HMC Capital Future Growth

Future criteria checks 4/6

HMC Capital is forecast to grow earnings and revenue by 14.6% and 20.5% per annum respectively. EPS is expected to grow by 11.5% per annum. Return on equity is forecast to be 10.1% in 3 years.

Key information

14.6%

Earnings growth rate

11.5%

EPS growth rate

Retail REITs earnings growth	24.2%
Revenue growth rate	20.5%
Future return on equity	10.1%
Analyst coverage	Good
Last updated	15 Apr 2024

Recent future growth updates

Recent updates

What You Need To Know About The Home Consortium Limited (ASX:HMC) Analyst Downgrade Today

Dec 28

Home Consortium Limited (ASX:HMC) On The Verge Of Breaking Even

May 05

Analysts Expect Home Consortium Limited (ASX:HMC) To Breakeven Soon

Dec 31

Could The Home Consortium Limited (ASX:HMC) Ownership Structure Tell Us Something Useful?

Nov 26

Earnings and Revenue Growth Forecasts

ASX:HMC - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2026	203	111	117	115	5
6/30/2025	182	100	108	104	5
6/30/2024	168	93	88	80	5
12/31/2023	82	55	16	16	N/A
9/30/2023	85	56	8	8	N/A
6/30/2023	87	57	0	0	N/A
3/31/2023	110	53	-3	-3	N/A
12/31/2022	132	49	-6	-6	N/A
9/30/2022	149	63	-2	-2	N/A
6/30/2022	167	77	2	2	N/A
3/31/2022	146	35	6	6	N/A
12/31/2021	125	-7	11	11	N/A
9/30/2021	102	-53	17	17	N/A
6/30/2021	79	-100	23	23	N/A
3/31/2021	72	-68	18	18	N/A
12/31/2020	66	-36	13	13	N/A
9/30/2020	64	-15	-5	-5	N/A
6/30/2020	62	6	-23	-23	N/A
3/31/2020	60	-8	-40	-40	N/A
12/31/2019	57	-21	-57	-57	N/A
9/30/2019	53	-22	-54	-54	N/A
6/30/2019	49	-23	-50	-50	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: HMC's forecast earnings growth (14.6% per year) is above the savings rate (2.2%).

Earnings vs Market: HMC's earnings (14.6% per year) are forecast to grow faster than the Australian market (13.4% per year).

High Growth Earnings: HMC's earnings are forecast to grow, but not significantly.

Revenue vs Market: HMC's revenue (20.5% per year) is forecast to grow faster than the Australian market (4.7% per year).

High Growth Revenue: HMC's revenue (20.5% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: HMC's Return on Equity is forecast to be low in 3 years time (10.1%).

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HMC Capital Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Price target increased by 8.0% to AU$6.13

Consensus EPS estimates increase by 26%

Price target increased by 7.7% to AU$5.26

Consensus EPS estimates fall by 19%

Price target increased to AU$6.90

Price target increased to AU$5.85

Recent updates

Now 20% undervalued

First half 2024 earnings released: FFO per share: AU$0.2 (vs AU$0.084 in 1H 2023)

Price target increased by 8.0% to AU$6.13

Consensus EPS estimates increase by 26%

Now 21% overvalued after recent price rise

HMC Capital Limited to Report First Half, 2024 Results on Feb 20, 2024

Investor sentiment improves as stock rises 18%

Insufficient new directors

Now 20% undervalued after recent price drop

HMC Capital Limited (ASX:HMC) and HealthCo Healthcare and Wellness REIT (ASX:HCW) completed the acquisition of Healthscope Portfolio from Medical Properties Trust, Inc. (NYSE:MPW).

