TangerLTS:0LD4 76 EV-to-FCF is 21.70 as of Jul. 05, 2026, which is 31% above its 10-year median of 16.52. GuruFocus rates LTS:0LD4 with a GF Score™ of 76/100 and a GF Value™ of $34.05 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 741 REITs companies, Tanger ranks better than 53.31% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Tanger's Enterprise Value is $6,297.8 Mil.
Tanger's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $290.3 Mil. Therefore, Tanger's EV-to-FCF for today is 21.70.
The historical rank and industry rank for Tanger's EV-to-FCF or its related term are showing as below:
LTS:0LD4'
s EV-to-FCF Range Over the Past 10 Years
Min: 9.65 Med: 16.52 Max: 24.84
Current: 21.7
During the past 13 years, the highest EV-to-FCF of Tanger was 24.84. The lowest was 9.65. And the median was 16.52.
LTS:0LD4's EV-to-FCF is ranked better than 53.31% of 741
companies
in the REITs industry
Industry Median: 22.97
vs LTS:0LD4: 21.70
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
As of today (2026-07-05), Tanger's stock price is $39.47.
Tanger's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $1.070. Therefore, Tanger's PE Ratio (TTM) for today is 36.89.
Tanger (LTS:0LD4) EV-to-FCF Explanation
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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 $39.47.
Tanger's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.070.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Tanger EV-to-FCF Related Terms
Tanger EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Tanger's EV-to-FCF 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.
For the REIT - Retail subindustry, Tanger's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs REITs Industry
For the REITs industry and Real Estate sector, Tanger's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Tanger's EV-to-FCF falls into.
Tanger's current Enterprise Value is $6,297.8 Mil.
Tanger's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $290.3 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-FCF of 21.70 as of Jul. 05, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Tanger and its competitors. This is 31% above median its historical median of 16.52. Over the past decade, Tanger's EV-to-FCF has ranged from 9.65 to 24.84. According to the industry distribution chart, Tanger ranks #346 out of 741 companies in the REITs industry, placing it in the top 46.7%.
Is Tanger's EV-to-FCF too high?
Tanger's current EV-to-FCF of 21.70 is 31% above median its 10-year median of 16.52. Over the past 10 years, this metric has ranged from a low of 9.65 to a high of 24.84. The REITs industry median EV-to-FCF is 22.97. Tanger's value of 21.70 is 5.5% below this industry median. Based on the distribution chart, Tanger ranks #346 out of 741 companies in the REITs industry, which is above the industry midpoint. Overall, Tanger has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tanger's EV-to-FCF compare to PECO and KRG?
According to the REITs industry distribution chart, Tanger ranks #346 out of 741 companies for EV-to-FCF. This puts Tanger in the upper half of its industry. The industry median EV-to-FCF is 22.97. Tanger's value of 21.70 is 5.5% below this benchmark. Historically, Tanger's own EV-to-FCF has ranged from 9.65 to 24.84 over the past decade. While the company's 10-year median is 16.52 vs. the industry median of 22.97, Tanger has consistently been below 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-FCF for a REITs company?
The median EV-to-FCF among REITs companies is 22.97, based on 741 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tanger's current EV-to-FCF of 21.70 is 5.5% below 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Tanger and its competitors. For the REITs industry, the median EV-to-FCF is 22.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tanger's current EV-to-FCF is 21.70, which is 31% above median its own 10-year median of 16.52. 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 Modestly Overvalued. The stock's GF Value™ is $34.05, compared to a current price of $39.47 — trading 15.9% above its estimated fair value. The current EV-to-FCF is 21.70, which is 31% above median its 10-year median of 16.52 and 5.5% below the REITs industry median of 22.97. Tanger's overall GF Score™ is 76/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Tanger (LTS:0LD4), the current EV-to-FCF is 21.70 as of Jul. 05, 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 $39.47 is trading 15.9% above its estimated GF Value™ of $34.05.
GuruFocus considers Tanger to be Modestly Overvalued.
Key valuation signals for LTS:0LD4:
EV-to-FCF: 21.70 (31% above median its 10-year median of 16.52)
GF Value™: $34.05 vs. price of $39.47 (15.9% above fair value)
Industry Position: 5.5% below the REITs median (#346 of 741)
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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