DEXUS (OTCPK:DEXS.F) - Stock Price, News & Analysis

DEXS.F Stock Overview

DEXS.F fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	4/6
Past Performance	0/6
Financial Health	0/6
Dividends	5/6

Rewards

Trading at 31.4% below our estimate of its fair value

Earnings are forecast to grow 54.27% per year

Risk Analysis

Debt is not well covered by operating cash flow

Shares are highly illiquid

Unstable dividend track record

DEXUS Competitors

Vornado Realty Trust

NYSE:VNO

US$5.3b

SL Green Realty

NYSE:SLG

US$3.5b

Cousins Properties

NYSE:CUZ

US$3.5b

Kilroy Realty

NYSE:KRC

US$3.9b

Price History & Performance

Summary of all time highs, changes and price drops for DEXUS
Historical stock prices
Current Share Price	AU$4.71
52 Week High	AU$6.11
52 Week Low	AU$4.06
Beta	0.74
1 Month Change	-10.94%
3 Month Change	7.07%
1 Year Change	-9.05%
3 Year Change	-39.13%
5 Year Change	-48.90%
Change since IPO	390.73%

Recent updates

Shareholder Returns

	DEXS.F	US Office REITs	US Market
7D	0%	2.8%	1.0%
1Y	-9.1%	9.4%	21.9%

Return vs Industry: DEXS.F underperformed the US Office REITs industry which returned 13.5% over the past year.

Return vs Market: DEXS.F underperformed the US Market which returned 24.9% over the past year.

Price Volatility

Is DEXS.F's price volatile compared to industry and market?
DEXS.F volatility
DEXS.F Average Weekly Movement	n/a
Office REITs Industry Average Movement	5.6%
Market Average Movement	6.0%
10% most volatile stocks in US Market	16.8%
10% least volatile stocks in US Market	3.0%

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

Volatility Over Time: Insufficient data to determine DEXS.F's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2004	1,079	Ross Du Vernet	www.dexus.com

Dexus (ASX: DXS) is a leading Australasian fully integrated real asset group, managing a high-quality Australasian real estate and infrastructure portfolio valued at $61.0 billion (pro forma post final completion of the AMP Capital acquisition). We believe that the strength and quality of our relationships will always be central to our success and are deeply connected to our purpose: Unlock potential, create tomorrow. We directly and indirectly own $17.4 billion of office, industrial, healthcare, retail and infrastructure assets and investments.

DEXUS Fundamentals Summary

How do DEXUS's earnings and revenue compare to its market cap?
DEXS.F fundamental statistics
Market cap	US$5.01b
Earnings (TTM)	-US$893.24m
Revenue (TTM)	US$194.26m

25.8x

P/S Ratio

-5.6x

P/E Ratio

Is DEXS.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DEXS.F income statement (TTM)
Revenue	AU$298.60m
Cost of Revenue	AU$200.90m
Gross Profit	AU$97.70m
Other Expenses	AU$1.47b
Earnings	-AU$1.37b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Aug 14, 2024

Earnings per share (EPS)	-1.28
Gross Margin	32.72%
Net Profit Margin	-459.81%
Debt/Equity Ratio	41.3%

How did DEXS.F perform over the long term?

See historical performance and comparison

Dividends

7.2%

Current Dividend Yield

78%

Payout Ratio

DEXS.F Stock Overview

Rewards

Risk Analysis

DEXUS Competitors

NYSE:VNO

US$5.3b

NYSE:SLG

US$3.5b

NYSE:CUZ

US$3.5b

NYSE:KRC

US$3.9b

Price History & Performance

Recent News & Updates

Dexus Announces the Ordinary Dividend for the Six Month Ending December 31, 2023, Payable on February 29, 2024

Dexus Announces Chief Executive Officer Changes, Effective 28 March 2024

Darren Steinberg to Step Down as Dexus CEO

Darren Steinberg to Step Down as Dexus CEO

Buyers Reportedly on Runway for Airport Stakes

An unknown buyer agreed to acquire A grade office building at 1 Margaret Street from DEXUS (ASX:DXS) for AUD 300 million.

Recent updates

Dexus Announces the Ordinary Dividend for the Six Month Ending December 31, 2023, Payable on February 29, 2024

Dexus Announces Chief Executive Officer Changes, Effective 28 March 2024

Darren Steinberg to Step Down as Dexus CEO

Darren Steinberg to Step Down as Dexus CEO

Buyers Reportedly on Runway for Airport Stakes

An unknown buyer agreed to acquire A grade office building at 1 Margaret Street from DEXUS (ASX:DXS) for AUD 300 million.

DEXUS to Report First Half, 2024 Results on Feb 14, 2024

An unknown buyer has exchanged contracts to acquire Axxess Corporate Park, Mount Waverley Victoria from DEXUS (ASX:DXS) for approximately AUD 310 million.

An unknown buyer entered into an agreement to acquire CBD A Grade Office Building in Sydney from Dexus (ASX:DXS).

Dexus Announces Actual Dividend for the Six Month Ending December 31, 2022, Payable on February 28, 2023

Dexus Announces Dividend for the Six Month Ending December 31, 2022, Payable on February 28, 2023

Ashe Morgan Pty Limited acquired Homemaker Prospect from Dexus (ASX:DXS) for AUD 78.9 million.

