WallStSmart

Macerich Company (MAC)vsRegency Centers Corporation (REG)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Regency Centers Corporation generates 64% more annual revenue ($1.69B vs $1.03B). REG leads profitability with a 33.0% profit margin vs -16.5%. REG appears more attractively valued with a PEG of 2.70. REG earns a higher WallStSmart Score of 59/100 (C).

MAC

Hold

45

out of 100

Grade: D+

Growth: 6.7Profit: 4.0Value: 3.7Quality: 3.0
Piotroski: 2/9Altman Z: -0.39

REG

Buy

59

out of 100

Grade: C

Growth: 6.0Profit: 8.0Value: 6.0Quality: 5.5
Piotroski: 4/9Altman Z: 0.83
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

MACFair Value (-3.1%)

Margin of Safety

-3.1%

Fair Value

$22.33

Current Price

$22.61

$0.28 premium

UndervaluedFair: $22.33Overvalued
REGUndervalued (+44.3%)

Margin of Safety

+44.3%

Fair Value

$137.30

Current Price

$74.62

$62.68 discount

UndervaluedFair: $137.30Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

MAC2 strengths · Avg: 9.0/10
EPS GrowthGrowth
3971.0%10/10

Earnings expanding 3971.0% YoY

Price/BookValuation
2.3x8/10

Reasonable price relative to book value

REG3 strengths · Avg: 9.3/10
Profit MarginProfitability
33.0%10/10

Keeps 33 of every $100 in revenue as profit

Operating MarginProfitability
39.6%10/10

Strong operational efficiency at 39.6%

Price/BookValuation
2.1x8/10

Reasonable price relative to book value

Areas to Watch

MAC4 concerns · Avg: 3.0/10
Revenue GrowthGrowth
1.2%4/10

1.2% revenue growth

Debt/EquityHealth
1.713/10

Elevated debt levels

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

PEG RatioValuation
4.802/10

Expensive relative to growth rate

REG3 concerns · Avg: 2.7/10
P/E RatioValuation
25.4x4/10

Moderate valuation

PEG RatioValuation
2.702/10

Expensive relative to growth rate

Altman Z-ScoreHealth
0.832/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : MAC

The strongest argument for MAC centers on EPS Growth, Price/Book.

Bull Case : REG

The strongest argument for REG centers on Profit Margin, Operating Margin, Price/Book. Profitability is solid with margins at 33.0% and operating margin at 39.6%.

Bear Case : MAC

The primary concerns for MAC are Revenue Growth, Debt/Equity, Piotroski F-Score. Debt-to-equity of 1.71 is elevated, increasing financial risk.

Bear Case : REG

The primary concerns for REG are P/E Ratio, PEG Ratio, Altman Z-Score.

Key Dynamics to Monitor

MAC profiles as a turnaround stock while REG is a mature play — different risk/reward profiles.

MAC carries more volatility with a beta of 2.06 — expect wider price swings.

REG is growing revenue faster at 8.9% — sustainability is the question.

REG generates stronger free cash flow (174M), providing more financial flexibility.

Bottom Line

REG scores higher overall (59/100 vs 45/100), backed by strong 33.0% margins. Both earn "Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Macerich Company

REAL ESTATE · REIT - RETAIL · USA

The Macerich Company (MAC) is a leading real estate investment trust (REIT) focused on acquiring, leasing, and managing a high-quality portfolio of retail properties in prime markets across the United States. Renowned for its upscale shopping centers and mixed-use developments, Macerich prioritizes tenant performance and exceptional customer experiences to adapt to the evolving retail landscape. With a strong emphasis on sustainability and operational efficiency, the company is well-positioned to achieve long-term growth and value creation for its shareholders.

Regency Centers Corporation

REAL ESTATE · REIT - RETAIL · USA

Regency Centers Corporation is a real estate investment trust based in Jacksonville, Florida and is one of the largest operators of shopping centers with grocery stores as anchor tenants.

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