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Tanger (Tanger) EV-to-EBIT

: 29.84 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Tanger's Enterprise Value is $4,530.1 Mil. Tanger's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $151.8 Mil. Therefore, Tanger's EV-to-EBIT for today is 29.84.

The historical rank and industry rank for Tanger's EV-to-EBIT or its related term are showing as below:

SKT' s EV-to-EBIT Range Over the Past 10 Years
Min: 13.97   Med: 28.76   Max: 219.97
Current: 29.84

During the past 13 years, the highest EV-to-EBIT of Tanger was 219.97. The lowest was 13.97. And the median was 28.76.

SKT's EV-to-EBIT is ranked worse than
66.9% of 580 companies
in the REITs industry
Industry Median: 19.85 vs SKT: 29.84

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Tanger's Enterprise Value for the quarter that ended in Dec. 2023 was $4,543.6 Mil. Tanger's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $151.8 Mil. Tanger's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.34%.


Tanger EV-to-EBIT Historical Data

The historical data trend for Tanger's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tanger Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.66 100.39 53.72 23.71 29.93

Tanger Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.71 24.61 25.60 25.38 29.93

Competitive Comparison

For the REIT - Retail subindustry, Tanger's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tanger EV-to-EBIT Distribution

For the REITs industry and Real Estate sector, Tanger's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Tanger's EV-to-EBIT falls into.



Tanger EV-to-EBIT Calculation

Tanger's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4530.138/151.81
=29.84

Tanger's current Enterprise Value is $4,530.1 Mil.
Tanger's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $151.8 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tanger  (NYSE:SKT) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Tanger's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=151.81/4543.58396
=3.34 %

Tanger's Enterprise Value for the quarter that ended in Dec. 2023 was $4,543.6 Mil.
Tanger's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $151.8 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tanger EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Tanger's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Tanger (Tanger) Business Description

Traded in Other Exchanges
Address
3200 Northline Avenue, Suite 360, Greensboro, NC, USA, 27408
Tanger Inc Formerly Tanger Factory Outlet Centers Inc is the owner and operator of outlet centers in the United States and Canada. It is a fully-integrated, self-administered and self-managed REIT, which focuses on developing, acquiring, owning, operating and managing outlet shopping centers. Substantially majority of the firm's revenue is derived from rental income from real property. Geographically, the activities are carried out through the United States.
Executives
Steven B Tanger director, officer: President,
Jessica K Norman officer: EVP, General Counsel,Secretary 1835 MARKET STREET, SUITE 2601, PHILADELPHIA PA 19103
Susan E Skerritt director 3200 NORTHLINE AVE, SUITE 360, GREENSBORO NC 27408
Thomas Reddin director 11115 RUSHMORE DR, CHARLOTTE NC 28277
Michael J Bilerman officer: See Remarks 3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
Guerrieri Thomas Joseph Jr officer: VP, CAO and Controller 3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
Justin C Stein officer: EVP, Leasing 3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
Andrew R Wingrove officer: EVP, Chief Commercial Officer 3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
Carrie A Warren officer: Senior V.P. of Marketing 5900 HENSON FARM RD, SUMMERFIELD NC 27358
Chad Perry officer: EVP,General Counsel,Secretary C/O TANGER FACTORY OUTLET CENTERS, INC., 3200 NORTHLINE AVENUE, SUITE 360, GREENSBORO NC 27408
Sandeep Mathrani director
Gallardo Leslie Swanson officer: Executive VP Operations 3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
James Floyd Williams officer: Vice President & Controller 3204 COTTINGHAM COURT, GREENSBORO NC 27410
Stephen Yalof officer: President & COO 3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
Charles Allen Worsham officer: SVP,Construction & Development 3200 NORTHLINE AVENUE, SUITE 360, GREENSBORO NC 27408