Dexus Convenience Retail REIT

Real Estate AU DXC

2.98AUD
0.02(0.68%)

Last update at 2024-12-19T05:11:00Z

Day Range

2.932.98
LowHigh

52 Week Range

2.353.06
LowHigh

Fundamentals

  • Previous Close 2.96
  • Market Cap396.74M
  • Volume136966
  • P/E Ratio144.00
  • Dividend Yield7.17%
  • EBITDA-
  • Revenue TTM57.26M
  • Revenue Per Share TTM0.42
  • Gross Profit TTM 0.00000M
  • Diluted EPS TTM0.02

Analyst Recommendations

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2024-06-30 2023-06-30 2022-06-30 2021-06-30 2020-06-30
Type yearly yearly yearly yearly yearly
Date 2024-06-30 2023-06-30 2022-06-30 2021-06-30 2020-06-30
Income before tax 3.41M -8.38000M 82.64M 73.82M 45.80M
Minority interest - - - - -
Net income 3.41M -8.38000M 82.64M 73.82M 45.80M
Selling general administrative - 5.33M 4.96M 3.46M 2.53M
Selling and marketing expenses - - - - -
Gross profit 48.73M 46.57M 42.89M 34.27M 28.00M
Reconciled depreciation - - - - -
Ebit 85.97M 2.99M 86.04M 78.04M 50.39M
Ebitda 43.34M 2.99M 86.04M 78.04M 50.39M
Depreciation and amortization -42.63100M -45.31400M -42.06500M -34.21500M -27.44400M
Non operating income net other - - - - -
Operating income 43.34M 2.99M 86.04M 78.04M 50.39M
Other operating expenses 19.07M 14.14M 13.51M 7.54M 6.04M
Interest expense 11.12M 11.37M 3.40M 4.22M 4.59M
Tax provision 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Interest income 0.15M 50.35M 39.42M 40.81M 19.20M
Net interest income -10.96800M -11.31100M -3.25100M -4.08200M -4.57000M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 42.63M 14.38M 89.44M 82.60M 55.10M
Total revenue 62.41M 59.38M 55.42M 41.27M 33.35M
Total operating expenses 0.95M 1.33M 0.97M 0.54M 0.69M
Cost of revenue 13.67M 12.81M 12.54M 7.00M 5.35M
Total other income expense net -39.93300M -42.30900M 43.97M 44.17M 23.06M
Discontinued operations - - - - -
Net income from continuing ops 3.41M -8.38000M 82.64M 73.82M 45.80M
Net income applicable to common shares - -8.38000M 82.64M 73.82M 45.80M
Preferred stock and other adjustments - - - - -
Breakdown 2024-06-30 2023-06-30 2022-06-30 2021-06-30 2020-06-30
Type yearly yearly yearly yearly yearly
Date 2024-06-30 2023-06-30 2022-06-30 2021-06-30 2020-06-30
Total assets 753.86M 802.86M 873.12M 646.79M 451.62M
Intangible assets - - - - -
Earning assets - - - - -
Other current assets -5.11100M 2.15M 3.23M 6.67M 0.27M
Total liab 262.94M 286.48M 318.60M 193.52M 92.29M
Total stockholder equity 490.92M 516.38M 554.52M 453.27M 359.33M
Deferred long term liab - - - - -
Other current liab 19.49M 21.04M 17.20M 11.28M 10.82M
Common stock 407.26M 407.26M 407.26M 356.62M 310.12M
Capital stock 407.26M 407.26M 407.26M 356.62M 310.12M
Retained earnings 83.65M 109.12M 147.25M 96.65M 49.21M
Other liab - - - - -
Good will - - - - -
Other assets - 7.59M 9.76M 0.00000M -
Cash 1.92M 5.45M 5.18M 0.79M 2.33M
Cash and equivalents - 5.45M 5.18M 0.79M 2.33M
Total current liabilities 19.57M 21.80M 17.99M 11.79M 14.16M
Current deferred revenue - - - - -
Net debt 241.29M 257.97M 294.43M 179.98M 73.50M
Short term debt - 0.00000M 0.00000M 0.00000M 0.00000M
Short long term debt - - - - -
Short long term debt total 243.20M 263.42M 299.61M 180.77M 75.83M
Other stockholder equity - - - - -
Property plant equipment - - - - -
Total current assets 8.93M 21.11M 10.05M 8.18M 3.46M
Long term investments - - - - -
Net tangible assets - - - - -
Short term investments - - - - -
Net receivables 3.19M 1.42M 1.29M 0.72M 0.86M
Long term debt 243.20M 263.42M 299.61M 180.77M 75.83M
Inventory - 12.08M 0.36M - -
Accounts payable 0.08M 0.76M 0.79M 0.51M 3.34M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 0.00000M - - - -
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 4.25M 781.76M 863.07M - -
Deferred long term asset charges - - - - -
Non current assets total 744.93M 781.76M 863.07M 638.61M 448.16M
Capital lease obligations - - - - -
Long term debt total - 263.42M 299.61M 180.77M 75.83M
Breakdown 2024-06-30 2023-06-30 2022-06-30 2021-06-30 2020-06-30
Type yearly yearly yearly yearly yearly
Date 2024-06-30 2023-06-30 2022-06-30 2021-06-30 2020-06-30
Investments 21.29M 33.35M -167.92400M -151.74900M -61.80500M
Change to liabilities - - - - -
Total cashflows from investing activities - 33.35M -167.92400M -151.74900M -61.80500M
Net borrowings - - - - -
Total cash from financing activities -50.00000M -67.48300M 143.26M 125.81M 41.48M
Change to operating activities - - - - -
Net income 3.41M -8.38000M 82.64M 73.82M 45.80M
Change in cash -3.53600M 0.28M 4.39M -1.54500M 2.04M
Begin period cash flow 5.45M 5.18M 0.79M 2.33M 0.29M
End period cash flow 1.92M 5.45M 5.18M 0.79M 2.33M
Total cash from operating activities 25.17M 34.41M 29.06M 24.40M 22.37M
Issuance of capital stock - - 55.50M 45.00M 100.71M
Depreciation - - - - -
Other cashflows from investing activities - 33.35M -167.92400M -151.74900M -61.80500M
Dividends paid 29.17M 30.13M 29.98M 23.18M 18.60M
Change to inventory - - - - -4.18600M
Change to account receivables - 0.33M -1.08800M 0.08M -1.06200M
Sale purchase of stock - 0.00000M -5.65000M -0.90600M -2.02000M
Other cashflows from financing activities 21.29M 146.94M 876.35M 104.89M -38.61500M
Change to netincome - - - - -
Capital expenditures 1.54M 0.08M 12.21M 5.12M 1.52M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -3.86600M 4.32M -0.55800M -4.20100M -0.76100M
Stock based compensation - - - - -
Other non cash items 25.63M 38.49M -51.58800M -48.73600M -26.55700M
Free cash flow 23.63M 34.41M 29.06M 24.40M 22.37M

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
0.02 0.68% 2.98 144.00 - 6.93 0.82 11.27 44.29
SCG
Scentre Group Ltd
-0.04 1.15% 3.43 43.50 16.45 7.14 1.04 13.47 30.36
URW
Unibail-Rodamco-Westfield SE
-0.07 1.16% 5.96 - 7.66 5.66 0.61 10.75 750.38
VCX
Vicinity Centres Re Ltd
-0.01 0.49% 2.05 17.08 14.86 7.11 0.89 10.63 19.02
RGN
Region Group Limited
-0.01 0.46% 2.15 211.00 15.85 6.59 178.13 10.79 49.91

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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