69.55 USD
+0.43 (+0.62%)
69.55 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to REG. REG was compared to 128 industry peers in the Diversified REITs industry. REG has an excellent profitability rating, but there are concerns on its financial health. REG is not valued too expensively and it also shows a decent growth rate. Finally REG also has an excellent dividend rating.
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.
In the past 5 years REG always reported a positive cash flow from operatings.
1.2 Ratios
REG's Return On Assets of 3.05% is fine compared to the rest of the industry. REG outperforms 71.09% of its industry peers.
REG has a better Return On Equity (5.85%) than 67.97% of its industry peers.
REG has a better Return On Invested Capital (3.65%) than 70.31% of its industry peers.
REG had an Average Return On Invested Capital over the past 3 years of 3.42%. This is in line with the industry average of 3.05%.
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
REG has a better Profit Margin (26.14%) than 75.00% of its industry peers.
REG's Profit Margin has improved in the last couple of years.
With an excellent Operating Margin value of 37.49%, REG belongs to the best of the industry, outperforming 80.47% of the companies in the same industry.
In the last couple of years the Operating Margin of REG has grown nicely.
REG has a better Gross Margin (70.44%) than 60.94% 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.
REG has less shares outstanding than it did 1 year ago.
REG has more shares outstanding than it did 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.
The Altman-Z score of REG (1.24) is better than 85.16% 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.
Looking at the Debt to FCF ratio, with a value of 18.34, REG is in the better half of the industry, outperforming 78.91% of the companies in the same industry.
A Debt/Equity ratio of 0.72 indicates that REG is somewhat dependend on debt financing.
With a decent Debt to Equity ratio value of 0.72, REG is doing good in the industry, outperforming 78.91% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 18.34 | ||
| Altman-Z | 1.24 |
ROIC/WACC0.5
WACC7.33%
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 of 0.77. This is in the lower half of the industry: REG underperforms 60.94% of 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.
REG's Quick ratio of 0.70 is on the low side compared to the rest of the industry. REG is outperformed by 68.75% 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.
Looking at the last year, REG shows a small growth in Revenue. The Revenue has grown by 5.61% in the last 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
REG is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.04% yearly.
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
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
A Price/Earnings ratio of 31.76 indicates a quite expensive valuation of REG.
Compared to the rest of the industry, the Price/Earnings ratio of REG indicates a somewhat cheap valuation: REG is cheaper than 61.72% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.59. REG is around the same levels.
Based on the Price/Forward Earnings ratio of 28.14, the valuation of REG can be described as expensive.
79.69% 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 24.03, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.76 | ||
| Fwd PE | 28.14 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, REG is valued a bit more expensive than the industry average as 78.13% of the companies are valued more cheaply.
Based on the Price/Free Cash Flow ratio, REG is valued a bit cheaper than the industry average as 64.84% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 47.45 | ||
| EV/EBITDA | 18.07 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates REG does not grow enough to justify the current Price/Earnings ratio.
The excellent profitability rating of REG may justify a higher PE ratio.
PEG (NY)3.9
PEG (5Y)3.88
EPS Next 2Y7.97%
EPS Next 3Y7.38%
5. Dividend
5.1 Amount
REG has a Yearly Dividend Yield of 4.46%, which is a nice return.
Compared to an average industry Dividend Yield of 6.33, REG has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 1.88, REG pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.46% |
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 2Y7.97%
EPS Next 3Y7.38%
69.55
+0.43 (+0.62%)
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 Cap12.72B
Revenue(TTM)1.52B
Net Income(TTM)397.81M
Analysts78.4
Price TargetN/A
Short Float %2.96%
Short Ratio4.93
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.46% |
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)-0.24%
PT rev (3m)0.04%
EPS NQ rev (1m)0.38%
EPS NQ rev (3m)1.94%
EPS NY rev (1m)0.35%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0.31%
Revenue NQ rev (3m)1.27%
Revenue NY rev (1m)0.52%
Revenue NY rev (3m)1.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.76 | ||
| Fwd PE | 28.14 | ||
| P/S | 8.36 | ||
| P/FCF | 47.45 | ||
| P/OCF | 15.61 | ||
| P/B | 1.87 | ||
| P/tB | 2 | ||
| EV/EBITDA | 18.07 |
EPS(TTM)2.19
EY3.15%
EPS(NY)2.47
Fwd EY3.55%
FCF(TTM)1.47
FCFY2.11%
OCF(TTM)4.46
OCFY6.41%
SpS8.32
BVpS37.16
TBVpS34.86
PEG (NY)3.9
PEG (5Y)3.88
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
WACC7.33%
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.
Can you provide the valuation status for REGENCY CENTERS CORP?
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.
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 8.15% in the next year.