Dexus Industria REIT (CHIA:DXI) - Stock Price, News & Analysis

DXI Stock Overview

Dexus Industria REIT (ASX code: DXI) is a listed Australian real estate investment trust which is primarily invested in high-quality industrial warehouses.

About the company

DXI fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	3/6
Past Performance	1/6
Financial Health	4/6
Dividends	3/6

Rewards

Trading at 21.1% below our estimate of its fair value

Earnings are forecast to grow 26.07% per year

Risk Analysis

Unstable dividend track record

Large one-off items impacting financial results

Profit margins (2.6%) are lower than last year (48.2%)

Dexus Industria REIT Competitors

Centuria Industrial REIT

ASX:CIP

AU$1.9b

Garda Property Group

ASX:GDF

AU$224.5m

Rural Funds Group

ASX:RFF

AU$774.5m

Charter Hall Social Infrastructure REIT

ASX:CQE

AU$882.8m

Price History & Performance

Summary of all time highs, changes and price drops for Dexus Industria REIT
Historical stock prices
Current Share Price	AU$2.83
52 Week High	AU$3.11
52 Week Low	AU$2.36
Beta	1.05
11 Month Change	-3.25%
3 Month Change	-8.41%
1 Year Change	9.27%
33 Year Change	-16.52%
5 Year Change	-5.03%
Change since IPO	-4.71%

Recent updates

Shareholder Returns

	DXI	AU Industrial REITs	AU Market
7D	-6.0%	-3.0%	-0.1%
1Y	9.3%	59.1%	8.3%

Return vs Industry: DXI underperformed the Australian Industrial REITs industry which returned 59.1% over the past year.

Return vs Market: DXI matched the Australian Market which returned 8.3% over the past year.

Price Volatility

Is DXI's price volatile compared to industry and market?
DXI volatility
DXI Average Weekly Movement	3.2%
Industrial REITs Industry Average Movement	2.9%
Market Average Movement	8.3%
10% most volatile stocks in AU Market	16.3%
10% least volatile stocks in AU Market	3.2%

Stable Share Price: DXI has not had significant price volatility in the past 3 months.

Volatility Over Time: DXI's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2013	n/a	Darren Steinberg	www.dexus.com/investor-centre/listed-funds/dexus-industria-reit/

Dexus Industria REIT (ASX code: DXI) is a listed Australian real estate investment trust which is primarily invested in high-quality industrial warehouses. At 31 December 2022, the fund’s portfolio is valued at $1.6 billion and is located across the major Australian cities, providing sustainable income and capital growth prospects for security holders over the long term. The fund has a target gearing range of 30 – 40%.

Dexus Industria REIT Fundamentals Summary

How do Dexus Industria REIT's earnings and revenue compare to its market cap?
DXI fundamental statistics
Market cap	AU$894.70m
Earnings (TTM)	AU$2.30m
Revenue (TTM)	AU$87.38m

389.5x

P/E Ratio

10.2x

P/S Ratio

Is DXI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DXI income statement (TTM)
Revenue	AU$87.38m
Cost of Revenue	AU$19.22m
Gross Profit	AU$68.16m
Other Expenses	AU$65.87m
Earnings	AU$2.30m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Aug 14, 2024

Earnings per share (EPS)	0.0072
Gross Margin	78.01%
Net Profit Margin	2.63%
Debt/Equity Ratio	27.5%

How did DXI perform over the long term?

See historical performance and comparison

Dividends

5.8%

Current Dividend Yield

95%

Payout Ratio

DXI Stock Overview

Rewards

Risk Analysis

Dexus Industria REIT Competitors

ASX:CIP

AU$1.9b

ASX:GDF

AU$224.5m

ASX:RFF

AU$774.5m

ASX:CQE

AU$882.8m

Price History & Performance

Recent News & Updates

Now 21% undervalued after recent price drop

Dividend of AU$0.041 announced

Dexus Industria REIT to Report Fiscal Year 2024 Results on Aug 14, 2024

Upcoming dividend of AU$0.041 per share

Dividend of AU$0.041 announced

Now 20% undervalued

Recent updates

Now 21% undervalued after recent price drop

Dividend of AU$0.041 announced

Dexus Industria REIT to Report Fiscal Year 2024 Results on Aug 14, 2024

Upcoming dividend of AU$0.041 per share

Dividend of AU$0.041 announced

Now 20% undervalued

Now 21% undervalued

First half 2024 earnings released: FFO per share: AU$0.09 (vs AU$0.085 in 1H 2023)

