Valuation: Convenience Retail REIT

Market Cap 370M 257M 225M 207M 192M 364M 24.53B 2.49B 968M 12.05B 964M 943M 41.74B P/E 2026 *
6.53x
P/E 2027 * 6.9x
Enterprise Value 606M 420M 368M 340M 314M 595M 40.15B 4.07B 1.58B 19.72B 1.58B 1.54B 68.32B EV / Sales 2026 *
11.5x
EV / Sales 2027 * 11.3x
Free-Float
93.81%
Yield 2026 *
7.66%
Yield 2027 * 7.52%
Manager TitleAgeSince
Corporate Secretary - 14/10/2022
General Counsel - 01/01/2022
Director TitleAgeSince
Chairman - 28/02/2022
Director/Board Member - 19/04/2022
Director/Board Member 51 17/10/2022
Change 5-day change 1-year change 3-year change Capi.($)
-0.66%+2.08% - - 251M
-3.57%-2.04%+32.75%+84.81% 73.68B
-1.27%-1.50%+17.73%+25.48% 17.06B
-1.26%-0.03%+14.02%+30.03% 14.74B
-1.50%-2.06%+19.50%+41.13% 9.62B
-0.61%+2.88%+8.28%+19.67% 9.4B
-1.16%+0.77%+8.19%+10.88% 9.03B
+1.55%+1.55%+3.15%+45.15% 8.3B
-2.82%-1.67%+53.76%+118.43% 7.58B
0.00%+0.87%+12.34%+20.97% 6.58B
Average -1.13%-0.42%+18.86%+44.06% 17.33B
Weighted average by Cap. -2.19%+0.36%+24.21%+59.08%

Financials

2026 *2027 *
Net sales 52.9M 36.66M 32.1M 29.63M 27.35M 51.94M 3.5B 355M 138M 1.72B 138M 135M 5.96B 55.57M 38.51M 33.72M 31.12M 28.73M 54.56M 3.68B 373M 145M 1.81B 145M 141M 6.26B
Net income 57.2M 39.64M 34.71M 32.04M 29.58M 56.16M 3.79B 384M 149M 1.86B 149M 146M 6.44B 54.05M 37.46M 32.8M 30.27M 27.95M 53.07M 3.58B 363M 141M 1.76B 141M 138M 6.09B
Net Debt 236M 164M 143M 132M 122M 232M 15.62B 1.58B 617M 7.67B 614M 601M 26.58B 257M 178M 156M 144M 133M 253M 17.05B 1.73B 673M 8.37B 670M 655M 29B
Logo Convenience Retail REIT
Dexus Convenience Retail REIT (the Fund) is an Australian real estate investment trust, which owns Australian service stations and convenience retail assets. The Fund's portfolio is valued at approximately $728 million, is predominantly located on Australia's eastern seaboard and leased to Australian and international convenience retail tenants. The portfolio has a long weighted average lease expiry and contracted annual rent increases, providing a high level of income security. The Fund has a conservative approach to capital management with a target gearing range of 25-40%. The Fund consists of three registered managed investment schemes domiciled in Australia: Convenience Retail REIT No. 1, Convenience Retail REIT No. 2 and Convenience Retail REIT No. 3. The Fund's manager is Convenience Retail Management Pty Ltd.
Employees
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Trader
Investor
Global
Quality
ESG MSCI
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