HomeCo Daily Needs REIT (ASX:HDN) Median PS Value : A$0.00 (As of May. 16, 2024)

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What is HomeCo Daily Needs REIT Median PS Value?

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. HomeCo Daily Needs REIT's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.173. HomeCo Daily Needs REIT's 10-Year median PS Ratio is 0. Therefore, the Median PS Value for today is A$0.00.

As of today (2024-05-16), HomeCo Daily Needs REIT's share price is A$1.29. HomeCo Daily Needs REIT's Median PS Value is A$0.00. Therefore, HomeCo Daily Needs REIT's Price to Median PS Value for today is 0.00.

The historical rank and industry rank for HomeCo Daily Needs REIT's Median PS Value or its related term are showing as below:

ASX:HDN's Price-to-Median-PS-Value is not ranked ^*
in the REITs industry.
Industry Median: 0.815
* Ranked among companies with meaningful Price-to-Median-PS-Value only.

HomeCo Daily Needs REIT Median PS Value Historical Data

The historical data trend for HomeCo Daily Needs REIT's Median PS Value 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 Median PS Value Chart

HomeCo Daily Needs REIT Annual Data

Trend

Jun22

Jun23

Median PS Value

HomeCo Daily Needs REIT Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Median PS Value	-	-	-	-	-

Competitive Comparison of HomeCo Daily Needs REIT's Median PS Value

For the REIT - Retail subindustry, HomeCo Daily Needs REIT's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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 Price-to-Median-PS-Value Distribution in the REITs Industry

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

* The bar in red indicates where HomeCo Daily Needs REIT's Price-to-Median-PS-Value falls into.

HomeCo Daily Needs REIT Median PS Value Calculation

HomeCo Daily Needs REIT's Median PS Value for today is calculated as

Median PS Value	=	Revenue per Share (TTM)	*	10-Year Median PS Ratio
	=	0.173	*	0
	=	0.00

10-Year Median PS Ratio is 0.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. HomeCo Daily Needs REIT's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.173.

HomeCo Daily Needs REIT (ASX:HDN) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

HomeCo Daily Needs REIT's Price to Median PS Value for today is calculated as

Price to Median PS Value	=	Share Price	/	Median PS Value
	=	1.29	/	0.00
	=

HomeCo Daily Needs REIT Median PS Value Related Terms

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HomeCo Daily Needs REIT (ASX:HDN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » HomeCo Daily Needs REIT (ASX:HDN) » Definitions » Median PS Value

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Macquarie Place, Level 7, Gateway, Sydney, NSW, AUS, 2000

Website

https://www.home-co.com.au

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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