Public Storage (PSA)vsTanger Factory Outlet Centers Inc (SKT)
PSA
Public Storage
$328.40
+0.43%
REAL ESTATE · Cap: $60.97B
SKT
Tanger Factory Outlet Centers Inc
$39.31
-0.03%
REAL ESTATE · Cap: $4.86B
Smart Verdict
WallStSmart Research — data-driven comparison
Public Storage generates 703% more annual revenue ($4.91B vs $611.24M). PSA leads profitability with a 41.6% profit margin vs 20.3%. SKT appears more attractively valued with a PEG of 4.14. SKT earns a higher WallStSmart Score of 65/100 (B-).
PSA
Buy62
out of 100
Grade: C+
SKT
Strong Buy65
out of 100
Grade: B-
Intrinsic Value Comparison
Multi-model valuation · Graham Formula
Margin of Safety
-8.4%
Fair Value
$271.16
Current Price
$328.40
$57.24 premium
Margin of Safety
+35.1%
Fair Value
$52.18
Current Price
$39.31
$12.87 discount
Key Strengths & Concerns
Side-by-side fundamental analysis
Key Strengths
Keeps 42 of every $100 in revenue as profit
Strong operational efficiency at 45.7%
Large-cap with strong market position
Every $100 of equity generates 21 in profit
Earnings expanding 45.1% YoY
Strong operational efficiency at 30.3%
Keeps 20 of every $100 in revenue as profit
Earnings expanding 42.0% YoY
Areas to Watch
Premium valuation, high expectations priced in
Trading at 11.9x book value
3.3% revenue growth
Elevated debt levels
Premium valuation, high expectations priced in
Weak financial health signals
Expensive relative to growth rate
Distress zone — elevated risk
Comparative Analysis Report
WallStSmart ResearchBull Case : PSA
The strongest argument for PSA centers on Profit Margin, Operating Margin, Market Cap. Profitability is solid with margins at 41.6% and operating margin at 45.7%.
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 : PSA
The primary concerns for PSA are P/E Ratio, Price/Book, Revenue Growth.
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
PSA profiles as a value stock while SKT is a mature play — different risk/reward profiles.
SKT carries more volatility with a beta of 1.07 — expect wider price swings.
SKT is growing revenue faster at 11.7% — sustainability is the question.
PSA generates stronger free cash flow (625M), 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.
Public Storage
REAL ESTATE · REIT - INDUSTRIAL · USA
Public Storage is an American international self storage company headquartered in Glendale, California, that is run as a real estate investment trust (REIT).
Visit Website →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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