Dexus Convenience Retail REIT (DXC) AI Stock Analysis

• Market Cap: AU$395.36M
• Dividend Yield: 7.46%
• Average Volume (3M): 131.85K
• Price to Earnings (P/E): 10.0
• Beta (1Y): 0.28
• Revenue Growth: -3.97%
• EPS Growth: 1057.09%
• Country: AU
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Retail
• EPS (TTM): 0.18
• Shares Outstanding: 137,756,560
• 10 Day Avg. Volume: 118,279
• 30 Day Avg. Volume: 131,846
• PEG Ratio: <0.01
• Price to Book (P/B): 0.83
• Price to Sales (P/S): 7.48
• P/FCF Ratio: 15.46
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 64 Neutral
• Price Target: AU$3.00 ▲(6.01% Upside)

The overall stock score of 64 reflects a balance of strong valuation and financial performance against weak technical indicators. The company's attractive dividend yield and reasonable P/E ratio are significant positives, but declining revenue and negative market momentum present challenges.

Positive Factors

Strong Profitability

High EBIT and EBITDA margins indicate efficient operations, which can sustain profitability and support long-term growth.

Solid Balance Sheet

A moderate debt-to-equity ratio indicates a strong capital structure, providing financial stability and flexibility for future investments.

Stable Cash Generation

Consistent cash generation supports ongoing operations and investments, ensuring the company can meet its financial obligations.

Negative Factors

Declining Revenue

Declining revenue can impact long-term growth prospects and financial health, necessitating strategic initiatives to reverse the trend.

Negative Free Cash Flow Growth

Negative free cash flow growth limits financial flexibility, potentially hindering the company's ability to invest in growth opportunities.

Fluctuating Return on Equity

Inconsistent return on equity may reflect volatility in profitability, affecting investor confidence and long-term financial performance.

Dexus Convenience Retail REIT Business Overview & Revenue Model

Company Description

APN Convenience Retail REIT (ASX code: AQR) is a listed Australian real estate investment trust which owns high quality Australian service stations and convenience retail assets. The Fund's portfolio of 79 properties valued at approximately $445 million, is predominantly located on Australia's eastern seaboard and is leased to leading Australian and international convenience retail tenants. The portfolio provides a long lease expiry profile and contracted annual rent increases delivering the Fund a sustainable and strong level of income security. Convenience Retail has a target gearing range of 25 – 40% as part of its conservative approach to capital management. APN Convenience Retail REIT is governed by an Independent Board of Directors and is managed by APN Property Group, a specialist real estate investment manager established in 1996.

How the Company Makes Money

Dexus Convenience Retail REIT generates revenue primarily through leasing its retail properties to tenants, which include major convenience brands and service station operators. The company earns rental income from long-term leases, typically structured with fixed annual increases and periodic reviews, providing a reliable income stream. Additionally, DXC may benefit from property appreciation and capital gains through strategic acquisitions and developments. Partnerships with leading brands in the convenience sector enhance its tenant mix and occupancy rates, contributing to overall financial performance. The company's focus on high-traffic locations further supports its earnings by attracting a steady flow of customers to its retail properties.

Dexus Convenience Retail REIT Financial Statement Overview

Summary

Dexus Convenience Retail REIT demonstrates strong profitability and a solid balance sheet, but faces challenges with declining revenue and free cash flow growth. The company needs to focus on reversing the revenue decline to maintain its financial health and support future growth.

Income Statement

Dexus Convenience Retail REIT has shown strong profitability with high EBIT and EBITDA margins, indicating efficient operations. However, the revenue growth rate has been negative recently, which is a concern. The net profit margin is robust, but the declining revenue trend needs to be addressed to sustain long-term growth.

Balance Sheet

The company's debt-to-equity ratio is moderate, suggesting a balanced approach to leveraging. The equity ratio is healthy, indicating a strong capital structure. However, the return on equity has fluctuated, which could indicate inconsistent profitability.

