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 5.30%. The payout ratio is around 118% of earnings. Analysts set a median price target of 2.74 AUD, implying 18.8% above the current price. Of 17 analysts, 2 rate the stock a buy — an overall Sell consensus. The stock trades about 2% above its 52-week low.
Vicinity Centres stock price
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Stock Price
ⓘHow to Read This Chart
This chart tracks the historical stock price of Vicinity Centres over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.
Total Return vs. Price Return
The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.
Intraday Price Data
When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Vicinity Centres stock reacts to market openings, earnings releases, or breaking news throughout the trading session.
What to Look For
Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Vicinity Centres's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.
| Date | Vicinity Centres Price |
|---|---|
| 9/21/2026 | 2.31 AUD |
| 9/18/2026 | 2.32 AUD |
| 9/17/2026 | 2.36 AUD |
| 9/16/2026 | 2.36 AUD |
| 9/15/2026 | 2.37 AUD |
| 9/14/2026 | 2.37 AUD |
| 9/11/2026 | 2.38 AUD |
| 9/10/2026 | 2.37 AUD |
| 9/9/2026 | 2.41 AUD |
| 9/8/2026 | 2.44 AUD |
| 9/7/2026 | 2.50 AUD |
| 9/4/2026 | 2.54 AUD |
| 9/3/2026 | 2.48 AUD |
| 9/2/2026 | 2.49 AUD |
| 9/1/2026 | 2.49 AUD |
| 8/31/2026 | 2.51 AUD |
| 8/28/2026 | 2.48 AUD |
| 8/27/2026 | 2.47 AUD |
| 8/26/2026 | 2.52 AUD |
| 8/25/2026 | 2.52 AUD |
| 8/24/2026 | 2.58 AUD |
| 8/21/2026 | 2.60 AUD |
| 8/20/2026 | 2.63 AUD |
| 8/19/2026 | 2.53 AUD |
| 8/18/2026 | 2.58 AUD |
| 8/17/2026 | 2.63 AUD |
| 8/14/2026 | 2.67 AUD |
| 8/13/2026 | 2.67 AUD |
| 8/12/2026 | 2.67 AUD |
| 8/11/2026 | 2.69 AUD |
Vicinity Centres Revenue, EBIT, Net Income
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Vicinity Centres Income Statement, Balance Sheet, Cash Flow Statement
| REVENUEB AUD |
|---|
| REVENUE GROWTH% |
| GROSS MARGIN% |
| GROSS INCOMEB AUD |
| EBITB AUD |
| EBIT MARGIN% |
| NET INCOMEB AUD |
| NET INCOME GROWTH% |
| DIVIDENDDIV.AUD |
| DIVIDEND GROWTHDIV. GROWTH% |
| SHARESB |
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027e | 2028e | 2029e | 2030e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.87 | 1.34 | 1.33 | 1.36 | 1.31 | 1.22 | 1.11 | 1.18 | 1.23 | 1.31 | 1.32 | 1.37 | 1.06 | 1.11 | 1.16 | 1.24 |
| 66.92 | 53.80 | -0.45 | 2.48 | -4.19 | -6.82 | -8.63 | 6.39 | 4.06 | 6.67 | 0.69 | 3.33 | -22.71 | 5.12 | 4.15 | 7.71 |
| 77.65 | 75.81 | 75.02 | 74.82 | 73.26 | 73.85 | 68.23 | 72.00 | 71.54 | 69.82 | 71.54 | 70.70 | 70.70 | 70.70 | 70.70 | 70.70 |
| 0.67 | 1.01 | 1.00 | 1.02 | 0.96 | 0.90 | 0.76 | 0.85 | 0.88 | 0.92 | 0.95 | 0.97 | 0.75 | 0.78 | 0.82 | 0.88 |
| 0.56 | 1.07 | 0.85 | 0.81 | 0.81 | 0.69 | 0.50 | 0.78 | 0.79 | 0.80 | 0.99 | 0.72 | 1.13 | 1.18 | 1.21 | 1.28 |
| 64.29 | 79.78 | 64.11 | 59.62 | 62.30 | 56.91 | 45.00 | 65.99 | 64.31 | 60.98 | 75.02 | 52.45 | 107.11 | 106.13 | 105.11 | 103.14 |
| 0.68 | 0.96 | 1.58 | 1.22 | 0.35 | -1.80 | -0.26 | 1.22 | 0.27 | 0.55 | 1.00 | 1.39 | 0.71 | 0.75 | 0.82 | 0.84 |
| 53.06 | 42.22 | 64.90 | -23.06 | -71.59 | -620.52 | -85.79 | -574.61 | -77.70 | 101.85 | 83.55 | 38.55 | -48.67 | 4.90 | 8.95 | 3.19 |
| 0.17 | 0.18 | 0.17 | 0.16 | 0.16 | 0.03 | 0.13 | 0.09 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | – |
| – | 5.88 | -5.56 | -5.88 | – | -81.25 | 333.33 | -30.77 | 33.33 | – | – | – | – | – | – | – |
| 3.96 | 3.96 | 3.92 | 3.87 | 3.77 | 4.55 | 4.56 | 4.56 | 4.56 | 4.56 | 4.59 | 4.65 | 4.65 | 4.65 | 4.65 | 4.65 |
Details
Income Statement Key Figures
ⓘRevenue and Revenue Growth
Revenue is the starting point of every income statement — it measures the total sales Vicinity Centres generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.
