HAMBORNER REIT AG (HABA.DE) Stock Fundamental Analysis
FRA:HABA - Deutsche Boerse Ag - DE000A3H2333 - REIT - Currency: EUR
We assign a fundamental rating of 3 out of 10 to HABA. HABA was compared to 42 industry peers in the Diversified REITs industry. Both the profitability and financial health of HABA have multiple concerns. While showing a medium growth rate, HABA is valued expensive at the moment. HABA also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
HABA had positive earnings in the past year.
HABA had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: HABA reported negative net income in multiple years.
In the past 5 years HABA always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of HABA (1.26%) is worse than 62.50% of its industry peers.
Looking at the Return On Equity, with a value of 3.40%, HABA is in line with its industry, outperforming 42.50% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 1.72%, HABA is doing worse than 85.00% of the companies in the same industry.
HABA had an Average Return On Invested Capital over the past 3 years of 4.38%. This is in line with the industry average of 3.57%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.26% | ||
| ROE | 3.4% | ||
| ROIC | 1.72% |
ROA(3y)0.8%
ROA(5y)1.18%
ROE(3y)2.21%
ROE(5y)3.11%
ROIC(3y)4.38%
ROIC(5y)4.31%
1.3 Margins
HABA has a worse Profit Margin (13.39%) than 62.50% of its industry peers.
HABA's Profit Margin has declined in the last couple of years.
HABA's Operating Margin of 21.86% is on the low side compared to the rest of the industry. HABA is outperformed by 82.50% of its industry peers.
In the last couple of years the Operating Margin of HABA has declined.
HABA's Gross Margin of 85.00% is fine compared to the rest of the industry. HABA outperforms 67.50% of its industry peers.
In the last couple of years the Gross Margin of HABA has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.86% | ||
| PM (TTM) | 13.39% | ||
| GM | 85% |
OM growth 3Y-2.77%
OM growth 5Y-1.69%
PM growth 3Y-34.65%
PM growth 5Y-3.08%
GM growth 3Y-2.82%
GM growth 5Y-1.99%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), HABA is creating some value.
Compared to 1 year ago, HABA has about the same amount of shares outstanding.
The number of shares outstanding for HABA has been increased compared to 5 years ago.
The debt/assets ratio for HABA has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.50, we must say that HABA is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.50, HABA is not doing good in the industry: 82.50% of the companies in the same industry are doing better.
The Debt to FCF ratio of HABA is 11.94, which is on the high side as it means it would take HABA, 11.94 years of fcf income to pay off all of its debts.
HABA's Debt to FCF ratio of 11.94 is in line compared to the rest of the industry. HABA outperforms 52.50% of its industry peers.
A Debt/Equity ratio of 1.21 is on the high side and indicates that HABA has dependencies on debt financing.
HABA has a Debt to Equity ratio of 1.21. This is amonst the worse of the industry: HABA underperforms 87.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.21 | ||
| Debt/FCF | 11.94 | ||
| Altman-Z | 0.5 |
ROIC/WACC0.44
WACC3.91%
2.3 Liquidity
A Current Ratio of 0.41 indicates that HABA may have some problems paying its short term obligations.
HABA has a Current ratio (0.41) which is in line with its industry peers.
HABA has a Quick Ratio of 0.41. This is a bad value and indicates that HABA is not financially healthy enough and could expect problems in meeting its short term obligations.
HABA has a Quick ratio of 0.41. This is comparable to the rest of the industry: HABA outperforms 47.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.41 | ||
| Quick Ratio | 0.41 |
3. Growth
3.1 Past
HABA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 680.71%, which is quite impressive.
HABA shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -2.27% yearly.
HABA shows a small growth in Revenue. In the last year, the Revenue has grown by 0.19%.
The Revenue has been growing slightly by 1.25% on average over the past years.
EPS 1Y (TTM)680.71%
EPS 3Y-33.15%
EPS 5Y-2.27%
EPS Q2Q%-50%
Revenue 1Y (TTM)0.19%
Revenue growth 3Y2.42%
Revenue growth 5Y1.25%
Sales Q2Q%-2.03%
3.2 Future
HABA is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.82% yearly.
Based on estimates for the next years, HABA will show a small growth in Revenue. The Revenue will grow by 0.82% on average per year.
EPS Next Y-15.55%
EPS Next 2Y-15.67%
EPS Next 3Y-9.82%
EPS Next 5Y3.82%
Revenue Next Year-0.78%
Revenue Next 2Y0.31%
Revenue Next 3Y-0.13%
Revenue Next 5Y0.82%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 32.61, which means the current valuation is very expensive for HABA.
67.50% of the companies in the same industry are cheaper than HABA, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 27.41. HABA is around the same levels.
HABA is valuated quite expensively with a Price/Forward Earnings ratio of 53.95.
HABA's Price/Forward Earnings ratio is rather expensive when compared to the industry. HABA is more expensive than 82.50% of the companies in the same industry.
