Hamburger Hafen und Logistik AG (DE:HHFA)
XETRA:HHFA
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Hamburger Hafen und Logistik
(XETRA:HHFA)
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Rating:40Underperform
Price Target:
€21.00
▼(-1.41% Downside)
Action:DowngradedDate:04/07/26
The score is primarily constrained by weak financial performance (compressed profitability, rising leverage, and persistently negative free cash flow). Technical indicators also show soft momentum, and valuation is unattractive due to a very high P/E with a low dividend yield.
Positive Factors
Intermodal port & logistics network
HHLA’s integrated terminal and intermodal rail network is a durable competitive asset: owning port handling infrastructure and inland transfer capabilities creates recurring fee revenue, high barriers to entry and long-term customer relationships with shipping lines and freight forwarders, supporting stable throughput-driven cash flows.
Negative Factors
Elevated and rising leverage
Rising leverage materially reduces financial flexibility in a cyclical shipping and logistics industry. Higher debt burdens increase interest and refinancing risk, limit ability to pursue opportunistic investments or shareholder returns, and amplify downside if margins or volumes weaken over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Intermodal port & logistics network
HHLA’s integrated terminal and intermodal rail network is a durable competitive asset: owning port handling infrastructure and inland transfer capabilities creates recurring fee revenue, high barriers to entry and long-term customer relationships with shipping lines and freight forwarders, supporting stable throughput-driven cash flows.
Read all positive factors
Hamburger Hafen und Logistik (HHFA) vs. iShares MSCI Germany ETF (EWG)
Market Cap
€2.15B
Dividend Yield0.47%
Average Volume (3M)3.90K
Price to Earnings (P/E)165.6
Beta (1Y)0.05
Revenue Growth13.44%
EPS Growth113.13%
CountryDE
Employees6,549
SectorIndustrials
Sector Strength72
IndustryMarine Shipping
Share Statistics
EPS (TTM)-2.39
Shares Outstanding72,514,940
10 Day Avg. Volume6,508
30 Day Avg. Volume3,905
Financial Highlights & Ratios
PEG Ratio1.34
Price to Book (P/B)2.08
Price to Sales (P/S)0.92
P/FCF Ratio-21.90
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Hamburger Hafen und Logistik Business Overview & Revenue Model
Company Description
Hamburger Hafen und Logistik Aktiengesellschaft operates as a port and transport logistics company in Germany, rest of European Union, and internationally. It operates through four segments: Container, Intermodal, Logistics, and Real Estate. The c...
How the Company Makes Money
HHLA primarily makes money by charging customers for handling and moving freight within its port and logistics network. A major revenue stream comes from its container terminal business, where it earns fees for services such as loading and unloadi...
Hamburger Hafen und Logistik Financial Statement Overview
Summary
Income Statement
48
Neutral
Balance Sheet
38
Negative
Cash Flow
32
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.76B | 1.60B | 1.45B | 1.58B | 1.47B |
| Gross Profit | 359.17M | 294.11M | 243.67M | 381.83M | 377.41M |
| EBITDA | 350.91M | 322.28M | 294.40M | 391.01M | 406.67M |
| Net Income | 9.76M | 32.52M | 19.96M | 133.06M | 112.34M |
Balance Sheet | |||||
| Total Assets | 3.47B | 3.28B | 3.01B | 2.77B | 2.80B |
| Cash, Cash Equivalents and Short-Term Investments | 183.53M | 250.79M | 197.53M | 119.20M | 153.77M |
| Total Debt | 1.65B | 1.51B | 1.33B | 1.11B | 1.13B |
| Total Liabilities | 2.64B | 2.46B | 2.20B | 1.90B | 2.10B |
| Stockholders Equity | 777.87M | 761.38M | 751.96M | 798.48M | 677.61M |
Cash Flow | |||||
| Free Cash Flow | -73.81M | -71.34M | -52.66M | 100.21M | 128.04M |
| Operating Cash Flow | 273.40M | 195.95M | 224.38M | 279.32M | 315.87M |
| Investing Cash Flow | -334.71M | -298.96M | -251.47M | -152.58M | -227.36M |
| Financing Cash Flow | -27.95M | 146.23M | 97.71M | -127.95M | -84.92M |
Hamburger Hafen und Logistik Technical Analysis
Negative
21.30
Price Trends
22.76
Negative
22.22
Negative
21.36
Positive
Market Momentum
-0.19
Positive
38.50
Neutral
41.03
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:HHFA, the sentiment is Negative. The current price of 21.3 is below the 20-day moving average (MA) of 22.57, below the 50-day MA of 22.76, and below the 200-day MA of 21.36, indicating a neutral trend. The MACD of -0.19 indicates Positive momentum. The RSI at 38.50 is Neutral, neither overbought nor oversold. The STOCH value of 41.03 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DE:HHFA.
Hamburger Hafen und Logistik Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | €804.94M | 12.10 | 16.03% | 5.12% | 21.42% | -10.98% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
54 Neutral | €21.43B | 22.72 | 4.94% | 7.14% | 8.66% | 5.41% | |
40 Underperform | €2.15B | 165.57 | 1.25% | 0.47% | 13.44% | 113.13% |
* Industrials Sector Average
DE:HHFA
Hamburger Hafen und Logistik
22.00
4.29
24.25%
DE:EUK3
Eurokai KGAA
57.00
26.19
85.00%
DE:HLAG
Hapag Lloyd
121.90
12.05
10.97%
DE:TGHN
Logwin AG
280.00
61.78
28.31%
DE:EUK2
EUROKAI KGaA
55.00
21.84
65.86%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.