Dexus chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 1.62
Dividend & Yield0.53$ (6.00%)
Beta 0.64
Market capitalization 9.53B
Operating cash flow 560.1M
ESG Scores 6.7

Company description

Dexus is one of Australia's leading real estate groups, proudly managing a high-quality Australian property portfolio valued at $32.1 billion. We believe that the strength and quality of our relationships will always be central to our success and are deeply committed to working with our customers to provide spaces that engage and inspire. We invest only in Australia, and directly own $16.5 billion of office and industrial properties. We manage a further $15.6 billion of office, retail, industrial and healthcare properties for third party clients. The group's $11.4 billion development pipeline provides the opportunity to grow both portfolios and enhance future returns. With 1.6 million square metres of office workspace across 51 properties, we are Australia's preferred office partner. Dexus is a Top 50 entity by market capitalisation listed on the Australian Securities Exchange (trading code: DXS) and is supported by more than 29,000 investors from 24 countries. With 36 years of expertise in property investment, development and asset management, we have a proven track record in capital and risk management, providing service excellence to tenants and delivering superior risk adjusted returns for investors.

Sector: Real Estate - Industry: REIT—Diversified

Financial Ratios
Quick Ratio0.71
Working Capital-1.22
Return On Equity0.02
Debt To Equity0.31
Fixed Asset Ratio0.03
Fixed Interest Cover9.37

Financial data

Financial Statements

Cashflow Statement 2014-06-30 2015-06-30 2016-06-30 2017-06-30
Change To Liabilities 12.5M 21.2M -100k 3.3M
Total Cashflows From Investing Activities -1.1B -35.5M -921.9M 17.9M
Net Borrowings 1.05B -742.9M 718.8M -748.6M
Total Cash From Financing Activities 681.2M -627M 263.3M -671.9M
Change To Operating Activities 86M 14.8M 40.5M 19.6M
Issuance Of Stock
Net Income 406.6M 174.7M 259.5M 217.4M
Change In Cash -800k -1.1M 5.1M 3.1M
Effect Of Exchange Rate 200k
Total Cash From Operating Activities 418.3M 661.4M 663.7M 657.1M
Depreciation 2.3M 1.41M 2.7M 3.5M
Change To Account Receivables -70.9M 11.4M 11.4M 11.4M
Other Cashflows From Financing Activities
Change To Netincome -64.1M 325.3M 273.2M 326.4M
Capital Expenditures -4M -6.9M -7.6M -3M

Income Statement 2014-06-30 2015-06-30 2016-06-30 2017-06-30
Research Development
Income Before Tax 419.1M 644M 1.3B 1.3B
Net Income 406.6M 174.7M 259.5M 217.4M
Selling General Administrative 71.3M 86.4M 91.1M 98.9M
Gross Profit 551.4M 813.4M 1.23B 1.07B
Ebit 480.1M 727M 1.14B 969M
Operating Income 480.1M 727M 1.14B 969M
Interest Expense -180.7M -187.5M -165.2M -103.4M
Income Tax Expense 12.5M 25.3M 43.4M 40.8M
Total Revenue 758.1M 1.13B 1.5B 1.38B
Cost Of Revenue 206.7M 315M 267M 307.6M
Total Other Income ExpenseNet -61M -83M 162.9M 336M
Net Income From Continuing Ops 406.6M 618.7M 1.26B 1.26B
Net Income Applicable To Common Shares 406.6M 174.7M 259.5M 217.4M

Balance Sheet Statement 2014-06-30 2015-06-30 2016-06-30 2017-06-30
Total Liabilities 3.7B 3.25B 4.26B 3.45B
Total Stockholder Equity 6.05B 6.78B 7.52B 8.82B
Other Current Liabilities 207.9M 241.4M 274.9M 353.7M
Total Assets 9.75B 10.03B 11.78B 12.27B
Common Stock 5.46B 5.93B 5.91B 6.4B
Other Current Assets 154.1M 45.4M 691.5M 323.4M
Retained Earnings 562.3M 795.4M 1.56B 2.37B
Treasury Stock 31.9M 51.4M 52.1M 48.7M
Cash 14.1M 13M 18.1M 21.2M
Total Current Liabilities 461.5M 504.3M 698.1M 606.8M
Other Stockholder Equity 37.2M 59.4M 59.2M 60.4M
Property, Plant, and Equipment 10.8M 11.3M 16.5M 16.4M
Total Current Assets 362.4M 226.8M 875.1M 428.5M
Net Tangible Assets 5.76B 6.48B 7.22B 8.52B
Net Receivables 111.6M 55.5M 81.9M 81.7M
Accounts Payable 37.2M 36.7M 34.5M 32.3M


