1. Germany Stocks

  2. •

    Real Estate

  3. •

    REIT - Diversified
Hamborner REIT AG

Hamborner REIT AG

HABA.DE
Hamborner REIT AGDE flagDeutsche Börse
4.48
EUR
+0.05
- -
364.42MMarket Cap
Hamborner REIT AG
HABA.DE
(Deutsche Börse)

Recent

price

4.48

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
1
0.94
0.95
1.02
1.07
1.04
1.05
1.07
1.22
1.25
1.28
1.21
1.22
1.29
1.3
1.25
0.89
Revenue per Share
0.2
0.21
0.18
0.17
0.35
0.25
0.26
0.22
0.24
0.22
-0.12
0.67
0.16
-0.01
0.2
0.15
0.12
Basic EPS, GAAP
-2.47
-2.85
0.65
0.76
0.76
0.77
0.76
0.75
0.84
0.16
-0.13
-0.03
0.11
0.49
0.69
0.71
0.51
Free Cash Flow per Basic Share
0.3
0.34
0.32
0.37
0.37
0.36
0.39
0.43
0.45
0.46
0.38
0.39
0.47
0.47
0.48
0.48
- -
Dividend per Share
5.73
4.42
4.03
3
2.99
2.84
2.55
1.97
1.77
1.67
1.67
1.87
1.57
1.21
1.36
1.33
1.29
Book Value per Share
8.04
5.73
6.51
5.52
5.53
7.27
8.41
6.87
6.67
6.44
5.93
6.13
5.82
5.33
5.05
4.73
4.49
Tangible Book Value per Share
28
38
43
49
49
56
67
80
80
80
80
81
81
81
81
81
86
Basic Weighted Avg Shares
28
35
40
50
52
58
70
85
97
99
102
98
99
105
106
102
77
Sales/Revenue/Turnover
45.18
38.04
42.59
40.63
37.91
40.63
39.59
34.43
33.81
34.07
0.7
31.76
26.21
10.36
23.77
22.64
22.64
Operating Margin (%)
8
9
12
16
18
19
23
30
35
37
72
35
38
56
40
38
29
Depreciation Expense
6
8
8
9
17
14
17
18
19
18
-9
54
13
-1
16
12
10
Net Income, GAAP
32.89
14.1
0.32
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
20.45
22.21
19.16
16.96
32.61
23.68
24.87
20.73
20.03
18.01
-9.05
55.15
13.42
-0.63
15.39
12.27
13.08
Profit Margin (%)
62
13
15
19
-3
5
49
- -
-28
-71
-41
55
23
-15
-104
-70
-62
Working Capital
- -
210
223
321
311
328
394
553
627
619
667
667
668
641
512
524
- -
LT Debt
223
215
277
272
270
406
561
548
532
514
474
497
474
434
411
385
387
Total Equity
4.43
3.53
3.65
3.68
3.33
3.52
3.21
2.77
2.82
2.84
- -
2.71
2.26
- -
2.52
2.52
2.68
Return on Invested Capital (%)
6.32
5.56
4.76
4.72
6.47
5.58
5.84
4.48
4.6
4.19
- -
8.47
3.26
- -
4.43
4.07
5.53
Return on Capital (%)
3.56
4.84
4.59
5.35
11.66
9.04
10.59
10.81
13.01
13.04
-6.94
38.07
9.55
-0.58
15.55
11.4
8.98
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
487
524
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
81
81
Market Capitalization
467
366
381

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
60
70
Cash, Cash Equivalents & STI
- -
44
64
Accounts Receivable, Net
- -
2
4
Inventories
- -
- -
- -
Total Current Liabilities
- -
130
132
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.18%
-4%
-6.45%
Free Cash Flow
-33.78%
-24.53%
1.98%
Net Income, GAAP
-357.65%
-690.92%
-23.25%
Sales/Revenue/Turnover
6.11%
-0.05%
-3.67%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
26
27
26
26
106
2025
26
25
- -
26
102
2026
26
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.06
0.04
0.05
- -
0.2
2025
0.03
0.05
- -
- -
0.15
2026
0.03
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.48
2025
- -
- -
- -
- -
0.48
2026
- -
- -
- -
- -
- -
Similar Companies
MGM Growth Properties LLC (MGP)
Fortress REIT Limited (FFB.JO)
iStar Inc. (STAR)
Virtus KAR Small-Cap Growth Fund Class R6 (VRSGX)
Artis Real Estate Investment Trust (AX-PE.TO)
Prosperity Real Estate Investment Trust (0808.HK)
Business
Hamborner REIT AG is a stock exchange-listed public limited company headquartered in Duisburg, Germany, that operates exclusively as a portfolio holder for high-yield commercial properties across Germany; founded in 1953, it generates sustainable rental income from a diversified portfolio valued at around €1.4 billion, focusing on modern office properties in established locations and attractive local supply retail properties including large-scale retail assets, retail parks, retail centers, and DIY stores in city-centre locations, district centres, and highly frequented edge-of-town sites in major German cities and mid-sized centres. The company, listed in the SDAX under ticker HABA.DE with ISIN DE000A3H2333, benefits from REIT status with corporation and trade tax exemption, emphasizing core properties with high-quality locations and long-term leases primarily in metropolitan regions with strong economic and demographic prospects; rental income derives mainly from retail properties alongside office assets, supported by a lean corporate structure and active portfolio management involving acquisitions of larger properties and disposals of smaller ones for regional diversification. In recent developments, Hamborner REIT AG completed property disposals including a retail property in Lübeck and an office property in Osnabrück in early 2025, signed contracts for approximately 12,400 m² of rental space in the first half of 2025 with a 95% retention rate, and raised its full-year 2025 guidance for income from rents and leases to €89.5 million to €90.5 million alongside funds from operations of €44.0 million to €46.0 million, while maintaining a solid REIT equity ratio of 55.0% and EPRA loan-to-value of 44.3% as of June 30, 2025.