REGENCY CENTERS CORP (REG) Stock Fundamental Analysis
USA - NASDAQ:REG - US7588491032 - REIT
71.54 USD
-1.64 (-2.24%)
71.54 USD
0 (0%)
Overall REG gets a fundamental rating of 5 out of 10. We evaluated REG against 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
In the past year REG was profitable.
REG had a positive operating cash flow in the past year.
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
With a decent Return On Assets value of 3.06%, REG is doing good in the industry, outperforming 74.02% of the companies in the same industry.
With a decent Return On Equity value of 5.84%, REG is doing good in the industry, outperforming 69.29% of the companies in the same industry.
REG's Return On Invested Capital of 3.62% is fine compared to the rest of the industry. REG outperforms 67.72% 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 3.04%.
The 3 year average ROIC (3.42%) for REG is below the current ROIC(3.62%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.06% | ||
| ROE | 5.84% | ||
| ROIC | 3.62% |
ROA(3y)3.49%
ROA(5y)2.84%
ROE(3y)6.26%
ROE(5y)5.1%
ROIC(3y)3.42%
ROIC(5y)3.16%
1.3 Margins
REG has a better Profit Margin (26.09%) than 78.74% of its industry peers.
REG's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 36.90%, REG is in the better half of the industry, outperforming 76.38% of the companies in the same industry.
In the last couple of years the Operating Margin of REG has grown nicely.
REG's Gross Margin of 70.32% is fine compared to the rest 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 | 36.9% | ||
| PM (TTM) | 26.09% | ||
| GM | 70.32% |
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.
Compared to 5 years ago, REG has more shares outstanding
REG has a worse debt/assets ratio than last year.
2.2 Solvency
REG has an Altman-Z score of 1.33. This is a bad value and indicates that REG is not financially healthy and even has some risk of bankruptcy.
REG has a better Altman-Z score (1.33) than 86.61% of its industry peers.
REG has a debt to FCF ratio of 16.25. This is a negative value and a sign of low solvency as REG would need 16.25 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 16.25, REG belongs to the top of the industry, outperforming 80.31% of the companies in the same industry.
A Debt/Equity ratio of 0.72 indicates that REG is somewhat dependend on debt financing.
REG's Debt to Equity ratio of 0.72 is fine compared to the rest of the industry. REG outperforms 78.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 16.25 | ||
| Altman-Z | 1.33 |
ROIC/WACC0.5
WACC7.24%
2.3 Liquidity
A Current Ratio of 0.68 indicates that REG may have some problems paying its short term obligations.
REG's Current ratio of 0.68 is on the low side compared to the rest of the industry. REG is outperformed by 67.72% of its industry peers.
A Quick Ratio of 0.66 indicates that REG may have some problems paying its short term obligations.
With a Quick ratio value of 0.66, REG is not doing good in the industry: 70.08% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.68 | ||
| Quick Ratio | 0.66 |
3. Growth
3.1 Past
REG shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 2.87%.
REG shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 8.19% yearly.
REG shows a small growth in Revenue. In the last year, the Revenue has grown by 5.90%.
The Revenue has been growing slightly by 5.11% on average over the past years.
EPS 1Y (TTM)2.87%
EPS 3Y0.16%
EPS 5Y8.19%
EPS Q2Q%5.56%
Revenue 1Y (TTM)5.9%
Revenue growth 3Y7.63%
Revenue growth 5Y5.11%
Sales Q2Q%6.61%
3.2 Future
The Earnings Per Share is expected to grow by 9.00% 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 4.32% on average per year.
EPS Next Y7.77%
EPS Next 2Y7.09%
EPS Next 3Y6.97%
EPS Next 5Y9%
Revenue Next Year7.85%
Revenue Next 2Y5.93%
Revenue Next 3Y5.83%
Revenue Next 5Y4.32%
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 33.27 indicates a quite expensive valuation of REG.
60.63% 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 26.83. REG is valued slightly more expensive when compared to this.
Based on the Price/Forward Earnings ratio of 29.42, the valuation of REG can be described as expensive.
Based on the Price/Forward Earnings ratio, REG is valued a bit cheaper than 77.17% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.88. REG is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.27 | ||
| Fwd PE | 29.42 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, REG is valued expensively inside the industry as 83.46% of the companies are valued cheaper.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of REG indicates a somewhat cheap valuation: REG is cheaper than 66.93% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 43.97 | ||
| EV/EBITDA | 18.99 |
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.
REG has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)4.29
PEG (5Y)4.06
EPS Next 2Y7.09%
EPS Next 3Y6.97%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.89%, REG has a reasonable but not impressive dividend return.
