Extra Space Storage Inc (EXR)vsTanger Factory Outlet Centers Inc (SKT)
EXR
Extra Space Storage Inc
$133.84
-0.85%
REAL ESTATE · Cap: $30.17B
SKT
Tanger Factory Outlet Centers Inc
$35.60
-0.17%
REAL ESTATE · Cap: $4.26B
Smart Verdict
WallStSmart Research — data-driven comparison
Extra Space Storage Inc generates 459% more annual revenue ($3.51B vs $627.75M). EXR leads profitability with a 27.3% profit margin vs 20.2%. SKT appears more attractively valued with a PEG of 4.14. SKT earns a higher WallStSmart Score of 61/100 (C+).
EXR
Buy55
out of 100
Grade: C
SKT
Buy61
out of 100
Grade: C+
Intrinsic Value Comparison
Multi-model valuation · Graham Formula
Margin of Safety
-6.3%
Fair Value
$134.01
Current Price
$133.84
$0.17 premium
Margin of Safety
+36.4%
Fair Value
$53.21
Current Price
$35.60
$17.61 discount
Key Strengths & Concerns
Side-by-side fundamental analysis
Key Strengths
Strong operational efficiency at 45.9%
Keeps 27 of every $100 in revenue as profit
Reasonable price relative to book value
Strong operational efficiency at 32.6%
Keeps 20 of every $100 in revenue as profit
Areas to Watch
Premium valuation, high expectations priced in
3.8% revenue growth
ROE of 7.2% — below average capital efficiency
Elevated debt levels
Premium valuation, high expectations priced in
Weak financial health signals
Expensive relative to growth rate
Distress zone — elevated risk
Comparative Analysis Report
WallStSmart ResearchBull Case : EXR
The strongest argument for EXR centers on Operating Margin, Profit Margin, Price/Book. Profitability is solid with margins at 27.3% and operating margin at 45.9%.
Bull Case : SKT
The strongest argument for SKT centers on Operating Margin, Profit Margin. Profitability is solid with margins at 20.2% and operating margin at 32.6%. Revenue growth of 11.5% demonstrates continued momentum.
Bear Case : EXR
The primary concerns for EXR are P/E Ratio, Revenue Growth, Return on Equity.
Bear Case : SKT
The primary concerns for SKT are P/E Ratio, Piotroski F-Score, PEG Ratio. Debt-to-equity of 2.76 is elevated, increasing financial risk.
Key Dynamics to Monitor
EXR profiles as a value stock while SKT is a mature play — different risk/reward profiles.
EXR carries more volatility with a beta of 1.18 — expect wider price swings.
SKT is growing revenue faster at 11.5% — sustainability is the question.
EXR generates stronger free cash flow (549M), providing more financial flexibility.
Bottom Line
SKT scores higher overall (61/100 vs 55/100), backed by strong 20.2% margins and 11.5% revenue growth. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.
This analysis is generated from publicly available financial data. Not financial advice.
Extra Space Storage Inc
REAL ESTATE · REIT - INDUSTRIAL · USA
Extra Space Storage is a real estate investment trust headquartered in Cottonwood Heights, Utah that invests in self storage units.
Visit Website →Tanger Factory Outlet Centers Inc
REAL ESTATE · REIT - RETAIL · USA
Tanger Factory Outlet Centers, Inc. (NYSE: SKT) is a leading operator of luxury outdoor outlet shopping centers that owns or has an ownership interest in a portfolio of 38 centers.
Compare with Other REIT - INDUSTRIAL Stocks
Want to dig deeper into these stocks?