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Home Consortium Ltd (HMC) AI Stock Analysis

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AU:HMC

Home Consortium Ltd

(ASX:HMC)

Select Model
Rating:62Neutral
Price Target:AUD 3.00â–²(0.00% 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 BaseThe substantial equity base provides a meaningful capital cushion for a property developer and improves resilience against asset-value pressure. It also supports continued investment capacity and gives the company more flexibility to manage periods of weaker earnings without relying entirely on additional borrowing.
Negative Factors
FY2026 Net LossThe sharp move from strong reported profit to a material net loss demonstrates substantial earnings volatility and reduces confidence in near-term profit predictability. If this weakness persists, it could constrain internal funding, weaken returns on equity, and make capital allocation more difficult.

Home Consortium Ltd (HMC) vs. iShares MSCI Australia ETF (EWA)

-40%-30%-20%-10%0%10%20%30%40%AU:HMC-3.51%EWA+13.51%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
AUD 1.24B
Dividend Yield
2.00%
Average Volume (3M)
1.33M
Price to Earnings (P/E)
-25.3
Beta (1Y)
1.74
Revenue Growth
-27.01%
EPS Growth
-131.24%
Country
Australia
Employees
86
Sector
Real Estate
Sector Strength
65
Industry
Real Estate - Development

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 fu...

Home Consortium Ltd Financial Statement Overview

Summary

Financial profile is mixed. FY2026 saw a sharp swing to a net loss (-49.1M) after strong profits in FY2024–FY2025, indicating elevated earnings volatility. Balance sheet remains supported by a large equity base (1.54B equity vs. 1.99B assets), but risk increased as total debt rose to 307.8M in FY2026. Cash flow is steadier than earnings (operating cash flow ~31M in both FY2025–FY2026) with a rebound in FY2026 free cash flow (24.4M), partially offsetting the weaker profitability.

Income Statement

54Neutral

Balance Sheet

68Positive

Cash Flow

61Positive
Financial statement breakdown
BreakdownTTMJun 2026Jun 2025Jun 2024Jun 2023Jun 2022
Income Statement
Total Revenue181.90M181.90M249.20M81.40M69.53M78.69M
Gross Profit180.10M173.60M234.20M81.10M44.56M64.34M
EBITDA-44.20M-37.70M91.90M147.70M96.48M127.61M
Net Income-49.10M-49.10M147.30M66.00M57.10M77.25M
Balance Sheet
Total Assets1.99B1.99B2.18B1.79B1.34B912.95M
Cash, Cash Equivalents and Short-Term Investments176.20M176.20M665.30M247.30M115.67M57.55M
Total Debt307.80M307.80M138.10M202.00M89.98M34.62M
Total Liabilities443.30M443.30M299.20M281.00M144.42M66.95M
Stockholders Equity1.54B1.54B1.66B1.22B1.03B846.00M
Cash Flow
Free Cash Flow24.40M24.40M-15.90M69.60M34.06M15.19M
Operating Cash Flow31.50M31.50M31.00M69.60M34.06M18.53M
Investing Cash Flow-227.10M-227.10M-98.40M-161.70M-254.03M319.50M
Financing Cash Flow98.00M98.00M1.70M298.70M211.19M-292.17M

Home Consortium Ltd Technical Analysis

Technical Analysis SentimentPositive
Last Price3.00

Price Trends

50DMA3.04Negative
100DMA2.98Positive
200DMA2.90Positive

Market Momentum

MACD-0.04Negative
RSI56.65Neutral
STOCH89.37Negative

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 3.00 is above the 20-day moving average (MA) of 2.84, below the 50-day MA of 3.04, and above the 200-day MA of 2.90, indicating a neutral trend. The MACD of -0.04 indicates Negative momentum. The RSI at 56.65 is Neutral, neither overbought nor oversold. The STOCH value of 89.37 is Negative, 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

Overall Rating

UnderperformOutperform
Sector (65)

Financial Indicators

AU:HMC against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
AU:INAAU:INA78OutperformAUD 2.16B11.5410.91%1.73%8.14%45.13%
AU:CWPAU:CWP75OutperformAUD 524.85M7.8712.22%6.35%7.87%33.77%
AU:PPCAU:PPC71OutperformAUD 668.17M6.4516.17%9.13%1.05%77.00%
AU:UOSAU:UOS71OutperformAUD 1.08B7.236.89%3.94%12.66%37.03%
Sector *65Neutral$2.17B12.193.79%4.94%3.15%1.96%
AU:FRIAU:FRI65NeutralAUD 193.21M9.537.92%7.75%-29.40%40.91%
AU:HMCAU:HMC62NeutralAUD 1.24B-25.25-3.08%2.00%-27.01%-131.24%

* Real Estate Sector Average

Performance Comparison

-20%0%20%AU:HMCAU:FRIAU:PPCAU:UOSAU:INAAU:CWPDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
AU:HMC and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
AU:HMCHome Consortium Ltd3.00-0.12-3.82%
AU:FRIFinbar Group Limited0.71-0.09-11.36%
AU:PPCPeet Limited1.42-0.33-18.72%
AU:UOSUnited Overseas Australia Ltd0.61-0.02-3.15%
AU:INAIngenia Communities Group5.31-0.18-3.31%
AU:CWPCedar Woods Properties Limited6.14-2.13-25.79%

Home Consortium Ltd Corporate Events

HMC Capital Reports Lapse of 821,471 Performance Rights

Oct 9, 2026

HMC Capital Limited has reported the lapse of 821,471 performance rights, following the failure or incapacity of the conditions attached to those rights to be satisfied by 17 September 2026. The cessation of these conditional securities slightly redu...

HMC Capital Converts Unquoted Securities Into 720,063 New Shares

Oct 9, 2026

HMC Capital Limited has notified the market of the issue of 720,063 ordinary fully paid shares arising from the conversion of previously unquoted options or other unquoted convertible securities. The new shares, dated 23 September 2026, reflect ongoi...

HMC Capital Issues New Shares on Conversion of Unquoted Securities

Sep 23, 2026

HMC Capital Limited has notified the market of the issue of 48,647 ordinary fully paid shares following the conversion or exercise of previously unquoted securities. The new shares were issued on 23 September 2026, signalling a modest expansion of th...

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 acq...

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 lieu...

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 ordinary...

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 paid...

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 com...

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 sha...

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 Au...

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 funds m...

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 mill...

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 ea...

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.

Date of analysis: Aug 27, 2026