HMC CAPITAL LIMITED (HMC)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

HMC

HMC - HMC CAPITAL LIMITED

FNArena Sector : Wealth Management & Investments
Year End: June
GICS Industry Group : Real Estate
Debt/EBITDA: 9.1
Index: ASX200 | ASX300 | ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$7.23

24 Mar
2025

-0.030

OPEN

$7.23

-0.41%

HIGH

$7.28

797,545

LOW

$7.14

TARGET
$11.382 57.4% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
AEF . AMP . ASX . AVC . BVS . CGF . CVW . DJW . ENN . GDC . GDG . GQG . HUB . IFL . IFT . IRE . KAM . KSL . MAF . MFG . MQG . NGI . NWL . PAC . PNI . PPS . PPT . PTM . QAL . RPL . RZI . WHF .
FNARENA'S MARKET CONSENSUS FORECASTS
HMC: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 18.9 54.1 xxx
DPS (cps) xxx 12.0 12.0 xxx
EPS Growth xxx - 3.0% 100.0% xxx
DPS Growth xxx 0.0% 0.0% xxx
PE Ratio xxx N/A 13.4 xxx
Dividend Yield xxx N/A 1.7% xxx
Div Pay Ratio(%) xxx 63.6% 22.2% xxx

Dividend yield today if purchased 3 years ago: 1.68%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 1.65

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 27/08 - ex-div 6c (franking 70%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 20202021202220232024
EPS Basic xxxxxxxxxxxx18.9
DPS All xxxxxxxxxxxx12.0
Sales/Revenue xxxxxxxxxxxx81.4 M
Book Value Per Share xxxxxxxxxxxx328.0
Net Operating Cash Flow xxxxxxxxxxxx69.6 M
Net Profit Margin xxxxxxxxxxxx81.08 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 20202021202220232024
Return on Capital Employed xxxxxxxxxxxx5.85 %
Return on Invested Capital xxxxxxxxxxxx5.84 %
Return on Assets xxxxxxxxxxxx4.21 %
Return on Equity xxxxxxxxxxxx5.85 %
Return on Total Capital xxxxxxxxxxxx1.34 %
Free Cash Flow ex dividends xxxxxxxxxxxx27.8 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 20202021202220232024
Short-Term Debt xxxxxxxxxxxx200 M
Long Term Debt xxxxxxxxxxxx2 M
Total Debt xxxxxxxxxxxx202 M
Goodwill - Gross xxxxxxxxxxxx49 M
Cash & Equivalents - Generic xxxxxxxxxxxx255 M
Price To Book Value xxxxxxxxxxxx2.20

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 20202021202220232024
Capex xxxxxxxxxxxx0.0 M
Capex % of Sales xxxxxxxxxxxx0.00 %
Cost of Goods Sold xxxxxxxxxxxx-
Selling, General & Admin. Exp & Other xxxxxxxxxxxx59 M
Research & Development xxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxx733 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.6

No. Of Recommendations

5
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Morgans

xx/xx/xxxx

1

xxxxxxx xx xxx xxxx xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Bell Potter

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Morgan Stanley

19/02/2025

3

Equal-weight

$11.96

65.42%

Morgan Stanley has become slightly more positive on HMC Capital since the first half results, partially driven by the conviction on near-term inflows and the progress on new funds in real estate.

Both new and existing institutional partners could provide $2-4 bn in capital over the next 12 months across new property, energy transition and digital funds.

The broker retains an Equal-weight rating, $11.96 target and the industry view is In-Line.

FORECAST
Morgan Stanley forecasts a full year FY25 EPS of 60.00 cents.
Morgan Stanley forecasts a full year FY26 EPS of 40.00 cents.

Macquarie

xx/xx/xxxx

-1

xx xxxxxx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Ord Minnett

xx/xx/xxxx

3

xxxxxxx xx xxxx xxxx xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

2

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Jarden

xx/xx/xxxx

2

xxxxxxx xx xxxxxxxxxx xxxx xxxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Goldman Sachs

20/02/2025

1

Buy

$12.30

70.12%

Goldman Sachs highlights HMC Capital's 1H25 earnings of $140.5m beat consensus of $123.1m as higher funds under management resulted in higher-than-expected management fees and investment income.

The company continues to target over $50bn assets under management over the next 3-5 years which compares to Goldman's current FY27 estimate of $49bn.

The broker raised FY25 and FY26 EPS forecast by 50% and 7% respectively. Target price rises to $12.30 from $9.86, and Buy rating maintained.

FORECAST
Goldman Sachs forecasts a full year FY25 dividend of 12.00 cents and EPS of 55.00 cents.
Goldman Sachs forecasts a full year FY26 dividend of 12.00 cents and EPS of 52.00 cents.
Access Extra Coverage Research History >

HMC STOCK CHART

FNArena News on HMC

1
Next Week At A Glance 24-28 Mar 2025

Mar 21 2025 - Weekly Reports
2
Next Week At A Glance – 17-21 Mar 2025

Mar 14 2025 - Weekly Reports
3
In Case You Missed It – BC Extra Upgrades & Downgrades – 14-03-25

Mar 14 2025 - Weekly Reports
4
Australian Broker Call *Extra* Edition – Mar 13, 2025

Mar 13 2025 - Daily Market Reports
5
Post Bottom, Focus Shifts To A-REITs Potential

Mar 13 2025 - Feature Stories

Latest Wealth Management & Investments News

1
Weekly Update On LICs & LITs – 18-Mar-2025

Mar 18 2025 - Weekly Reports
2
Confident Qualitas Overlooked By Equity Investors

Mar 17 2025 - Small Caps
3
Future Looks Bright For Generation Development

Mar 11 2025 - Small Caps
4
Weekly Update On LICs & LITs – 11-Mar-2025

Mar 11 2025 - Weekly Reports
5
Monthly Listed Investment Trust Report – Mar 2025

Mar 10 2025 - Australia
6
Weekly Update On LICs & LITs – 25-Feb-2025

Feb 25 2025 - Weekly Reports
7
Active Management Key To Pinnacle’s Success

Feb 10 2025 - Small Caps
8
Weekly Update On LICs & LITs – 04-Feb-2025

Feb 04 2025 - Weekly Reports
9
Perpetual: Closing The Gap

Feb 03 2025 - Technicals
10
Treasure Chest: Generation Development

Jan 29 2025 - Treasure Chest