Hamborner REIT AG (HABA) - Net Assets
Based on the latest financial reports, Hamborner REIT AG (HABA) has net assets worth €381.46 Million EUR (≈ $445.97 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.05 Billion ≈ $1.22 Billion USD) and total liabilities (€666.28 Million ≈ $778.96 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check asset resilience ratio of Hamborner REIT AG to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €381.46 Million |
| % of Total Assets | 36.41% |
| Annual Growth Rate | 6.38% |
| 5-Year Change | -13.3% |
| 10-Year Change | 1.25% |
| Growth Volatility | 18.13 |
Hamborner REIT AG - Net Assets Trend (2005–2024)
This chart illustrates how Hamborner REIT AG's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Hamborner REIT AG for the complete picture of this company's asset base.
Annual Net Assets for Hamborner REIT AG (2005–2024)
The table below shows the annual net assets of Hamborner REIT AG from 2005 to 2024. For live valuation and market cap data, see Hamborner REIT AG market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €411.17 Million ≈ $480.70 Million |
-5.29% |
| 2023-12-31 | €434.12 Million ≈ $507.53 Million |
-8.34% |
| 2022-12-31 | €473.60 Million ≈ $553.69 Million |
-4.78% |
| 2021-12-31 | €497.37 Million ≈ $581.48 Million |
+4.88% |
| 2020-12-31 | €474.23 Million ≈ $554.43 Million |
-7.66% |
| 2019-12-31 | €513.56 Million ≈ $600.41 Million |
-3.54% |
| 2018-12-31 | €532.43 Million ≈ $622.46 Million |
-2.87% |
| 2017-12-31 | €548.16 Million ≈ $640.86 Million |
-2.34% |
| 2016-12-31 | €561.31 Million ≈ $656.23 Million |
+38.23% |
| 2015-12-31 | €406.07 Million ≈ $474.74 Million |
+50.29% |
| 2014-12-31 | €270.19 Million ≈ $315.89 Million |
-0.57% |
| 2013-12-31 | €271.74 Million ≈ $317.70 Million |
-1.81% |
| 2012-12-31 | €276.75 Million ≈ $323.55 Million |
+28.64% |
| 2011-12-31 | €215.13 Million ≈ $251.51 Million |
-4.62% |
| 2010-12-31 | €225.55 Million ≈ $263.69 Million |
+45.24% |
| 2009-12-31 | €155.30 Million ≈ $181.56 Million |
-2.97% |
| 2008-12-31 | €160.05 Million ≈ $187.12 Million |
+2.92% |
| 2007-12-31 | €155.51 Million ≈ $181.80 Million |
+14.15% |
| 2006-12-31 | €136.23 Million ≈ $159.26 Million |
+7.39% |
| 2005-12-31 | €126.86 Million ≈ $148.31 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hamborner REIT AG's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 3331799900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €33.32 Million | 8.10% |
| Common Stock | €81.34 Million | 19.78% |
| Other Comprehensive Income | €296.50 Million | 72.11% |
| Other Components | €1.00 | 0.00% |
| Total Equity | €411.17 Million | 100.00% |
Hamborner REIT AG Competitors by Market Cap
The table below lists competitors of Hamborner REIT AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
i3 Verticals Inc
NASDAQ:IIIV
|
$391.00 Million |
|
BTS Group AB (publ)
ST:BTS-B
|
$391.12 Million |
|
K-Bro Linen Inc.
TO:KBL
|
$391.14 Million |
|
Pacific Biosciences of California
NASDAQ:PACB
|
$391.21 Million |
|
Ace Pillar Co Ltd
TW:8374
|
$390.78 Million |
|
Morrow Bank ASA
OL:MOBA
|
$390.78 Million |
|
Parpro Corp
TW:4916
|
$390.69 Million |
|
Paysafe Ltd
NYSE:PSFE
|
$390.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hamborner REIT AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 434,118,000 to 411,166,000, a change of -22,952,000 (-5.3%).
- Net income of 16,270,000 contributed positively to equity growth.
- Dividend payments of 39,045,000 reduced retained earnings.
- Other comprehensive income decreased equity by 35,296,000.
