HomeCo Daily Needs REIT
ASX:HDN

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HomeCo Daily Needs REIT
ASX:HDN
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Price: 1.162 AUD 0.43% Market Closed
Market Cap: 2.4B AUD
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HomeCo Daily Needs REIT
Cash Equivalents

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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HomeCo Daily Needs REIT
Cash Equivalents Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Cash Equivalents CAGR 3Y CAGR 5Y CAGR 10Y
HomeCo Daily Needs REIT
ASX:HDN
Cash Equivalents
AU$12.4m
CAGR 3-Years
-63%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
S
Shopping Centres Australasia Property Group Re Ltd
ASX:SCP
Cash Equivalents
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Vicinity Centres
ASX:VCX
Cash Equivalents
AU$49.6m
CAGR 3-Years
2%
CAGR 5-Years
7%
CAGR 10-Years
-6%
Scentre Group
ASX:SCG
Cash Equivalents
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Home Consortium Ltd
ASX:HMC
Cash Equivalents
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
R
Region Re Ltd
ASX:RGN
Cash Equivalents
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

HomeCo Daily Needs REIT
Glance View

Market Cap
2.4B AUD
Industry
Real Estate

HomeCo Daily Needs REIT is an intriguing player in the Australian real estate investment trust landscape, specifically focused on necessity-based retail properties. Emerging from the larger Home Consortium group, the REIT has carved a niche by acquiring and managing shopping centers that emphasize daily needs and services. Their portfolio is strategically composed of assets like supermarkets, pharmacies, and healthcare facilities—businesses known for their resilience and consistent foot traffic even during economic downturns. The company's strategy pivots around the demand for everyday essentials, anchoring their investments in the stability these tenants provide, ensuring occupancy remains high and relatively steady. The company's revenue model hinges on leasing their spaces to a mix of prominent national retailers and smaller local businesses. Through these lease agreements, HomeCo Daily Needs REIT secures a stable income stream from rental payments. This focus on properties that meet everyday consumer needs allows them to capitalize on consistent demand. The reliability of these establishments ensures low vacancy rates, keeping cash flow consistent and enhancing investor confidence. Moreover, their emphasis on properties located in regions with strong population growth adds an additional layer of potential future value, aligning their business model with both current consumer behavior and anticipated demographic trends.

HDN Intrinsic Value
1.532 AUD
Undervaluation 24%
Intrinsic Value
Price

See Also

What is HomeCo Daily Needs REIT's Cash Equivalents?
Cash Equivalents
12.4m AUD

Based on the financial report for Jun 30, 2024, HomeCo Daily Needs REIT's Cash Equivalents amounts to 12.4m AUD.

What is HomeCo Daily Needs REIT's Cash Equivalents growth rate?
Cash Equivalents CAGR 3Y
-63%

Over the last year, the Cash Equivalents growth was -23%. The average annual Cash Equivalents growth rates for HomeCo Daily Needs REIT have been -63% over the past three years .

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