Vicinity Centres（VCX）株式概要ビシニティ・センターズ（ビシニティまたはグループ）は、完全に統合されたアセット・マネジメント・プラットフォームを持つオーストラリア有数の商業施設グループであり、56のショッピングセンターで240億ドルのリテール資産を運用している。 詳細VCX ファンダメンタル分析スノーフレーク・スコア評価3/6将来の成長0/6過去の実績3/6財務の健全性2/6配当金3/6報酬当社が推定した公正価値より12.5%で取引されている 過去5年間の収益は年間21.2%増加しました。 リスク分析今後3年間の収益は年平均11.2%減少すると予測されている。 財務結果に影響を与える大きな一時的項目 不安定な配当実績 すべてのリスクチェックを見るVCX Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW463,909 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA463,909 investors already sharing narrativesYour Fair ValueAU$Current PriceAU$2.6197.7% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-2b2b2016201920222025202620282031Revenue AU$1.1bEarnings AU$1.1bAdvancedSet Fair ValueView all narrativesVicinity Centres 競合他社Scentre GroupSymbol: ASX:SCGMarket cap: AU$19.2bRegion GroupSymbol: ASX:RGNMarket cap: AU$2.6bBWP TrustSymbol: ASX:BWPMarket cap: AU$2.9bHomeCo Daily Needs REITSymbol: ASX:HDNMarket cap: AU$2.4b価格と性能株価の高値、安値、推移の概要Vicinity Centres過去の株価現在の株価AU$2.6152週高値AU$2.7352週安値AU$2.22ベータ0.791ヶ月の変化-0.57%3ヶ月変化1.95%1年変化-0.38%3年間の変化43.80%5年間の変化53.08%IPOからの変化-10.46%最新ニュースReported Earnings • 6hFull year 2026 earnings released: FFO per share: AU$0.2 (vs AU$0.15 in FY 2025)Full year 2026 results: FFO per share: AU$0.2 (up from AU$0.15 in FY 2025). Revenue: AU$1.41b (up 2.4% from FY 2025). Funds from operations (FFO): AU$700.1m (up 3.9% from FY 2025). FFO margin: 50% (in line with FY 2025). Revenue is expected to fall by 4.4% p.a. on average during the next 3 years compared to a 2.0% decline forecast for the Retail REITs industry in Australia. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 20Vicinity Centres Declares Ordinary Dividend for the Period of Six Months Ended June 30, 2026, Payable on September 16, 2026Vicinity Centres declared an ordinary dividend of AUD 0.062 per share relating to a period of six months ended June 30, 2026, payable September 16, 2026 to shareholders of record on August 26, 2026. Ex-Date is August 25, 2026.お知らせ • Jun 15+ 1 more updateVicinity Centres, Annual General Meeting, Oct 28, 2026Vicinity Centres, Annual General Meeting, Oct 28, 2026.Buy Or Sell Opportunity • Jun 02Now 21% undervaluedOver the last 90 days, the stock has risen 3.8% to AU$2.44. The fair value is estimated to be AU$3.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has grown by 40%. For the next 3 years, revenue is forecast to decline by 4.1% per annum. Earnings are also forecast to decline by 16% per annum over the same time period.Board Change • May 20Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. Non-Executive Director Angus McNaughton was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Board Change • May 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. Non-Executive Director Angus McNaughton was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.最新情報をもっと見るRecent updatesReported Earnings • 6hFull year 2026 earnings released: FFO per share: AU$0.2 (vs AU$0.15 in FY 2025)Full year 2026 results: FFO per share: AU$0.2 (up from AU$0.15 in FY 2025). Revenue: AU$1.41b (up 2.4% from FY 2025). Funds from operations (FFO): AU$700.1m (up 3.9% from FY 2025). FFO margin: 50% (in line with FY 2025). Revenue is expected to fall by 4.4% p.a. on average during the next 3 years compared to a 2.0% decline forecast for the Retail REITs industry in Australia. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 20Vicinity Centres Declares Ordinary Dividend for the Period of Six Months Ended June 30, 2026, Payable on September 16, 2026Vicinity Centres declared an ordinary dividend of AUD 0.062 per share relating to a period of six months ended June 30, 2026, payable September 16, 2026 to shareholders of record on August 26, 2026. Ex-Date is August 25, 2026.お知らせ • Jun 15+ 1 more updateVicinity Centres, Annual General Meeting, Oct 28, 2026Vicinity Centres, Annual General Meeting, Oct 28, 2026.Buy Or Sell Opportunity • Jun 02Now 21% undervaluedOver the last 90 days, the stock has risen 3.8% to AU$2.44. The fair value is estimated to be AU$3.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has grown by 40%. For the next 3 years, revenue is forecast to decline by 4.1% per annum. Earnings are also forecast to decline by 16% per annum over the same time period.Board Change • May 20Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. Non-Executive Director Angus McNaughton was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Board Change • May 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. Non-Executive Director Angus McNaughton was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Feb 18Vicinity Centres Announces Actual Ordinary Distribution for the Six Months Period Ended December 31, 2025, Payable on March 12, 2026Vicinity Centres Announced actual, ordinary distribution of AUD 0.06200000 per share for the six months period ended December 31, 2025, payable on March 12, 2026. Record date is on February 24, 2026 with Ex date is on February 23, 2026.Buy Or Sell Opportunity • Jan 08Now 20% undervaluedOver the last 90 days, the stock has risen 3.8% to AU$2.62. The fair value is estimated to be AU$3.