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 6,134 - -
Change - -12.16% -17.12% 2.59% -19.04% 6.22% - -
Enterprise Value (EV) 1 14,418 13,611 11,809 11,790 5,775 10,740 10,752 10,886
Change - -5.6% -13.24% -0.16% -51.02% 85.97% 0.11% 1.25%
P/E 5.99x -11.1x -4.4x 52.4x 12.5x 9.56x 9.24x 8.96x
PBR 0.7x 0.68x 0.68x 0.72x - 0.65x 0.61x 0.59x
PEG - 0x -0x -0x 0x 0.2x 2.67x 2.81x
Capitalization / Revenue 10.9x 9.89x 7.71x 7.5x 8.13x 6.74x 6.45x 6.14x
EV / Revenue 16.5x 16x 13.1x 12.4x 8.13x 11.8x 11.3x 10.9x
EV / EBITDA 15.5x 15.1x 13.5x 13x 6.25x 14.6x 13.6x 13x
EV / EBIT 15.8x 15.3x 13.7x 13.3x 6.41x 14x 13.1x 12.5x
EV / FCF 26x 24.8x 25.3x 16x - 25.5x 36.8x 27.5x
FCF Yield 3.85% 4.02% 3.95% 6.26% - 3.93% 2.72% 3.64%
Dividend per Share 2 0.532 0.516 0.48 0.37 - 0.3691 0.3726 0.3892
Rate of return 5.99% 6.62% 7.41% 5.56% - 6.43% 6.49% 6.78%
EPS 2 1.484 -0.7 -1.473 0.1268 0.4334 0.6003 0.6211 0.6409
Distribution rate 35.9% -73.7% -32.6% 292% - 61.5% 60% 60.7%
Net sales 1 874.3 848.4 902.2 951.2 710 909.8 950.9 998.4
EBITDA 1 928.4 899.9 876.9 903.6 923.6 736.4 791.8 834.5
EBIT 1 914.6 891.5 863 885.5 901.4 766.4 820.4 867.7
Net income 1 1,583 -752.7 -1,584 136.1 482.2 605.4 622.5 625.8
Net Debt 1 4,867 5,222 4,856 4,657 - 4,606 4,618 4,752
Reference price 2 8.880 7.800 6.480 6.650 5.400 5.740 5.740 5.740
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 8/16/22 8/15/23 8/19/24 8/19/25 8/19/26 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
9.56x11.81x14.59x6.43% 4.4B
32.61x7.37x12.98x4.22% 10.8B
25.35x16.59x26.99x3.88% 7.12B
23.55x16.09x26.91x4.33% 5.43B
165.97x7.95x12.41x4.34% 4.89B
37.73x12.15x15.87x6.45% 4.32B
152.02x7.84x13.67x5.95% 4.25B
26.2x8.72x16.17x3.43% 4.21B
-26.13x10.26x24.06x4.33% 4.07B
8.19x19.7x23.59x5.93% 3.91B
Average 45.50x 11.85x 18.72x 4.93% 5.34B
Weighted average by Cap. 44.18x 11.56x 18.51x 4.77%

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