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Home Consortium Ltd
(Sydney:HMC)
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Rating:62Neutral
Price Target:
AU$3.50
▲(19.45% Upside)
Action:Reiterated
Date:08/27/26
The score is primarily constrained by financial performance—most notably the FY2026 swing to a net loss and the meaningful increase in debt—despite a strong equity base and improved FY2026 free cash flow. Technical indicators are supportive with price above key moving averages and a positive MACD, but valuation is weaker due to the negative P/E, with only moderate support from the dividend yield.
Positive Factors
Strong Equity Capitalisation
The substantial equity base provides a meaningful capital buffer for a property developer, improving resilience against asset volatility and supporting the company’s ability to fund projects despite recent earnings pressure.
Negative Factors
Material Earnings Reversal
The sharp move from substantial profit to a material loss demonstrates high earnings volatility and reduces confidence in the predictability of returns, making future capital allocation and financial planning more difficult.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Equity Capitalisation
The substantial equity base provides a meaningful capital buffer for a property developer, improving resilience against asset volatility and supporting the company’s ability to fund projects despite recent earnings pressure.
Read all positive factors
Home Consortium Ltd (HMC) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$1.37B
Dividend Yield3.47%
Average Volume (3M)1.43M
Price to Earnings (P/E)―
Beta (1Y)1.60
Revenue Growth-27.01%
EPS Growth-131.24%
CountryAU
Employees86
SectorReal Estate
Sector Strength53
IndustryReal Estate - Development
Share Statistics
EPS (TTM)-0.12
Shares Outstanding412,615,720
10 Day Avg. Volume2,644,780
30 Day Avg. Volume1,432,320
Financial Highlights & Ratios
PEG Ratio0.19
Price to Book (P/B)0.79
Price to Sales (P/S)6.73
P/FCF Ratio50.20
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$3.79Price Target Upside29.27% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
EPS Forecast (FY)0.34
Revenue Forecast (FY)AU$250.33M
Home Consortium Ltd Business Overview & Revenue Model
Company Description
HMC Capital Limited, together with its subsidiaries, owns and manages real estate focused funds in Australia. The company invests in high-conviction global megatrends and scalable real assets on behalf of individuals, large institutions, and super...
Home Consortium Ltd Financial Statement Overview
Summary
Income Statement
54
Neutral
Balance Sheet
68
Positive
Cash Flow
61
Positive
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 181.90M | 249.20M | 81.40M | 69.53M | 78.69M |
| Gross Profit | 173.60M | 234.20M | 81.10M | 44.56M | 64.34M |
| EBITDA | -37.70M | 91.90M | 147.70M | 96.48M | 127.61M |
| Net Income | -49.10M | 147.30M | 66.00M | 57.10M | 77.25M |
Balance Sheet | |||||
| Total Assets | 1.99B | 2.18B | 1.79B | 1.34B | 912.95M |
| Cash, Cash Equivalents and Short-Term Investments | 176.20M | 665.30M | 247.30M | 115.67M | 57.55M |
| Total Debt | 307.80M | 138.10M | 202.00M | 89.98M | 34.62M |
| Total Liabilities | 443.30M | 299.20M | 281.00M | 144.42M | 66.95M |
| Stockholders Equity | 1.54B | 1.66B | 1.22B | 1.03B | 846.00M |
Cash Flow | |||||
| Free Cash Flow | 24.40M | -15.90M | 69.60M | 34.06M | 15.19M |
| Operating Cash Flow | 31.50M | 31.00M | 69.60M | 34.06M | 18.53M |
| Investing Cash Flow | -227.10M | -98.40M | -161.70M | -254.03M | 319.50M |
| Financing Cash Flow | 98.00M | 1.70M | 298.70M | 211.19M | -292.17M |
Home Consortium Ltd Technical Analysis
Positive
2.93
Price Trends
2.98
Positive
2.88
Positive
3.02
Positive
Market Momentum
0.10
Negative
63.01
Neutral
59.84
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:HMC, the sentiment is Positive. The current price of 2.93 is below the 20-day moving average (MA) of 3.09, below the 50-day MA of 2.98, and below the 200-day MA of 3.02, indicating a bullish trend. The MACD of 0.10 indicates Negative momentum. The RSI at 63.01 is Neutral, neither overbought nor oversold. The STOCH value of 59.84 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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$1.17B | 7.87 | 6.89% | 3.73% | 12.66% | 37.03% | |
72 Outperform | AU$187.76M | 9.13 | 7.92% | 8.09% | -29.40% | 40.91% | |
71 Outperform | AU$769.34M | 7.61 | 16.17% | 7.71% | 1.05% | 77.00% | |
71 Outperform | AU$575.28M | 8.49 | 12.22% | 5.95% | 7.87% | 33.77% | |
70 Outperform | AU$1.71B | 8.61 | 10.91% | 2.40% | 8.14% | 45.13% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
62 Neutral | AU$1.37B | -28.87 | -3.08% | 3.47% | -27.01% | -131.24% |
* Real Estate Sector Average
AU:HMC
Home Consortium Ltd
3.46
-0.02
-0.66%
AU:FRI
Finbar Group Limited
0.68
-0.06
-8.11%
AU:PPC
Peet Limited
1.68
0.11
7.28%
AU:UOS
United Overseas Australia Ltd
0.67
0.06
9.48%
AU:INA
Ingenia Communities Group
4.00
-1.39
-25.84%
AU:CWP
Cedar Woods Properties Limited
6.66
-0.48
-6.75%
Home Consortium Ltd Corporate Events
HMC Capital Director Increases Shareholding via Equity Fee Plan
Aug 27, 2026
HMC Capital Limited has disclosed a change in the interests of non-executive director Fiona Pak-Poy, who has increased her direct holding in the company’s fully paid ordinary shares. Her stake rose from 12,122 to 19,968 shares following the ...