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to decline by 5.3% per annum. Earnings are also forecast to decline by 3.9% per annum over the same time period.お知らせ • Oct 02Vicinity Centres to Report Fiscal Year 2026 Results on Aug 19, 2026Vicinity Centres announced that they will report fiscal year 2026 results on Aug 19, 2026Declared Dividend • Aug 22Final dividend increased to AU$0.06Dividend of AU$0.06 is 2.5% higher than last year. Ex-date: 25th August 2025 Payment date: 16th September 2025 Dividend yield will be 4.6%, which is lower than the industry average of 5.7%.お知らせ • Aug 22+ 1 more updateVicinity Centres Announces Retirement of Michael Hawker Am from BoardVicinity Centres announced that Michael Hawker AM intends to retire from Vicinity's Board, comprising the Boards of Vicinity Limited and Vicinity Centres RE Ltd. as responsible entity of Vicinity Centres Trust, with effect from 31 August 2025. Mr. Hawker has been a Non-Executive Director at Vicinity since his election by Securityholders in November 2022. During this time, Mr. Hawker served as a member of the Audit Committee and the Risk, Compliance & ESG Committee, and formerly the Remuneration & Human Resources Committee.お知らせ • Aug 21Vicinity Centres, Annual General Meeting, Nov 06, 2025Vicinity Centres, Annual General Meeting, Nov 06, 2025.Reported Earnings • Aug 20Full year 2025 earnings released: EPS: AU$0.22 (vs AU$0.12 in FY 2024)Full year 2025 results: EPS: AU$0.22 (up from AU$0.12 in FY 2024). Revenue: AU$1.33b (up 1.4% from FY 2024). Net income: AU$1.00b (up 84% from FY 2024). Profit margin: 76% (up from 42% in FY 2024). Revenue is expected to fall by 4.6% p.a. on average during the next 3 years compared to a 3.5% decline forecast for the Retail REITs industry in Australia. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.お知らせ • Aug 20Vicinity Centres to Report First Half, 2026 Results on Feb 18, 2026Vicinity Centres announced that they will report first half, 2026 results on Feb 18, 2026Board Change • Aug 18High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Executive Director Angus McNaughton was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.New Risk • May 01New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Earnings are forecast to decline by an average of 0.4% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Significant insider selling over the past 3 months (AU$1.4m sold).Board Change • May 01High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Executive Director Angus McNaughton was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Board Change • Feb 04High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Executive Director Angus McNaughton was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Board Change • Dec 24High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Director Angus McNaughton was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Oct 16Vicinity Centres to Report Fiscal Year 2025 Results on Aug 20, 2025Vicinity Centres announced that they will report fiscal year 2025 results on Aug 20, 2025Buy Or Sell Opportunity • Sep 20Now 23% undervaluedOver the last 90 days, the stock has risen 20% to AU$2.27. The fair value is estimated to be AU$2.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 7.9% per annum. Earnings are forecast to grow by 6.5% per annum over the same time period.お知らせ • Sep 11Vicinity Centres Announces Retirement of Clive Appleton from the Board, Effective 29 October 2024Vicinity Centres announced the retirement of Mr. Clive Appleton from the Vicinity Board, having served as a representative of Gandel Group since 2018. Mr. Appleton's retirement from the Board will take effect from the conclusion of the AGM to be held on 29 October 2024.お知らせ • Aug 22Vicinity Centres Declares Distribution for the Six-Month Ended June 30, 2024, Payable on September 16, 2024Vicinity Centres Declares Distribution of AUD 0.05900000 for the Six-Month Ended June 30, 2024, Payable on September 16, 2024. Ex date is August 23, 2024. Record date is August 26, 2024.Declared Dividend • Aug 22Final dividend of AU$0.059 announcedShareholders will receive a dividend of AU$0.059. Ex-date: 23rd August 2024 Payment date: 16th September 2024 Dividend yield will be 5.3%, which is lower than the industry average of 5.7%.