Tanger Inc.
New York Stock ExchangeTotal Valuation
Tanger Inc. carries a market capitalization of 4.21B, placing it among publicly traded companies globally. Its enterprise value stands at 6.32B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.
| Market Cap | 4.21B |
| Enterprise Value | 6.32B |
Share Statistics
Tanger Inc. currently has 114.88M shares outstanding.
| Shares Outstanding | 114.88M |
| Owned by Insiders (%) | N/A |
| Owned by Institutions (%) | N/A |
Valuation Ratios
Tanger Inc. trades at a trailing price-to-earnings ratio of 35.46. The price-to-sales ratio is 7.35, and the price-to-book ratio stands at 6.73.
| PE Ratio | 35.46 |
| PS Ratio | 7.35 |
| PB Ratio | 6.73 |
| P/TBV Ratio | 8.09 |
| P/FCF Ratio | 15.11 |
| P/OCF Ratio | 14.92 |
Enterprise Valuation
On an enterprise value basis, Tanger Inc. trades at an EV/EBITDA multiple of 18.34 and an EV/FCF ratio of 16.89. The EV/Sales ratio of 10.32 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 34.16 provides insight into valuation relative to core operating earnings.
| EV / Sales | 10.32 |
| EV / EBITDA | 18.34 |
| EV / EBIT | 34.16 |
| EV / FCF | 16.89 |
Financial Position
Tanger Inc. maintains a current ratio of 2.12, meaning it holds 2.1x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 278.26, indicating elevated leverage, while an interest coverage ratio of 4.77 demonstrates adequate ability to service its debt obligations.
| Current Ratio | 2.12 |
| Quick Ratio | 1.83 |
| Debt / Equity | 278.26 |
| Debt / EBITDA | 5.67 |
| Interest Coverage | 4.77 |
Financial Efficiency
Tanger Inc. posts a return on equity of 19.40 and a return on invested capital of 7.51.
| Return on Equity (ROE) | 19.40 |
| Return on Assets (ROA) | 4.78 |
| Return on Invested Capital (ROIC) | 7.51 |
| Return on Capital Employed (ROCE) | 7.88 |
| Revenue Per Employee | N/A |
| Employee Count | N/A |
| Inventory Turnover | N/A |
Stock Price Statistics
Tanger Inc.'s stock has gained approximately 7.38353% over the past 52 weeks. The 50-day moving average sits at 39.44, while the 200-day moving average is 36.33.
| Beta (5Y) | N/A |
| 52-Week Price Change | 7.38353% |
| 50-Day Moving Average | 39.44 |
| 200-Day Moving Average | 36.33 |
| Average Volume (20 Days) | N/A |
Income Statement
Over the trailing twelve months, Tanger Inc. generated 612.31M in revenue and converted that into 126.99M in net income, yielding earnings per share of 1.14. EBITDA reached 344.48M, while operating income came in at 184.93M.
| Revenue | 612.31M |
| Gross Profit | 425.80M |
| Operating Income | 184.93M |
| Pretax Income | 132.19M |
| Net Income | 126.99M |
| EBITDA | 344.48M |
| EBIT | 184.93M |
| Earnings Per Share (EPS) | 1.14 |
Balance Sheet
Tanger Inc. holds 196.88M in cash and equivalents against 1.95B in total debt, resulting in a net debt position of 1.68B. Total book value stands at 673.97M, with working capital of 120.20M providing operational flexibility.
| Cash & Cash Equivalents | 196.88M |
| Total Debt | 1.95B |
| Net Debt | 1.68B |
| Equity (Book Value) | 673.97M |
| Book Value Per Share | 5.87 |
| Working Capital | 120.20M |
Cash Flow
Tanger Inc. produced 301.72M in operating cash flow over the past twelve months.
| Operating Cash Flow | 301.72M |
| Capital Expenditures | N/A |
| Free Cash Flow | 301.72M |
| FCF Per Share | 2.64 |
Margins
Tanger Inc. operates with a gross margin of 69.54, reflecting its pricing power and cost economics. The operating margin of 30.20 and net profit margin of 20.74 provide insight into operational efficiency.
| Gross Margin | 69.54 |
| Operating Margin | 30.20 |
| Pretax Margin | 21.59 |
| Profit Margin | 20.74 |
| EBITDA Margin | 56.26 |
Dividends & Yields
The company's payout ratio of 100.32 indicates the proportion of earnings distributed to shareholders.
| Dividend Per Share | 1.21 |
| Dividend Yield | N/A |
| Payout Ratio | 100.32 |
| Shareholder Yield | -2.23 |
| FCF Yield | 6.62 |
Stock Splits
Tanger Inc.'s most recent stock split took place on January 25, 2011 with a 1:2 split ratio.
| Last Split Date | 1/25/2011 |
| Split Ratio | 1:2 |
Scores
Tanger Inc. posts an Altman Z-Score of 1.48, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | 1.48 |