Company Valuation: DEXUS

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 11,476 9,551 8,389 6,953 7,133 6,289 - -
Change - -16.78% -12.16% -17.12% 2.59% -11.84% - -
Enterprise Value (EV) 1 16,381 14,418 13,611 11,809 11,790 11,032 11,152 11,157
Change - -11.99% -5.6% -13.24% -0.16% -6.43% 1.09% 0.04%
P/E 10.2x 5.99x -11.1x -4.4x 52.4x 8.97x 11.2x 11.5x
PBR 0.92x 0.7x 0.68x 0.68x 0.72x 0.63x 0.61x 0.6x
PEG - 0.1x 0x -0x -0x 0x -0.6x -5.62x
Capitalization / Revenue 11.3x 10.9x 9.89x 7.71x 7.5x 6.25x 6.49x 6.07x
EV / Revenue 16.1x 16.5x 16x 13.1x 12.4x 11x 11.5x 10.8x
EV / EBITDA 19x 15.5x 15.1x 13.5x 13x 14.2x 14.9x 14x
EV / EBIT 19.2x 15.8x 15.3x 13.7x 13.3x 13.7x 14.9x 13.8x
EV / FCF 23.7x 26x 24.8x 25.3x 16x 25x -88.2x 112x
FCF Yield 4.21% 3.85% 4.02% 3.95% 6.26% 4% -1.13% 0.9%
Dividend per Share 2 0.518 0.532 0.516 0.48 0.37 0.369 0.3476 0.3627
Rate of return 4.85% 5.99% 6.62% 7.41% 5.56% 6.28% 5.91% 6.17%
EPS 2 1.047 1.484 -0.7 -1.473 0.1268 0.6555 0.5237 0.513
Distribution rate 49.5% 35.9% -73.7% -32.6% 292% 56.3% 66.4% 70.7%
Net sales 1 1,016 874.3 848.4 902.2 951.2 1,006 969.1 1,036
EBITDA 1 862.3 928.4 899.9 876.9 903.6 774.2 746.4 794.8
EBIT 1 853.2 914.6 891.5 863 885.5 805.3 749.9 808.8
Net income 1 525 1,583 -752.7 -1,584 136.1 693.2 542.9 554.4
Net Debt 1 4,905 4,867 5,222 4,856 4,657 4,743 4,864 4,868
Reference price 2 10.670 8.880 7.800 6.480 6.650 5.880 5.880 5.880
Nbr of stocks (in thousands) 1,075,565 1,075,565 1,075,565 1,073,020 1,072,665 1,069,489 - -
Announcement Date 16/08/21 16/08/22 15/08/23 19/08/24 19/08/25 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
8.97x10.97x14.25x6.28% 4.46B
32.98x7.41x13.04x4.17% 10.93B
25.41x16.62x26.64x3.88% 7.11B
23.38x16.05x26.84x4.35% 5.4B
212.57x8.02x12.54x4.34% 4.89B
39.16x12.45x16.26x6.22% 4.49B
158.48x7.79x13.58x5.99% 4.22B
25.97x8.68x16.08x3.46% 4.17B
-25.51x10.12x23.75x4.43% 3.97B
8.38x19.89x23.81x5.8% 3.96B
Average 50.98x 11.80x 18.68x 4.89% 5.36B
Weighted average by Cap. 49.09x 11.53x 18.43x 4.74%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield