Simon Property Group Inc vs Trip.com Group Ltd — how do they compare? Simon Property Group Inc trades at $219.28 (market cap $71.03B), while Trip.com Group Ltd trades at $46 (market cap $29.10B). The key difference: Simon Property Group Inc is far larger — about 2.4× Trip.com Group Ltd's market cap, and Simon Property Group Inc pays the higher dividend (4.05%). Which is the better fit depends on your goals.
| SPG | TCOM | |
|---|---|---|
Market Cap | $71.03B | $29.10B |
Sector | Real Estate | Consumer Cyclical |
52-Week High | $236.70 | $78.96 |
52-Week Low | $169.22 | $39.84 |
Enterprise Value | $99.48B | $21.75B |
Dividend Yield | 4.05% | 0.42% |
Trailing returns across standard periods
Latest headlines on both assets
Simon Property Group is the second- largest real estate investment trust in the United States. Its portfolio includes an interest in 207 properties: 119 traditional malls, 69 premium outlets, 14 Mills centers (a combination of a traditional mall, outlet center, and big-box retailers), six lifestyle centers, and five 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.
Read more on SPG →Trip.com is the largest online travel agent in China and is positioned to benefit from the country's rising demand for higher-margin outbound travel as passport penetration is only 12% in China. The company generated about 78% of sales from accommodation reservations and transportation ticketing in 2020. The rest of revenue comes from package tours and corporate travel. Prior to the pandemic in 2019, the company generated 25% of revenue from international business, which is important to its margin expansion. Most of sales come from websites and mobile platforms, while the rest come from call centers. The competes in a crowded OTA industry in China, including Meituan, Alibaba-backed Fliggy, Toncheng, and Qunar. The company was founded in 1999 and listed on the Nasdaq in December 2003.
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