REGENCY CENTERS CORP - REG 5 7/8 PERP (REGCO) Stock Fundamental Analysis
NASDAQ:REGCO - Nasdaq - US7588498714 - Currency: USD
We assign a fundamental rating of 5 out of 10 to REGCO. REGCO was compared to 130 industry peers in the Diversified REITs industry. REGCO has an excellent profitability rating, but there are concerns on its financial health. REGCO may be a bit undervalued, certainly considering the very reasonable score on growth
1. Profitability
1.1 Basic Checks
In the past year REGCO was profitable.
In the past year REGCO had a positive cash flow from operations.
REGCO had positive earnings in each of the past 5 years.
Each year in the past 5 years REGCO had a positive operating cash flow.
1.2 Ratios
REGCO has a better Return On Assets (3.12%) than 77.69% of its industry peers.
REGCO's Return On Equity of 5.75% is fine compared to the rest of the industry. REGCO outperforms 76.92% of its industry peers.
REGCO has a Return On Invested Capital of 3.48%. This is in the better half of the industry: REGCO outperforms 66.92% of its industry peers.
REGCO had an Average Return On Invested Capital over the past 3 years of 3.42%. This is in line with the industry average of 3.20%.
The 3 year average ROIC (3.42%) for REGCO is below the current ROIC(3.48%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.12% | ||
| ROE | 5.75% | ||
| ROIC | 3.48% |
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
The Profit Margin of REGCO (26.60%) is better than 82.31% of its industry peers.
In the last couple of years the Profit Margin of REGCO has grown nicely.
REGCO has a better Operating Margin (35.34%) than 76.15% of its industry peers.
REGCO's Operating Margin has improved in the last couple of years.
REGCO has a better Gross Margin (70.21%) than 63.08% of its industry peers.
REGCO's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 35.34% | ||
| PM (TTM) | 26.6% | ||
| GM | 70.21% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), REGCO is destroying value.
REGCO has less shares outstanding than it did 1 year ago.
The number of shares outstanding for REGCO has been increased compared to 5 years ago.
REGCO has a worse debt/assets ratio than last year.
2.2 Solvency
REGCO has an Altman-Z score of 0.42. This is a bad value and indicates that REGCO is not financially healthy and even has some risk of bankruptcy.
REGCO has a Altman-Z score of 0.42. This is comparable to the rest of the industry: REGCO outperforms 45.38% of its industry peers.
The Debt to FCF ratio of REGCO is 12.24, which is on the high side as it means it would take REGCO, 12.24 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 12.24, REGCO belongs to the top of the industry, outperforming 89.23% of the companies in the same industry.
A Debt/Equity ratio of 0.66 indicates that REGCO is somewhat dependend on debt financing.
REGCO's Debt to Equity ratio of 0.66 is amongst the best of the industry. REGCO outperforms 80.77% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.66 | ||
| Debt/FCF | 12.24 | ||
| Altman-Z | 0.42 |
ROIC/WACC0.53
WACC6.62%
2.3 Liquidity
A Current Ratio of 0.49 indicates that REGCO may have some problems paying its short term obligations.
With a Current ratio value of 0.49, REGCO is not doing good in the industry: 76.92% of the companies in the same industry are doing better.
REGCO has a Quick Ratio of 0.49. This is a bad value and indicates that REGCO is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of REGCO (0.49) is worse than 76.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.49 | ||
| Quick Ratio | 0.49 |
3. Growth
3.1 Past
REGCO shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 3.41%.
Measured over the past years, REGCO shows a quite strong growth in Earnings Per Share. The EPS has been growing by 8.19% on average per year.
The Revenue has grown by 9.94% in the past year. This is quite good.
The Revenue has been growing slightly by 5.11% on average over the past years.
EPS 1Y (TTM)3.41%
EPS 3Y0.16%
EPS 5Y8.19%
EPS Q2Q%-2.13%
Revenue 1Y (TTM)9.94%
Revenue growth 3Y7.63%
Revenue growth 5Y5.11%
Sales Q2Q%3.6%
3.2 Future
Based on estimates for the next years, REGCO will show a small growth in Earnings Per Share. The EPS will grow by 7.94% on average per year.
The Revenue is expected to grow by 3.71% on average over the next years.
EPS Next Y5.8%
EPS Next 2Y6.95%
EPS Next 3Y8.26%
EPS Next 5Y7.94%
Revenue Next Year6.73%
Revenue Next 2Y5.46%
Revenue Next 3Y5.43%
Revenue Next 5Y3.71%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 10.46, the valuation of REGCO can be described as very reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of REGCO indicates a rather cheap valuation: REGCO is cheaper than 93.08% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 28.29. REGCO is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 9.88, the valuation of REGCO can be described as very reasonable.
100.00% of the companies in the same industry are more expensive than REGCO, based on the Price/Forward Earnings ratio.
REGCO's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 21.08.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.46 | ||
| Fwd PE | 9.88 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of REGCO indicates a rather cheap valuation: REGCO is cheaper than 86.92% of the companies listed in the same industry.
