HMC CapitalASX:HMC 65 Net Margin % is 6.07% as of Dec. 2025, which is 92% below its 10-year median of 72.14. GuruFocus rates ASX:HMC with a GF Score™ of 65/100 and a GF Value™ of A$14.14 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 928 REITs companies, HMC Capital ranks worse than 92.46% on this metric.
Net margin is calculated as Net Income divided by its Revenue. HMC Capital's Net Income for the
six
months ended in Dec. 2025 was A$5.8 Mil. HMC Capital's Revenue for the
six
months ended in Dec. 2025 was A$95.5 Mil. Therefore, HMC Capital's net margin for the quarter that ended in Dec. 2025 was 6.07%.
The historical rank and industry rank for HMC Capital's Net Margin % or its related term are showing as below:
ASX:HMC'
s Net Margin % Range Over the Past 10 Years
Min: -129.68 Med: 72.14 Max: 98.29
Current: -46.42
ASX:HMC's Net Margin % is ranked worse than 92.46% of 928
companies
in the REITs industry
Industry Median: 45.23
vs ASX:HMC: -46.42
HMC Capital (ASX:HMC) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
HMC Capital Net Margin % Related Terms
HMC Capital Net Margin % Historical Data
* Premium members only.
The historical data trend for HMC Capital's Net Margin % 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:HMC vs VICI, WPC, BNL: Net Margin % Comparison
For the REIT - Diversified subindustry, HMC Capital's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs REITs Industry
For the REITs industry and Real Estate sector, HMC Capital's Net Margin % distribution charts can be found below:
* The bar in red indicates where HMC Capital's Net Margin % 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.
HMC Capital (ASX:HMC) has a Net Margin % of 6.07% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on HMC Capital and its competitors. This is 92% below median its historical median of 72.14. According to the industry distribution chart, HMC Capital ranks #858 out of 928 companies in the REITs industry, placing it in the top 92.5%.
Is HMC Capital's Net Margin % too high?
HMC Capital's current Net Margin % of 6.07% is 92% below median its 10-year median of 72.14. The REITs industry median Net Margin % is 45.23. HMC Capital's value of 6.07% is 86.6% below this industry median. Based on the distribution chart, HMC Capital ranks #858 out of 928 companies in the REITs industry, which is in the bottom quartile relative to peers. 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 Net Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, HMC Capital ranks #858 out of 928 companies for Net Margin %. This places HMC Capital in the lower half of its industry. The industry median Net Margin % is 45.23. HMC Capital's value of 6.07% is 86.6% below this benchmark. While the company's 10-year median is 72.14 vs. the industry median of 45.23, HMC Capital has consistently been below 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 Net Margin % for a REITs company?
The median Net Margin % among REITs companies is 45.23, based on 928 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HMC Capital's current Net Margin % of 6.07% is 86.6% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on HMC Capital and its competitors. For the REITs industry, the median Net Margin % is 45.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HMC Capital's current Net Margin % is 6.07%, which is 92% below median its own 10-year median of 72.14. 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$14.14, compared to a current price of A$2.95 — trading 79.1% below its estimated fair value. The current Net Margin % is 6.07%, which is 92% below median its 10-year median of 72.14 and 86.6% below the REITs industry median of 45.23. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For HMC Capital (ASX:HMC), the current Net Margin % is 6.07% as of Dec. 2025. 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$2.95 is trading 79.1% below its estimated GF Value™ of A$14.14.
GuruFocus considers HMC Capital to be Possible Value Trap.
Key valuation signals for ASX:HMC:
Net Margin %: 6.07% (92% below median its 10-year median of 72.14)
GF Value™: A$14.14 vs. price of A$2.95 (79.1% below fair value)
Industry Position: 86.6% below the REITs median (#858 of 928)
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
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