Discounted Cash Flow

Regency Centers Corp. REIT

REG · Based on 10 years of SEC filings

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2016 $1.2b $143.9m 11.7%
2017 $2.0b (60.2%) $159.9m (11.2%) 8.1% (-30.6%)
2018 $2.2b (13.9%) $249.1m (55.8%) 11.1% (36.8%)
2019 $1.1b (-49.5%) $239.4m (-3.9%) $621.3m 21.1% (90.2%)
2020 $1.0b (-10.3%) $44.9m (-81.3%) $44.9m (-92.8%) 4.4% (-79.1%)
2021 $1.2b (14.8%) $361.4m (705.1%) $659.4m (1368.9%) 31.0% (601.6%)
2022 $1.2b (5.0%) $482.9m (33.6%) $655.8m (-0.5%) 39.4% (27.3%)
2023 $1.3b (8.0%) $364.6m (-24.5%) $719.6m (9.7%) 27.6% (-30.1%)
2024 $1.5b (9.9%) $400.4m (9.8%) $790.2m (9.8%) 27.5% (-0.1%)
2025 $1.6b (6.9%) $527.5m (31.7%) $827.7m (4.7%) 34.0% (23.3%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model