Tanger Factory Outlet Centers, Inc. (SKT): Price and Financial Metrics

SKT POWR Grades

• SKT scores best on the Growth dimension, with a Growth rank ahead of 68.18% of US stocks.
• The strongest trend for SKT is in Growth, which has been heading down over the past 177 days.
• SKT's current lowest rank is in the Sentiment metric (where it is better than 30.96% of US stocks).

SKT Stock Summary

• Of note is the ratio of TANGER FACTORY OUTLET CENTERS INC's sales and general administrative expense to its total operating expenses; merely 18.7% of US stocks have a lower such ratio.
• The ratio of debt to operating expenses for TANGER FACTORY OUTLET CENTERS INC is higher than it is for about 89.44% of US stocks.
• In terms of twelve month growth in earnings before interest and taxes, TANGER FACTORY OUTLET CENTERS INC is reporting a growth rate of 134.72%; that's higher than 89.09% of US stocks.
• Stocks that are quantitatively similar to SKT, based on their financial statements, market capitalization, and price volatility, are ADV, REI, VAL, EHC, and SLCA.
• SKT's SEC filings can be seen here. And to visit TANGER FACTORY OUTLET CENTERS INC's official web site, go to www.tangeroutlets.com.

SKT Valuation Summary

• In comparison to the median Real Estate stock, SKT's price/sales ratio is 266.67% higher, now standing at 4.4.
• Over the past 243 months, SKT's price/earnings ratio has gone down 12.4.

Below are key valuation metrics over time for SKT.

SKT Growth Metrics

The 3 year revenue growth rate now stands at -12.06%.
• Its year over year revenue growth rate is now at 14.68%.
• Its 2 year net cashflow from operations growth rate is now at -4.32%.

Over the past 33 months, SKT's revenue has gone down $40,103,000.

The table below shows SKT's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2022-09-30	438.245	196.509	76.785
2022-06-30	439.264	215.188	42.93
2022-03-31	434.699	205.296	25.503
2021-12-31	426.525	217.718	9.118
2021-09-30	425.587	216.736	-3.705
2021-06-30	416.335	242.108	19.903

SKT's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• SKT has a Quality Grade of C, ranking ahead of 58.15% of graded US stocks.
• SKT's asset turnover comes in at 0.195 -- ranking 97th of 444 Trading stocks.
• SITC, GPMT, and CBOE are the stocks whose asset turnover ratios are most correlated with SKT.

The table below shows SKT's key quality metrics over time.