Compare Stocks › GS vs SPG
The Goldman Sachs Group, Inc. (GS) vs Simon Property Group, Inc. (SPG)
GS
The Goldman Sachs Group, Inc.
$923.71
VS
SPG
Simon Property Group, Inc.
$202.44
Rewards
GS
- ★Gross margin of 82.3% indicates strong pricing power — typical of businesses with significant intellectual property or brand strength.
- ★Share count has been reduced by 11% over the past 4 years through buybacks, increasing each share's claim on earnings.
- ★Each dollar of retained earnings has created $2.53 of earning power — management is an exceptional capital allocator.
SPG
- ★Gross margin of 81.9% indicates strong pricing power — typical of businesses with significant intellectual property or brand strength.
- ★Return on equity has consistently exceeded 20% over 4 years, indicating efficient use of shareholder capital.
- ★Each dollar of retained earnings has created $134.48 of earning power — management is an exceptional capital allocator.
Risks
GS
- ⚠High leverage (6.79x debt/equity) combined with thin interest coverage (-1.0x) poses financial risk.
- ⚠Altman Z-Score of 0.25 places the company in the distress zone — financial patterns resemble those of companies that experienced bankruptcy.
- ⚠Insiders have sold $13.0M worth of stock in the past 3 months — significant insider liquidation.
SPG
- ⚠High leverage (4.35x debt/equity) combined with thin interest coverage (-1.0x) poses financial risk.
- ⚠Net debt/EBITDA of 6.0x indicates heavy leverage — it would take over 4 years of EBITDA to pay off net debt.
- ⚠Altman Z-Score of 1.27 places the company in the distress zone — financial patterns resemble those of companies that experienced bankruptcy.
Key Valuation Metrics
Learn more →GS
SPG
Valuation
N/A
Free Cash Flow
$3.20B
N/A
FCF Yield
4.16%
16.86
Trailing P/E
14.29
14.13
Forward P/E
29.29
Quality & Moat
1.95%
ROIC
6.96%
13.17%
ROE
68.96%
82.27%
Gross Margin
81.90%
0.70
PEG Ratio
0.04
Balance Sheet Safety
6.79
Debt / Equity
4.35
N/A
Interest Coverage
N/A
N/A
Net Debt / EBITDA
6.03
1.95%
Dividend Yield
4.27%
GS: 1Ties: 2SPG: 6
GSSPG
Historical Fundamentals
Learn more →GS
Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation.
SPG
Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation.
Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation.
$1 Retained Earnings Test
Learn more →GS
$5.60
created per $1 retained over 3 years
Exceptional Value Creator
Σ Retained
$26.00B
Δ Market Cap
+$145.60B
Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
SPG
$106.00
created per $1 retained over 3 years
Exceptional Value Creator
Σ Retained
$205.6M
Δ Market Cap
+$21.79B
Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
Discounted Cash Flow (DCF) Analysis
Learn more →GS
62.8% Margin of Safety
Price is 62.8% below estimated fair value
Current Price: $923.71
Strongly undervalued
Fairly valued
Strongly overvalued
Fair Value: $2479.85
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued
SPG
40.4% Overvalued
Price is 40.4% above estimated fair value
Current Price: $202.44
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued
Fair Value: $144.22
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued
Reverse DCF — Market-Implied Growth
Learn more →GS
Requires positive FCF to compute implied growth rate.
SPG
What growth rate is the market pricing in at $202?
+9.5%
Market-Implied Owner Earnings Growth
Standard FCF implies +14.5%
The market implies +9.5% Owner Earnings growth, below historical trends — potential opportunity.
Standard FCF implies a more demanding +14.5%, reflecting heavy growth investment expected to generate future returns.
Economic Moat Score
Learn more →GS
65/100
Narrow Moat
70+ Wide · 40-69 Narrow · <40 None
Narrow moat with reinvestment efficiency as the key competitive advantage. Improving margin stability would strengthen the moat.
Composite score measuring competitive advantage durability across four dimensions: returns above cost of capital, pricing power stability, revenue predictability, and capital efficiency. Based on 4 years of fundamental data.
SPG
60/100
Narrow Moat
70+ Wide · 40-69 Narrow · <40 None
Narrow moat with revenue predictability as the key competitive advantage. Improving roic consistency would strengthen the moat.
Composite score measuring competitive advantage durability across four dimensions: returns above cost of capital, pricing power stability, revenue predictability, and capital efficiency. Based on 4 years of fundamental data.
