratio for today is 19.95.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Simon Property Group's Enterprise Value is $70,888 Mil.
Simon Property Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $4,887 Mil. Therefore, Simon Property Group's EV-to-EBITDA ratio for today is 14.51.
Simon Property Group Enterprise Value Historical Data
The historical data trend for Simon Property Group's Enterprise Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Simon Property Group's Enterprise Value
For the REIT - Retail subindustry, Simon Property Group's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Simon Property Group's Enterprise Value Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Simon Property Group's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Simon Property Group's Enterprise Value falls into.
Simon Property Group Enterprise Value Calculation
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Simon Property Group's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Simon Property Group (NYSE:SPG) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Simon Property Group's current Enterprise Value is $70,888 Mil.
Simon Property Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,554 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Simon Property Group's current Enterprise Value is $70,888 Mil.
Simon Property Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $4,887 Mil.
Simon Property Group's current Enterprise Value is $70,888 Mil.
Simon Property Group's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $5,659 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Simon Property Group Enterprise Value Related Terms
Thank you for viewing the detailed overview of Simon Property Group's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Simon Property Group (Simon Property Group) Business Description
Simon Property Group is the second-largest real estate investment trust in the United States. Its portfolio includes an interest in 231 properties: 136 traditional malls, 70 premium outlets, 14 Mills centers (a combination of a traditional mall, outlet center, and big-box retailers), 6 lifestyle centers, and 5 other retail properties. Simon's portfolio averaged $693 in sales per square foot over the 12 months prior to the pandemic. The company also owns a 21% interest in Klepierre, a European retail company with investments in shopping centers in 16 countries, and joint venture interests in 33 premium outlets across 11 countries.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SPG has been successfully added to your 