DEXUS (DXS)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

DXS - DEXUS

FNArena Sector : REITs
Year End: June
GICS Industry Group : Real Estate
Debt/EBITDA: 15.33
Index: ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS

Dexus is an Australian Real Estate Investment Trust (REIT) that owns a portfolio of mainly office properties and manages a range of office, industrial and healthcare properties for third parties. It was founded in 1984 and listed on the ASX as the Deutsche Diversified Trust.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$7.06

07 May
2024

0.020

OPEN

$7.09

0.28%

HIGH

$7.13

4,090,183

LOW

$6.96

TARGET
$8.644

+0.10 change from previous day

 22.4% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
ABG . AOF . ARF . ASK . BWP . CDP . CDP . CHC . CIP . CLW . COF . CQE . CQR . DXC . DXI . ECF . GDF . GDI . HCW . HDN . NPR . NSR . PLG . REP . RFF . RGN . SCG . TGP . URW . VCX . WOT . WPR .
FNARENA'S MARKET CONSENSUS FORECASTS
DXS: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx N/A 61.8 xxx
DPS (cps) xxx N/A 48.2 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 11.5 xxx
Dividend Yield xxx N/A 6.8% xxx
Div Pay Ratio(%) xxx N/A 78.0% xxx

Dividend yield today if purchased 3 years ago: 5.03%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 7.27

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 28/12 - ex-div 26.7c (franking 0%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx-70.0
DPS All xxxxxxxxxxxxxxx51.6
Sales/Revenue xxxxxxxxxxxxxxx877.6 M
Book Value Per Share xxxxxxxxxxxxxxx1,140.3
Net Operating Cash Flow xxxxxxxxxxxxxxx770.9 M
Net Profit Margin xxxxxxxxxxxxxxx-85.77 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx-5.83 %
Return on Invested Capital xxxxxxxxxxxxxxx-4.22 %
Return on Assets xxxxxxxxxxxxxxx-3.98 %
Return on Equity xxxxxxxxxxxxxxx-5.83 %
Return on Total Capital xxxxxxxxxxxxxxx1.88 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx194.4 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx405 M
Long Term Debt xxxxxxxxxxxxxxx4,940 M
Total Debt xxxxxxxxxxxxxxx5,346 M
Goodwill - Gross xxxxxxxxxxxxxxx110 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx124 M
Price To Book Value xxxxxxxxxxxxxxx0.68

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx8.0 M
Capex % of Sales xxxxxxxxxxxxxxx0.91 %
Cost of Goods Sold xxxxxxxxxxxxxxx303 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx234 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx6,954 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.1

No. Of Recommendations

5
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Citi

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Morgan Stanley

xx/xx/xxxx

5

xxxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

UBS

16/02/2024

3

Neutral

$8.70

23.23%

Buy and target $8.70 left unchanged as UBS, upon further analysis, suspects there might be room for an upside surprise when the FY24 dividend is declared.

The broker expains it sees upside from the funds strategy and from office also because of low market expectations.

On UBS's initial assessment, Dexus' H1 release earlier today was better than forecasts, but management has left dividend guidance for FY24 unchanged.

Stronger funds management and lower interest expenses have combined with 4% office rental growth in a strong performance overall, the broker concluded, though office rental growth is expected to slow in H2.

FORECAST
UBS forecasts a full year FY24 dividend of 49.00 cents and EPS of 66.00 cents.
UBS forecasts a full year FY25 dividend of 51.00 cents and EPS of 68.00 cents.

Ord Minnett

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >

DXS STOCK CHART

FNArena News on DXS

1
In Brief: Pro Medicus, Trump’s Trade War & Resi Construction

Apr 12 2024 - Weekly Reports
2
Rudi’s View: Selective Opportunities Among Discounted REITs

Mar 20 2024 - Rudi's View
3
Australian Broker Call *Extra* Edition – Feb 20, 2024

Feb 20 2024 - Daily Market Reports
4
FNArena Corporate Results Monitor – 15-02-2024

Feb 15 2024 - Australia
5
ESG Focus: Rounding Up A Psychosocial FY23 Season

Nov 20 2023 - ESG Focus

Latest REITs News

1
Australian Listed Real Estate Tables – 06-05-2024

May 06 2024 - Weekly Reports
2
Australian Listed Real Estate Tables – 29-04-2024

Apr 29 2024 - Weekly Reports
3
Australian Listed Real Estate Tables – 22-04-2024

Apr 22 2024 - Weekly Reports
4
Australian Listed Real Estate Tables – 15-04-2024

Apr 15 2024 - Weekly Reports
5
Australian Listed Real Estate Tables – 08-04-2024

Apr 08 2024 - Weekly Reports
6
Australian Listed Real Estate Tables – 02-04-2024

Apr 02 2024 - Weekly Reports
7
Weekly Update On LICs & LITs – 26 March 2024

Mar 26 2024 - Weekly Reports
8
Australian Listed Real Estate Tables – 25-03-2024

Mar 25 2024 - Weekly Reports
9
Australian Listed Real Estate Tables – 19-03-2024

Mar 19 2024 - Weekly Reports
10
Australian Listed Real Estate Tables – 11-03-2024

Mar 11 2024 - Weekly Reports