Ashe Morgan Pty Limited acquired Homemaker Prospect from Dexus (ASX:DXS) for AUD 78.9 million.

Dexus Provides Distribution Guidance for the 12 Months Ended 30 June 2023

Sim Lian Group Limited acquired Shepparton Marketplace Shopping Centre from Dexus Wholesale Property Fund, managed by Dexus (ASX:DXS) for $88.1 million.

Dexus to Report Fiscal Year 2023 Results on Aug 16, 2023

Dexus Announces Ordinary Franked Dividend for the Six Months Ended June 30, 2022, Payable on August 30, 2022

An Unknown buyer completed the acquisition of 50% of stake in 309-321 Kent Street, Sydney from Dexus (ASX:DXS).

Dexus (ASX:DXS) agreed to acquire Collimates real estate and domestic infrastructure equity business from Collimate Capital Limited for AUD 550 million.

Dexus Confirms Discussions with AMP

AMP Confirms in Talks to Sell Investment Management Unit with Multiple Parties, Including Dexus

An unknown buyer completed the acquisition of 50% stake in 12 Creek Street, Brisbane from Dexus (ASX:DXS).

An unknown buyer entered into agreement to acquire 50% stake in 12 Creek Street, Brisbane from Dexus (ASX:DXS) for AUD 319 million.

An unknown buyer completed the acquisition of 201 Miller Street, North Sydney from DEXUS Office Partnership, managed by Dexus (ASX:DXS).

An unknown buyer agreed to acquire 140 & 150 George Street from DEXUS Office Partnership for approximately AUD 150 million.

AMP Capital Shopping Centre Fund, managed by AMP Capital Investors Limited acquired a 25% stake in CEV Multimedia ltd from Dexus Wholesale Property Fund managed by Dexus (ASX:DXS) for approximately AUD 420 million.

An unknown buyer exchanged contracts to acquire 201 Miller Street, North Sydney from DEXUS Office Partnership, managed by Dexus (ASX:DXS) AUD 152.4 million.

Shayher Group agreed to acquire Milton Green business park from Dexus Wholesale Property Fund, a fund managed by Dexus (ASX:DXS) and AMP Capital Diversified Property Fund, a fund managed by AMP Capital Investors Limited.

An unknown buyer agreed to acquire A-Grade Office Building Located at 383 Kent Street, Sydney from Dexus (ASX:DXS) for approximately AUD 400 million.

Dexus Healthcare Property Fund, a fund managed by Dexus (ASX:DXS), acquired Arcadia Pittwater Private Hospital and Day Rehabilitation Facility from Breckenridge Funds Management for AUD 50.5 million.

Dexus Reportedly to Sell $1.3 Billion of Towers

Dexus (ASX:DXS) completed the acquisition of APN Property Group Limited (ASX:APD).

Huge Linkage acquired 60 Miller Street, North Sydney. from Dexus for AUD 273 million.

Dexus Healthcare Property Fund managed by Dexus (ASX:DXS) acquired two inner-city Brisbane medical related properties from Silverstone Developments Pty Ltd for $130.7 million.

Dexus Upgrades Dividend Guidance for the Full Year Ending June 30, 2021

Dexus (ASX:DXS) entered into a binding Scheme Implementation Deed to acquire APN Property Group Limited (ASX:APD) for AUD 320 million.

LOGOS Reportedly Taps Moelis in Bid for Milestone Logistics

China Investment Corporation completed the acquisition of additional 50% majority stake in Grosvenor Place Office Building in Sydney, Australia from DEXUS Office Partnership managed by Dexus (ASX:DXS) and Canada Pension Plan Investment Board.

Charter Hall, Dexus, ESR and Centuria Reportedly in Hunt for Blackstone Portfolio of Australian Industrial Properties

Dexus and CPP Investment Board Reportedly Looks to Offload Gold Tower

China Investment Corporation completed the acquisition of additional 50% majority stake in Grosvenor Place Office Building in Sydney, Australia from Dexus (ASX:DXS) and DEXUS Office Partnership for approximately AUD 930 million.

Huge Linkage agreed to acquire 60 Miller Street, North Sydney from Dexus (ASX:DXS) for approximately AUD 270 million.

Dexus (ASX:DXS) and The Healthcare Wholesale Property Fund, fund managed by Dexus entered into agreement to acquire Australian Bragg Centre in Adelaide from Commercial & General Pty Ltd for approximately AUD 450 million.

Charter Hall, Dexus Eyes AMP Property Merger

Deka Immobilien GmbH agreed to acquire A-Grade Office Tower in Melbourne CBD from Dexus Wholesale Property Fund, a fund managed by Dexus (ASX:DXS) for approximately AUD 440 million.

Dexus to Report Fiscal Year 2021 Results on Aug 17, 2021

The Healthcare Wholesale Property Fund, managed by Dexus (ASX:DXS) signed a contract to acquire College Junction commercial complex at Clayfield in Brisbane for AUD 36.5 million.

An unknown buyer agreed to acquire 25% stake in CBD Office Tower at 201 Elizabeth Street, Sydney from Dexus (ASX:DXS) for approximately AUD 160 million.

Shareholder Returns

Price Volatility

About the Company

DEXUS Fundamentals Summary

25.8x

-5.6x

Earnings & Revenue

Dividends

7.2%

78%