84.62% of the companies in the same industry are more expensive than REGCO, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.18 | ||
| EV/EBITDA | 9.21 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
REGCO has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)1.8
PEG (5Y)1.28
EPS Next 2Y6.95%
EPS Next 3Y8.26%
5. Dividend
5.1 Amount
REGCO has a Yearly Dividend Yield of 3.94%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 28.61, REGCO is paying slightly less dividend.
REGCO's Dividend Yield is rather good when compared to the S&P500 average which is at 2.52.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.94% |
5.2 History
The dividend of REGCO has a limited annual growth rate of 3.44%.
REGCO has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)3.44%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
130.32% of the earnings are spent on dividend by REGCO. This is not a sustainable payout ratio.
REGCO's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP130.32%
EPS Next 2Y6.95%
EPS Next 3Y8.26%
REGENCY CENTERS CORP - REG 5 7/8 PERP
NASDAQ:REGCO (4/17/2025, 8:00:02 PM)
22.17
-0.18 (-0.81%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners104.57%
Inst Owner ChangeN/A
Ins Owners0.78%
Ins Owner ChangeN/A
Market Cap4.02B
Analysts80
Price Target24.21 (9.2%)
Short Float %0.01%
Short Ratio1.97
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.94% |
Yearly Dividend2.76
Dividend Growth(5Y)3.44%
DP130.32%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)5.36%
Min EPS beat(2)-5.51%
Max EPS beat(2)16.23%
EPS beat(4)3
Avg EPS beat(4)12.14%
Min EPS beat(4)-5.51%
Max EPS beat(4)21.15%
EPS beat(8)6
Avg EPS beat(8)7.35%
EPS beat(12)10
Avg EPS beat(12)23.64%
EPS beat(16)13
Avg EPS beat(16)35.23%
Revenue beat(2)2
Avg Revenue beat(2)3.94%
Min Revenue beat(2)0.55%
Max Revenue beat(2)7.33%
Revenue beat(4)4
Avg Revenue beat(4)2.25%
Min Revenue beat(4)0.25%
Max Revenue beat(4)7.33%
Revenue beat(8)8
Avg Revenue beat(8)1.95%
Revenue beat(12)12
Avg Revenue beat(12)2.63%
Revenue beat(16)16
Avg Revenue beat(16)3.97%
PT rev (1m)1.05%
PT rev (3m)-0.88%
EPS NQ rev (1m)1.64%
EPS NQ rev (3m)7.12%
EPS NY rev (1m)3.78%
EPS NY rev (3m)5.98%
Revenue NQ rev (1m)0.04%
Revenue NQ rev (3m)-0.47%
Revenue NY rev (1m)0.2%
Revenue NY rev (3m)0.79%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.46 | ||
| Fwd PE | 9.88 | ||
| P/S | 2.77 | ||
| P/FCF | 11.18 | ||
| P/OCF | 5.09 | ||
| P/B | 0.6 | ||
| P/tB | 0.64 | ||
| EV/EBITDA | 9.21 |
EPS(TTM)2.12
EY9.56%
EPS(NY)2.24
Fwd EY10.12%
FCF(TTM)1.98
FCFY8.95%
OCF(TTM)4.35
OCFY19.63%
SpS8.01
BVpS37.04
TBVpS34.86
PEG (NY)1.8
PEG (5Y)1.28
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.12% | ||
| ROE | 5.75% | ||
| ROCE | 4.4% | ||
| ROIC | 3.48% | ||
| ROICexc | 3.5% | ||
| ROICexgc | 3.62% | ||
| OM | 35.34% | ||
| PM (TTM) | 26.6% | ||
| GM | 70.21% | ||
| FCFM | 24.77% |
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%
ROICexcg growth 3Y-0.47%
ROICexcg 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-Score7
Asset Turnover0.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.66 | ||
| Debt/FCF | 12.24 | ||
| Debt/EBITDA | 4.85 | ||
| Cap/Depr | 108.97% | ||
| Cap/Sales | 29.58% | ||
| Interest Coverage | 3.18 | ||
| Cash Conversion | 86.98% | ||
| Profit Quality | 93.11% | ||
| Current Ratio | 0.49 | ||
| Quick Ratio | 0.49 | ||
| Altman-Z | 0.42 |
F-Score7
WACC6.62%
ROIC/WACC0.53
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)3.41%
EPS 3Y0.16%
EPS 5Y8.19%
EPS Q2Q%-2.13%
EPS Next Y5.8%
EPS Next 2Y6.95%
EPS Next 3Y8.26%
EPS Next 5Y7.94%
Revenue 1Y (TTM)9.94%
Revenue growth 3Y7.63%
Revenue growth 5Y5.11%
Sales Q2Q%3.6%
Revenue Next Year6.73%
Revenue Next 2Y5.46%
Revenue Next 3Y5.43%
Revenue Next 5Y3.71%
EBIT growth 1Y9.75%
EBIT growth 3Y4.35%
EBIT growth 5Y6.79%
EBIT Next Year79.88%
EBIT Next 3Y24.81%
EBIT Next 5Y16.41%
FCF growth 1Y-15.91%
FCF growth 3Y75.84%
FCF growth 5Y22.26%
OCF growth 1Y9.81%
OCF growth 3Y6.22%
OCF growth 5Y4.93%