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Hamborner REIT AG
Buy, Hold or Sell?

Let's analyse Hamborner together

PenkeI guess you are interested in Hamborner REIT AG. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Hamborner REIT AG. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Hamborner (30 sec.)










What can you expect buying and holding a share of Hamborner? (30 sec.)

How much money do you get?

How much money do you get?
€0.51
When do you have the money?
1 year
How often do you get paid?
40.0%

What is your share worth?

Current worth
€5.40
Expected worth in 1 year
€4.91
How sure are you?
72.5%

+ What do you gain per year?

Total Gains per Share
€-0.02
Return On Investment
-0.3%

For what price can you sell your share?

Current Price per Share
€6.68
Expected price per share
€6.1734027067669 - €6.7458431372549
How sure are you?
50%

1. Valuation of Hamborner (5 min.)




Live pricePrice per Share (EOD)

€6.68

Intrinsic Value Per Share

€-1.19 - €17.64

Total Value Per Share

€4.21 - €23.04

2. Growth of Hamborner (5 min.)




Is Hamborner growing?

Current yearPrevious yearGrowGrow %
How rich?$476.6m$513.2m-$39.5m-8.3%

How much money is Hamborner making?

Current yearPrevious yearGrowGrow %
Making money-$269.9k$2.5m-$2.7m-1,035.5%
Net Profit Margin-1.3%9.1%--

How much money comes from the company's main activities?

3. Financial Health of Hamborner (5 min.)




What can you expect buying and holding a share of Hamborner? (5 min.)

Welcome investor! Hamborner's management wants to use your money to grow the business. In return you get a share of Hamborner.

What can you expect buying and holding a share of Hamborner?

First you should know what it really means to hold a share of Hamborner. And how you can make/lose money.

Speculation

The Price per Share of Hamborner is €6.68. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Hamborner.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Hamborner, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €5.40. Based on the TTM, the Book Value Change Per Share is €-0.12 per quarter. Based on the YOY, the Book Value Change Per Share is €-0.07 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €0.12 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Hamborner.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps0.060.9%0.000.0%0.000.0%0.030.5%0.030.5%
Usd Book Value Change Per Share0.060.9%-0.13-2.0%-0.07-1.1%-0.03-0.5%0.050.8%
Usd Dividend Per Share0.000.0%0.131.9%0.263.8%0.152.3%0.162.4%
Usd Total Gains Per Share0.060.9%-0.01-0.1%0.182.7%0.121.8%0.213.2%
Usd Price Per Share7.45-7.20-8.05-9.02-9.45-
Price to Earnings Ratio29.68--0.68-102.47-45.29-32.03-
Price-to-Total Gains Ratio117.79-4.11--46.98-12.51-40.04-
Price to Book Ratio1.27-1.24-1.28-1.40-1.58-
Price-to-Total Gains Ratio117.79-4.11--46.98-12.51-40.04-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share7.255816
Number of shares137
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.130.15
Usd Book Value Change Per Share-0.13-0.03
Usd Total Gains Per Share-0.010.12
Gains per Quarter (137 shares)-0.7316.64
Gains per Year (137 shares)-2.9166.55
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
170-73-1385-1857
2140-146-16169-36124
3210-219-19254-54191
4280-291-22339-72258
5350-364-25423-90325
6420-437-28508-108392
7490-510-31592-127459
8560-583-34677-145526
9629-656-37762-163593
10699-729-40846-181660

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share2.02.00.050.0%8.04.00.066.7%14.06.00.070.0%30.010.00.075.0%44.017.00.072.1%
Book Value Change Per Share2.02.00.050.0%8.04.00.066.7%13.07.00.065.0%27.013.00.067.5%40.019.02.065.6%
Dividend per Share2.00.02.050.0%6.00.06.050.0%9.00.011.045.0%16.00.024.040.0%18.00.043.029.5%
Total Gains per Share2.02.00.050.0%8.04.00.066.7%13.07.00.065.0%29.011.00.072.5%43.017.01.070.5%

Fundamentals of Hamborner

About Hamborner REIT AG

HAMBORNER REIT AG a public company listed in the SDAX that operates exclusively in the property sector and is positioned as a portfolio holder for high-yield commercial properties. The company generates sustainable rental income on the basis of a diversified portfolio of properties distributed throughout Germany with a total value of around "1.5 billion. The portfolio focuses on modern office properties at established locations as well as attractive local supply properties as large-scale retail assets, retail parks and DIY stores in central inner-city locations, district centres and highly frequented edge-of-town sites of major German cities and mid-sized centres. HAMBORNER REIT AG is distinguished by its many years of experience on the property and capital market, its consistent and sustainably attractive dividend strategy and its lean and transparent corporate structure. The company is a registered real estate investment trust (REIT) and benefits from corporation and trade tax exemption at company level.