Dexus Industria REIT, Annual General Meeting, Nov 21, 2024

Upcoming dividend of AU$0.041 per share at 5.8% yield

Dexus Industria REIT Announces Estimated Dividend for the Quarter Ending December 31, 2023, Payable on February 22, 2024

An unknown buyer exchanged contract to acquire Property at 32-40 Garden Street, Kilsyth, Victoria from Dexus Industria REIT (ASX:DXI) for AUD 31.5 million.

Now 21% undervalued after recent price drop

Now 20% undervalued after recent price drop

Dexus Industria REIT Announces Dividend for the Quarter Ending September 30, 2023, Payable on November 9, 2023

Full year 2023 earnings released: AU$0.02 loss per share (vs AU$0.53 profit in FY 2022)

Now 21% undervalued after recent price drop

An unknown buyer agreed to acquire 16-28 Quarry Road, Stapylton, Queensland from Dexus Industria REIT (ASX:DXI) for AUD 66.9 million.

Dexus Industria REIT Declares Dividend for the Quarter Ended 31 March 2023, Payable on 19 May 2023

Director recently bought AU$72k worth of stock

Now 20% undervalued

First half 2023 earnings released: FFO per share: AU$0.09 (vs AU$0.10 in 1H 2022)

Upcoming dividend of AU$0.041 per share

Dexus Industria REIT Announces Ordinary Unfranked Distribution for the Period of Quarter Ending December 30, 2022, Payable on February 23, 2023

Less than half of directors are independent

Less than half of directors are independent

Dexus Industria REIT Appoints Danielle Cherie Carter as Director

Upcoming dividend of AU$0.041 per share

Dexus Industria REIT Announces Ordinary Estimated Distribution for the Quarter Ending September 30, 2022, Payable on November 10, 2022

Full year 2022 earnings released: EPS: AU$0.53 (vs AU$0.51 in FY 2021)

Dexus Industria REIT, Annual General Meeting, Nov 23, 2023

Dexus Industria REIT to Report Fiscal Year 2022 Results on Aug 10, 2022

Dexus Industria Reit Appoints Emily Margaret Williams Smith as Director

First half 2022 earnings: EPS in line with analyst expectations despite revenue beat

Dexus Industria REIT Confirms Distribution for the Half Year Ended 31 December 2021

Dexus Industria REIT Reiterates Distribution Guidance for the Fiscal Year 2022

Upcoming dividend of AU$0.043 per share

Upcoming dividend of AU$0.043 per share

Full year 2021 earnings released: FFO AU$0.20 per share (vs AU$0.19 in FY 2020)

Upcoming dividend of AU$0.043 per share

Upcoming dividend of AU$0.043 per share

APN Industria REIT Announces Distribution for the Quarter Ending March 31, 2021, Payable on May 7, 2021

New 90-day high: AU$3.06

First half 2021 earnings released: FFO AU$0.10 per share (vs AU$0.10 in 1H 2020)

APN Industria REIT to Report First Half, 2021 Results on Feb 17, 2021

New 90-day high: AU$3.08

APN Industria REIT (ASX:ADI) entered into an agreement to acquire Three properties at Adelaide Airport for approximately AUD 28.8 million.

New 90-day high: AU$2.80

Upcoming Dividend of AU$0.043 Per Share

New 90-day high: AU$2.70

Earnings released

APN Industria REIT to Report Fiscal Year 2020 Results on Aug 19, 2020

Shareholder Returns

Price Volatility

About the Company

Dexus Industria REIT Fundamentals Summary

389.5x

10.2x

Earnings & Revenue