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HomeCo Daily Needs REITHDNRF 57 Graham Number is $1.71 as of Jun. 2026, which is 171% above its 10-year median of 0.63. GuruFocus rates HDNRF with a GF Score™ of 57/100 and a GF Value™ of $0.89. The stock has 7 warning signs investors should review. Among 732 REITs companies, HomeCo Daily Needs REIT ranks better than 81.01% on this metric.
Graham Number is a figure that measures a stock's fundamental value by taking into account the company's earnings per share and book value per share. The Graham number is the upper bound of the price range that a defensive investor should pay for the stock. According to the theory, any stock price below the Graham number is considered undervalued, and thus worth investing in.
HomeCo Daily Needs REIT (OTCPK:HDNRF) Graham Number Explanation
Ben Graham actually did not publish a formula like this. But he wrote in The Intelligent Investor (1948 version) regarding to the criteria for purchases:
Current price should not be more than 15 times average earnings of the past three years.
Current price should not be more than 1.5 times the book value last reported. However, a multiplier of earnings below 15 could justify a correspondingly higher multiplier of assets. As a rule of thumb we suggest that the product of the multiplier times the ratio of price to book value should not exceed 22.5. (This figure corresponds to 15 times earnings and 1.5 times book value. It would admit an issue selling at only 9 times earnings and 2.5 times asset value, etc.)
Unlike valuation methods such as DCF or Discounted Earnings, the Graham number does not take growth into the valuation. Unlike the valuation methods based on book value alone, it takes into account the earnings power. Therefore, the Graham Number is a combination of asset valuation and earnings power valuation.
In general, the Graham number is a very conservative way of valuing a stock. It cannot be applied to companies with negative book values.
HomeCo Daily Needs REIT's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jun. 2026 )
=
0.7912
/
1.71
=
0.46
* 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.
Be Aware
Please keep these in mind:
1. Graham Number does not take growth into account. Therefore it underestimates the values of the companies that have good earnings growth. We feel that if the earnings per share grows more than 10% a year, Graham Number underestimates the value.
2. Graham Number punishes the companies that have temporarily low earnings. Therefore, an average of earnings makes more sense in the calculation of Graham Number.
3. Graham Numbers underestimates companies that are light with book.
HomeCo Daily Needs REIT Graham Number Related Terms
HomeCo Daily Needs REIT Graham Number Historical Data
* 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.
For the REIT - Retail subindustry, HomeCo Daily Needs REIT's Price-to-Graham-Number, along with its competitors' market caps and Price-to-Graham-Number 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 Price-to-Graham-Number vs REITs Industry
For the REITs industry and Real Estate sector, HomeCo Daily Needs REIT's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where HomeCo Daily Needs REIT's Price-to-Graham-Number falls into.
* 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 (HDNRF) has a Graham Number of $1.71 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on HomeCo Daily Needs REIT and its competitors. This is 171% above median its historical median of 0.63. Over the past decade, HomeCo Daily Needs REIT's Graham Number has ranged from 0.41 to 1.02. According to the industry distribution chart, HomeCo Daily Needs REIT ranks #139 out of 732 companies in the REITs industry, placing it in the top 19%.
Is HomeCo Daily Needs REIT's Graham Number too high?
HomeCo Daily Needs REIT's current Graham Number of $1.71 is 171% above median its 10-year median of 0.63. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 1.02. The REITs industry median Graham Number is 0.73. HomeCo Daily Needs REIT's value of $1.71 is 134.2% above this industry median. Based on the distribution chart, HomeCo Daily Needs REIT ranks #139 out of 732 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, HomeCo Daily Needs REIT has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does HomeCo Daily Needs REIT's Graham Number compare to SPG and O?
According to the REITs industry distribution chart, HomeCo Daily Needs REIT ranks #139 out of 732 companies for Graham Number. This places HomeCo Daily Needs REIT in the top 19% of its industry — outperforming the majority of peers. The industry median Graham Number is 0.73. HomeCo Daily Needs REIT's value of $1.71 is 134.2% above this benchmark. Historically, HomeCo Daily Needs REIT's own Graham Number has ranged from 0.41 to 1.02 over the past decade. While the company's 10-year median is 0.63 vs. the industry median of 0.73, HomeCo Daily Needs REIT has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Graham Number for a REITs company?
The median Graham Number among REITs companies is 0.73, based on 732 companies in the industry. Companies in the top quartile (top 25%) have a Graham Number significantly above this median, while those in the bottom quartile fall well below. However, Graham Number should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HomeCo Daily Needs REIT's current Graham Number of $1.71 is 134.2% above 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 Graham Number mean?
A high Graham Number can signal that a stock is expensive relative to its fundamentals. The Graham Number values a company based on its per-share earnings and book value. View historical data on HomeCo Daily Needs REIT and its competitors. For the REITs industry, the median Graham Number is 0.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HomeCo Daily Needs REIT's current Graham Number is $1.71, which is 171% above median its own 10-year median of 0.63. 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?
HomeCo Daily Needs REIT (HDNRF) has a current Graham Number of $1.71. The stock's GF Value™ is $0.89, compared to a current price of $0.79 — trading 11.1% below its estimated fair value. The current Graham Number is $1.71, which is 171% above median its 10-year median of 0.63 and 134.2% above the REITs industry median of 0.73. HomeCo Daily Needs REIT's overall GF Score™ is 57/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Graham Number calculated?
Graham Number is calculated from a company's financial statements. For HomeCo Daily Needs REIT (HDNRF), the current Graham Number is $1.71 as of Jun. 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 HomeCo Daily Needs REIT (HDNRF) Overvalued in 2026?
Based on GuruFocus' analysis, HomeCo Daily Needs REIT stock appears to be undervalued.
The current stock price of $0.79 is trading 11.1% below its estimated GF Value™ of $0.89.
Key valuation signals for HDNRF:
Graham Number: $1.71 (171% above median its 10-year median of 0.63)
GF Value™: $0.89 vs. price of $0.79 (11.1% below fair value)
Industry Position: 134.2% above the REITs median (#139 of 732)
No single metric tells the full story. See the HDNRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
57GF Score
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