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Dexus Convenience Retail REIT

Dexus Convenience Retail REIT

DXC · AU · Real Estate / REIT - Retail

2.75AUD-0.03 (-1.08%)

Price History

Full chart

Market Stats

Previous Close2.78
Open2.78
Day Range2.74 – 2.78
52-Week Range2.38 – 2.79
Volume18.06K
Market Cap355.61M
P/E (TTM)6.46
Forward P/E0.00
EPS0.41
Dividend Yield7.89%
Beta0.55
50-Day Avg2.73
200-Day Avg2.72

About

Dexus Convenience Retail REIT is a listed Australian real estate investment trust. The firm owns high quality Australian service stations and convenience retail assets. At 31 December 2025, the fund's portfolio is valued at approximately 760 million dollar, 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 contracts 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, a leading Australasian fully integrated real asset group with more than four decades of expertise in real estate and infrastructure investment, funds management, asset management, and development. Dexus Convenience Retail REIT was established on July 27, 2017 and incorporated in Australia.

Company Details

  • SectorReal Estate
  • IndustryREIT - Retail
  • CEOMs. Luke O'Donnell
  • Employees0
  • HeadquartersLevel 30, Sydney, NSW, Australia, 2000, Australia
  • Websitehttps://dexus.com/

Leadership

  • Ms. Luke O'DonnellSenior Manager of Media and Communic-Dexus Asset Management Limited
  • Mr. Michael Grahame Sheffield CPAExecutive Director
  • Mr. Brett David Cameron B.A., L.L.B.Company Secretary & Alternate Director of Dexus Asset Management Limited
  • Mr. Scott D. Mahony FCIS, M.B.A.Company Secretary of Dexus Asset Management Limited
  • Pat De MariaFund Manager

Financials

Income Statement

Currency: AUD2016-06-302017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Total Revenue6.76M5.14M26.44M31.67M33.35M41.27M55.42M59.38M57.10M55.95M56.58M
Growth (%)--23.92%+413.86%+19.79%+5.31%+23.75%+34.30%+7.13%-3.83%-2.01%+1.11%
Cost of Revenue1.08M388.00K2.26M4.76M5.35M7.00M12.54M12.81M13.67M14.15M14.24M
Gross Profit5.68M4.76M24.18M26.91M28.00M34.27M42.89M46.57M43.43M41.80M42.34M
Gross Margin84.06%92.46%91.45%84.97%83.96%83.03%77.38%78.43%76.06%74.71%74.83%
Operating Expense4.31M-3.32M3.94M-2.28M-22.39M-43.77M-43.15M43.58M954.00K932.00K-132.00K
Operating Income1.37M8.08M20.24M29.19M50.39M78.04M86.04M2.99M42.48M40.87M42.47M
Operating Margin20.27%157.07%76.55%92.16%151.11%189.09%155.23%5.04%74.38%73.05%75.07%
EBITDA5.37M4.71M20.24M29.19M50.39M78.04M86.04M2.99M14.96M50.79M69.36M
EBITDA Margin79.39%91.62%76.55%92.16%151.11%189.09%155.23%5.04%26.20%90.76%122.60%
Net Income5.37M4.71M15.87M24.00M45.80M73.82M82.64M-8.38M3.41M39.37M56.40M
Net Income Margin79.39%91.62%60.02%75.79%137.33%178.87%149.10%-14.11%5.97%70.37%99.69%
R&D0.930.920.570.761.371.771.490.13---
R&D as % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%---
Interest Expense-942.00K4.37M5.19M4.59M4.22M3.40M11.37M11.12M11.41M12.96M
Interest Expense % of Total Revenue-18.31%16.53%16.38%13.78%10.22%6.13%19.15%19.48%20.40%22.90%

Balance Sheet

Currency: AUD2016-06-302017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Total Assets308.30M108.76M343.41M358.71M451.62M646.79M873.12M802.86M753.86M736.44M788.33M
Total Liabilities92.80M47.05M117.09M124.91M92.29M193.52M318.60M286.48M262.94M234.59M264.31M
Total Equity215.50M61.70M226.32M233.79M359.33M453.27M554.52M516.38M490.92M501.84M524.03M
Cash500.00K2.33M2.80M289.00K2.33M786.00K5.18M5.45M1.92M2.40M2.21M
Total Debt91.80M44.81M109.74M115.47M77.97M182.57M301.92M267.55M243.20M215.51M240.13M
Net Debt91.30M42.48M106.94M115.11M73.50M179.98M294.43M257.97M241.29M213.11M237.92M

Cash Flow

Currency: AUD2016-06-302017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Operating Cash Flow4.34M964.00K15.58M16.44M22.37M24.40M29.06M34.41M25.17M27.09M28.68M
Investing Cash Flow-25.00K-111.36M-228.78M-7.99M-61.80M-151.75M-167.92M33.35M21.29M30.97M-18.52M
Financing Cash Flow-2.77M112.73M213.67M-10.96M41.48M125.81M143.26M-67.48M-50.00M-57.58M-10.34M
Capital Expenditure00853.00K106.00K1.52M5.12M12.21M84.00K1.54M6.85M18.52M
Free Cash Flow4.34M964.00K14.72M16.33M22.37M24.40M29.06M34.41M23.63M27.09M10.16M
Dividends Paid2.77M1.52M9.27M16.32M18.60M23.18M29.98M30.13M29.17M28.58M28.79M
FCF to OCF100.00%100.00%94.52%99.36%100.00%100.00%100.00%100.00%93.88%100.00%35.42%
Dividend Paid to FCF63.95%157.88%62.92%99.90%83.14%95.00%103.17%87.58%123.43%105.51%283.43%

Earnings

Report DateFeb 20, 2018Aug 20, 2018Feb 18, 2019Aug 19, 2019Feb 17, 2020Aug 17, 2020Feb 16, 2021Aug 17, 2021Feb 14, 2022Aug 7, 2022Feb 6, 2023Feb 9, 2025Aug 11, 2025
EPS Estimate0.000.000.000.000.000.000.000.000.00--0.00-
EPS Actual0.050.170.180.120.230.280.190.430.300.310.020.040.04
Surprise-------------
Timing---------After-hoursPre-market-Pre-market

Key Statistics & Ratios

Market Cap355.61M
Enterprise Value608.63M
Trailing P/E6.46
Forward P/E0.00
Price / Sales6.50
Price / Book0.71
EPS0.41
Book Value1.67
Revenue (TTM)54.74M
Gross Profit (TTM)40.50M
Profit Margin30.55%
Operating Margin73.25%
Return on Equity11.00%
Return on Assets3.24%
Shares Outstanding134.19M
Shares Float123.73M
Beta0.55
Dividend Yield7.89%
Dividend Rate0.21
Payout Ratio50.94%

Dividends

20262×
0.05Jun 29, 20260.05Mar 30, 2026
20254×
0.05Dec 30, 20250.05Sep 29, 20250.05Jun 27, 20250.05Mar 28, 2025
20244×
0.05Dec 30, 20240.05Sep 27, 20240.05Jun 27, 20240.05Mar 27, 2024
20234×
0.05Dec 28, 20230.05Sep 28, 20230.06Jun 29, 20230.05Mar 30, 2023
20224×
0.05Dec 29, 20220.05Sep 29, 20220.06Jun 29, 20220.06Mar 30, 2022
20214×
0.06Dec 30, 20210.06Sep 29, 20210.05Jun 29, 20210.05Mar 30, 2021
20202×
0.05Dec 30, 20200.05Sep 29, 2020