Gross Margin
Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Vicinity Centres retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Vicinity Centres's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.
EBIT and EBIT Margin
EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.
Net Income and Earnings Per Share (EPS)
Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.
Shares Outstanding
The total number of shares Vicinity Centres has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.
Analyst Estimates
The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Vicinity Centres's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.
Vicinity Centres stock margins
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Vicinity Centres Stock Revenue, EBIT, Earnings per Share
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Vicinity Centres business model & stock analysis
Vicinity Centres SWOT Analysis
Strengths
1. Strong Market Presence: Vicinity Centres operates a vast network of shopping centers across Australia, establishing a prominent market position.
2. Diverse Property Portfolio: The company possesses a wide range of property assets, including high-quality retail spaces and shopping malls, providing a stable revenue stream.
Weaknesses
1. Dependency on Australian Market: Vicinity Centres heavily relies on the Australian retail market, making it vulnerable to economic fluctuations and changes in consumer behavior.
2. Debt Burden: The company carries a significant amount of debt, which may limit its flexibility in pursuing growth opportunities or managing financial risks.
Opportunities
1. E-commerce Integration: Vicinity Centres can leverage the growing trend of e-commerce by incorporating online platforms and implementing omni-channel strategies, enhancing the overall shopping experience.
2. Expansion into Emerging Markets: Exploring opportunities to expand internationally or entering emerging markets can diversify the company's revenue streams, reducing dependence on the Australian market.
Threats
1. Intensifying Competition: Vicinity Centres faces strong competition from both traditional brick-and-mortar retailers and online retail giants, which may impact market share and profitability.
2. Economic Uncertainty: Fluctuations in the economy, such as recession or changes in consumer spending patterns, can pose a threat to the demand for retail spaces and impact the profitability of Vicinity Centres.
Vicinity Centres Eulerpool Fair Value
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Fair Value Estimate
ⓘWhat Is Fair Value?
Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.
Earnings-Based Fair Value
Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.
Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021
Revenue-Based Fair Value
Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"
Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021
Dividend-Based Fair Value
Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.
Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021
How to Use This Chart
When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.
Vicinity Centres historical P/E ratio, EBIT multiple, and P/S ratio
Vicinity Centres annual returns
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Annual Return
ⓘWhat This Chart Shows
This chart breaks down Vicinity Centres's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.
Price Return
Price return measures the percentage change in Vicinity Centres's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.
Dividend Return
Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.
What to Look For
Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare Vicinity Centres's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.
Vicinity Centres shares outstanding
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Vicinity Centres stock splits
Since 2014, a total of 1 shares have been converted from one Vicinity Centres share.