お知らせ • Aug 22Vicinity Centres (ASX:VCX) acquired 50% stake in Lakeside Joondalup Shopping City from Lend Lease Real Estate Investments Limited for AUD 420 million.Vicinity Centres (ASX:VCX) acquired 50% stake in Lakeside Joondalup Shopping City from Lend Lease Real Estate Investments Limited for AUD 420 million on August 19, 2024. The transaction is being funded by a mix of existing debt facilities and asset divestment proceeds. For the period ending December 31, 2023, Lakeside Joondalup Shopping City reported total revenue of AUD 800 million. Simon Rooney of CBRE brokered the transaction. Vicinity Centres (ASX:VCX) completed the acquisition of 50% stake in Lakeside Joondalup Shopping City from Lend Lease Real Estate Investments Limited on August 19, 2024.Reported Earnings • Aug 21Full year 2024 earnings released: FFO per share: AU$0.1 (vs AU$0.15 in FY 2023)Full year 2024 results: FFO per share: AU$0.1 (down from AU$0.15 in FY 2023). Revenue: AU$1.31b (up 6.6% from FY 2023). Funds from operations (FFO): AU$664.6m (down 2.9% from FY 2023). FFO margin: 51% (down from 56% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to decline by 5.3% p.a. on average during the next 3 years, while revenues in the Retail REITs industry in Australia are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.お知らせ • Apr 24Vicinity Centres to Report First Half, 2025 Results on Feb 18, 2025Vicinity Centres announced that they will report first half, 2025 results on Feb 18, 2025Declared Dividend • Feb 18First half dividend increased to AU$0.059Dividend of AU$0.059 is 1.7% higher than last year. Ex-date: 20th February 2024 Payment date: 7th March 2024 Dividend yield will be 5.9%, which is about the same as the industry average.Buy Or Sell Opportunity • Jan 25Now 20% undervaluedOver the last 90 days, the stock has risen 14% to AU$1.95. The fair value is estimated to be AU$2.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.1% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 1.8% per annum. Earnings are forecast to grow by 15% per annum over the same time period.Buying Opportunity • Jan 18Now 21% undervaluedOver the last 90 days, the stock is up 10%. The fair value is estimated to be AU$2.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.1% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 2.9% per annum. Earnings is forecast to grow by 15% per annum over the same time period.お知らせ • Nov 01Vicinity Centres, Annual General Meeting, Oct 29, 2024Vicinity Centres, Annual General Meeting, Oct 29, 2024.お知らせ • Sep 27Vicinity Centres to Report Fiscal Year 2024 Results on Aug 20, 2024Vicinity Centres announced that they will report fiscal year 2024 results on Aug 20, 2024New Risk • Aug 17New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 22% Last year net profit margin: 101% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (22% net profit margin).Reported Earnings • Aug 17Full year 2023 earnings released: FFO per share: AU$0.1 (vs AU$0.13 in FY 2022)Full year 2023 results: FFO per share: AU$0.1 (up from AU$0.13 in FY 2022). Revenue: AU$1.23b (up 2.7% from FY 2022). Funds from operations (FFO): AU$684.8m (up 14% from FY 2022). FFO margin: 56% (up from 50% in FY 2022). Revenue is forecast to decline by 5.1% p.a. on average during the next 3 years, while revenues in the Retail REITs industry in Australia are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 16Vicinity Centres to Report First Half, 2024 Results on Feb 15, 2024Vicinity Centres announced that they will report first half, 2024 results on Feb 15, 2024お知らせ • Jun 02Nikos Property Group Pty Ltd. agreed to acquire 50% stake in Broadmeadows Central from Vicinity Centres (ASX:VCX) for approximately AUD 130 million.Nikos Property Group Pty Ltd. agreed to acquire 50% stake in Broadmeadows Central from Vicinity Centres (ASX:VCX) for approximately AUD 130 million on June 1, 2023. Vicinity will continue to provide centre management and leasing services at Broadmeadows Central. The sale is expected to settle on 30 June 2023.Board Change • Mar 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. MD, CEO & Director Peter Huddle was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Feb 16First half 2023 earnings released: FFO per share: AU$0.08 (vs AU$0.063 in 1H 2022)First half 2023 results: FFO per share: AU$0.08 (up from AU$0.063 in 1H 2022). Revenue: AU$628.2m (up 4.9% from 1H 2022). Funds from operations (FFO): AU$357.1m (up 24% from 1H 2022). FFO margin: 57% (up from 48% in 1H 2022). Revenue is forecast to stay flat during the next 3 years compared to a 4.1% decline forecast for the REITs industry in Australia. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Feb 15Vicinity Centres Announces Dividend on VCX- Fully Paid Ordinary/Units Stapled Securities for the Financial Reporting or Payment Period Ended 31 December 2022, Payable on March 7, 2023Vicinity Centres announced dividend of AUD 0.05750000 per security on VCX - Fully Paid Ordinary/Units Stapled Securities for the financial reporting or payment period ended 31 December 2022. Ex date on February 20, 2023. Record date on February 21, 2023. Payment date on March 7, 2023.お知らせ • Feb 09Vicinity Centres, Annual General Meeting, Nov 01, 2023Vicinity Centres, Annual General Meeting, Nov 01, 2023.