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How to buy Vicinity Centres (VCX) shares in Australia

Learn how to easily invest in Vicinity Centres shares.

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.

How to buy shares in Vicinity Centres

To buy shares listed in Australia such as Vicinity Centres, you'll need to sign up to a broker with access to the ASX. Our table can help you compare share trading platforms and choose. Then follow these steps.

  1. Open and fund your brokerage account.
    Complete an application with your personal and financial details, including your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  2. Search for Vicinity Centres.
    Find the share by name or ticker symbol: VCX. Research its history to confirm it's a solid investment against your financial goals.
  3. Purchase now or later.
    Buy today with a market order or use a limit order to delay your purchase until Vicinity Centres reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
  4. Decide on how many to buy.
    At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  5. Check on your investment.
    Congratulations, you own a part of Vicinity Centres. Optimise your portfolio by tracking how your stock and the business performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that affect your stock.

Vicinity Centres stock price (ASX:VCX)

Use our graph to track the performance of VCX stocks over time.

Vicinity Centres shares at a glance

Information last updated 2024-05-23.
52-week range$1.6223 - $2.15
50-day moving average $1.9789
200-day moving average $1.9137
Target price$2.07
PE ratio 27.7857
Dividend yield $0.121 (6.02%)
Earnings per share (TTM) $0.07

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
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Is it a good time to buy Vicinity Centres stock?

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.

Vicinity Centres price performance over time

Historical closes compared with the last close of A$1.905

1 week (2024-05-20) -1.80%
1 month (2024-04-26) 1.06%
3 months (2024-02-27) -3.05%
6 months (2023-11-27) 7.02%
1 year (2023-05-26) 0.53%
2 years (2022-05-27) 1.60%
3 years (2021-05-27) 24.51%
5 years (2019-05-27) -29.18%

Is Vicinity Centres under- or over-valued?

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 P/E ratio

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 28x. In other words, Vicinity Centres shares trade at around 28x 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

Vicinity Centres's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $735.1 million (£0.0 million).

The EBITDA is a measure of a Vicinity Centres's overall financial performance and is widely used to measure stock profitability.

Vicinity Centres financials

Revenue TTM $1.2 billion
Operating margin TTM 60.09%
Gross profit TTM $997.5 million
Return on assets TTM 2.94%
Return on equity TTM 2.98%
Profit margin 25.61%
Book value 2.324
Market capitalisation $8.9 billion

TTM: trailing 12 months

Vicinity Centres's environmental, social and governance track record

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.

Vicinity Centres's total ESG risk score

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 12/31/2018) 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.).

Vicinity Centres's environmental score

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.

Vicinity Centres's social score

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.

Vicinity Centres's governance score

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.

Environmental, social, and governance (ESG) summary

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

Vicinity Centres share dividends

We're not expecting Vicinity Centres to pay a dividend over the next 12 months.

Vicinity Centres share price volatility

Over the last 12 months, Vicinity Centres's shares have ranged in value from as little as $1.6223 up to $2.15. A popular way to gauge a stock's volatility is its "beta".

VCX.AU volatility(beta: 1.52)Avg. volatility(beta: 1.00)LowHigh

Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Vicinity Centres's is 1.521. 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 overview

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 60 shopping centres, making it the second largest listed manager of Australian retail property. The Group has a Direct Portfolio with interests in 59 shopping centres (including the DFO Brisbane business) and manages 30 assets on behalf of Strategic Partners, 29 of which are co-owned by the Group. Vicinity is listed on the Australian Securities Exchange (ASX) under the code 'VCX' and has 24,000 securityholders. Vicinity also has European medium term notes listed on the ASX under the code 'VCD'.

Vicinity Centres in the news

There are no recent company news

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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