Valuation Vicinity Centres

Equities

Market Closed - Australian S.E. Other stock markets 12:10:28 2025-01-22 am EST			5-day change	1st Jan Change
2.140 ^AUD	0.00%		0.00%	+1.90%

Dec. 20	Australian Shares End Week Lower Amid US Inflation Jitters; Wesfarmers Agrees to Sell Coregas to Nippon Sanso Unit	MT
Dec. 19	Vicinity Centres Fetches AU$457 Million via Asset Disposals in Fiscal 2025	MT

Data adjusted to current consolidation scope

Fiscal Period: June	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	6,477	7,033	8,353	8,399	8,422	9,742	-	-
Change	-	8.58%	18.77%	0.54%	0.27%	15.68%	-	-
Enterprise Value (EV) ¹	10,180	10,268	12,050	12,280	12,602	14,523	14,743	14,761
Change	-	0.87%	17.36%	1.9%	2.63%	15.24%	1.51%	0.12%
P/E ratio	-3.02x	-27.2x	6.89x	33.4x	15.4x	14.6x	14x	13.3x
PBR	0.61x	0.71x	0.77x	0.79x	0.79x	0.9x	0.87x	0.83x
PEG	-	0.3x	-0x	-0.4x	0x	0.7x	2.89x	2.71x
Capitalization / Revenue	8.77x	8.91x	9.77x	8.74x	8.88x	10.1x	9.85x	9.13x
EV / Revenue	13.8x	13x	14.1x	12.8x	13.3x	15.1x	14.9x	13.8x
EV / EBITDA	14.5x	14.6x	15.7x	14.2x	14.1x	16.6x	16x	15.2x
EV / EBIT	14.6x	14.6x	15.8x	14.2x	14.1x	16.6x	16.1x	15.2x
EV / FCF	21.6x	21.2x	36x	33.4x	35.7x	47.2x	28.4x	24x
FCF Yield	4.62%	4.73%	2.78%	2.99%	2.8%	2.12%	3.52%	4.17%
Dividend per Share ²	0.077	0.1	0.104	0.12	0.1175	0.1203	0.1265	0.1335
Rate of return	5.38%	6.47%	5.67%	6.5%	6.35%	5.62%	5.91%	6.24%
EPS ²	-0.473	-0.0567	0.2664	0.0553	0.1199	0.1462	0.1532	0.1608
Distribution rate	-16.3%	-176%	39%	217%	98%	82.3%	82.5%	83%
Net sales ¹	738.4	789.1	855.3	960.7	948.1	959.8	988.9	1,067
EBITDA ¹	702.3	702.7	766.1	864	895.6	873.2	918.8	971.8
EBIT ¹	696.2	702.7	760.6	864	895.6	872.6	916.6	973.7
Net income ¹	-1,801	-258	1,215	252.3	547.1	663.9	690.8	728.8
Net Debt ¹	3,702	3,235	3,697	3,881	4,181	4,782	5,001	5,019
Reference price ²	1.430	1.545	1.835	1.845	1.850	2.140	2.140	2.140
Nbr of stocks (in thousands)	4,529,643	4,552,275	4,552,275	4,552,275	4,552,275	4,552,275	-	-
Announcement Date	8/18/20	8/17/21	8/16/22	8/15/23	8/19/24	-	-	-

¹AUD in Million²AUD

Estimates

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E ratio	EV / Sales	EV / EBITDA	Yield	Capi. ($)
VICINITY CENTRES	14.64x	15.13x	16.63x	+5.62%	6.1B
SIMON PROPERTY GROUP, INC.	26.01x	15.25x	19.09x	+4.60%	57.41B
KIMCO REALTY CORPORATION	43.85x	11.47x	16.82x	+4.32%	15.17B
REGENCY CENTERS CORPORATION	33.86x	12.47x	18.1x	+3.74%	13.03B
THE LINK REAL ESTATE INVESTMENT TRUST	12.28x	9.6x	14x	+8.12%	10.88B
BRIXMOR PROPERTY GROUP INC.	24.96x	10.08x	15.09x	+4.21%	7.93B
NNN REIT, INC.	19.29x	13.86x	14.98x	+5.68%	7.61B
AGREE REALTY CORPORATION	40.82x	16.89x	20.49x	+4.11%	7.56B
KITE REALTY GROUP TRUST	-3526.24x	9.83x	14.18x	+4.36%	5.17B
THE MACERICH COMPANY	192.8x	10.97x	15.35x	+3.37%	4.96B
Average	-311.77x	12.55x	16.47x	+4.81%	13.58B
Weighted average by Cap.	-101.51x	13.45x	17.51x	+4.77%