Most of the valuations quoted on are based on capitalization rate. As below:Cap Rate Definition
What is a cap rate? The capitalization rate, often just called the cap rate, is the ratio of Net Operating Income (NOI) to property asset value. So, for example, if a property recently sold for $1,000,000 and had an NOI of $100,000, then the cap rate would be $100,000/$1,000,000, or 10%.
Cap Rate Example
Let’s take an example of how a cap rate is commonly used. Suppose we are researching the recent sale of aClass A office building with a stabilized Net Operating Income (NOI) of $1,000,000, and a sale price of $17,000,000. In the commercial real estate industry, it is common to say that this property sold at a 5.8% cap rate.
I suspect replacement cost is closer to $2.90, pre-Covid-19 NTA.
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Last
$2.43 |
Change
-0.040(1.62%) |
Mkt cap ! $11.08B | |||
| Open | High | Low | Value | Volume |
| $2.44 | $2.45 | $2.42 | $19.66M | 8.079M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6443 | $2.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.44 | 9402 | 2 |
View Market Depth
| Last trade - 16.10pm 29/07/2025 (20 minute delay) ? |
| VCX (ASX) Chart |