お知らせ • Feb 03Vicinity Centres Appoints Peter Charles Huddle to the BoardVicinity Centres appointed Peter Charles Huddle to the board. Date of appointment: 1 February 2023.お知らせ • Feb 01Vicinity Centres to Report Fiscal Year 2023 Results on Aug 16, 2023Vicinity Centres announced that they will report fiscal year 2023 results on Aug 16, 2023お知らせ • Jan 31+ 1 more updateVicinity Centres Appoints Peter Huddle as Managing Director, Effective 1 February 2023Vicinity Centres announced the appointment of Mr. Peter Huddle as Managing Director following the completion of a global search. Mr. Huddle's appointment is effective on 1 February 2023. Mr. Huddle, who has been Acting Chief Executive Officer for Vicinity since 16 November 2022, joined the Company as Chief Operating Officer (`COO') in March 2019, reporting to the CEO. Since joining Vicinity, Mr. Huddle has brought his strategic vision and global experience in creating market leading, retail-led destinations. Importantly, Mr. Huddle has been instrumental in building organizational capability and a cohesive, integrated and customer-focused Operations team, comprising Property Management, Leasing, Operations, Development, and Marketing. As COO throughout the pandemic, Mr. Huddle was instrumental in leading Vicinity's operational response, and at the same time, ensuring the Company was well positioned to recover and deliver its long-term growth priorities. Prior to joining Vicinity, Mr. Huddle had a long and distinguished career at Westfield in a variety of leadership roles in Australia, Brazil, and the US. Notably, Mr. Huddle had management responsibility for some of the world's preeminent retail and mixed-use development projects including Westfield World Trade Centre in New York and Century City in Los Angeles. Following the acquisition of Westfield by Unibail-Rodamco in June 2018, which formed the largest global retail REIT, Mr. Huddle was appointed COO of the US business. In this role, Mr. Huddle led all real estate activities including Development, Design, Construction, Management, Leasing, and Asset Management. He was also a member of the URW Global Management Board.Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 1 highly experienced director. Non-Executive Director Clive Appleton was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Oct 28Vicinity Centres to Report Q2, 2023 Results on Feb 14, 2023Vicinity Centres announced that they will report Q2, 2023 results on Feb 14, 2023Reported Earnings • Aug 19Full year 2022 earnings released: FFO per share: AU$0.1 (vs AU$0.12 in FY 2021)Full year 2022 results: FFO per share: AU$0.1 (up from AU$0.12 in FY 2021). Revenue: AU$1.20b (up 5.6% from FY 2021). Funds from operations (FFO): AU$598.3m (up 7.1% from FY 2021). FFO margin: 50% (in line with FY 2021). Over the next year, revenue is expected to shrink by 26% compared to a 23% decline forecast for the REITs industry in Australia. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. Non-Executive Director Clive Appleton was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Board Change • Mar 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. 1 highly experienced director. Non Executive Director Mark Bloom was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Board Change • Dec 06Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. 1 highly experienced director. Non Executive Director Mark Bloom was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Aug 22Full year 2021 earnings released: FFO AU$0.12 per share (vs AU$0.14 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: AU$1.14b (up 3.9% from FY 2020). Funds from operations (FFO): AU$558.8m (up 7.4% from FY 2020). FFO margin: 49% (up from 48% in FY 2020). Net asset value (NAV) per share: AU$2.17 (down 6.9% from FY 2020). The current share price is 27% lower than NAV per share. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance.Executive Departure • Jul 14Chief Financial Officer Nicholas Schiffer has left the companyOn the 1st of July, Nicholas Schiffer's tenure as Chief Financial Officer ended after 1.8 years in the role. We don't have any record of a personal shareholding under Nicholas' name. Nicholas is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 2.50 years.Upcoming Dividend • Dec 23Upcoming Dividend of AU$0.034 Per ShareWill be paid on the 2nd of March to those who are registered shareholders by the 30th of December. The company last paid an ordinary dividend in December 2019. The average dividend yield among industry peers is 3.7%.Is New 90 Day High Low • Dec 04New 90-day high: AU$1.73The company is up 25% from its price of AU$1.39 on 04 September 2020. The Australian market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the REITs industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$2.35 per share.Is New 90 Day High Low • Oct 30New 90-day low: AU$1.24The company is down 4.0% from its price of AU$1.29 on 31 July 2020. The Australian market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the REITs industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$2.47 per share.Is New 90 Day High Low • Oct 06New 90-day high: AU$1.45The company is up 9.0% from its price of AU$1.32 on 08 July 2020. The Australian market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the REITs industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$2.42 per share.