Company	Price	Valuation					Profitability					Cash & leverage					Quality				Rating
		P/E	P/B	P/S	EV / EBITDA	DCF upside	Gross margin	Operating margin	Net margin	ROE	ROIC	FCF yield	Debt / equity	Net debt / EBITDA	Interest coverage	Current ratio	Dividend yield	Piotroski (0-9)	Altman Z	Rating score (1-5)
SKTthis companyTanger Inc.	$39.03	33.04×	5.34×	6.48×	16.18×	27.0%	69.7%	30.2%	19.7%	16.2%	7.0%	7.8%	2.39×	4.97×	2.66×	0.3×	3.5%	5	1.39	3	B
BNLBroadstone Net Lease, Inc.	$17.69	34.06×	1.13×	7.12×	15.7×	41.1%	23.5%	49.7%	22.4%	3.5%	4.1%	8.3%	0.9×	6.93×	2.42×	288.34×	6.7%	5	0.71	3	B
MACThe Macerich Company	$24.99	-23.97×	1.93×	4.67×	24.29×	-88.3%	38.2%	16.5%	-19.4%	-8.1%	2.0%	6.8%	2.12×	12.66×	0.78×	0.09×	4.0%	5	0.21	1	C-
NHINational Health Investors, Inc.	$71.69	25.2×	2.35×	9.46×	16.75×	227.7%	36.7%	51.5%	37.6%	9.3%	7.0%	6.2%	0.76×	4.06×	3.4×	2.48×	4.7%	5	1.55	4	A-
PECOPhillips Edison & Co.	$40.67	39.52×	1.93×	6.03×	13.9×	191.4%	-1.4%	27.2%	15.2%	4.9%	3.9%	4.8%	1.09×	5.01×	1.8×	0.66×	3.6%	6	1.03	3	B+
PSAPublic Storage	$341.59	28.71×	4.92×	9.44×	17.09×	27.8%	25.0%	46.7%	37.0%	19.3%	11.5%	6.4%	1.11×	3.06×	7.4×	0.75×	5.1%	5	2.97	3	B+
Peer median	—	28.71×	1.93×	7.12×	16.75×	41.1%	25.0%	46.7%	22.4%	4.9%	4.1%	6.4%	1.09×	5.01×	2.42×	0.75×	4.7%	5	1.03	3	—