Dexus Industria REIT (DXI)
DXI $2.40
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Performance
Advanced charting functionality with the ability to amend timeframes, powered by TradingView.
Share price activity
Displays share price activity. Volume = number of shares traded, Turnover = value of shares traded, VWAP = volume-weighted average price for the day, sourced from Morningstar.
- Last (Price)
- 2.40
- Change
- ▲ 0.01 (0.42)
- Bid / Ask
- 2.39 - 2.41
- Volume
- 42,046
- Turnover
- 100,968
- Open
- 2.39
- Day Range
- 2.39 - 2.41
- VWAP
- 2.40
- Prev Close
- 2.39
- Last Trade
- 03/11 11:19am
Key information
Displays key information on the security, sourced from Morningstar.
- Sector
- Real Estate
- Shares Issued
- 308,373,192
- NTA/Share
- 3.46
- Last Dividend
- 0.04
- Dividend Ex Date
- 29 SEP 2026
- Dividend Pay Date
- 11 NOV 2026
Current (AUD) · FY2026
Displays key financial data for the most recent fiscal year, in millions. Note - Per share data is in local currency terms irrespective of reporting currency, and may be different to the stated currency, sourced from Morningstar.
- Revenue
- 69.13
- EBITDA
- 73.50
- Profit
- 41.31
- Earnings Per Share (EPS)
- 0.13
- Dividend Per Share (DPS)
- 0.17
- Yield %
- 6.92
- Market Cap
- 740.10
- Price to Earnings Ratio (P/E)
- 18.40
Estimates (AUD) · FY2027
Displays consensus analyst’s estimates for key measures for the next fiscal year, sourced from Morningstar.
- Revenue
- —
- EBITDA
- —
- Profit
- 52.17
- Earnings Per Share (EPS)
- 0.17
- Dividend Per Share (DPS)
- 0.17
Quantitative rating
Displays Morningstar’s Quantitative Equity Research Rating for the security: a star rating from 1 (overvalued) to 5 (undervalued) from the share price against a fair value estimated by a statistical model of Morningstar’s analyst ratings, with the model’s economic moat, financial health and fair value uncertainty, sourced from Morningstar.
Undervalued
- Economic Moat
- None
- Financial Health
- Strong
- Uncertainty
- Medium
Morningstar Quantitative Rating as of 30 OCT 2026.
Quantitative Equity Rating Methodology – view here
Fair value estimate
Displays Morningstar’s quantitative fair value estimate for the security against the current share price, with the band around it: the five-star price below which the model would rate the stock five stars and the one-star price above which it would rate it one star, sourced from Morningstar.
Five-star price 2.56 Fair value 2.85 One-star price 3.17
Morningstar Quantitative Rating as of 30 OCT 2026.
Quantitative valuation
Displays where the share price sits in Morningstar’s quantitative fair value band, from the five-star price (undervalued) to the one-star price (overvalued), with the fair value estimate, the price to fair value ratio, the model’s valuation label and its uncertainty rating, sourced from Morningstar.
Buy
Sell
- Fair Value
- 2.85
- Price / Fair Value
- 0.84
- Valuation
- Undervalued
- Uncertainty
- Medium
Morningstar Quantitative Rating as of 30 OCT 2026. The slider runs from the five-star price (2.56) to the one-star price (3.17).
Displays useful ratios for the security, NB the pricing date used, sourced from Morningstar.
| Ratios |
|---|
| Currency (Price/reporting): AUD/AUD |
| Exchange Rate: 1.0000 |
Price, volume and trading statistics for the security, sourced from Morningstar.