株主還元VCXAU Retail REITsAU 市場7D-2.2%-3.5%-1.0%1Y-0.4%-6.2%-0.1%株主還元を見る業界別リターン: VCX過去 1 年間で-6.2 % の収益を上げたAustralian Retail REITs業界を上回りました。リターン対市場: VCXは、過去 1 年間で-0.1 % のリターンをもたらしたAustralianマーケットと一致しました。価格変動Is VCX's price volatile compared to industry and market?VCX volatilityVCX Average Weekly Movement2.9%Retail REITs Industry Average Movement2.7%Market Average Movement9.7%10% most volatile stocks in AU Market16.8%10% least volatile stocks in AU Market3.9%安定した株価: VCX 、 Australian市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: VCXの 週次ボラティリティ ( 3% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト20051,246Peter Huddlewww.vicinity.com.auビシニティ・センターズ（Vicinity Centres、以下グループ）は、完全に統合されたアセット・マネジメント・プラットフォームを持つオーストラリア有数のリテール不動産グループであり、56のショッピングセンターで240億ドルのリテール資産を運用している。グループは55のショッピングセンター（DFOブリスベン事業を含む）の権益を持つダイレクト・ポートフォリオを有し、戦略的パートナーに代わって29の資産を管理している。ビシニティはオーストラリア証券取引所（ASX）に「VCX」のコードで上場しており、22,000人の株主がいる。ビシニティはまた、ASXに欧州ミディアム・ターム・ノートを「VCD」のコードで上場している。もっと見るVicinity Centres 基礎のまとめVicinity Centres の収益と売上を時価総額と比較するとどうか。VCX 基礎統計学時価総額AU$12.16b収益（TTM）AU$1.39b売上高(TTM)AU$1.41b8.7xPER（株価収益率8.6xP/SレシオVCX は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計VCX 損益計算書（TTM）収益AU$1.41b売上原価AU$411.50m売上総利益AU$1.00bその他の費用-AU$390.10m収益AU$1.39b直近の収益報告Jun 30, 2026次回決算日該当なし一株当たり利益（EPS）0.30グロス・マージン70.87%純利益率98.49%有利子負債／自己資本比率37.2%VCX の長期的なパフォーマンスは？過去の実績と比較を見る配当金4.7%現在の配当利回り53%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/21 00:07終値2026/08/21 00:00収益2026/06/30年間収益2026/06/30データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Vicinity Centres 12 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。21 アナリスト機関Nicholas McGarrigleBarrenjoey Markets Pty LimitedSimon GaringBell PotterDonald ChuaBofA Global Research18 その他のアナリストを表示
Reported Earnings • 6hFull year 2026 earnings released: FFO per share: AU$0.2 (vs AU$0.15 in FY 2025)Full year 2026 results: FFO per share: AU$0.2 (up from AU$0.15 in FY 2025). Revenue: AU$1.41b (up 2.4% from FY 2025). Funds from operations (FFO): AU$700.1m (up 3.9% from FY 2025). FFO margin: 50% (in line with FY 2025). Revenue is expected to fall by 4.4% p.a. on average during the next 3 years compared to a 2.0% decline forecast for the Retail REITs industry in Australia. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 20Vicinity Centres Declares Ordinary Dividend for the Period of Six Months Ended June 30, 2026, Payable on September 16, 2026Vicinity Centres declared an ordinary dividend of AUD 0.062 per share relating to a period of six months ended June 30, 2026, payable September 16, 2026 to shareholders of record on August 26, 2026. Ex-Date is August 25, 2026.
お知らせ • Jun 15+ 1 more updateVicinity Centres, Annual General Meeting, Oct 28, 2026Vicinity Centres, Annual General Meeting, Oct 28, 2026.
Buy Or Sell Opportunity • Jun 02Now 21% undervaluedOver the last 90 days, the stock has risen 3.8% to AU$2.44. The fair value is estimated to be AU$3.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has grown by 40%. For the next 3 years, revenue is forecast to decline by 4.1% per annum. Earnings are also forecast to decline by 16% per annum over the same time period.
Board Change • May 20Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. Non-Executive Director Angus McNaughton was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Board Change • May 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. Non-Executive Director Angus McNaughton was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • 6hFull year 2026 earnings released: FFO per share: AU$0.2 (vs AU$0.15 in FY 2025)Full year 2026 results: FFO per share: AU$0.2 (up from AU$0.15 in FY 2025). Revenue: AU$1.41b (up 2.4% from FY 2025). Funds from operations (FFO): AU$700.1m (up 3.9% from FY 2025). FFO margin: 50% (in line with FY 2025). Revenue is expected to fall by 4.4% p.a. on average during the next 3 years compared to a 2.0% decline forecast for the Retail REITs industry in Australia. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 20Vicinity Centres Declares Ordinary Dividend for the Period of Six Months Ended June 30, 2026, Payable on September 16, 2026Vicinity Centres declared an ordinary dividend of AUD 0.062 per share relating to a period of six months ended June 30, 2026, payable September 16, 2026 to shareholders of record on August 26, 2026. Ex-Date is August 25, 2026.
お知らせ • Jun 15+ 1 more updateVicinity Centres, Annual General Meeting, Oct 28, 2026Vicinity Centres, Annual General Meeting, Oct 28, 2026.