Insider Transactions

Here are the insider transactions of stock shares related to Dexus:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Coakley (Deborah C)D2022-06-30Divisional Officer20.45k
Du Vernet (Ross G)D2022-06-30Chief Investment Officer32.57k
George (Kevin L)D2022-06-30Divisional Officer28.86k
Ford (Mark Henry)Purchase at price 7.47 per share.D2022-05-18Director (Independent)7.34k
Negus (Warwick Martin)Purchase at price 7.24 per share.D2022-05-12Independent Non-Executive Director5k
Negus (Warwick Martin)Purchase at price 7.57 per share.D2022-05-10Independent Non-Executive Director5k
Negus (Warwick Martin)Purchase at price 7.74 per share.D2022-05-09Independent Non-Executive Director5k
Negus (Warwick Martin)Purchase at price 7.89 per share.D2022-05-06Independent Non-Executive Director10k
Harrop (Alison C)D2021-09-30Former52.95k
Steinberg (Darren Joseph)Other at price 7.84 per share.D2021-08-10Chief Executive Officer216.17k
Roxon (Nicola Louise)Other at price 7.75 per share.D2021-08-05Director (Independent)3.37k
Coakley (Deborah C)D2021-06-30Divisional Officer36.91k
Du Vernet (Ross G)D2021-06-30Chief Investment Officer18.24k
George (Kevin L)D2021-06-30Divisional Officer6.65k
Harrop (Alison C)D2021-06-30Chief Financial Officer35.06k
St George (Peter Bligh)D2021-06-30Retired18.57k
Roxon (Nicola Louise)Other at price 7.07 per share.D2021-03-10Director (Independent)5.06k
Dwyer (Tonianne)Purchase at price 7.00 per share.D2021-03-05Director (Independent)2.5k
Roxon (Nicola Louise)Purchase at price 6.73 per share.D2021-02-17Director (Independent)1k
Roxon (Nicola Louise)Purchase at price 6.34 per share.D2020-10-29Director (Independent)2k
Dwyer (Tonianne)Purchase at price 6.60 per share.D2020-09-04Director (Independent)3.33k
Conde (John C.)D2020-09-02Retired17.91k
Roxon (Nicola Louise)Other at price 6.27 per share.D2020-09-01Director (Independent)3.37k
Roxon (Nicola Louise)Purchase at price 6.16 per share.D2020-08-24Director (Independent)3.5k
Sheppard (Wallace Richard)Purchase at price 6.18 per share.D2020-08-24Non Executive Chairman11.98k
St George (Peter Bligh)Purchase at price 6.27 per share.D2020-08-24Director (Independent)12k
Steinberg (Darren Joseph)Other at price 6.98 per share.D2020-08-18Chief Executive Officer242.38k
Coakley (Deborah C)D2020-06-30Divisional Officer27.76k
Du Vernet (Ross G)D2020-06-30Chief Investment Officer18.9k
George (Kevin L)D2020-06-30Divisional Officer62.5k
Harrop (Alison C)D2020-06-30Chief Financial Officer47.61k
Allaway (Patrick Newton James)Purchase at price 5.73 per share.D2020-05-06Independent Non-Executive Director10k
Ford (Mark Henry)Purchase at price 5.50 per share.D2020-04-06Director (Independent)8.33k
Bingham-Hall (Penelope)Purchase at price 5.53 per share.D2020-03-31Director (Independent)15k
Roxon (Nicola Louise)Purchase at price 5.38 per share.D2020-03-30Director (Independent)2k
Roxon (Nicola Louise)D2020-03-01Director (Independent)3.37k
Sheppard (Wallace Richard)Purchase at price 8.26 per share.D2019-11-05Non Executive Chairman16.69k
Roxon (Nicola Louise)Purchase at price 8.81 per share.D2019-08-16Director (Independent)1k
Steinberg (Darren Joseph)Other at price 8.85 per share.D2019-08-05Chief Executive Officer248.62k
Du Vernet (Ross G)D2019-06-30Chief Investment Officer1.24k
Bingham-Hall (Penelope)Other at price 8.44 per share.D2019-06-05Director (Independent)1.24k
Conde (John C.)Other at price 8.44 per share.D2019-06-05Director (Independent)1.24k
Sheppard (Wallace Richard)Other at price 8.44 per share.D2019-06-05Non Executive Chairman1.24k
St George (Peter Bligh)Other at price 8.44 per share.D2019-06-05Director (Independent)1.24k
Steinberg (Darren Joseph)Sale at price 2.40 per share.D2019-02-07Chief Executive Officer199.5k
Steinberg (Darren Joseph)D2018-08-14Chief Executive Officer244.67k
Alexander (Elizabeth Anne)D2017-10-24Former16.67k
Steinberg (Darren Joseph)Conversion at price 7.40 per share.D2017-08-10Chief Executive Officer243.52k
Steinberg (Darren Joseph)Sale at price 7.22 per share.D2017-02-20Chief Executive Officer115k
Steinberg (Darren Joseph)Conversion at price 7.05 per share.D2016-08-04Chief Executive Officer131.15k
Beare (Christopher Thomas)D2015-10-28Retired16.67k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Dexus. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Dexus

Here is the result of two systematic investment strategies applied to Dexus. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Dexus

The following chart shows the equity curve of the two systematic investment strategies applied to Dexus:

Dexus automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -15.64% on the backtest period.

