REGENCY CENTERS CORP (REG) Stock Fundamental Analysis
USA - NASDAQ:REG - US7588491032 - REIT
69.82 USD
-0.18 (-0.26%)
69.82 USD
0 (0%)
REG gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 128 industry peers in the Diversified REITs industry. While REG belongs to the best of the industry regarding profitability, there are concerns on its financial health. REG is valied quite expensively at the moment, while it does show a decent growth rate. Finally REG also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year REG was profitable.
REG had a positive operating cash flow in the past year.
REG had positive earnings in each of the past 5 years.
Each year in the past 5 years REG had a positive operating cash flow.
1.2 Ratios
REG has a Return On Assets of 3.06%. This is in the better half of the industry: REG outperforms 75.00% of its industry peers.
REG's Return On Equity of 5.84% is fine compared to the rest of the industry. REG outperforms 70.31% of its industry peers.
REG's Return On Invested Capital of 3.62% is fine compared to the rest of the industry. REG outperforms 67.97% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital 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(3.62%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.06% | ||
| ROE | 5.84% | ||
| ROIC | 3.62% |
ROA(3y)3.49%
ROA(5y)2.84%
ROE(3y)6.26%
ROE(5y)5.1%
ROIC(3y)3.42%
ROIC(5y)3.16%
1.3 Margins
Looking at the Profit Margin, with a value of 26.09%, REG is in the better half of the industry, outperforming 78.13% of the companies in the same industry.
REG's Profit Margin has improved in the last couple of years.
REG has a better Operating Margin (36.90%) than 79.69% of its industry peers.
REG's Operating Margin has improved in the last couple of years.
The Gross Margin of REG (70.32%) 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 | 36.9% | ||
| PM (TTM) | 26.09% | ||
| GM | 70.32% |
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.
The number of shares outstanding for REG has been reduced compared to 1 year ago.
REG has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, REG has a worse debt to assets ratio.
2.2 Solvency
REG has an Altman-Z score of 1.27. This is a bad value and indicates that REG is not financially healthy and even has some risk of bankruptcy.
REG has a better Altman-Z score (1.27) than 84.38% of its industry peers.
The Debt to FCF ratio of REG is 16.25, which is on the high side as it means it would take REG, 16.25 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of REG (16.25) is better than 80.47% 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 has a better Debt to Equity ratio (0.72) than 78.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 16.25 | ||
| Altman-Z | 1.27 |
ROIC/WACC0.5
WACC7.27%
2.3 Liquidity
A Current Ratio of 0.68 indicates that REG may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.68, REG is doing worse than 67.97% of the companies in the same industry.
REG has a Quick Ratio of 0.68. This is a bad value and indicates that REG is not financially healthy enough and could expect problems in meeting its short term obligations.
REG has a Quick ratio of 0.66. This is in the lower half of the industry: REG underperforms 72.66% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.68 | ||
| Quick Ratio | 0.66 |
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%.
REG shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 8.19% yearly.
REG shows a small growth in Revenue. In the last year, the Revenue has grown by 5.61%.
REG shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.11% yearly.
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
REG is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.00% yearly.
REG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.32% yearly.
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 31.88, REG can be considered very expensive at the moment.
67.19% of the companies in the same industry are more expensive than REG, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 25.91, REG is valued a bit more expensive.
A Price/Forward Earnings ratio of 28.54 indicates a quite expensive valuation of REG.
Based on the Price/Forward Earnings ratio, REG is valued a bit cheaper than 78.13% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of REG to the average of the S&P500 Index (34.57), we can say REG is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.88 | ||
| Fwd PE | 28.54 |
4.2 Price Multiples
REG's Enterprise Value to EBITDA ratio is rather expensive when compared to the industry. REG is more expensive than 80.47% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, REG is valued a bit cheaper than the industry average as 68.75% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 42.91 | ||
| EV/EBITDA | 18.35 |
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 a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)4.11
PEG (5Y)3.89
EPS Next 2Y7.41%
EPS Next 3Y7.21%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.39%, REG is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.30, REG has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.36, REG pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.39% |
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 131.40% 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.
