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HomeCo Daily Needs REIT

HDN.AXReal EstateASX

REIT - Retail · Last scanned May 29, 2026

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Financials · Annual
Revenue
$364.7M
+2.6% YoY
Net Income
$250.3M
+205.2% YoY
EBITDA
$331.7M
+117.5% YoY
Free Cash Flow
$170.1M

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About HomeCo Daily Needs REIT

HomeCo Daily Needs REIT is an Australian Real Estate Investment Trust listed on the ASX with a mandate to invest in convenience-based assets across the target sub-sectors of Neighbourhood Retail,. The $2.61B market capitalization puts HDN.AX squarely in mid-cap range for its industry.

Key stats
Market Cap$2.61B
P/E (TTM)6.94
Fwd P/E13.78
EPS$0.18
Beta0.80
52W Change-2.8%
Dividend Yield6.94%
ROE12.1%
Analysis

HomeCo Daily Needs REIT carries $1.84B in total debt against $29.4M in cash reserves — debt is roughly 62.5x the cash position. Managing this leverage effectively will be important for long-term financial stability. Annual free cash flow of $170.1M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. ROE of 12.1% points to decent capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 2.8% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $198.3M (2022) to $364.7M (2025), reflecting a 84% increase over the period.

HomeCo Daily Needs REIT carries a heavier debt load relative to its cash position, which introduces financial risk that investors should weigh. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for HomeCo Daily Needs REIT and its sector.

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