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Home Consortium Ltd
(Sydney:HMC)
Home Consortium Ltd (HMC) vs. iShares MSCI Australia ETF (EWA)
Home Consortium Ltd Business Overview & Revenue Model
Home Consortium Ltd Financial Statement Overview
| 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
Home Consortium Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | AU$2.56B | 2.94 | 8.25% | 6.09% | 2.70% | 205.08% | |
70 Outperform | AU$1.70B | 5.41 | 8.46% | 1.81% | 6.96% | 815.99% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
60 Neutral | AU$998.35M | 24.03 | -0.16% | 3.17% | 206.14% | 101.96% | |
57 Neutral | AU$916.00M | 5.68 | 1.70% | 7.11% | 4.69% | ― | |
53 Neutral | AU$606.30M | 2.79 | -1.91% | 8.63% | -4.50% | 88.28% | |
48 Neutral | AU$561.62M | 9.71 | -26.73% | ― | -38.91% | -453.73% |
Home Consortium Ltd Corporate Events
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 fees for the 2026 financial year under the company’s Non-Executive Director Equity Plan, increasing her direct shareholding while reducing her outstanding rights balance.
After the transaction on 25 February 2026, Pak-Poy’s direct interest rose to 12,122 fully paid ordinary shares, alongside 7,846 remaining rights to acquire additional shares. The change reflects HMC Capital’s continued use of equity-based compensation for non-executive directors, aligning board incentives more closely with shareholder outcomes without involving any on-market trades or cash consideration.
The most recent analyst rating on (AU:HMC) stock is a Hold with a A$3.20 price target. To see the full list of analyst forecasts on Home Consortium Ltd stock, see the AU:HMC Stock Forecast page.
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-Executive Director Equity Plan, with no shares disposed in the process.
The transaction increases Roberts’ direct shareholding while his indirect interests through Romaxis Pty Ltd and Acemed Pty Ltd remain unchanged. The move reinforces equity-based remuneration for non-executive directors, further aligning board incentives with shareholder outcomes and signalling continued commitment to the company’s long-term performance.
The most recent analyst rating on (AU:HMC) stock is a Hold with a A$3.20 price target. To see the full list of analyst forecasts on Home Consortium Ltd stock, see the AU:HMC Stock Forecast page.
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, increasing her direct shareholding to 88,314 shares while her remaining rights balance decreased.
The transaction represents the first tranche of two under the Non-Executive Director Equity Plan, through which board fees for FY26 are partly taken in equity rather than cash. This move further aligns the director’s interests with those of shareholders but does not involve any on-market trading or change in contractual interests, signalling a routine governance and remuneration-related adjustment.
The most recent analyst rating on (AU:HMC) stock is a Hold with a A$3.20 price target. To see the full list of analyst forecasts on Home Consortium Ltd stock, see the AU:HMC Stock Forecast page.
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 to acquire shares in lieu of board fees for the 2026 financial year, resulting in a higher direct shareholding while indirect interests via the Jonkel Family Trust remain unchanged.
The change signals continued alignment of the director’s remuneration with shareholder outcomes by taking equity instead of cash board fees. This equity-based compensation structure reinforces governance practices that link board incentives to company performance, which may be viewed positively by investors focused on director ownership and long-term value creation.
The most recent analyst rating on (AU:HMC) stock is a Hold with a A$3.20 price target. To see the full list of analyst forecasts on Home Consortium Ltd stock, see the AU:HMC Stock Forecast page.
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 transaction, Hayes now holds a larger direct stake in HMC Capital while his indirect holdings via the Hayes Family superannuation structure remain unchanged, underscoring ongoing alignment of board remuneration with shareholder interests.
The adjustment arose from the first tranche of two under the Non-Executive Director Equity Plan, with 7,846 new shares acquired and no shares disposed. This move modestly increases director equity exposure and reinforces the company’s practice of compensating non-executive directors in part through equity, which can support long-term governance and shareholder value alignment.
The most recent analyst rating on (AU:HMC) stock is a Hold with a A$3.20 price target. To see the full list of analyst forecasts on Home Consortium Ltd stock, see the AU:HMC Stock Forecast page.