Fundamental data was last updated by Penke on 2024-05-26 12:22:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just not able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is just able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Hamborner REIT AG.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Hamborner earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare Hamborner to the REIT - Diversified industry mean.
  • A Net Profit Margin of 17.9% means that €0.18 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Hamborner REIT AG:

  • The MRQ is 17.9%. The company is making a huge profit. +2
  • The TTM is -1.3%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ17.9%TTM-1.3%+19.2%
TTM-1.3%YOY9.1%-10.4%
TTM-1.3%5Y7.9%-9.2%
5Y7.9%10Y6.6%+1.4%
1.1.2. Return on Assets

Shows how efficient Hamborner is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Hamborner to the REIT - Diversified industry mean.
  • 0.4% Return on Assets means that Hamborner generated €0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Hamborner REIT AG:

  • The MRQ is 0.4%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.0%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ0.4%TTM0.0%+0.4%
TTM0.0%YOY0.2%-0.2%
TTM0.0%5Y0.2%-0.2%
5Y0.2%10Y0.1%+0.0%
1.1.3. Return on Equity

Shows how efficient Hamborner is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Hamborner to the REIT - Diversified industry mean.
  • 1.1% Return on Equity means Hamborner generated €0.01 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Hamborner REIT AG:

  • The MRQ is 1.1%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is -0.1%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ1.1%TTM-0.1%+1.1%
TTM-0.1%YOY0.5%-0.6%
TTM-0.1%5Y0.4%-0.5%
5Y0.4%10Y0.3%+0.1%

1.2. Operating Efficiency of Hamborner REIT AG.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Hamborner is operating .

  • Measures how much profit Hamborner makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Hamborner to the REIT - Diversified industry mean.
  • An Operating Margin of 30.9% means the company generated €0.31  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Hamborner REIT AG:

  • The MRQ is 30.9%. The company is operating very efficient. +2
  • The TTM is 10.8%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ30.9%TTM10.8%+20.0%
TTM10.8%YOY28.2%-17.4%
TTM10.8%5Y29.2%-18.4%
5Y29.2%10Y35.0%-5.8%
1.2.2. Operating Ratio

Measures how efficient Hamborner is keeping operating costs low.

  • Below 1 is considered healthy (always compare to REIT - Diversified industry mean).
  • An Operation Ratio of 0.71 means that the operating costs are €0.71 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Hamborner REIT AG:

  • The MRQ is 0.708. The company is efficient in keeping operating costs low. +1
  • The TTM is 0.903. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.708TTM0.903-0.194
TTM0.903YOY0.713+0.190
TTM0.9035Y0.793+0.109
5Y0.79310Y0.712+0.081

1.3. Liquidity of Hamborner REIT AG.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Hamborner is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to REIT - Diversified industry mean).
  • A Current Ratio of 1.02 means the company has €1.02 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Hamborner REIT AG:

  • The MRQ is 1.015. The company is just able to pay all its short-term debts.
  • The TTM is 0.901. The company is just not able to pay all its short-term debts. -1
Trends
Current periodCompared to+/- 
MRQ1.015TTM0.901+0.114
TTM0.901YOY0.907-0.006
TTM0.9015Y0.868+0.033
5Y0.86810Y1.057-0.188
1.3.2. Quick Ratio

Measures if Hamborner is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Hamborner to the REIT - Diversified industry mean.
  • A Quick Ratio of 1.00 means the company can pay off €1.00 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Hamborner REIT AG:

  • The MRQ is 0.998. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.894. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.998TTM0.894+0.104
TTM0.894YOY0.872+0.022
TTM0.8945Y0.761+0.133
5Y0.76110Y0.929-0.167

1.4. Solvency of Hamborner REIT AG.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Hamborner assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Hamborner to REIT - Diversified industry mean.
  • A Debt to Asset Ratio of 0.63 means that Hamborner assets are financed with 62.8% credit (debt) and the remaining percentage (100% - 62.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Hamborner REIT AG:

  • The MRQ is 0.628. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.629. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.628TTM0.6290.000
TTM0.629YOY0.622+0.006
TTM0.6295Y0.615+0.014
5Y0.61510Y0.570+0.045
1.4.2. Debt to Equity Ratio

Measures if Hamborner is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Hamborner to the REIT - Diversified industry mean.
  • A Debt to Equity ratio of 169.0% means that company has €1.69 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Hamborner REIT AG:

  • The MRQ is 1.690. The company is just able to pay all its debts with equity.
  • The TTM is 1.692. The company is just able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ1.690TTM1.692-0.002
TTM1.692YOY1.648+0.044
TTM1.6925Y1.601+0.091
5Y1.60110Y1.361+0.240

2. Market Valuation of Hamborner REIT AG

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every €1 in earnings Hamborner generates.

