HDNRF (HomeCo Daily Needs REIT) Pretax Margin %: 127.89% (As of Dec. 2025) — 161% Above Median


HDNRF HomeCo Daily Needs REIT HDNRF
60 GF Score
Price $0.79
GF Value $0.75
! 7 Warning Signs
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What is HomeCo Daily Needs REIT Pretax Margin %?

HomeCo Daily Needs REIT HDNRF 60 Pretax Margin % is 127.89% as of Dec. 2025, which is 161% above its 10-year median of 49.03. GuruFocus rates HDNRF with a GF Score™ of 60/100 and a GF Value™ of $0.75. The stock has 7 warning signs investors should review. Among 929 REITs companies, HomeCo Daily Needs REIT ranks better than 87.3% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. HomeCo Daily Needs REIT's Pre-Tax Income for the six months ended in Dec. 2025 was $161.8 Mil. HomeCo Daily Needs REIT's Revenue for the six months ended in Dec. 2025 was $126.5 Mil. Therefore, HomeCo Daily Needs REIT's pretax margin for the quarter that ended in Dec. 2025 was 127.89%.

The historical rank and industry rank for HomeCo Daily Needs REIT's Pretax Margin % or its related term are showing as below:

HDNRF' s Pretax Margin % Range Over the Past 10 Years
Min: 23.07   Med: 49.03   Max: 168.99
Current: 100.19


HDNRF's Pretax Margin % is ranked better than
87.3% of 929 companies
in the REITs industry
Industry Median: 46.7 vs HDNRF: 100.19

HomeCo Daily Needs REIT  (OTCPK:HDNRF) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


HomeCo Daily Needs REIT Pretax Margin % Related Terms


HomeCo Daily Needs REIT Pretax Margin % Historical Data

* Premium members only.

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

HomeCo Daily Needs REIT Pretax Margin % Chart

HomeCo Daily Needs REIT Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Pretax Margin %
168.99 29.43 23.07 68.63

HomeCo Daily Needs REIT Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Pretax Margin % Get a 7-Day Free Trial Premium Member Only -5.99 52.46 65.32 71.81 127.89

HDNRF vs SPG, O, KIM: Pretax Margin % Comparison

For the REIT - Retail subindustry, HomeCo Daily Needs REIT's Pretax Margin %, along with its competitors' market caps and Pretax 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.


HomeCo Daily Needs REIT Pretax Margin % vs REITs Industry

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

* The bar in red indicates where HomeCo Daily Needs REIT's Pretax Margin % falls into.


HDNRF
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HomeCo Daily Needs REIT HDNRF
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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HomeCo Daily Needs REIT Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

HomeCo Daily Needs REIT's Pretax Margin for the fiscal year that ended in Jun. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Jun. 2025 )/Revenue (A: Jun. 2025 )
=162.956/237.435
=68.63 %

HomeCo Daily Needs REIT's Pretax Margin for the quarter that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=161.794/126.512
=127.89 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of 127.89% mean?
HomeCo Daily Needs REIT (HDNRF) has a Pretax Margin % of 127.89% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on HomeCo Daily Needs REIT and its competitors. This is 161% above median its historical median of 49.03. Over the past decade, HomeCo Daily Needs REIT's Pretax Margin % has ranged from 23.07 to 168.99. According to the industry distribution chart, HomeCo Daily Needs REIT ranks #118 out of 929 companies in the REITs industry, placing it in the top 12.7%.
Is HomeCo Daily Needs REIT's Pretax Margin % too high?
HomeCo Daily Needs REIT's current Pretax Margin % of 127.89% is 161% above median its 10-year median of 49.03. Over the past 10 years, this metric has ranged from a low of 23.07 to a high of 168.99. The REITs industry median Pretax Margin % is 46.70. HomeCo Daily Needs REIT's value of 127.89% is 173.9% above this industry median. Based on the distribution chart, HomeCo Daily Needs REIT ranks #118 out of 929 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 60/100, reflecting its overall financial health beyond just this single metric.
How does HomeCo Daily Needs REIT's Pretax Margin % compare to SPG and O?
According to the REITs industry distribution chart, HomeCo Daily Needs REIT ranks #118 out of 929 companies for Pretax Margin %. This places HomeCo Daily Needs REIT in the top 13% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 46.70. HomeCo Daily Needs REIT's value of 127.89% is 173.9% above this benchmark. Historically, HomeCo Daily Needs REIT's own Pretax Margin % has ranged from 23.07 to 168.99 over the past decade. While the company's 10-year median is 49.03 vs. the industry median of 46.70, 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 Pretax Margin % for a REITs company?
The median Pretax Margin % among REITs companies is 46.70, based on 929 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HomeCo Daily Needs REIT's current Pretax Margin % of 127.89% is 173.9% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on HomeCo Daily Needs REIT and its competitors. For the REITs industry, the median Pretax Margin % is 46.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HomeCo Daily Needs REIT's current Pretax Margin % is 127.89%, which is 161% above median its own 10-year median of 49.03. 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 Pretax Margin % of 127.89%. The stock's GF Value™ is $0.75, compared to a current price of $0.79 — trading 5.5% above its estimated fair value. The current Pretax Margin % is 127.89%, which is 161% above median its 10-year median of 49.03 and 173.9% above the REITs industry median of 46.70. HomeCo Daily Needs REIT's overall GF Score™ is 60/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For HomeCo Daily Needs REIT (HDNRF), the current Pretax Margin % is 127.89% 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 HomeCo Daily Needs REIT (HDNRF) Overvalued in 2026?

Based on GuruFocus' analysis, HomeCo Daily Needs REIT stock appears to be overvalued. The current stock price of $0.79 is trading 5.5% above its estimated GF Value™ of $0.75.

Key valuation signals for HDNRF:

  • Pretax Margin %: 127.89% (161% above median its 10-year median of 49.03)
  • GF Value™: $0.75 vs. price of $0.79 (5.5% above fair value)
  • GF Score™: 60/100 with 7 warning signs
  • Industry Position: 173.9% above the REITs median (#118 of 929)

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 Business Description

Industry Real EstateREITs
Other Exchanges HDN:Australia
Address Gateway, Level 7, 1 Macquarie Place, Sydney, NSW, AUS, 2000
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.
60GF Score

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Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.79
Price
$0.75
GF Value