TANGER INC (SKT) Stock Fundamental Analysis
USA - NYSE:SKT - US8754651060 - REIT
34.05 USD
+0.09 (+0.27%)
Taking everything into account, SKT scores 4 out of 10 in our fundamental rating. SKT was compared to 130 industry peers in the Diversified REITs industry. While SKT belongs to the best of the industry regarding profitability, there are concerns on its financial health. SKT is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
SKT had positive earnings in the past year.
SKT had a positive operating cash flow in the past year.
Of the past 5 years SKT 4 years were profitable.
In the past 5 years SKT always reported a positive cash flow from operatings.
1.2 Ratios
SKT's Return On Assets of 4.07% is amongst the best of the industry. SKT outperforms 86.92% of its industry peers.
SKT has a better Return On Equity (15.70%) than 94.62% of its industry peers.
Looking at the Return On Invested Capital, with a value of 5.53%, SKT belongs to the top of the industry, outperforming 96.15% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for SKT is in line with the industry average of 3.05%.
The 3 year average ROIC (4.98%) for SKT is below the current ROIC(5.53%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.07% | ||
| ROE | 15.7% | ||
| ROIC | 5.53% |
ROA(3y)3.99%
ROA(5y)2.13%
ROE(3y)16.26%
ROE(5y)7.93%
ROIC(3y)4.98%
ROIC(5y)4.56%
1.3 Margins
SKT's Profit Margin of 18.14% is fine compared to the rest of the industry. SKT outperforms 69.23% of its industry peers.
In the last couple of years the Profit Margin of SKT has remained more or less at the same level.
SKT has a better Operating Margin (29.06%) than 60.77% of its industry peers.
SKT's Operating Margin has been stable in the last couple of years.
SKT has a Gross Margin (69.46%) which is comparable to the rest of the industry.
SKT's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 29.06% | ||
| PM (TTM) | 18.14% | ||
| GM | 69.46% |
OM growth 3Y3.56%
OM growth 5Y-0.93%
PM growth 3Y111.98%
PM growth 5Y0.53%
GM growth 3Y0.76%
GM growth 5Y0.28%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SKT is destroying value.
SKT has more shares outstanding than it did 1 year ago.
The number of shares outstanding for SKT has been increased compared to 5 years ago.
Compared to 1 year ago, SKT has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.39, we must say that SKT is in the distress zone and has some risk of bankruptcy.
SKT has a Altman-Z score of 1.39. This is amongst the best in the industry. SKT outperforms 88.46% of its industry peers.
SKT has a Debt/Equity ratio of 2.40. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 2.40, SKT is not doing good in the industry: 77.69% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.4 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.39 |
ROIC/WACC0.77
WACC7.14%
2.3 Liquidity
A Current Ratio of 0.78 indicates that SKT may have some problems paying its short term obligations.
SKT's Current ratio of 0.78 is in line compared to the rest of the industry. SKT outperforms 41.54% of its industry peers.
SKT has a Quick Ratio of 0.78. This is a bad value and indicates that SKT is not financially healthy enough and could expect problems in meeting its short term obligations.
SKT has a Quick ratio of 0.78. This is comparable to the rest of the industry: SKT outperforms 42.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.78 |
3. Growth
3.1 Past
The earnings per share for SKT have decreased by 0.00% in the last year.
SKT shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 8.70% yearly.
The Revenue has grown by 10.60% in the past year. This is quite good.
SKT shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.92% yearly.
EPS 1Y (TTM)0%
EPS 3Y132.52%
EPS 5Y8.7%
EPS Q2Q%13.04%
Revenue 1Y (TTM)10.6%
Revenue growth 3Y7.24%
Revenue growth 5Y1.92%
Sales Q2Q%9.1%
3.2 Future
Based on estimates for the next years, SKT will show a small growth in Earnings Per Share. The EPS will grow by 7.59% on average per year.
Based on estimates for the next years, SKT will show a small growth in Revenue. The Revenue will grow by 6.02% on average per year.
EPS Next Y6.36%
EPS Next 2Y9.25%
EPS Next 3Y7.59%
EPS Next 5YN/A
Revenue Next Year8.34%
Revenue Next 2Y6.45%
Revenue Next 3Y6.02%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 37.42, which means the current valuation is very expensive for SKT.
Compared to the rest of the industry, the Price/Earnings ratio of SKT is on the same level as its industry peers.
When comparing the Price/Earnings ratio of SKT to the average of the S&P500 Index (27.20), we can say SKT is valued slightly more expensively.
With a Price/Forward Earnings ratio of 32.42, SKT can be considered very expensive at the moment.
SKT's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. SKT is cheaper than 74.62% of the companies in the same industry.
SKT is valuated rather expensively when we compare the Price/Forward Earnings ratio to 22.70, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.42 | ||
| Fwd PE | 32.42 |
4.2 Price Multiples
SKT's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. SKT is more expensive than 76.15% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 17.62 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates SKT does not grow enough to justify the current Price/Earnings ratio.
SKT has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)5.89
PEG (5Y)4.3
EPS Next 2Y9.25%
EPS Next 3Y7.59%
5. Dividend
5.1 Amount
SKT has a Yearly Dividend Yield of 3.39%. Purely for dividend investing, there may be better candidates out there.
SKT's Dividend Yield is slightly below the industry average, which is at 6.66.
