HomeCo Daily Needs REIT Units HDN
Trading Information
- Previous Close Price
- A$1.24
- Day Range
- A$1.25–1.27
- 52-Week Range
- A$1.03–1.32
- Bid/Ask
- A$1.25 / A$1.27
- Market Cap
- A$2.62 Bil
- Volume/Avg
- 2.8 Mil / 3.9 Mil
Key Statistics
- Price/Earnings (Normalized)
- 18.47
- Price/Sales
- 7.37
- Dividend Yield (Trailing)
- 6.63%
- Dividend Yield (Forward)
- 6.75%
- Total Yield
- 6.63%
Company Profile
HomeCo Daily Needs REIT, or HomeCo, is an externally managed property trust run by HMC Capital which also runs HealthCo Healthcare and Wellness REIT and unlisted funds. HomeCo targets 50% of assets in neighborhood malls, 30% large-format, and 20% in health and services. After merging with Aventus Retail REIT in 2022, HomeCo is overweight large-format (just under half its portfolio) and underweight neighborhood (one third of the portfolio), with health and services slightly below target. The plan is to move back to the target via redevelopment and tenant remixing, and potentially acquisitions. HomeCo seeks tenant leases before commencing developments, so we expect development will proceed gradually, as population growth adds demand in HomeCo’s catchments.
- Sector
- Real Estate
- Industry
- REIT - Retail
- Stock Style Box
- Mid Value
- Total Number of Employees
- —
- Website
- https://www.home-co.com.au
Comparables
Valuation
|
Metric
|
HDN
|
CMW
|
CQR
|
|---|---|---|---|
Price/Earnings (Normalized) | 18.47 | 13.18 | 21.47 |
Price/Book Value | 0.88 | 0.76 | 0.79 |
Price/Sales | 7.37 | 6.42 | 9.70 |
Price/Cash Flow | 15.55 | 11.25 | 14.00 |
Price/Earnings
HDN
CMW
CQR
Financial Strength
|
Metric
|
HDN
|
CMW
|
CQR
|
|---|---|---|---|
Quick Ratio | 0.04 | 1.16 | 0.37 |
Current Ratio | 0.27 | 2.89 | 0.57 |
Interest Coverage | 2.15 | −2.81 | 1.30 |
Quick Ratio
HDN
CMW
CQR
Profitability
|
Metric
|
HDN
|
CMW
|
CQR
|
|---|---|---|---|
Return on Assets (Normalized) | 1.72% | −8.01% | 4.02% |
Return on Equity (Normalized) | 2.72% | −15.70% | 5.96% |
Return on Invested Capital (Normalized) | 3.26% | −7.15% | 5.54% |
Return on Assets
HDN
CMW
CQR
REIT - Retail Industry Comparables
|
1-Day Chart
|
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United States