Buy Or Sell Opportunity • Jun 02Now 21% undervaluedOver the last 90 days, the stock has risen 3.8% to AU$2.44. The fair value is estimated to be AU$3.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has grown by 40%. For the next 3 years, revenue is forecast to decline by 4.1% per annum. Earnings are also forecast to decline by 16% per annum over the same time period.
Board Change • May 20Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. Non-Executive Director Angus McNaughton was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Board Change • May 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. Non-Executive Director Angus McNaughton was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Feb 18Vicinity Centres Announces Actual Ordinary Distribution for the Six Months Period Ended December 31, 2025, Payable on March 12, 2026Vicinity Centres Announced actual, ordinary distribution of AUD 0.06200000 per share for the six months period ended December 31, 2025, payable on March 12, 2026. Record date is on February 24, 2026 with Ex date is on February 23, 2026.
Buy Or Sell Opportunity • Jan 08Now 20% undervaluedOver the last 90 days, the stock has risen 3.8% to AU$2.62. The fair value is estimated to be AU$3.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to decline by 5.3% per annum. Earnings are also forecast to decline by 3.9% per annum over the same time period.
お知らせ • Oct 02Vicinity Centres to Report Fiscal Year 2026 Results on Aug 19, 2026Vicinity Centres announced that they will report fiscal year 2026 results on Aug 19, 2026
Declared Dividend • Aug 22Final dividend increased to AU$0.06Dividend of AU$0.06 is 2.5% higher than last year. Ex-date: 25th August 2025 Payment date: 16th September 2025 Dividend yield will be 4.6%, which is lower than the industry average of 5.7%.
お知らせ • Aug 22+ 1 more updateVicinity Centres Announces Retirement of Michael Hawker Am from BoardVicinity Centres announced that Michael Hawker AM intends to retire from Vicinity's Board, comprising the Boards of Vicinity Limited and Vicinity Centres RE Ltd. as responsible entity of Vicinity Centres Trust, with effect from 31 August 2025. Mr. Hawker has been a Non-Executive Director at Vicinity since his election by Securityholders in November 2022. During this time, Mr. Hawker served as a member of the Audit Committee and the Risk, Compliance & ESG Committee, and formerly the Remuneration & Human Resources Committee.
お知らせ • Aug 21Vicinity Centres, Annual General Meeting, Nov 06, 2025Vicinity Centres, Annual General Meeting, Nov 06, 2025.
Reported Earnings • Aug 20Full year 2025 earnings released: EPS: AU$0.22 (vs AU$0.12 in FY 2024)Full year 2025 results: EPS: AU$0.22 (up from AU$0.12 in FY 2024). Revenue: AU$1.33b (up 1.4% from FY 2024). Net income: AU$1.00b (up 84% from FY 2024). Profit margin: 76% (up from 42% in FY 2024). Revenue is expected to fall by 4.6% p.a. on average during the next 3 years compared to a 3.5% decline forecast for the Retail REITs industry in Australia. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
お知らせ • Aug 20Vicinity Centres to Report First Half, 2026 Results on Feb 18, 2026Vicinity Centres announced that they will report first half, 2026 results on Feb 18, 2026
Board Change • Aug 18High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Executive Director Angus McNaughton was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
New Risk • May 01New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Earnings are forecast to decline by an average of 0.4% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Significant insider selling over the past 3 months (AU$1.4m sold).
Board Change • May 01High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Executive Director Angus McNaughton was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Board Change • Feb 04High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Executive Director Angus McNaughton was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Board Change • Dec 24High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Director Angus McNaughton was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Oct 16Vicinity Centres to Report Fiscal Year 2025 Results on Aug 20, 2025Vicinity Centres announced that they will report fiscal year 2025 results on Aug 20, 2025
Buy Or Sell Opportunity • Sep 20Now 23% undervaluedOver the last 90 days, the stock has risen 20% to AU$2.27. The fair value is estimated to be AU$2.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 7.9% per annum. Earnings are forecast to grow by 6.5% per annum over the same time period.
お知らせ • Sep 11Vicinity Centres Announces Retirement of Clive Appleton from the Board, Effective 29 October 2024Vicinity Centres announced the retirement of Mr. Clive Appleton from the Vicinity Board, having served as a representative of Gandel Group since 2018. Mr. Appleton's retirement from the Board will take effect from the conclusion of the AGM to be held on 29 October 2024.
お知らせ • Aug 22Vicinity Centres Declares Distribution for the Six-Month Ended June 30, 2024, Payable on September 16, 2024Vicinity Centres Declares Distribution of AUD 0.05900000 for the Six-Month Ended June 30, 2024, Payable on September 16, 2024. Ex date is August 23, 2024. Record date is August 26, 2024.
Declared Dividend • Aug 22Final dividend of AU$0.059 announcedShareholders will receive a dividend of AU$0.059. Ex-date: 23rd August 2024 Payment date: 16th September 2024 Dividend yield will be 5.3%, which is lower than the industry average of 5.7%.