Performance at glance

Performance

-15.64 %

Latent gain

-347.63 $

Invested capital

2222.43 $

Annualized return

-3.81 %
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Momentum strategy results on Dexus

This is the result of two momentum investment strategies applied to Dexus. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Dexus

The following chart shows all the entries opened by the momentum investment system on Dexus:

Dexus momentum entries
  • The first momentum investment strategy would give -14.18% of return on Dexus. That represents -672.96$ of latent gain with 4745.2$ of employed capital.
  • The second momentum investment strategy would give -14.16% of return on Dexus. That represents -533.64$ of latent gain with 3768.76$ of employed capital.
Performance at glance (1Q Momentum)

Performance

-14.18 %

Latent gain

-672.96 $

Invested capital

4745.2 $

Annualized return

-10.54 %
Performance at glance (2Q Momentum)

Performance

-14.16 %

Latent gain

-533.64 $

Invested capital

3768.76 $

Annualized return

-3.91 %

Momentum equity curve on Dexus

The following chart shows the equity curve of the two momentum strategies applied to Dexus:

Dexus momentum equity

Note: the dividends potentially given by Dexus are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Dexus

The following chart shows the employed capital evolution of the two momentum strategies on Dexus since the beginning:

Dexus

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Dexus

Buy the dip entry openings on Dexus

Dexus

The performance achieved by the robo-advisor on Dexus is -22.13%. That represents -223.08$ of latent gain with 1007.88$ of employed capital. The following chart shows Dexus stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Dexus, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-22.13 %

Latent gain

-223.08 $

Invested capital

1007.88 $

Annualized return

-10.54 %

Equity curve of the strategy applied to Dexus

The following chart shows the result of the investment strategy applied to Dexus:

Dexus

Note: the dividends potentially given by Dexus are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Dexus

The following chart shows the employed capital evolution since the beginning of the investment strategy on Dexus:

Dexus

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Dexus

In this section, I will compare the three previous investment strategies applied to Dexus.

Equity curve comparison on Dexus

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Dexus investment strategy comparison

Employed capital comparison on Dexus

Dexus investment comparison

Performance comparison on Dexus

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -15.64% -347.63$ 2222.43$ -3.81%
Momentum 1 quarter -14.18% -672.96$ 4745.2$ -3.67%
Momentum 2 quarters -14.16% -533.64$ 3768.76$ -3.91%
Non-directional -22.13% -223.08$ 1007.88$ -10.54%
Annualized return comparison

Automatic investment

-3.81 %

Momentum 1Q

-3.91 %

Momentum 2Q

-3.91 %

Non-directional

-10.54 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Dexus:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between Dexus and the other stocks. There may be false positives or some missing correlated stocks. If the price of Dexus does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Dexus
Country Australia
City Sydney
Address Australia Square
Phone 61 2 9017 1100
Website www.dexus.com
FullTime employees 647
Industry REIT—Diversified
Sector Real Estate
Exchange XASX
Ticker DXS.XASX
Market www2.asx.com.au

Dexus ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 2.5
Peer Environment Performance 3.6505940594059
Environment Percentile unknown
Palm Oil no
Nuclear no
Fur Leather no
GMO no
Coal no
Pesticides no
Animal Testing no

Social scores

Social ESG Factors Scores
Social Score 0.8
Peer Social Performance 4.2226732673267
Social Percentile unknown
Highest Controversy 0
Peer Highest Controversy Performance 0.54807692307692
Adult no
Gambling no
Alcoholic no
Tobacco no
Catholic no
Controversial Weapons no
Small Arms no
Military Contract no
Peer Count yes

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 3.3
Peer Governance Performance 6.0748514851485
Governance Percentile unknown

ESG at glance
Total ESG Scores: 6.7
Environment Score: 2.5
Social Score: 0.8
Governance Score: 3.3

ESG Performance: LAG_PERF

Peer Group: Real Estate

Peer Esg Score Performance: 14.004326923077

Rating Year: 2022

Rating Month: 8

Max Age: 86400

Percentile: 1