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HMC Capital (ASX:HMC) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
HMC Capital Forward PE Ratio Related Terms
HMC Capital Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for HMC Capital's Forward PE Ratio 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.
HMC Capital Forward PE Ratio Chart
HMC Capital Annual Data
Trend
2022-06
2023-06
2025-06
Forward PE Ratio
15.50
18.48
14.33
HMC Capital Semi-Annual Data
2021-12
2022-06
2022-12
2023-06
2024-12
2025-06
2025-12
Forward PE Ratio
30.58
15.50
16.42
18.48
25.84
14.33
12.22
ASX:HMC vs VICI, WPC, BNL: Forward PE Ratio Comparison
For the REIT - Diversified subindustry, HMC Capital's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio 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.
HMC Capital Forward PE Ratio vs REITs Industry
For the REITs industry and Real Estate sector, HMC Capital's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where HMC Capital's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
HMC Capital (ASX:HMC) has a Forward PE Ratio of 11.48 as of Jul. 17, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on HMC Capital and its competitors. According to the industry distribution chart, HMC Capital ranks #118 out of 461 companies in the REITs industry, placing it in the top 25.6%.
Is HMC Capital's Forward PE Ratio too high?
HMC Capital's current Forward PE Ratio is 11.48. The REITs industry median Forward PE Ratio is 16.39. HMC Capital's value of 11.48 is 30% below this industry median. Based on the distribution chart, HMC Capital ranks #118 out of 461 companies in the REITs industry, which is above the industry midpoint. Overall, HMC Capital has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HMC Capital's Forward PE Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, HMC Capital ranks #118 out of 461 companies for Forward PE Ratio. This puts HMC Capital in the upper half of its industry. The industry median Forward PE Ratio is 16.39. HMC Capital's value of 11.48 is 30% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a REITs company?
The median Forward PE Ratio among REITs companies is 16.39, based on 461 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HMC Capital's current Forward PE Ratio of 11.48 is 30% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on HMC Capital and its competitors. For the REITs industry, the median Forward PE Ratio is 16.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HMC Capital's current Forward PE Ratio is 11.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HMC Capital stock overvalued right now?
Based on GuruFocus' analysis, HMC Capital (ASX:HMC) is currently considered Possible Value Trap. The stock's GF Value™ is A$14.02, compared to a current price of A$2.89 — trading 79.4% below its estimated fair value. The current Forward PE Ratio is 11.48 and 30% below the REITs industry median of 16.39. HMC Capital's overall GF Score™ is 65/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For HMC Capital (ASX:HMC), the current Forward PE Ratio is 11.48 as of Jul. 17, 2026. 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 HMC Capital (ASX:HMC) Overvalued in 2026?
Based on GuruFocus' analysis, HMC Capital stock appears to be undervalued.
The current stock price of A$2.89 is trading 79.4% below its estimated GF Value™ of A$14.02.
GuruFocus considers HMC Capital to be Possible Value Trap.
Key valuation signals for ASX:HMC:
Forward PE Ratio: 11.48
GF Value™: A$14.02 vs. price of A$2.89 (79.4% below fair value)
Industry Position: 30% below the REITs median (#118 of 461)
No single metric tells the full story. See the ASX:HMC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HMC Capital Ltd is a property group focused on ownership, development, and management. The company's operating segment includes Real Estate which comprises of HMC Capital managed HomeCo Daily Needs REIT, HealthCo Healthcare and Wellness REIT, HMC Wholesale Healthcare Fund and the Last Mile Logistics Fund; Private Equity which includes the HMC Capital Partners Fund I, a high conviction strategic stakes fund; and Corporate properties which includes unallocated costs and Capital Solutions activities which includes short term investments undertaken relating to non-HMC managed funds. It generates maximum revenue from the Real Estate segment. The company portfolio comprises mainly retail and services centers.
65GF Score
Get the complete analysis for ASX:HMC
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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