HMC Capital Director Susan Roberts Increases Shareholding via Equity Plan
Aug 27, 2026
HMC Capital non-executive director Susan Roberts has increased her direct holding in the company following the exercise of rights granted under the Non-Executive Director Equity Plan. She converted 9,986 rights into fully paid ordinary shares in l...
HMC Capital Director Kelly O’Dwyer Increases Shareholding via Equity Plan
Aug 27, 2026
HMC Capital has disclosed a change in director Kelly O’Dwyer’s interests following the allocation of shares under the company’s Non-Executive Director Equity Plan. O’Dwyer exercised 10,700 rights to acquire fully paid ordin...
HMC Capital Director Boosts Shareholding via Equity Fee Plan
Aug 27, 2026
HMC Capital has disclosed a change in the equity holdings of non-executive director Christopher Roberts, following the exercise of rights granted in lieu of board fees. Roberts’ direct shareholding increased through the allocation of fully p...
HMC Capital Issues New Shares on Conversion of Unquoted Securities
Aug 27, 2026
HMC Capital Limited has issued 68,472 new ordinary fully paid shares following the exercise or conversion of previously unquoted options or other convertible securities. The issuance, notified to the ASX on August 27, 2026, modestly increases the ...
HMC Capital Declares AUD 0.06 Semi-Annual Dividend for June 2026 Period
Aug 25, 2026
HMC Capital Limited, an Australian financial services company listed on the ASX under ticker HMC, manages capital and provides investment exposure through its ordinary fully paid shares. The firm’s business model includes returning value to ...
HMC Capital lodges 2026 corporate governance statement with ASX
Aug 25, 2026
HMC Capital Limited has lodged its corporate governance statement and a completed Appendix 4G with the ASX for the financial year ended 30 June 2026, confirming compliance with Listing Rules 4.7.3, 4.7.4 and 4.10.3. The statement, current as at 26...
HMC Capital Outlines FY26 Results and Strategic Outlook
Aug 25, 2026
HMC Capital has released a FY26 results presentation outlining its performance, strategy and outlook for the year. The briefing, led by Group Managing Director and CEO David Di Pilla alongside senior executives, signals a structured update on fund...
HMC Capital Hits FY26 Targets and Primes Platforms for FY27 Earnings Growth
Aug 25, 2026
HMC Capital reported pre-tax operating EPS of 40.4 cents for FY26, in line with guidance, supported by a 15% rise in fee‑generating assets under management to $16.9 billion and a 22% increase in recurring funds management revenue to $165.5 m...
HMC Capital swings to loss as portfolio reshaping hits FY26 results
Aug 25, 2026
HMC Capital Limited reported a sharp deterioration in its financial performance for the year to 30 June 2026, with revenue falling 20% to $188.2 million and a loss after tax of $49.1 million for owners, compared with a $147.3 million profit a year...
HMC Capital Sets August Timetable for 2026 Full-Year Results Across REIT Platform
Jul 14, 2026
HMC Capital and its affiliated listed vehicles HomeCo Daily Needs REIT, DigiCo Infrastructure REIT and HealthCo Healthcare Wellness REIT have announced the planned dates and times for releasing their full-year financial results for the year ended...
HMC Capital Issues 12,000 New Ordinary Shares After Security Conversion
Jul 3, 2026
HMC Capital Limited has issued 12,000 ordinary fully paid shares following the exercise or conversion of previously unquoted securities. The new shares, dated 30 June 2026 and notified to the ASX on 3 July 2026, modestly increase the company’...
HMC Capital Lapses 1.33 Million Performance Rights After Conditions Unmet
Jul 3, 2026
HMC Capital Limited has confirmed the lapse of 1,333,488 performance rights after the conditions attached to these securities were not met or became incapable of being satisfied. The cessation of these rights reduces the company’s potential ...
HMC Capital Seals $603m KKR Partnership for Illuma Energy
Jun 30, 2026
HMC Capital has completed financial close on its strategic partnership with funds managed by KKR for its Illuma Energy platform. Under the agreement, KKR-managed funds will invest up to $603 million, including $355 million at closing and a further...
HMC Capital Wins $1.35bn Institutional Mandates for Australian CRE Private Credit
Jun 28, 2026
HMC Capital has secured approximately $1.35 billion in new private credit mandates from two global institutional investors targeting the Australian commercial real estate lending market. The mandates launch with about A$375 million of seed loans a...
HMC Capital Wins Regulatory Nod for KKR-Backed Illuma Energy Partnership
Jun 25, 2026
HMC Capital has secured ACCC clearance and FIRB approval for its strategic energy partnership with KKR, paving the way for financial close around 30 June 2026 and a rebranding of its HMC Energy Platform as Illuma Energy. KKR-managed funds will inv...
HMC Capital Secures Federal-Backed Revenue Deal for Moorabool Battery Project
Jun 24, 2026
HMC Capital’s Energy Transition Platform has secured a key milestone for its Moorabool Battery Energy Storage System project in Victoria, part of its roughly 5.7GW development pipeline in renewables and storage. The 300MW four-hour VBB2 proj...
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.