  • Above 15 is considered overpriced but always compare Hamborner to the REIT - Diversified industry mean.
  • A PE ratio of 29.68 means the investor is paying €29.68 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Hamborner REIT AG:

  • The EOD is 28.903. Based on the earnings, the company is overpriced. -1
  • The MRQ is 29.682. Based on the earnings, the company is overpriced. -1
  • The TTM is -0.685. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD28.903MRQ29.682-0.779
MRQ29.682TTM-0.685+30.366
TTM-0.685YOY102.472-103.156
TTM-0.6855Y45.295-45.980
5Y45.29510Y32.029+13.266
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Hamborner REIT AG:

  • The EOD is 8.277. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 8.500. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 3.489. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD8.277MRQ8.500-0.223
MRQ8.500TTM3.489+5.011
TTM3.489YOY3.987-0.498
TTM3.4895Y-15.007+18.497
5Y-15.00710Y-8.218-6.789
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Hamborner is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to REIT - Diversified industry mean).
  • A PB ratio of 1.27 means the investor is paying €1.27 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Hamborner REIT AG:

  • The EOD is 1.238. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.272. Based on the equity, the company is underpriced. +1
  • The TTM is 1.236. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.238MRQ1.272-0.033
MRQ1.272TTM1.236+0.035
TTM1.236YOY1.282-0.045
TTM1.2365Y1.397-0.161
5Y1.39710Y1.582-0.185
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Hamborner REIT AG compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.058-0.122+310%-0.066+213%-0.030+152%0.050+18%
Book Value Per Share--5.3955.361+1%5.785-7%5.919-9%5.704-5%
Current Ratio--1.0150.901+13%0.907+12%0.868+17%1.057-4%
Debt To Asset Ratio--0.6280.6290%0.622+1%0.615+2%0.570+10%
Debt To Equity Ratio--1.6901.6920%1.648+3%1.601+6%1.361+24%
Dividend Per Share---0.117-100%0.235-100%0.142-100%0.146-100%
Eps--0.058-0.003+105%0.002+3232%0.031+88%0.031+84%
Free Cash Flow Per Share--0.2020.108+87%0.101+100%0.031+548%-0.137+168%
Free Cash Flow To Equity Per Share--0.342-0.055+116%-0.036+111%-0.093+127%-0.074+122%
Gross Profit Margin--1.0001.023-2%0.968+3%0.998+0%0.999+0%
Intrinsic Value_10Y_max--17.645--------
Intrinsic Value_10Y_min---1.188--------
Intrinsic Value_1Y_max--0.482--------
Intrinsic Value_1Y_min---0.479--------
Intrinsic Value_3Y_max--2.429--------
Intrinsic Value_3Y_min---1.135--------
Intrinsic Value_5Y_max--5.557--------
Intrinsic Value_5Y_min---1.455--------
Market Cap543373217.280-3%558015010.560539102949.690+4%605113288.440-8%676127425.076-17%711237881.594-22%
Net Profit Margin--0.179-0.013+107%0.091+97%0.079+126%0.066+172%
Operating Margin--0.3090.108+185%0.282+9%0.292+6%0.350-12%
Operating Ratio--0.7080.903-22%0.713-1%0.793-11%0.712-1%
Pb Ratio1.238-3%1.2721.236+3%1.282-1%1.397-9%1.582-20%
Pe Ratio28.903-3%29.682-0.685+102%102.472-71%45.295-34%32.029-7%
Price Per Share6.680-3%6.8606.628+4%7.410-7%8.302-17%8.701-21%
Price To Free Cash Flow Ratio8.277-3%8.5003.489+144%3.987+113%-15.007+277%-8.218+197%
Price To Total Gains Ratio114.702-3%117.7924.111+2765%-46.978+140%12.508+842%40.043+194%
Quick Ratio--0.9980.894+12%0.872+14%0.761+31%0.929+7%
Return On Assets--0.0040.000+106%0.002+114%0.002+165%0.001+218%
Return On Equity--0.011-0.001+106%0.005+119%0.004+168%0.003+257%
Total Gains Per Share--0.058-0.005+108%0.169-66%0.112-48%0.196-70%
Usd Book Value--476684301.000473711100.050+1%513221353.500-7%523739625.510-9%506537720.505-6%
Usd Book Value Change Per Share--0.063-0.133+310%-0.072+213%-0.033+152%0.054+18%
Usd Book Value Per Share--5.8605.824+1%6.284-7%6.430-9%6.196-5%
Usd Dividend Per Share---0.128-100%0.255-100%0.154-100%0.159-100%
Usd Eps--0.063-0.003+105%0.002+3232%0.033+88%0.034+84%
Usd Free Cash Flow--17826714.4009556659.150+87%8966309.450+99%2758785.070+546%-12137416.040+168%
Usd Free Cash Flow Per Share--0.2190.117+87%0.109+100%0.034+548%-0.149+168%
Usd Free Cash Flow To Equity Per Share--0.371-0.060+116%-0.039+111%-0.101+127%-0.080+122%
Usd Market Cap590211988.610-3%606115904.470585573623.953+4%657274053.904-8%734409609.118-17%772546586.987-22%
Usd Price Per Share7.256-3%7.4517.199+4%8.049-7%9.017-17%9.451-21%
Usd Profit--5105140.000-269920.700+105%2525143.450+102%2137750.220+139%1622049.615+215%
Usd Revenue--28511663.80028372630.200+0%27377127.900+4%27437846.480+4%23880867.340+19%
Usd Total Gains Per Share--0.063-0.005+108%0.184-66%0.121-48%0.213-70%
 EOD+4 -4MRQTTM+29 -7YOY+23 -135Y+23 -1310Y+21 -15

