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Vicinity Centres VCX

Morningstar Rating
A$1.87 −0.01 (0.53%)
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Price vs Fair Value

VCX is trading at a 13% discount.
Price
A$1.88
Fair Value
A$8.26
Uncertainty
Medium
1-Star Price
A$4.20
5-Star Price
A$6.69
Economic Moat
Ddnxr
Capital Allocation
Yhkbytjx
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Trading Information

Previous Close Price
A$1.88
Day Range
A$1.871.90
52-Week Range
A$1.672.15
Bid/Ask
A$1.87 / A$1.88
Market Cap
A$8.51 Bil
Volume/Avg
9.9 Mil / 9.7 Mil

Key Statistics

Price/Earnings (Normalized)
15.52
Price/Sales
6.62
Dividend Yield (Trailing)
6.44%
Dividend Yield (Forward)
6.22%
Total Yield
6.29%

Company Profile

Vicinity was created after the merger of Federation Centres and Novion in June 2015, creating one of Australia's largest retail REITs. Its directly and indirectly owned assets have a book value of about AUD 14 billion. The assets are skewed to large, high-end shopping centers, with about half in major regional malls, a fifth in subregional, 15% in CBD locations, 13% in outlet centers, and 1% in neighborhood malls.
Sector
Real Estate
Industry
REIT - Retail
Stock Style Box
Mid Value
Total Number of Employees

Competitors

Valuation

Metric
VCX
SGP
SCG
Price/Earnings (Normalized)
15.5220.1514.61
Price/Book Value
0.811.040.91
Price/Sales
6.624.106.47
Price/Cash Flow
12.7873.7515.17
Price/Earnings
VCX
SGP
SCG

Financial Strength

Metric
VCX
SGP
SCG
Quick Ratio
0.850.600.13
Current Ratio
0.941.760.28
Interest Coverage
1.411.350.24
Quick Ratio
VCX
SGP
SCG

Profitability

Metric
VCX
SGP
SCG
Return on Assets (Normalized)
2.05%1.91%0.48%
Return on Equity (Normalized)
2.99%3.19%0.96%
Return on Invested Capital (Normalized)
2.10%1.43%0.41%
Return on Assets
VCX
SGP
SCG
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REG
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STGPF
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