SPG vs. VMRK: Simon Property vs. Vivmark Residential Stock Comparison

Company Profile

Simon Property (SPG) and Vivmark Residential (VMRK) both fall under the Equity Real Estate Investment Trusts (REITs) industry group, but SPG is classified in Retail REITs while VMRK is classified in Residential REITs.

Both Simon Property (SPG) and Vivmark Residential (VMRK) are REITs — read their payout ratios and P/E alongside FFO (funds from operations) rather than at face value.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

Simon Property (SPG) at 129.35% clears its industry range for ROE, a sharper capital-efficiency signal than Vivmark Residential (VMRK) at 8.49%, which is closer to a typical peer reading.

Neither Simon Property (SPG) in Equity Real Estate Investment Trusts (REITs) nor Vivmark Residential (VMRK) in Equity Real Estate Investment Trusts (REITs) is well served by net margin: heavy depreciation makes net income a poor profitability proxy in their businesses, where FFO-based measures are the standard read.

Neither side reports a meaningful operating margin: for Simon Property (SPG) in Equity Real Estate Investment Trusts (REITs) and Vivmark Residential (VMRK) in Equity Real Estate Investment Trusts (REITs), funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.

Profitability Metrics

Growth

Both Simon Property (SPG) at 6.72% and Vivmark Residential (VMRK) at 4.36% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

EPS growth isn't a meaningful figure for either Simon Property (SPG) in Equity Real Estate Investment Trusts (REITs) or Vivmark Residential (VMRK) in Equity Real Estate Investment Trusts (REITs) under our convention.

Growth Metrics

Financial Strength

Both Simon Property (SPG) at 0.39 and Vivmark Residential (VMRK) at 0.35 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.

Vivmark Residential (VMRK) at 0.75 is near its industry mid-range for debt-to-equity ratio, while Simon Property (SPG) at 5.67 sits above its benchmark range, pointing to a heavier debt load relative to equity.

Financial Strength Metrics

Dividends

Vivmark Residential (VMRK) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Simon Property (SPG) reports a yield of 0.97%, ranking against industry peers normally.

An earnings-based payout ratio fits neither Simon Property (SPG) in Equity Real Estate Investment Trusts (REITs) nor Vivmark Residential (VMRK) in Equity Real Estate Investment Trusts (REITs): their distributions are mandated and conventionally measured against FFO, so the accounting-earnings ratio overstates both.

Dividend Metrics

Valuation

P/E ratio is not a meaningful valuation yardstick for either Simon Property (SPG) in Equity Real Estate Investment Trusts (REITs) or Vivmark Residential (VMRK) in Equity Real Estate Investment Trusts (REITs): depreciation suppresses reported earnings in their businesses, and price-to-FFO is the conventional yardstick instead.

Both look expensive on sales: Simon Property (SPG) at 12.09 sits in the upper P/S ratio quartile, and Vivmark Residential (VMRK) at 16.40 prices even higher, above its industry range.

A book-value read is available on one side only: Simon Property (SPG) trades at 19.38 times book with peers to rank against, while Vivmark Residential (VMRK) reports no P/B ratio this period.

Valuation Metrics