3.2. Fundamental Score

Let's check the fundamental score of Hamborner REIT AG based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1528.903
Price to Book Ratio (EOD)Between0-11.238
Net Profit Margin (MRQ)Greater than00.179
Operating Margin (MRQ)Greater than00.309
Quick Ratio (MRQ)Greater than10.998
Current Ratio (MRQ)Greater than11.015
Debt to Asset Ratio (MRQ)Less than10.628
Debt to Equity Ratio (MRQ)Less than11.690
Return on Equity (MRQ)Greater than0.150.011
Return on Assets (MRQ)Greater than0.050.004
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Hamborner REIT AG based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5063.080
Ma 20Greater thanMa 506.559
Ma 50Greater thanMa 1006.391
Ma 100Greater thanMa 2006.234
OpenGreater thanClose6.590
Total4/5 (80.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2023-03-312023-06-302023-09-302023-12-312024-03-31
Other Current Assets  -86,62026,613-60,00717,419-42,588-2,956-45,54447,5311,987



Latest Balance Sheet

Balance Sheet of 2024-03-31. Currency in EUR. All numbers in thousands.

Summary
Total Assets1,180,570
Total Liabilities741,715
Total Stockholder Equity438,855
 As reported
Total Liabilities 741,715
Total Stockholder Equity+ 438,855
Total Assets = 1,180,570

Assets

Total Assets1,180,570
Total Current Assets75,547
Long-term Assets1,105,023
Total Current Assets
Cash And Cash Equivalents 71,083
Short-term Investments 725
Net Receivables 1,752
Other Current Assets 1,987
Total Current Assets  (as reported)75,547
Total Current Assets  (calculated)75,547
+/-0
Long-term Assets
Property Plant Equipment 2,675
Intangible Assets 291
Long-term Assets Other 8,265
Long-term Assets  (as reported)1,105,023
Long-term Assets  (calculated)11,231
+/- 1,093,792

Liabilities & Shareholders' Equity

Total Current Liabilities74,430
Long-term Liabilities667,285
Total Stockholder Equity438,855
Total Current Liabilities
Short-term Debt 54,437
Accounts payable 17,637
Other Current Liabilities 56,793
Total Current Liabilities  (as reported)74,430
Total Current Liabilities  (calculated)128,867
+/- 54,437
Long-term Liabilities
Long-term Liabilities  (as reported)667,285
Long-term Liabilities  (calculated)0
+/- 667,285
Total Stockholder Equity
Common Stock81,343
Retained Earnings 21,939
Other Stockholders Equity 335,573
Total Stockholder Equity (as reported)438,855
Total Stockholder Equity (calculated)438,855
+/-0
Other
Capital Stock81,343
Cash and Short Term Investments 71,808
Common Stock Shares Outstanding 78,333
Current Deferred Revenue-54,437
Liabilities and Stockholders Equity 1,180,570
Net Debt 626,585
Net Invested Capital 438,855
Net Working Capital 1,117
Short Long Term Debt Total 697,668



