Vicinity Centres Share Price and Company Fundamentals



Price
$1.6
Change
-0.020 (-1.235%)
52 week
1.205 - 1.7775

Last traded: Today at 5:03 AM

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'.

Key Metrics

PE ratio

-

PB ratio

0.73

Dividend yield

2.10%

Beta

1.67

Market cap

$7.28B

Enterprise value

$10.97B

Company profile

Primary activitiesAREIT - Shopping centre owner and manager
Industry / SectorREIT—Retail / Real Estate
Websitehttp://www.vicinity.com.au
Mailing addressChadstone Tower One Level 4 1341 Dandenong Road Chadstone VIC 3148 Australia
Phone / Fax61 3 7001 4000 / 61 3 7001 4001
Share registryLINK MARKET SERVICES LIMITED

Dividends

More: Vicinity Centres Dividend history, yield and payout ratio

Dividend yield

2.10%

Dividend amount

$0.03

Payout ratio

5Y Avg. yield

6.39%

Vicinity Centres paid $0.03 dividend and the ex-dividend date was 29 June 2021.The dividend payout ratio is . The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.

VCX's forward dividend amount is $0.1 and the forward dividend yield is 6.37%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Aug 2021, following are the company executives and directors listed on Vicinity Centres.

NameTitleAgeTotal Pay
Mr. Grant Lewis KelleyCEO, MD & Director551.58M
Mr. Peter HuddleChief Operating Officer1.2M
Mr. Adrian ChyeActing CFO & Director of Strategy and Corp. Fin.
Jane KennyHead of Investor Relations
Ms. Carolyn Reynolds B.A. (Juris), LLM, LLB (Hons)Gen. Counsel & Company Sec.
Katherine RellosHead of Corp. Communications
Ms. Tanya SoutheyChief People & Culture Officer
Mr. Justin MillsChief Innovation & Information Officer
Ms. Carolyn VineyChief Devel. Officer
Mr. Ian PadghamActing Chief Information Officer

Profitability and management effectiveness

Profit margin

-242.21%

Operating margin

36.81%

Return on assets

1.48%

Return on equity

-22.63%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Vicinity Centres is 7.28B and its enterprise value is 10.97B. The enterprise value to revenue ratio of VCX is 10.90.

The VCX's stocks Beta value is 1.67 making it 67% more volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Companies similar to Vicinity Centres (VCX)

Vicinity Centres (ASX:VCX) Frequently Asked Questions

1. What is Vicinity Centres's Stock Symbol?

Vicinity Centres trades on ASX under the ticker symbol "VCX".

2. What is Vicinity Centres's stock price today?

One share of VCX stock can currently be purchased for approximately $1.6.

3. How can I contact Vicinity Centres?

Vicinity Centres's mailing address is Chadstone Tower One Level 4 1341 Dandenong Road Chadstone VIC 3148 Australia. The company can be reached via phone at 61 3 7001 4000.

4. What is Vicinity Centres's official website?

The official website of Vicinity Centres is http://www.vicinity.com.au.

5. Which share registry manages Vicinity Centres's stock?

Vicinity Centres's stock is managed by LINK MARKET SERVICES LIMITED.