HMC Capital Limited, Annual General Meeting, Nov 15, 2023

Now 20% undervalued

Price target increased by 7.7% to AU$5.26

HMC Capital Limited Announces Ordinary Dividend for the Six Months Ended June 30, 2023, Payable on October 4, 2023

Full year 2023 earnings released: EPS: AU$0.18 (vs AU$0.26 in FY 2022)

HMC Capital Limited to Report Fiscal Year 2023 Results on Aug 23, 2023

Independent Non-Executive Director recently bought AU$250k worth of stock

Consensus EPS estimates fall by 19%

First half 2023 earnings released: FFO per share: AU$0.08 (vs AU$0.10 in 1H 2022)

Now 21% undervalued

HMC Capital Limited to Report First Half, 2023 Results on Feb 23, 2023

Home Consortium Limited Announces Board Changes

Insufficient new directors

Home Consortium Limited, Annual General Meeting, Nov 23, 2022

Full year 2022 earnings: EPS and revenues miss analyst expectations

Home Consortium Limited Announces Ordinary Dividend for the Six Months Ended June 30, 2022, Payable on October 7, 2022

Home Consortium Limited to Report Fiscal Year 2022 Results on Aug 24, 2022

Home Consortium Limited's wholly owned subsidiary HMC Investment Management Limited Launches HMC Capital Partners Fund 1

High number of new and inexperienced directors

First half 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Home Consortium Limited Announces Dividend for the Six Months Ended December 31, 2021, Payable on April 7, 2022

Home Consortium Limited (ASX:HMC) agreed to acquire Aventus Group (ASX:AVN).

Home Consortium Limited to Report First Half, 2022 Results on Feb 24, 2022

Now 20% undervalued after recent price drop

MD, CEO & Director recently bought AU$501k worth of stock

What You Need To Know About The Home Consortium Limited (ASX:HMC) Analyst Downgrade Today

Key Executive recently bought AU$151k worth of stock

Price target increased to AU$6.90

Independent Non-Executive Director recently bought AU$125k worth of stock

Price target increased to AU$5.85

Full year 2021 earnings released

Price target increased to AU$4.97

Home Consortium Limited (ASX:HMC) acquired portfolio of 8 private oncology assets from Genesis Care Pty Ltd for approximately AUD 110 million.

Forecast breakeven pushed back to 2022

Home Consortium Limited (ASX:HMC) entered into an agreement to acquire Five Dock (Childcare), NSW for AUD 13.1 million.

Home Consortium Limited Reaffirms FFO Guidance for the Fiscal Year 2021

Home Consortium Limited (ASX:HMC) On The Verge Of Breaking Even

Revenue beats expectations, earnings disappoint

First half 2021 earnings released: FFO AU$0.082 per share (vs AU$0.075 loss in 1H 2020)

New 90-day low: AU$3.73

Home Consortium Limited to Report First Half, 2021 Results on Feb 24, 2021

New 90-day high: AU$4.24

Analysts Expect Home Consortium Limited (ASX:HMC) To Breakeven Soon

Home Consortium Limited (ASX:HMC) agreed to acquire Portfolio of 6 health, education and Government services properties for approximately AUD 130 million.

Could The Home Consortium Limited (ASX:HMC) Ownership Structure Tell Us Something Useful?

Home Consortium Limited Elects Kelly Odwyer as Director

New 90-day high: AU$3.98

New 90-day high: AU$3.85

Christopher Saxon to Assume the Role of Independent Chairman of Home Consortium Limited from 1 January 2021

New 90-day high: AU$3.45

Home Consortium Limited (ASX:HMC) signed binding contract to acquire Glenmore Park Town Centre in Australia for AUD 150 million.

Home Consortium Limited Announces Executive Appointments

New 90-day high: AU$3.23

Home Consortium Limited (ASX:HMC) completed the acquisition of 100% freehold interest in Prestons Place and Rosenthal Shopping Centre and 87.4% freehold interest in Vincentia Marketplace from Woolworths Group Limited (ASX:WOW).

Home Consortium Limited has completed a Follow-on Equity Offering in the amount of AUD 10.6408 million.

Home Consortium Limited to Report Fiscal Year 2020 Results on Aug 26, 2020

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts