Hamborner REIT (HABA) AI Stock Analysis

• Market Cap: €466.91M
• Dividend Yield: 8.35%
• Average Volume (3M): 78.99K
• Price to Earnings (P/E): 30.9
• Beta (1Y): 0.23
• Revenue Growth: 2.95%
• EPS Growth: 66.67%
• Country: DE
• Employees: 55
• Sector: Real Estate
• Sector Strength: 51
• Industry: REIT - Diversified
• EPS (TTM): 0.05
• Shares Outstanding: 81,343,346
• 10 Day Avg. Volume: 65,333
• 30 Day Avg. Volume: 78,986
• 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: 29.97% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 5

• Rating: 60 Neutral
• Price Target: €6.00 ▲(4.53% 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'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.

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	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: 5.74
• 50DMA: Negative
• 100DMA: Negative
• 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 5.74 is below the 20-day moving average (MA) of 5.79, below the 50-day MA of 5.84, and below the 200-day MA of 5.82, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 43.48 is Neutral, neither overbought nor oversold. The STOCH value of 10.82 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
Sector *	65 Neutral	$2.09B	17.13	4.00%	4.98%	3.30%	3.57%
HABA	60 Neutral	€466.91M	30.86	3.89%	8.35%	2.95%	66.67%
0QGG	―	€164.62M	―	-32.43%	―	―	―
0RDE	―	€108.76M	58.93	-14.15%	―	―	―
0FJC	―	€652.42M	30.64	2.00%	―	―	―
VIH1	70 Outperform	€267.74M	7.41	4.20%	0.49%	2.95%	-72.11%
0ZQ7	―	€430.88M	14.58	4.74%	2.80%	―	―