HomeCo Daily Needs REIT (ASX:HDN) Market Cap : A$2,547.0 Mil (As of Apr. 25, 2024)

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What is HomeCo Daily Needs REIT Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). HomeCo Daily Needs REIT's share price for the quarter that ended in Dec. 2023 was A$1.22. HomeCo Daily Needs REIT's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 2,077.8 Mil. Therefore, HomeCo Daily Needs REIT's market cap for the quarter that ended in Dec. 2023 was A$2,534.9 Mil.

HomeCo Daily Needs REIT's quarterly market cap declined from Dec. 2022 (A$2,671.7 Mil) to Jun. 2023 (A$2,447.8 Mil) but then increased from Jun. 2023 (A$2,447.8 Mil) to Dec. 2023 (A$2,534.9 Mil).

HomeCo Daily Needs REIT's annual market cap increased from . 20 (A$0.0 Mil) to Jun. 2022 (A$2,646.7 Mil) but then declined from Jun. 2022 (A$2,646.7 Mil) to Jun. 2023 (A$2,447.8 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. HomeCo Daily Needs REIT's Enterprise Value for Today is A$4,159.8 Mil.

HomeCo Daily Needs REIT Market Cap Historical Data

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

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HomeCo Daily Needs REIT Market Cap Chart

HomeCo Daily Needs REIT Annual Data

Trend

Jun22

Jun23

Market Cap

2,646.68

2,447.76

HomeCo Daily Needs REIT Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Market Cap	1,271.35	2,646.68	2,671.68	2,447.76	2,534.87

Competitive Comparison of HomeCo Daily Needs REIT's Market Cap

For the REIT - Retail subindustry, HomeCo Daily Needs REIT's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the REITs Industry

For the REITs industry and Real Estate sector, HomeCo Daily Needs REIT's Market Cap distribution charts can be found below:

* The bar in red indicates where HomeCo Daily Needs REIT's Market Cap falls into.

HomeCo Daily Needs REIT Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

HomeCo Daily Needs REIT's Market Cap for the fiscal year that ended in Jun. 2023 is calculated as

Market Cap (A: Jun. 2023 )	=	Share Price (A: Jun. 2023 )	*	Shares Outstanding (EOP) (A: Jun. 2023 )
	=	A$1.18	*	2074.37
	=	A$2,447.8

HomeCo Daily Needs REIT's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )	=	Share Price (Q: Dec. 2023 )	*	Shares Outstanding (EOP) (Q: Dec. 2023 )
	=	A$1.22	*	2077.76
	=	A$2,534.9

HomeCo Daily Needs REIT (ASX:HDN) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.

HomeCo Daily Needs REIT Market Cap 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 » Market Cap

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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