Company Valuation: Vicinity Centres

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 7,033 8,353 8,399 8,422 11,270 12,297 - -
Change - 18.77% 0.54% 0.27% 33.82% 9.11% - -
Enterprise Value (EV) 1 10,268 12,050 12,280 12,602 15,648 17,164 17,284 17,343
Change - 17.36% 1.9% 2.63% 24.17% 9.69% 0.7% 0.34%
P/E -27.2x 6.89x 33.4x 15.4x 11.2x 12.2x 14.5x 16x
PBR 0.71x 0.77x 0.79x 0.79x 1.01x 1.03x 0.98x 0.94x
PEG - -0x -0.4x 0x 0.1x -12.71x -0.9x -1.73x
Capitalization / Revenue 8.91x 9.77x 8.74x 8.88x 11.6x 12.5x 11.6x 11x
EV / Revenue 13x 14.1x 12.8x 13.3x 16.2x 17.4x 16.4x 15.4x
EV / EBITDA 14.6x 15.7x 14.2x 14.1x 17.7x 19.2x 18.2x 17.3x
EV / EBIT 14.6x 15.8x 14.2x 14.1x 17.7x 19.1x 18.1x 17.2x
EV / FCF 21.2x 36x 33.4x 35.7x 72.5x 29.9x 29.2x 26.6x
FCF Yield 4.73% 2.78% 2.99% 2.8% 1.38% 3.35% 3.42% 3.76%
Dividend per Share 2 0.1 0.104 0.12 0.1175 0.12 0.1234 0.1312 0.1383
Rate of return 6.47% 5.67% 6.5% 6.35% 4.86% 4.66% 4.95% 5.22%
EPS 2 -0.0567 0.2664 0.0553 0.1199 0.2199 0.2178 0.1827 0.1658
Distribution rate -176% 39% 217% 98% 54.6% 56.7% 71.8% 83.4%
Net sales 1 789.1 855.3 960.7 948.1 967.7 985.1 1,056 1,123
EBITDA 1 702.7 766.1 864 895.6 885.8 895.9 950.3 1,002
EBIT 1 702.7 760.6 864 895.6 881.6 899 957.4 1,010
Net income 1 -258 1,215 252.3 547.1 1,005 982.4 813.2 818.9
Net Debt 1 3,235 3,697 3,881 4,181 4,377 4,867 4,987 5,046
Reference price 2 1.545 1.835 1.845 1.850 2.470 2.650 2.650 2.650
Nbr of stocks (in thousands) 4,552,275 4,552,275 4,552,275 4,552,275 4,562,878 4,640,336 - -
Announcement Date 17/08/21 16/08/22 15/08/23 19/08/24 19/08/25 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.12x17.38x19.11x4.68% 8.52B
34.26x15.02x19.41x4.12% 70.94B
30.1x11.37x15.86x4.22% 16.78B
32.29x11.84x17.82x3.82% 14.54B
14.99x10.92x15.86x6.68% 12.4B
26.39x10.27x15.08x4% 9.52B
40.4x15.86x19.05x4.09% 9.35B
22.83x14.23x15.65x5.19% 8.9B
-172.06x12.32x18.57x2.79% 7.35B
11.36x7.9x10.48x8.55% 6.59B
Average 5.27x 12.71x 16.69x 4.81% 16.49B
Weighted average by Cap. 20.24x 13.51x 17.76x 4.49%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. VCX Stock
  4. Valuation Vicinity Centres