お知らせ • Aug 22Vicinity Centres (ASX:VCX) acquired 50% stake in Lakeside Joondalup Shopping City from Lend Lease Real Estate Investments Limited for AUD 420 million.Vicinity Centres (ASX:VCX) acquired 50% stake in Lakeside Joondalup Shopping City from Lend Lease Real Estate Investments Limited for AUD 420 million on August 19, 2024. The transaction is being funded by a mix of existing debt facilities and asset divestment proceeds. For the period ending December 31, 2023, Lakeside Joondalup Shopping City reported total revenue of AUD 800 million. Simon Rooney of CBRE brokered the transaction. Vicinity Centres (ASX:VCX) completed the acquisition of 50% stake in Lakeside Joondalup Shopping City from Lend Lease Real Estate Investments Limited on August 19, 2024.
Reported Earnings • Aug 21Full year 2024 earnings released: FFO per share: AU$0.1 (vs AU$0.15 in FY 2023)Full year 2024 results: FFO per share: AU$0.1 (down from AU$0.15 in FY 2023). Revenue: AU$1.31b (up 6.6% from FY 2023). Funds from operations (FFO): AU$664.6m (down 2.9% from FY 2023). FFO margin: 51% (down from 56% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to decline by 5.3% p.a. on average during the next 3 years, while revenues in the Retail REITs industry in Australia are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
お知らせ • Apr 24Vicinity Centres to Report First Half, 2025 Results on Feb 18, 2025Vicinity Centres announced that they will report first half, 2025 results on Feb 18, 2025
Declared Dividend • Feb 18First half dividend increased to AU$0.059Dividend of AU$0.059 is 1.7% higher than last year. Ex-date: 20th February 2024 Payment date: 7th March 2024 Dividend yield will be 5.9%, which is about the same as the industry average.
Buy Or Sell Opportunity • Jan 25Now 20% undervaluedOver the last 90 days, the stock has risen 14% to AU$1.95. The fair value is estimated to be AU$2.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.1% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 1.8% per annum. Earnings are forecast to grow by 15% per annum over the same time period.
Buying Opportunity • Jan 18Now 21% undervaluedOver the last 90 days, the stock is up 10%. The fair value is estimated to be AU$2.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.1% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 2.9% per annum. Earnings is forecast to grow by 15% per annum over the same time period.
お知らせ • Nov 01Vicinity Centres, Annual General Meeting, Oct 29, 2024Vicinity Centres, Annual General Meeting, Oct 29, 2024.
お知らせ • Sep 27Vicinity Centres to Report Fiscal Year 2024 Results on Aug 20, 2024Vicinity Centres announced that they will report fiscal year 2024 results on Aug 20, 2024
New Risk • Aug 17New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 22% Last year net profit margin: 101% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (22% net profit margin).
Reported Earnings • Aug 17Full year 2023 earnings released: FFO per share: AU$0.1 (vs AU$0.13 in FY 2022)Full year 2023 results: FFO per share: AU$0.1 (up from AU$0.13 in FY 2022). Revenue: AU$1.23b (up 2.7% from FY 2022). Funds from operations (FFO): AU$684.8m (up 14% from FY 2022). FFO margin: 56% (up from 50% in FY 2022). Revenue is forecast to decline by 5.1% p.a. on average during the next 3 years, while revenues in the Retail REITs industry in Australia are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 16Vicinity Centres to Report First Half, 2024 Results on Feb 15, 2024Vicinity Centres announced that they will report first half, 2024 results on Feb 15, 2024
お知らせ • Jun 02Nikos Property Group Pty Ltd. agreed to acquire 50% stake in Broadmeadows Central from Vicinity Centres (ASX:VCX) for approximately AUD 130 million.Nikos Property Group Pty Ltd. agreed to acquire 50% stake in Broadmeadows Central from Vicinity Centres (ASX:VCX) for approximately AUD 130 million on June 1, 2023. Vicinity will continue to provide centre management and leasing services at Broadmeadows Central. The sale is expected to settle on 30 June 2023.
Board Change • Mar 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. MD, CEO & Director Peter Huddle was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Feb 16First half 2023 earnings released: FFO per share: AU$0.08 (vs AU$0.063 in 1H 2022)First half 2023 results: FFO per share: AU$0.08 (up from AU$0.063 in 1H 2022). Revenue: AU$628.2m (up 4.9% from 1H 2022). Funds from operations (FFO): AU$357.1m (up 24% from 1H 2022). FFO margin: 57% (up from 48% in 1H 2022). Revenue is forecast to stay flat during the next 3 years compared to a 4.1% decline forecast for the REITs industry in Australia. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Feb 15Vicinity Centres Announces Dividend on VCX- Fully Paid Ordinary/Units Stapled Securities for the Financial Reporting or Payment Period Ended 31 December 2022, Payable on March 7, 2023Vicinity Centres announced dividend of AUD 0.05750000 per security on VCX - Fully Paid Ordinary/Units Stapled Securities for the financial reporting or payment period ended 31 December 2022. Ex date on February 20, 2023. Record date on February 21, 2023. Payment date on March 7, 2023.