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2024-03-312023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-06-30
> Total Assets 
0
0
292,629
0
298,589
296,934
294,777
325,621
406,143
404,529
420,790
437,522
462,493
467,005
457,307
530,370
541,437
581,239
598,657
609,255
631,712
634,897
622,160
620,649
621,303
663,899
676,709
781,022
786,644
828,011
837,928
1,012,360
1,006,760
1,050,550
1,056,490
1,125,260
1,173,503
1,248,404
1,203,053
1,202,646
1,209,806
1,218,309
1,208,193
1,215,296
1,234,677
1,287,358
1,286,097
1,306,583
1,265,784
1,313,065
1,304,553
1,325,572
1,285,787
1,308,850
1,248,121
1,239,613
1,288,425
1,227,569
1,178,404
1,176,468
1,160,801
1,180,570
1,180,5701,160,8011,176,4681,178,4041,227,5691,288,4251,239,6131,248,1211,308,8501,285,7871,325,5721,304,5531,313,0651,265,7841,306,5831,286,0971,287,3581,234,6771,215,2961,208,1931,218,3091,209,8061,202,6461,203,0531,248,4041,173,5031,125,2601,056,4901,050,5501,006,7601,012,360837,928828,011786,644781,022676,709663,899621,303620,649622,160634,897631,712609,255598,657581,239541,437530,370457,307467,005462,493437,522420,790404,529406,143325,621294,777296,934298,5890292,62900
   > Total Current Assets 
0
0
38,553
0
38,473
26,464
9,594
12,158
84,076
26,262
27,355
7,133
26,852
31,223
8,588
82,872
30,085
4,536
6,152
23,011
35,410
37,841
27,632
32,401
13,524
31,875
11,788
56,722
34,598
30,593
33,007
121,766
83,941
24,774
31,605
44,151
59,470
94,556
13,651
31,517
9,155
15,085
12,108
12,266
10,687
46,811
32,838
64,346
64,958
152,542
155,963
201,451
157,729
164,374
87,426
86,598
145,612
94,517
64,457
47,622
46,718
75,547
75,54746,71847,62264,45794,517145,61286,59887,426164,374157,729201,451155,963152,54264,95864,34632,83846,81110,68712,26612,10815,0859,15531,51713,65194,55659,47044,15131,60524,77483,941121,76633,00730,59334,59856,72211,78831,87513,52432,40127,63237,84135,41023,0116,1524,53630,08582,8728,58831,22326,8527,13327,35526,26284,07612,1589,59426,46438,473038,55300
       Cash And Cash Equivalents 
0
0
37,036
0
37,942
24,150
6,940
10,548
83,629
25,215
25,795
5,943
18,685
30,207
7,994
81,080
29,306
3,430
5,243
19,581
28,154
32,302
21,748
28,075
10,374
27,883
7,371
49,620
27,133
28,328
28,583
118,909
75,335
14,638
29,129
41,499
58,105
91,527
10,459
17,939
3,592
7,759
9,643
9,119
8,358
43,594
28,646
60,261
35,597
94,586
134,767
167,143
83,978
148,140
79,977
82,822
130,112
86,620
60,007
42,588
43,304
71,083
71,08343,30442,58860,00786,620130,11282,82279,977148,14083,978167,143134,76794,58635,59760,26128,64643,5948,3589,1199,6437,7593,59217,93910,45991,52758,10541,49929,12914,63875,335118,90928,58328,32827,13349,6207,37127,88310,37428,07521,74832,30228,15419,5815,2433,43029,30681,0807,99430,20718,6855,94325,79525,21583,62910,5486,94024,15037,942037,03600
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
260
0
0
0
139
0
0
0
194
0
0
0
512
0
0
0
798
0
0
0
559
0
0
0
478
725
725478000559000798000512000194000139000260000000000000000000000000000000000000
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,131
2,959
2,476
2,652
973
3,029
3,192
3,175
1,063
3,135
2,465
3,147
2,329
3,217
4,192
4,085
2,135
5,190
5,441
4,808
2,401
5,684
4,497
3,776
2,090
6,397
4,450
5,034
2,240
1,752
1,7522,2405,0344,4506,3972,0903,7764,4975,6842,4014,8085,4415,1902,1354,0854,1923,2172,3293,1472,4653,1351,0633,1753,1923,0299732,6522,4762,9591,13100000000000000000000000000000000
       Other Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
358
0
0
0
371
0
0
0
706
0
0
0
623
0
0
0
281
7,177
0
0
132
0
0
10,403
170
0
0
0
195
0
0
0
116
0
0
0
573
0
-79,977
-82,822
1,005
-86,620
-60,007
-42,588
-45,544
1,987
1,987-45,544-42,588-60,007-86,6201,005-82,822-79,977057300011600019500017010,40300132007,1772810006230007060003710003580000000000000000
