Dexus Convenience Retail REIT

Real Estate AU DXC

2.64AUD
0.03(1.15%)

Last update at 2024-04-24T00:59:00Z

Day Range

2.642.65
LowHigh

52 Week Range

2.132.82
LowHigh

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Type yearly yearly yearly yearly yearly
Date 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Income before tax -8.38000M 82.64M 73.82M 45.80M 24.00M
Minority interest - - - - -11.34700M
Net income -8.38000M 82.64M 73.82M 45.80M 24.00M
Selling general administrative 5.33M 4.96M 3.46M 2.53M 2.29M
Selling and marketing expenses - - - - -
Gross profit 46.57M 42.89M 34.27M 28.00M 26.91M
Reconciled depreciation - - - - -
Ebit 2.99M 86.04M 78.04M 50.39M 55.44M
Ebitda 2.99M 86.04M 78.04M 50.39M 29.19M
Depreciation and amortization -45.31400M -42.06500M -34.21500M -27.44400M -26.24800M
Non operating income net other - - - - -
Operating income 2.99M 86.04M 78.04M 50.39M 29.19M
Other operating expenses 14.14M 13.51M 7.54M 6.04M 5.44M
Interest expense 11.37M 3.40M 4.22M 4.59M 5.19M
Tax provision 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Interest income 50.35M 39.42M 40.81M 19.20M 1.53M
Net interest income -11.31100M -3.25100M -4.08200M -4.57000M -5.16400M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 14.38M 89.44M 82.60M 55.10M 34.37M
Total revenue 59.38M 55.42M 41.27M 33.35M 31.67M
Total operating expenses 1.33M 0.97M 0.54M 0.69M 0.68M
Cost of revenue 12.81M 12.54M 7.00M 5.35M 4.76M
Total other income expense net -42.30900M 43.97M 44.17M 23.06M 2.94M
Discontinued operations - - - - -
Net income from continuing ops -8.38000M 82.64M 73.82M 45.80M 24.00M
Net income applicable to common shares -8.38000M 82.64M 73.82M 45.80M 24.00M
Preferred stock and other adjustments - - - - -
Breakdown 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Type yearly yearly yearly yearly yearly
Date 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Total assets 802.86M 873.12M 646.79M 451.62M 358.71M
Intangible assets - - - - -
Earning assets - - - - -
Other current assets 2.15M 3.23M 6.67M 0.27M 0.03M
Total liab 286.48M 318.60M 193.52M 92.29M 124.91M
Total stockholder equity 516.38M 554.52M 453.27M 359.33M 233.79M
Deferred long term liab - - - - -
Other current liab 21.04M 17.20M 11.28M 10.82M -
Common stock 407.26M 407.26M 356.62M 310.12M 209.94M
Capital stock 407.26M 407.26M 356.62M 310.12M 209.94M
Retained earnings 109.12M 147.25M 96.65M 49.21M 23.86M
Other liab - - - - -
Good will - - - - -
Other assets 7.59M 9.76M 0.00000M - -
Cash 5.45M 5.18M 0.79M 2.33M 0.29M
Cash and equivalents 5.45M 5.18M 0.79M 2.33M 0.29M
Total current liabilities 21.80M 17.99M 11.79M 14.16M 7.87M
Current deferred revenue - - - - -
Net debt 257.97M 294.43M 179.98M 73.50M 115.11M
Short term debt 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Short long term debt - - - - -
Short long term debt total 263.42M 299.61M 180.77M 75.83M -
Other stockholder equity - - - - -
Property plant equipment - - - - -
Total current assets 21.11M 10.05M 8.18M 3.46M 0.41M
Long term investments - - - - -
Net tangible assets - - - - -
Short term investments - - - - -
Net receivables 1.42M 1.29M 0.72M 0.86M 0.09M
Long term debt 263.42M 299.61M 180.77M 75.83M 115.40M
Inventory 12.08M 0.36M - - -
Accounts payable 0.76M 0.79M 0.51M 3.34M 0.93M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - - - - -
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 781.76M 863.07M - - -
Deferred long term asset charges - - - - -
Non current assets total 781.76M 863.07M 638.61M 448.16M 358.29M
Capital lease obligations - - - - -
Long term debt total 263.42M 299.61M 180.77M 75.83M 115.40M
Breakdown 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Type yearly yearly yearly yearly yearly
Date 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Investments 33.35M -167.92400M -151.74900M -61.80500M -7.98700M
Change to liabilities - - - - -
Total cashflows from investing activities 33.35M -167.92400M -151.74900M -61.80500M -7.98700M
Net borrowings - - - - -
Total cash from financing activities -67.48300M 143.26M 125.81M 41.48M -10.96000M
Change to operating activities - - - - -
Net income -8.38000M 82.64M 73.82M 45.80M 24.00M
Change in cash 0.28M 4.39M -1.54500M 2.04M -2.50800M
Begin period cash flow 5.18M 0.79M 2.33M 0.29M 2.80M
End period cash flow 5.45M 5.18M 0.79M 2.33M 0.29M
Total cash from operating activities 34.41M 29.06M 24.40M 22.37M 16.44M
Issuance of capital stock - 55.50M 45.00M 100.71M -
Depreciation - - - - -
Other cashflows from investing activities 33.35M -167.92400M -151.74900M -61.80500M -7.98700M
Dividends paid 30.13M 29.98M 23.18M 18.60M 16.32M
Change to inventory - - - -4.18600M -
Change to account receivables 0.33M -1.08800M 0.08M -1.06200M -0.14100M
Sale purchase of stock 0.00000M -5.65000M -0.90600M -2.02000M -0.03000M
Other cashflows from financing activities 146.94M 876.35M 104.89M -38.61500M 10.83M
Change to netincome - - - - -
Capital expenditures 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 4.32M -0.55800M -4.20100M -0.76100M -0.52900M
Stock based compensation - - - - -
Other non cash items 38.49M -51.58800M -48.73600M -26.55700M -7.03300M
Free cash flow 34.41M 29.06M 24.40M 22.37M 16.44M

