Dexus Convenience Retail REIT (ASX code: DXC) is a listed Australian real estate investment trust which owns high quality Australian service stations and convenience retail assets. At 31 December 2024, the fund’s portfolio is valued at approximately $709 million, is predominantly located on Australia’s eastern seaboard and leased to leading Australian and international convenience retail tenants. The portfolio has a long lease expiry profile and contracted annual rent increases, delivering the fund a sustainable and strong level of income security. The fund has a conservative approach to capital management with a target gearing range of 25 – 40%. Dexus Convenience Retail REIT is governed by a majority Independent Board and managed by Dexus (ASX code: DXS), one of Australia’s leading fully integrated real asset groups, with over 35 years of expertise in property investment, funds management, asset management and development.
Metrics to compare | DXC | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipDXCPeersSector | |
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P/E Ratio | 38.9x | 18.4x | 8.9x | |
PEG Ratio | 0.02 | 0.15 | 0.01 | |
Price/Book | 1.9x | 1.2x | 0.9x | |
Price / LTM Sales | 7.5x | 7.6x | 4.0x | |
Upside (Analyst Target) | 11.4% | 3.2% | 11.5% | |
Fair Value Upside | Unlock | −0.4% | −0.1% | Unlock |