   > Long-term Assets 
0
0
254,076
0
260,116
270,470
285,183
313,463
322,067
378,267
393,435
430,389
435,641
435,782
448,719
447,498
511,352
576,703
592,505
586,244
596,302
597,056
594,528
588,248
607,779
632,024
664,921
724,300
752,046
797,418
804,921
890,594
922,819
1,025,776
1,024,885
1,081,109
1,114,033
1,153,848
1,189,402
1,171,129
1,200,651
1,203,224
1,196,085
1,203,030
1,223,990
1,240,547
1,253,259
1,242,237
1,200,826
1,160,523
1,148,590
1,124,121
1,128,058
1,144,476
1,160,695
1,153,015
1,142,813
1,133,052
1,113,947
1,128,846
1,114,083
1,105,023
1,105,0231,114,0831,128,8461,113,9471,133,0521,142,8131,153,0151,160,6951,144,4761,128,0581,124,1211,148,5901,160,5231,200,8261,242,2371,253,2591,240,5471,223,9901,203,0301,196,0851,203,2241,200,6511,171,1291,189,4021,153,8481,114,0331,081,1091,024,8851,025,776922,819890,594804,921797,418752,046724,300664,921632,024607,779588,248594,528597,056596,302586,244592,505576,703511,352447,498448,719435,782435,641430,389393,435378,267322,067313,463285,183270,470260,1160254,07600
       Property Plant Equipment 
0
0
160
0
151
134
146
142
130
131
128
133
169
163
167
161
159
150
143
142
135
126
118
113
150
418
766
1,388
2,153
2,113
2,564
2,800
3,017
3,250
3,233
3,221
3,156
3,128
3,180
3,143
3,103
3,138
3,101
3,096
3,057
3,041
3,018
2,982
3,066
3,034
3,001
2,967
2,932
2,881
2,835
2,812
2,833
2,780
2,750
2,740
2,739
2,675
2,6752,7392,7402,7502,7802,8332,8122,8352,8812,9322,9673,0013,0343,0662,9823,0183,0413,0573,0963,1013,1383,1033,1433,1803,1283,1563,2213,2333,2503,0172,8002,5642,1132,1531,388766418150113118126135142143150159161167163169133128131130142146134151016000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
846
927
940
268
1,104
1,120
1,182
142
1,164
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000000001,1641421,1821,1201,104268940927846000000000000000000000000000000000
       Intangible Assets 
0
0
0
0
6
10
26
41
37
33
31
27
23
19
19
0
14
0
0
0
13
0
0
0
10
0
0
0
63
0
0
0
488
492
508
502
507
510
502
497
600
647
668
651
574
584
569
560
499
0
0
0
472
0
501
476
446
425
337
317
300
291
29130031733742544647650104720004995605695845746516686476004975025105075025084924880006300010000130001401919232731333741261060000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,065
2,226
5,220
215
1,127
204
199
193
1,373
282
286
291
285
291
295
299
0
0
0
0
0
0
0
10,826
10,374
0
10,205
0
0
0
00010,205010,37410,82600000002992952912852912862821,3731931992041,1272155,2202,2263,06500000000000000000000000000000000
> Total Liabilities 
0
0
138,711
0
143,292
146,017
152,401
182,472
180,592
176,830
205,443
224,136
247,362
250,451
254,420
254,078
264,685
299,510
331,336
339,289
359,968
357,191
358,038
352,083
351,108
349,965
380,226
380,563
380,570
415,753
448,854
455,786
445,449
483,957
516,710
579,930
625,344
696,247
680,571
674,312
677,380
682,570
703,546
704,540
721,115
769,815
780,190
792,189
791,550
828,020
816,239
828,396
788,413
808,722
781,592
768,454
814,821
748,891
745,200
738,174
726,683
741,715
741,715726,683738,174745,200748,891814,821768,454781,592808,722788,413828,396816,239828,020791,550792,189780,190769,815721,115704,540703,546682,570677,380674,312680,571696,247625,344579,930516,710483,957445,449455,786448,854415,753380,570380,563380,226349,965351,108352,083358,038357,191359,968339,289331,336299,510264,685254,078254,420250,451247,362224,136205,443176,830180,592182,472152,401146,017143,2920138,71100
   > Total Current Liabilities 
0
0
7,809
0
9,152
25,730
9,168
19,916
22,413
20,351
12,717
16,305
14,237
13,989
12,169
12,818
15,118
15,632
14,812
14,254
13,419
15,327
18,046
14,564
16,175
18,311
20,607
22,496
29,308
28,060
29,120
35,883
34,715
46,649
57,695
51,613
59,624
60,650
36,945
38,923
37,456
44,416
