Vicinity Centres (Vicinity or the Group) is one of Australia leading retail property groups with a fully integrated asset management platform, and $24 billion in retail assets under management across 52 shopping centres, making it the second largest listed manager of Australian retail property. The Group has a Direct Portfolio with interests in 51 shopping centres (including the DFO Brisbane business) and manages 24 assets on behalf of Strategic Partners. Vicinity is listed on the Australian Securities Exchange (ASX) under the code VCX and has circa 21,000 securityholders. Vicinity also has European medium term notes listed on the ASX under the code VCD.
Metrics to compare | VCX | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipVCXPeersSector | |
---|---|---|---|---|
P/E Ratio | 14.0x | 21.8x | 9.1x | |
PEG Ratio | 0.09 | 0.12 | 0.01 | |
Price/Book | 1.1x | 1.3x | 0.9x | |
Price / LTM Sales | 8.3x | 7.6x | 3.9x | |
Upside (Analyst Target) | −3.2% | 5.6% | 12.6% | |
Fair Value Upside | Unlock | −4.2% | 0.1% | Unlock |