Dexus Industria REIT (DXI) AI Stock Analysis

• Market Cap: AU$859.80M
• Dividend Yield: 6.01%
• Average Volume (3M): 691.80K
• Price to Earnings (P/E): 16.5
• Beta (1Y): 0.59
• Revenue Growth: -10.26%
• EPS Growth: N/A
• Country: AU
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 81
• Industry: REIT - Industrial
• EPS (TTM): 0.16
• Shares Outstanding: 317,269,900
• 10 Day Avg. Volume: 677,806
• 30 Day Avg. Volume: 691,801
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• 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: AU$3.02
• Price Target Upside: 13.11% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 4

Dexus Industria REIT shows strong financial health with solid revenue growth and effective cost management, though profitability challenges remain due to recent net losses. The technical analysis indicates mixed momentum with potential overbought conditions. Valuation metrics reflect a reasonable price level with an attractive dividend yield, balancing risk and reward. The absence of recent earnings calls or corporate events means these factors do not influence the overall score.

Dexus Industria REIT Business Overview & Revenue Model

Company Description

Dexus Industria REIT (DXI) is an Australian Real Estate Investment Trust that focuses on owning, managing, and developing industrial properties. The company primarily operates within the industrial real estate sector, catering to logistics, warehousing, distribution, and manufacturing businesses. Its portfolio includes a diverse range of assets strategically located across key industrial precincts in Australia.

How the Company Makes Money

Dexus Industria REIT generates revenue primarily through rental income from its industrial property portfolio. The company leases its properties to a variety of tenants, ensuring a stable and recurring income stream. Additionally, the REIT may engage in property development and redevelopment projects, which can provide capital appreciation and increased rental returns. Dexus Industria REIT's earnings are further supported by strategic partnerships and joint ventures that enhance its property offerings and tenant base. The company also benefits from property management fees and other ancillary income related to its real estate operations.

Dexus Industria REIT Financial Statement Overview

Summary

Dexus Industria REIT demonstrates strong revenue growth and efficient cost management, reflected in its healthy gross and EBIT margins. However, recent net losses pose a challenge to profitability, impacting return metrics. The balance sheet is robust, with low leverage and a strong equity position, while cash flow generation remains a strong suit, supporting the company's operational and investment activities. Continued focus on improving net profitability will be crucial for enhancing overall financial performance.

Income Statement

Dexus Industria REIT has shown a consistent increase in revenue over the years with a slight dip in net income recently. The gross profit margin has remained strong at around 76.7%, and the EBIT and EBITDA margins are impressive, both at approximately 66.8%. However, the negative net profit margin of -4.2% in the latest year indicates challenges in profitability, potentially due to high expenses or other financial pressures. Revenue growth has been positive, particularly with a 3.05% increase from 2023 to 2024.

Balance Sheet

The balance sheet reflects a stable financial position with a strong equity base, as evidenced by the equity ratio of 75.3%. The debt-to-equity ratio has improved to 0.29, indicating effective debt management. The return on equity has been negative recently due to net losses, although historically, it has been strong, suggesting potential for recovery. The company has managed to maintain a robust asset base, which supports its operational capabilities.

Cash Flow

Cash flows show positive trends with a steady operating cash flow and a significant free cash flow of 50.6 million. Although free cash flow growth is negative compared to the previous year, the operating cash flow to net income ratio is healthy at -17.14, highlighting strong cash generation ability relative to net income. Despite fluctuations in financing and investing cash flows, the company's ability to generate cash from operations remains a strength.

Breakdown
Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
74.46M	79.79M	79.99M	67.39M	61.88M
	Gross Profit
55.27M	59.22M	59.15M	49.48M	44.57M
	EBIT
54.90M	14.55M	180.81M	129.16M	62.88M
	EBITDA
54.90M	13.25M	180.81M	129.16M	62.88M
	Net Income Common Stockholders
-3.44M	-6.41M	154.83M	106.21M	51.45M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
5.26M	6.44M	11.25M	19.60M	4.93M
	Total Assets
1.38B	1.56B	1.72B	1.11B	852.68M
	Total Debt
302.81M	414.41M	514.10M	381.46M	261.26M
	Net Debt
298.31M	408.90M	508.52M	374.40M	256.33M
	Total Liabilities
340.46M	460.67M	562.22M	418.14M	294.74M
	Stockholders Equity
1.04B	1.10B	1.15B	695.42M	557.94M
Cash Flow		Free Cash Flow
50.60M	55.09M	27.60M	45.84M	38.50M
	Operating Cash Flow
58.88M	61.94M	46.18M	45.84M	38.50M
	Investing Cash Flow
106.07M	92.87M	-474.00M	-162.75M	-66.33M
	Financing Cash Flow
-165.97M	-154.88M	427.63M	119.04M	30.32M

Dexus Industria REIT Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.67
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:DXI, the sentiment is Positive. The current price of 2.67 is above the 20-day moving average (MA) of 2.60, above the 50-day MA of 2.63, and above the 200-day MA of 2.66, indicating a bullish trend. The MACD of 0.03 indicates Negative momentum. The RSI at 64.26 is Neutral, neither overbought nor oversold. The STOCH value of 87.89 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:DXI.

Dexus Industria REIT Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DXI	71 Outperform	AU$859.80M	16.46	4.90%	6.01%	-10.26%	―
CIP	68 Neutral	AU$1.97B	19.97	3.99%	5.21%	4.34%	―
GMG	66 Neutral	$63.07B	64.27	5.14%	1.01%	9.68%	273.05%
SCP	61 Neutral	AU$15.20M	―		―	―	―
Sector *	60 Neutral	$2.80B	11.09	0.20%	8508.36%	6.13%	-16.84%
GPT	54 Neutral	$9.19B	―	-1.94%	5.22%	8.59%	16.36%
CHC	54 Neutral	$8.55B	294.78	1.03%	2.71%	-19.75%	―

Dexus Industria REIT Corporate Events

Dexus Industria REIT Announces 2025 Half-Year Results

Dexus Industria REIT has released its 2025 half-year results, showcasing its continued focus on industrial warehouse investments across major Australian cities. The release reaffirms the company’s commitment to providing sustainable income and capital growth, with implications for its market positioning and potential impacts on its stakeholders.

Dexus Industria REIT Reports Strong Half-Year Performance and Strategic Growth

Dexus Industria REIT announced a successful half-year with a distribution of 8.2 cents per security and a 5.7% increase in Funds From Operations per security. The company achieved practical completion of a fully leased development at Jandakot, maintained a high portfolio occupancy of 99.5%, and saw an increase in Net Tangible Asset per security by 2.5%. The strategic focus remains on leveraging strong balance sheets for growth, with resilience in income streams supported by robust leasing outcomes and valuation uplifts.

Dexus Industria REIT Updates Final Distribution Rate

Dexus Industria REIT has updated its previous announcement to provide the final distribution rate for its fully paid ordinary units stapled securities. The distribution relates to the financial period ending on December 31, 2024, and offers insights into the company’s ability to maintain stable returns for its investors.

Dexus Industria REIT Reports Mixed Half-Year Financial Results Amid Strategic Positioning

Dexus Industria REIT reported a decrease in revenue by 14.4% for the half-year ending December 31, 2024, compared to the previous year, although net profit after tax rose significantly. The fund’s financial performance showed a stable distribution to security holders and a slight increase in funds from operations. With steady asset values and a strategic focus on industrial properties, the company maintains its market positioning, offering potential for long-term growth despite current market capitalization decline.