Tanger Factory Outlet Centers Inc
NYSE:SKT

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Tanger Factory Outlet Centers Inc
NYSE:SKT
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Price: 31.68 USD 0.99% Market Closed
Market Cap: 3.6B USD

ROCE
Return on Capital Employed

6.9%
Current
6%
Average
3.4%
Industry

ROCE, or Return on Capital Employed, is a financial ratio that measures a company’s profitability in relation to the capital it employs.

ROCE
6.9%
=
EBIT
153.5m
/
Capital Employed
2.2B

ROCE Across Competitors

Tanger Factory Outlet Centers Inc
Glance View

Market Cap
3.6B USD
Industry
Real Estate

Tanger Factory Outlet Centers Inc., rooted in a rich history, has carved a distinct niche within the retail real estate sector. Founded by Stanley K. Tanger in 1981, this company pioneered the open-air outlet shopping experience, transforming it into a mainstream retail concept. Tanger's business model capitalizes on owning, operating, and developing high-quality outlet centers across North America. Each center is strategically positioned in diverse locations often within proximity to major metropolitan areas or popular vacation destinations, drawing a consistent flow of price-conscious consumers seeking premium brands at reduced prices. The company thrives by leasing retail space to renowned brand-name manufacturers, offering them a direct-to-consumer channel to clear inventory and showcase their products. Revenue generation at Tanger is tied intrinsically to its tenants' success and the company's ability to maintain high occupancy rates. It employs a flexible leasing strategy that blends fixed base rents with variable income streams such as percentage rent, which ties lease payments to tenant sales performance. This structure aligns Tanger's interests with those of its tenants, as higher sales translate into increased rent revenues. Furthermore, the company is adept at incorporating marketing and events to attract foot traffic, enhancing the shopping experience to encourage consumer spending. Such initiatives ensure steady income flows while mitigating the impact of retail cycles, supporting their sustained growth within a competitive industry landscape.

SKT Intrinsic Value
26.55 USD
Overvaluation 16%
Intrinsic Value
Price
What is Return on Capital Employed?

ROCE, or Return on Capital Employed, is a financial ratio that measures a company’s profitability in relation to the capital it employs.

ROCE
6.9%
=
EBIT
153.5m
/
Capital Employed
2.2B
What is the ROCE of Tanger Factory Outlet Centers Inc?

Based on Tanger Factory Outlet Centers Inc's most recent financial statements, the company has ROCE of 6.9%.

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