Forensic Accounting
Learn more →GS
-2.00
Possible Manipulator
Above -1.78 = likely manipulator · -2.22 to -1.78 = grey zone
M-Score Trend
Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.
SPG
-2.24
Unlikely Manipulator
Above -1.78 = likely manipulator · -2.22 to -1.78 = grey zone
M-Score Trend
Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.
Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.
Ownership Breakdown
Learn more →GS
Insiders 0.5%Institutions 75.9%Retail & Other 23.6%
No. of Institutional Holders3,722
High insider ownership aligns management incentives with shareholders — a key signal in Buffett-style analysis. Institutional concentration can indicate smart-money conviction but also crowding risk.
SPG
Insiders 1.8%Institutions 93.4%Retail & Other 4.8%
No. of Institutional Holders1,780
High insider ownership aligns management incentives with shareholders — a key signal in Buffett-style analysis. Institutional concentration can indicate smart-money conviction but also crowding risk.
High insider ownership aligns management incentives with shareholders. Institutional concentration can indicate smart-money conviction but also crowding risk.
Insider Buying Activity
Learn more →GS
0
Buys (3M)
0
Buys (12M)
HESS JOHN B JR.
Director
$2.00M
@ $511.68 · 2025-04-15
JOHNSON KEVIN RONALD
Director
$1.49M
@ $619.02 · 2025-01-17
FLAHERTY MARK A
Director
$29,545
@ $360.30 · 2024-09-27
Open market purchases · includes direct & indirect ownership · excludes option exercises
SPG
10
Buys (3M)
23
Buys (12M)
Total value (12M): $988,547
AEPPEL GLYN F
Director
$40,620
@ $183.80 · 2026-03-31
STEWART MARTA R
Director
$36,025
@ $183.80 · 2026-03-31
SELIG STEFAN M
Director
$37,863
@ $183.80 · 2026-03-31
ROE PEGGY FANG
Director
$14,888
@ $183.80 · 2026-03-31
JONES NINA P.
Director
$6,617
@ $183.81 · 2026-03-31
RODKIN GARY M
Director
$42,642
@ $183.80 · 2026-03-31
LEIBOWITZ REUBEN S
Director
$90,246
@ $183.80 · 2026-03-31
LEWIS RANDALL J.
Director
$10,293
@ $183.80 · 2026-03-31
SMITH DANIEL C.
Director
$65,249
@ $183.80 · 2026-03-31
GLASSCOCK LARRY C
Director
$68,557
@ $183.80 · 2026-03-31
LEWIS RANDALL J.
Director
$100,258
@ $183.96 · 2025-12-15
LEWIS RANDALL J.
Director
$106,310
@ $180.80 · 2025-11-18
AEPPEL GLYN F
Director
$38,678
@ $185.95 · 2025-09-30
SELIG STEFAN M
Director
$36,260
@ $185.95 · 2025-09-30
ROE PEGGY FANG
Director
$14,132
@ $185.95 · 2025-09-30
STEWART MARTA R
Director
$7,205
@ $171.55 · 2025-08-14
AEPPEL GLYN F
Director
$37,274
@ $159.29 · 2025-06-30
STEWART MARTA R
Director
$33,132
@ $159.29 · 2025-06-30
ROE PEGGY FANG
Director
$13,699
@ $159.29 · 2025-06-30
JONES NINA P.
Director
$6,053
@ $159.29 · 2025-06-30
RODKIN GARY M
Director
$39,185
@ $159.29 · 2025-06-30
LEIBOWITZ REUBEN S
Director
$83,149
@ $159.29 · 2025-06-30
SMITH DANIEL C.
Director
$60,212
@ $159.29 · 2025-06-30
LEIBOWITZ REUBEN S
Director
$79,434
@ $164.80 · 2025-03-31
AEPPEL GLYN F
Director
$32,791
@ $167.30 · 2024-09-30
SELIG STEFAN M
Director
$30,449
@ $167.30 · 2024-09-30
JONES NINA P.
Director
$3,346
@ $167.30 · 2024-09-30
LEIBOWITZ REUBEN S
Director
$75,787
@ $167.30 · 2024-09-30
SMITH DANIEL C.
Director
$54,372
@ $167.30 · 2024-09-30
GLASSCOCK LARRY C
Director
$56,547
@ $167.30 · 2024-09-30
HUBBARD ALLAN B
Director
$61,901
@ $167.30 · 2024-09-30
SELIG STEFAN M
Director
$29,283
@ $150.17 · 2024-06-28
RODKIN GARY M
Director
$33,488
@ $150.17 · 2024-06-28
SMITH DANIEL C.
