69.03 USD
-0.56 (-0.81%)
69.03 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to REG. REG was compared to 127 industry peers in the Diversified REITs industry. While REG has a great profitability rating, there are quite some concerns on its financial health. REG is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
REG had positive earnings in the past year.
In the past year REG had a positive cash flow from operations.
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
Looking at the Return On Assets, with a value of 3.05%, REG is in the better half of the industry, outperforming 70.87% 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 68.50% of its industry peers.
With a decent Return On Invested Capital value of 3.65%, REG is doing good in 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 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's Profit Margin of 26.14% is fine compared to the rest of the industry. REG outperforms 74.80% of its industry peers.
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.
In the last couple of years the Operating Margin of REG has grown nicely.
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.
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
REG has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
REG has less shares outstanding than it did 1 year ago.
The number of shares outstanding for REG has been increased compared to 5 years ago.
REG has a worse debt/assets ratio than last year.
2.2 Solvency
REG has an Altman-Z score of 1.24. This is a bad value and indicates that REG is not financially healthy and even has some risk of bankruptcy.
REG has a Altman-Z score of 1.24. This is amongst the best in the industry. REG outperforms 85.04% 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.
REG has a better Debt to FCF ratio (18.34) than 78.74% of its industry peers.
A Debt/Equity ratio of 0.72 indicates that REG is somewhat dependend on debt financing.
REG has a Debt to Equity ratio of 0.72. This is in the better half of the industry: REG outperforms 78.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 18.34 | ||
| Altman-Z | 1.24 |
ROIC/WACC0.5
WACC7.31%
2.3 Liquidity
REG has a Current 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 has a Current ratio (0.77) which is in line with its industry peers.
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.
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.
REG shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 8.19% yearly.
The Revenue has been growing slightly by 5.61% in the past year.
Measured over the past years, REG shows a small growth in Revenue. The Revenue has been growing by 5.11% on average per year.
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.
Based on estimates for the next years, REG will show a small growth in Revenue. The Revenue will grow by 4.21% on average per year.
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
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
A Price/Earnings ratio of 31.52 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.
Compared to an average S&P500 Price/Earnings ratio of 26.51, REG is valued at the same level.
REG is valuated quite expensively with a Price/Forward Earnings ratio of 27.93.
Compared to the rest of the industry, the Price/Forward Earnings ratio of REG indicates a somewhat cheap valuation: REG is cheaper than 79.53% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.13, REG is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.52 | ||
| Fwd PE | 27.93 |
4.2 Price Multiples
77.17% of the companies in the same industry are cheaper than REG, based on the Enterprise Value to EBITDA ratio.
66.14% 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 | 47.1 | ||
| EV/EBITDA | 17.97 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The excellent profitability rating of REG may justify a higher PE ratio.
PEG (NY)3.87
PEG (5Y)3.85
EPS Next 2Y7.97%
EPS Next 3Y7.38%
5. Dividend
5.1 Amount
REG has a Yearly Dividend Yield of 4.34%, which is a nice return.
REG's Dividend Yield is slightly below the industry average, which is at 6.43.
REG's Dividend Yield is rather good when compared to the S&P500 average which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.34% |
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%
69.03
-0.56 (-0.81%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners101.54%
Inst Owner Change2.8%
Ins Owners0.72%
Ins Owner Change-0.25%
Market Cap12.63B
Revenue(TTM)1.52B
Net Income(TTM)397.81M
Analysts78.4
Price Target80.47 (16.57%)
Short Float %2.91%
Short Ratio4.41
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.34% |
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)-0.69%
EPS NQ rev (1m)-0.12%
EPS NQ rev (3m)1.82%
EPS NY rev (1m)0.35%
EPS NY rev (3m)-0.12%
Revenue NQ rev (1m)0.19%
Revenue NQ rev (3m)1.27%
Revenue NY rev (1m)0.52%
Revenue NY rev (3m)1.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.52 | ||
| Fwd PE | 27.93 | ||
| P/S | 8.3 | ||
| P/FCF | 47.1 | ||
| P/OCF | 15.49 | ||
| P/B | 1.86 | ||
| P/tB | 1.98 | ||
| EV/EBITDA | 17.97 |
EPS(TTM)2.19
EY3.17%
EPS(NY)2.47
Fwd EY3.58%
FCF(TTM)1.47
FCFY2.12%
OCF(TTM)4.46
OCFY6.46%
SpS8.32
BVpS37.16
TBVpS34.86
PEG (NY)3.87
PEG (5Y)3.85
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 | 1.24 |
F-Score6
WACC7.31%
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 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.
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 31.52 and the Price/Book (PB) ratio is 1.86.
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.