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The historical rank and industry rank for HomeCo Daily Needs REIT's Net Cash per Share or its related term are showing as below:
ASX:HDN's Price-to-Net-Cash is not ranked *
in the REITs industry.
Industry Median: 19.66 * Ranked among companies with meaningful Price-to-Net-Cash only.
HomeCo Daily Needs REIT (ASX:HDN) Net Cash per Share Explanation
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
HomeCo Daily Needs REIT Net Cash per Share Related Terms
HomeCo Daily Needs REIT Net Cash per Share Historical Data
* Premium members only.
The historical data trend for HomeCo Daily Needs REIT's Net Cash per Share 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.
ASX:HDN vs SPG, O, KIM: Net Cash per Share Comparison
For the REIT - Retail subindustry, HomeCo Daily Needs REIT's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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-Net-Cash vs REITs Industry
For the REITs industry and Real Estate sector, HomeCo Daily Needs REIT's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where HomeCo Daily Needs REIT's Price-to-Net-Cash falls into.
HomeCo Daily Needs REIT Net Cash per Share Calculation
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
HomeCo Daily Needs REIT's Net Cash per Share for the fiscal year that ended in Jun. 2026 is calculated as
* 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) has a Net Cash per Share of A$-0.94 as of Jun. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on HomeCo Daily Needs REIT and its competitors. According to the industry distribution chart, HomeCo Daily Needs REIT ranks #999999 out of 102 companies in the REITs industry.
Is HomeCo Daily Needs REIT's Net Cash per Share too high?
HomeCo Daily Needs REIT's current Net Cash per Share is A$-0.94. Based on the distribution chart, HomeCo Daily Needs REIT ranks #999999 out of 102 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, HomeCo Daily Needs REIT has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HomeCo Daily Needs REIT's Net Cash per Share compare to SPG and O?
According to the REITs industry distribution chart, HomeCo Daily Needs REIT ranks #999999 out of 102 companies for Net Cash per Share. This places HomeCo Daily Needs REIT in the lower half of its industry. The industry median Net Cash per Share is 19.66. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a REITs company?
The median Net Cash per Share among REITs companies is 19.66, based on 102 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on HomeCo Daily Needs REIT and its competitors. For the REITs industry, the median Net Cash per Share is 19.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HomeCo Daily Needs REIT's current Net Cash per Share is A$-0.94. 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?
Based on GuruFocus' analysis, HomeCo Daily Needs REIT (ASX:HDN) is currently considered Modestly Undervalued. The stock's GF Value™ is A$1.29, compared to a current price of A$1.09 — trading 15.5% below its estimated fair value. The current Net Cash per Share is A$-0.94. HomeCo Daily Needs REIT's overall GF Score™ is 61/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For HomeCo Daily Needs REIT (ASX:HDN), the current Net Cash per Share is A$-0.94 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 (ASX:HDN) Overvalued in 2026?
Based on GuruFocus' analysis, HomeCo Daily Needs REIT stock appears to be undervalued.
The current stock price of A$1.09 is trading 15.5% below its estimated GF Value™ of A$1.29.
GuruFocus considers HomeCo Daily Needs REIT to be Modestly Undervalued.
Key valuation signals for ASX:HDN:
Net Cash per Share: A$-0.94
GF Value™: A$1.29 vs. price of A$1.09 (15.5% below fair value)
No single metric tells the full story. See the ASX:HDN 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.
61GF Score
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