REGENCY CENTERS CORP (REG) Stock Fundamental Analysis
USA - NASDAQ:REG - US7588491032 - REIT
69.13 USD
-0.46 (-0.66%)
69.52 USD
+0.39 (+0.56%)
Overall REG gets a fundamental rating of 5 out of 10. We evaluated REG against 128 industry peers in the Diversified REITs industry. While REG has a great profitability rating, there are quite some concerns on its financial health. While showing a medium growth rate, REG is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
REG had positive earnings in the past year.
REG had a positive operating cash flow in the past year.
In the past 5 years REG has always been profitable.
REG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 3.05%, REG is doing good in the industry, outperforming 75.00% of the companies in the same industry.
REG's Return On Equity of 5.85% is fine compared to the rest of the industry. REG outperforms 71.09% of its industry peers.
The Return On Invested Capital of REG (3.65%) is better than 71.09% of its industry peers.
The Average Return On Invested Capital over the past 3 years for REG is in line with the industry average of 3.04%.
The 3 year average ROIC (3.42%) for REG is below the current ROIC(3.65%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.05% | ||
| ROE | 5.85% | ||
| ROIC | 3.65% |
ROA(3y)3.49%
ROA(5y)2.84%
ROE(3y)6.26%
ROE(5y)5.1%
ROIC(3y)3.42%
ROIC(5y)3.16%
1.3 Margins
REG has a Profit Margin of 26.14%. This is in the better half of the industry: REG outperforms 78.13% of its industry peers.
REG's Profit Margin has improved in the last couple of years.
REG's Operating Margin of 37.49% is amongst the best of the industry. REG outperforms 80.47% of its industry peers.
In the last couple of years the Operating Margin of REG has grown nicely.
The Gross Margin of REG (70.44%) is better than 60.94% of its industry peers.
In the last couple of years the Gross Margin of REG has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 37.49% | ||
| PM (TTM) | 26.14% | ||
| GM | 70.44% |
OM growth 3Y-3.04%
OM growth 5Y1.59%
PM growth 3Y-4.97%
PM growth 5Y4.71%
GM growth 3Y-0.83%
GM growth 5Y-0.77%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), REG is destroying value.
Compared to 1 year ago, REG has less shares outstanding
Compared to 5 years ago, REG has more shares outstanding
The debt/assets ratio for REG is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.23, we must say that REG is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of REG (1.23) is better than 84.38% of its industry peers.
REG has a debt to FCF ratio of 18.34. This is a negative value and a sign of low solvency as REG would need 18.34 years to pay back of all of its debts.
The Debt to FCF ratio of REG (18.34) is better than 78.91% of its industry peers.
REG has a Debt/Equity ratio of 0.72. This is a neutral value indicating REG is somewhat dependend on debt financing.
REG's Debt to Equity ratio of 0.72 is fine compared to the rest of the industry. REG outperforms 78.13% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 18.34 | ||
| Altman-Z | 1.23 |
ROIC/WACC0.5
WACC7.3%
2.3 Liquidity
A Current Ratio of 0.77 indicates that REG may have some problems paying its short term obligations.
REG has a worse Current ratio (0.77) than 62.50% of its industry peers.
A Quick Ratio of 0.70 indicates that REG may have some problems paying its short term obligations.
REG has a worse Quick ratio (0.70) than 67.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.77 | ||
| Quick Ratio | 0.7 |
3. Growth
3.1 Past
REG shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 2.82%.
Measured over the past years, REG shows a quite strong growth in Earnings Per Share. The EPS has been growing by 8.19% on average per year.
REG shows a small growth in Revenue. In the last year, the Revenue has grown by 5.61%.
The Revenue has been growing slightly by 5.11% on average over the past years.
EPS 1Y (TTM)2.82%
EPS 3Y0.16%
EPS 5Y8.19%
EPS Q2Q%7.41%
Revenue 1Y (TTM)5.61%
Revenue growth 3Y7.63%
Revenue growth 5Y5.11%
Sales Q2Q%7.58%
3.2 Future
The Earnings Per Share is expected to grow by 9.00% on average over the next years. This is quite good.
