Vicinity Centres (ASX:VCX) EPS without NRI: A$0.29 (TTM As of Dec. 2025)


ASX:VCX Vicinity Centres ASX:VCX
69 GF Score
Price A$2.62
GF Value A$1.81
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Vicinity Centres EPS without NRI?

Vicinity Centres ASX:VCX -0.76% 69 EPS without NRI is A$0.29 as of Dec. 2025. GuruFocus rates ASX:VCX with a GF Score™ of 69/100 and a GF Value™ of A$1.81 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 681 REITs companies, Vicinity Centres ranks worse than 64.9% on this metric.

Vicinity Centres's earnings per share without non-recurring items for the six months ended in Dec. 2025 was A$0.18. Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.29.

During the past 12 months, Vicinity Centres's average earnings per share (NRI) Growth Rate was 60.30% per year. During the past 3 years, the average earnings per share (NRI) Growth Rate was -6.10% per year. During the past 10 years, the average earnings per share (NRI) Growth Rate was 0.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using Earnings per share without Non-Recurring Items (NRI) data.

The historical rank and industry rank for Vicinity Centres's EPS without NRI or its related term are showing as below:

ASX:VCX' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -34.3   Med: 8.3   Max: 43.5
Current: -6.1

During the past 13 years, Vicinity Centres's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 43.50% per year. The lowest was -34.30% per year. And the median was 8.30% per year.

ASX:VCX's 3-Year EPS without NRI Growth Rate is ranked worse than
64.9% of 681 companies
in the REITs industry
Industry Median: 1 vs ASX:VCX: -6.10

Vicinity Centres's EPS (Diluted) for the six months ended in Dec. 2025 was A$0.18. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.29.

Vicinity Centres's EPS (Basic) for the six months ended in Dec. 2025 was A$0.18. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.29.


Vicinity Centres  (ASX:VCX) EPS without NRI Explanation

EPS without NRI removes onetime and unusual items from EPS, to provide investors with a more accurate measure of the company’s true earnings. The earnings are adjusted for items that are irregular or unusual in nature, and/or are non-recurring. This is calculated using Net Income (Continuing Operations) plus/minus any tax affected unusual Items and Goodwill Impairments/Write Offs. This can be used to fairly measure a company's profitability.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


Vicinity Centres EPS without NRI Related Terms


Vicinity Centres EPS without NRI Historical Data

* Premium members only.

The historical data trend for Vicinity Centres's EPS without NRI 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.

Vicinity Centres EPS without NRI Chart

Vicinity Centres Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EPS without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.06 0.27 0.06 0.12 0.22

Vicinity Centres Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EPS without NRI Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.07 0.11 0.11 0.18

ASX:VCX vs SPG, O, KIM: EPS without NRI Comparison

For the REIT - Retail subindustry, Vicinity Centres's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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 PE Ratio without NRI vs REITs Industry

For the REITs industry and Real Estate sector, Vicinity Centres's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Vicinity Centres's PE Ratio without NRI falls into.


ASX:VCX
69GF Score
Vicinity Centres ASX:VCX
EPS without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vicinity Centres EPS without NRI Calculation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.

Earnings Per Share without Non-Recurring Items is the amount of earnings without non-recurring items per outstanding share of the company's stock.

EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.29

* 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.

Frequently Asked Questions Learn more about EPS without NRI →
What does a EPS without NRI of A$0.29 mean?
Vicinity Centres (ASX:VCX) has a EPS without NRI of A$0.29 as of Dec. 2025. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Vicinity Centres and its competitors. According to the industry distribution chart, Vicinity Centres ranks #442 out of 681 companies in the REITs industry, placing it in the top 64.9%.
Is Vicinity Centres' EPS without NRI too high?
Vicinity Centres' current EPS without NRI is A$0.29. Based on the distribution chart, Vicinity Centres ranks #442 out of 681 companies in the REITs industry, which is below 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' EPS without NRI compare to SPG and O?
According to the REITs industry distribution chart, Vicinity Centres ranks #442 out of 681 companies for EPS without NRI. This places Vicinity Centres in the lower half of its industry. The industry median EPS without NRI is 1.00. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EPS without NRI for a REITs company?
The median EPS without NRI among REITs companies is 1.00, based on 681 companies in the industry. Companies in the top quartile (top 25%) have a EPS without NRI significantly above this median, while those in the bottom quartile fall well below. However, EPS without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EPS without NRI mean?
A high EPS without NRI can signal that a stock is expensive relative to its fundamentals. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Vicinity Centres and its competitors. For the REITs industry, the median EPS without NRI is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vicinity Centres's current EPS without NRI is A$0.29. 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$1.81, compared to a current price of A$2.62 — trading 44.8% above its estimated fair value. The current EPS without NRI is A$0.29. 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 EPS without NRI calculated?
EPS without NRI is calculated from a company's financial statements. For Vicinity Centres (ASX:VCX), the current EPS without NRI is A$0.29 as of Dec. 2025. 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$2.62 is trading 44.8% above its estimated GF Value™ of A$1.81. GuruFocus considers Vicinity Centres to be Significantly Overvalued.

Key valuation signals for ASX:VCX:

  • EPS without NRI: A$0.29
  • GF Value™: A$1.81 vs. price of A$2.62 (44.8% above fair value)
  • GF Score™: 69/100 with 9 warning signs

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 Business Description

Industry Real EstateREITs
Other Exchanges CNRAF:USA
Address 1341 Dandenong Road, Level 4, Chadstone Tower One, Chadstone, Melbourne, VIC, AUS, 3148
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

Get the complete analysis for ASX:VCX

EPS without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$2.62
Price
A$1.81
GF Value