0ND9 Stock Overview

An investment company, focuses on acquiring, managing, and selling investments in corporations and partnerships in Germany. More details

0ND9 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	2/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Rewards

Trading at 82.7% below our estimate of its fair value

Revenue is forecast to grow 37.56% per year

Risk Analysis

Does not have a meaningful market cap (€8M)

Makes less than USD$1m in revenue (€0)

Shareholders have been substantially diluted in the past year

Shares are highly illiquid

+ 1 more risk

My Notes

Capture your thoughts, links and company narrative

H2 Core AG Competitors

Irish Continental Group

LSE:ICGC

UK£730.7m

Mercantile Ports & Logistics

AIM:MPL

UK£4.2m

Sutton Harbour Group

AIM:SUH

UK£12.1m

Clarkson

LSE:CKN

UK£1.4b

Price History & Performance

Summary of share price highs, lows and changes for H2 Core
Historical stock prices
Current Share Price	€0.71
52 Week High	€1.78
52 Week Low	€0.60
Beta	0.80
1 Month Change	18.33%
3 Month Change	-57.49%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-53.59%

Recent updates

Shareholder Returns

	0ND9	GB Shipping	GB Market
7D	-1.4%	-4.3%	3.3%
1Y	n/a	-21.0%	10.6%

Return vs Industry: Insufficient data to determine how 0ND9 performed against the UK Shipping industry.

Return vs Market: Insufficient data to determine how 0ND9 performed against the UK Market.

Price Volatility

Is 0ND9's price volatile compared to industry and market?
0ND9 volatility
0ND9 Average Weekly Movement	n/a
Shipping Industry Average Movement	5.4%
Market Average Movement	4.9%
10% most volatile stocks in GB Market	10.8%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: 0ND9's share price has been volatile over the past 3 months compared to the UK market.

Volatility Over Time: Insufficient data to determine 0ND9's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2006	2	Ulf Jörgensen	h2core.com

H2 Core AG, an investment company, focuses on acquiring, managing, and selling investments in corporations and partnerships in Germany. The company was formerly known as MARNA Beteiligungen AG and changed its name to H2 Core AG in June 2024. H2 Core AG was founded in 2006 and is based in Heidelberg, Germany.

H2 Core AG Fundamentals Summary

How do H2 Core's earnings and revenue compare to its market cap?
0ND9 fundamental statistics
Market cap	€8.40m
Earnings (TTM)	-€301.33k
Revenue (TTM)	n/a

0.0x

P/S Ratio

-27.9x

P/E Ratio

Is 0ND9 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
0ND9 income statement (TTM)
Revenue	€0
Cost of Revenue	€39.86k
Gross Profit	-€39.85k
Other Expenses	€261.48k
Earnings	-€301.33k

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.025
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did 0ND9 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/20 04:01
End of Day Share Price	2025/01/17 00:00
Earnings	2023/12/31
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

H2 Core AG is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Karsten Von Blumenthal	First Berlin Equity Research GmbH

H2 Core LSE:0ND9 Stock Report