WallStSmart

Kimco Realty Corporation (KIM)vsTanger Factory Outlet Centers Inc (SKT)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Kimco Realty Corporation generates 260% more annual revenue ($2.14B vs $595.14M). KIM leads profitability with a 27.3% profit margin vs 19.3%. KIM appears more attractively valued with a PEG of 3.37. SKT earns a higher WallStSmart Score of 61/100 (C+).

KIM

Buy

56

out of 100

Grade: C

Growth: 4.0Profit: 7.0Value: 4.7Quality: 6.5
Piotroski: 4/9

SKT

Buy

61

out of 100

Grade: C+

Growth: 6.7Profit: 8.0Value: 6.7Quality: 3.8
Piotroski: 5/9Altman Z: 0.41
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

KIMSignificantly Overvalued (-294.1%)

Margin of Safety

-294.1%

Fair Value

$5.58

Current Price

$22.41

$16.83 premium

UndervaluedFair: $5.58Overvalued
SKTUndervalued (+16.4%)

Margin of Safety

+16.4%

Fair Value

$40.47

Current Price

$33.95

$6.52 discount

UndervaluedFair: $40.47Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

KIM3 strengths · Avg: 9.7/10
Price/BookValuation
1.5x10/10

Reasonable price relative to book value

Operating MarginProfitability
33.0%10/10

Strong operational efficiency at 33.0%

Profit MarginProfitability
27.3%9/10

Keeps 27 of every $100 in revenue as profit

SKT2 strengths · Avg: 9.0/10
Operating MarginProfitability
31.4%10/10

Strong operational efficiency at 31.4%

EPS GrowthGrowth
21.3%8/10

Earnings expanding 21.3% YoY

Areas to Watch

KIM4 concerns · Avg: 3.3/10
P/E RatioValuation
27.5x4/10

Moderate valuation

Revenue GrowthGrowth
3.2%4/10

3.2% revenue growth

Return on EquityProfitability
5.5%3/10

ROE of 5.5% — below average capital efficiency

PEG RatioValuation
3.372/10

Expensive relative to growth rate

SKT3 concerns · Avg: 2.7/10
P/E RatioValuation
34.4x4/10

Premium valuation, high expectations priced in

PEG RatioValuation
4.142/10

Expensive relative to growth rate

Altman Z-ScoreHealth
0.412/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : KIM

The strongest argument for KIM centers on Price/Book, Operating Margin, Profit Margin. Profitability is solid with margins at 27.3% and operating margin at 33.0%.

Bull Case : SKT

The strongest argument for SKT centers on Operating Margin, EPS Growth. Profitability is solid with margins at 19.3% and operating margin at 31.4%. Revenue growth of 13.9% demonstrates continued momentum.

Bear Case : KIM

The primary concerns for KIM are P/E Ratio, Revenue Growth, Return on Equity.

Bear Case : SKT

The primary concerns for SKT are P/E Ratio, PEG Ratio, Altman Z-Score.

Key Dynamics to Monitor

KIM profiles as a value stock while SKT is a mature play — different risk/reward profiles.

SKT carries more volatility with a beta of 1.17 — expect wider price swings.

SKT is growing revenue faster at 13.9% — sustainability is the question.

KIM generates stronger free cash flow (143M), providing more financial flexibility.

Bottom Line

SKT scores higher overall (61/100 vs 56/100), backed by strong 19.3% margins and 13.9% 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.

Kimco Realty Corporation

REAL ESTATE · REIT - RETAIL · USA

Kimco Realty Corporation is a real estate investment trust (REIT) that invests in shopping centers.

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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.

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