REGENCY CENTERS CORP (REG) Stock Fundamental Analysis
USA - NASDAQ:REG - US7588491032 - REIT
68.95 USD
-0.44 (-0.63%)
68.95 USD
0 (0%)
REG gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 127 industry peers in the Diversified REITs industry. REG scores excellent on profitability, but there are concerns on its financial health. REG is quite expensive at the moment. It does show a decent growth rate. 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.
Each year in the past 5 years REG had a positive operating cash flow.
1.2 Ratios
REG has a better Return On Assets (3.06%) than 73.23% of its industry peers.
REG has a Return On Equity of 5.84%. This is in the better half of the industry: REG outperforms 69.29% of its industry peers.
The Return On Invested Capital of REG (3.62%) is better than 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
With a decent Profit Margin value of 26.09%, REG is doing good in the industry, outperforming 77.95% of the companies in the same industry.
In the last couple of years the Profit Margin of REG has grown nicely.
REG's Operating Margin of 36.90% is fine compared to the rest of the industry. REG outperforms 76.38% of its industry peers.
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.
REG has less shares outstanding than it did 1 year ago.
REG has more shares outstanding than it did 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 1.26, we must say that REG is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of REG (1.26) is better than 85.04% 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.
REG has a better Debt to FCF ratio (16.25) than 80.31% of its industry peers.
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 | 1.26 |
ROIC/WACC0.5
WACC7.28%
2.3 Liquidity
A Current Ratio of 0.68 indicates that REG may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.68, REG is doing worse than 67.72% of the companies in the same industry.
A Quick Ratio of 0.66 indicates that REG may have some problems paying its short term obligations.
The Quick ratio of REG (0.66) is worse than 70.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.68 | ||
| Quick Ratio | 0.66 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 29.58% over the past year.
Measured over the past years, REG shows a quite strong growth in Earnings Per Share. The EPS has been growing by 8.19% on average per year.
REG shows a small growth in Revenue. In the last year, the Revenue has grown by 5.61%.
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)29.58%
EPS 3Y0.16%
EPS 5Y8.19%
EPS Q2Q%112.96%
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 9.00% yearly.
The Revenue is expected to grow by 4.32% on average over the next years.
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
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.
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
With a Price/Earnings ratio of 24.98, REG is valued on the expensive side.
Compared to the rest of the industry, the Price/Earnings ratio of REG indicates a somewhat cheap valuation: REG is cheaper than 66.93% of the companies listed in the same industry.
REG is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.11, which is the current average of the S&P500 Index.
REG is valuated quite expensively with a Price/Forward Earnings ratio of 28.36.
Based on the Price/Forward Earnings ratio, REG is valued a bit cheaper than the industry average as 77.95% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of REG to the average of the S&P500 Index (22.55), we can say REG is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.98 | ||
| Fwd PE | 28.36 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, REG is valued more expensive than 81.89% of the companies in the same industry.
67.72% 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 | 42.38 | ||
| EV/EBITDA | 18.18 |
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)3.22
PEG (5Y)3.05
EPS Next 2Y7.09%
EPS Next 3Y6.97%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.35%, REG is a good candidate for dividend investing.
REG's Dividend Yield is comparable with the industry average which is at 6.42.
Compared to an average S&P500 Dividend Yield of 2.37, REG pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.35% |
5.2 History
The dividend of REG has a limited annual growth rate of 3.44%.
REG has paid a dividend for at least 10 years, which is 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 131.40% of its income as dividend. This is not a sustainable payout ratio.
The dividend of REG is growing, but earnings are growing more, so the dividend growth is sustainable.
DP131.4%
EPS Next 2Y7.09%
EPS Next 3Y6.97%
68.95
-0.44 (-0.63%)
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 Change0.87%
Ins Owners0.73%
Ins Owner Change0.39%
Market Cap12.52B
Revenue(TTM)1.52B
Net Income(TTM)389.90M
Analysts77.6
Price Target81.26 (17.85%)
Short Float %2.86%
Short Ratio4.9
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.35% |
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)0.28%
PT rev (3m)1.06%
EPS NQ rev (1m)0.18%
EPS NQ rev (3m)-0.36%
EPS NY rev (1m)-0.47%
EPS NY rev (3m)-0.32%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.16%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.79%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.98 | ||
| Fwd PE | 28.36 | ||
| P/S | 8.38 | ||
| P/FCF | 42.38 | ||
| P/OCF | 15.19 | ||
| P/B | 1.87 | ||
| P/tB | 1.99 | ||
| EV/EBITDA | 18.18 |
EPS(TTM)2.76
EY4%
EPS(NY)2.43
Fwd EY3.53%
FCF(TTM)1.63
FCFY2.36%
OCF(TTM)4.54
OCFY6.58%
SpS8.23
BVpS36.78
TBVpS34.66
PEG (NY)3.22
PEG (5Y)3.05
Graham Number47.79
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 | 1.26 |
F-Score7
WACC7.28%
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)29.58%
EPS 3Y0.16%
EPS 5Y8.19%
EPS Q2Q%112.96%
EPS Next Y7.77%
EPS Next 2Y7.09%
EPS Next 3Y6.97%
EPS Next 5Y9%
Revenue 1Y (TTM)5.61%
Revenue growth 3Y7.63%
Revenue growth 5Y5.11%
Sales Q2Q%7.58%
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.