HABA's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 35.19.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.61 | ||
| Fwd PE | 53.95 |
4.2 Price Multiples
HABA's Enterprise Value to EBITDA is on the same level as the industry average.
75.00% of the companies in the same industry are more expensive than HABA, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.98 | ||
| EV/EBITDA | 17.12 |
4.3 Compensation for Growth
HABA's earnings are expected to decrease with -9.82% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-15.67%
EPS Next 3Y-9.82%
5. Dividend
5.1 Amount
HABA has a Yearly Dividend Yield of 8.18%, which is a nice return.
Compared to an average industry Dividend Yield of 5.56, HABA pays a better dividend. On top of this HABA pays more dividend than 97.50% of the companies listed in the same industry.
HABA's Dividend Yield is rather good when compared to the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.18% |
5.2 History
The dividend of HABA has a limited annual growth rate of 0.85%.
Dividend Growth(5Y)0.85%
Div Incr Years1
Div Non Decr Years2
5.3 Sustainability
HABA pays out 277.33% of its income as dividend. This is not a sustainable payout ratio.
The dividend of HABA is growing, but earnings are growing more, so the dividend growth is sustainable.
DP277.33%
EPS Next 2Y-15.67%
EPS Next 3Y-9.82%
FRA:HABA (7/11/2025, 7:00:00 PM)
5.87
0 (0%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners17.89%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap477.47M
Analysts87.27
Price Target8.5 (44.8%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.18% |
Yearly Dividend0.48
Dividend Growth(5Y)0.85%
DP277.33%
Div Incr Years1
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)6.97%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-11.62%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.42%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.61 | ||
| Fwd PE | 53.95 | ||
| P/S | 4.54 | ||
| P/FCF | 8.98 | ||
| P/OCF | 8.3 | ||
| P/B | 1.15 | ||
| P/tB | 1.15 | ||
| EV/EBITDA | 17.12 |
EPS(TTM)0.18
EY3.07%
EPS(NY)0.11
Fwd EY1.85%
FCF(TTM)0.65
FCFY11.14%
OCF(TTM)0.71
OCFY12.04%
SpS1.29
BVpS5.09
TBVpS5.09
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.26% | ||
| ROE | 3.4% | ||
| ROCE | 2.45% | ||
| ROIC | 1.72% | ||
| ROICexc | 1.8% | ||
| ROICexgc | 1.8% | ||
| OM | 21.86% | ||
| PM (TTM) | 13.39% | ||
| GM | 85% | ||
| FCFM | 50.59% |
ROA(3y)0.8%
ROA(5y)1.18%
ROE(3y)2.21%
ROE(5y)3.11%
ROIC(3y)4.38%
ROIC(5y)4.31%
ROICexc(3y)4.7%
ROICexc(5y)4.59%
ROICexgc(3y)4.7%
ROICexgc(5y)4.59%
ROCE(3y)6.22%
ROCE(5y)6.12%
ROICexcg growth 3Y6.61%
ROICexcg growth 5Y4.56%
ROICexc growth 3Y6.62%
ROICexc growth 5Y4.57%
OM growth 3Y-2.77%
OM growth 5Y-1.69%
PM growth 3Y-34.65%
PM growth 5Y-3.08%
GM growth 3Y-2.82%
GM growth 5Y-1.99%
F-Score6
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.21 | ||
| Debt/FCF | 11.94 | ||
| Debt/EBITDA | 8.04 | ||
| Cap/Depr | 10.9% | ||
| Cap/Sales | 4.09% | ||
| Interest Coverage | 1.57 | ||
| Cash Conversion | 92.1% | ||
| Profit Quality | 377.85% | ||
| Current Ratio | 0.41 | ||
| Quick Ratio | 0.41 | ||
| Altman-Z | 0.5 |
F-Score6
WACC3.91%
ROIC/WACC0.44
Cap/Depr(3y)68.4%
Cap/Depr(5y)102.67%
Cap/Sales(3y)28.66%
Cap/Sales(5y)46.93%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)680.71%
EPS 3Y-33.15%
EPS 5Y-2.27%
EPS Q2Q%-50%
EPS Next Y-15.55%
EPS Next 2Y-15.67%
EPS Next 3Y-9.82%
EPS Next 5Y3.82%
Revenue 1Y (TTM)0.19%
Revenue growth 3Y2.42%
Revenue growth 5Y1.25%
Sales Q2Q%-2.03%
Revenue Next Year-0.78%
Revenue Next 2Y0.31%
Revenue Next 3Y-0.13%
Revenue Next 5Y0.82%
EBIT growth 1Y113.43%
EBIT growth 3Y-0.43%
EBIT growth 5Y-0.46%
EBIT Next Year132.58%
EBIT Next 3Y35.21%
EBIT Next 5Y20.91%
FCF growth 1Y61.11%
FCF growth 3YN/A
FCF growth 5Y34.87%
OCF growth 1Y-14.84%
OCF growth 3Y-3.19%
OCF growth 5Y-2.3%