Vicinity Centres

Vicinity Centres

1.59
EUR
-0.02
(-1.24%)
0.18EPS
8.67P/E
7.36BMarket Cap
Feb 17Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
Revenue per Share
0.37
0.32
0.34
0.33
0.34
0.34
0.32
0.24
0.26
0.28
0.29
0.29
0.3
Basic EPS, GAAP
0.31
0.26
0.24
0.4
0.32
0.09
-0.48
-0.06
0.27
0.06
0.12
0.22
0.3
Free Cash Flow per Basic Share
0.17
0.16
0.19
0.18
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.16
0.11
0.17
0.18
0.17
0.16
0.16
0.03
0.11
0.12
0.12
0.11
0.08
Book Value per Share
2.54
2.7
2.76
2.99
3.15
3.1
2.35
2.19
2.41
2.36
2.36
2.46
2.64
Tangible Book Value per Share
2.39
2.47
2.61
2.84
3
2.94
2.31
2.15
2.38
2.32
2.32
2.42
2.61
Basic Weighted Avg Shares
1,415
2,619
3,925
3,925
3,860
3,797
3,775
4,512
4,513
4,513
4,513
4,516
4,565
Sales/Revenue/Turnover
520
831
1,326
1,302
1,330
1,282
1,213
1,096
1,180
1,275
1,317
1,322
1,360
Operating Margin (%)
56.46
59.18
64.7
64.37
63.79
61.61
16.21
54.92
56.37
61.53
57.82
57.95
56.71
Depreciation Expense
2
3
- -
- -
5
4
433
- -
6
5
5
4
4
Net Income, GAAP
441
675
961
1,584
1,219
346
-1,801
-258
1,215
272
547
1,005
1,391
Effective Tax Rate (%)
- -
0.74
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
84.86
81.21
72.44
121.62
91.65
27
-148.52
-23.54
103
21.3
41.54
76
102.28
Working Capital
-169
-1,795
-459
-462
-456
-790
5
-278
-174
-304
-458
-1,125
-314
LT Debt
1,178
2,985
3,950
4,096
4,601
4,242
4,066
3,636
4,074
4,133
4,129
3,771
4,746
Total Equity
3,589
10,596
10,849
11,748
12,108
11,589
10,560
9,881
10,885
10,638
10,639
11,128
12,145
Return on Invested Capital (%)
6.02
4.92
3.74
5.41
5.2
4.79
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
10.58
8.31
7.59
11.27
8.57
3.22
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
12.7
9.52
8.96
14.02
10.22
2.92
-16.26
-2.52
11.7
2.52
5.14
9.23
11.96

Capital Structure

AUD

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

AUD

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

AUD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.34%
4.33%
9.14%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
-116.09%
-85.01%
38.48%
Sales/Revenue/Turnover
0.4%
4.45%
2.9%
Total Cash Common Dividend
11.63%
40.92%
-28.35%

Semi-annual Revenue

AUD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1,317
2025
- -
- -
1,322
2026
- -
- -
1,360

Semi-annual Earnings Per Share

AUD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.12
2025
- -
- -
0.22
2026
- -
- -
0.3

Semi-annual Dividends Per Share

AUD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.12
2025
- -
- -
0.11
2026
- -
- -
0.08

Company Description

CEO
Peter Huddle
Full Time Employees
1,246
Sector
Finance
Industry
Real estate investment trusts
Address
Chadstone Tower One Chadstone VIC Australia 3148
IPO Date
Aug 17, 2005
Business
Vicinity Centres (ASX:VCX), one of Australia's leading retail property groups, owns, develops, manages and invests in a diversified portfolio of over 50 retail destinations including premium shopping centres, iconic urban assets and neighbourhood properties; key holdings encompass Chadstone in Melbourne, Australia's largest shopping centre by turnover, Queen Victoria Building and The Strand Arcade in Sydney, Chatswood Chase, Galleria in Perth, Bankstown Central and DFO South Wharf, alongside regional centres such as Lakeside Joondalup and smaller community malls providing everyday essentials to over 64% of Australians within a 30-minute drive; the company derives the majority of its income from property rents with additional revenue from management fees, leasing services enhanced by proprietary data analytics for customer insights and omnichannel retail strategies, property development including mixed-use projects with residential apartments, offices and hotels, and funds management for third-party capital partners; operations span Australia with a focus on New South Wales, Victoria and Queensland; founded through the 2015 merger of Federation Centres and Novion Property Group with headquarters at Chadstone Shopping Centre in Melbourne, the group employs around 1,200 staff and maintains a portfolio value exceeding A$14 billion across approximately 2.5 million square metres of leasable space. In recent developments, Vicinity Centres reported FY25 statutory net profit doubling to A$1.0 billion, Funds From Operations of A$674 million at the top of guidance, and raised annual distributions to 12.0 cents per security amid 99.5% portfolio occupancy and 3.7% comparable net property income growth; the company exceeded asset sales targets by divesting nearly A$460 million in non-strategic assets including half-shares in Roselands Centre and Carlingford Court for A$287 million, while acquiring a 50% stake in Lakeside Joondalup for A$420 million to bolster premium exposure; major project milestones include the reopening of redeveloped Chatswood Chase with over 60 new retailers and LVMH partnership extension, completion of Chadstone's Market Pavilion and One Middle Road office tower, launch of Galleria Perth revitalisation targeting Christmas 2026 finish, and advancement of mixed-use developments at Bankstown Central as a health-education precinct and Buranda Village with offices, apartments and community spaces.

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