NasdaqGS:RP

Stock Analysis Report

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Executive Summary

RealPage, Inc. provides software and data analytics for the real estate industry in the United States. More Details


Snowflake Analysis

Acceptable track record with moderate growth potential.


Similar Companies

Share Price & News

How has RealPage's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: RP is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: RP's weekly volatility (9%) has been stable over the past year.


Market Performance


7 Day Return

0.3%

RP

3.3%

US Software

1.4%

US Market


1 Year Return

49.0%

RP

43.5%

US Software

22.6%

US Market

Return vs Industry: RP exceeded the US Software industry which returned 44.5% over the past year.

Return vs Market: RP exceeded the US Market which returned 22.8% over the past year.


Shareholder returns

RPIndustryMarket
7 Day0.3%3.3%1.4%
30 Day-0.6%-1.9%4.9%
90 Day47.8%7.3%14.6%
1 Year49.0%49.0%44.4%43.5%25.4%22.6%
3 Year79.1%79.1%130.6%123.2%46.8%37.0%
5 Year352.1%352.1%282.4%261.8%132.0%106.1%

Long-Term Price Volatility Vs. Market

How volatile is RealPage's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

154.76x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: RP ($86.98) is trading above our estimate of fair value ($66.38)

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


Price To Earnings Ratio

PE vs Industry: RP is poor value based on its PE Ratio (154.8x) compared to the US Software industry average (56.6x).

PE vs Market: RP is poor value based on its PE Ratio (154.8x) compared to the US market (21.1x).


Price to Earnings Growth Ratio

PEG Ratio: RP is poor value based on its PEG Ratio (3.7x)


Price to Book Ratio

PB vs Industry: RP is good value based on its PB Ratio (5.4x) compared to the US Software industry average (9.7x).


Next Steps

Future Growth

How is RealPage forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?

42.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: RP's forecast earnings growth (42% per year) is above the savings rate (2%).

Earnings vs Market: RP's earnings (42% per year) are forecast to grow faster than the US market (21.6% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: RP's revenue (10.2% per year) is forecast to grow slower than the US market (10.5% per year).

High Growth Revenue: RP's revenue (10.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: RP's Return on Equity is forecast to be low in 3 years time (14%).


Next Steps

Past Performance

How has RealPage performed over the past 5 years?

50.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RP has a large one-off loss of $14.1M impacting its September 30 2020 financial results.

Growing Profit Margin: RP's current net profit margins (4.8%) are higher than last year (4.6%).


Past Earnings Growth Analysis

Earnings Trend: RP has become profitable over the past 5 years, growing earnings by 50.4% per year.

Accelerating Growth: RP's earnings growth over the past year (20.1%) is below its 5-year average (50.4% per year).

Earnings vs Industry: RP earnings growth over the past year (20.1%) exceeded the Software industry 14.3%.


Return on Equity

High ROE: RP's Return on Equity (3.4%) is considered low.


Next Steps

Financial Health

How is RealPage's financial position?


Financial Position Analysis

Short Term Liabilities: RP's short term assets ($1.0B) exceed its short term liabilities ($859.1M).

Long Term Liabilities: RP's short term assets ($1.0B) exceed its long term liabilities ($1.0B).


Debt to Equity History and Analysis

Debt Level: RP's debt to equity ratio (74.9%) is considered high.

Reducing Debt: RP's debt to equity ratio has increased from 9.3% to 74.9% over the past 5 years.

Debt Coverage: RP's debt is well covered by operating cash flow (28.5%).

Interest Coverage: RP's interest payments on its debt are not well covered by EBIT (2.3x coverage).


Balance Sheet


Next Steps

Dividend

What is RealPage current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate RP'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 RP's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if RP'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 RP's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

3.9yrs

Average management tenure


CEO

Steve Winn (73 yo)

22.17yrs

Tenure

US$9,579,996

Compensation

Mr. Stephen T. Winn, also known as Steve, serves as the Director of Evans & Sutherland Computer Corporation since April 6, 2020. He founded Realpage Inc. in 1998 and has been its Chairman and Chief Executi...


CEO Compensation Analysis

Compensation vs Market: Steve's total compensation ($USD9.58M) is above average for companies of similar size in the US market ($USD6.22M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Stephen Winn
Chairman22.17yrsUS$9.58m10.42%
$ 897.8m
Ashley Chaffin-Glover
Presidentno dataUS$3.45m0.11%
$ 9.1m
David Monk
Executive VP5.67yrsUS$1.36m0.15%
$ 13.2m
Brian Shelton
Executive VP0.42yrno data0.044%
$ 3.8m
Barry Carter
Senior VP & Chief Information Officer3.5yrsno data0.025%
$ 2.2m
Steve Calk
Investor Relations Officerno datano datano data
Kurt Twining
SVP & Chief People Officer9.5yrsno data0.11%
$ 9.7m
Andrea Massey
Senior Vice President of Marketingno datano datano data
Norman Denler
Senior Vice President of Performance Engineeringno datano datano data
Greg Willett
Chief Economistno datano datano data
Michael Britti
Executive Vice President of Mergers & Acquisitions and Emerging Markets1yrno data0.071%
$ 6.1m
Brock MacLean
Senior Vice President of Business Development3.92yrsno datano data

3.9yrs

Average Tenure

57yo

Average Age

Experienced Management: RP's management team is considered experienced (3.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Stephen Winn
Chairman22.17yrsUS$9.58m10.42%
$ 897.8m
Peter Gyenes
Independent Director11yrsUS$305.50k0.12%
$ 10.5m
Jeffrey Leeds
Independent Director21.08yrsUS$280.75k0.19%
$ 16.2m
Charles Kane
Independent Director8.58yrsUS$306.75k0.027%
$ 2.3m
Alfred Berkeley
Independent Director17.08yrsUS$277.00k0.027%
$ 2.4m
Scott Ingraham
Independent Director8.92yrsUS$301.25k0.061%
$ 5.2m
Jason Wright
Lead Independent Director8.92yrsUS$313.75k0.10%
$ 8.6m
Dana Jones
Independent Director1.25yrsUS$103.86k0.0055%
$ 471.9k

8.9yrs

Average Tenure

65yo

Average Age

Experienced Board: RP's board of directors are considered experienced (8.9 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: RP insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7%.


Top Shareholders

Company Information

RealPage, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: RealPage, Inc.
  • Ticker: RP
  • Exchange: NasdaqGS
  • Founded: 1998
  • Industry: Application Software
  • Sector: Software
  • Market Cap: US$8.612b
  • Shares outstanding: 99.01m
  • Website: https://www.realpage.com

Number of Employees


Location

  • RealPage, Inc.
  • 2201 Lakeside Boulevard
  • Richardson
  • Texas
  • 75082
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RPNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDAug 2010
1R1DB (Deutsche Boerse AG)YesCommon StockDEEURAug 2010

Biography

RealPage, Inc. provides software and data analytics for the real estate industry in the United States. It offers OneSite that generates lease documents, manages service requests, measures acuity of senior ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/21 23:38
End of Day Share Price2021/01/21 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.