Compared to an average S&P500 Dividend Yield of 2.38, SKT pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.39% |
5.2 History
The dividend of SKT decreases each year by -5.24%.
SKT has been paying a dividend for at least 10 years, so it has a reliable track record.
SKT has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-5.24%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
SKT pays out 126.26% of its income as dividend. This is not a sustainable payout ratio.
DP126.26%
EPS Next 2Y9.25%
EPS Next 3Y7.59%
NYSE:SKT (9/18/2025, 10:36:55 AM)
34.05
+0.09 (+0.27%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners94.27%
Inst Owner Change2.65%
Ins Owners2.32%
Ins Owner Change-1.05%
Market Cap3.85B
Analysts77.5
Price Target35.9 (5.43%)
Short Float %4.29%
Short Ratio5.47
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.39% |
Yearly Dividend1.09
Dividend Growth(5Y)-5.24%
DP126.26%
Div Incr Years4
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)3.72%
Min EPS beat(2)-5.7%
Max EPS beat(2)13.15%
EPS beat(4)3
Avg EPS beat(4)7.26%
Min EPS beat(4)-5.7%
Max EPS beat(4)16.19%
EPS beat(8)7
Avg EPS beat(8)11.25%
EPS beat(12)10
Avg EPS beat(12)20.7%
EPS beat(16)12
Avg EPS beat(16)17.99%
Revenue beat(2)2
Avg Revenue beat(2)5.31%
Min Revenue beat(2)4.96%
Max Revenue beat(2)5.67%
Revenue beat(4)4
Avg Revenue beat(4)5.76%
Min Revenue beat(4)4.63%
Max Revenue beat(4)7.78%
Revenue beat(8)8
Avg Revenue beat(8)4.96%
Revenue beat(12)11
Avg Revenue beat(12)4.25%
Revenue beat(16)15
Avg Revenue beat(16)5.05%
PT rev (1m)2.33%
PT rev (3m)-2.9%
EPS NQ rev (1m)25.18%
EPS NQ rev (3m)28.97%
EPS NY rev (1m)1.83%
EPS NY rev (3m)-0.63%
Revenue NQ rev (1m)0.31%
Revenue NQ rev (3m)1.71%
Revenue NY rev (1m)1.16%
Revenue NY rev (3m)1.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.42 | ||
| Fwd PE | 32.42 | ||
| P/S | 7.01 | ||
| P/FCF | N/A | ||
| P/OCF | 13.75 | ||
| P/B | 6.07 | ||
| P/tB | 6.07 | ||
| EV/EBITDA | 17.62 |
EPS(TTM)0.91
EY2.67%
EPS(NY)1.05
Fwd EY3.08%
FCF(TTM)-0.41
FCFYN/A
OCF(TTM)2.48
OCFY7.27%
SpS4.86
BVpS5.61
TBVpS5.61
PEG (NY)5.89
PEG (5Y)4.3
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.07% | ||
| ROE | 15.7% | ||
| ROCE | 7% | ||
| ROIC | 5.53% | ||
| ROICexc | 5.55% | ||
| ROICexgc | 5.55% | ||
| OM | 29.06% | ||
| PM (TTM) | 18.14% | ||
| GM | 69.46% | ||
| FCFM | N/A |
ROA(3y)3.99%
ROA(5y)2.13%
ROE(3y)16.26%
ROE(5y)7.93%
ROIC(3y)4.98%
ROIC(5y)4.56%
ROICexc(3y)5.21%
ROICexc(5y)4.8%
ROICexgc(3y)5.21%
ROICexgc(5y)4.8%
ROCE(3y)6.31%
ROCE(5y)5.77%
ROICexcg growth 3Y5.08%
ROICexcg growth 5Y0.54%
ROICexc growth 3Y5.08%
ROICexc growth 5Y0.55%
OM growth 3Y3.56%
OM growth 5Y-0.93%
PM growth 3Y111.98%
PM growth 5Y0.53%
GM growth 3Y0.76%
GM growth 5Y0.28%
F-Score6
Asset Turnover0.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.4 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.02 | ||
| Cap/Depr | 226.17% | ||
| Cap/Sales | 59.41% | ||
| Interest Coverage | 2.78 | ||
| Cash Conversion | 92.14% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.78 | ||
| Altman-Z | 1.39 |
F-Score6
WACC7.14%
ROIC/WACC0.77
Cap/Depr(3y)209.92%
Cap/Depr(5y)139.93%
Cap/Sales(3y)50.97%
Cap/Sales(5y)34.41%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)0%
EPS 3Y132.52%
EPS 5Y8.7%
EPS Q2Q%13.04%
EPS Next Y6.36%
EPS Next 2Y9.25%
EPS Next 3Y7.59%
EPS Next 5YN/A
Revenue 1Y (TTM)10.6%
Revenue growth 3Y7.24%
Revenue growth 5Y1.92%
Sales Q2Q%9.1%
Revenue Next Year8.34%
Revenue Next 2Y6.45%
Revenue Next 3Y6.02%
Revenue Next 5YN/A
EBIT growth 1Y12.56%
EBIT growth 3Y11.06%
EBIT growth 5Y0.97%
EBIT Next Year109.5%
EBIT Next 3Y31.93%
EBIT Next 5YN/A
FCF growth 1Y-148.84%
FCF growth 3Y-23.27%
FCF growth 5Y-14.91%
OCF growth 1Y25.23%
OCF growth 3Y6.19%
OCF growth 5Y3.4%