69.79 USD
+0.24 (+0.35%)
69.79 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. REG scores excellent on profitability, but there are concerns on its financial health. While showing a medium growth rate, REG is valued expensive at the moment.
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.
In the past 5 years REG has always been profitable.
In the past 5 years REG always reported a positive cash flow from operatings.
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 67.72% of the companies in the same industry.
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.
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 3.06%.
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's Operating Margin of 37.49% is amongst the best of 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.
The number of shares outstanding for REG has been reduced compared to 1 year ago.
The number of shares outstanding for REG has been increased compared to 5 years ago.
The debt/assets ratio for REG is higher compared to a year ago.
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.
The Altman-Z score of REG (1.25) is better than 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.
The Debt to FCF ratio of REG (18.34) is better than 78.74% of its industry peers.
A Debt/Equity ratio of 0.72 indicates that REG is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.72, REG is in the better half of the industry, outperforming 78.74% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 18.34 | ||
| Altman-Z | 1.25 |
ROIC/WACC0.5
WACC7.32%
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 60.63% 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 68.50% 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.
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.
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
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
REG is valuated quite expensively with a Price/Earnings ratio of 31.87.
61.42% of the companies in the same industry are more expensive than REG, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.84. REG is around the same levels.
A Price/Forward Earnings ratio of 28.24 indicates a quite expensive valuation of REG.
Based on the Price/Forward Earnings ratio, REG is valued a bit cheaper than the industry average as 79.53% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of REG to the average of the S&P500 Index (23.40), we can say REG is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.87 | ||
| Fwd PE | 28.24 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, REG is valued a bit more expensive than the industry average as 77.95% of the companies are valued more cheaply.
Based on the Price/Free Cash Flow ratio, REG is valued a bit cheaper than 64.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 47.61 | ||
| EV/EBITDA | 18.11 |
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)3.91
PEG (5Y)3.89
EPS Next 2Y7.97%
EPS Next 3Y7.38%
5. Dividend
5.1 Amount
REG has a Yearly Dividend Yield of 4.34%, which is a nice return.
Compared to an average industry Dividend Yield of 6.43, REG is paying slightly less dividend.
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 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%
69.79
+0.24 (+0.35%)
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 Cap12.76B
Revenue(TTM)1.52B
Net Income(TTM)397.81M
Analysts78.4
Price Target80.47 (15.3%)
Short Float %2.96%
Short Ratio4.93
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-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)-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 | 31.87 | ||
| Fwd PE | 28.24 | ||
| P/S | 8.39 | ||
| P/FCF | 47.61 | ||
| P/OCF | 15.66 | ||
| P/B | 1.88 | ||
| P/tB | 2 | ||
| EV/EBITDA | 18.11 |
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
WACC7.32%
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 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.
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.