Dexus
ASX:DXS

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Dexus
ASX:DXS
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Price: 6.18 AUD 0.98% Market Closed
Market Cap: AU$6.6B

EV/IC

0.7
Current
5%
Cheaper
vs 3-y average of 0.8

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
0.7
=
Enterprise Value
AU$10.4B
/
Invested Capital
AU$15B

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
0.7
=
Enterprise Value
AU$10.4B
/
Invested Capital
AU$15B

Valuation Scenarios

Dexus is trading below its 3-year average

If EV/IC returns to its 3-Year Average (0.8), the stock would be worth AU$6.52 (6% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+140%
Average Upside
44%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 0.7 AU$6.18
0%
3-Year Average 0.8 AU$6.52
+6%
5-Year Average 0.8 AU$6.66
+8%
Industry Average 0.9 AU$7.56
+22%
Country Average 1.7 AU$14.83
+140%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close

Market Distribution

Lower than 86% of companies in Australia
Percentile
14th
Based on 2 047 companies
14th percentile
0.7
Low
0 — 1.1
Typical Range
1.1 — 3.5
High
3.5 —
Distribution Statistics
Australia
Min 0
30th Percentile 1.1
Median 1.7
70th Percentile 3.5
Max 3 073.7

Dexus
Glance View

Dexus, one of Australia's leading real estate groups, has carved out a robust niche within the property market through its strategic ownership, development, and management of a diverse portfolio of properties. The company's roots trace back to 1984, and over the decades, it has evolved into a dominant player focusing primarily on office and industrial real estate. With properties spanning the bustling heart of Sydney to key locations across the country, Dexus leverages its expertise in maximizing the value of its assets while also providing top-notch property management services. This approach not only solidifies its reputation but also underscores its ability to generate stable cash flows and resilient income streams. The operational model of Dexus hinges on three core pillars: property development, investment, and funds management. By investing in prime real estate, especially in high-demand urban areas, Dexus ensures a steady flow of rental income which forms the backbone of its revenue. Moreover, its development projects often enhance the value of the underlying assets, enabling capital growth. In parallel, Dexus capitalizes on its proficiency in funds management, overseeing substantial funds for third-party investors. This not only diversifies its income but also aligns with its philosophy of fostering enduring relationships with investors by providing transparent and rewarding investment opportunities. Through these integrated strategies, Dexus positions itself as a resilient and versatile player in the ever-evolving real estate landscape.

DXS Intrinsic Value
10.15 AUD
Undervaluation 39%
Intrinsic Value
Price AU$6.18
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