| Price - closing or last bid | 2.40 |
| Price - 12 month high | 2.87 |
| Price - 12 month low | 2.20 |
| Pricing date | 29 OCT 2026 |
| Volume - avg. trading volume for the last ten days | 0.60 |
| Market capitalization | 740.10 |
| 12 Month High price date | 31 OCT 2025 |
| 12 Month Low price date | 6 OCT 2026 |
| Volume - avg. trading volume for the last 3 months | 0.89 |
| Price - 1 Day % Change | 0.42% |
| Price - 13 week price percent change | -3.23% |
| Price - 26 week price percent change | -2.83% |
| Price - 5 Day % Change | 2.56% |
| Price - 52 week price percent change | -16.96% |
| Price - YTD price percent change | -10.78% |
| Price % Change Month To Date | 5.26% |
Earnings, dividends, cash flow and book value per share, sourced from Morningstar.
| EPS excluding extraordinary items - most recent fiscal year | 0.130 |
| EPS excluding extraordinary items - trailing 12 month | 0.130 |
| EPS Normalized - most recent fiscal year | 0.130 |
| Revenue/share - most recent fiscal year | 0.218 |
| Revenue/share - trailing 12 month | 0.218 |
| Book value per share - most recent fiscal year | 3.458 |
| Book value per share - most recent half-year | 3.458 |
| Book value (tangible) per share - most recent fiscal year | 3.458 |
| Book value (tangible) per share - most recent half-year | 3.458 |
| Cash per share - most recent fiscal year | 0.015 |
| Cash per share - most recent half-year | 0.015 |
| Cash Flow per share - most recent fiscal year | 0.142 |
| Cash Flow per share - trailing 12 month | 0.142 |
| Dividend per share - most recent fiscal year | — |
| Dividends per share - trailing 12 month | 0.166 |
| EBITD per share - trailing 12 month | 0.232 |
| EPS Basic excluding extraordinary items - most recent fiscal year | 0.130 |
| EPS Basic excluding extraordinary items - trailing 12 month | 0.130 |
| EPS including extraordinary items - most recent fiscal year | 0.130 |
| EPS including extraordinary items - trailing 12 month | 0.130 |
| Free Cash Flow per share - trailing 12 month | 0.142 |
Valuation multiples such as P/E, price to sales, price to book and enterprise value ratios, sourced from Morningstar.
| P/E excluding extraordinary items, most recent fiscal year | 18.40 |
| P/E Normalized, most recent fiscal year | 18.40 |
| Price to sales - most recent fiscal year | 11.00 |
| Price to Tangible Book - most fiscal year | 0.69 |
| Price to Free Cash Flow per Share - most recent fiscal year | 16.94 |
| Price to Cash Flow per share - trailing 12 month | 16.94 |
| Price to Book - most recent fiscal year | 0.69 |
| P/E excluding extraordinary items high, trailing 12 months | 19.17 |
| P/E excluding extraordinary items low, trailing 12 months | 14.94 |
| Net Debt, LFI | 297.48 |
| Net Debt, LFY | 373.08 |
| Dividend Yield - 5 Year Average | 5.97% |
| Dividend Yield - indicated annual dividend divided by closing price | 7.06% |
| Current Dividend Yield - Common Stock Primary Issue, LTM | 6.92% |
Cash flow, liquidity and leverage measures, sourced from Morningstar.
| Free Cash Flow - most recent fiscal year | 44.88 |
| LT debt/equity - most recent fiscal year | 34.90% |
| Payout ratio - most recent fiscal year | — |
| Total debt/total equity - most recent fiscal year | 34.96% |
| LT debt/equity - most recent half-year | 27.72% |
| Total debt/total equity - most recent half-year | 27.77% |
| Free Cash Flow - trailing 12 month | 44.88 |
| Payout ratio - trailing 12 month | — |
Key income statement lines for the most recent fiscal year, in millions, sourced from Morningstar.
| Revenue - most recent fiscal year | 69.13 |
| Revenue - trailing 12 month | 69.13 |
| EBITD - most recent fiscal year | 73.50 |
| EBITD - trailing 12 month | 73.50 |
| Earnings before taxes - most recent fiscal year | 75.48 |
| Earnings before taxes - trailing 12 month | 75.48 |
| Net Income available to common - most recent fiscal year | 41.31 |
| Net Income available to common - trailing 12 months | 41.31 |
| Earnings before taxes Normalized - most recent fiscal year | 75.48 |
| Net Income Available to Common, Normalized - most recent fiscal year | — |
| Earnings per Share, Normalized, Excluding Extraordinary Items, Avg. Diluted Shares Outstanding, TTM | 0.13 |
Profitability margins for the most recent fiscal year, sourced from Morningstar.