- Other factors increased equity by 35,119,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €16.27 Million | +3.96% |
| Dividends Paid | €39.05 Million | -9.5% |
| Other Comprehensive Income | €-35.30 Million | -8.58% |
| Other Changes | €35.12 Million | +8.54% |
| Total Change | €- | -5.29% |
Book Value vs Market Value Analysis
This analysis compares Hamborner REIT AG's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.02x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.34x to 1.02x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | €15.30 | €5.14 | x |
| 2006-12-31 | €5.43 | €5.14 | x |
| 2007-12-31 | €6.19 | €5.14 | x |
| 2008-12-31 | €6.37 | €5.14 | x |
| 2009-12-31 | €6.20 | €5.14 | x |
| 2010-12-31 | €8.12 | €5.14 | x |
| 2011-12-31 | €5.73 | €5.14 | x |
| 2012-12-31 | €6.51 | €5.14 | x |
| 2013-12-31 | €5.52 | €5.14 | x |
| 2014-12-31 | €5.53 | €5.14 | x |
| 2015-12-31 | €7.27 | €5.14 | x |
| 2016-12-31 | €8.42 | €5.14 | x |
| 2017-12-31 | €6.88 | €5.14 | x |
| 2018-12-31 | €6.68 | €5.14 | x |
| 2019-12-31 | €6.44 | €5.14 | x |
| 2020-12-31 | €5.94 | €5.14 | x |
| 2021-12-31 | €6.14 | €5.14 | x |
| 2022-12-31 | €5.82 | €5.14 | x |
| 2023-12-31 | €5.34 | €5.14 | x |
| 2024-12-31 | €5.05 | €5.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hamborner REIT AG utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.96%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.39%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 2.76x
- Recent ROE (3.96%) is below the historical average (5.10%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -2.46% | 0.00% | 0.00x | 1.32x | €-15.81 Million |
| 2006 | 5.96% | 57.92% | 0.08x | 1.31x | €-5.50 Million |
| 2007 | 33.58% | 360.98% | 0.05x | 1.87x | €36.68 Million |
| 2008 | 10.83% | 99.30% | 0.06x | 1.76x | €1.34 Million |
| 2009 | 3.27% | 20.40% | 0.08x | 1.92x | €-10.46 Million |
| 2010 | 2.51% | 20.45% | 0.07x | 1.80x | €-16.89 Million |
| 2011 | 3.66% | 22.21% | 0.08x | 2.15x | €-13.65 Million |
| 2012 | 2.80% | 19.16% | 0.07x | 1.96x | €-19.93 Million |
| 2013 | 3.14% | 16.96% | 0.08x | 2.32x | €-18.65 Million |
| 2014 | 6.33% | 32.61% | 0.08x | 2.30x | €-9.91 Million |
| 2015 | 3.39% | 23.68% | 0.07x | 1.94x | €-26.83 Million |
| 2016 | 3.10% | 24.87% | 0.07x | 1.79x | €-38.71 Million |
| 2017 | 3.23% | 20.73% | 0.07x | 2.14x | €-37.13 Million |
| 2018 | 3.64% | 20.03% | 0.08x | 2.27x | €-33.84 Million |
| 2019 | 3.48% | 18.01% | 0.08x | 2.40x | €-33.48 Million |
| 2020 | -1.95% | -9.05% | 0.08x | 2.67x | €-56.69 Million |
| 2021 | 10.91% | 55.15% | 0.08x | 2.59x | €4.52 Million |
| 2022 | 2.81% | 13.42% | 0.08x | 2.72x | €-34.05 Million |
| 2023 | -0.15% | -0.63% | 0.09x | 2.67x | €-44.07 Million |
| 2024 | 3.96% | 15.39% | 0.09x | 2.76x | €-24.85 Million |
Industry Comparison
This section compares Hamborner REIT AG's net assets metrics with peer companies in the REIT - Diversified industry.
Industry Context
- Industry: REIT - Diversified
- Average net assets among peers: $4,871,148,442
- Average return on equity (ROE) among peers: 5.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hamborner REIT AG (HABA) | €381.46 Million | -2.46% | 1.75x | $390.85 Million |
| BRITISH LAND ADR/1 LS-25 (BLDA) | $5.71 Billion | 5.92% | 0.55x | $4.37 Billion |
| COVIVIO UNS.ADR/1/4 (F5D0) | $13.62 Billion | 6.78% | 1.07x | $6.36 Billion |
| GROUP PAREF INH. EO 25 (G5I) | $146.08 Million | 7.55% | 0.51x | $36.98 Million |
| SM Wirtschaftsberatungs AG (SMWN) | $5.87 Million | 3.61% | 1.91x | $21.01 Million |
About Hamborner REIT AG
HAMBORNER REIT AG is a publicly traded company listed on the SD AX, operating exclusively in the real estate sector and positioned as a holder of high-yield commercial properties. The company's sustainable rental income is based on a diversified real estate portfolio distributed throughout Germany with a total value of approximately 1.4 billion Euro. The portfolio focuses on attractive local supp… Read more