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Tanger (Tanger) Price-to-Free-Cash-Flow

: 12.31 (As of Today)
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As of today (2024-04-17), Tanger's share price is $26.48. Tanger's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $2.15. Hence, Tanger's Price-to-Free-Cash-Flow Ratio for today is 12.31.

The historical rank and industry rank for Tanger's Price-to-Free-Cash-Flow or its related term are showing as below:

SKT' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 1.84   Med: 9.8   Max: 22.6
Current: 12.32

During the past 13 years, Tanger's highest Price-to-Free-Cash-Flow Ratio was 22.60. The lowest was 1.84. And the median was 9.80.

SKT's Price-to-Free-Cash-Flow is ranked worse than
51.58% of 696 companies
in the REITs industry
Industry Median: 11.975 vs SKT: 12.32

Tanger's Free Cash Flow per Share for the three months ended in Dec. 2023 was $0.72. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $2.15.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Tanger was 6.40% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 6.60% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was -4.30% per year. During the past 10 years, the average Free Cash Flow per Share Growth Rate was -0.60% per year.

During the past 13 years, Tanger's highest 3-Year average Free Cash Flow per Share Growth Rate was 134.00% per year. The lowest was -59.30% per year. And the median was 8.10% per year.


Tanger Price-to-Free-Cash-Flow Historical Data

The historical data trend for Tanger's Price-to-Free-Cash-Flow 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.

* Premium members only.

Tanger Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.20 5.60 9.03 8.86 12.86

Tanger Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Free-Cash-Flow 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 Premium Member Only Premium Member Only Premium Member Only 8.86 9.45 10.51 9.92 12.86

Competitive Comparison

For the REIT - Retail subindustry, Tanger's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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 Price-to-Free-Cash-Flow Distribution

For the REITs industry and Real Estate sector, Tanger's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Tanger's Price-to-Free-Cash-Flow falls into.



Tanger Price-to-Free-Cash-Flow Calculation

Tanger's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=26.48/2.151
=12.31

Tanger's Share Price of today is $26.48.
Tanger's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.15.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Tanger  (NYSE:SKT) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Tanger Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Tanger's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Tanger (Tanger) Business Description

Industry
Traded in Other Exchanges
Address
3200 Northline Avenue, Suite 360, Greensboro, NC, USA, 27408
Tanger Inc Formerly Tanger Factory Outlet Centers Inc is the owner and operator of outlet 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 shopping centers. Substantially majority of the firm's revenue is derived from rental income from real property. Geographically, the activities are carried out through the United States.
Executives
Steven B Tanger director, officer: President,
Jessica K Norman officer: EVP, General Counsel,Secretary 1835 MARKET STREET, SUITE 2601, PHILADELPHIA PA 19103
Susan E Skerritt director 3200 NORTHLINE AVE, SUITE 360, GREENSBORO NC 27408
Thomas Reddin director 11115 RUSHMORE DR, CHARLOTTE NC 28277
Michael J Bilerman officer: See Remarks 3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
Guerrieri Thomas Joseph Jr officer: VP, CAO and Controller 3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
Justin C Stein officer: EVP, Leasing 3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
Andrew R Wingrove officer: EVP, Chief Commercial Officer 3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
Carrie A Warren officer: Senior V.P. of Marketing 5900 HENSON FARM RD, SUMMERFIELD NC 27358
Chad Perry officer: EVP,General Counsel,Secretary C/O TANGER FACTORY OUTLET CENTERS, INC., 3200 NORTHLINE AVENUE, SUITE 360, GREENSBORO NC 27408
Sandeep Mathrani director
Gallardo Leslie Swanson officer: Executive VP Operations 3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
James Floyd Williams officer: Vice President & Controller 3204 COTTINGHAM COURT, GREENSBORO NC 27410
Stephen Yalof officer: President & COO 3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
Charles Allen Worsham officer: SVP,Construction & Development 3200 NORTHLINE AVENUE, SUITE 360, GREENSBORO NC 27408