HomeCo Daily Needs REIT (HDN) Stock Price, Fundamentals & Analysis

What HDN does

HomeCo Daily Needs REIT (ASX: HDN) is an Australian Real Estate Investment Trust listed on the ASX that invests in convenience-based assets across Neighbourhood Retail, Large Format Retail and Health & Services. The trust aims to provide unitholders with consistent and growing distributions. HomeCo Daily Needs REIT operates independently of Home Consortium Limited as of December 31, 2020. It is part of the ASX 200 and sits within the broader ASX stocks universe alongside peers such as Vicinity Centres (VCX), Goodman Group (GMG), Mirvac (MGR), Dexus (DXS), Charter Hall Long WALE REIT (CLW), Charter Hall Retail REIT (CQR) and GPT Group (GPT).

Key numbers explained

• 1.06 AUD is the current share price, the amount you would pay for one unit of the trust on the ASX.
• -1.85% is today's price change, showing the percentage move relative to the previous close.
• 2.22B AUD is the market capitalisation, the total value of all outstanding shares at the current price.
• The trailing P/E ratio of 6.2 divides the current price by the last 12 months of earnings per share (0.17 AUD), a common way to gauge how the market values the trust relative to its recent earnings.
• The forward P/E ratio of 11.6 uses expected future earnings instead of past earnings, which can reflect growth expectations.
• The dividend yield of 8.11% shows the annual dividend as a percentage of the current price, a typical measure of income return for REITs.
• The ex-dividend date of Sep 29, 2026 is the cut-off: buyers on or after this date do not receive the next dividend.
• 50% of earnings are paid out as dividends, indicating the share of profit returned to unitholders.
• 0.76 is the beta, a measure of volatility relative to the broader market; values below 1 suggest lower sensitivity to market swings.
• 0.68 is the price-to-book ratio, comparing the market price to the trust's book value per share.

What to watch

• Revenue growth of 43% year over year and a profitMargin of 87.6% show strong top-line expansion and high profitability, which can influence distribution capacity.
• OperatingMargin of 70.8% and returnOnEquity of 11.4% highlight how efficiently the trust converts revenue and equity into earnings.
• Debt-to-equity of 58% indicates the level of leverage, a factor that can affect financial resilience in changing rate environments.
• The 52-week range of 1.05 – 1.42 AUD and the -21.8% price change over the past year provide context for recent volatility and longer-term price trends.
• The nextEarningsDate of Aug 13, 2026 is a key calendar event that can drive price movement as new financial results are released.