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 the company’s share base and reflecting the crystallisation of existing rights rather than a fresh capital raising.
The issuance arises from unquoted options or other convertible securities being converted into listed equity, transitioning previously contingent instruments into tradable shares on the ASX. This move slightly dilutes existing shareholders but also signals ongoing alignment of incentives for holders of those converted instruments and a continued maturation of the company’s capital structure.
The most recent analyst rating on (AU:HMC) stock is a Hold with a A$3.20 price target. To see the full list of analyst forecasts on Home Consortium Ltd stock, see the AU:HMC Stock Forecast page.
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 may be seen by shareholders as a sign of stable underlying earnings and capital management discipline.
The dividend will trade ex on 3 March 2026, with a record date of 4 March 2026 and payment scheduled for 9 April 2026. The timetable provides clarity for investors planning income and portfolio decisions, and signals continued engagement with capital markets through predictable shareholder distributions.
The most recent analyst rating on (AU:HMC) stock is a Buy with a A$3.50 price target. To see the full list of analyst forecasts on Home Consortium Ltd stock, see the AU:HMC Stock Forecast page.
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 interim dividend and reaffirmed its FY26 pre-tax operating EPS target of at least 40 cents per share, supported by $1.6 billion of net tangible assets and undrawn debt.
Operationally, the real estate platform expanded to $10.2 billion AUM and advanced over $1.0 billion of deployment opportunities, while private credit AUM grew 13% to $2.2 billion on strong inflows and a $4 billion deal pipeline. The energy transition business secured a $603 million strategic investment from KKR to scale a 5.7GW development pipeline, and digital infrastructure continued to build out data centre capacity and pursue initiatives aimed at narrowing the valuation discount of its listed vehicle.
Management highlighted that recurring earnings are now at their strongest level, even as lower non-recurring performance fees and mark-to-market movements weighed on the result. The company expects FY26 funds management EBITDA of about $85 million and investment income of at least $85 million, positioning the group for continued growth and potential value creation despite recent share price weakness.
The most recent analyst rating on (AU:HMC) stock is a Buy with a A$3.50 price target. To see the full list of analyst forecasts on Home Consortium Ltd stock, see the AU:HMC Stock Forecast page.
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 profit including non-controlling interests plunged 98% to $5.8 million, while net tangible assets per share slipped from $3.61 to $3.43, indicating some erosion in underlying balance sheet strength.
Despite the profit downturn, HMC Capital maintained shareholder returns, paying a 6.0 cent final dividend for the 2025 financial year and declaring a 6.0 cent interim dividend for the 2026 year, of which 1.0 cent is franked. The group continued to reshape its portfolio, acquiring 100% of Neoen’s Victorian portfolio, classified as held for sale, and benefitted from stronger contributions from its associates, with profits from stakes in its REITs and trusts rising to $27.2 million, underscoring the growing importance of its capital-light, partnership-driven model.
The most recent analyst rating on (AU:HMC) stock is a Buy with a A$3.50 price target. To see the full list of analyst forecasts on Home Consortium Ltd stock, see the AU:HMC Stock Forecast page.
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 pipeline of battery storage and wind projects. The deal, structured as a seven-year preferred equity instrument with no recourse to HMC, immediately delivers $355 million and up to a further $248 million to fund 90% of the equity needed for the first BESS project, enabling repayment of mezzanine and corporate debt, reducing HMC’s capital invested in the platform to about $200 million, and positioning the platform for material capacity growth while giving KKR a future minority equity stake and HMC ongoing fee income and balance-sheet flexibility.
The most recent analyst rating on (AU:HMC) stock is a Hold with a A$4.25 price target. To see the full list of analyst forecasts on Home Consortium Ltd stock, see the AU:HMC Stock Forecast page.
HMC Capital and its listed vehicles HomeCo Daily Needs REIT, DigiCo Infrastructure REIT and HealthCo Healthcare & Wellness REIT have announced the timetable for releasing their half-year financial results for the period to 31 December 2025, with separate dates set in February 2026 for each entity. The companies will host investor conference calls and webcasts, supported by pre-registration links and accompanying investor briefing presentations, signalling a coordinated investor relations effort that allows stakeholders to prepare for upcoming earnings disclosures and assess performance across the group’s diversified real asset and infrastructure platforms.
