SKT (Tanger) ROCE %: 7.85% (As of Jun. 2026)

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.

SKT Tanger Inc SKT
70 GF Score
Price $39.31
GF Value $35.85
Valuation Fairly Valued
! 10 Warning Signs
View Full Analysis

What is Tanger ROCE %?

Tanger SKT -0.03% 70 ROCE % is 7.85% as of Jun. 2026. GuruFocus rates SKT with a GF Score™ of 70/100 and a GF Value™ of $35.85 (Fairly Valued). The stock has 10 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Tanger's annualized ROCE % for the quarter that ended in Jun. 2026 was 7.85%.


Tanger  (NYSE:SKT) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.


Tanger ROCE % Related Terms


Tanger ROCE % Historical Data

* Premium members only.

The historical data trend for Tanger's ROCE % 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 ROCE % Chart

Tanger Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 6.36 7.05 7.32 7.80

Tanger Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
ROCE % 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 8.41 8.38 8.41 7.43 7.85
SKT
70GF Score
Tanger Inc SKT
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tanger ROCE % Calculation

Tanger's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=185.361/( ( (2381.183 - 107.775) + (2655.982 - 177.065) )/ 2 )
=185.361/( (2273.408+2478.917)/ 2 )
=185.361/2376.1625
=7.80 %

Tanger's ROCE % of for the quarter that ended in Jun. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=216.104/( ( (2834.274 - 78.442) + (2859.693 - 107.684) )/ 2 )
=216.104/( ( 2755.832 + 2752.009 )/ 2 )
=216.104/2753.9205
=7.85 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

* 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 ROCE % →
What does a ROCE % of 7.85% mean?
Tanger (SKT) has a ROCE % of 7.85% as of Jun. 2026.
Is Tanger's ROCE % too high?
Tanger's current ROCE % is 7.85%. The REITs industry median ROCE % is 5.07. Tanger's value of 7.85% is 54.8% above this industry median. Overall, Tanger has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tanger's ROCE % compare to PECO and KRG?
Tanger's ROCE % of 7.85% can be compared against companies in the REITs industry. The industry median ROCE % is 5.07. Tanger's value of 7.85% is 54.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a REITs company?
The median ROCE % among REITs companies is 5.07, based on 741 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tanger's current ROCE % of 7.85% is 54.8% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the REITs industry, the median ROCE % is 5.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tanger's current ROCE % is 7.85%. 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 (SKT) is currently considered Fairly Valued. The stock's GF Value™ is $35.85, compared to a current price of $39.31 — trading 9.7% above its estimated fair value. The current ROCE % is 7.85% and 54.8% above the REITs industry median of 5.07. Tanger's overall GF Score™ is 70/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Tanger (SKT), the current ROCE % is 7.85% as of Jun. 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 (SKT) Overvalued in 2026?

Based on GuruFocus' analysis, Tanger stock appears to be overvalued. The current stock price of $39.31 is trading 9.7% above its estimated GF Value™ of $35.85. GuruFocus considers Tanger to be Fairly Valued.

Key valuation signals for SKT:

  • ROCE %: 7.85%
  • GF Value™: $35.85 vs. price of $39.31 (9.7% above fair value)
  • GF Score™: 70/100 with 10 warning signs
  • Industry Position: 54.8% above the REITs median

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


Tanger Business Description

Industry Real EstateREITs
Other Exchanges 0LD4:UKT6O: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.
70GF Score

Get the complete analysis for SKT

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

$39.31
Price
$35.85
GF Value