SKT (Tanger) ROCE %: 7.43% (As of Mar. 2026)


SKT Tanger Inc SKT
78 GF Score
Price $40.54
GF Value $34.10
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Tanger ROCE %?

Tanger SKT +1.30% 78 ROCE % is 7.43% as of Mar. 2026. GuruFocus rates SKT with a GF Score™ of 78/100 and a GF Value™ of $34.10 (Modestly Overvalued). The stock has 8 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 Mar. 2026 was 7.43%.

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
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 6.31 8.41 8.38 8.41 7.43
SKT
78GF Score
Tanger Inc SKT
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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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 Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=194.372/( ( (2655.982 - 177.065) + (2834.274 - 78.442) )/ 2 )
=194.372/( ( 2478.917 + 2755.832 )/ 2 )
=194.372/2617.3745
=7.43 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 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 7.43% mean?
Tanger (SKT) has a ROCE % of 7.43% as of Mar. 2026.
Is Tanger's ROCE % too high?
Tanger's current ROCE % is 7.43%. The REITs industry median ROCE % is 5.21. Tanger's value of 7.43% is 42.6% above this industry median. Overall, Tanger has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tanger's ROCE % compare to PECO and CURB?
Tanger's ROCE % of 7.43% can be compared against companies in the REITs industry. The industry median ROCE % is 5.21. Tanger's value of 7.43% is 42.6% 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 5.21, based on 757 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 7.43% is 42.6% 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 5.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tanger's current ROCE % is 7.43%. 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 Modestly Overvalued. The stock's GF Value™ is $34.10, compared to a current price of $40.54 — trading 18.9% above its estimated fair value. The current ROCE % is 7.43% and 42.6% above the REITs industry median of 5.21. Tanger's overall GF Score™ is 78/100 with 8 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 7.43% as of Mar. 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 $40.54 is trading 18.9% above its estimated GF Value™ of $34.10. GuruFocus considers Tanger to be Modestly Overvalued.

Key valuation signals for SKT:

  • ROCE %: 7.43%
  • GF Value™: $34.10 vs. price of $40.54 (18.9% above fair value)
  • GF Score™: 78/100 with 8 warning signs
  • Industry Position: 42.6% 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.
78GF Score

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

$40.54
Price
$34.10
GF Value