HEALTHCO HEALTHCARE & WELLNESS REIT (HCW)
Share Price Analysis and Chart

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HCW - HEALTHCO HEALTHCARE & WELLNESS REIT

FNArena Sector : REITs
Year End: June
GICS Industry Group : Real Estate
Debt/EBITDA: 13.4
Index: ASX300 | ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$1.475

22 Sep
2023

-0.030

OPEN

$1.49

-1.99%

HIGH

$1.51

1,336,272

LOW

$1.47

TARGET
$1.617 9.6% upside
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FNARENA'S MARKET CONSENSUS FORECASTS
HCW: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx 5.4 7.5 xxx
DPS (cps) xxx 7.6 8.0 xxx
EPS Growth xxx - 63.7% 37.9% xxx
DPS Growth xxx 2.6% 5.9% xxx
PE Ratio xxx N/A 19.7 xxx
Dividend Yield xxx N/A 5.4% xxx
Div Pay Ratio(%) xxx 138.9% 106.7% xxx

Dividend yield today if purchased 3 years ago: N/A

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 N/A

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: 29/06 - (franking ex-di

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 FactSet UK Limited. All rights reserved
Title 2023
EPS Basic 5.4
DPS All 7.6
Sales/Revenue 49.1 M
Book Value Per Share 169.0
Net Operating Cash Flow 11.1 M
Net Profit Margin 41.14 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 2023
Return on Capital Employed 2.52 %
Return on Invested Capital 1.73 %
Return on Assets 1.67 %
Return on Equity 2.52 %
Return on Total Capital 4.49 %
Free Cash Flow ex dividends -18.4 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 2023
Short-Term Debt -
Long Term Debt 704 M
Total Debt 704 M
Goodwill - Gross -
Cash & Equivalents - Generic 8 M
Price To Book Value 0.78

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 2023
Capex -
Capex % of Sales -
Cost of Goods Sold 16 M
Selling, General & Admin. Exp & Other -19 M
Research & Development -
Investments - Total 1,647 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

0.7

No. Of Recommendations

3
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgans

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Macquarie

16/08/2023

1

Outperform

$1.48

0.34%

HealthCo Healthcare & Wellness REIT's FY23 funds from operations of 6.9c per share was directly in line with Macquarie and guidance. FY24 guidance of 8.0cps is marginally ahead of the broker's 7.9c.

The REIT will recognise the benefit of the full period of the Healthscope acquisition but will face higher interest expense. Macquarie expects HealthCo to continue with its asset recycling program through FY24.

While this may be marginally dilutive to earnings initially, the choice of assets for divestment may result in marginal upside.

Outperform and $1.48 target retained.

FORECAST
Macquarie forecasts a full year FY24 dividend of 8.00 cents and EPS of 7.00 cents.
Macquarie forecasts a full year FY25 dividend of 8.20 cents and EPS of 7.70 cents.

Morgan Stanley

xx/xx/xxxx

3

xxxxx-xxxxxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial
Access Stockbroker Research History >

HCW STOCK CHART

FNArena News on HCW

1
ESG Focus: Reporting Season A Cracker For ESG

Sep 14 2023 - ESG Focus
2
Rudi’s View: Outlook Negative, With Plenty Of Silver Linings

Sep 06 2023 - Rudi's View
3
FNArena Corporate Results Monitor – 16-08-2023

Aug 16 2023 - Australia
4
Rudi’s View: Awaiting The August Verdict

Aug 02 2023 - Rudi's View
5
May In Review: Banks and Resources Weigh

Jun 05 2023 - Australia

Latest REITs News

1
Australian Listed Real Estate Tables – 18-09-2023

Sep 18 2023 - Weekly Reports
2
Australian Listed Real Estate Tables – 11-09-2023

Sep 11 2023 - Weekly Reports
3
Australian Listed Real Estate Tables – 04-09-2023

Sep 04 2023 - Weekly Reports
4
Australian Listed Real Estate Tables – 28-08-2023

Aug 28 2023 - Weekly Reports
5
Australian Listed Real Estate Tables – 22-08-2023

Aug 22 2023 - Weekly Reports
6
Australian Listed Real Estate Tables – 14-08-2023

Aug 14 2023 - Weekly Reports
7
Australian Listed Real Estate Tables – 07-08-2023

Aug 07 2023 - Weekly Reports
8
Australian Listed Real Estate Tables – 31-07-2023

Jul 31 2023 - Weekly Reports
9
Australian Listed Real Estate Tables – 24-07-2023

Jul 24 2023 - Weekly Reports
10
Australian Listed Real Estate Tables – 17-07-2023

Jul 17 2023 - Weekly Reports