Home Consortium Ltd (AU:HMC)
ASX:HMC
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Home Consortium Ltd
(Sydney:HMC)
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Rating:57Neutral
Price Target:
AU$2.50
▼(-10.07% Downside)
Action:ReiteratedDate:03/24/26
The score is anchored by solid latest-year financial positioning (strong reported profitability and low leverage) but is held back by weak cash conversion/negative free cash flow and pronounced technical weakness with the stock below key moving averages and negative momentum. Valuation is mixed: a strong dividend yield helps, while the P/E is not especially low.
Positive Factors
Strong profitability & revenue rebound
The company reported materially improved margins and a strong revenue rebound, signalling underlying operational leverage and improved asset performance. Durable profitability provides capacity to invest in property upgrades, service debt, and support distributions if cash conversion stabilises over the medium term.
Negative Factors
Weak cash conversion / negative free cash flow
Negative free cash flow despite reported profits means earnings are not reliably converting into spendable cash. That constrains reinvestment, dividend sustainability and may force external financing or asset sales to fund capex or distributions, raising execution risk over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong profitability & revenue rebound
The company reported materially improved margins and a strong revenue rebound, signalling underlying operational leverage and improved asset performance. Durable profitability provides capacity to invest in property upgrades, service debt, and support distributions if cash conversion stabilises over the medium term.
Read all positive factors
Home Consortium Ltd (HMC) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$990.10M
Dividend Yield3.17%
Average Volume (3M)3.18M
Price to Earnings (P/E)24.0
Beta (1Y)1.49
Revenue Growth29.04%
EPS Growth-101.11%
CountryAU
Employees10,000
SectorReal Estate
Sector Strength53
IndustryReal Estate - Diversified
Share Statistics
EPS (TTM)0.07
Shares Outstanding412,615,720
10 Day Avg. Volume3,894,250
30 Day Avg. Volume3,177,961
Financial Highlights & Ratios
PEG Ratio0.15
Price to Book (P/B)1.23
Price to Sales (P/S)8.20
P/FCF Ratio-128.55
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$3.86Price Target Upside38.73% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
EPS Forecast (FY)0.3
Revenue Forecast (FY)AU$277.25M
Home Consortium Ltd Business Overview & Revenue Model
Company Description
Home Consortium Limited, together with its subsidiaries, owns and manages real estate focused funds in Australia. The company operates hyper-convenience retail centers. Its property portfolio consists of 53 shopping centers under the HomeCo brand ...
How the Company Makes Money
Home Consortium Ltd generates revenue through rental income from its owned and managed properties, including retail centers and commercial spaces leased to tenants. The company also earns income from property development, utilizing strategic partn...
Home Consortium Ltd Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
86
Very Positive
Cash Flow
52
Neutral
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 194.20M | 249.20M | 81.40M | 69.53M | 78.69M | 69.80M |
| Gross Profit | 193.20M | 234.20M | 81.10M | 44.56M | 64.34M | 46.37M |
| EBITDA | 67.50M | 91.90M | 147.70M | 19.04M | 42.99M | 4.49M |
| Net Income | -2.60M | 147.30M | 66.00M | 57.10M | 77.25M | -54.50M |
Balance Sheet | ||||||
| Total Assets | 3.45B | 2.18B | 1.79B | 1.34B | 912.95M | 982.41M |
| Cash, Cash Equivalents and Short-Term Investments | 574.80M | 665.30M | 247.30M | 115.67M | 57.55M | 11.69M |
| Total Debt | 540.50M | 138.10M | 202.00M | 89.98M | 4.34M | 255.24M |
| Total Liabilities | 1.64B | 299.20M | 281.00M | 144.42M | 66.95M | 271.43M |
| Stockholders Equity | 1.65B | 1.66B | 1.22B | 1.03B | 846.00M | 706.89M |
Cash Flow | ||||||
| Free Cash Flow | 11.20M | -15.90M | 69.60M | 34.06M | 15.19M | 25.78M |
| Operating Cash Flow | 26.80M | 31.00M | 69.60M | 34.06M | 18.53M | 25.78M |
| Investing Cash Flow | 9.50M | -98.40M | -161.70M | -254.03M | 319.50M | -154.21M |
| Financing Cash Flow | 43.00M | 1.70M | 298.70M | 211.19M | -292.17M | 110.55M |
Home Consortium Ltd Technical Analysis
Neutral
2.78
Price Trends
2.66
Negative
3.22
Negative
3.30
Negative
Market Momentum
-0.06
Negative
50.31
Neutral
37.58
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:HMC, the sentiment is Neutral. The current price of 2.78 is above the 20-day moving average (MA) of 2.36, above the 50-day MA of 2.66, and below the 200-day MA of 3.30, indicating a neutral trend. The MACD of -0.06 indicates Negative momentum. The RSI at 50.31 is Neutral, neither overbought nor oversold. The STOCH value of 37.58 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:HMC.
