Hamburger Hafen und Logistik (HHFA) AI Stock Analysis

Top Page

Hamburger Hafen und Logistik

(XETRA:HHFA)

Select Model

Rating:35Underperform

Price Target:EUR 20.00▼(-6.98% Downside)

Action:reiterated

Date:08/18/26

Hamburger Hafen und Logistik receives a very low overall score driven primarily by severely deteriorating financial fundamentals. The company's profitability has collapsed from healthy margins in 2021-2022 to net losses, while debt has surged and free cash flow remains deeply negative — the most critical risk factors. Valuation offers no support with a negative P/E and a negligible dividend yield that may not be sustainable. Technical indicators are neutral-to-weak, with the stock trading below key moving averages and showing no bullish momentum. The combination of financial stress, poor valuation, and lackluster technicals presents a high-risk profile with limited near-term upside catalysts. The score is floored near the minimum given the breadth of negative signals across all evaluated dimensions.

Positive Factors

Strong Revenue GrowthStrong top-line expansion indicates sustained demand for HHLA’s container handling, intermodal transport, and logistics services. Continued volume growth can improve infrastructure utilization and reinforce the company’s role in international supply-chain networks.

Negative Factors

Return to Net LossesThe move into a net loss shows that solid operating performance is not flowing through to bottom-line earnings. Persistent below-the-line pressure could restrict retained capital, weaken financial flexibility, and make future profitability more dependent on operating improvements.

Hamburger Hafen und Logistik (HHFA) vs. iShares MSCI Germany ETF (EWG)

Market Cap: EUR 2.43B
Dividend Yield: 0.47%
Average Volume (3M): 1,760
Price to Earnings (P/E): -54.3
Beta (1Y): 0.08
Revenue Growth: 3.49%
EPS Growth: -127.01%
Country: Germany
Employees: 7,396
Sector: General
Sector Strength: 55
Industry: Marine Shipping

Hamburger Hafen und Logistik Business Overview & Revenue Model

Company Description

Headquartered in Hamburg, Germany, Hamburger Hafen und Logistik AG is a diversified port and logistics enterprise operating across Germany, the European Union, and on an international scale. Established in 1885 and now a subsidiary of HGV Hamburger G...

How the Company Makes Money

HHLA primarily makes money by charging customers for handling and moving freight through its port and transport infrastructure. A major revenue stream comes from its container terminal operations, where it earns fees for services such as loading and...

Hamburger Hafen und Logistik Financial Statement Overview

Summary

Financial performance is deeply concerning. Despite revenue growth to €1.78B TTM, profitability has collapsed with net income turning negative (-€13.6M TTM) and net margins at -0.76%. Gross and EBIT margins have compressed significantly. The balance sheet carries elevated leverage (1.72x debt-to-equity) with debt-funded asset growth and negative ROE (-1.7%). Free cash flow has been persistently negative (-€146M TTM) with operating cash flow coverage dropping to 42%, raising serious questions about debt serviceability. The income statement score (28), balance sheet score (30), and cash flow score (25) all reflect severe deterioration.

Income Statement

28Negative

Balance Sheet

30Negative

Cash Flow

25Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.78B	1.76B	1.60B	1.45B	1.58B	1.47B
Gross Profit	337.39M	359.17M	294.11M	243.67M	381.83M	377.41M
EBITDA	336.64M	350.91M	322.28M	294.40M	391.01M	406.67M
Net Income	-13.55M	9.76M	32.52M	19.96M	133.06M	112.34M
Balance Sheet
Total Assets	3.61B	3.47B	3.28B	3.01B	2.77B	2.80B
Cash, Cash Equivalents and Short-Term Investments	140.90M	183.53M	250.79M	197.53M	119.20M	153.77M
Total Debt	1.34B	1.65B	1.51B	1.33B	1.11B	1.13B
Total Liabilities	2.77B	2.64B	2.46B	2.20B	1.90B	2.10B
Stockholders Equity	776.53M	777.87M	761.38M	751.96M	798.48M	677.61M
Cash Flow
Free Cash Flow	-145.60M	-73.81M	-71.34M	-52.66M	100.21M	128.04M
Operating Cash Flow	242.22M	273.40M	195.95M	224.38M	279.32M	315.87M
Investing Cash Flow	-409.66M	-334.71M	-298.96M	-251.47M	-152.58M	-227.36M
Financing Cash Flow	14.67M	-27.95M	146.23M	97.71M	-127.95M	-84.92M

Hamburger Hafen und Logistik Technical Analysis

Technical Analysis SentimentNeutral

Last Price21.50

Price Trends

50DMA21.51Negative

100DMA21.61Negative

200DMA21.95Negative

Market Momentum

MACD-0.01Negative

RSI51.06Neutral

STOCH66.67Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:HHFA, the sentiment is Neutral. The current price of 21.50 is above the 20-day moving average (MA) of 21.46, below the 50-day MA of 21.51, and below the 200-day MA of 21.95, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 51.06 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for DE:HHFA.

Hamburger Hafen und Logistik Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

DE:HHFA against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DE:TGHN	79Outperform	EUR 804.94M	14.17	14.55%	4.57%	-5.64%	-9.56%
DE:HLAG	56Neutral	EUR 23.46B	392.65	0.32%	2.25%	-9.12%	-97.55%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
DE:JUN3	52Neutral	EUR 2.19B	-2150.00	-0.04%	1.35%	1.63%	-86.73%
DE:HHFA	35Underperform	EUR 2.43B	-54.25	-1.73%	0.47%	3.49%	-127.01%

* General Sector Average

Performance Comparison

DE:HHFA and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
DE:HHFA	Hamburger Hafen und Logistik	21.50	0.30	1.42%
DE:EUK3	Eurokai KGAA	57.00	12.94	29.36%
DE:HLAG	Hapag Lloyd	133.50	15.47	13.11%
DE:JUN3	Jungheinrich AG	21.50	-9.29	-30.18%
DE:TGHN	Logwin AG	280.00	48.68	21.05%
DE:HHX	HAMMONIA Schiffsholding AG	382.00	112.00	41.48%

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.

Date of analysis: Aug 18, 2026

Hamburger Hafen und Logistik AI Stock Analysis

Top Page