HomeCo Daily Needs REIT

HomeCo Daily Needs REIT

AASX:HDN
1.10
AUD
+0.01
(+0.92%)
0.17EPS
7.39P/E
2.68BMarket Cap
Feb 16Next Earn
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
Revenue per Share
0.17
0.17
0.17
0.18
0.18
Basic EPS, GAAP
0.28
0.05
0.04
0.12
0.17
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
Dividend per Share
0.07
0.08
0.08
0.08
0.08
Book Value per Share
1.52
1.48
1.44
1.47
1.56
Tangible Book Value per Share
1.52
1.48
1.44
1.47
1.56
Basic Weighted Avg Shares
1,194
2,071
2,078
2,083
2,088
Sales/Revenue/Turnover
198
347
355
365
378
Operating Margin (%)
66.97
67.49
66.69
67.7
67.75
Depreciation Expense
- -
- -
- -
- -
- -
Net Income, GAAP
335
102
82
250
362
Effective Tax Rate (%)
- -
- -
- -
- -
- -
Profit Margin (%)
168.99
29.43
23.07
68.63
95.59
Working Capital
-65
-54
-300
-60
-54
LT Debt
1,601
1,643
1,384
1,755
1,892
Total Equity
3,138
3,076
2,993
3,073
3,261
Return on Invested Capital (%)
- -
4.96
5.04
5.2
5.14
Return on Capital (%)
- -
3.39
3.25
6.98
9.07
Return on Common Equity (%)
- -
3.29
2.7
8.25
11.42

Capital Structure

AUD

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

AUD

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

AUD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
6.11%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
44.47%
Sales/Revenue/Turnover
- -
- -
3.73%
Total Cash Common Dividend
- -
- -
2.55%

Semi-annual Revenue

AUD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
355
2025
- -
- -
365
2026
- -
- -
378

Semi-annual Earnings Per Share

AUD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.04
2025
- -
- -
0.12
2026
- -
- -
0.17

Semi-annual Dividends Per Share

AUD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.08
2025
- -
- -
0.08
2026
- -
- -
0.08

Company Description

CEO
Sid Sharma
Full Time Employees
- -
Sector
Finance
Industry
Real estate investment trusts
Address
Level 7 Gateway Sydney NSW Australia 2000
IPO Date
Nov 23, 2020
Business
HomeCo Daily Needs REIT (HDN.AX) is an Australian real estate investment trust that owns and manages a portfolio of neighbourhood retail and convenience properties primarily leased to grocery-anchored tenants. The company offers investors exposure to essential retail assets through its diversified holdings, including supermarkets, discount department stores, and everyday needs retailers such as Woolworths, Coles, Aldi, and Kmart; it focuses on dominant neighbourhood shopping centres with long-term leases to recession-resilient tenants. HomeCo Daily Needs REIT operates exclusively in Australia, with properties concentrated in New South Wales, Victoria, Queensland, and other states, targeting stable income generation from high-traffic, daily needs locations. Founded in 2020 and headquartered in Sydney, Australia, the REIT was established through the demerger of assets from HomeCo The Wellcome Group to specialize in daily needs retail. In recent developments, the company completed the acquisition of an additional portfolio of grocery-anchored centres in 2024, enhancing its scale to over 80 assets valued at approximately A$3 billion, and announced a strategic alliance with major tenants for lease extensions amid portfolio optimization efforts.