Hamborner REIT (HABA) AI Stock Analysis

• Market Cap: €458.78M
• Dividend Yield: 8.63%
• Average Volume (3M): 77.20K
• Price to Earnings (P/E): 30.2
• Beta (1Y): 0.23
• Revenue Growth: 2.95%
• EPS Growth: 66.67%
• Country: DE
• Employees: 55
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Diversified
• EPS (TTM): 0.05
• Shares Outstanding: 81,343,346
• 10 Day Avg. Volume: 69,437
• 30 Day Avg. Volume: 77,196
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: €7.46
• Price Target Upside: 34.41% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 5

• Rating: 60 Neutral
• Price Target: €6.00 ▲(8.11% Upside)

Hamborner REIT's overall stock score reflects solid operational efficiency and strong cash flow management. However, challenges such as declining revenue growth, high leverage, and a high P/E ratio weigh on the score. The high dividend yield is a positive aspect, providing a good return to investors.

Hamborner REIT Business Overview & Revenue Model

Company Description

Hamborner REIT AG (HABA) is a real estate investment trust based in Germany, primarily focused on the acquisition, management, and leasing of retail and commercial properties. The company operates in the real estate sector, with a significant portfolio that includes shopping centers, retail parks, and office buildings located in key urban areas across Germany. HABA aims to provide sustainable rental income and capital appreciation through its diversified property holdings and strategic asset management.

How the Company Makes Money

Hamborner REIT generates revenue primarily through rental income from its extensive portfolio of commercial and retail properties. The company's revenue model is based on long-term leases with tenants, which provide stable cash flow. Key revenue streams include rental payments from tenants, service charges, and potential property sales or redevelopments that can yield capital gains. Additionally, Hamborner REIT may engage in strategic partnerships with property management firms and real estate developers to enhance property value and optimize operational efficiency, thus contributing to its overall earnings.

Hamborner REIT Financial Statement Overview

Summary

Hamborner REIT shows strong operational efficiency with healthy EBIT and EBITDA margins. However, declining revenue growth and high leverage pose risks to financial stability. Positive cash flow management is a notable strength, with strong free cash flow growth and conversion ratios.

Income Statement

Hamborner REIT's income statement shows a stable gross profit margin of around 70%, indicating efficient cost management. However, the net profit margin has declined to 13.37% in the TTM, reflecting reduced profitability. Revenue growth has been negative recently, signaling potential challenges in revenue generation. The EBIT and EBITDA margins are healthy, suggesting strong operational efficiency despite revenue pressures.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio, indicating significant leverage, which could pose risks in volatile markets. The return on equity is modest at 3.45% in the TTM, showing limited returns for shareholders. The equity ratio is not explicitly calculated, but the high leverage suggests a lower proportion of equity financing.

Cash Flow

Cash flow analysis shows a positive free cash flow growth rate of 17.3% in the TTM, highlighting improved cash generation. The operating cash flow to net income ratio is strong, indicating good cash conversion from earnings. The free cash flow to net income ratio is high, reflecting efficient cash management despite fluctuations in net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	103.77M	105.68M	104.56M	99.23M	98.38M	102.34M
Gross Profit	72.64M	74.98M	75.98M	72.01M	74.63M	79.10M
EBITDA	72.33M	73.72M	69.04M	64.12M	105.99M	78.62M
Net Income	15.22M	16.27M	-660.00K	13.31M	54.26M	-9.26M
Balance Sheet
Total Assets	1.05B	1.13B	1.16B	1.29B	1.29B	1.27B
Cash, Cash Equivalents and Short-Term Investments	13.32M	52.16M	43.30M	130.67M	84.78M	36.11M
Total Debt	632.74M	652.64M	682.86M	770.71M	747.70M	758.92M
Total Liabilities	670.77M	722.31M	726.68M	814.82M	788.41M	791.55M
Stockholders Equity	378.77M	411.17M	434.12M	473.60M	497.37M	474.23M
Cash Flow
Free Cash Flow	58.12M	56.33M	40.16M	8.73M	-2.50M	-10.41M
Operating Cash Flow	62.31M	60.77M	68.72M	62.79M	66.97M	69.45M
Investing Cash Flow	27.55M	3.56M	-15.21M	-35.67M	92.79M	-61.17M
Financing Cash Flow	-113.85M	-55.87M	-140.32M	19.01M	-111.38M	18.96M

Hamborner REIT Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 5.55
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

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 5.55 is below the 20-day moving average (MA) of 5.69, below the 50-day MA of 5.74, and below the 200-day MA of 5.80, indicating a bearish trend. The MACD of -0.04 indicates Positive momentum. The RSI at 35.16 is Neutral, neither overbought nor oversold. The STOCH value of 26.67 is Neutral, 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
VIH1	70 Outperform	299.47M	7.54	0.00%	0.44%	20.83%	-54.40%
INS	64 Neutral	430.88M	14.55	4.71%	5.43%	-20.71%	32.58%
HABA	60 Neutral	€458.78M	30.16	3.89%	8.63%	2.95%	66.67%
PAT	59 Neutral	620.66M	28.66	2.06%	4.84%	-9.25%	0.00%
BRNK	51 Neutral	180.08M	-0.89	0.00%	―	-9.05%	-32.77%
DKG	40 Underperform	98.44M	-1.92	0.62%	―	17.35%	80.47%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%