Vicinity Centres (VCX.AX) Stock Price
Vicinity Centres Price
Revenue has compounded at 15.1% per year over the past 19 years to 1.37 B AUD. Earnings per share have declined at 4.6% per year over the last 19 years. Vicinity Centres's net margin stands at 101.9%, broadly stable from 102.8% several years earlier. Vicinity Centres currently offers a dividend yield of about 5.21%. The payout ratio is around 118% of earnings. Analysts set a median price target of 2.74 AUD, implying 16.8% above the current price. Of 17 analysts, 2 rate the stock a buy — an overall Sell consensus.
Vicinity Centres stock price
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Vicinity Centres business model & stock analysis
Frequently asked questions about Vicinity Centres
Vicinity Centres is an Australian real estate investment trust (REIT) that specializes in owning and managing shopping centers across the country. Established in 1976 as Westfield Property Trust, it evolved into Vicinity Centres in 2015. With a rich history spanning over four decades, Vicinity has cemented its position as one of Australia's leading retail property groups. The company focuses on creating vibrant, innovative, and sustainable shopping destinations that cater to the evolving needs of consumers. Known for its strong portfolio of iconic retail properties, Vicinity Centres remains committed to delivering exceptional experiences for retailers and shoppers alike.
Vicinity Centres operates as a leading retail property company in Australia. Their business model revolves around owning, developing, and managing a diverse portfolio of high-quality shopping centers. With a focus on creating exceptional retail experiences, Vicinity Centres aims to cater to the needs and preferences of shoppers while delivering long-term value for their investors. By strategically curating a mix of retailers, implementing innovative technologies, and providing attractive amenities, Vicinity Centres strives to foster thriving retail environments that attract both local and international brands.
Vicinity Centres is primarily active in the retail and real estate industries.
The main competitors of Vicinity Centres in the market are Westfield Corporation and Stockland Corporation.
Some significant milestones achieved by Vicinity Centres include the successful completion of major redevelopment projects such as Chatswood Chase and the Victoria Gardens Shopping Centre in Australia. The company has also established strong partnerships with leading international retailers to enhance the shopping experience for customers. Furthermore, Vicinity Centres has implemented various sustainability initiatives, including the installation of solar power systems and the introduction of recycling programs in its properties. In addition, the company has received recognition for its industry-leading technology advancements, such as the deployment of smart parking technology and digital marketing solutions. Vicinity Centres continues to strive for innovation and excellence in the retail property industry.
Vicinity Centres is primarily present in Australia.
Vicinity Centres is a leading Australian retail property group committed to delivering exceptional shopping experiences. The company's values and corporate philosophy revolve around three key pillars: enriching community experiences, driving sustainable growth, and fostering fruitful partnerships. Vicinity Centres aims to create vibrant and inclusive spaces where people can connect, shop, and be entertained. Through a customer-centric approach, the company strives to understand and meet the evolving needs and expectations of its customers. Vicinity Centres also places a strong emphasis on sustainability and responsible business practices, ensuring positive environmental and social impact. With a focus on collaboration and innovation, Vicinity Centres continues to shape the future of retail experiences.
Analysts currently set an average price target of 2.68 AUD for the Vicinity Centres stock (median: 2.74 AUD), implying +14.0 % versus the latest price. The consensus is based on 17 analyst ratings.
15 analysts currently rate the Vicinity Centres stock: 6 recommend buying, 7 holding and 2 selling.
Converted at the current exchange rate, the Vicinity Centres share trades at 1.45 EUR (2.35 AUD).
The Vicinity Centres share (VCX.AX) is listed on 5 stock exchanges, including: SIX (Zürich) (C98.SW), ASX (VCX.AX), Frankfurt (C98.F), München (C98.MU).
Vicinity Centres is a leading company in the shopping center industry based in Australia. The company's business model is based on the development, ownership, and operation of shopping centers in Australia. The company offers a wide range of retail stores, restaurants, cinemas, and other leisure facilities. It operates large shopping centers with a total area of over 2.7 million square meters. As part of its business model, Vicinity Centres develops innovative and trend-driven shopping centers. The products and services offered in the shopping centers are tailored to the needs of the local communities. This allows customers not only to purchase products but also to enjoy a social-cultural experience. The company operates various divisions including shopping centers, factory outlets, community centers, and hotels. Each division has its own characteristics and target audience. The shopping centers are the core business of the company, consisting of large retail spaces with various shops and services. In addition to the shopping centers, the company also operates factory outlets, which are retail spaces offering products at heavily discounted prices. These outlets are typically located outside city centers. The community centers operated by the company are smaller retail spaces located in suburbs. These centers are focused on meeting the basic needs of residents but also offer various services. The hotels operated by the company are located in larger shopping centers and offer accommodations for customers who require longer travel distances. The company follows a dynamic approach in managing its assets. Financial, strategic, and operational priorities are formulated and implemented based on in-depth analysis of the market and customer demand. The company also develops various strategies to improve its business performance, including the use of data and technology to optimize the marketing of shopping centers and the products offered. Additionally, the company prioritizes sustainability and aims to achieve carbon neutrality by 2030. To achieve this goal, the company is committed to reducing electricity consumption, increasing the use of renewable energy, and using sustainable materials. In conclusion, Vicinity Centres is a leading company in the development, ownership, and operation of shopping centers in Australia. The company operates various divisions including shopping centers, factory outlets, community centers, and hotels. The products and services offered in the shopping centers are tailored to the needs of the local communities. The company focuses on improving its business performance and the sustainability of its operations.
The revenue of Vicinity Centres is 1.37 B AUD. This figure is based on current financial data and reflects the company's business performance.
The profit of Vicinity Centres is 1.39 B AUD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of Vicinity Centres is currently 7.85. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Vicinity Centres stock.
The price-to-sales ratio (P/S) of Vicinity Centres is currently 8.00. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Vicinity Centres stock.
The Eulerpool Quality Score for Vicinity Centres is 3/10.
The ISIN of Vicinity Centres is AU000000VCX7. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of Vicinity Centres is A143BG. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of Vicinity Centres is VCX.AX. The ticker symbol is used to trade Vicinity Centres shares on the stock exchange.
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All fundamentals and in-depth analysis of Vicinity Centres
Our stock analysis for Vicinity Centres stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Vicinity Centres. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.