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TangerLTS:0LD4 -0.38%76 EV-to-EBITDA is 17.03 as of Aug. 15, 2026, which is 8% above its 10-year median of 15.75. GuruFocus rates LTS:0LD4 with a GF Score™ of 76/100 and a GF Value™ of $35.80 (Fairly Valued). The stock has 7 warning signs investors should review. Among 676 REITs companies, Tanger ranks worse than 59.02% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Tanger's enterprise value is $6,199.4 Mil.
Tanger's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $364.0 Mil. Therefore, Tanger's EV-to-EBITDA for today is 17.03.
The historical rank and industry rank for Tanger's EV-to-EBITDA or its related term are showing as below:
LTS:0LD4'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 7.95 Med: 15.75 Max: 22.5
Current: 17.03
During the past 13 years, the highest EV-to-EBITDA of Tanger was 22.50. The lowest was 7.95. And the median was 15.75.
LTS:0LD4's EV-to-EBITDA is ranked worse than 59.02% of 676
companies
in the REITs industry
Industry Median: 15.465
vs LTS:0LD4: 17.03
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
As of today (2026-08-15), Tanger's stock price is $38.505.
Tanger's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $1.100. Therefore, Tanger's PE Ratio (TTM) for today is 35.00.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Tanger's share price for today is $38.505.
Tanger's Earnings per Share (Diluted) 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 $1.100.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Tanger's EV-to-EBITDA 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.
LTS:0LD4 vs PECO, KRG, CURB: EV-to-EBITDA Comparison
For the REIT - Retail subindustry, Tanger's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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-EBITDA vs REITs Industry
For the REITs industry and Real Estate sector, Tanger's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Tanger's EV-to-EBITDA falls into.
Tanger's current Enterprise Value is $6,199.4 Mil.
Tanger's EBITDA 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 $364.0 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 (LTS:0LD4) has a EV-to-EBITDA of 17.03 as of Aug. 15, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Tanger. This is near median its historical median of 15.75. Over the past decade, Tanger's EV-to-EBITDA has ranged from 7.95 to 22.50. According to the industry distribution chart, Tanger ranks #399 out of 676 companies in the REITs industry, placing it in the top 59%.
Is Tanger's EV-to-EBITDA too high?
Tanger's current EV-to-EBITDA of 17.03 is near median its 10-year median of 15.75. Over the past 10 years, this metric has ranged from a low of 7.95 to a high of 22.50. The REITs industry median EV-to-EBITDA is 15.47. Tanger's value of 17.03 is 10.1% above this industry median. Based on the distribution chart, Tanger ranks #399 out of 676 companies in the REITs industry, which is below the industry midpoint. 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-EBITDA compare to PECO and KRG?
According to the REITs industry distribution chart, Tanger ranks #399 out of 676 companies for EV-to-EBITDA. This places Tanger in the lower half of its industry. The industry median EV-to-EBITDA is 15.47. Tanger's value of 17.03 is 10.1% above this benchmark. Historically, Tanger's own EV-to-EBITDA has ranged from 7.95 to 22.50 over the past decade. While the company's 10-year median is 15.75 vs. the industry median of 15.47, 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-EBITDA for a REITs company?
The median EV-to-EBITDA among REITs companies is 15.47, based on 676 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tanger's current EV-to-EBITDA of 17.03 is 10.1% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Tanger. For the REITs industry, the median EV-to-EBITDA is 15.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tanger's current EV-to-EBITDA is 17.03, which is near median its own 10-year median of 15.75. 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 $35.80, compared to a current price of $38.51 — trading 7.6% above its estimated fair value. The current EV-to-EBITDA is 17.03, which is near median its 10-year median of 15.75 and 10.1% above the REITs industry median of 15.47. 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Tanger (LTS:0LD4), the current EV-to-EBITDA is 17.03 as of Aug. 15, 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 $38.51 is trading 7.6% above its estimated GF Value™ of $35.80.
GuruFocus considers Tanger to be Fairly Valued.
Key valuation signals for LTS:0LD4:
EV-to-EBITDA: 17.03 (near median its 10-year median of 15.75)
GF Value™: $35.80 vs. price of $38.51 (7.6% above fair value)
Industry Position: 10.1% above the REITs median (#399 of 676)
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 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
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