WallStSmart

Kimco Realty Corporation (KIM)vsTanger Factory Outlet Centers Inc (SKT)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Kimco Realty Corporation generates 254% more annual revenue ($2.16B vs $611.24M). KIM leads profitability with a 28.5% profit margin vs 20.3%. KIM appears more attractively valued with a PEG of 3.37. SKT earns a higher WallStSmart Score of 65/100 (B-).

KIM

Buy

62

out of 100

Grade: C+

Growth: 6.0Profit: 7.0Value: 4.7Quality: 5.5
Piotroski: 4/9Altman Z: 0.94

SKT

Strong Buy

65

out of 100

Grade: B-

Growth: 7.3Profit: 8.0Value: 5.3Quality: 2.5
Piotroski: 2/9Altman Z: 0.34
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

KIMUndervalued (+10.4%)

Margin of Safety

+10.4%

Fair Value

$24.54

Current Price

$24.69

$0.15 discount

UndervaluedFair: $24.54Overvalued
SKTUndervalued (+35.5%)

Margin of Safety

+35.5%

Fair Value

$52.44

Current Price

$40.02

$12.41 discount

UndervaluedFair: $52.44Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

KIM4 strengths · Avg: 8.8/10
Operating MarginProfitability
34.4%10/10

Strong operational efficiency at 34.4%

Profit MarginProfitability
28.5%9/10

Keeps 29 of every $100 in revenue as profit

Price/BookValuation
1.6x8/10

Reasonable price relative to book value

EPS GrowthGrowth
29.4%8/10

Earnings expanding 29.4% YoY

SKT3 strengths · Avg: 9.0/10
Operating MarginProfitability
30.3%10/10

Strong operational efficiency at 30.3%

Profit MarginProfitability
20.3%9/10

Keeps 20 of every $100 in revenue as profit

EPS GrowthGrowth
42.0%8/10

Earnings expanding 42.0% YoY

Areas to Watch

KIM4 concerns · Avg: 3.3/10
P/E RatioValuation
29.8x4/10

Moderate valuation

Revenue GrowthGrowth
4.0%4/10

4.0% revenue growth

Return on EquityProfitability
5.9%3/10

ROE of 5.9% — below average capital efficiency

PEG RatioValuation
3.372/10

Expensive relative to growth rate

SKT4 concerns · Avg: 2.8/10
P/E RatioValuation
38.2x4/10

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 : KIM

The strongest argument for KIM centers on Operating Margin, Profit Margin, Price/Book. Profitability is solid with margins at 28.5% and operating margin at 34.4%.

Bull Case : SKT

The strongest argument for SKT centers on Operating Margin, Profit Margin, EPS Growth. Profitability is solid with margins at 20.3% and operating margin at 30.3%. Revenue growth of 11.7% demonstrates continued momentum.

Bear Case : KIM

The primary concerns for KIM are P/E Ratio, Revenue Growth, Return on Equity.

Bear Case : SKT

The primary concerns for SKT are P/E Ratio, Piotroski F-Score, PEG Ratio. Debt-to-equity of 2.92 is elevated, increasing financial risk.

Key Dynamics to Monitor

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

SKT carries more volatility with a beta of 1.09 — expect wider price swings.

SKT is growing revenue faster at 11.7% — sustainability is the question.

KIM generates stronger free cash flow (180M), providing more financial flexibility.

Bottom Line

SKT scores higher overall (65/100 vs 62/100), backed by strong 20.3% margins and 11.7% revenue growth. Both earn "Strong 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.

Kimco Realty Corporation

REAL ESTATE · REIT - RETAIL · USA

Kimco Realty Corporation is a real estate investment trust (REIT) that invests in shopping centers.

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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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