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German port operator running container terminals at the Port of Hamburg, plus intermodal rail and logistics services.
German port operator running container terminals at the Port of Hamburg, plus intermodal rail and logistics services.
Earns fees for each container handled on and off ships, trains and trucks, paid by the shipping lines that call at Hamburg, plus intermodal rail fees for the onward leg into Central and Eastern Europe. The City of Hamburg is the majority owner, and in 2024 shipping group MSC became a major co-investor and pledged more volume.
In one line: A German port operator like a Ports America/DP World for Hamburg.
Moat: narrow (installed base, regulatory licence, scale). Strategic port infrastructure and rail-hub position at a major European gateway, but exposed to global trade-volume cycles.
Headquarters: Hamburg, Germany · Founded: 1885 · Employees: 7,269
Size Hamburger Hafen und Logistik (HHFA.DE) is a Germany Industrials company (Other Transportation) with a market value of $1.72B, the 114th largest of 205 Germany companies the cockpit tracks. Shares closed at €21.20 on 6 Nov 2026.
Performance Over six months the shares fell 1.9%, against -2.9% for the median peer and +2.6% for the Germany market (cap-weighted) — 10th highest of 21 in its peer set.
Growth Revenue grew 3.5% over the last twelve months (peer median +4.5%); the operating margin is 7.4% (peer median 15.7%).
Valuation It trades at 1.6× enterprise value to sales against a peer median of 3.0× (6th cheapest of 21).
Capital Return on invested capital runs 0.6 points below its cost of capital (5.0% WACC).
Next results Next results expected around 12 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | €1.78B | €1.76B | €1.60B | €1.45B | €1.58B |
| Revenue growth | — | +10% | +10% | -8% | — |
| Gross profit | €286M | €304M | €272M | €229M | €352M |
| EBITDA | €328M | €278M | €244M | €221M | €355M |
| Net income | -€13.6M | €9.76M | €32.5M | €20.0M | €92.7M |
| Free cash flow | -€130M | -€49.9M | -€48.8M | -€34.0M | €114M |
| Capital expenditure | €400M | €347M | €267M | €277M | €179M |
| Total debt | €1.34B | €1.65B | €1.51B | €1.33B | €1.11B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | HHFA.DE | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -1.4% | 0.0% | 6th lowest of 21 |
| 6-month return | -1.9% | -2.9% | 10th highest of 21 |
| Distance from 52-week high | -9.8% | -15.4% | 6th highest of 21 |
| Revenue growth (TTM) | +3.5% | +4.5% | 10th lowest of 21 |
| Operating margin | 7.4% | 15.7% | 7th lowest of 21 |
| EV / Sales | 1.6× | 3.0× | 6th cheapest of 21 |
| ROIC minus cost of capital | -0.6 pp | -0.1 pp | 11th highest of 21 |
| EV / EBITDA | 8.5× | 12.1× | 4th cheapest of 13 |
| Net debt / EBITDA | 3.6× | 2.1× | 6th most indebted of 13 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Hamburger Hafen und Logistik HHFA.DE | Germany | $1.72B | -2% | +3% | 7% | 1.6× | n/a | n/a |
| Evergreen Aviation Technologies 2645.TW | Taiwan | $1.67B | -8% | +10% | 17% | 3.0× | -1.0% | +11.2% |
| FirstGroup FGP.L | United Kingdom | $1.60B | +40% | -6% | 5% | 0.4× | -7.6% | +1.9% |
| Hainan Strait Shipping 002320.SZ | China | $1.88B | -34% | +4% | 23% | 3.0× | -0.5% | +36.7% |
| Tianjin Port 600717.SS | China | $1.89B | -2% | -8% | 18% | 1.5× | -14.6% | -1.6% |
| Dongguan Development (Holdings) 000828.SZ | China | $1.57B | -3% | -4% | 39% | 8.3× | 0.7% | +4.4% |
| Westshore Terminals Investment WTE.TO | Canada | $1.90B | +16% | -16% | 33% | 9.0× | 11.9% | -2.6% |
| Sotetsu 9003.T | Japan | $1.55B | -4% | +9% | 13% | 2.1× | n/a | n/a |
| Shreeji Shipping Global SHREEJISPG.NS | India | $1.53B | +111% | +21% | 24% | 19.1× | n/a | n/a |
| Hutchison Port Holdings Trust NS8U.SI | Singapore | $1.96B | +7% | +5% | 42% | 3.8× | -10.5% | +1.7% |
| Fujian Expressway Development 600033.SS | China | $1.51B | +1% | -3% | 47% | 4.0× | -16.1% | +5.6% |
| Shenzhen International 0152.HK | Hong Kong | $1.49B | -35% | +15% | 11% | 5.8× | n/a | n/a |
| NANKAI 9044.T | Japan | $2.03B | 0% | +7% | 15% | 2.8× | n/a | n/a |
| Henan Zhongyuan Expressway 600020.SS | China | $1.43B | +5% | -11% | 20% | 7.3× | 5.9% | +5.4% |
| Shenzhen Airport 000089.SZ | China | $2.08B | -5% | +5% | 17% | 3.5× | -6.4% | +11.4% |
| Nishi-Nippon Railroad 9031.T | Japan | $1.37B | 0% | +10% | 7% | 1.1× | n/a | n/a |
| Comfortdelgro C52.SI | Singapore | $2.19B | -10% | +9% | 9% | 0.8× | -8.2% | +9.3% |
| Nagoya Railroad 9048.T | Japan | $2.38B | +8% | -2% | 5% | 1.6× | n/a | n/a |
| Xizang Tianlu 600326.SS | China | $1.24B | -35% | -8% | 0% | 3.5× | 24.9% | -13.0% |
| SIA Engineering S59.SI | Singapore | $2.51B | -10% | -3% | 3% | 2.1× | 19.3% | +26.3% |
| Xiamen Xiangyu 600057.SS | China | $2.59B | -14% | +9% | 1% | 0.2× | n/a | n/a |