Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
Decision snapshot: SPG stock price vs DLR: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at DLR's multiple
Needs DLR P/E.
Implied fair value · at SPG's multiple
Needs SPG P/E.
Metric by metric
Price unavailable
Where each company leads, and how wide the gap is.
Growth lag
Pricing power
Operating leverage
Lower is better
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: SPG FY 2025 (ended Dec 31, 2025) · DLR FY 2025 (ended Dec 31, 2025).
Trendline
Eight period-end years of reported revenue, earnings, and margins. Periods and currencies are shown with the data.
Price framework
Market cap plus debt, less cash.
Complete market value, debt and cash evidence is required for enterprise value.
Complete market value, debt and cash evidence is required for enterprise value.
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
SIMON PROPERTY GROUP, INC. · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
DIGITAL REALTY TRUST, INC. · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Not enough data to score either balance sheet.
Debt / equity
Total debt against shareholders' equity
5.46x
0.91x
Net debt / EBITDA
Leverage against operating earnings
3.76x
8.08x
Cash and equivalents
Liquid reserves on the balance sheet
$823.15M
$3.45B
Total debt
Interest-bearing obligations outstanding
$28.43B
$20.90B
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
LLM-powered synthesis
An explanation of the financial evidence. Check its snapshot date against the figures above.
This explanation uses an earlier data snapshot or evidence version. Review its generation date and the current figures, or refresh after signing in.
If you believe SPG can sustain its superior margins and ROIC while managing higher leverage, then favor SPG because it trades at a far lower P/E and EV/EBITDA than DLR despite stronger current profitability.
SPG is valued at a material discount to DLR on earnings and cash-flow proxies, with a 16.2x P/E versus DLR's 52.7x and a 2.8x EV/EBITDA versus 25.8x. The provided implied price of $746.18 suggests substantial upside to the current $229.37 price, but the range inputs appear internally inconsistent and should be treated cautiously.
Supporting Metrics