Director
$52,259
@ $150.17 · 2024-06-28
Open market purchases · includes direct & indirect ownership · excludes option exercises
Open market purchases · includes direct & indirect ownership · excludes option exercises.
Insider Selling Activity
Learn more →GS
3
Sells (3M)
13
Sells (12M)
Total value (12M): $62.06M
GOLTEN ALEXANDER SIMON
Officer
$1.04M
@ $936.18 · 2026-04-23
GOLTEN ALEXANDER SIMON
Officer
$1.02M
@ $919.19 · 2026-04-17
COLEMAN DENIS P.
Chief Financial Officer
$10.94M
@ $941.57 · 2026-02-09
SOLOMON DAVID M
Chief Executive Officer
$255,387
@ $938.92 · 2026-01-29
HALIO CAREY
Officer
$2.64M
@ $927.17 · 2026-01-27
FREDMAN SHEARA J.
Officer
$4.49M
@ $923.75 · 2026-01-23
RUEMMLER KATHRYN H
General Counsel
$8.89M
@ $927.51 · 2026-01-23
HALIO CAREY
Officer
$1.62M
@ $920.62 · 2026-01-23
WALDRON JOHN E.
President
$13.69M
@ $750.30 · 2025-08-28
COLEMAN DENIS P.
Chief Financial Officer
$5.41M
@ $724.40 · 2025-07-25
ROGERS JOHN F W
Officer
$4.31M
@ $717.39 · 2025-07-23
SOLOMON DAVID M
Chief Executive Officer
$4.71M
@ $712.31 · 2025-07-23
SOLOMON DAVID M
Chief Executive Officer
$3.04M
@ $607.17 · 2025-05-14
SOLOMON DAVID M
Chief Executive Officer
$1.50M
@ $622.15 · 2025-02-26
GOLTEN ALEXANDER SIMON
Officer
$3.31M
@ $636.25 · 2025-01-28
HALIO CAREY
Officer and Treasurer
$2.32M
@ $636.74 · 2025-01-24
FREDMAN SHEARA J.
Officer
$1.28M
@ $627.01 · 2025-01-21
RUEMMLER KATHRYN H
General Counsel
$4.76M
@ $634.69 · 2025-01-21
HALIO CAREY
Officer
$965,120
@ $624.67 · 2025-01-21
VINIAR DAVID A
Director
$3.06M
@ $612.08 · 2024-11-29
SOLOMON DAVID M
Chief Executive Officer
$4.00M
@ $610.91 · 2024-11-29
ROGERS JOHN F W
Officer
$3.83M
@ $596.36 · 2024-11-06
FREDMAN SHEARA J.
Officer
$1.77M
@ $594.51 · 2024-11-06
COLEMAN DENIS P.
Chief Financial Officer
$7.67M
@ $593.03 · 2024-11-06
SOLOMON DAVID M
Chief Executive Officer
$3.00M
@ $500.29 · 2024-08-15
VINIAR DAVID A
Director
$2.51M
@ $502.43 · 2024-07-16
SOLOMON DAVID M
Chief Executive Officer
$3.02M
@ $457.32 · 2024-05-10
Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives
SPG
1
Sells (3M)
1
Sells (12M)
Total value (12M): $2.01M
RULLI JOHN
Officer
$2.01M
@ $200.88 · 2026-02-25
Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives
Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives.
🎭 Mr. Market's Mood
Learn more →GS
😏Greed(66/100)
"Market is optimistic — be cautious and ensure you have a margin of safety"
Composite sentiment score based on 6 market signals. Inspired by Buffett's "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.
SPG
😏Greed(67/100)
"Market is optimistic — be cautious and ensure you have a margin of safety"
Composite sentiment score based on 6 market signals. Inspired by Buffett's "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.
Composite sentiment score based on market signals. Inspired by Buffett’s "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.
⚖️ Buffett Signal
Learn more →GS
⚪Awaiting DCF Data
The Buffett Signal cross-references market sentiment with DCF valuation. Configure the DCF Analysis above to generate a signal.
DCF Margin of Safety: N/AMr. Market's Mood: Greed (66)
SPG
⚪Awaiting DCF Data
The Buffett Signal cross-references market sentiment with DCF valuation. Configure the DCF Analysis above to generate a signal.
DCF Margin of Safety: N/AMr. Market's Mood: Greed (67)