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HomeCo Daily Needs REIT (ASX:HDN) FCF Yield % : 6.47 (As of May. 21, 2024)


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What is HomeCo Daily Needs REIT FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, HomeCo Daily Needs REIT's Trailing 12-Month Free Cash Flow is A$169.7 Mil, and Market Cap is A$2,619.8 Mil. Therefore, HomeCo Daily Needs REIT's FCF Yield % for today is 6.47%.

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

ASX:HDN' s FCF Yield % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 7.89
Current: 6.47

During the past 2 years, the highest FCF Yield % of HomeCo Daily Needs REIT was 7.89%. The lowest was 0.00%. And the median was 0.00%.

ASX:HDN's FCF Yield % is ranked worse than
51.34% of 859 companies
in the REITs industry
Industry Median: 6.67 vs ASX:HDN: 6.47

HomeCo Daily Needs REIT's FCF Margin % for the quarter that ended in Dec. 2023 was 52.38%.

HomeCo Daily Needs REIT FCF Yield % Historical Data

The historical data trend for HomeCo Daily Needs REIT's FCF Yield % 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.

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HomeCo Daily Needs REIT FCF Yield % Chart

HomeCo Daily Needs REIT Annual Data
Trend Jun22 Jun23
FCF Yield %
5.46 6.90

HomeCo Daily Needs REIT Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
FCF Yield % 4.86 8.59 6.94 6.22 7.39

Competitive Comparison of HomeCo Daily Needs REIT's FCF Yield %

For the REIT - Retail subindustry, HomeCo Daily Needs REIT's FCF Yield %, along with its competitors' market caps and FCF Yield % 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 FCF Yield % Distribution in the REITs Industry

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

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


HomeCo Daily Needs REIT FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

HomeCo Daily Needs REIT's FCF Yield % for the fiscal year that ended in Jun. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=168.8 / 2447.7566
=6.90%

HomeCo Daily Needs REIT's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=93.6 * 2 / 2534.8672
=7.39%

* 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 FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.

HomeCo Daily Needs REIT FCF Yield % Related Terms

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HomeCo Daily Needs REIT (ASX:HDN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » HomeCo Daily Needs REIT (ASX:HDN) » Definitions » FCF Yield %
Comparable Companies
ASX:CQR ASX:DXC ASX:CDP ASX:RGN ASX:SCG SPG O ASX:VCX HKSE:00823 KIM REG SGX:C38U FRT NNN XPAR:LI XPAR:URW BRX ADC TSE:3462 SGX:N2IU
Traded in Other Exchanges
N/A
Address
1 Macquarie Place, Level 7, Gateway, Sydney, NSW, AUS, 2000
Website
https://www.home-co.com.au
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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