Tanger Factory Outlet Centers Inc (SKT)vsSimon Property Group Inc (SPG)
SKT
Tanger Factory Outlet Centers Inc
$36.37
+0.11%
REAL ESTATE · Cap: $4.17B
SPG
Simon Property Group Inc
$202.12
+0.36%
REAL ESTATE · Cap: $76.66B
Smart Verdict
WallStSmart Research — data-driven comparison
Simon Property Group Inc generates 941% more annual revenue ($6.36B vs $611.24M). SPG leads profitability with a 72.7% profit margin vs 20.3%. SKT appears more attractively valued with a PEG of 4.14. SPG earns a higher WallStSmart Score of 67/100 (B-).
SKT
Strong Buy65
out of 100
Grade: B-
SPG
Strong Buy67
out of 100
Grade: B-
Intrinsic Value Comparison
Multi-model valuation · Graham Formula
Margin of Safety
+41.9%
Fair Value
$58.22
Current Price
$36.37
$21.85 discount
Margin of Safety
-18.2%
Fair Value
$164.74
Current Price
$202.12
$37.38 premium
Key Strengths & Concerns
Side-by-side fundamental analysis
Key Strengths
Strong operational efficiency at 30.3%
Keeps 20 of every $100 in revenue as profit
Earnings expanding 42.0% YoY
Every $100 of equity generates 104 in profit
Keeps 73 of every $100 in revenue as profit
Strong operational efficiency at 49.7%
Earnings expanding 358.1% YoY
Large-cap with strong market position
Attractively priced relative to earnings
Areas to Watch
Premium valuation, high expectations priced in
Expensive relative to growth rate
Distress zone — elevated risk
Trading at 12.7x book value
Expensive relative to growth rate
Comparative Analysis Report
WallStSmart ResearchBull Case : SKT
The strongest argument for SKT centers on Operating Margin, Profit Margin, EPS Growth. Profitability is solid with margins at 20.3% and operating margin at 30.3%. Revenue growth of 11.7% demonstrates continued momentum.
Bull Case : SPG
The strongest argument for SPG centers on Return on Equity, Profit Margin, Operating Margin. Profitability is solid with margins at 72.7% and operating margin at 49.7%. Revenue growth of 13.2% demonstrates continued momentum.
Bear Case : SKT
The primary concerns for SKT are P/E Ratio, PEG Ratio, Altman Z-Score.
Bear Case : SPG
The primary concerns for SPG are Price/Book, PEG Ratio.
Key Dynamics to Monitor
SPG carries more volatility with a beta of 1.36 — expect wider price swings.
SPG is growing revenue faster at 13.2% — sustainability is the question.
Monitor REIT - RETAIL industry trends, competitive dynamics, and regulatory changes.
Bottom Line
SPG scores higher overall (67/100 vs 65/100), backed by strong 72.7% margins and 13.2% revenue growth. SKT offers better value entry with a 41.9% margin of safety. Both earn "Strong Buy" and "Strong 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.
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.
Simon Property Group Inc
REAL ESTATE · REIT - RETAIL · USA
Simon Property Group, Inc. is a real estate investment trust that invests in shopping malls, outlet centers, and community/lifestyle centers. It is the largest owner of shopping malls in the United States and is headquartered in Indianapolis, Indiana.
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