Vicinity Centres Dividend History
15 years of dividend payments
Vicinity Centres dividend history and estimates
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Vicinity Centres dividend payout ratio
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Current Vicinity Centres forecasts and price targets in September 2026
Analyst Price Targets 2026Vicinity Centres Earnings Calls
Vicinity Centres Earnings Estimates & Surprises
| Date | EPS estimate | EPS Actual | Revenue Estimate | Price reaction | Quarterly report |
|---|---|---|---|---|---|
| 2/17/2027 | 0.08AUD | - | -AUD | - | 2026 Q4 |
| 8/19/2026 | 0.07AUD | 0.07AUD | 508.25 MAUD | - | 2026 Q2 |
| 2/17/2026 | 0.07AUD | 0.18AUD | 500.00 MAUD | - | 2025 Q4 |
| 8/19/2025 | 0.07AUD | 0.07AUD | 493.44 MAUD | - | 2025 Q2 |
| 2/19/2025 | 0.07AUD | 0.11AUD | 496.62 MAUD | - | 2024 Q4 |
| 8/20/2024 | 0.07AUD | 0.07AUD | 479.07 MAUD | - | 2024 Q2 |
| 2/15/2024 | 0.07AUD | 0.05AUD | 489.23 MAUD | - | 2023 Q4 |
| 8/15/2023 | 0.07AUD | 0.07AUD | 1.05 BAUD | - | 2023 Q2 |
| 2/15/2023 | 0.06AUD | 0.04AUD | 436.39 MAUD | - | 2022 Q4 |
| 8/16/2022 | 0.06AUD | 0.07AUD | 417.89 MAUD | - | 2022 Q2 |
EESG©
Eulerpool ESG Scorecard© for the Vicinity Centres stock
EEnvironment
Environment
SSocial
Social
GGovernance (Corporate Governance)
Governance (Corporate Governance)
The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.
Vicinity Centres shareholder structure
| % | Name |
|---|---|
2.98172% | |
1.43732% | |
1.00677% | |
0.67302% | |
0.67084% | |
0.66196% |
Vicinity Centres Beneficial Ownership Filings (SEC 13D/G)
Vicinity Centres Executives and Management Board
18 members · 33 % women
Mr. Peter Huddle
Chief Executive Officer, Managing Director, Executive Director · since 2019
4.49 M AUD
Management
Mr. Adrian Chye
Chief Financial Officer
Ms. Carolyn Reynolds
Chief Legal, Risk and ESG Officer, Joint Company Secretary
Ms. Tammy Ryder
Chief People Officer
Mr. Rohan Abeyewardene
Group Joint Company Secretary
Board of Directors
Mr. Trevor Gerber
Independent Non-Executive Chairman of the Board
Ms. Tiffany Fuller
Non-Executive Independent Director
Mr. Tim Hammon
Non-Executive Independent Director
Mr. Peter Kahan
Non-Executive Independent Director
Mr. Michael Hawker
Non-Executive Independent Director
Ms. Janette Kendall
Non-Executive Independent Director
Vicinity Centres Supply Chain
Vicinity Centres Supply Chain
Correlation: how closely stock prices move together
| # | Name | Trend | |||
|---|---|---|---|---|---|
| 1 | 0.52 | 0.20 | 0.76 | ||
| 2 | -0.35 | 0.02 | 0.73 | ||
| 3 | 0.37 | 0.52 | 0.72 | ||
| 4 | -0.66 | -0.03 | 0.70 | ||
| 5 | -0.49 | -0.12 | 0.68 |
| # | Name | Trend | |||
|---|---|---|---|---|---|
| 1 | -0.66 | -0.61 | — | ||
| 2 | 0.68 | 0.41 | -0.06 | ||
| 3 | -0.66 | -0.69 | -0.02 | ||
| 4 | -0.67 | -0.70 | 0.20 |
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 +15.7 % 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 1.43 EUR (2.31 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 7.72. 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 7.86. 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.
Over the past 12 months, Vicinity Centres paid a dividend of 0.12 AUD . This corresponds to a dividend yield of about 5.30 %. For the coming 12 months, Vicinity Centres is expected to pay a dividend of 0.12 AUD.
The current dividend yield of Vicinity Centres is 5.30 %.
Vicinity Centres pays a dividend, distributed in the months of February, August.
Vicinity Centres paid dividends every year for the past 14 years.
For the upcoming 12 months, dividends amounting to 0.12 AUD are expected. This corresponds to a dividend yield of 5.36 %.
Vicinity Centres is assigned to the 'Real Estate' sector.
In the year 2025, Vicinity Centres distributed 0.12 AUD as dividends.
The dividends of Vicinity Centres are distributed in AUD.
Vicinity Centres stock
Vicinity Centres Peer Group
Vicinity Centres Ticker
Vicinity Centres FIGI
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.