NasdaqGS:RP

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Proven track record with reasonable 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


Market Performance


7 Day Return

-0.4%

RP

1.1%

US Software

1.0%

US Market


1 Year Return

10.4%

RP

24.2%

US Software

6.7%

US Market

Return vs Industry: RP underperformed the US Software industry which returned 24.2% over the past year.

Return vs Market: RP exceeded the US Market which returned 6.7% over the past year.


Share holder returns

RPIndustryMarket
7 Day-0.4%1.1%1.0%
30 Day1.1%-0.6%-1.8%
90 Day-2.3%-3.0%-1.8%
1 Year10.4%10.4%25.9%24.2%9.1%6.7%
3 Year154.0%154.0%123.3%114.6%46.1%36.6%
5 Year281.7%281.7%180.8%160.4%66.9%48.6%

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 based on future cash flows and its price relative to the stock market?

136.42x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Undervalued: RP ($62.1) is trading above our estimate of fair value ($34.85)

Significantly Undervalued: RP is trading above our estimate of fair value.


Price Based on Earnings

PE vs Industry: RP is poor value based on its PE Ratio (136.4x) compared to the Software industry average (47.7x).

PE vs Market: RP is poor value based on its PE Ratio (136.4x) compared to the US market (17.5x).


Price Based on Expected Growth

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


Price Based on Value of Assets

PB vs Industry: RP is good value based on its PB Ratio (5.1x) compared to the US Software industry average (5.3x).


Next Steps

Future Growth

How is RealPage expected to perform in the next 1 to 3 years based on estimates from 10 analysts?

36.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Earnings vs Savings Rate: RP's forecast earnings growth (36.5% per year) is above the savings rate (2.7%).

Earnings vs Market: RP's earnings (36.5% per year) are forecast to grow faster than the US market (14.5% per year).

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

Revenue vs Market: RP's revenue (10.3% per year) is forecast to grow faster than the US market (7.3% per year).

High Growth Revenue: RP's revenue (10.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Estimates


Future Return on Equity

High Future ROE: RP's Return on Equity is forecast to be low in 3 years time (15.6%).


Next Steps

Past Performance

How has RealPage performed over the past 5 years?

55.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: RP's earnings have grown significantly by 55.9% per year over the past 5 years.

Accelerating Growth: RP's earnings growth over the past year (679.2%) exceeds its 5-year average (55.9% per year).

Earnings vs Industry: RP earnings growth over the past year (679.2%) exceeded the Software industry 19.1%.


Return on Equity

High ROE: RP's Return on Equity (3.7%) is considered low.


Return on Assets

ROA vs Industry: RP's Return on Assets is below or equal to the Software industry average last year.


Return on Capital Employed

ROCE Improving: RP has improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is RealPage's financial position?


Financial Position Analysis

Short Term Liabilities: RP's short term assets ($537.5M) do not cover its short term liabilities ($660.7M)

Long Term Liabilities: RP's short term assets (537.5M) exceeds its long term liabilities (408.1M)


Debt to Equity History and Analysis

Debt Level: RP's debt to equity ratio (53.3%) is considered high

Reducing Debt: RP's debt to equity ratio has increased from 7.7% to 53.3% over the past 5 years.

Debt Coverage: RP's debt is well covered by operating cash flow (36.2%).

Interest Coverage: RP's interest payments on its debt are not well covered by EBIT (2.7x coverage).


Balance Sheet

Inventory Level: RP has a low level of unsold assets or inventory.

Debt Coverage by Assets: RP's debt is not covered by short term assets (assets are 0.9x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.8%industryaverage1.6%forecastin3Yearsn/a

Current dividend yield vs market & industry


Dividend Yield and Payments Analysis

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

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

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

What is the CEO of RealPage's salary, the management and board of directors tenure and is there insider trading?

4.4yrs

Average management tenure


CEO

Steve Winn (72yo)

20.9yrs

Tenure

US$11,046,385

Compensation

Mr. Stephen T. Winn, also known as Steve, founded Realpage Inc. in 1998 and has been its Chairman and Chief Executive Officer since November 1998 and served as its President since August 1, 2012. Mr. Winn  ...


CEO Compensation Analysis

Compensation vs. Market: Steve's total compensation ($USD11.05M) is about average for companies of similar size in the US market ($USD6.81M).

Compensation vs Earnings: Steve's compensation has increased by more than 20% in the past year.