Cash Flow

The cash flow metrics show a stable operating cash flow to net income ratio, suggesting good cash generation relative to profits. However, the free cash flow growth has been negative, which could impact future investments and financial flexibility.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	55.95M	55.95M	57.10M	59.38M	55.42M	41.27M
Gross Profit	41.80M	41.80M	43.43M	46.57M	42.89M	34.27M
EBITDA	38.01M	50.79M	14.53M	2.99M	86.04M	78.04M
Net Income	39.37M	39.37M	3.41M	-8.38M	82.64M	73.82M
Balance Sheet
Total Assets	736.44M	736.44M	753.86M	802.86M	873.12M	646.79M
Cash, Cash Equivalents and Short-Term Investments	2.40M	2.40M	1.92M	5.45M	5.18M	786.00K
Total Debt	215.51M	215.51M	243.20M	263.42M	299.61M	180.77M
Total Liabilities	234.59M	234.59M	262.94M	286.48M	318.60M	193.52M
Stockholders Equity	501.84M	501.84M	490.92M	516.38M	554.52M	453.27M
Cash Flow
Free Cash Flow	20.24M	27.09M	23.63M	34.35M	18.29M	19.50M
Operating Cash Flow	27.09M	27.09M	25.17M	34.43M	30.49M	24.61M
Investing Cash Flow	30.97M	30.97M	21.29M	33.35M	-167.92M	-151.75M
Financing Cash Flow	-57.58M	-57.58M	-50.00M	-67.48M	143.26M	125.81M

Dexus Convenience Retail REIT Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.83
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:DXC, the sentiment is Positive. The current price of 2.83 is above the 20-day moving average (MA) of 2.80, below the 50-day MA of 2.83, and below the 200-day MA of 2.86, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 57.93 is Neutral, neither overbought nor oversold. The STOCH value of 77.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:DXC.

Dexus Convenience Retail REIT Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HDN	80 Outperform	AU$2.86B	11.40	8.25%	6.09%	2.70%	205.08%
RGN	69 Neutral	$2.70B	12.80	7.29%	5.61%	0.03%	1135.14%
WPR	66 Neutral	AU$1.65B	9.66	9.29%	6.30%	0.12%	―
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
DXC	64 Neutral	AU$395.36M	10.04	7.93%	7.46%	-3.97%	1057.09%
CQR	64 Neutral	AU$2.36B	11.04	8.13%	7.72%	-9.69%	1142.57%
COF	53 Neutral	AU$666.03M	-33.69	-1.91%	8.63%	-4.50%	88.28%

Dexus Convenience Retail REIT Corporate Events

Dexus Convenience Retail REIT Reports $20.2 Million Valuation Uplift

Dexus Convenience Retail REIT has reported a net valuation uplift of approximately $20.2 million for the six months ending December 2025, reflecting a 2.7% increase in book values. This growth is attributed to cap rate compression, strong transaction market demand, and steady rental growth, positioning the company for future expansion. The weighted average capitalization rate of the portfolio tightened by nine basis points, enhancing the fund’s market positioning and appeal to investors seeking stable, income-generating assets.

The most recent analyst rating on (AU:DXC) stock is a Hold with a A$3.00 price target. To see the full list of analyst forecasts on Dexus Convenience Retail REIT stock, see the AU:DXC Stock Forecast page.

Dexus Convenience Retail REIT Announces Quarterly Distribution

Dexus Convenience Retail REIT announced a new distribution of AUD 0.05225 per unit for the quarter ending December 31, 2025. This distribution, with an ex-date of December 30, 2025, and a payment date of February 19, 2026, reflects the company’s ongoing commitment to providing returns to its investors.

The most recent analyst rating on (AU:DXC) stock is a Hold with a A$3.00 price target. To see the full list of analyst forecasts on Dexus Convenience Retail REIT stock, see the AU:DXC Stock Forecast page.

Dexus Convenience Retail REIT Updates Dividend Distribution Details

Dexus Convenience Retail REIT has updated its previous announcement to provide final details on its dividend distribution for the quarter ending September 30, 2025. This update is crucial for stakeholders as it confirms the payment schedule and financial reporting period, impacting investor expectations and market positioning.

The most recent analyst rating on (AU:DXC) stock is a Hold with a A$3.00 price target. To see the full list of analyst forecasts on Dexus Convenience Retail REIT stock, see the AU:DXC Stock Forecast page.

Dexus Convenience Retail REIT Updates Principal Business Location

Dexus Convenience Retail REIT announced a change in the principal place of business for Dexus Asset Management Limited, the responsible entity of the REIT, now located at Level 30, 50 Bridge Street, Sydney NSW 2000. This change does not affect any other details of the company, and it reflects the ongoing operational adjustments within the organization. The move is part of the company’s strategy to maintain its robust market position and ensure seamless management of its assets, which are crucial for stakeholders relying on the REIT’s consistent performance.

The most recent analyst rating on (AU:DXC) stock is a Hold with a A$3.00 price target. To see the full list of analyst forecasts on Dexus Convenience Retail REIT stock, see the AU:DXC Stock Forecast page.