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 has an excellent profitability rating, but there are concerns on its financial health. REG has a decent growth rate and is not valued too expensively.
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.
Each year in the past 5 years REG has been profitable.
Each year in the past 5 years REG had a positive operating cash flow.
1.2 Ratios
REG has a Return On Assets of 3.05%. This is in the better half of the industry: REG outperforms 70.87% of its industry peers.
REG's Return On Equity of 5.85% is fine compared to the rest of the industry. REG outperforms 68.50% of its industry peers.
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.
The Average Return On Invested Capital over the past 3 years 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.
In the last couple of years the Profit Margin of REG has grown nicely.
Looking at the Operating Margin, with a value of 37.49%, REG belongs to the top of the industry, outperforming 80.31% of the companies in the same industry.
REG's Operating Margin has improved in the last couple of years.
REG's Gross Margin of 70.44% is fine compared to the rest 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
REG has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.25, we must say that REG is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.25, REG belongs to the top of the industry, outperforming 85.04% of the companies in the same industry.
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.
With a decent Debt to FCF ratio value of 18.34, REG is doing good in the industry, outperforming 78.74% of the companies in the same industry.
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 | 1.25 |
ROIC/WACC0.5
WACC7.35%
2.3 Liquidity
A Current Ratio of 0.77 indicates that REG may have some problems paying its short term obligations.
The Current ratio of REG (0.77) is comparable to the rest of the industry.
A Quick Ratio of 0.70 indicates that REG may have some problems paying its short term obligations.
The Quick ratio of REG (0.70) is worse than 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.
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.
The Revenue has been growing slightly by 5.61% in the past year.
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 9.04% on average over the next years. This is quite good.
The Revenue is expected to grow by 4.21% on average over the next years.
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
With a Price/Earnings ratio of 31.84, REG can be considered very expensive at the moment.
Based on the Price/Earnings ratio, REG is valued a bit cheaper than the industry average as 62.20% of the companies are valued more expensively.
REG is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.19, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 28.21, which means the current valuation is very expensive for REG.
79.53% of the companies in the same industry are more expensive than REG, based on the Price/Forward Earnings ratio.
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
REG's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. REG is more expensive than 77.17% of the companies in the same industry.
REG's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. REG is cheaper than 66.93% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 47.57 | ||
| EV/EBITDA | 18.1 |
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 4.28%, which is a nice return.
Compared to an average industry Dividend Yield of 6.85, REG is paying slightly less dividend.
REG's Dividend Yield is rather good when compared to the S&P500 average which is at 1.90.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.28% |
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
130.28% of the earnings are spent on dividend by REG. 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 2Y7.97%
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
Analysts76.8
Price Target80.47 (15.42%)
Short Float %2.91%
Short Ratio4.41
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.28% |
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)-0.73%
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 | 18.1 |
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 | 1.25 |
F-Score6
WACC7.35%
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.