Vicinity Centres

CNRAF US

CNRAF USVicinity Centres

United States Composite

1.27

USD

+0.05

(+3.69%)

0.14EPS Dil.

8.47P/E

5.76BMarket Cap

7.91%Div. Yield

Upgrade to Unlock Non-US CompaniesTo view real-time data and analysis of companies outside of the United States, upgrade your account to our premium subscription.

Upgrade

Next Earnings

February 12

Ex-Dividend Date

August 21

Held by Insiders

16.11%

Held by Institutions

62.80%

Use logarithmic scale

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	TTM
Revenue per Share	- -	0.21	0.35	0.36	0.31	0.34	0.33	0.34	0.33	0.32	0.24	0.26	0.28	0.27
Basic EPS, GAAP	- -	-0.17	0.15	0.31	0.26	0.24	0.4	0.31	0.09	-0.47	-0.06	0.27	0.06	0.15
Free Cash Flow per Basic Share	- -	0.02	0.15	0.17	0.16	0.18	0.18	0.18	0.17	0.12	0.14	0.13	0.15	0.16
Dividend per Share	- -	- -	0.13	0.16	0.11	0.17	0.18	0.17	0.16	0.15	0.03	0.11	0.11	0.1
Book Value per Share	- -	2.5	2.35	2.51	2.67	2.74	2.97	3.13	3.07	2.33	2.2	2.39	2.33	2.33
Tangible Book Value per Share	- -	2.35	2.22	2.37	2.45	2.59	2.82	2.97	2.92	2.29	2.2	2.36	2.3	2.3
Basic Weighted Avg Shares	- -	1,341	1,420	1,428	2,641	3,959	3,959	3,893	3,830	3,808	4,552	4,552	4,552	4,552
Sales/Revenue/Turnover	- -	287	501	520	831	1,326	1,302	1,330	1,282	1,213	1,096	1,180	1,275	1,236
Operating Margin (%)	- -	0.27	52	56.46	59.18	64.7	64.37	63.79	61.61	16.21	54.92	56.37	61.53	59.53
Depreciation Expense	- -	1	1	2	3	- -	- -	4	4	433	- -	6	5	5
Net Income, GAAP	- -	-223	213	441	675	961	1,584	1,219	346	-1,801	-257	1,215	272	660
Effective Tax Rate (%)	- -	- -	- -	- -	0.74	- -	- -	- -	- -	- -	- -	- -	- -	2.53
Profit Margin (%)	- -	-77.74	42.46	84.86	81.21	72.44	121.62	91.65	27	-148.52	-23.43	103	21.3	53.4
Working Capital	-111	14	19	-169	-1,814	-459	-462	-456	-790	5	-245	-174	-304	-304
LT Debt	1,645	1,239	1,108	1,178	2,985	3,950	4,096	4,601	4,242	4,066	3,602	4,074	4,133	4,133
Total Equity	3,352	3,348	3,363	3,589	10,596	10,849	11,748	12,108	11,589	10,560	10,014	10,885	10,638	10,638
Return on Invested Capital (%)	- -	- -	- -	6.02	4.92	5.73	5.43	5.2	4.79	- -	- -	- -	- -	4.99
Return on Capital (%)	- -	- -	- -	10.59	8.31	7.6	11.27	8.58	3.22	- -	- -	- -	- -	3.44
Return on Common Equity (%)	- -	-6.66	6.34	12.72	9.53	8.97	14.02	10.22	2.92	-16.27	-2.5	11.63	2.52	6.4

Capital Structure

•

in mil. unless spec.

Working Capital

•

in mil. unless spec.

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)	10 years	5 years	1 year
Sales/Revenue/Turnover	12.06%	-0.59%	8.04%
Net Income, GAAP	-118.4%	-285.72%	-77.66%
Free Cash Flow	17.2%	2.61%	19.29%
Total Cash Common Dividend	32.78%	29.94%	1.36%
Total Equity	20.37%	-2.38%	-2.27%

Growth Rates

•

in mil. unless spec.

Quarterly Revenue

•

in mil. unless spec.

Quarterly Earnings Per Share

•

in mil. unless spec.

Quarterly Dividends Per Share

•

in mil. unless spec.

Company Description

CEO: Mr. Peter Charles Huddle B.Sc., BECON
Sector: Real Estate
Industry: REIT - Retail
Address: Level 4, Chadstone Tower One Chadstone VIC Australia 3148
Website: www.vicinity.com.au
Business: Vicinity Centres (Vicinity or the Group) is one of Australia's leading retail property groups with a fully integrated asset management platform, and $24 billion in retail assets under management across 60 shopping centres, making it the second largest listed manager of Australian retail property. The Group has a Direct Portfolio with interests in 59 shopping centres (including the DFO Brisbane business) and manages 30 assets on behalf of Strategic Partners, 29 of which are co-owned by the Group. Vicinity is listed on the Australian Securities Exchange (ASX) under the code 'VCX' and has 24,000 securityholders. Vicinity also has European medium term notes listed on the ASX under the code 'VCD'.

