Hamborner REIT stock
HABA.DEXETRAHamborner REIT AG, Real EstateISIN DE000A3H2333WKN A3H233
38Score 38 out of 100, Weak
Price and trend
46 / 100
Price history
−15% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Below the 200-day line: the price is 9.5% below it.
Since July 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Normal: the price is neither overheated nor sold off (RSI 46).
The price is 22% below its 52-week high. Largest decline in 20 years: 65% (June 2007 to October 2026).
Chart figures for advanced users
- SMA 50$4.56
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$4.99
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)46
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$4.43
- The lowest closing price of the last twelve months.
- Resistance$5.82
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Hamborner REIT AG belongs to the REIT (Diversified) industry (Germany) and, with a market value of $367.76M, is number 25 of 27 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $118.19M (up 0.9% year on year) and earnings of $13.85M (down 23.2%).
- For fiscal 2026, analysts expect on average revenue of $101.45M (down 14.2%) and adjusted earnings per share of $0.02 (down 88.4%).
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- MEQIRI Score 38 out of 100 (Weak): rank 300 of 325 in Real Estate, median 55.
- For real estate investment trusts (REITs) what counts is funds from operations (FFO and AFFO). The P/E and the payout ratio of earnings say little here, because depreciation on properties depresses earnings.
- Our model puts fair value at $9.89, with the price 54% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
None of our strength checks applies.
Weaknesses
- Loss-makingLoss of $9.44M over the last 12 months.Fundamentals 40
- High debtDebt 1.82 times equity (latest quarter), REIT (Diversified) median 1.05.Stability 40
- Interest barely coveredOperating profit covers interest only 1.9 times.Stability 40
Its standout strength is valuation, while capital allocation and profitability hold the score back.
Daily figure as of 13 Nov 2026
How the score is calculatedScore overview
Score since yesterday from 40 to 38.
Fundamental quality fluctuates.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk medium
How well MEQIRI warnsIn the middle among smaller stocks.
From 2016 to 2025, 20 in 100 such stocks fell 30% or more within a year, against a group average of 23 in 100.
What drives the risk
- weak fundamentals
Valuation
Valuation signal
Possible value trapIn our model the price counts as cheap below $8.25 and expensive above $12.37 (uncertainty low, based on the price swings of the past year).
The two parts of the fair value come to $12.37 (cash-flow model) and $7.42 (industry comparison), and the gap between them shows how uncertain the estimate is. The price is below both.
Calculated with a cost of equity of 7.1%. At 8.1% the fair value would be $8.86, at 6.1% it would be $11.44.
Possible value trap: looks cheap, but score below 50.
Valuation metrics
Half from the cash-flow model, half from FFO per share times the median price to FFO of the REIT industry (10.9). For REITs, depreciation on buildings depresses earnings, so FFO counts instead of earnings. The cash-flow model uses AFFO: operating cash flow less maintenance, estimated at 4% of revenue. New construction and acquisitions do not count as running costs there.
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue rose 4.9% on the twelve months before. Revenue has grown solidly since 2006, at about 11% per year.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 69%, operating 22%, net 12%. Last 12 months: net −8%.
Debt & balance sheet
latest quarterDebt is elevated. Keep an eye on the interest burden and refinancing.
Earnings
- Next earnings
- 25 Feb 2027in 104 days
- Last reported
- 10 Nov 2026EPS reported $0.03
Analyst estimates
Earnings estimates have barely changed since 15 Oct 2026.
- Earnings per share
- $0.020.0%
- Revenue
- $101.45M0.0%
- Earnings per share
- $0.100.0%
- Revenue
- $103.2M0.0%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
What happened at Hamborner REIT
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
325 rated companies in Real Estate
- This company
- 38
- Sector median
- 55
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in REIT (Diversified)
The next larger and next smaller companies by market value
- AH Realty TrustAHRT $603.25M48
- Nextensa NV/SANEXTA.BR $513.12M54
- FrontView REITFVR $501.88M51
- Gladstone CommercialGOOD $478.51M51
- One Liberty PropertiesOLP $464.2M49
- Fonciere IneaINEA.PA $376.45M49
- Vitruvio Real Estate SOCIMIYVIT.MC $339.65M57
- Immobiliere DassaultIMDA.PA $325.67M43
ETFs that hold Hamborner REIT
Held by 9 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| Amundi SDAX UCITS ETF DistC005 | 0.73% | 0.70% | €158.8M |
| iShares European Property Yield UCITS ETFIPRE | 0.24% | 0.40% | €191.76M |
| Xtrackers FTSE Developed Europe ex UK Real Estate UCITS ETF 1CXREA | 0.22% | 0.33% | €18.06M |
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| State Street SPDR FTSE EPRA Europe ex UK Real Estate UCITS ETFZPRP | 0.22% | 0.30% | €113.02M |
| Xtrackers FTSE Developed Europe Real Estate UCITS ETF 1CD5BK | 0.15% | 0.33% | €635.92M |
| iShares Developed Markets Property Yield UCITS ETFIQQ6 | 0.02% | 0.59% | €813.1M |
| Amundi FTSE EPRA NAREIT Global UCITS ETF Dist10AJ | 0.02% | 0.24% | €606.07M |
| HSBC FTSE EPRA NAREIT Developed UCITS ETFH4ZL | 0.01% | 0.24% | €3.37B |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = €0.9024)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 30 Sep 2022)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.