HomeCo Daily Needs REITHDNRF 61 Return-on-Tangible-Equity is 15.61% as of Dec. 2025, which is 171% above its 10-year median of 5.77. GuruFocus rates HDNRF with a GF Scoreâ„¢ of 61/100 and a GF Valueâ„¢ of $0.74. The stock has 7 warning signs investors should review. Among 934 REITs companies, HomeCo Daily Needs REIT ranks better than 81.16% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. HomeCo Daily Needs REIT's annualized net income for the quarter that ended in Dec. 2025 was $323.6 Mil. HomeCo Daily Needs REIT's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $2,073.0 Mil. Therefore, HomeCo Daily Needs REIT's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 15.61%.
The historical rank and industry rank for HomeCo Daily Needs REIT's Return-on-Tangible-Equity or its related term are showing as below:
HDNRF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.7 Med: 5.77 Max: 12.13
Current: 12.13
During the past 4 years, HomeCo Daily Needs REIT's highest Return-on-Tangible-Equity was 12.13%. The lowest was 2.70%. And the median was 5.77%.
HDNRF's Return-on-Tangible-Equity is ranked better than 81.16% of 934
companies
in the REITs industry
Industry Median: 6.225
vs HDNRF: 12.13
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
HomeCo Daily Needs REIT Return-on-Tangible-Equity Related Terms
HomeCo Daily Needs REIT Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for HomeCo Daily Needs REIT's Return-on-Tangible-Equity 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.
HDNRF vs SPG, O, KIM: Return-on-Tangible-Equity Comparison
For the REIT - Retail subindustry, HomeCo Daily Needs REIT's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs REITs Industry
For the REITs industry and Real Estate sector, HomeCo Daily Needs REIT's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where HomeCo Daily Needs REIT's Return-on-Tangible-Equity 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 15.61% mean?
HomeCo Daily Needs REIT (HDNRF) has a Return-on-Tangible-Equity of 15.61% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on HomeCo Daily Needs REIT and its competitors. This is 171% above median its historical median of 5.77. Over the past decade, HomeCo Daily Needs REIT's Return-on-Tangible-Equity has ranged from 2.70 to 12.13. According to the industry distribution chart, HomeCo Daily Needs REIT ranks #176 out of 934 companies in the REITs industry, placing it in the top 18.8%.
Is HomeCo Daily Needs REIT's Return-on-Tangible-Equity too high?
HomeCo Daily Needs REIT's current Return-on-Tangible-Equity of 15.61% is 171% above median its 10-year median of 5.77. Over the past 10 years, this metric has ranged from a low of 2.70 to a high of 12.13. The REITs industry median Return-on-Tangible-Equity is 6.23. HomeCo Daily Needs REIT's value of 15.61% is 150.8% above this industry median. Based on the distribution chart, HomeCo Daily Needs REIT ranks #176 out of 934 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 61/100, reflecting its overall financial health beyond just this single metric.
How does HomeCo Daily Needs REIT's Return-on-Tangible-Equity compare to SPG and O?
According to the REITs industry distribution chart, HomeCo Daily Needs REIT ranks #176 out of 934 companies for Return-on-Tangible-Equity. This places HomeCo Daily Needs REIT in the top 19% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.23. HomeCo Daily Needs REIT's value of 15.61% is 150.8% above this benchmark. Historically, HomeCo Daily Needs REIT's own Return-on-Tangible-Equity has ranged from 2.70 to 12.13 over the past decade. While the company's 10-year median is 5.77 vs. the industry median of 6.23, 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 Return-on-Tangible-Equity for a REITs company?
The median Return-on-Tangible-Equity among REITs companies is 6.23, based on 934 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HomeCo Daily Needs REIT's current Return-on-Tangible-Equity of 15.61% is 150.8% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on HomeCo Daily Needs REIT and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HomeCo Daily Needs REIT's current Return-on-Tangible-Equity is 15.61%, which is 171% above median its own 10-year median of 5.77. 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 Return-on-Tangible-Equity of 15.61%. The stock's GF Value™ is $0.74, compared to a current price of $0.79 — trading 6.9% above its estimated fair value. The current Return-on-Tangible-Equity is 15.61%, which is 171% above median its 10-year median of 5.77 and 150.8% above the REITs industry median of 6.23. 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 Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For HomeCo Daily Needs REIT (HDNRF), the current Return-on-Tangible-Equity is 15.61% 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 6.9% above its estimated GF Value™ of $0.74.
Key valuation signals for HDNRF:
Return-on-Tangible-Equity: 15.61% (171% above median its 10-year median of 5.77)
GF Value™: $0.74 vs. price of $0.79 (6.9% above fair value)
Industry Position: 150.8% above the REITs median (#176 of 934)
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 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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