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HomeCo Daily Needs REIT (ASX:HDN) EV-to-EBIT : 63.15 (As of May. 15, 2024)


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What is HomeCo Daily Needs REIT EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, HomeCo Daily Needs REIT's Enterprise Value is A$4,180.6 Mil. HomeCo Daily Needs REIT's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$66.2 Mil. Therefore, HomeCo Daily Needs REIT's EV-to-EBIT for today is 63.15.

The historical rank and industry rank for HomeCo Daily Needs REIT's EV-to-EBIT or its related term are showing as below:

ASX:HDN' s EV-to-EBIT Range Over the Past 10 Years
Min: -202.78   Med: 0   Max: 65.66
Current: 63.16

During the past 2 years, the highest EV-to-EBIT of HomeCo Daily Needs REIT was 65.66. The lowest was -202.78. And the median was 0.00.

ASX:HDN's EV-to-EBIT is ranked worse than
91.27% of 573 companies
in the REITs industry
Industry Median: 20.49 vs ASX:HDN: 63.16

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. HomeCo Daily Needs REIT's Enterprise Value for the quarter that ended in Dec. 2023 was A$4,147.7 Mil. HomeCo Daily Needs REIT's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$66.2 Mil. HomeCo Daily Needs REIT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 1.60%.


HomeCo Daily Needs REIT EV-to-EBIT Historical Data

The historical data trend for HomeCo Daily Needs REIT's EV-to-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.

* Premium members only.

HomeCo Daily Needs REIT EV-to-EBIT Chart

HomeCo Daily Needs REIT Annual Data
Trend Jun22 Jun23
EV-to-EBIT
11.80 25.41

HomeCo Daily Needs REIT Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-EBIT - - - - -

Competitive Comparison of HomeCo Daily Needs REIT's EV-to-EBIT

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's EV-to-EBIT Distribution in the 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.



HomeCo Daily Needs REIT EV-to-EBIT Calculation

HomeCo Daily Needs REIT's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4180.606/66.2
=63.15

HomeCo Daily Needs REIT's current Enterprise Value is A$4,180.6 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. HomeCo Daily Needs REIT's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$66.2 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.


HomeCo Daily Needs REIT  (ASX:HDN) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

HomeCo Daily Needs REIT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=66.2/4147.6672
=1.60 %

HomeCo Daily Needs REIT's Enterprise Value for the quarter that ended in Dec. 2023 was A$4,147.7 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. HomeCo Daily Needs REIT's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$66.2 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.


HomeCo Daily Needs REIT EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of HomeCo Daily Needs REIT's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


HomeCo Daily Needs REIT (ASX:HDN) Business Description

Traded in Other Exchanges
N/A
Address
1 Macquarie Place, Level 7, Gateway, Sydney, NSW, AUS, 2000
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 neighbourhood 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 neighbourhood (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 opportunities will arise gradually, as population growth adds demand in HomeCo's catchments.

HomeCo Daily Needs REIT (ASX:HDN) Headlines

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