The most recent analyst rating on (AU:HMC) stock is a Buy with a A$5.00 price target. To see the full list of analyst forecasts on Home Consortium Ltd stock, see the AU:HMC Stock Forecast page.
HMC Capital Limited, an Australian investment and asset management firm, has updated the market on changes to its issued capital following the lapse of certain equity-related instruments. The company announced that 69,444 options, exercisable at $4.78 and due to expire on 30 September 2030, have ceased due to the non-satisfaction or incapability of satisfying the conditions attached to these rights as of 24 November 2025, slightly reducing potential future share dilution for existing shareholders and clarifying the structure of its outstanding securities.
The most recent analyst rating on (AU:HMC) stock is a Buy with a A$6.60 price target. To see the full list of analyst forecasts on Home Consortium Ltd stock, see the AU:HMC Stock Forecast page.
HMC Capital Limited has announced the cessation of 336,276 performance rights that lapsed on 10 December 2025 after the conditions attached to those rights were not met or became incapable of being satisfied. The lapse of these performance rights reduces the company’s potential future share issuance under its incentive arrangements, slightly limiting prospective equity dilution for existing shareholders and signalling that certain performance or service hurdles tied to this tranche were not achieved.
The most recent analyst rating on (AU:HMC) stock is a Buy with a A$6.60 price target. To see the full list of analyst forecasts on Home Consortium Ltd stock, see the AU:HMC Stock Forecast page.
HMC Capital Limited has notified the market of the planned issue of 200,000 unquoted options under its employee incentive scheme, with each option expiring on 30 September 2030 and exercisable at $4.78. The issuance, scheduled for 1 October 2025, is intended to form part of the company’s long-term remuneration and retention framework, further aligning employee interests with shareholders and signalling continued use of equity-based incentives to support its growth and capital management strategy.
The most recent analyst rating on (AU:HMC) stock is a Buy with a A$6.60 price target. To see the full list of analyst forecasts on Home Consortium Ltd stock, see the AU:HMC Stock Forecast page.
HMC Capital Limited has issued 120,493 new fully paid ordinary shares following the exercise or conversion of previously unquoted options or other convertible securities. The move modestly increases the company’s share base and reflects the crystallisation of equity incentives or conversion arrangements, which may slightly dilute existing shareholders while signalling ongoing participation by holders of unquoted securities in the listed equity of the business.
The most recent analyst rating on (AU:HMC) stock is a Buy with a A$6.60 price target. To see the full list of analyst forecasts on Home Consortium Ltd stock, see the AU:HMC Stock Forecast page.
HMC Capital Limited has disclosed the issue of 4,991,198 unquoted performance rights under its employee incentive scheme, with an issue date of 10 December 2025. The new grant of performance rights, which will not be quoted on the ASX, underscores the company’s continued use of equity-based remuneration to align staff incentives with shareholder interests and support the retention and motivation of key personnel.
The most recent analyst rating on (AU:HMC) stock is a Buy with a A$6.60 price target. To see the full list of analyst forecasts on Home Consortium Ltd stock, see the AU:HMC Stock Forecast page.
HMC Capital has welcomed the Victorian Planning Minister’s positive assessment of the 600 MW Kentbruck Wind Farm, a key asset within its Energy Transition platform that aligns with rising demand for clean power from consumer, industrial and emerging AI users. The project, now cleared to proceed following Victoria’s rigorous Environment Effects Statement process, will comprise up to 105 turbines capable of generating around 2,000 GWh of renewable energy annually—enough to power roughly 380,000 homes—while creating about 350 construction jobs and 14 ongoing roles, supporting the Portland aluminium smelter, and reinforcing HMC’s positioning in energy transition infrastructure ahead of an anticipated capital-partnering update in February 2026.
The most recent analyst rating on (AU:HMC) stock is a Buy with a A$4.50 price target. To see the full list of analyst forecasts on Home Consortium Ltd stock, see the AU:HMC Stock Forecast page.