Vicinity Centres
ASX:VCX

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Vicinity Centres
ASX:VCX
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Price: 2.49 AUD 0.4% Market Closed
Market Cap: 11.4B AUD

Net Margin
Vicinity Centres

61.3%
Current
54%
Average
10.1%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
61.3%
=
Net Income
816.2m
/
Revenue
1.3B

Net Margin Across Competitors

Vicinity Centres
Glance View

Economic Moat
None
Market Cap
11.3B AUD
Industry
Real Estate

In the bustling landscape of Australian retail real estate, Vicinity Centres has carved out a significant presence as one of the leading retail property groups. Born from the merger of Federation Centres and Novion Property Group in 2015, this company owns and manages a portfolio packed with some of the most iconic shopping centres across Australia. Vicinity Centres operates primarily as a Real Estate Investment Trust (REIT), allowing investors to buy shares and receive returns in the form of dividends, sourced from the rental income and long-term value growth of its properties. This organizational approach gives Vicinity Centros a dual focus: maintaining robust relationships with retail tenants to ensure steady income streams while constantly innovating and upgrading their properties to maximize value and foot traffic. The company makes its money by leasing retail spaces to a diverse mix of tenants, from high-profile international brands to local Australian businesses, ensuring a broad appeal and a resilient tenancy base. This rental income is the lifeblood of Vicinity Centres, but their revenue strategy is not just about collecting rent. They also focus on developing vibrant, community-centric environments within their centres, often incorporating entertainment venues, dining options, and experiences that draw in visitors and increase dwell time. By doing so, Vicinity not only boosts the attractiveness of its properties to consumers but also enhances the desirability and profitability of its spaces for tenants, which in turn supports rental growth and high occupancy rates.

VCX Intrinsic Value
HIDDEN
Show
What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
61.3%
=
Net Income
816.2m
/
Revenue
1.3B
What is the Net Margin of Vicinity Centres?

Based on Vicinity Centres's most recent financial statements, the company has Net Margin of 61.3%.

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