Tanger (LTS:0LD4) EV-to-EBIT: 30.34 (As of Aug. 14, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LTS:0LD4 Tanger Inc LTS:0LD4
76 GF Score
Price $38.65
GF Value $35.60
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Tanger EV-to-EBIT?

Tanger LTS:0LD4 76 EV-to-EBIT is 30.34 as of Aug. 14, 2026, which is 1% below its 10-year median of 30.63. GuruFocus rates LTS:0LD4 with a GF Score™ of 76/100 and a GF Value™ of $35.60 (Fairly Valued). The stock has 7 warning signs investors should review. Among 657 REITs companies, Tanger ranks worse than 77.47% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Tanger's Enterprise Value is $6,204.0 Mil. Tanger's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $204.5 Mil. Therefore, Tanger's EV-to-EBIT for today is 30.34.

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

LTS:0LD4' s EV-to-EBIT Range Over the Past 10 Years
Min: 13.97   Med: 30.63   Max: 219.97
Current: 30.34

During the past 13 years, the highest EV-to-EBIT of Tanger was 219.97. The lowest was 13.97. And the median was 30.63.

LTS:0LD4's EV-to-EBIT is ranked worse than
77.47% of 657 companies
in the REITs industry
Industry Median: 17.92 vs LTS:0LD4: 30.34

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Tanger's Enterprise Value for the quarter that ended in Jun. 2026 was $6,362.0 Mil. Tanger's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $204.5 Mil. Tanger's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 3.21%.


Tanger  (LTS:0LD4) 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 Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=204.48/6361.958335
=3.21 %

Tanger's Enterprise Value for the quarter that ended in Jun. 2026 was $6,362.0 Mil.
Tanger's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $204.5 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


Tanger EV-to-EBIT Historical Data

* Premium members only.

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.

Tanger EV-to-EBIT Chart

Tanger Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.72 23.71 29.93 32.66 29.89

Tanger Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 30.35 31.90 29.89 28.56 30.89

LTS:0LD4 vs PECO, KRG, CURB: EV-to-EBIT 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 vs REITs Industry

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.


LTS:0LD4
76GF Score
Tanger Inc LTS:0LD4
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tanger EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=6204.004/204.48
=30.34

Tanger's current Enterprise Value is $6,204.0 Mil.
Tanger's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $204.5 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 30.34 mean?
Tanger (LTS:0LD4) has a EV-to-EBIT of 30.34 as of Aug. 14, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Tanger and its competitors. This is near median its historical median of 30.63. Over the past decade, Tanger's EV-to-EBIT has ranged from 13.97 to 219.97. According to the industry distribution chart, Tanger ranks #509 out of 657 companies in the REITs industry, placing it in the top 77.5%.
Is Tanger's EV-to-EBIT too high?
Tanger's current EV-to-EBIT of 30.34 is near median its 10-year median of 30.63. Over the past 10 years, this metric has ranged from a low of 13.97 to a high of 219.97. The REITs industry median EV-to-EBIT is 17.92. Tanger's value of 30.34 is 69.3% above this industry median. Based on the distribution chart, Tanger ranks #509 out of 657 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Tanger has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tanger's EV-to-EBIT compare to PECO and KRG?
According to the REITs industry distribution chart, Tanger ranks #509 out of 657 companies for EV-to-EBIT. This places Tanger in the lower half of its industry. The industry median EV-to-EBIT is 17.92. Tanger's value of 30.34 is 69.3% above this benchmark. Historically, Tanger's own EV-to-EBIT has ranged from 13.97 to 219.97 over the past decade. While the company's 10-year median is 30.63 vs. the industry median of 17.92, Tanger has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a REITs company?
The median EV-to-EBIT among REITs companies is 17.92, based on 657 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tanger's current EV-to-EBIT of 30.34 is 69.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Tanger and its competitors. For the REITs industry, the median EV-to-EBIT is 17.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tanger's current EV-to-EBIT is 30.34, which is near median its own 10-year median of 30.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tanger stock overvalued right now?
Based on GuruFocus' analysis, Tanger (LTS:0LD4) is currently considered Fairly Valued. The stock's GF Value™ is $35.60, compared to a current price of $38.65 — trading 8.6% above its estimated fair value. The current EV-to-EBIT is 30.34, which is near median its 10-year median of 30.63 and 69.3% above the REITs industry median of 17.92. Tanger's overall GF Score™ is 76/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Tanger (LTS:0LD4), the current EV-to-EBIT is 30.34 as of Aug. 14, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tanger (LTS:0LD4) Overvalued in 2026?

Based on GuruFocus' analysis, Tanger stock appears to be overvalued. The current stock price of $38.65 is trading 8.6% above its estimated GF Value™ of $35.60. GuruFocus considers Tanger to be Fairly Valued.

Key valuation signals for LTS:0LD4:

  • EV-to-EBIT: 30.34 (near median its 10-year median of 30.63)
  • GF Value™: $35.60 vs. price of $38.65 (8.6% above fair value)
  • GF Score™: 76/100 with 7 warning signs
  • Industry Position: 69.3% above the REITs median (#509 of 657)

No single metric tells the full story. See the LTS:0LD4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tanger Business Description

Industry Real EstateREITs
Other Exchanges SKT:USAT6O:Germany
Address 3200 Northline Avenue, Suite 360, Greensboro, NC, USA, 27408
Tanger Inc is an owner and operator of outlet and open-air 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 and open-air shopping centers. Its consolidated portfolio consisted of 31 outlet centers and 2 open-air lifestyle centers.
76GF Score

Get the complete analysis for LTS:0LD4

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$38.65
Price
$35.60
GF Value