HomeCo Daily Needs REIT (ASX:HDN) EBIT: A$462.3 Mil (TTM As of Dec. 2025)


ASX:HDN HomeCo Daily Needs REIT ASX:HDN
59 GF Score
Price A$1.31
GF Value A$1.20
Valuation Fairly Valued
! 8 Warning Signs
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What is HomeCo Daily Needs REIT EBIT?

HomeCo Daily Needs REIT ASX:HDN +0.38% 59 EBIT is A$462.3 Mil as of Dec. 2025. GuruFocus rates ASX:HDN with a GF Score™ of 59/100 and a GF Value™ of A$1.20 (Fairly Valued). The stock has 8 warning signs investors should review.

HomeCo Daily Needs REIT's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was A$288.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was A$462.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. HomeCo Daily Needs REIT's annualized ROC % for the quarter that ended in Dec. 2025 was 5.22%. HomeCo Daily Needs REIT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. HomeCo Daily Needs REIT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 10.19%.

HomeCo Daily Needs REIT  (ASX:HDN) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

HomeCo Daily Needs REIT's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=262.2 * ( 1 - 0% )/( (4889.6 + 5146.8)/ 2 )
=262.2/5018.2
=5.22 %

where

Invested Capital(Q: Jun. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=4960.7 - 130.8 - ( 18 - max(0, 131.2 - 71.5+18))
=4889.6

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=5190.9 - 79.2 - ( 25.4 - max(0, 124.1 - 89+25.4))
=5146.8

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

HomeCo Daily Needs REIT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=576/( ( (0 + max(-77.7, 0)) + (0 + max(-60.5, 0)) )/ 2 )
=576/( ( 0 + 0 )/ 2 )
=576/0
= %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.1 + 0 + 51.4) - (130.8 + 0 + 0.39999999999998)
=-77.7

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.6 + 0 + 59) - (79.2 + 0 + 44.9)
=-60.5

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

HomeCo Daily Needs REIT's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=462.3/4538.935
=10.19 %

* 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.

HomeCo Daily Needs REIT EBIT Related Terms

HomeCo Daily Needs REIT EBIT Historical Data

* Premium members only.

The historical data trend for HomeCo Daily Needs REIT's EBIT 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.

HomeCo Daily Needs REIT EBIT Chart

HomeCo Daily Needs REIT Annual Data
Trend Jun22 Jun23 Jun24 Jun25
EBIT
358.10 160.40 152.50 331.70

HomeCo Daily Needs REIT Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EBIT Get a 7-Day Free Trial Premium Member Only 25.60 126.90 157.40 174.30 288.00

ASX:HDN vs SPG, O, KIM: EBIT Comparison

For the REIT - Retail subindustry, HomeCo Daily Needs REIT's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.

HomeCo Daily Needs REIT EV-to-EBIT vs REITs Industry

For the REITs industry and Real Estate sector, HomeCo Daily Needs REIT's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where HomeCo Daily Needs REIT's EV-to-EBIT falls into.


ASX:HDN
59GF Score
HomeCo Daily Needs REIT ASX:HDN
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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HomeCo Daily Needs REIT EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT 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$462.3 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 EBIT →
What does a EBIT of A$462.3 Mil mean?
HomeCo Daily Needs REIT (ASX:HDN) has a EBIT of A$462.3 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on HomeCo Daily Needs REIT.
Is HomeCo Daily Needs REIT's EBIT too high?
HomeCo Daily Needs REIT's current EBIT is A$462.3 Mil. Overall, HomeCo Daily Needs REIT has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does HomeCo Daily Needs REIT's EBIT compare to SPG and O?
HomeCo Daily Needs REIT's EBIT of A$462.3 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 EBIT for a REITs company?
A good EBIT depends on the REITs industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on HomeCo Daily Needs REIT. HomeCo Daily Needs REIT's current EBIT is A$462.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HomeCo Daily Needs REIT stock overvalued right now?
Based on GuruFocus' analysis, HomeCo Daily Needs REIT (ASX:HDN) is currently considered Fairly Valued. The stock's GF Value™ is A$1.20, compared to a current price of A$1.31 — trading 9.2% above its estimated fair value. The current EBIT is A$462.3 Mil. HomeCo Daily Needs REIT's overall GF Score™ is 59/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For HomeCo Daily Needs REIT (ASX:HDN), the current EBIT is A$462.3 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 HomeCo Daily Needs REIT (ASX:HDN) Overvalued in 2026?

Based on GuruFocus' analysis, HomeCo Daily Needs REIT stock appears to be overvalued. The current stock price of A$1.31 is trading 9.2% above its estimated GF Value™ of A$1.20. GuruFocus considers HomeCo Daily Needs REIT to be Fairly Valued.

Key valuation signals for ASX:HDN:

  • EBIT: A$462.3 Mil
  • GF Value™: A$1.20 vs. price of A$1.31 (9.2% above fair value)
  • GF Score™: 59/100 with 8 warning signs

No single metric tells the full story. See the ASX:HDN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

HomeCo Daily Needs REIT Business Description

Industry Real EstateREITs
Address Gateway, Level 7, 1 Macquarie Place, Sydney, NSW, AUS, 2000
HomeCo Daily Needs REIT is a listed investment trust established and managed by HMC Capital, an ASX-listed alternative asset manager. HMC receives fees from HomeCo in exchange for property, investment, and development management services, and retains a minority interest in the REIT. HomeCo focuses on convenience-based assets that offer everyday goods and services, such as supermarkets, liquor stores, pharmacies, childcare, government and general services. Its portfolio also has a significant weighting to large format retail—a subsector that specializes in furniture, electrical appliances, and other homemaker offerings. Majority of HomeCo's leases has fixed annual rate increases, and a smaller proportion are inflation-linked, with the rest commensurate with supermarket turnover.
59GF Score

Get the complete analysis for ASX:HDN

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

A$1.31
Price
A$1.20
GF Value