61,565
71,781
81,343
114,202
108,093
105,019
106,119
100,302
89,387
104,191
102,373
171,651
167,903
159,577
122,962
68,463
57,023
68,327
61,307
74,430
74,43061,30768,32757,02368,463122,962159,577167,903171,651102,373104,19189,387100,302106,119105,019108,093114,20281,34371,78161,56544,41637,45638,92336,94560,65059,62451,61357,69546,64934,71535,88329,12028,06029,30822,49620,60718,31116,17514,56418,04615,32713,41914,25414,81215,63215,11812,81812,16913,98914,23716,30512,71720,35122,41319,9169,16825,7309,15207,80900
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
7,707
8,163
8,988
8,765
7,483
9,793
10,033
10,260
10,760
10,667
12,318
12,595
16,138
17,352
18,596
16,172
20,876
21,314
41,941
38,367
42,682
42,214
22,908
26,649
22,560
30,608
47,998
60,145
69,776
96,262
79,832
83,315
0
0
0
0
0
0
146,459
141,059
102,555
45,029
35,789
49,850
41,457
54,437
54,43741,45749,85035,78945,029102,555141,059146,45900000083,31579,83296,26269,77660,14547,99830,60822,56026,64922,90842,21442,68238,36741,94121,31420,87616,17218,59617,35216,13812,59512,31810,66710,76010,26010,0339,7937,4838,7658,9888,1637,7070000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
419,977
447,227
490,097
38,987
43,088
42,343
22,984
26,687
22,560
30,608
47,998
60,145
69,776
96,262
79,832
83,315
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000083,31579,83296,26269,77660,14547,99830,60822,56026,68722,98442,34343,08838,987490,097447,227419,97700000000000000000000000000000000
       Accounts payable 
0
0
2,275
0
1,877
2,851
3,239
3,076
4,726
3,271
5,902
6,591
3,233
3,711
2,867
3,716
4,314
5,209
4,114
3,689
4,710
4,130
7,131
3,236
4,557
6,235
7,389
8,839
11,526
8,859
9,237
18,364
11,158
22,756
13,503
11,461
14,230
15,814
12,090
10,206
13,421
12,146
12,565
10,432
10,111
16,536
26,702
19,952
12,182
34,917
24,434
48,766
19,773
31,562
18,396
16,094
17,540
20,699
19,044
16,207
17,151
17,637
17,63717,15116,20719,04420,69917,54016,09418,39631,56219,77348,76624,43434,91712,18219,95226,70216,53610,11110,43212,56512,14613,42110,20612,09015,81414,23011,46113,50322,75611,15818,3649,2378,85911,5268,8397,3896,2354,5573,2367,1314,1304,7103,6894,1145,2094,3143,7162,8673,7113,2336,5915,9023,2714,7263,0763,2392,8511,87702,27500
       Other Current Liabilities 
0
0
5,534
0
7,275
22,879
5,929
16,840
17,687
17,080
6,815
9,714
11,004
10,278
9,302
9,102
3,097
2,260
1,710
1,800
1,226
1,404
882
1,068
858
1,409
900
1,062
1,644
1,849
1,287
1,347
2,681
2,579
2,251
1,785
2,712
2,622
1,947
2,068
1,475
1,662
1,002
1,204
1,456
1,404
1,559
1,752
93,937
65,385
64,953
55,425
82,600
140,089
149,507
143,483
105,422
47,764
37,979
52,120
2,699
56,793
56,7932,69952,12037,97947,764105,422143,483149,507140,08982,60055,42564,95365,38593,9371,7521,5591,4041,4561,2041,0021,6621,4752,0681,9472,6222,7121,7852,2512,5792,6811,3471,2871,8491,6441,0629001,4098581,0688821,4041,2261,8001,7102,2603,0979,1029,30210,27811,0049,7146,81517,08017,68716,8405,92922,8797,27505,53400
   > Long-term Liabilities 
0
0
130,902
0
134,140
120,287
143,233
162,556
158,179
156,479
192,726
207,831
233,125
236,462
242,251
241,260
249,567
283,878
316,524
325,035
346,549
341,864
339,992
337,519
334,933
331,654
359,619
358,067
351,262
387,693
419,734
419,903
410,734
437,308
459,015
528,317
565,720
635,597
643,626
635,389
639,924
638,154
641,981
632,759
639,772
655,613
672,097
687,170
685,431
727,718
726,852
724,205
686,040
637,071
613,689
608,877
691,859
680,428
688,177
669,847
665,376
667,285
667,285665,376669,847688,177680,428691,859608,877613,689637,071686,040724,205726,852727,718685,431687,170672,097655,613639,772632,759641,981638,154639,924635,389643,626635,597565,720528,317459,015437,308410,734419,903419,734387,693351,262358,067359,619331,654334,933337,519339,992341,864346,549325,035316,524283,878249,567241,260242,251236,462233,125207,831192,726156,479158,179162,556143,233120,287134,1400130,90200
