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REGI

Reginn hfICSE:REGINN Stock Report

Market Cap

Kr53.6b

7D

-2.6%

1Y

76.6%

Updated

22 Oct, 2021

Data

Company Financials
REGINN fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance3/6
Financial Health0/6
Dividends0/6

REGINN Overview

Reginn hf., a real estate company, invests in, leases, and manages commercial properties in Iceland.

Price History & Performance

Summary of all time highs, changes and price drops for Reginn hf
Historical stock prices
Current Share PriceKr29.40
52 Week HighKr16.00
52 Week LowKr30.40
Beta0.44
1 Month Change8.89%
3 Month Change12.21%
1 Year Change76.58%
3 Year Change52.73%
5 Year Change22.25%
Change since IPO258.54%

Recent News & Updates

Mar 05
Here's Why Reginn hf (ICE:REGINN) Is Weighed Down By Its Debt Load

Here's Why Reginn hf (ICE:REGINN) Is Weighed Down By Its Debt Load

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Feb 03
If You Had Bought Reginn hf (ICE:REGINN) Shares Five Years Ago You'd Have Earned 14% Returns

If You Had Bought Reginn hf (ICE:REGINN) Shares Five Years Ago You'd Have Earned 14% Returns

Stock pickers are generally looking for stocks that will outperform the broader market. And in our experience, buying...

Jan 14
Should You Be Worried About Reginn hf.'s (ICE:REGINN) 2.4% Return On Equity?

Should You Be Worried About Reginn hf.'s (ICE:REGINN) 2.4% Return On Equity?

Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...

Dec 24
What Kind Of Shareholders Hold The Majority In Reginn hf.'s (ICE:REGINN) Shares?

What Kind Of Shareholders Hold The Majority In Reginn hf.'s (ICE:REGINN) Shares?

Every investor in Reginn hf. ( ICE:REGINN ) should be aware of the most powerful shareholder groups. Large companies...

Shareholder Returns

REGINNIS Real EstateIS Market
7D-2.6%1.9%-1.5%
1Y76.6%19.7%51.4%

Return vs Industry: REGINN exceeded the IS Real Estate industry which returned 19.7% over the past year.

Return vs Market: REGINN exceeded the IS Market which returned 51.4% over the past year.

Price Volatility

Is REGINN's price volatile compared to industry and market?
REGINN volatility
REGINN Beta0.44
Industry Beta0.66
Market Beta1

Stable Share Price: REGINN is not significantly more volatile than the rest of IS stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: REGINN's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200957Helgi Gunnarssonhttps://www.reginn.is

Reginn hf., a real estate company, invests in, leases, and manages commercial properties in Iceland. As of December 31, 2019, the company owns 116 properties. Reginn hf.

Reginn hf Fundamentals Summary

How do Reginn hf's earnings and revenue compare to its market cap?
REGINN fundamental statistics
Market CapKr53.60b
Earnings (TTM)Kr4.42b
Revenue (TTM)Kr10.21b

12.1x

P/E Ratio

5.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
REGINN income statement (TTM)
RevenueKr10.21b
Cost of RevenueKr2.88b
Gross ProfitKr7.33b
ExpensesKr2.91b
EarningsKr4.42b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 04, 2021

Earnings per share (EPS)2.42
Gross Margin71.80%
Net Profit Margin43.29%
Debt/Equity Ratio188.4%

How did REGINN perform over the long term?

See historical performance and comparison

Valuation

Is Reginn hf undervalued compared to its fair value and its price relative to the market?

12.12x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: REGINN (ISK29.4) is trading above our estimate of fair value (ISK10.08)

Significantly Below Fair Value: REGINN is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: REGINN's PE Ratio (12.1x) is in line with the European Real Estate industry average.

PE vs Market: REGINN is good value based on its PE Ratio (12.1x) compared to the IS market (22x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate REGINN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: REGINN's PB Ratio (1.1x) is in line with the XE Real Estate industry average.


Future Growth

How is Reginn hf forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-9.7%

Forecasted Real Estate industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Reginn hf has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Reginn hf performed over the past 5 years?

-12.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: REGINN has a large one-off gain of ISK5.7B impacting its June 30 2021 financial results.

Growing Profit Margin: REGINN's current net profit margins (43.3%) are higher than last year (25%).


Past Earnings Growth Analysis

Earnings Trend: REGINN's earnings have declined by 12.4% per year over the past 5 years.

Accelerating Growth: REGINN's earnings growth over the past year (81.6%) exceeds its 5-year average (-12.4% per year).

Earnings vs Industry: REGINN earnings growth over the past year (81.6%) exceeded the Real Estate industry 33.3%.


Return on Equity

High ROE: REGINN's Return on Equity (8.8%) is considered low.


Financial Health

How is Reginn hf's financial position?


Financial Position Analysis

Short Term Liabilities: REGINN's short term assets (ISK3.0B) do not cover its short term liabilities (ISK3.6B).

Long Term Liabilities: REGINN's short term assets (ISK3.0B) do not cover its long term liabilities (ISK107.2B).


Debt to Equity History and Analysis

Debt Level: REGINN's debt to equity ratio (188.4%) is considered high.

Reducing Debt: REGINN's debt to equity ratio has increased from 176.2% to 188.4% over the past 5 years.

Debt Coverage: REGINN's debt is not well covered by operating cash flow (2.7%).

Interest Coverage: REGINN's interest payments on its debt are not well covered by EBIT (2.1x coverage).


Balance Sheet


Dividend

What is Reginn hf current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate REGINN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate REGINN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if REGINN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if REGINN's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of REGINN's dividend in 3 years as they are not forecast to pay a notable one for the IS market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

Kr46m

CEO Compensation


CEO

Helgi Gunnarsson

no data

Tenure

Kr46,100,000

Compensation

Mr. Helgi S. Gunnarsson M.Sc. serves as the Chief Executive Officer and Member of the Executive Board of Reginn hf.


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Helgi's total compensation is reasonable compared to companies of similar size in the IS market.

Compensation vs Earnings: Helgi's compensation has been consistent with company performance over the past year.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.2%.


Top Shareholders

Company Information

Reginn hf.'s employee growth, exchange listings and data sources


Key Information

  • Name: Reginn hf.
  • Ticker: REGINN
  • Exchange: ICSE
  • Founded: 2009
  • Industry: Real Estate Operating Companies
  • Sector: Real Estate
  • Market Cap: Kr53.601b
  • Shares outstanding: 1.82b
  • Website: https://www.reginn.is

Number of Employees


Location

  • Reginn hf.
  • HagasmAri 1
  • Kópavogur
  • 201
  • Iceland

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 21:05
End of Day Share Price2021/10/22 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.