| Net Profit Margin % - 1st historical fiscal year | 107.66% |
| Net Profit Margin % - trailing 12 month | 107.66% |
| Operating margin - 1st historical fiscal year | 71.73% |
| Operating margin - trailing 12 month | 71.73% |
| Pretax margin - trailing 12 month | 109.19% |
| Pretax margin - 1st historical fiscal year | 109.19% |
| Operating Margin - 5 year average | 71.76% |
| Pretax Margin - 5 year average | 86.27% |
| Free Operating Cash Flow/Revenue, 5 Year Average | 71.10% |
| Free Operating Cash Flow/Revenue, TTM | 64.92% |
| Net Profit Margin - 5 year average | 86.19% |
Returns on average assets and equity for the fiscal year, the trailing 12 months and as 5 year averages, and net income and revenue per employee in whole currency, sourced from Morningstar.
| Return on average assets - most recent fiscal year | 5.10% |
| Return on average assets - trailing 12 month | 5.10% |
| Return on average equity - most recent fiscal year | 7.58% |
| Return on average equity - trailing 12 month | 7.58% |
| Return on average assets - 5 year average | 4.91% |
| Return on average equity - 5 year average | 8.24% |
| Net Income/employee - most recent fiscal year | — |
| Revenue/employee - most recent fiscal year | — |
Growth in revenue, earnings, dividends and book value over recent periods, sourced from Morningstar.
| Revenue growth rate, 5 year | 0.51% |
| EPS growth rate, 5 year | -23.66% |
| Growth rate% - dividend, 3 year | 0.40% |
| Revenue/share (5 yr growth) | -7.31% |
| Growth rate% - Revenue, 3 year | -4.67% |
| Growth rate% - EPS, 3 year | — |
| Book value per share growth rate, 5 year | 1.93% |
| Capital Spending growth rate, 5 year | — |
| Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year CAGR | -10.77% |
Displays analyst’s forecasts for key measures. The estimates can be expanded to see the spread of the calls. Full lines = reported, and dotted lines are forward estimates. Click a measure to add or remove it from the chart, sourced from Morningstar.
Financial forecast (AUD, millions except per share)
| Actuals | Estimates | |||||||
| 2026 | 2027 | 2028 | ||||||
| Estimate breakdown | ||||||||
Financial metrics can be plotted on the graph to see trends. Multiple metrics from multiple statements can be plotted against each other, sourced from Morningstar.
Financials (AUD, millions)
| Period end: | JUN 22 | JUN 23 | JUN 24 | JUN 25 | JUN 26 |
| Fiscal year: | 2022 | 2023 | 2024 | 2025 | 2026 |
| Period length: | 12 months | 12 months | 12 months | 12 months | 12 months |
Displays all company announcements released by the company to the exchange, sourced from Morningstar.
Announcements
| DATE | TIME | HEADING | PAGES |
| Price sensitive |
Opinion
No opinions for this company yet.
Action
No actions for this company yet.
Business Summary
Dexus Industria REIT acts as an income pass-through investment vehicle. It owns a portfolio of industrial properties and passes the rent generated from leasing out these properties to securityholders. The jewel in the crown is the Jandakotprecinct in Western Australia, which accounts for a third of the portfolio's total book value. The rest of the assets are predominantly located in Victoria and New South Wales. The REIT also has a small development pipeline.Dexus Industriawas rebranded from APN Industria REIT in 2021, as a result of Dexus' acquisition of APN Property Group. Following the rebrand, Dexus Industria has divested its business parks and transitioned to a pure play industrial REIT. Dexus Industriais externally managed by Dexus, which holds a 19% stake in the REIT.
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