WallStSmart

Prologis Inc (PLD)vsSimon Property Group Inc (SPG)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Prologis Inc generates 47% more annual revenue ($9.38B vs $6.36B). SPG leads profitability with a 72.7% profit margin vs 39.7%. SPG appears more attractively valued with a PEG of 4.58. SPG earns a higher WallStSmart Score of 67/100 (B-).

PLD

Buy

63

out of 100

Grade: C+

Growth: 8.0Profit: 7.0Value: 5.3Quality: 5.0

SPG

Strong Buy

67

out of 100

Grade: B-

Growth: 7.3Profit: 9.0Value: 4.0Quality: 4.5
Piotroski: 4/9
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

PLDUndervalued (+46.8%)

Margin of Safety

+46.8%

Fair Value

$267.33

Current Price

$144.09

$123.24 discount

UndervaluedFair: $267.33Overvalued
SPGSignificantly Overvalued (-18.0%)

Margin of Safety

-18.0%

Fair Value

$165.04

Current Price

$202.12

$37.08 premium

UndervaluedFair: $165.04Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

PLD6 strengths · Avg: 9.2/10
Profit MarginProfitability
39.7%10/10

Keeps 40 of every $100 in revenue as profit

Operating MarginProfitability
38.5%10/10

Strong operational efficiency at 38.5%

EPS GrowthGrowth
65.2%10/10

Earnings expanding 65.2% YoY

Market CapQuality
$132.66B9/10

Large-cap with strong market position

Price/BookValuation
2.5x8/10

Reasonable price relative to book value

Free Cash FlowQuality
$1.14B8/10

Generating 1.1B in free cash flow

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
$76.66B9/10

Large-cap with strong market position

P/E RatioValuation
14.2x8/10

Attractively priced relative to earnings

Areas to Watch

PLD3 concerns · Avg: 3.0/10
P/E RatioValuation
35.8x4/10

Premium valuation, high expectations priced in

Return on EquityProfitability
6.8%3/10

ROE of 6.8% — below average capital efficiency

PEG RatioValuation
109.122/10

Expensive relative to growth rate

SPG2 concerns · Avg: 3.0/10
Price/BookValuation
12.7x4/10

Trading at 12.7x book value

PEG RatioValuation
4.582/10

Expensive relative to growth rate

Comparative Analysis Report

WallStSmart Research

Bull Case : PLD

The strongest argument for PLD centers on Profit Margin, Operating Margin, EPS Growth. Profitability is solid with margins at 39.7% and operating margin at 38.5%.

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 : PLD

The primary concerns for PLD 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 1.36 — expect wider price swings.

SPG is growing revenue faster at 13.2% — sustainability is the question.

PLD generates stronger free cash flow (1.1B), providing more financial flexibility.

Monitor REIT - INDUSTRIAL industry trends, competitive dynamics, and regulatory changes.

Bottom Line

SPG scores higher overall (67/100 vs 63/100), backed by strong 72.7% margins and 13.2% revenue growth. PLD offers better value entry with a 46.8% margin of safety. Both earn "Strong 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.

Prologis Inc

REAL ESTATE · REIT - INDUSTRIAL · USA

Prologis, Inc. is a real estate investment trust headquartered in San Francisco, California that invests in logistics facilities, with a focus on the consumption side of the global supply chain.

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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