HMC Capital (ASX:HMC) - Stock Price, News & Analysis

HMC Stock Overview

HMC Capital Limited, together with its subsidiaries, owns and manages real estate focused funds in Australia.

HMC fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	4/6
Past Performance	4/6
Financial Health	4/6
Dividends	1/6

Rewards

Trading at 25.4% below our estimate of its fair value

Earnings are forecast to grow 14.58% per year

Earnings grew by 13.2% over the past year

Risk Analysis

Shareholders have been diluted in the past year

HMC Capital Limited Competitors

Vicinity Centres

ASX:VCX

AU$8.9b

Scentre Group

ASX:SCG

AU$16.4b

Ingenia Communities Group

ASX:INA

AU$1.9b

Arena REIT

ASX:ARF

AU$1.3b

Price History & Performance

Summary of all time highs, changes and price drops for HMC Capital
Historical stock prices
Current Share Price	AU$6.26
52 Week High	AU$7.35
52 Week Low	AU$3.85
Beta	1.32
1 Month Change	-13.06%
3 Month Change	7.01%
1 Year Change	58.88%
3 Year Change	23.47%
5 Year Change	n/a
Change since IPO	66.93%

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

Shareholder Returns

	HMC	AU Retail REITs	AU Market
7D	1.3%	2.8%	0.9%
1Y	58.9%	3.4%	5.6%

Return vs Industry: HMC exceeded the Australian Retail REITs industry which returned 3.4% over the past year.

Return vs Market: HMC exceeded the Australian Market which returned 5.6% over the past year.

Price Volatility

Is HMC's price volatile compared to industry and market?
HMC volatility
HMC Average Weekly Movement	4.5%
Retail REITs Industry Average Movement	3.2%
Market Average Movement	8.9%
10% most volatile stocks in AU Market	17.6%
10% least volatile stocks in AU Market	3.5%

Stable Share Price: HMC has not had significant price volatility in the past 3 months.

Volatility Over Time: HMC's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2009	n/a	David Di Pilla	www.hmccapital.com.au

HMC Capital Limited, together with its subsidiaries, owns and manages real estate focused funds in Australia. It invests in high conviction and scalable real asset on behalf of individuals, large institutions, and super funds. The company was formerly known as Home Consortium Limited.

HMC Capital Limited Fundamentals Summary

How do HMC Capital's earnings and revenue compare to its market cap?
HMC fundamental statistics
Market cap	AU$2.18b
Earnings (TTM)	AU$55.15m
Revenue (TTM)	AU$82.13m

39.6x

P/E Ratio

26.6x

P/S Ratio

Is HMC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HMC income statement (TTM)
Revenue	AU$82.13m
Cost of Revenue	AU$24.97m
Gross Profit	AU$57.16m
Other Expenses	AU$2.01m
Earnings	AU$55.15m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.16
Gross Margin	69.60%
Net Profit Margin	67.15%
Debt/Equity Ratio	11.1%

How did HMC perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

47%

Payout Ratio

HMC Stock Overview

Rewards

Risk Analysis

HMC Capital Limited Competitors

ASX:VCX

AU$8.9b

ASX:SCG

AU$16.4b

ASX:INA

AU$1.9b

ASX:ARF

AU$1.3b

Price History & Performance

Recent News & 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

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