Regis Healthcare Limited provides residential aged care services in Australia.
Undervalued with reasonable growth potential.
Share Price & News
How has Regis Healthcare's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: REG's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: REG underperformed the Australian Healthcare industry which returned -14.7% over the past year.
Return vs Market: REG underperformed the Australian Market which returned -19.2% over the past year.
Price Volatility Vs. Market
How volatile is Regis Healthcare's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 weeks ago | Simply Wall StRegis Healthcare Limited (ASX:REG) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
1 month ago | Simply Wall StWhat Is Regis Healthcare's (ASX:REG) P/E Ratio After Its Share Price Tanked?
1 month ago | Simply Wall StRegis Healthcare Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Is Regis Healthcare undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: REG (A$1.23) is trading below our estimate of fair value (A$12.49)
Significantly Below Fair Value: REG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: REG is good value based on its PE Ratio (9.6x) compared to the Healthcare industry average (12.2x).
PE vs Market: REG is good value based on its PE Ratio (9.6x) compared to the Australian market (13x).
Price to Earnings Growth Ratio
PEG Ratio: REG is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: REG is overvalued based on its PB Ratio (2.2x) compared to the AU Healthcare industry average (1.3x).
How is Regis Healthcare forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: REG's forecast earnings growth (19.3% per year) is above the savings rate (1.1%).
Earnings vs Market: REG's earnings (19.3% per year) are forecast to grow faster than the Australian market (10.2% per year).
High Growth Earnings: REG's earnings are forecast to grow, but not significantly.
Revenue vs Market: REG's revenue (4.5% per year) is forecast to grow faster than the Australian market (4.1% per year).
High Growth Revenue: REG's revenue (4.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: REG's Return on Equity is forecast to be high in 3 years time (26.2%)
How has Regis Healthcare performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: REG has high quality earnings.
Growing Profit Margin: REG's current net profit margins (5.6%) are lower than last year (8.2%).
Past Earnings Growth Analysis
Earnings Trend: REG has become profitable over the past 5 years, growing earnings by 3.2% per year.
Accelerating Growth: REG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: REG had negative earnings growth (-23.4%) over the past year, making it difficult to compare to the Healthcare industry average (8.7%).
Return on Equity
High ROE: Whilst REG's Return on Equity (22.99%) is high, this metric is skewed due to their high level of debt.
How is Regis Healthcare's financial position?
Financial Position Analysis
Short Term Liabilities: REG's short term assets (A$50.3M) do not cover its short term liabilities (A$1.3B).
Long Term Liabilities: REG's short term assets (A$50.3M) do not cover its long term liabilities (A$349.5M).
Debt to Equity History and Analysis
Debt Level: REG's debt to equity ratio (161.8%) is considered high.
Reducing Debt: Insufficient data to determine if REG's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: REG's debt is well covered by operating cash flow (68.4%).
Interest Coverage: REG's interest payments on its debt are not well covered by EBIT (2.1x coverage).
Inventory Level: REG has a high level of physical assets or inventory.
Debt Coverage by Assets: REG's debt is not covered by short term assets (assets are 0.2x debt).
What is Regis Healthcare's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: REG's dividend (6.54%) is higher than the bottom 25% of dividend payers in the Australian market (3.17%).
High Dividend: REG's dividend (6.54%) is low compared to the top 25% of dividend payers in the Australian market (8.1%).
Stability and Growth of Payments
Stable Dividend: REG has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: REG has only been paying a dividend for 5 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (86.8%), REG's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: REG's dividends in 3 years are not forecast to be well covered by earnings (100.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dr. Linda Jane Mellors, BA, BSc (Hons), Ph.D.(Med) GAICD, Grad Cert HSM, has been Chief Executive Officer of Regis Healthcare Limited since September 4, 2019 and its Managing Director and Director since Se ...
|Chief Commercial Officer||1.67yrs||AU$625.28k||0.024% A$88.3k|
|CEO, MD & Director||0.58yr||no data||0.053% A$194.4k|
|Chief Financial Officer||0.083yr||no data||no data|
|Executive General Manager of Investor Relations & Corporate Services||no data||no data||no data|
|Company Secretary & General Counsel||10yrs||no data||no data|
|Executive General Manager of Quality & Compliance||11.25yrs||no data||no data|
|Executive General Manager of People & Culture||no data||no data||no data|
|General Manager of Property||10.25yrs||AU$496.30k||no data|
|General Manager of Operations - Victoria||no data||AU$577.72k||no data|
|General Manager of Operations - Queensland||no data||AU$527.27k||no data|
Experienced Management: REG's management team is seasoned and experienced (5.8 years average tenure).
|CEO, MD & Director||0.58yr||no data||0.053% A$194.4k|
|Independent Non-Executive Chairman||1.75yrs||AU$273.73k||0.037% A$135.3k|
|Independent Non-Executive Director||2.08yrs||AU$135.66k||0.020% A$75.0k|
|Independent Non-Executive Director||2.08yrs||AU$152.42k||0.021% A$78.7k|
|Non-Executive Director||12.92yrs||AU$126.86k||27.24% A$100.8m|
|Non-Executive Director||12.92yrs||AU$141.62k||27.24% A$100.7m|
|Independent Non-Executive Director||5.58yrs||AU$156.81k||0.0091% A$33.7k|
Experienced Board: REG's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: REG insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Regis Healthcare Limited's company bio, employee growth, exchange listings and data sources
- Name: Regis Healthcare Limited
- Ticker: REG
- Exchange: ASX
- Industry: Health Care Facilities
- Sector: Healthcare
- Market Cap: AU$369.921m
- Shares outstanding: 300.75m
- Website: https://www.regis.com.au
Number of Employees
- Regis Healthcare Limited
- 615 Dandenong Road
- Level 2
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|REG||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Oct 2014|
|REG||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Oct 2014|
|06K1||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Oct 2014|
Regis Healthcare Limited provides residential aged care services in Australia. The company offers home care, home help, companionship, and government-funded and private home care services; and aged care services, including ageing-in-place, respite care, specialist dementia care, and palliative care services. It also operates retirement villages that provide retirement services; and Regis Day Therapy Centers, which provide a range of professional allied health services in the areas of physiotherapy, occupational therapy, exercise physiology, and podiatry, as well as rehabilitation services to people living in the community, in retirement villages, and in low care facilities. In addition, the company offers Day Respite Programs for carers. As of June 30, 2019, the company owned and operated 63 aged care facilities. The company was formerly known as Fairway Investment Holdings Pty Ltd. and changed its name to Regis Healthcare Limited in September 2014. Regis Healthcare Limited is based in Armadale, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/04 13:21|
|End of Day Share Price||2020/04/03 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.