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Vicinity Centres is a reit-retail business based in Australia. Vicinity Centres shares (VCX) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Vicinity Centres has a trailing 12-month revenue of around $1.2 billion. If you're looking to buy shares, check out the steps below.
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| 52-week range | $1.4238 - $1.95 |
|---|---|
| 50-day moving average | $1.8472 |
| 200-day moving average | $1.7675 |
| Target price | $1.98 |
| PE ratio | 10.6686 |
| Dividend yield | $0.113 (5.99%) |
| Earnings per share (TTM) | $0.172 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Historical closes compared with the last close of A$1.86
| 1 week (2022-06-16) | 7.83% |
|---|---|
| 1 month (2022-05-26) | 0.27% |
| 3 months (2022-03-25) | -0.80% |
| 6 months (2021-12-24) | 9.73% |
| 1 year (2021-06-25) | 12.73% |
|---|---|
| 2 years (2020-06-26) | 30.07% |
| 3 years (2019-06-26) | -27.91% |
| 5 years (2017-06-23) | -32.61% |
Valuing Vicinity Centres stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Vicinity Centres's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Vicinity Centres's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 11x. In other words, Vicinity Centres shares trade at around 11x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Vicinity Centres's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $665.9 million (£0.0 million).
The EBITDA is a measure of a Vicinity Centres's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $1.2 billion |
|---|---|
| Operating margin TTM | 55.82% |
| Gross profit TTM | $997.5 million |
| Return on assets TTM | 2.79% |
| Return on equity TTM | 7.64% |
| Profit margin | 66.48% |
| Book value | 2.314 |
| Market capitalisation | $8.4 billion |
TTM: trailing 12 months
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Vicinity Centres.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Total ESG risk: 5.64
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Vicinity Centres's overall score of 5.64 (as at 01/01/2019) is excellent – landing it in it in the 1st percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Vicinity Centres is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Environmental score: 2.61/100
Vicinity Centres's environmental score of 2.61 puts it squarely in the 1st percentile of companies rated in the same sector. This could suggest that Vicinity Centres is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Social score: 2.81/100
Vicinity Centres's social score of 2.81 puts it squarely in the 1st percentile of companies rated in the same sector. This could suggest that Vicinity Centres is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Governance score: 3.33/100
Vicinity Centres's governance score puts it squarely in the 1st percentile of companies rated in the same sector. That could suggest that Vicinity Centres is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Vicinity Centres Re Ltd was last rated for ESG on: 2019-01-01.
| Total ESG score | 5.64 |
|---|---|
| Total ESG percentile | 0.56 |
| Environmental score | 2.61 |
| Environmental score percentile | 1 |
| Social score | 2.81 |
| Social score percentile | 1 |
| Governance score | 3.33 |
| Governance score percentile | 1 |
Dividend payout ratio: 66.47% of net profits
Recently Vicinity Centres has paid out, on average, around 66.47% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.99% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Vicinity Centres shareholders could enjoy a 5.99% return on their shares, in the form of dividend payments. In Vicinity Centres's case, that would currently equate to about A$0.113 per share.
Vicinity Centres's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 21 February 2022 (the "ex-dividend date").
Over the last 12 months, Vicinity Centres's shares have ranged in value from as little as $1.4238 up to $1.95. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Vicinity Centres's is 1.5353. This would suggest that Vicinity Centres's shares are more volatile than the average for this exchange and represent, relatively speaking, a higher risk (but potentially also market-beating returns).
Vicinity Centres (Vicinity or the Group) is one of Australia's leading retail property groups. With a fully integrated asset management platform, and $24 billion in retail assets under management across 63 shopping centres, it is the second largest listed manager of Australian retail property. Vicinity has a Direct Portfolio with interests in 60 shopping centres (including the DFO Brisbane business) and manages 31 assets on behalf of Strategic Partners, 28 of which are co-owned by the Group. Vicinity is listed on the Australian Securities Exchange (ASX) under the code "VCX' and has over 28,000 securityholders. Vicinity also has European medium term notes listed on the ASX under the code "VCD'.
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