Fundamentals

  • Previous Close 2.61
  • Market Cap362.30M
  • Volume20600
  • P/E Ratio-
  • Dividend Yield8.05%
  • EBITDA-
  • Revenue TTM57.73M
  • Revenue Per Share TTM0.42
  • Gross Profit TTM 0.00000M
  • Diluted EPS TTM-0.09

Peer Comparison

Sector: Real Estate Industry: REIT - Retail

Company Change (AUD) Price (AUD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
DXC
Dexus Convenience Retail REIT
0.03 1.15% 2.64 - - 6.42 1.69 10.65 -449.3391
URW
Unibail-Rodamco-Westfield SE
0.10 1.61% 6.32 - 7.41 5.83 0.59 17.59 -74.0183
SCG
Scentre Group Ltd
0.06 1.90% 3.21 105.33 15.43 6.62 0.93 12.75 38.62
VCX
Vicinity Centres Re Ltd
0.04 1.93% 1.96 27.64 14.77 7.11 0.84 9.95 26.28
HDN
Homeco Daily Needs Reit
0.01 0.96% 1.26 - 14.60 6.83 0.85 11.57 62.84

Reports Covered

Stock Research & News

Profile

Dexus (ASX: DXS) is one of Australia's leading fully integrated real asset groups, managing a high-quality Australasian real estate and infrastructure portfolio valued at $62.3 billion (pro forma post completion of the Collimate Capital acquisition). We believe that the strength and quality of our relationships will always be central to our success and are deeply committed to working with our customers to provide spaces that engage and inspire. We directly own $17.8 billion of office and industrial assets and investments. We manage a further $44.5 billion of investments in our funds management business (pro forma post completion of the Collimate Capital acquisition) which provides third party capital with exposure to quality sector specific and diversified real asset products. The funds within this business have a strong track record of delivering outperformance and benefit from Dexus's capabilities. The group's $15.8 billion development pipeline provides the opportunity to grow both portfolios and enhance future returns. We consider sustainability (ESG) to be an integral part of our business with the objectives of Leading Cities, Future Enabled Customers, Strong Communities, Thriving People and an Enriched Environment supporting our overarching goal of Sustained Value. Dexus is listed on the Australian Securities Exchange and is supported by more than 31,000 investors from 23 countries. With over 35 years of expertise in property investment, funds management, asset management and development, we have a proven track record in capital and risk management and delivering superior risk-adjusted returns for investors.

Dexus Convenience Retail REIT

Level 30, Sydney, NSW, Australia, 2000

Key Executives

Name Title Year Born
Mr. Darren Joseph Steinberg BEc, F.A.C.I.D., FAICD, FAPI, FRICS Chief Exec. Officer of Dexus Asset Management Limited NA
Mr. Joseph Tindaro De Rango B.Com., M.A.I.C.D. Head of Fin. & Real Estate Funds NA
Ms. Jessie Chen Head of Accounting of APN Funds Management Ltd. NA
Ms. Rowena Causley Sr. Mang. - Investor Relations of Dexus Asset Management Limited NA
Louise Murray Sr. Mang. of Communications - APN Funds Management Limited NA
Ms. Deborah Claire Coakley Exec. Director of Dexus Asset Management Limited NA
Mr. Timothy Slattery B.Sc., BSc, L.L.B., LLB, M.B.A., MBA Head of Listed Funds & Private Capital NA
Mr. Brett David Cameron B.A., L.L.B. Company Sec. & Alternate Director of Dexus Asset Management Limited NA
Mr. Scott D. Mahony FCIS, M.B.A. Company Sec. of Dexus Asset Management Limited NA
Mr. Darren Joseph Steinberg BEc, F.A.C.I.D., FAICD, FAPI, FRICS Chief Executive Officer of Dexus Asset Management Limited NA

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