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HomeCo Daily Needs REIT (ASX:HDN) Price-to-Owner-Earnings : (As of May. 05, 2024)


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What is HomeCo Daily Needs REIT Price-to-Owner-Earnings?

As of today (2024-05-05), HomeCo Daily Needs REIT's share price is A$1.215. HomeCo Daily Needs REIT does not have enough data to calculate Owner Earnings per Share (TTM), so as pPrice-to-Owner-Earnings.


The historical rank and industry rank for HomeCo Daily Needs REIT's Price-to-Owner-Earnings or its related term are showing as below:


ASX:HDN's Price-to-Owner-Earnings is not ranked *
in the REITs industry.
Industry Median: 14.08
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

As of today (2024-05-05), HomeCo Daily Needs REIT's share price is A$1.215. HomeCo Daily Needs REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was A$-0.00. Therefore, HomeCo Daily Needs REIT's PE Ratio for today is At Loss.

As of today (2024-05-05), HomeCo Daily Needs REIT's share price is A$1.215. HomeCo Daily Needs REIT's EPS without NRI for the trailing twelve months (TTM) ended in was A$-0.00. Therefore, HomeCo Daily Needs REIT's PE Ratio without NRI for today is At Loss.

During the past 2 years, HomeCo Daily Needs REIT's highest PE Ratio without NRI was 26.22. The lowest was 0.00. And the median was 0.00.


HomeCo Daily Needs REIT Price-to-Owner-Earnings Historical Data

The historical data trend for HomeCo Daily Needs REIT's Price-to-Owner-Earnings 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 Price-to-Owner-Earnings Chart

HomeCo Daily Needs REIT Annual Data
Trend Jun22 Jun23
Price-to-Owner-Earnings
- -

HomeCo Daily Needs REIT Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Owner-Earnings - - - - -

Competitive Comparison of HomeCo Daily Needs REIT's Price-to-Owner-Earnings

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

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

* The bar in red indicates where HomeCo Daily Needs REIT's Price-to-Owner-Earnings falls into.



HomeCo Daily Needs REIT Price-to-Owner-Earnings Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

HomeCo Daily Needs REIT's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=1.215/0.00
=

* 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) Price-to-Owner-Earnings Explanation

For how to get Owner Earnings per Share (TTM), please click.


HomeCo Daily Needs REIT Price-to-Owner-Earnings Related Terms

Thank you for viewing the detailed overview of HomeCo Daily Needs REIT's Price-to-Owner-Earnings provided by GuruFocus.com. Please click on the following links to see related term pages.


HomeCo Daily Needs REIT (ASX:HDN) Business Description

Traded in Other Exchanges
N/A
Address
1 Macquarie Place, Level 7, Gateway, Sydney, NSW, AUS, 2000
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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