69.72 USD
-0.9 (-1.27%)
69.72 USD
0 (0%)
Taking everything into account, REG scores 5 out of 10 in our fundamental rating. REG was compared to 127 industry peers in the Diversified REITs industry. REG scores excellent on profitability, but there are concerns on its financial health. REG has a decent growth rate and is not valued too expensively. REG also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year REG was profitable.
In the past year REG had a positive cash flow from operations.
REG had positive earnings in each of the past 5 years.
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 70.87% of the companies in the same industry.
With a decent Return On Equity value of 5.85%, REG is doing good in the industry, outperforming 68.50% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 3.65%, REG is in the better half of the industry, outperforming 70.08% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for REG is in line with the industry average of 3.06%.
The last Return On Invested Capital (3.65%) for REG is above the 3 year average (3.42%), which is a sign of increasing profitability.
| 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
With a decent Profit Margin value of 26.14%, REG is doing good in the industry, outperforming 74.80% of the companies in the same industry.
REG's Profit Margin has improved in the last couple of years.
REG has a Operating Margin of 37.49%. This is amongst the best in the industry. REG outperforms 80.31% of its industry peers.
REG's Operating Margin has improved in the last couple of years.
REG has a Gross Margin of 70.44%. This is in the better half of the industry: REG outperforms 60.63% of its industry peers.
REG's Gross Margin has been stable in the last couple of years.
| 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
REG has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it 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 1.26, we must say that REG is in the distress zone and has some risk of bankruptcy.
REG has a better Altman-Z score (1.26) than 85.83% of its industry peers.
The Debt to FCF ratio of REG is 18.34, which is on the high side as it means it would take REG, 18.34 years of fcf income to pay off all of its debts.
REG has a better Debt to FCF ratio (18.34) than 78.74% 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.
The Debt to Equity ratio of REG (0.72) is better than 78.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 18.34 | ||
| Altman-Z | 1.26 |
ROIC/WACC0.5
WACC7.36%
2.3 Liquidity
A Current Ratio of 0.77 indicates that REG may have some problems paying its short term obligations.
REG has a Current ratio (0.77) which is comparable to the rest of the industry.
REG has a Quick Ratio of 0.77. 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's Quick ratio of 0.70 is on the low side compared to the rest of the industry. REG is outperformed by 67.72% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.77 | ||
| Quick Ratio | 0.7 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 2.82% over the past year.
The Earnings Per Share has been growing by 8.19% on average over the past years. This is quite good.
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
The Earnings Per Share is expected to grow by 9.04% on average over the next years. This is quite good.
REG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.21% yearly.
EPS Next Y8.15%
EPS Next 2Y7.97%
EPS Next 3Y7.38%
EPS Next 5Y9.04%
Revenue Next Year8.7%
Revenue Next 2Y6.39%
Revenue Next 3Y5.89%
Revenue Next 5Y4.21%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
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
A Price/Earnings ratio of 31.84 indicates a quite expensive valuation of REG.
REG's Price/Earnings ratio is a bit cheaper when compared to the industry. REG is cheaper than 62.20% of the companies in the same industry.
REG's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.19.
Based on the Price/Forward Earnings ratio of 28.21, the valuation of REG can be described as expensive.
Based on the Price/Forward Earnings ratio, REG is valued a bit cheaper than 79.53% of the companies in the same industry.
REG is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 23.88, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.84 | ||
| Fwd PE | 28.21 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of REG indicates a slightly more expensive valuation: REG is more expensive than 77.17% of the companies listed in the same industry.
65.35% of the companies in the same industry are more expensive than REG, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 47.57 | ||
| EV/EBITDA | 18.27 |
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)3.91
PEG (5Y)3.89
EPS Next 2Y7.97%
EPS Next 3Y7.38%
5. Dividend
5.1 Amount
REG has a Yearly Dividend Yield of 6.63%, which is a nice return.
Compared to an average industry Dividend Yield of 6.83, REG pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 1.94, REG pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.63% |
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 their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)3.44%
Div Incr Years11
Div Non Decr Years14
5.3 Sustainability
130.28% of the earnings are spent on dividend by REG. This is not a sustainable payout ratio.
The dividend of REG is growing, but earnings are growing more, so the dividend growth is sustainable.
DP130.28%
EPS Next 2Y7.97%
EPS Next 3Y7.38%
69.72
-0.9 (-1.27%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners101.48%
Inst Owner Change0%
Ins Owners0.72%
Ins Owner Change-0.25%
Market Cap12.75B
Revenue(TTM)1.52B
Net Income(TTM)397.81M
Analysts78.4
Price Target80.47 (15.42%)
Short Float %2.91%
Short Ratio4.41
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.63% |
Yearly Dividend2.76
Dividend Growth(5Y)3.44%
DP130.28%
Div Incr Years11
Div Non Decr Years14
Ex-DateN/A
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)-1.06%
PT rev (3m)-0.62%
EPS NQ rev (1m)-0.12%
EPS NQ rev (3m)1.7%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.12%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.99%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.84 | ||
| Fwd PE | 28.21 | ||
| P/S | 8.38 | ||
| P/FCF | 47.57 | ||
| P/OCF | 15.64 | ||
| P/B | 1.88 | ||
| P/tB | 2 | ||
| EV/EBITDA | 18.27 |
EPS(TTM)2.19
EY3.14%
EPS(NY)2.47
Fwd EY3.54%
FCF(TTM)1.47
FCFY2.1%
OCF(TTM)4.46
OCFY6.39%
SpS8.32
BVpS37.16
TBVpS34.86
PEG (NY)3.91
PEG (5Y)3.89
Graham Number42.79
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 | 1.26 |
F-Score6
WACC7.36%
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 Y8.15%
EPS Next 2Y7.97%
EPS Next 3Y7.38%
EPS Next 5Y9.04%
Revenue 1Y (TTM)5.61%
Revenue growth 3Y7.63%
Revenue growth 5Y5.11%
Sales Q2Q%7.58%
Revenue Next Year8.7%
Revenue Next 2Y6.39%
Revenue Next 3Y5.89%
Revenue Next 5Y4.21%
EBIT growth 1Y15.33%
EBIT growth 3Y4.35%
EBIT growth 5Y6.79%
EBIT Next Year87.41%
EBIT Next 3Y27.03%
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.
What is the valuation status of REGENCY CENTERS CORP (REG) stock?
ChartMill assigns a valuation rating of 4 / 10 to REGENCY CENTERS CORP (REG). This can be considered as Fairly Valued.
What is the profitability of REG stock?
REGENCY CENTERS CORP (REG) has a profitability rating of 8 / 10.
What is the valuation of REGENCY CENTERS CORP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for REGENCY CENTERS CORP (REG) is 31.84 and the Price/Book (PB) ratio is 1.88.
What is the expected EPS growth for REGENCY CENTERS CORP (REG) stock?
The Earnings per Share (EPS) of REGENCY CENTERS CORP (REG) is expected to grow by 8.15% in the next year.