DP131.4%
EPS Next 2Y7.41%
EPS Next 3Y7.21%
69.82
-0.18 (-0.26%)
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 Change0.34%
Ins Owners0.73%
Ins Owner Change0.09%
Market Cap12.68B
Revenue(TTM)1.52B
Net Income(TTM)389.90M
Analysts77.6
Price Target81.26 (16.38%)
Short Float %2.86%
Short Ratio4.9
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.39% |
Yearly Dividend2.76
Dividend Growth(5Y)3.44%
DP131.4%
Div Incr Years11
Div Non Decr Years14
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)2.86%
Min EPS beat(2)2.8%
Max EPS beat(2)2.91%
EPS beat(4)3
Avg EPS beat(4)4.11%
Min EPS beat(4)-5.51%
Max EPS beat(4)16.23%
EPS beat(8)6
Avg EPS beat(8)6.42%
EPS beat(12)10
Avg EPS beat(12)7.94%
EPS beat(16)13
Avg EPS beat(16)19.09%
Revenue beat(2)2
Avg Revenue beat(2)1.5%
Min Revenue beat(2)1.4%
Max Revenue beat(2)1.59%
Revenue beat(4)4
Avg Revenue beat(4)2.72%
Min Revenue beat(4)0.55%
Max Revenue beat(4)7.33%
Revenue beat(8)8
Avg Revenue beat(8)2.16%
Revenue beat(12)12
Avg Revenue beat(12)2.18%
Revenue beat(16)16
Avg Revenue beat(16)2.97%
PT rev (1m)0.35%
PT rev (3m)0.99%
EPS NQ rev (1m)0.18%
EPS NQ rev (3m)-0.36%
EPS NY rev (1m)-0.47%
EPS NY rev (3m)-0.32%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.16%
Revenue NY rev (1m)0.26%
Revenue NY rev (3m)1.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.88 | ||
| Fwd PE | 28.54 | ||
| P/S | 8.48 | ||
| P/FCF | 42.91 | ||
| P/OCF | 15.38 | ||
| P/B | 1.9 | ||
| P/tB | 2.01 | ||
| EV/EBITDA | 18.35 |
EPS(TTM)2.19
EY3.14%
EPS(NY)2.45
Fwd EY3.5%
FCF(TTM)1.63
FCFY2.33%
OCF(TTM)4.54
OCFY6.5%
SpS8.23
BVpS36.78
TBVpS34.66
PEG (NY)4.11
PEG (5Y)3.89
Graham Number42.57
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.06% | ||
| ROE | 5.84% | ||
| ROCE | 4.59% | ||
| ROIC | 3.62% | ||
| ROICexc | 3.67% | ||
| ROICexgc | 3.8% | ||
| OM | 36.9% | ||
| PM (TTM) | 26.09% | ||
| GM | 70.32% | ||
| FCFM | 19.76% |
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-Score7
Asset Turnover0.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 16.25 | ||
| Debt/EBITDA | 5.08 | ||
| Cap/Depr | 134.71% | ||
| Cap/Sales | 35.37% | ||
| Interest Coverage | 3.17 | ||
| Cash Conversion | 87.29% | ||
| Profit Quality | 75.76% | ||
| Current Ratio | 0.68 | ||
| Quick Ratio | 0.66 | ||
| Altman-Z | 1.27 |
F-Score7
WACC7.27%
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 1Y12.64%
EBIT growth 3Y4.35%
EBIT growth 5Y6.79%
EBIT Next Year84.9%
EBIT Next 3Y26.32%
EBIT Next 5Y16.99%
FCF growth 1Y-27.78%
FCF growth 3Y75.84%
FCF growth 5Y22.26%
OCF growth 1Y24.34%
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 7 / 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.