Company Valuation: DEXUS

Data adjusted to current consolidation scope
Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 9,551 8,389 6,953 7,133 5,775 6,017 - -
Change - -12.16% -17.12% 2.59% -19.04% 4.18% - -
Enterprise Value (EV) 1 14,418 13,611 11,809 11,790 10,291 10,590 10,669 10,814
Change - -5.6% -13.24% -0.16% -12.71% 2.9% 0.74% 1.36%
P/E 5.99x -11.1x -4.4x 52.4x 12.5x 9.38x 9.21x 8.87x
PBR 0.7x 0.68x 0.68x 0.72x 0.58x 0.63x 0.62x 0.6x
PEG - 0x -0x -0x 0x 0.2x 4.95x 2.3x
Capitalization / Revenue 10.9x 9.89x 7.71x 7.5x 8.13x 7.64x 7.29x 6.83x
EV / Revenue 16.5x 16x 13.1x 12.4x 14.5x 13.4x 12.9x 12.3x
EV / EBITDA 15.5x 15.1x 13.5x 13x 11.1x 14.4x 14x 13.5x
EV / EBIT 15.8x 15.3x 13.7x 13.3x 11.4x 14.2x 13.6x 13.3x
EV / FCF 26x 24.8x 25.3x 16x 21.8x 25.1x 36.7x 27.6x
FCF Yield 3.85% 4.02% 3.95% 6.26% 4.59% 3.98% 2.73% 3.62%
Dividend per Share 2 0.532 0.516 0.48 0.37 0.37 0.3682 0.3694 0.3857
Rate of return 5.99% 6.62% 7.41% 5.56% 6.85% 6.54% 6.56% 6.85%
EPS 2 1.484 -0.7 -1.473 0.1268 0.4334 0.6002 0.6113 0.6349
Distribution rate 35.9% -73.7% -32.6% 292% 85.4% 61.4% 60.4% 60.7%
Net sales 1 874.3 848.4 902.2 951.2 710 787.6 825.5 880.5
EBITDA 1 928.4 899.9 876.9 903.6 923.6 735.3 764.1 803.6
EBIT 1 914.6 891.5 863 885.5 901.4 747.8 781.9 815.5
Net income 1 1,583 -752.7 -1,584 136.1 482.2 602.2 607.4 624.7
Net Debt 1 4,867 5,222 4,856 4,657 4,516 4,573 4,652 4,797
Reference price 2 8.880 7.800 6.480 6.650 5.400 5.630 5.630 5.630
Nbr of stocks (in thousands) 1,075,565 1,075,565 1,073,020 1,072,665 1,069,489 1,068,719 - -
Announcement Date 16/08/22 15/08/23 19/08/24 19/08/25 19/08/26 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
9.38x13.45x14.4x6.54% 4.24B
33.33x17.89x22.45x3.42% 119B
32.25x14.38x18.47x4.26% 68.35B
37.3x14.78x15.28x5.8% 53.04B
18.28x15.47x17.6x1.13% 38.41B
13.83x24.64x26.98x3.63% 16.23B
27.23x10.84x14.91x4.59% 15.7B
8.29x11.87x14.53x6.02% 14.75B
18.05x16.15x23.47x5.33% 14.05B
29.36x11.19x16.38x4.15% 13.37B
Average 22.73x 15.07x 18.45x 4.49% 35.72B
Weighted average by Cap. 28.87x 15.87x 19.37x 4%

Y-o-Y evolution of P/E

Valuation ratios - P/E - DEXUS

Historical PBR trend

Valuation ratios - PBR - DEXUS

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - DEXUS

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - DEXUS


Year-on-year evolution of the Yield

Valuation ratios - Yield - DEXUS