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HomeCo Daily Needs REIT (ASX:HDN) Enterprise Value : A$4,098.7 Mil (As of Jun. 12, 2024)


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What is HomeCo Daily Needs REIT Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, HomeCo Daily Needs REIT's Enterprise Value is A$4,098.7 Mil. HomeCo Daily Needs REIT's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$66.2 Mil. Therefore, HomeCo Daily Needs REIT's EV-to-EBIT ratio for today is 61.91.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, HomeCo Daily Needs REIT's Enterprise Value is A$4,098.7 Mil. HomeCo Daily Needs REIT's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was A$66.2 Mil. Therefore, HomeCo Daily Needs REIT's EV-to-EBITDA ratio for today is 61.91.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, HomeCo Daily Needs REIT's Enterprise Value is A$4,098.7 Mil. HomeCo Daily Needs REIT's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was A$359.5 Mil. Therefore, HomeCo Daily Needs REIT's EV-to-Revenue ratio for today is 11.40.


HomeCo Daily Needs REIT Enterprise Value Historical Data

The historical data trend for HomeCo Daily Needs REIT's Enterprise Value 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.

* Premium members only.

HomeCo Daily Needs REIT Enterprise Value Chart

HomeCo Daily Needs REIT Annual Data
Trend Jun22 Jun23
Enterprise Value
4,224.98 4,075.06

HomeCo Daily Needs REIT Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Enterprise Value 1,978.45 4,224.98 4,169.28 4,075.06 4,147.67

Competitive Comparison of HomeCo Daily Needs REIT's Enterprise Value

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

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

* The bar in red indicates where HomeCo Daily Needs REIT's Enterprise Value falls into.



HomeCo Daily Needs REIT Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

HomeCo Daily Needs REIT's Enterprise Value for the fiscal year that ended in Jun. 2023 is calculated as

HomeCo Daily Needs REIT's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* 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  (ASX:HDN) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

HomeCo Daily Needs REIT's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4098.652/66.2
=61.91

HomeCo Daily Needs REIT's current Enterprise Value is A$4,098.7 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. HomeCo Daily Needs REIT's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$66.2 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

HomeCo Daily Needs REIT's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=4098.652/66.2
=61.91

HomeCo Daily Needs REIT's current Enterprise Value is A$4,098.7 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. HomeCo Daily Needs REIT's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was A$66.2 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

HomeCo Daily Needs REIT's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=4098.652/359.5
=11.40

HomeCo Daily Needs REIT's current Enterprise Value is A$4,098.7 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. HomeCo Daily Needs REIT's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was A$359.5 Mil.

* 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 Enterprise Value Related Terms

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HomeCo Daily Needs REIT (ASX:HDN) Business Description

Traded in Other Exchanges
N/A
Address
1 Macquarie Place, Level 7, Gateway, Sydney, NSW, AUS, 2000
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.

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