Company Valuation: Vicinity Centres

Data adjusted to current consolidation scope
Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 8,353 8,399 8,422 11,270 11,972 11,090 - -
Change - 0.54% 0.27% 33.82% 6.23% -7.36% - -
Enterprise Value (EV) 1 12,050 12,280 12,602 15,648 16,397 15,773 15,905 16,014
Change - 1.9% 2.63% 24.17% 4.79% -3.8% 0.83% 0.69%
P/E 6.89x 33.4x 15.4x 11.2x 8.56x 15x 13.4x 13.8x
PBR 0.77x 0.79x 0.79x 1.01x 0.98x 0.88x 0.85x 0.81x
PEG - -0.4x 0x 0.1x 0.2x -0.3x 1.1x -4.91x
Capitalization / Revenue 9.77x 8.74x 8.88x 11.6x 12.1x 10.5x 10x 9.42x
EV / Revenue 14.1x 12.8x 13.3x 16.2x 16.6x 14.9x 14.3x 13.6x
EV / EBITDA 15.7x 14.2x 14.1x 17.7x 18.1x 16.2x 15.5x 14.9x
EV / EBIT 15.8x 14.2x 14.1x 17.7x 18.2x 16.2x 15.8x 14.9x
EV / FCF 36x 33.4x 35.7x 72.5x 67.7x 38.8x 28.4x 25.4x
FCF Yield 2.78% 2.99% 2.8% 1.38% 1.48% 2.58% 3.52% 3.94%
Dividend per Share 2 0.104 0.12 0.1175 0.12 0.124 0.1323 0.137 0.1425
Rate of return 5.67% 6.5% 6.35% 4.86% 4.81% 5.53% 5.73% 5.96%
EPS 2 0.2664 0.0553 0.1199 0.2199 0.3014 0.1596 0.1788 0.1738
Distribution rate 39% 217% 98% 54.6% 41.1% 82.9% 76.6% 82%
Net sales 1 855.3 960.7 948.1 967.7 987.6 1,056 1,110 1,178
EBITDA 1 766.1 864 895.6 885.8 904.2 972.5 1,025 1,078
EBIT 1 760.6 864 895.6 881.6 900.1 972.7 1,009 1,077
Net income 1 1,215 252.3 547.1 1,005 1,391 756.3 874.5 879.8
Net Debt 1 3,697 3,881 4,181 4,377 4,425 4,683 4,814 4,924
Reference price 2 1.835 1.845 1.850 2.470 2.580 2.390 2.390 2.390
Nbr of stocks (in thousands) 4,552,275 4,552,275 4,552,275 4,562,878 4,640,336 4,640,336 - -
Announcement Date 16/8/22 15/8/23 19/8/24 19/8/25 19/8/26 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.07x14.98x16.27x5.63% 7.83B
33.67x18.02x22.62x3.38% 120B
32.41x14.43x18.53x4.24% 68.69B
37.69x14.88x15.38x5.74% 53.59B
18.34x15.52x17.65x1.13% 38.49B
13.97x24.8x27.16x3.59% 16.38B
27.58x10.94x15.04x4.53% 15.9B
8.31x11.88x14.55x6% 14.79B
18.13x16.2x23.54x5.31% 14.13B
29.8x11.31x16.56x4.09% 13.57B
Average 23.50x 15.30x 18.73x 4.36% 36.36B
Weighted average by Cap. 29.07x 15.97x 19.47x 3.97%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Vicinity Centres

Historical PBR trend

Valuation ratios - PBR - Vicinity Centres

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Vicinity Centres

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Vicinity Centres


Year-on-year evolution of the Yield

Valuation ratios - Yield - Vicinity Centres
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