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Home ConsortiumASX:HMC Stock Report

Market Cap







18 Oct, 2021


Company Financials +
HMC fundamental analysis
Snowflake Score
Future Growth4/6
Past Performance0/6
Financial Health5/6

HMC Overview

Home Consortium Limited, together with its subsidiaries, owns, develops, and manages real estate property portfolio in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Home Consortium
Historical stock prices
Current Share PriceAU$7.68
52 Week HighAU$3.51
52 Week LowAU$8.48
1 Month Change-1.41%
3 Month Change43.55%
1 Year Change116.34%
3 Year Changen/a
5 Year Changen/a
Change since IPO104.80%

Recent News & Updates

Shareholder Returns


Return vs Industry: HMC exceeded the Australian REITs industry which returned 20.9% over the past year.

Return vs Market: HMC exceeded the Australian Market which returned 20.2% over the past year.

Price Volatility

Is HMC's price volatile compared to industry and market?
HMC volatility
HMC Beta1.14
Industry Beta0.86
Market Beta1

Stable Share Price: HMC is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: HMC's weekly volatility (5%) has been stable over the past year.

About the Company

2009n/aDavid Di Pilla

Home Consortium Limited, together with its subsidiaries, owns, develops, and manages real estate property portfolio in Australia. The company operates hyper-convenience retail centers. Its property portfolio consists of 35 centers in 5 states under the HomeCo brand name.

Home Consortium Fundamentals Summary

How do Home Consortium's earnings and revenue compare to its market cap?
HMC fundamental statistics
Market CapAU$2.18b
Earnings (TTM)-AU$99.87m
Revenue (TTM)AU$78.74m


P/S Ratio


P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
HMC income statement (TTM)
Cost of RevenueAU$23.43m
Gross ProfitAU$55.31m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date


Earnings per share (EPS)-0.34
Gross Margin70.24%
Net Profit Margin-126.84%
Debt/Equity Ratio35.9%

How did HMC perform over the long term?

See historical performance and comparison



Current Dividend Yield


Payout Ratio


Is Home Consortium undervalued compared to its fair value and its price relative to the market?


Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: HMC (A$7.68) is trading below our estimate of fair value (A$11.13)

Significantly Below Fair Value: HMC is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: HMC is unprofitable, so we can't compare its PE Ratio to the Australian REITs industry average.

PE vs Market: HMC is unprofitable, so we can't compare its PE Ratio to the Australian market.

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate HMC's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: HMC is overvalued based on its PB Ratio (3.2x) compared to the AU REITs industry average (1.1x).

Future Growth

How is Home Consortium forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?


Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: HMC is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).

Earnings vs Market: HMC is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: HMC's is expected to become profitable in the next 3 years.

Revenue vs Market: HMC's revenue (7% per year) is forecast to grow faster than the Australian market (5.5% per year).

High Growth Revenue: HMC's revenue (7% per year) is forecast to grow slower 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 (8.2%).

Past Performance

How has Home Consortium performed over the past 5 years?


Last years earnings growth

Earnings and Revenue History

Quality Earnings: HMC is currently unprofitable.

Growing Profit Margin: HMC is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if HMC's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare HMC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: HMC is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (106.4%).

Return on Equity

High ROE: HMC has a negative Return on Equity (-13.47%), as it is currently unprofitable.

Financial Health

How is Home Consortium's financial position?

Financial Position Analysis

Short Term Liabilities: HMC's short term assets (A$510.0M) exceed its short term liabilities (A$16.4M).

Long Term Liabilities: HMC's short term assets (A$510.0M) exceed its long term liabilities (A$255.0M).

Debt to Equity History and Analysis

Debt Level: HMC's debt to equity ratio (35.9%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if HMC's debt to equity ratio has reduced over the past 5 years.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable HMC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: HMC is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 144.6% per year.


What is Home Consortium current dividend yield, its reliability and sustainability?


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: HMC's dividend (1.56%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.27%).

High Dividend: HMC's dividend (1.56%) is low compared to the top 25% of dividend payers in the Australian market (5.32%).

Stability and Growth of Payments

Stable Dividend: HMC has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: HMC's dividend payments have increased, but the company has only paid a dividend for 2 years.

Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (102.6%), HMC's dividend payments are not well covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: HMC's dividends in 3 years are forecast to be covered by earnings (53.3% payout ratio).

Next Steps


How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


David Di Pilla

no data




Mr. David Di Pilla serves as the Chief Executive Officer of Home Consortium and Managing Director since January 1, 2021. Mr. Di Pilla serves as a Director of Home Consortium since October 11, 2017. He serv...

CEO Compensation Analysis

Compensation vs Market: David's total compensation ($USD715.83K) is below average for companies of similar size in the Australian market ($USD1.41M).

Compensation vs Earnings: David's compensation has increased whilst the company is unprofitable.

Leadership Team

Experienced Management: HMC's management team is considered experienced (2 years average tenure).

Board Members

Experienced Board: HMC's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: HMC insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 12.8%.

Top Shareholders

Company Information

Home Consortium Limited's employee growth, exchange listings and data sources

Key Information

  • Name: Home Consortium Limited
  • Ticker: HMC
  • Exchange: ASX
  • Founded: 2009
  • Industry: Retail REITs
  • Sector: Real Estate
  • Market Cap: AU$2.177b
  • Shares outstanding: 290.27m
  • Website:


  • Home Consortium Limited
  • 19 Bay Street
  • Double Bay
  • New South Wales
  • 2028
  • Australia


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 07:04
End of Day Share Price2021/10/18 00:00
Annual Earnings2021/06/30

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.