70.62 USD
+0.63 (+0.9%)
70.62 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. While REG belongs to the best of the industry regarding profitability, there are concerns on its financial health. REG is valied quite expensively at the moment, while 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.
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
Looking at the Return On Assets, with a value of 3.05%, REG is in the better half of the industry, outperforming 70.87% of the companies in the same industry.
REG's Return On Equity of 5.85% is fine compared to the rest of the industry. REG outperforms 68.50% of its industry peers.
REG's Return On Invested Capital of 3.65% is fine compared to the rest of the industry. REG outperforms 70.08% 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 3.06%.
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 Profit Margin of 26.14%. This is in the better half of the industry: REG outperforms 74.80% of its industry peers.
In the last couple of years the Profit Margin of REG has grown nicely.
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.
Looking at the Gross Margin, with a value of 70.44%, REG is in the better half of the industry, outperforming 60.63% of the companies in the same industry.
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so REG 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.
Compared to 1 year ago, REG has a worse debt to assets ratio.
2.2 Solvency
REG has an Altman-Z score of 1.25. This is a bad value and indicates that REG is not financially healthy and even has some risk of bankruptcy.
REG's Altman-Z score of 1.25 is amongst the best of the industry. REG outperforms 85.04% of its industry peers.
The Debt to FCF ratio of REG is 18.34, which is on the high side as it means it would take REG, 18.34 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of REG (18.34) is better than 78.74% of its industry peers.
REG has a Debt/Equity ratio of 0.72. This is a neutral value indicating 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 78.74% 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
WACC7.37%
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.
The Current ratio of REG (0.77) is comparable to the rest of the industry.
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 has a worse Quick ratio (0.70) than 67.72% 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.
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)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.
Based on estimates for the next years, REG will show a small growth in Revenue. The Revenue will grow by 4.21% on average per year.
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
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
REG is valuated quite expensively with a Price/Earnings ratio of 32.25.
62.20% 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 27.00. REG is around the same levels.
REG is valuated quite expensively with a Price/Forward Earnings ratio of 28.57.
Based on the Price/Forward Earnings ratio, REG is valued a bit cheaper than 79.53% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.70, REG is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.25 | ||
| Fwd PE | 28.57 |
4.2 Price Multiples
REG's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. REG is more expensive than 77.17% of the companies in the same industry.
65.35% 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 | 48.18 | ||
| EV/EBITDA | 18.15 |
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)3.96
PEG (5Y)3.94
EPS Next 2Y7.97%
EPS Next 3Y7.38%
5. Dividend
5.1 Amount
REG has a Yearly Dividend Yield of 6.63%, which is a nice return.
Compared to an average industry Dividend Yield of 6.83, REG pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 1.94, REG pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.63% |
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 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%
70.62
+0.63 (+0.9%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners101.48%
Inst Owner Change0%
Ins Owners0.72%
Ins Owner Change-0.25%
Market Cap12.92B
Revenue(TTM)1.52B
Net Income(TTM)397.81M
Analysts78.4
Price Target80.47 (13.95%)
Short Float %2.91%
Short Ratio4.41
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.63% |
Yearly Dividend2.76
Dividend Growth(5Y)3.44%
DP130.28%
Div Incr Years11
Div Non Decr Years14
Ex-DateN/A
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)-0.62%
EPS NQ rev (1m)-0.12%
EPS NQ rev (3m)1.7%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.12%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.99%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.25 | ||
| Fwd PE | 28.57 | ||
| P/S | 8.49 | ||
| P/FCF | 48.18 | ||
| P/OCF | 15.85 | ||
| P/B | 1.9 | ||
| P/tB | 2.03 | ||
| EV/EBITDA | 18.15 |
EPS(TTM)2.19
EY3.1%
EPS(NY)2.47
Fwd EY3.5%
FCF(TTM)1.47
FCFY2.08%
OCF(TTM)4.46
OCFY6.31%
SpS8.32
BVpS37.16
TBVpS34.86
PEG (NY)3.96
PEG (5Y)3.94
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
WACC7.37%
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.
What is the valuation status of REGENCY CENTERS CORP (REG) stock?
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.
What is the valuation of REGENCY CENTERS CORP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for REGENCY CENTERS CORP (REG) is 32.25 and the Price/Book (PB) ratio is 1.9.
What is the expected EPS growth for REGENCY CENTERS CORP (REG) stock?
The Earnings per Share (EPS) of REGENCY CENTERS CORP (REG) is expected to grow by 8.15% in the next year.