Vicinity CentresASX:VCX +1.54%69 EV-to-EBITDA is 11.26 as of Jul. 12, 2026, which is 5% below its 10-year median of 11.86. GuruFocus rates ASX:VCX with a GF Score™ of 69/100 and a GF Value™ of A$1.80 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 685 REITs companies, Vicinity Centres ranks better than 72.85% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Vicinity Centres's enterprise value is A$17,061 Mil.
Vicinity Centres's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$1,515 Mil. Therefore, Vicinity Centres's EV-to-EBITDA for today is 11.26.
The historical rank and industry rank for Vicinity Centres's EV-to-EBITDA or its related term are showing as below:
ASX:VCX'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -112.99 Med: 11.86 Max: 31.31
Current: 11.26
During the past 13 years, the highest EV-to-EBITDA of Vicinity Centres was 31.31. The lowest was -112.99. And the median was 11.86.
ASX:VCX's EV-to-EBITDA is ranked better than 72.85% of 685
companies
in the REITs industry
Industry Median: 15.4
vs ASX:VCX: 11.26
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Vicinity Centres's PE Ratio (TTM) for today is calculated as:
Vicinity Centres's share price for today is A$2.64.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Vicinity Centres's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.287.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Vicinity Centres's EV-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the REIT - Retail subindustry, Vicinity Centres's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Vicinity Centres EV-to-EBITDA vs REITs Industry
For the REITs industry and Real Estate sector, Vicinity Centres's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Vicinity Centres's EV-to-EBITDA falls into.
Vicinity Centres's current Enterprise Value is A$17,061 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Vicinity Centres's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$1,515 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Vicinity Centres (ASX:VCX) has a EV-to-EBITDA of 11.26 as of Jul. 12, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Vicinity Centres. This is near median its historical median of 11.86. According to the industry distribution chart, Vicinity Centres ranks #186 out of 685 companies in the REITs industry, placing it in the top 27.2%.
Is Vicinity Centres' EV-to-EBITDA too high?
Vicinity Centres' current EV-to-EBITDA of 11.26 is near median its 10-year median of 11.86. The REITs industry median EV-to-EBITDA is 15.40. Vicinity Centres' value of 11.26 is 26.9% below this industry median. Based on the distribution chart, Vicinity Centres ranks #186 out of 685 companies in the REITs industry, which is above the industry midpoint. Overall, Vicinity Centres has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vicinity Centres' EV-to-EBITDA compare to SPG and O?
According to the REITs industry distribution chart, Vicinity Centres ranks #186 out of 685 companies for EV-to-EBITDA. This puts Vicinity Centres in the upper half of its industry. The industry median EV-to-EBITDA is 15.40. Vicinity Centres' value of 11.26 is 26.9% below this benchmark. While the company's 10-year median is 11.86 vs. the industry median of 15.40, Vicinity Centres has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a REITs company?
The median EV-to-EBITDA among REITs companies is 15.40, based on 685 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vicinity Centres's current EV-to-EBITDA of 11.26 is 26.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Vicinity Centres. For the REITs industry, the median EV-to-EBITDA is 15.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vicinity Centres's current EV-to-EBITDA is 11.26, which is near median its own 10-year median of 11.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vicinity Centres stock overvalued right now?
Based on GuruFocus' analysis, Vicinity Centres (ASX:VCX) is currently considered Significantly Overvalued. The stock's GF Value™ is A$1.80, compared to a current price of A$2.64 — trading 46.7% above its estimated fair value. The current EV-to-EBITDA is 11.26, which is near median its 10-year median of 11.86 and 26.9% below the REITs industry median of 15.40. Vicinity Centres' overall GF Score™ is 69/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Vicinity Centres (ASX:VCX), the current EV-to-EBITDA is 11.26 as of Jul. 12, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Vicinity Centres (ASX:VCX) Overvalued in 2026?
Based on GuruFocus' analysis, Vicinity Centres stock appears to be overvalued.
The current stock price of A$2.64 is trading 46.7% above its estimated GF Value™ of A$1.80.
GuruFocus considers Vicinity Centres to be Significantly Overvalued.
Key valuation signals for ASX:VCX:
EV-to-EBITDA: 11.26 (near median its 10-year median of 11.86)
GF Value™: A$1.80 vs. price of A$2.64 (46.7% above fair value)
Industry Position: 26.9% below the REITs median (#186 of 685)
No single metric tells the full story. See the ASX:VCX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vicinity Centres operates about 50 shopping malls in Australia. They include several iconic city centers, like Queen Victoria Building, The Strand Arcade and The Galeries in Sydney, which are frequented by tourists and office workers nearby. Melbourne's Chadstone, Vicinity's crown jewel, is Australia's largest and highest turnover shopping mall. Smaller regional and neighborhood centers, to which Vicinity is consciously trimming exposure, account for around 15% of the portfolio. Vast majority of Vicinity's income is derived from rents. The group also earns small management fees for managing properties and development projects on behalf of capital partners.
69GF Score
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