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1 Comment
Dexus is currently in a long term uptrend where the price is trading 11.2% above its 200 day moving average.
From a valuation standpoint, the stock is 12.2% cheaper than other stocks from the Real Estate sector with a price to sales ratio of 10.2.
Dexus's total revenue rose by 7.4% to $627M since the same quarter in the previous year.
Its net income has dropped by 55.5% to $443M since the same quarter in the previous year.
Finally, its free cash flow grew by 14.4% to $493M since the same quarter in the previous year.
Based on the above factors, Dexus gets an overall score of 4/5.
CurrencyCode | AUD |
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Sector | Real Estate |
Industry | REIT - Office |
Exchange | AU |
ISIN | AU000000DXS1 |
Market Cap | 8B |
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Target Price | 8.125 |
Dividend Yield | 5.1% |
PE Ratio | None |
Beta | 0.79 |
Dexus (ASX: DXS) is a leading Australasian fully integrated real asset group, managing a high-quality Australasian real estate and infrastructure portfolio valued at $54.5 billion. The Dexus platform includes the Dexus investment portfolio and the funds management business. We directly and indirectly own $14.8 billion of office, industrial, retail, healthcare, infrastructure and alternatives. We manage a further $39.7 billion of investments in our funds management business which provides third party capital with exposure to quality sector specific and diversified real asset products. The funds within this business have a strong track record of delivering performance and benefit from Dexus's capabilities. The platform's $16.1 billion real estate development pipeline provides the opportunity to grow both portfolios and enhance future returns. 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. Our sustainability approach is focused on the priority areas where we believe we can make significant impact: Customer Prosperity, Climate Action and Enhancing Communities. Dexus is supported by more than 37,000 investors from 23 countries. With four decades of expertise in real estate and infrastructure investment, funds management, asset management and development, we have a proven track record in capital and risk management and delivering returns for investors.
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