Snowflake Score | |
---|---|
Valuation | 4/6 |
Future Growth | 1/6 |
Past Performance | 3/6 |
Financial Health | 2/6 |
Dividends | 4/6 |
DXS Stock Overview
Dexus is one of Australia’s leading real estate groups, proudly managing a high-quality Australian property portfolio valued at $32.1 billion.
Dexus Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | AU$10.50 |
52 Week High | AU$11.50 |
52 Week Low | AU$9.86 |
Beta | 0.54 |
1 Month Change | -4.55% |
3 Month Change | -1.32% |
1 Year Change | 1.16% |
3 Year Change | -18.48% |
5 Year Change | 0.095% |
Change since IPO | 31.58% |
Recent News & Updates
Shareholder Returns
DXS | AU REITs | AU Market | |
---|---|---|---|
7D | -1.1% | 0.1% | -0.4% |
1Y | 1.2% | 0.3% | -1.1% |
Return vs Industry: DXS matched the Australian REITs industry which returned 0.3% over the past year.
Return vs Market: DXS exceeded the Australian Market which returned -1.1% over the past year.
Price Volatility
DXS volatility | |
---|---|
DXS Average Weekly Movement | 2.6% |
REITs Industry Average Movement | 3.3% |
Market Average Movement | 9.3% |
10% most volatile stocks in AU Market | 16.4% |
10% least volatile stocks in AU Market | 4.2% |
Stable Share Price: DXS is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: DXS's weekly volatility (3%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
2004 | 559 | Darren Steinberg | https://www.dexus.com |
Dexus is one of Australia’s leading real estate groups, proudly managing a high-quality Australian property portfolio valued at $32.1 billion. We believe that the strength and quality of our relationships will always be central to our success and are deeply committed to working with our customers to provide spaces that engage and inspire. We invest only in Australia, and directly own $16.5 billion of office and industrial properties.
Dexus Fundamentals Summary
DXS fundamental statistics | |
---|---|
Market Cap | AU$11.29b |
Earnings (TTM) | AU$1.50b |
Revenue (TTM) | AU$1.76b |
7.5x
P/E Ratio6.4x
P/S RatioIs DXS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
DXS income statement (TTM) | |
---|---|
Revenue | AU$1.76b |
Cost of Revenue | AU$320.50m |
Gross Profit | AU$1.44b |
Other Expenses | -AU$58.30m |
Earnings | AU$1.50b |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
Aug 16, 2022
Earnings per share (EPS) | 1.39 |
Gross Margin | 81.82% |
Net Profit Margin | 85.12% |
Debt/Equity Ratio | 43.0% |
How did DXS perform over the long term?
See historical performance and comparisonDividends
4.9%
Current Dividend Yield76%
Payout RatioFuture Growth
How is Dexus forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Future Growth Score
1/6Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
2.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DXS's forecast earnings growth (2.8% per year) is above the savings rate (1.8%).
Earnings vs Market: DXS's earnings (2.8% per year) are forecast to grow slower than the Australian market (6.4% per year).
High Growth Earnings: DXS's earnings are forecast to grow, but not significantly.
Revenue vs Market: DXS's revenue (3% per year) is forecast to grow slower than the Australian market (4.9% per year).
High Growth Revenue: DXS's revenue (3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DXS's Return on Equity is forecast to be low in 3 years time (6.1%).
Past Performance
How has Dexus performed over the past 5 years?
Past Performance Score
3/6Past Performance Score 3/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-6.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DXS has a large one-off gain of A$397.6M impacting its December 31 2021 financial results.
Growing Profit Margin: DXS's current net profit margins (85.1%) are higher than last year (31.9%).
Past Earnings Growth Analysis
Earnings Trend: DXS's earnings have declined by 6.8% per year over the past 5 years.
Accelerating Growth: DXS's earnings growth over the past year (257.4%) exceeds its 5-year average (-6.8% per year).
Earnings vs Industry: DXS earnings growth over the past year (257.4%) exceeded the REITs industry 215.6%.
Return on Equity
High ROE: DXS's Return on Equity (11.5%) is considered low.
Financial Health
How is Dexus's financial position?
Financial Health Score
2/6Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: DXS's short term assets (A$1.1B) exceed its short term liabilities (A$825.0M).
Long Term Liabilities: DXS's short term assets (A$1.1B) do not cover its long term liabilities (A$5.5B).
Debt to Equity History and Analysis
Debt Level: DXS's net debt to equity ratio (42.5%) is considered high.
Reducing Debt: DXS's debt to equity ratio has increased from 41.6% to 43% over the past 5 years.
Debt Coverage: DXS's debt is not well covered by operating cash flow (15.2%).
Interest Coverage: DXS's interest payments on its debt are well covered by EBIT (12.3x coverage).
Balance Sheet
Dividend
What is Dexus's current dividend yield, its reliability and sustainability?
Dividend Score
4/6Dividend Score 4/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
4.93%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DXS's dividend (4.93%) is higher than the bottom 25% of dividend payers in the Australian market (2.6%).
High Dividend: DXS's dividend (4.93%) is low compared to the top 25% of dividend payers in the Australian market (6.23%).
Stability and Growth of Payments
Stable Dividend: DXS's dividend payments have been volatile in the past 10 years.
Growing Dividend: DXS's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (76%), DXS's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (67.1%), DXS's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
7.4yrs
Average management tenure
CEO
Darren Steinberg
10.17yrs
Tenure
AU$5,205,728
Compensation
Mr. Darren Joseph Steinberg, F.A.C.I.D., serves as Independent Non-Executive Director at VGI Partners Limited since May 12, 2019. He has been the Chief Executive Officer of Dexus Asset Management Limited a...
CEO Compensation Analysis
Compensation vs Market: Darren's total compensation ($USD3.68M) is above average for companies of similar size in the Australian market ($USD2.42M).
Compensation vs Earnings: Darren's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: DXS's management team is seasoned and experienced (7.4 years average tenure).
Board Members
Experienced Board: DXS's board of directors are considered experienced (6.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: DXS insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Dexus's employee growth, exchange listings and data sources
Key Information
- Name: Dexus
- Ticker: DXS
- Exchange: ASX
- Founded: 2004
- Industry: Office REITs
- Sector: Real Estate
- Implied Market Cap: AU$11.293b
- Shares outstanding: 1.08b
- Website: https://www.dexus.com
Number of Employees
Location
- Dexus
- Australia Square
- Level 25
- Sydney
- New South Wales
- 2000
- Australia
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/05/26 00:00 |
End of Day Share Price | 2022/05/26 00:00 |
Earnings | 2021/12/31 |
Annual Earnings | 2021/06/30 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.