Based on estimates for the next years, REG will show a small growth in Revenue. The Revenue will grow by 4.32% on average per year.
EPS Next Y7.77%
EPS Next 2Y7.41%
EPS Next 3Y7.21%
EPS Next 5Y9%
Revenue Next Year8.13%
Revenue Next 2Y6.12%
Revenue Next 3Y5.83%
Revenue Next 5Y4.32%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 31.57, REG can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of REG indicates a somewhat cheap valuation: REG is cheaper than 67.19% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 25.56. REG is valued slightly more expensive when compared to this.
Based on the Price/Forward Earnings ratio of 28.26, the valuation of REG can be described as expensive.
78.13% of the companies in the same industry are more expensive than REG, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.62, REG is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.57 | ||
| Fwd PE | 28.26 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, REG is valued a bit more expensive than 77.34% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, REG is valued a bit cheaper than 65.63% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 46.82 | ||
| EV/EBITDA | 17.89 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
REG has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)4.07
PEG (5Y)3.85
EPS Next 2Y7.41%
EPS Next 3Y7.21%
5. Dividend
5.1 Amount
REG has a Yearly Dividend Yield of 4.33%, which is a nice return.
REG's Dividend Yield is slightly below the industry average, which is at 6.49.
REG's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.33% |
5.2 History
The dividend of REG has a limited annual growth rate of 3.44%.
REG has been paying a dividend for at least 10 years, so it has a reliable track record.
REG has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)3.44%
Div Incr Years11
Div Non Decr Years14
5.3 Sustainability
REG pays out 130.28% of its income as dividend. This is not a sustainable payout ratio.
REG's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP130.28%
EPS Next 2Y7.41%
EPS Next 3Y7.21%
69.13
-0.46 (-0.66%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners104.37%
Inst Owner Change2.53%
Ins Owners0.73%
Ins Owner Change-1.1%
Market Cap12.55B
Revenue(TTM)1.52B
Net Income(TTM)397.81M
Analysts77.6
Price Target81.26 (17.55%)
Short Float %2.74%
Short Ratio4.5
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.33% |
Yearly Dividend2.76
Dividend Growth(5Y)3.44%
DP130.28%
Div Incr Years11
Div Non Decr Years14
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)2.67%
Min EPS beat(2)2.55%
Max EPS beat(2)2.8%
EPS beat(4)3
Avg EPS beat(4)0.69%
Min EPS beat(4)-5.51%
Max EPS beat(4)2.91%
EPS beat(8)6
Avg EPS beat(8)6.17%
EPS beat(12)10
Avg EPS beat(12)7.3%
EPS beat(16)13
Avg EPS beat(16)17.23%
Revenue beat(2)2
Avg Revenue beat(2)1.3%
Min Revenue beat(2)1.01%
Max Revenue beat(2)1.59%
Revenue beat(4)4
Avg Revenue beat(4)2.83%
Min Revenue beat(4)1.01%
Max Revenue beat(4)7.33%
Revenue beat(8)8
Avg Revenue beat(8)2.04%
Revenue beat(12)12
Avg Revenue beat(12)2.02%