REG's Dividend Yield is slightly below the industry average, which is at 6.15.
Compared to an average S&P500 Dividend Yield of 2.30, REG pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.89% |
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
131.40% 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.
DP131.4%
EPS Next 2Y7.09%
EPS Next 3Y6.97%
71.54
-1.64 (-2.24%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners104.37%
Inst Owner Change0.09%
Ins Owners0.73%
Ins Owner Change0.39%
Market Cap12.99B
Revenue(TTM)1.49B
Net Income(TTM)389.90M
Analysts77.6
Price Target80.98 (13.2%)
Short Float %2.86%
Short Ratio4.9
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.89% |
Yearly Dividend2.76
Dividend Growth(5Y)3.44%
DP131.4%
Div Incr Years11
Div Non Decr Years14
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)2.86%
Min EPS beat(2)2.8%
Max EPS beat(2)2.91%
EPS beat(4)3
Avg EPS beat(4)4.11%
Min EPS beat(4)-5.51%
Max EPS beat(4)16.23%
EPS beat(8)6
Avg EPS beat(8)6.42%
EPS beat(12)10
Avg EPS beat(12)7.94%
EPS beat(16)13
Avg EPS beat(16)19.09%
Revenue beat(2)2
Avg Revenue beat(2)1.5%
Min Revenue beat(2)1.4%
Max Revenue beat(2)1.59%
Revenue beat(4)4
Avg Revenue beat(4)2.72%
Min Revenue beat(4)0.55%
Max Revenue beat(4)7.33%
Revenue beat(8)8
Avg Revenue beat(8)2.16%
Revenue beat(12)12
Avg Revenue beat(12)2.18%
Revenue beat(16)16
Avg Revenue beat(16)2.97%
PT rev (1m)-0.07%
PT rev (3m)0.7%
EPS NQ rev (1m)1%
EPS NQ rev (3m)-0.53%
EPS NY rev (1m)-0.47%
EPS NY rev (3m)-0.32%
Revenue NQ rev (1m)0.37%
Revenue NQ rev (3m)1.11%
Revenue NY rev (1m)0.33%
Revenue NY rev (3m)0.85%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.27 | ||
| Fwd PE | 29.42 | ||
| P/S | 8.69 | ||
| P/FCF | 43.97 | ||
| P/OCF | 15.76 | ||
| P/B | 1.94 | ||
| P/tB | 2.06 | ||
| EV/EBITDA | 18.99 |
EPS(TTM)2.15
EY3.01%
EPS(NY)2.43
Fwd EY3.4%
FCF(TTM)1.63
FCFY2.27%
OCF(TTM)4.54
OCFY6.34%
SpS8.23
BVpS36.78
TBVpS34.66
PEG (NY)4.29
PEG (5Y)4.06
Graham Number42.18
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.06% | ||
| ROE | 5.84% | ||
| ROCE | 4.59% | ||
| ROIC | 3.62% | ||
| ROICexc | 3.67% | ||
| ROICexgc | 3.8% | ||
| OM | 36.9% | ||
| PM (TTM) | 26.09% | ||
| GM | 70.32% | ||
| FCFM | 19.76% |
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-Score7
Asset Turnover0.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 16.25 | ||
| Debt/EBITDA | 5.08 | ||
| Cap/Depr | 134.71% | ||
| Cap/Sales | 35.37% | ||
| Interest Coverage | 3.17 | ||
| Cash Conversion | 87.29% | ||
| Profit Quality | 75.76% | ||
| Current Ratio | 0.68 | ||
| Quick Ratio | 0.66 | ||
| Altman-Z | 1.33 |
F-Score7
WACC7.24%
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)2.87%
EPS 3Y0.16%
EPS 5Y8.19%
EPS Q2Q%5.56%
EPS Next Y7.77%
EPS Next 2Y7.09%
EPS Next 3Y6.97%
EPS Next 5Y9%
Revenue 1Y (TTM)5.9%
Revenue growth 3Y7.63%
Revenue growth 5Y5.11%
Sales Q2Q%6.61%
Revenue Next Year7.85%
Revenue Next 2Y5.93%
Revenue Next 3Y5.83%
Revenue Next 5Y4.32%
EBIT growth 1Y12.64%
EBIT growth 3Y4.35%
EBIT growth 5Y6.79%
EBIT Next Year84.9%
EBIT Next 3Y26.32%
EBIT Next 5Y16.99%
FCF growth 1Y-27.78%
FCF growth 3Y75.84%
FCF growth 5Y22.26%
OCF growth 1Y24.34%
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 7 / 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 7.77% in the next year.