WallStSmart

Brixmor Property (BRX)vsTanger Factory Outlet Centers Inc (SKT)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Brixmor Property generates 124% more annual revenue ($1.40B vs $627.75M). BRX leads profitability with a 30.8% profit margin vs 20.2%. BRX appears more attractively valued with a PEG of 1.68. SKT earns a higher WallStSmart Score of 61/100 (C+).

BRX

Buy

58

out of 100

Grade: C

Growth: 3.3Profit: 8.0Value: 4.0Quality: 4.0
Piotroski: 4/9Altman Z: 0.61

SKT

Buy

61

out of 100

Grade: C+

Growth: 6.0Profit: 8.0Value: 5.3Quality: 3.5
Piotroski: 2/9Altman Z: 0.34
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

BRXSignificantly Overvalued (-26.4%)

Margin of Safety

-26.4%

Fair Value

$22.13

Current Price

$27.96

$5.83 premium

UndervaluedFair: $22.13Overvalued
SKTUndervalued (+36.4%)

Margin of Safety

+36.4%

Fair Value

$53.21

Current Price

$35.60

$17.61 discount

UndervaluedFair: $53.21Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

BRX3 strengths · Avg: 9.3/10
Profit MarginProfitability
30.8%10/10

Keeps 31 of every $100 in revenue as profit

Operating MarginProfitability
36.0%10/10

Strong operational efficiency at 36.0%

Price/BookValuation
2.8x8/10

Reasonable price relative to book value

SKT2 strengths · Avg: 9.5/10
Operating MarginProfitability
32.6%10/10

Strong operational efficiency at 32.6%

Profit MarginProfitability
20.2%9/10

Keeps 20 of every $100 in revenue as profit

Areas to Watch

BRX4 concerns · Avg: 3.3/10
PEG RatioValuation
1.684/10

Expensive relative to growth rate

Revenue GrowthGrowth
4.3%4/10

4.3% revenue growth

Debt/EquityHealth
1.763/10

Elevated debt levels

EPS GrowthGrowth
-14.1%2/10

Earnings declined 14.1%

SKT4 concerns · Avg: 2.8/10
P/E RatioValuation
32.7x4/10

Premium valuation, high expectations priced in

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

PEG RatioValuation
4.142/10

Expensive relative to growth rate

Altman Z-ScoreHealth
0.342/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : BRX

The strongest argument for BRX centers on Profit Margin, Operating Margin, Price/Book. Profitability is solid with margins at 30.8% and operating margin at 36.0%.

Bull Case : SKT

The strongest argument for SKT centers on Operating Margin, Profit Margin. Profitability is solid with margins at 20.2% and operating margin at 32.6%. Revenue growth of 11.5% demonstrates continued momentum.

Bear Case : BRX

The primary concerns for BRX are PEG Ratio, Revenue Growth, Debt/Equity. Debt-to-equity of 1.76 is elevated, increasing financial risk.

Bear Case : SKT

The primary concerns for SKT are P/E Ratio, Piotroski F-Score, PEG Ratio. Debt-to-equity of 2.76 is elevated, increasing financial risk.

Key Dynamics to Monitor

BRX profiles as a value stock while SKT is a mature play — different risk/reward profiles.

SKT carries more volatility with a beta of 1.08 — expect wider price swings.

SKT is growing revenue faster at 11.5% — sustainability is the question.

BRX generates stronger free cash flow (151M), providing more financial flexibility.

Bottom Line

SKT scores higher overall (61/100 vs 58/100), backed by strong 20.2% margins and 11.5% revenue growth. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Brixmor Property

REAL ESTATE · REIT - RETAIL · USA

Brixmor (NYSE: BRX) is a real estate investment trust (REIT) that owns and operates a high-quality national portfolio of outdoor shopping centers.

Tanger Factory Outlet Centers Inc

REAL ESTATE · REIT - RETAIL · USA

Tanger Factory Outlet Centers, Inc. (NYSE: SKT) is a leading operator of luxury outdoor outlet shopping centers that owns or has an ownership interest in a portfolio of 38 centers.

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