Hamborner REIT (HABA) AI Stock Analysis

• Market Cap: €418.92M
• Dividend Yield: 9.23%
• Average Volume (3M): 110.61K
• Price to Earnings (P/E): 27.5
• Beta (1Y): 0.24
• 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: 150,011
• 30 Day Avg. Volume: 110,607
• 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: €7.70
• Price Target Upside: 49.51% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4

• Rating: 53 Neutral
• Price Target: €5.50 ▲(6.80% Upside)

The overall stock score of 53 reflects a mix of strengths and weaknesses. The most significant factor is the company's solid operational efficiency and strong cash flow management. However, technical analysis indicates bearish momentum, and the high P/E ratio suggests potential overvaluation. The attractive dividend yield provides some balance, but the overall outlook is cautious.

Hamborner REIT Business Overview & Revenue Model

Company Description

HAMBORNER REIT AG a public company listed in the SDAX that operates exclusively in the property sector and is positioned as a portfolio holder for high-yield commercial properties. The company generates sustainable rental income on the basis of a diversified portfolio of properties distributed throughout Germany with a total value of around €1.5 billion. The portfolio focuses on modern office properties at established locations as well as attractive local supply properties as large-scale retail assets, retail parks and DIY stores in central inner-city locations, district centres and highly frequented edge-of-town sites of major German cities and mid-sized centres. HAMBORNER REIT AG is distinguished by its many years of experience on the property and capital market, its consistent and sustainably attractive dividend strategy and its lean and transparent corporate structure. The company is a registered real estate investment trust (REIT) and benefits from corporation and trade tax exemption at company level.

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: 5.15
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• 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 5.15 is below the 20-day moving average (MA) of 5.27, below the 50-day MA of 5.49, and below the 200-day MA of 5.72, indicating a bearish trend. The MACD of -0.09 indicates Negative momentum. The RSI at 34.87 is Neutral, neither overbought nor oversold. The STOCH value of 10.23 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
VIH1	―	€338.81M	8.53	4.48%	0.39%	20.83%	-54.40%
Sector *	―	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
INS	―	€416.79M	14.07	4.74%	6.03%	-20.71%	32.58%
PAT	―	€614.65M	28.38	2.00%	4.89%	-9.25%	―
HABA	―	€418.92M	27.54	3.89%	9.23%	2.95%	66.67%
BRNK	―	€178.41M	―	-24.26%	―	-9.05%	-32.77%
DKG	―	€99.19M	―	-14.15%	―	17.35%	80.47%