お知らせ • Feb 09Vicinity Centres, Annual General Meeting, Nov 01, 2023Vicinity Centres, Annual General Meeting, Nov 01, 2023.
お知らせ • Feb 03Vicinity Centres Appoints Peter Charles Huddle to the BoardVicinity Centres appointed Peter Charles Huddle to the board. Date of appointment: 1 February 2023.
お知らせ • Feb 01Vicinity Centres to Report Fiscal Year 2023 Results on Aug 16, 2023Vicinity Centres announced that they will report fiscal year 2023 results on Aug 16, 2023
お知らせ • Jan 31+ 1 more updateVicinity Centres Appoints Peter Huddle as Managing Director, Effective 1 February 2023Vicinity Centres announced the appointment of Mr. Peter Huddle as Managing Director following the completion of a global search. Mr. Huddle's appointment is effective on 1 February 2023. Mr. Huddle, who has been Acting Chief Executive Officer for Vicinity since 16 November 2022, joined the Company as Chief Operating Officer (`COO') in March 2019, reporting to the CEO. Since joining Vicinity, Mr. Huddle has brought his strategic vision and global experience in creating market leading, retail-led destinations. Importantly, Mr. Huddle has been instrumental in building organizational capability and a cohesive, integrated and customer-focused Operations team, comprising Property Management, Leasing, Operations, Development, and Marketing. As COO throughout the pandemic, Mr. Huddle was instrumental in leading Vicinity's operational response, and at the same time, ensuring the Company was well positioned to recover and deliver its long-term growth priorities. Prior to joining Vicinity, Mr. Huddle had a long and distinguished career at Westfield in a variety of leadership roles in Australia, Brazil, and the US. Notably, Mr. Huddle had management responsibility for some of the world's preeminent retail and mixed-use development projects including Westfield World Trade Centre in New York and Century City in Los Angeles. Following the acquisition of Westfield by Unibail-Rodamco in June 2018, which formed the largest global retail REIT, Mr. Huddle was appointed COO of the US business. In this role, Mr. Huddle led all real estate activities including Development, Design, Construction, Management, Leasing, and Asset Management. He was also a member of the URW Global Management Board.
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 1 highly experienced director. Non-Executive Director Clive Appleton was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Oct 28Vicinity Centres to Report Q2, 2023 Results on Feb 14, 2023Vicinity Centres announced that they will report Q2, 2023 results on Feb 14, 2023
Reported Earnings • Aug 19Full year 2022 earnings released: FFO per share: AU$0.1 (vs AU$0.12 in FY 2021)Full year 2022 results: FFO per share: AU$0.1 (up from AU$0.12 in FY 2021). Revenue: AU$1.20b (up 5.6% from FY 2021). Funds from operations (FFO): AU$598.3m (up 7.1% from FY 2021). FFO margin: 50% (in line with FY 2021). Over the next year, revenue is expected to shrink by 26% compared to a 23% decline forecast for the REITs industry in Australia. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. Non-Executive Director Clive Appleton was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Board Change • Mar 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. 1 highly experienced director. Non Executive Director Mark Bloom was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Board Change • Dec 06Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. 1 highly experienced director. Non Executive Director Mark Bloom was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Aug 22Full year 2021 earnings released: FFO AU$0.12 per share (vs AU$0.14 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: AU$1.14b (up 3.9% from FY 2020). Funds from operations (FFO): AU$558.8m (up 7.4% from FY 2020). FFO margin: 49% (up from 48% in FY 2020). Net asset value (NAV) per share: AU$2.17 (down 6.9% from FY 2020). The current share price is 27% lower than NAV per share. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance.
Executive Departure • Jul 14Chief Financial Officer Nicholas Schiffer has left the companyOn the 1st of July, Nicholas Schiffer's tenure as Chief Financial Officer ended after 1.8 years in the role. We don't have any record of a personal shareholding under Nicholas' name. Nicholas is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 2.50 years.
Upcoming Dividend • Dec 23Upcoming Dividend of AU$0.034 Per ShareWill be paid on the 2nd of March to those who are registered shareholders by the 30th of December. The company last paid an ordinary dividend in December 2019. The average dividend yield among industry peers is 3.7%.
Is New 90 Day High Low • Dec 04New 90-day high: AU$1.73The company is up 25% from its price of AU$1.39 on 04 September 2020. The Australian market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the REITs industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$2.35 per share.
Is New 90 Day High Low • Oct 30New 90-day low: AU$1.24The company is down 4.0% from its price of AU$1.29 on 31 July 2020. The Australian market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the REITs industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$2.47 per share.
Is New 90 Day High Low • Oct 06New 90-day high: AU$1.45The company is up 9.0% from its price of AU$1.32 on 08 July 2020. The Australian market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the REITs industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$2.42 per share.
