Vicinity Centres (ASX:VCX) Non Operating Income: A$765 Mil (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:VCX Vicinity Centres ASX:VCX
59 GF Score
Price A$2.62
GF Value A$1.80
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Vicinity Centres Non Operating Income?

Vicinity Centres ASX:VCX 59 Non Operating Income is A$765 Mil as of Dec. 2025. GuruFocus rates ASX:VCX with a GF Score™ of 59/100 and a GF Value™ of A$1.80 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Non Operating Income is income or expense that comes from miscellaneous sources. Vicinity Centres's Non Operating Income for the six months ended in Dec. 2025 was A$508 Mil. Its Non Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was A$765 Mil.


Vicinity Centres Non Operating Income Related Terms


Vicinity Centres Non Operating Income Historical Data

* Premium members only.

The historical data trend for Vicinity Centres's Non Operating Income 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 Non Operating Income Chart

Vicinity Centres Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Non Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -710.60 727.50 -320.30 -10.00 458.80

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
Non Operating Income 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 -75.30 65.30 201.90 256.90 507.70
ASX:VCX
59GF Score
Vicinity Centres ASX:VCX
Non Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vicinity Centres Non Operating Income Calculation

Non Operating Income is income or expense that comes from miscellaneous sources.

Non Operating Income 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$765 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.

Frequently Asked Questions Learn more about Non Operating Income →
What does a Non Operating Income of A$765 Mil mean?
Vicinity Centres (ASX:VCX) has a Non Operating Income of A$765 Mil as of Dec. 2025. Non-operating Income represents the amount of income from one-time, nonrecurring events. View historical data on Vicinity Centres and its competitors.
Is Vicinity Centres' Non Operating Income too high?
Vicinity Centres' current Non Operating Income is A$765 Mil. Overall, Vicinity Centres has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vicinity Centres' Non Operating Income compare to SPG and O?
Vicinity Centres' Non Operating Income of A$765 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Non Operating Income for a REITs company?
A good Non Operating Income depends on the REITs industry context. However, Non Operating Income 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 Non Operating Income mean?
A high Non Operating Income can signal that a stock is expensive relative to its fundamentals. Non-operating Income represents the amount of income from one-time, nonrecurring events. View historical data on Vicinity Centres and its competitors. Vicinity Centres's current Non Operating Income is A$765 Mil. 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$2.62 — trading 45.6% above its estimated fair value. The current Non Operating Income is A$765 Mil. Vicinity Centres' overall GF Score™ is 59/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Non Operating Income calculated?
Non Operating Income is calculated from a company's financial statements. For Vicinity Centres (ASX:VCX), the current Non Operating Income is A$765 Mil 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 45.6% above its estimated GF Value™ of A$1.80. GuruFocus considers Vicinity Centres to be Significantly Overvalued.

Key valuation signals for ASX:VCX:

  • Non Operating Income: A$765 Mil
  • GF Value™: A$1.80 vs. price of A$2.62 (45.6% above fair value)
  • GF Score™: 59/100 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.
59GF Score

Get the complete analysis for ASX:VCX

Non Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$2.62
Price
A$1.80
GF Value