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
617,060
620,805
611,698
618,588
635,652
652,747
667,719
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000667,719652,747635,652618,588611,698620,805617,06000000000000000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
12,744
12,169
12,064
11,766
10,632
10,279
10,147
10,161
11,022
19,564
0
0
0
0
0
0
0
0
0
0
0
0
0
7,215
9,436
0
8,386
0
0
0
0008,38609,4367,215000000000000019,56411,02210,16110,14710,27910,63211,76612,06412,16912,74400000000000000000000000000000000
> Total Stockholder Equity
0
0
153,918
0
155,297
150,917
142,376
143,149
225,551
227,699
215,347
213,386
215,131
216,554
202,887
276,292
276,752
281,729
267,321
269,966
271,744
277,706
264,122
268,566
270,195
313,934
296,483
400,459
406,074
412,258
389,074
556,574
561,311
566,593
539,780
545,330
548,159
552,157
522,482
528,334
532,426
535,739
504,647
510,756
513,562
517,543
505,907
514,394
474,234
485,045
488,314
497,176
497,374
500,128
466,529
471,159
473,604
478,678
433,204
438,294
434,118
438,855
438,855434,118438,294433,204478,678473,604471,159466,529500,128497,374497,176488,314485,045474,234514,394505,907517,543513,562510,756504,647535,739532,426528,334522,482552,157548,159545,330539,780566,593561,311556,574389,074412,258406,074400,459296,483313,934270,195268,566264,122277,706271,744269,966267,321281,729276,752276,292202,887216,554215,131213,386215,347227,699225,551143,149142,376150,917155,2970153,91800
   Common Stock
0
0
22,770
0
22,770
22,770
22,770
22,770
34,120
34,120
34,120
34,120
34,120
34,120
34,120
45,493
45,493
45,493
45,493
45,493
45,493
45,493
45,493
45,493
45,493
50,043
50,043
62,003
62,003
62,003
62,003
79,718
79,718
79,718
79,718
79,718
79,718
79,718
79,718
79,718
79,718
79,718
79,718
79,718
79,718
79,718
79,718
79,718
80,580
80,580
81,343
81,343
81,343
81,343
81,343
81,343
81,343
81,343
81,343
81,343
81,343
81,343
81,34381,34381,34381,34381,34381,34381,34381,34381,34381,34381,34381,34380,58080,58079,71879,71879,71879,71879,71879,71879,71879,71879,71879,71879,71879,71879,71879,71879,71879,71879,71862,00362,00362,00362,00350,04350,04345,49345,49345,49345,49345,49345,49345,49345,49345,49345,49334,12034,12034,12034,12034,12034,12034,12022,77022,77022,77022,770022,77000
   Retained Earnings Total Equity00000000000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income -3,735-3,772-2,959-3,137-3,137-3,177-2,373-2,869000000000000000000000000000000000000000000000000000000
   Capital Surplus 00000000000000000000000000000000000000000000000000000000000000
   Treasury Stock00000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
-3,939
0
-4,317
23,572
15,031
15,804
55,244
64,267
64,285
64,285
65,500
64,285
46,860
106,850
105,384
106,635
108,539
109,142
110,052
109,682
108,787
108,857
124,279
160,569
159,240
247,259
247,259
247,259
247,259
391,172
391,194
391,194
391,194
391,194
391,194
391,194
391,194
391,194
391,194
391,194
391,194
391,194
380,467
380,467
380,467
380,467
340,508
340,508
346,071
346,071
346,071
346,071
346,071
346,071
346,071
346,071
335,573
335,573
335,573
335,573
335,573335,573335,573335,573346,071346,071346,071346,071346,071346,071346,071346,071340,508340,508380,467380,467380,467380,467391,194391,194391,194391,194391,194391,194391,194391,194391,194391,194391,194391,194391,172247,259247,259247,259247,259159,240160,569124,279108,857108,787109,682110,052109,142108,539106,635105,384106,85046,86064,28565,50064,28564,28564,26755,24415,80415,03123,572-4,3170-3,93900



Balance Sheet

Currency in EUR. All numbers in thousands.




Cash Flow

Currency in EUR. All numbers in thousands.