Vicinity Centres (VCX) Stock Price, Fundamentals & Analysis

What VCX does

Vicinity Centres (VCX) is one of Australia's leading retail property groups. With a fully integrated asset management platform and 25 billion dollars in retail assets under management across 49 shopping centres, it is the second largest listed manager of Australian retail property. The Group holds a Direct Portfolio with interests in 48 shopping centres (including the DFO Brisbane business) and manages 25 assets on behalf of Strategic Partners. Incorporated in 2005 in Australia, Vicinity Centres operates in the Real Estate sector and is part of the ASX 200.

Key numbers explained

• The current price of 2,27 AUD is the latest traded price on the ASX.
• The trailing P/E ratio of 7,6 divides the current share price by the last 12 months of earnings per share (0,3 AUD), showing how the market values each dollar of recent earnings.
• The forward P/E ratio of 13,8 uses expected future earnings, giving a sense of valuation relative to what analysts anticipate.
• The dividend yield of 5,46% indicates the annual dividend as a percentage of the current share price, reflecting the income return to shareholders.
• The ex-dividend date of 25 aug. 2026 is the cutoff for eligibility to receive the next dividend payment.
• A beta of 0,79 suggests the share has historically been less volatile than the overall market.
• The price-to-book ratio of 0,87 compares the share price to the company's book value per share, often used to assess whether a stock trades at a discount to its net assets.
• The debt-to-equity ratio of 40,9% shows the proportion of debt financing relative to shareholders' equity, a common measure of financial leverage.

What to watch

• Vicinity Centres operates in the retail property sector, which is sensitive to consumer spending trends and shifts in shopping behaviour.
• As a REIT, the company's distributions and share price can be influenced by interest rate movements and property market conditions.
• The next earnings report on 19 aug. 2026 will provide updated figures on revenue, earnings, and outlook.
• The company's position among peers such as Scentre Group (SCG), Stockland (SGP), and Goodman Group (GMG) may affect relative performance perceptions.
• The 52-week price range of 2,22 – 2,73 AUD and the year-on-year change of -9,9% provide a recent context for the share's price movement.