SKT vs SLG

Tanger Inc. vs SL Green Realty Corp — Valuation Comparison 2026

By CirclFi Research Team · Updated 2026-06-01 · Data from SEC EDGAR, FRED & GDELT

Quick Summary — SLG scores higher on quality with 7.1/10 vs SKT's 2.6/10. SKT trades at $35.45 while SLG trades at $44.73. Both analyzed daily using SEC EDGAR data across 13 institutional models.

SKT

Real Estate Investment Trusts
Tanger Inc.
Quality
2.6
out of 10
Value Trap
Price
$35.45
Last close
Models
11/13
Active
VS

SLG

Real Estate Investment Trusts
SL Green Realty Corp
Quality
7.1
out of 10
Value Trap
12
SAFE
Price
$44.73
Last close
Models
12/13
Active
SKT
Markov DDM sees +100.0% upside
Quality 2.6/10 — below average
SLG
2 models active
Limited to 2/13 visible models

SKT vs SLG — Fair Value Comparison

SKT
$0$29$57$86 Price$35.45 Bayesian …$4.44 (-87.5%) Markov DDM$72.68 (+100.0%)
SLG
$0$18$35$53 Price$44.73 Bayesian …$1.69 (-96.1%) Earnings …$43.81 (-2.1%)
Market Price Model 1 Model 2

Model-by-Model Comparison

ModelType SKT Fair ValueSKT Upside SLG Fair ValueSLG Upside
Bayesian DCF Intrinsic $4.44 -87.5% $1.69 -96.1%
Earnings Power Value Intrinsic $43.81 -2.1%
EROIC Spread Intrinsic $•••.•• ••.•% $•••.•• ••.•%
First Chicago Scenario $•••.•• ••.•% $•••.•• ••.•%
Markov DDM Intrinsic $72.68 +100.0%
ML-RIV Intrinsic $•••.•• ••.•% $•••.•• ••.•%
Dynamic NAV Asset-Based $•••.•• ••.•% $•••.•• ••.•%
PWERM Option-Based $•••.•• ••.•% $•••.•• ••.•%
Regime Cross-Sectional Relative $•••.•• ••.•% $•••.•• ••.•%
Sentiment SOTP Hybrid $•••.•• ••.•% $•••.•• ••.•%
CUCE Ensemble Ensemble $•••.•• ••.•% $•••.•• ••.•%
FTNN Topology Relative $•••.•• ••.•% $•••.•• ••.•%
RCMH-DCF Intrinsic $•••.•• ••.•% $•••.•• ••.•%

SKT vs SLG — Which Stock Is More Undervalued in 2026?

SLG scores higher with a 7.1/10 quality rating vs SKT's 2.6/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

How Do SKT and SLG Valuations Compare?

At $35.45, SKT trades +87.5% above its Bayesian DCF fair value of $4.44, while SLG at $44.73 trades +96.1% above its estimate of $1.69. SLG shows a wider gap between price and intrinsic value.

Quality of Company: SKT vs SLG

SKT earns a Quality of Company score of 2.6/10 compared to SLG's 7.1/10. This is a significant quality gap — the higher-scoring company demonstrates materially stronger fundamentals across profitability, growth consistency, and balance sheet health. The QOC score synthesizes 32 signals spanning profitability margins, revenue growth, free cash flow, capital allocation, and leverage.

Value Trap Risk: SKT vs SLG

Review the value trap analysis for both SKT and SLG to assess whether apparent undervaluation reflects genuine opportunity or hidden fundamental risk.

Both in Real Estate Investment Trusts

Both SKT and SLG operate in Real Estate Investment Trusts, which has 186 stocks tracked by CirclFi. Same-industry comparisons provide the most direct insight into relative valuation since both companies face similar regulatory environments, market dynamics, and competitive pressures. Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN), and ensemble methods (CUCE).

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