Company Valuation: DEXUS

Data adjusted to current consolidation scope
Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 9,551 8,389 6,953 7,133 5,775 6,444 - -
Change - -12.16% -17.12% 2.59% -19.04% 11.59% - -
Enterprise Value (EV) 1 14,418 13,611 11,809 11,790 10,291 11,008 11,045 11,191
Change - -5.6% -13.24% -0.16% -12.71% 6.96% 0.33% 1.32%
P/E 5.99x -11.1x -4.4x 52.4x 12.5x 10.1x 9.85x 9.5x
PBR 0.7x 0.68x 0.68x 0.72x 0.58x 0.68x 0.67x 0.65x
PEG - 0x -0x -0x 0x 0.3x 3.49x 2.58x
Capitalization / Revenue 10.9x 9.89x 7.71x 7.5x 8.13x 8.18x 7.87x 7.39x
EV / Revenue 16.5x 16x 13.1x 12.4x 14.5x 14x 13.5x 12.8x
EV / EBITDA 15.5x 15.1x 13.5x 13x 11.1x 14.9x 14.3x 13.8x
EV / EBIT 15.8x 15.3x 13.7x 13.3x 11.4x 14.7x 14.2x 13.8x
EV / FCF 26x 24.8x 25.3x 16x 21.8x 26.1x 38x 28.6x
FCF Yield 3.85% 4.02% 3.95% 6.26% 4.59% 3.83% 2.63% 3.5%
Dividend per Share 2 0.532 0.516 0.48 0.37 0.37 0.3682 0.3688 0.3845
Rate of return 5.99% 6.62% 7.41% 5.56% 6.85% 6.11% 6.12% 6.38%
EPS 2 1.484 -0.7 -1.473 0.1268 0.4334 0.5956 0.6124 0.6349
Distribution rate 35.9% -73.7% -32.6% 292% 85.4% 61.8% 60.2% 60.6%
Net sales 1 874.3 848.4 902.2 951.2 710 787.6 819 871.6
EBITDA 1 928.4 899.9 876.9 903.6 923.6 741.2 771.9 811.5
EBIT 1 914.6 891.5 863 885.5 901.4 747.7 779.4 811.7
Net income 1 1,583 -752.7 -1,584 136.1 482.2 603.1 615 634.8
Net Debt 1 4,867 5,222 4,856 4,657 4,516 4,564 4,600 4,746
Reference price 2 8.880 7.800 6.480 6.650 5.400 6.030 6.030 6.030
Nbr of stocks (in thousands) 1,075,565 1,075,565 1,073,020 1,072,665 1,069,489 1,068,719 - -
Announcement Date 8/16/22 8/15/23 8/19/24 8/19/25 8/19/26 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
10.12x13.98x14.85x6.11% 4.43B
33x17.92x21.32x3.38% 121B
38.52x15.09x19.39x3.94% 73.66B
38.1x15.09x15.52x5.52% 56.15B
19.06x16.11x18.36x1.08% 39.15B
28.4x11.44x14.84x4.22% 16.96B
14.02x22.73x27.46x3.58% 16.52B
9.13x12.1x14.79x5.85% 15.17B
18.53x16.55x24.28x5.13% 14.55B
30.23x11.38x17.58x4.08% 13.67B
Average 23.91x 15.24x 18.84x 4.29% 37.09B
Weighted average by Cap. 30.42x 16.08x 19.36x 3.85%

Y-o-Y evolution of P/E

Valuation ratios - P/E - DEXUS

Historical PBR trend

Valuation ratios - PBR - DEXUS

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - DEXUS

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - DEXUS


Year-on-year evolution of the Yield

Valuation ratios - Yield - DEXUS