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

SKT POWR Grades

• SKT scores best on the Quality dimension, with a Quality rank ahead of 69.4% of US stocks.
• The strongest trend for SKT is in Growth, which has been heading up over the past 177 days.
• SKT's current lowest rank is in the Sentiment metric (where it is better than 9.51% 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; just 18.63% of US stocks have a lower such ratio.
• For SKT, its debt to operating expenses ratio is greater than that reported by 89.52% of US equities we're observing.
• SKT's price/sales ratio is 5.3; that's higher than the P/S ratio of 81.59% of US stocks.
• Stocks that are quantitatively similar to SKT, based on their financial statements, market capitalization, and price volatility, are RPT, ESEA, RLJ, UMH, and DBRG.
• 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 24.14% higher, now standing at 5.4.
• Over the past 243 months, SKT's price/earnings ratio has gone down 8.9.

Below are key valuation metrics over time for SKT.

SKT Growth Metrics

Its 2 year net cashflow from operations growth rate is now at -4.32%.
• Its year over year revenue growth rate is now at 14.68%.
• Its 2 year price growth rate is now at 191%.

SKT's revenue has moved down $40,103,000 over the prior 33 months.

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.