Revenue beat(16)16
Avg Revenue beat(16)2.42%
PT rev (1m)0.35%
PT rev (3m)0.99%
EPS NQ rev (1m)1.39%
EPS NQ rev (3m)0.34%
EPS NY rev (1m)-0.47%
EPS NY rev (3m)-0.32%
Revenue NQ rev (1m)0.5%
Revenue NQ rev (3m)1.3%
Revenue NY rev (1m)0.26%
Revenue NY rev (3m)1.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.57 | ||
| Fwd PE | 28.26 | ||
| P/S | 8.25 | ||
| P/FCF | 46.82 | ||
| P/OCF | 15.4 | ||
| P/B | 1.85 | ||
| P/tB | 1.97 | ||
| EV/EBITDA | 17.89 |
EPS(TTM)2.19
EY3.17%
EPS(NY)2.45
Fwd EY3.54%
FCF(TTM)1.48
FCFY2.14%
OCF(TTM)4.49
OCFY6.49%
SpS8.38
BVpS37.44
TBVpS35.12
PEG (NY)4.07
PEG (5Y)3.85
Graham Number42.95
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.05% | ||
| ROE | 5.85% | ||
| ROCE | 4.62% | ||
| ROIC | 3.65% | ||
| ROICexc | 3.72% | ||
| ROICexgc | 3.85% | ||
| OM | 37.49% | ||
| PM (TTM) | 26.14% | ||
| GM | 70.44% | ||
| FCFM | 17.62% |
ROA(3y)3.49%
ROA(5y)2.84%
ROE(3y)6.26%
ROE(5y)5.1%
ROIC(3y)3.42%
ROIC(5y)3.16%
ROICexc(3y)3.44%
ROICexc(5y)3.2%
ROICexgc(3y)3.58%
ROICexgc(5y)3.32%
ROCE(3y)4.33%
ROCE(5y)4.01%
ROICexgc growth 3Y-0.47%
ROICexgc growth 5Y4.33%
ROICexc growth 3Y-0.39%
ROICexc growth 5Y4.71%
OM growth 3Y-3.04%
OM growth 5Y1.59%
PM growth 3Y-4.97%
PM growth 5Y4.71%
GM growth 3Y-0.83%
GM growth 5Y-0.77%
F-Score6
Asset Turnover0.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 18.34 | ||
| Debt/EBITDA | 5.09 | ||
| Cap/Depr | 138.73% | ||
| Cap/Sales | 35.95% | ||
| Interest Coverage | 3.19 | ||
| Cash Conversion | 84.48% | ||
| Profit Quality | 67.39% | ||
| Current Ratio | 0.77 | ||
| Quick Ratio | 0.7 | ||
| Altman-Z | 1.23 |
F-Score6
WACC7.3%
ROIC/WACC0.5
Cap/Depr(3y)105.74%
Cap/Depr(5y)116.95%
Cap/Sales(3y)28.13%
Cap/Sales(5y)31.96%
Profit Quality(3y)88.31%
Profit Quality(5y)168.01%
High Growth Momentum
Growth
EPS 1Y (TTM)2.82%
EPS 3Y0.16%
EPS 5Y8.19%
EPS Q2Q%7.41%
EPS Next Y7.77%
EPS Next 2Y7.41%
EPS Next 3Y7.21%
EPS Next 5Y9%
Revenue 1Y (TTM)5.61%
Revenue growth 3Y7.63%
Revenue growth 5Y5.11%
Sales Q2Q%7.58%
Revenue Next Year8.13%
Revenue Next 2Y6.12%
Revenue Next 3Y5.83%
Revenue Next 5Y4.32%
EBIT growth 1Y15.33%
EBIT growth 3Y4.35%
EBIT growth 5Y6.79%
EBIT Next Year84.9%
EBIT Next 3Y26.32%
EBIT Next 5Y16.99%
FCF growth 1Y-33.37%
FCF growth 3Y75.84%
FCF growth 5Y22.26%
OCF growth 1Y20.71%
OCF growth 3Y6.22%
OCF growth 5Y4.93%
REGENCY CENTERS CORP / REG FAQ
What is the ChartMill fundamental rating of REGENCY CENTERS CORP (REG) stock?
ChartMill assigns a fundamental rating of 5 / 10 to REG.
Can you provide the valuation status for REGENCY CENTERS CORP?
ChartMill assigns a valuation rating of 3 / 10 to REGENCY CENTERS CORP (REG). This can be considered as Overvalued.
What is the profitability of REG stock?
REGENCY CENTERS CORP (REG) has a profitability rating of 8 / 10.
Can you provide the financial health for REG stock?
The financial health rating of REGENCY CENTERS CORP (REG) is 3 / 10.
Can you provide the expected EPS growth for REG stock?
The Earnings per Share (EPS) of REGENCY CENTERS CORP (REG) is expected to grow by 7.77% in the next year.