Hamborner REIT (HABA) AI Stock Analysis

• Market Cap: €471.79M
• Dividend Yield: 8.28%
• Average Volume (3M): 130.27K
• Price to Earnings (P/E): 33.4
• Beta (1Y): 0.19
• Revenue Growth: 4.47%
• EPS Growth: N/A
• Country: DE
• Employees: 55
• Sector: Real Estate
• Sector Strength: 56
• Industry: REIT - Diversified
• EPS (TTM): 0.03
• Shares Outstanding: 81,343,346
• 10 Day Avg. Volume: 104,681
• 30 Day Avg. Volume: 130,270
• PEG Ratio: -2.43
• Price to Book (P/B): 1.18
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 9.60
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €7.55
• Price Target Upside: 30.62% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3

• Rating: 70 Outperform
• Price Target: ―

Hamborner REIT demonstrates solid financial performance with improved profitability, robust cash flow, and a debt-free balance sheet, which significantly supports its overall score. The technical analysis presents a generally positive momentum, though caution is advised due to mixed signals from moving averages and stochastic levels. Despite valuation concerns with a high P/E ratio, the strong dividend yield offers a compensatory benefit, making the stock attractive for income-focused investors. Overall, the stock is positioned decently, with notable strengths in financial health and income potential.

Hamborner REIT Business Overview & Revenue Model

Company Description

Hamborner REIT AG is a Germany-based real estate investment trust that primarily invests in commercial properties. The company's portfolio includes retail properties, office buildings, and logistics centers, with a focus on ensuring stable and sustainable rental income. Hamborner REIT's operations are concentrated mainly in Germany, where it manages a diversified property portfolio aimed at long-term value generation.

How the Company Makes Money

Hamborner REIT AG makes money primarily through the acquisition, management, and leasing of commercial properties within its portfolio. The company generates revenue by collecting rental income from tenants occupying its retail, office, and logistics properties. As a Real Estate Investment Trust (REIT), Hamborner is required to distribute a significant portion of its income as dividends to shareholders, leveraging tax efficiencies. The company strategically acquires properties in economically stable regions to maintain high occupancy rates and ensure consistent cash flow. Additionally, Hamborner may engage in property sales to optimize its portfolio and capitalize on market opportunities, contributing to its earnings.

Hamborner REIT Financial Statement Overview

Summary

Hamborner REIT's financial performance in 2023 highlights a commendable recovery and growth across key financial metrics. The company showcases improved profitability, robust cash flow generation, and a stable balance sheet with no debt, positioning it well for future opportunities in the real estate industry. However, continuous monitoring of profitability and maintaining strong cash flows are essential to sustain this positive trajectory.

Income Statement

Hamborner REIT showed a strong revenue growth of 4.9% from 2022 to 2023, with a stable gross profit margin around 70.9%. The net profit margin significantly improved to 15.4% in 2023 from a loss in 2022, indicating better cost management and profitability. EBIT and EBITDA margins are healthy at 23.4% and 69.7%, respectively, showcasing efficient operations.

Balance Sheet

The company displays a solid equity ratio of 36.3% in 2023, reflecting a stable financial structure with no total debt, enhancing financial flexibility. Return on Equity (ROE) improved to 3.9%, up from negative in the previous period, indicating better returns to shareholders.

Cash Flow

Operating cash flow remained strong at €60.8 million, with a significant positive free cash flow growth rate of 40.3% in 2023, demonstrating robust cash generation. The free cash flow to net income ratio is favorable, indicating effective cash management and the ability to fund operations without external financing.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	105.68M	104.56M	99.23M	98.38M	102.34M
Gross Profit	74.98M	75.98M	72.01M	74.63M	79.10M
EBITDA	73.72M	69.04M	64.12M	105.99M	78.62M
Net Income	16.27M	-660.00K	13.31M	54.26M	-9.26M
Balance Sheet
Total Assets	1.13B	1.16B	1.29B	1.29B	1.27B
Cash, Cash Equivalents and Short-Term Investments	52.16M	43.30M	130.67M	84.78M	36.11M
Total Debt	0.00	682.86M	770.71M	747.70M	758.92M
Total Liabilities	722.31M	726.68M	814.82M	788.41M	791.55M
Stockholders Equity	411.17M	434.12M	473.60M	497.37M	474.23M
Cash Flow
Free Cash Flow	56.33M	40.16M	8.73M	-2.50M	-10.41M
Operating Cash Flow	60.77M	68.72M	62.79M	66.97M	69.45M
Investing Cash Flow	3.56M	-15.21M	-35.67M	92.79M	-61.17M
Financing Cash Flow	-55.87M	-140.32M	19.01M	-111.38M	18.96M

Hamborner REIT Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 5.78
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:HABA, the sentiment is Negative. The current price of 5.78 is below the 20-day moving average (MA) of 5.93, below the 50-day MA of 5.97, and below the 200-day MA of 5.86, indicating a bearish trend. The MACD of -0.05 indicates Positive momentum. The RSI at 31.24 is Neutral, neither overbought nor oversold. The STOCH value of 8.10 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DE:HABA.

Hamborner REIT Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DEQ	72 Outperform	€1.43B	11.55	6.26%	5.35%	-7.84%	―
HABA	70 Outperform	€471.79M	33.39	3.30%	8.28%	4.47%	―
LEG	64 Neutral	€5.42B	21.05	3.32%	3.80%	3.25%	―
Sector *	59 Neutral	€3.16B	4.34	-3.86%	3.71%	-3.18%	17.24%
VNA	46 Neutral	€23.60B	―	-2.91%	4.35%	23.19%	82.41%