Management Age and Tenure

4.4yrs

Average Tenure

52yo

Average Age

Experienced Management: RP's management team is considered experienced (4.4 years average tenure).


Board Age and Tenure

7.7yrs

Average Tenure

65yo

Average Age

Experienced Board: RP's board of directors are considered experienced (7.7 years average tenure).


Insider Trading

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


Recent Insider Transactions

SellUS$290,29413 Jun 19
William Chaney
EntityIndividual
Role
Senior Key Executive
Executive VP & Chief Product Officer
Shares5,000
Max PriceUS$60.00
SellUS$75,16213 Jun 19
Thomas Ernst
EntityIndividual
Role
Chief Financial Officer
Executive VP
Shares1,293
Max PriceUS$58.13
SellUS$179,61017 May 19
Alfred Berkeley
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares3,000
Max PriceUS$59.87
SellUS$103,79215 Mar 19
Tom Ernst Advisory
EntityCompany
Shares1,715
Max PriceUS$60.52
SellUS$606,70015 Mar 19
William Chaney
EntityIndividual
Role
Senior Key Executive
Executive VP & Chief Product Officer
Shares10,000
Max PriceUS$60.67
SellUS$992,30814 Mar 19
Ashley Chaffin-Glover
EntityIndividual
Role
Chief Operating Officer
Executive VP & COO
Shares16,489
Max PriceUS$60.18
SellUS$290,20012 Mar 19
Alfred Berkeley
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares5,000
Max PriceUS$58.04
SellUS$8,781,77806 Mar 19
Seren Capital, Ltd.
EntityCompany
Shares150,000
Max PriceUS$58.95
SellUS$153,03017 Dec 18
William Chaney
EntityIndividual
Role
Senior Key Executive
Executive VP & Chief Product Officer
Shares3,000
Max PriceUS$51.01
SellUS$2,502,00030 Nov 18
William Chaney
EntityIndividual
Role
Senior Key Executive
Executive VP & Chief Product Officer
Shares50,000
Max PriceUS$50.04
SellUS$196,60014 Nov 18
Alfred Berkeley
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares4,000
Max PriceUS$49.15
SellUS$343,07013 Nov 18
Charles Kane
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares6,500
Max PriceUS$52.78

Ownership Breakdown


Management Team

  • Steve Winn (72yo)

    Chairman

    • Tenure: 20.9yrs
    • Compensation: US$11.05m
  • Tom Ernst (50yo)

    Executive VP

    • Tenure: 0.8yrs
  • Kurt Twining (64yo)

    Senior VP & Chief People Officer

    • Tenure: 8.3yrs
  • Ashley Chaffin-Glover (47yo)

    Executive VP & COO

    • Tenure: 1.8yrs
    • Compensation: US$3.24m
  • Andrea Massey

    Senior Vice President of Marketing

    • Tenure: 0yrs
  • Norman Denler

    Senior Vice President of Performance Engineering

    • Tenure: 0yrs
  • William Chaney (48yo)

    Executive VP & Chief Product Officer

    • Tenure: 7.2yrs
    • Compensation: US$2.94m
  • David Monk (52yo)

    Executive VP

    • Tenure: 4.4yrs
    • Compensation: US$1.30m
  • Rhett Butler

    Investor Relations

    • Tenure: 0yrs
  • Kandis L. Thompson (52yo)

    Senior VP & Chief Accounting Officer

    • Tenure: 1.3yrs

Board Members

  • Peter Gyenes (74yo)

    Independent Director

    • Tenure: 9.8yrs
    • Compensation: US$278.00k
  • Jeffrey Leeds (63yo)

    Independent Director

    • Tenure: 19.8yrs
    • Compensation: US$257.00k
  • Chuck Kane (62yo)

    Independent Director

    • Tenure: 7.3yrs
    • Compensation: US$277.00k
  • AI Berkeley (74yo)

    Independent Director

    • Tenure: 15.8yrs
    • Compensation: US$251.00k
  • Scott Ingraham (65yo)

    Independent Director

    • Tenure: 7.7yrs
    • Compensation: US$263.00k
  • Jason Wright (48yo)

    Lead Independent Director

    • Tenure: 7.7yrs
    • Compensation: US$284.00k
  • Steve Winn (72yo)

    Chairman

    • Tenure: 20.9yrs
    • Compensation: US$11.05m

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$5.741b
  • Shares outstanding: 92.44m
  • 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, a property management solution for multi-family, affordable property, rural housing ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 02:32
End of Day Share Price2019/10/11 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.

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