Company News

Yahoo Finance
25 days ago
Janus Henderson Takes Big Swing on Australian REITs
tipranks.com
a month ago
Morgan Stanley Reaffirms Their Sell Rating on Vicinity Centres (CNRAF)
tipranks.com
a month ago
Vicinity Centres Reports Solid Quarterly Growth
tipranks.com
2 months ago
State Street Ups Stake in Vicinity Centres
Yahoo
a year ago
Shopping in the city has never felt so good: Vicinity Centres reinvents the meaning of 'Retail Therapy'
Yahoo Finance
a year ago
Shopping in the city has never felt so good: Vicinity Centres reinvents the meaning of 'Retail Therapy'
Yahoo
a year ago
Vicinity Centres (ASX:VCX) shareholders have earned a 22% CAGR over the last three years
Yahoo Finance
a year ago
Vicinity Centres (ASX:VCX) shareholders have earned a 22% CAGR over the last three years
Yahoo Finance
a year ago
Could Vicinity Centres' (ASX:VCX) Weak Financials Mean That The Market Could Correct Its Share Price?
Yahoo
a year ago
Could Vicinity Centres' (ASX:VCX) Weak Financials Mean That The Market Could Correct Its Share Price?
Yahoo
2 years ago
With 54% ownership, Vicinity Centres (ASX:VCX) boasts of strong institutional backing
Yahoo Finance
2 years ago
With 54% ownership, Vicinity Centres (ASX:VCX) boasts of strong institutional backing
Yahoo Finance
2 years ago
Vicinity Centres' (ASX:VCX) Stock Financial Prospects Look Bleak: Should Shareholders Be Prepared For A Share Price Correction?
Yahoo
2 years ago
Vicinity Centres' (ASX:VCX) Stock Financial Prospects Look Bleak: Should Shareholders Be Prepared For A Share Price Correction?
Yahoo
2 years ago
How Much Of Vicinity Centres (ASX:VCX) Do Institutions Own?
Yahoo Finance
2 years ago
How Much Of Vicinity Centres (ASX:VCX) Do Institutions Own?
Yahoo
2 years ago
Vicinity Centres (ASX:VCX) shareholders have endured a 14% loss from investing in the stock five years ago
Yahoo Finance
2 years ago
Vicinity Centres (ASX:VCX) shareholders have endured a 14% loss from investing in the stock five years ago

	Jun'21	Jun'22	Jun'23
ST Debt	23	68	328
LT Borrowings	3,282	3,712	3,750
LT Finance Leases	320	361	382
Preferred Equity and Hybrid Capital	- -	- -	- -
Shares Outstanding	4,552	4,552	4,552
Market Capitalization	7,710	8,114	8,468

	Jun'21	Jun'22	Jun'23
Total Current Assets	267	173	356
Accounts Receivable, Net	135	108	21
Cash, Cash Equivalents & STI	36	56	193
Inventories	- -	- -	- -
Total Current Liabilities	512	347	661
Payables & Accruals	463	197	195
ST Debt	23	68	328
Deferred Revenue	- -	- -	- -

Year	Q1	Q2	Q3	Q4	FY
2021	- -	514	- -	- -	1,096
2022	- -	598	- -	- -	1,180
2023	- -	638	- -	- -	1,275

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	TTM
Revenue per Share	- -	0.21	0.35	0.36	0.31	0.34	0.33	0.34	0.33	0.32	0.24	0.26	0.28	0.27
Basic EPS, GAAP	- -	-0.17	0.15	0.31	0.26	0.24	0.4	0.31	0.09	-0.47	-0.06	0.27	0.06	0.15
Free Cash Flow per Basic Share	- -	0.02	0.15	0.17	0.16	0.18	0.18	0.18	0.17	0.12	0.14	0.13	0.15	0.16
Dividend per Share	- -	- -	0.13	0.16	0.11	0.17	0.18	0.17	0.16	0.15	0.03	0.11	0.11	0.1
Book Value per Share	- -	2.5	2.35	2.51	2.67	2.74	2.97	3.13	3.07	2.33	2.2	2.39	2.33	2.33
Tangible Book Value per Share	- -	2.35	2.22	2.37	2.45	2.59	2.82	2.97	2.92	2.29	2.2	2.36	2.3	2.3
Basic Weighted Avg Shares	- -	1,341	1,420	1,428	2,641	3,959	3,959	3,893	3,830	3,808	4,552	4,552	4,552	4,552
Sales/Revenue/Turnover	- -	287	501	520	831	1,326	1,302	1,330	1,282	1,213	1,096	1,180	1,275	1,236
Operating Margin (%)	- -	0.27	52	56.46	59.18	64.7	64.37	63.79	61.61	16.21	54.92	56.37	61.53	59.53
Depreciation Expense	- -	1	1	2	3	- -	- -	4	4	433	- -	6	5	5
Net Income, GAAP	- -	-223	213	441	675	961	1,584	1,219	346	-1,801	-257	1,215	272	660
Effective Tax Rate (%)	- -	- -	- -	- -	0.74	- -	- -	- -	- -	- -	- -	- -	- -	2.53
Profit Margin (%)	- -	-77.74	42.46	84.86	81.21	72.44	121.62	91.65	27	-148.52	-23.43	103	21.3	53.4
Working Capital	-111	14	19	-169	-1,814	-459	-462	-456	-790	5	-245	-174	-304	-304
LT Debt	1,645	1,239	1,108	1,178	2,985	3,950	4,096	4,601	4,242	4,066	3,602	4,074	4,133	4,133
Total Equity	3,352	3,348	3,363	3,589	10,596	10,849	11,748	12,108	11,589	10,560	10,014	10,885	10,638	10,638
Return on Invested Capital (%)	- -	- -	- -	6.02	4.92	5.73	5.43	5.2	4.79	- -	- -	- -	- -	4.99
Return on Capital (%)	- -	- -	- -	10.59	8.31	7.6	11.27	8.58	3.22	- -	- -	- -	- -	3.44
Return on Common Equity (%)	- -	-6.66	6.34	12.72	9.53	8.97	14.02	10.22	2.92	-16.27	-2.5	11.63	2.52	6.4