Home Consortium Ltd Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | AU$2.61B | 2.94 | 11.96% | 6.09% | 5.78% | 79.44% | |
70 Outperform | AU$1.66B | 5.41 | 8.46% | 1.81% | -2.09% | 133.93% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
57 Neutral | AU$990.10M | 24.03 | -0.16% | 3.17% | 29.04% | -101.11% | |
57 Neutral | AU$924.94M | 5.68 | 5.12% | 7.11% | 4.64% | ― | |
53 Neutral | AU$558.51M | 2.79 | 6.22% | 8.63% | 3.61% | ― | |
48 Neutral | AU$561.62M | 9.71 | -31.66% | ― | -46.34% | -474.61% |
* Real Estate Sector Average
AU:HMC
Home Consortium Ltd
2.46
-2.05
-45.39%
AU:COF
Centuria Office REIT
0.94
-0.16
-14.78%
AU:HDN
HomeCo Daily Needs REIT
1.24
0.09
7.73%
AU:INA
Ingenia Communities Group
4.03
-1.32
-24.72%
AU:LIC
Lifestyle Communities Ltd
4.72
-2.45
-34.17%
AU:ABG
Abacus Property Group
1.03
-0.03
-2.83%
Home Consortium Ltd Corporate Events
State Street Group Ceases to Be Substantial Holder in HMC Capital
Apr 21, 2026
State Street Corporation and various asset management subsidiaries have notified HMC Capital Limited that they have ceased to be substantial shareholders in the company as of 17 April 2026. The change indicates that State Street-affiliated entitie...
HMC Capital Flags Lapse of Nearly 193,000 Performance Rights
Apr 2, 2026
HMC Capital Limited has reported the lapse of 192,965 performance rights, which have ceased because their vesting conditions were not satisfied or became incapable of being met. The cessation, effective 19 March 2026, reduces the company’s p...
HMC Capital Showcases Victorian Big Battery to Investors
Mar 30, 2026
HMC Capital has released a presentation for attendees of a site visit to the Victorian Big Battery, highlighting its activities within the energy transition sector. The event underscores the firm’s growing engagement with large-scale energy ...
HMC Capital Group Exits Substantial Holding in Lifestyle Communities
Mar 12, 2026
HMC Capital Partners Holdings Pty Ltd and HMC Capital Limited, together with their related entities, have notified Lifestyle Communities Ltd that they have ceased to be a substantial shareholder in the company as of 12 March 2026. The notice indic...
HMC Capital Director Increases Shareholding Through Equity Fee Conversion
Feb 25, 2026
HMC Capital has disclosed a change in director Fiona Pak-Poy’s holdings following the exercise of equity rights linked to her board remuneration. Pak-Poy converted part of her rights to acquire fully paid ordinary shares in lieu of board fee...
HMC Capital Director Increases Stake via Equity Fee Plan
Feb 25, 2026
HMC Capital Limited has disclosed a change in director Christopher Roberts’ interests following the exercise of equity rights granted in lieu of board fees. Roberts acquired 8,560 fully paid ordinary shares through the company’s Non-Ex...
HMC Capital Director Increases Shareholding via Equity Fee Plan
Feb 25, 2026
HMC Capital has disclosed a change in director Susan Roberts’ holdings following the exercise of equity rights related to her board remuneration. Roberts converted 9,986 rights into fully paid ordinary shares at no cash consideration, increa...
HMC Capital Director Boosts Equity Stake via Board Fee Share Rights
Feb 25, 2026
HMC Capital director Kelly O’Dwyer has increased her total holding of fully paid ordinary shares through the exercise of rights granted under the company’s Non-Executive Director Equity Plan. The transaction involved converting rights ...
HMC Capital Director Increases Equity Stake via Board Fee Rights
Feb 25, 2026
HMC Capital has disclosed a change in director Gregory Hayes’ interests, with his direct holding increasing through the exercise of rights to acquire fully paid ordinary shares in lieu of board fees for the 2026 financial year. Following the...
HMC Capital Issues 62,771 New Shares on Conversion of Unquoted Securities
Feb 25, 2026
HMC Capital Limited has notified the market of the issue of 62,771 new ordinary fully paid shares, following the exercise or conversion of previously unquoted equity securities. The new shares were issued on 25 February 2026, modestly expanding th...
HMC Capital Declares A$0.06 Interim Dividend for December 2025 Half
Feb 23, 2026
HMC Capital Limited has declared a semi-annual dividend of A$0.06 per ordinary fully paid share for the six-month period ended 31 December 2025. The distribution underscores the company’s ongoing practice of returning cash to investors and m...
HMC Capital lifts recurring earnings, reaffirms FY26 profit target as platforms scale
Feb 23, 2026
HMC Capital reported strong growth in recurring funds management earnings for the half year to 31 December 2025, with management fees up 34% to $84.5 million and assets under management rising to $19.5 billion. The group declared a 6.0 cent interi...
HMC Capital Profit Slumps as Revenue Falls but Dividends and Associate Earnings Hold Up
Feb 23, 2026
HMC Capital Limited reported a sharp decline in performance for the half-year ended 31 December 2025, with revenue from ordinary activities falling 25% to $95.5 million and profit after tax attributable to owners dropping 90% to $17.0 million. Net...
HMC Capital Secures $603m KKR Partnership to Accelerate Energy Transition Platform
Feb 5, 2026
HMC Capital has entered a strategic partnership with KKR under which KKR-managed funds will invest up to $603 million in HMC’s Energy Transition Platform, providing preferred equity to back both existing 652MW operating assets and a 5.7GW pi...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.