REG (Regency Centers) Cyclically Adjusted FCF per Share: $4.34 (As of Mar. 2026)


REG Regency Centers Corp REG
81 GF Score
Price $81.43
GF Value $76.61
Valuation Fairly Valued
! 8 Warning Signs
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What is Regency Centers Cyclically Adjusted FCF per Share?

Regency Centers REG -0.46% 81 Cyclically Adjusted FCF per Share is $4.34 as of Mar. 2026. GuruFocus rates REG with a GF Score™ of 81/100 and a GF Value™ of $76.61 (Fairly Valued). The stock has 8 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Regency Centers's adjusted free cash flow per share for the three months ended in Mar. 2026 was $0.833. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $4.34 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Regency Centers's average Cyclically Adjusted FCF Growth Rate was 3.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 4.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 6.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Regency Centers was 61.50% per year. The lowest was -16.30% per year. And the median was 12.70% per year.

As of today (2026-06-29), Regency Centers's current stock price is $81.43. Regency Centers's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was $4.34. Regency Centers's Cyclically Adjusted Price-to-FCF of today is 18.76.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Regency Centers was 303.32. The lowest was 11.48. And the median was 18.47.


Regency Centers  (NAS:REG) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Regency Centers's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=81.43/4.34
=18.76

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Regency Centers was 303.32. The lowest was 11.48. And the median was 18.47.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Regency Centers Cyclically Adjusted FCF per Share Related Terms


Regency Centers Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Regency Centers's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Regency Centers Cyclically Adjusted FCF per Share Chart

Regency Centers Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.56 3.80 3.98 4.13 4.28

Regency Centers Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.19 4.26 4.28 4.28 4.34

REG vs KIM, FRT, BRX: Cyclically Adjusted FCF per Share Comparison

For the REIT - Retail subindustry, Regency Centers's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Regency Centers Cyclically Adjusted Price-to-FCF vs REITs Industry

For the REITs industry and Real Estate sector, Regency Centers's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Regency Centers's Cyclically Adjusted Price-to-FCF falls into.


REG
81GF Score
Regency Centers Corp REG
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Regency Centers Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Regency Centers's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.833/330.2130*330.2130
=0.833

Current CPI (Mar. 2026) = 330.2130.

Regency Centers Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.758 241.018 1.039
201609 0.710 241.428 0.971
201612 0.686 241.432 0.938
201703 0.258 243.801 0.349
201706 0.847 244.955 1.142
201709 0.988 246.819 1.322
201712 0.726 246.524 0.972
201803 0.877 249.554 1.160
201806 0.890 251.989 1.166
201809 0.965 252.439 1.262
201812 0.857 251.233 1.126
201903 0.783 254.202 1.017
201906 0.940 256.143 1.212
201909 1.072 256.759 1.379
201912 0.907 256.974 1.165
202003 0.748 258.115 0.957
202006 0.540 257.797 0.692
202009 0.925 260.280 1.174
202012 0.734 260.474 0.931
202103 0.820 264.877 1.022
202106 1.093 271.696 1.328
202109 1.074 274.310 1.293
202112 0.878 278.802 1.040
202203 0.832 287.504 0.956
202206 1.072 296.311 1.195
202209 1.169 296.808 1.301
202212 0.744 296.797 0.828
202303 0.945 301.836 1.034
202306 1.008 305.109 1.091
202309 1.195 307.789 1.282
202312 0.931 306.746 1.002
202403 0.908 312.332 0.960
202406 1.107 314.175 1.164
202409 1.252 315.301 1.311
202412 1.053 315.605 1.102
202503 0.886 319.799 0.915
202506 1.341 322.561 1.373
202509 1.199 324.800 1.219
202512 1.115 324.054 1.136
202603 0.833 330.213 0.833

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of $4.34 mean?
Regency Centers (REG) has a Cyclically Adjusted FCF per Share of $4.34 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Regency Centers and its competitors.
Is Regency Centers' Cyclically Adjusted FCF per Share too high?
Regency Centers' current Cyclically Adjusted FCF per Share is $4.34. Overall, Regency Centers has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Regency Centers' Cyclically Adjusted FCF per Share compare to KIM and FRT?
Regency Centers' Cyclically Adjusted FCF per Share of $4.34 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a REITs company?
A good Cyclically Adjusted FCF per Share depends on the REITs industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Regency Centers and its competitors. Regency Centers's current Cyclically Adjusted FCF per Share is $4.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Regency Centers stock overvalued right now?
Based on GuruFocus' analysis, Regency Centers (REG) is currently considered Fairly Valued. The stock's GF Value™ is $76.61, compared to a current price of $81.43 — trading 6.3% above its estimated fair value. The current Cyclically Adjusted FCF per Share is $4.34. Regency Centers' overall GF Score™ is 81/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Regency Centers (REG), the current Cyclically Adjusted FCF per Share is $4.34 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Regency Centers (REG) Overvalued in 2026?

Based on GuruFocus' analysis, Regency Centers stock appears to be overvalued. The current stock price of $81.43 is trading 6.3% above its estimated GF Value™ of $76.61. GuruFocus considers Regency Centers to be Fairly Valued.

Key valuation signals for REG:

  • Cyclically Adjusted FCF per Share: $4.34
  • GF Value™: $76.61 vs. price of $81.43 (6.3% above fair value)
  • GF Score™: 81/100 with 8 warning signs

No single metric tells the full story. See the REG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Regency Centers Business Description

Industry Real EstateREITs
Address One Independent Drive, Suite 114, Jacksonville, FL, USA, 32202
Regency Centers is one of the largest shopping center-focused retail REITs. The company's portfolio includes an interest in 481 properties, which includes over 58 million square feet of retail space following the completion of the Urstadt Biddle acquisition in August 2023. The portfolio is geographically diversified with 22 regional offices and no single market representing more than 12% of total company net operating income. Regency's retail portfolio is primarily composed of grocery-anchored centers, with 80% of properties featuring a grocery anchor and grocery stores representing 20% of annual base rent.
81GF Score

Get the complete analysis for REG

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$81.43
Price
$76.61
GF Value