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DXS: Index Removals Will Present Opportunity As Dividend Stream Continues

Industrial And Logistics Trends Will Unlock Future Asset Value

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DXS
AnalystConsensusTarget
Not Invested
Published 09 Feb 2025
10 viewsusers have viewed this narrative update

Update shared on 11 Feb 2026

Fair value Decreased 1.49%
24 Apr
AU$5.81
AnalystConsensusTarget's Fair Value
AU$7.35
20.9% undervalued intrinsic discount
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1Y
-17.4%
7D
8.4%

Analysts have trimmed their fair value estimate for DEXUS from A$7.71 to A$7.60, citing a modestly higher discount rate and slightly lower future P/E expectations, while keeping revenue growth and profit margin assumptions broadly unchanged.

What's in the News

  • Dexus announced an ordinary dividend of A$0.193 per security for the six months ending December 31, 2025, payable on February 27, 2026, with a record date of December 31, 2025 and an ex date of December 30, 2025 (company announcement).
  • DEXUS (ASX: DXS) is set to be removed from the S&P Global 1200 index (index provider notice).
  • DEXUS (ASX: DXS) is also set to be removed from the S&P International 700 index (index provider notice).

Valuation Changes

  • Fair Value: trimmed slightly from A$7.71 to A$7.60 per security.
  • Discount Rate: raised modestly from 7.06% to about 7.29%.
  • Revenue Growth: long run assumption kept effectively unchanged at about a 12.25% decline.
  • Net Profit Margin: maintained at roughly 79.67%, with only immaterial rounding differences.
  • Future P/E: eased slightly from about 14.65x to 14.53x.

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Disclaimer

AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.