HomeCo Daily Needs REIT (ASX:HDN) Selling, General, & Admin. Expense: A$4.3 Mil (TTM As of Dec. 2025)

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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:HDN HomeCo Daily Needs REIT ASX:HDN
57 GF Score
Price A$1.26
GF Value A$1.20
Valuation Fairly Valued
! 7 Warning Signs
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What is HomeCo Daily Needs REIT Selling, General, & Admin. Expense?

HomeCo Daily Needs REIT ASX:HDN -0.40% 57 Selling, General, & Admin. Expense is A$4.3 Mil as of Dec. 2025. GuruFocus rates ASX:HDN with a GF Score™ of 57/100 and a GF Value™ of A$1.20 (Fairly Valued). The stock has 7 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. HomeCo Daily Needs REIT's selling, general, & admin. expense for the six months ended in Dec. 2025 was A$2.1 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was A$4.3 Mil.


HomeCo Daily Needs REIT  (ASX:HDN) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


HomeCo Daily Needs REIT Selling, General, & Admin. Expense Related Terms


HomeCo Daily Needs REIT Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for HomeCo Daily Needs REIT's Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense Chart

HomeCo Daily Needs REIT Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Selling, General, & Admin. Expense
2.60 3.40 4.00 4.20

HomeCo Daily Needs REIT Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Selling, General, & Admin. Expense Get a 7-Day Free Trial Premium Member Only 1.90 2.10 2.00 2.20 2.10

ASX:HDN vs SPG, O, KIM: Selling, General, & Admin. Expense Comparison

For the REIT - Retail subindustry, HomeCo Daily Needs REIT's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense vs REITs Industry

For the REITs industry and Real Estate sector, HomeCo Daily Needs REIT's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where HomeCo Daily Needs REIT's Selling, General, & Admin. Expense falls into.


ASX:HDN
57GF Score
HomeCo Daily Needs REIT ASX:HDN
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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HomeCo Daily Needs REIT Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$4.3 Mil.

* 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.

What does a Selling, General, & Admin. Expense of A$4.3 Mil mean?
HomeCo Daily Needs REIT (ASX:HDN) has a Selling, General, & Admin. Expense of A$4.3 Mil as of Dec. 2025. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on HomeCo Daily Needs REIT and its competitors.
Is HomeCo Daily Needs REIT's Selling, General, & Admin. Expense too high?
HomeCo Daily Needs REIT's current Selling, General, & Admin. Expense is A$4.3 Mil. Overall, HomeCo Daily Needs REIT has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does HomeCo Daily Needs REIT's Selling, General, & Admin. Expense compare to SPG and O?
HomeCo Daily Needs REIT's Selling, General, & Admin. Expense of A$4.3 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for a REITs company?
A good Selling, General, & Admin. Expense depends on the REITs industry context. However, Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on HomeCo Daily Needs REIT and its competitors. HomeCo Daily Needs REIT's current Selling, General, & Admin. Expense is A$4.3 Mil. 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 Fairly Valued. The stock's GF Value™ is A$1.20, compared to a current price of A$1.26 — trading 4.6% above its estimated fair value. The current Selling, General, & Admin. Expense is A$4.3 Mil. HomeCo Daily Needs REIT's overall GF Score™ is 57/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For HomeCo Daily Needs REIT (ASX:HDN), the current Selling, General, & Admin. Expense is A$4.3 Mil 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 (ASX:HDN) Overvalued in 2026?

Based on GuruFocus' analysis, HomeCo Daily Needs REIT stock appears to be overvalued. The current stock price of A$1.26 is trading 4.6% above its estimated GF Value™ of A$1.20. GuruFocus considers HomeCo Daily Needs REIT to be Fairly Valued.

Key valuation signals for ASX:HDN:

  • Selling, General, & Admin. Expense: A$4.3 Mil
  • GF Value™: A$1.20 vs. price of A$1.26 (4.6% above fair value)
  • GF Score™: 57/100 with 7 warning signs

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 Business Description

Industry Real EstateREITs
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.
57GF Score

Get the complete analysis for ASX:HDN

Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$1.26
Price
A$1.20
GF Value