Vicinity CentresASX:VCX -1.53%69 5-Year Yield-on-Cost % is 8.00 as of Jul. 02, 2026, which is 19% below its 10-year median of 9.86. 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 875 REITs companies, Vicinity Centres ranks better than 56.23% on this metric.
Vicinity Centres's yield on cost for the quarter that ended in Dec. 2025 was 8.00.
The historical rank and industry rank for Vicinity Centres's 5-Year Yield-on-Cost % or its related term are showing as below:
ASX:VCX'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.77 Med: 9.86 Max: 27.77
Current: 8
During the past 13 years, Vicinity Centres's highest Yield on Cost was 27.77. The lowest was 3.77. And the median was 9.86.
ASX:VCX's 5-Year Yield-on-Cost % is ranked better than 56.23% of 875
companies
in the REITs industry
Industry Median: 7.23
vs ASX:VCX: 8.00
Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.
Vicinity Centres 5-Year Yield-on-Cost % Related Terms
ASX:VCX vs SPG, O, KIM: 5-Year Yield-on-Cost % Comparison
For the REIT - Retail subindustry, Vicinity Centres's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % vs REITs Industry
For the REITs industry and Real Estate sector, Vicinity Centres's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Vicinity Centres's 5-Year Yield-on-Cost % falls into.
Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.
Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.
Vicinity Centres (ASX:VCX) has a 5-Year Yield-on-Cost % of 8.00 as of Jul. 02, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Vicinity Centres and its competitors. This is 19% below median its historical median of 9.86. Over the past decade, Vicinity Centres' 5-Year Yield-on-Cost % has ranged from 3.77 to 27.77. According to the industry distribution chart, Vicinity Centres ranks #383 out of 875 companies in the REITs industry, placing it in the top 43.8%.
Is Vicinity Centres' 5-Year Yield-on-Cost % too high?
Vicinity Centres' current 5-Year Yield-on-Cost % of 8.00 is 19% below median its 10-year median of 9.86. Over the past 10 years, this metric has ranged from a low of 3.77 to a high of 27.77. The REITs industry median 5-Year Yield-on-Cost % is 7.23. Vicinity Centres' value of 8.00 is 10.7% above this industry median. Based on the distribution chart, Vicinity Centres ranks #383 out of 875 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' 5-Year Yield-on-Cost % compare to SPG and O?
According to the REITs industry distribution chart, Vicinity Centres ranks #383 out of 875 companies for 5-Year Yield-on-Cost %. This puts Vicinity Centres in the upper half of its industry. The industry median 5-Year Yield-on-Cost % is 7.23. Vicinity Centres' value of 8.00 is 10.7% above this benchmark. Historically, Vicinity Centres' own 5-Year Yield-on-Cost % has ranged from 3.77 to 27.77 over the past decade. While the company's 10-year median is 9.86 vs. the industry median of 7.23, Vicinity Centres has consistently been above 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 5-Year Yield-on-Cost % for a REITs company?
The median 5-Year Yield-on-Cost % among REITs companies is 7.23, based on 875 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vicinity Centres's current 5-Year Yield-on-Cost % of 8.00 is 10.7% above 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 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Vicinity Centres and its competitors. For the REITs industry, the median 5-Year Yield-on-Cost % is 7.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vicinity Centres's current 5-Year Yield-on-Cost % is 8.00, which is 19% below median its own 10-year median of 9.86. 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$2.58 — trading 43.3% above its estimated fair value. The current 5-Year Yield-on-Cost % is 8.00, which is 19% below median its 10-year median of 9.86 and 10.7% above the REITs industry median of 7.23. 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 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For Vicinity Centres (ASX:VCX), the current 5-Year Yield-on-Cost % is 8.00 as of Jul. 02, 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$2.58 is trading 43.3% above its estimated GF Value™ of A$1.80.
GuruFocus considers Vicinity Centres to be Significantly Overvalued.
Key valuation signals for ASX:VCX:
5-Year Yield-on-Cost %: 8.00 (19% below median its 10-year median of 9.86)
GF Value™: A$1.80 vs. price of A$2.58 (43.3% above fair value)
Industry Position: 10.7% above the REITs median (#383 of 875)
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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