Tanger Factory Revenue vs. EBITDA
| SKT Stock | USD 36.49 0.18 0.49% |
Total Revenue | First Reported 1993-03-31 | Previous Quarter 129 M | Current Value 133 M | Quarterly Volatility 40.1 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.74 | 0.6866 |
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| Operating Profit Margin | 0.5 | 0.5387 |
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For Tanger Factory profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tanger Factory to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tanger Factory Outlet utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tanger Factory's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tanger Factory Outlet over time as well as its relative position and ranking within its peers.
Tanger |
Is Retail REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tanger Factory. If investors know Tanger will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tanger Factory listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.15) | Dividend Share 1.085 | Earnings Share 0.87 | Revenue Per Share 4.843 | Quarterly Revenue Growth 0.13 |
The market value of Tanger Factory Outlet is measured differently than its book value, which is the value of Tanger that is recorded on the company's balance sheet. Investors also form their own opinion of Tanger Factory's value that differs from its market value or its book value, called intrinsic value, which is Tanger Factory's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tanger Factory's market value can be influenced by many factors that don't directly affect Tanger Factory's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tanger Factory's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tanger Factory is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tanger Factory's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Tanger Factory Outlet EBITDA vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Tanger Factory's current stock value. Our valuation model uses many indicators to compare Tanger Factory value to that of its competitors to determine the firm's financial worth. Tanger Factory Outlet is rated below average in revenue category among its peers. It is rated below average in ebitda category among its peers totaling about 0.76 of EBITDA per Revenue. The ratio of Revenue to EBITDA for Tanger Factory Outlet is roughly 1.32 . At this time, Tanger Factory's Total Revenue is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Tanger Factory by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Tanger Revenue vs. Competition
Tanger Factory Outlet is rated below average in revenue category among its peers. Market size based on revenue of Real Estate industry is at this time estimated at about 19.24 Billion. Tanger Factory holds roughly 464.41 Million in revenue claiming about 2.41% of equities listed under Real Estate industry.
Tanger EBITDA vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Tanger Factory |
| = | 464.41 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Tanger Factory |
| = | 351.62 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Tanger EBITDA Comparison
Tanger Factory is currently under evaluation in ebitda category among its peers.
Tanger Factory Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Tanger Factory, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tanger Factory will eventually generate negative long term returns. The profitability progress is the general direction of Tanger Factory's change in net profit over the period of time. It can combine multiple indicators of Tanger Factory, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -23.5 M | -24.7 M | |
| Operating Income | 250.2 M | 262.7 M | |
| Income Before Tax | 103.9 M | 65.7 M | |
| Total Other Income Expense Net | -146.3 M | -139 M | |
| Net Income | 103.9 M | 109.1 M | |
| Income Tax Expense | 5.9 M | 5.6 M | |
| Net Income Applicable To Common Shares | 93.4 M | 98 M | |
| Net Income From Continuing Ops | 103.9 M | 109.1 M | |
| Non Operating Income Net Other | 49.9 M | 34.6 M | |
| Interest Income | 54 M | 61 M | |
| Net Interest Income | -47.9 M | -50.3 M | |
| Change To Netincome | 16.8 M | 17.6 M | |
| Net Income Per Share | 0.95 | 0.99 | |
| Income Quality | 2.21 | 3.37 | |
| Net Income Per E B T | 0.95 | 1.00 |
Tanger Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Tanger Factory. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Tanger Factory position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Tanger Factory's important profitability drivers and their relationship over time.
Use Tanger Factory in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tanger Factory position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tanger Factory will appreciate offsetting losses from the drop in the long position's value.Tanger Factory Pair Trading
Tanger Factory Outlet Pair Trading Analysis
The ability to find closely correlated positions to Tanger Factory could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tanger Factory when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tanger Factory - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tanger Factory Outlet to buy it.
The correlation of Tanger Factory is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tanger Factory moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tanger Factory Outlet moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tanger Factory can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Tanger Factory position
In addition to having Tanger Factory in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Additional Tools for Tanger Stock Analysis
When running Tanger Factory's price analysis, check to measure Tanger Factory's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tanger Factory is operating at the current time. Most of Tanger Factory's value examination focuses on studying past and present price action to predict the probability of Tanger Factory's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tanger Factory's price. Additionally, you may evaluate how the addition of Tanger Factory to your portfolios can decrease your overall portfolio volatility.