Financials HAL Trust

Equities

HAL

BMG455841020

Investment Holding Companies

Real-time Euronext Amsterdam 03:43:29 2024-05-29 am EDT 5-day change 1st Jan Change
116.6 EUR 0.00% Intraday chart for HAL Trust -1.02% +2.46%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 12,009 9,984 12,638 10,631 10,282 10,534 - -
Enterprise Value (EV) 1 14,040 12,642 10,882 11,339 10,282 9,216 8,075 10,534
P/E ratio 17.9 x 15.7 x 2.94 x 16.3 x 10.2 x 9.57 x 9.81 x -
Yield 4.03% 2.01% 3.91% 4.17% - 2.35% 2.35% 2.44%
Capitalization / Revenue 2.13 x 1.78 x 1.13 x 0.96 x 0.79 x 0.81 x 0.77 x -
EV / Revenue 2.49 x 2.26 x 0.97 x 1.03 x 0.79 x 0.71 x 0.59 x -
EV / EBITDA 9.31 x 10.2 x 2.09 x 4.64 x 3.5 x 3.3 x 2.95 x -
EV / FCF 15.1 x 11.7 x 14.4 x 20.8 x - 4.61 x 4.36 x -
FCF Yield 6.62% 8.56% 6.96% 4.8% - 21.7% 22.9% -
Price to Book 0.88 x 1.25 x 1.02 x 0.82 x - 0.77 x 0.74 x -
Nbr of stocks (in thousands) 88,544 88,544 88,550 88,593 90,352 90,344 - -
Reference price 2 135.6 112.8 142.7 120.0 113.8 116.6 116.6 116.6
Announcement Date 3/26/20 3/30/21 3/30/22 3/29/23 3/27/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 5,645 5,603 11,196 11,043 13,058 12,939 13,625 -
EBITDA 1 1,509 1,235 5,208 2,446 2,934 2,795 2,741 -
EBIT 1 966.2 693 4,465 806.9 1,603 1,750 1,669 -
Operating Margin 17.12% 12.37% 39.88% 7.31% 12.28% 13.53% 12.25% -
Earnings before Tax (EBT) 696.9 - - - - - - -
Net income 1 665.5 628.5 4,270 646.8 1,000 1,103 1,076 -
Net margin 11.79% 11.22% 38.14% 5.86% 7.66% 8.52% 7.9% -
EPS 2 7.592 7.189 48.58 7.370 11.17 12.18 11.89 -
Free Cash Flow 1 929.4 1,082 757.3 544 - 1,999 1,852 -
FCF margin 16.46% 19.3% 6.76% 4.93% - 15.45% 13.6% -
FCF Conversion (EBITDA) 61.61% 87.59% 14.54% 22.24% - 71.52% 67.58% -
FCF Conversion (Net income) 139.65% 172.09% 17.73% 84.11% - 181.23% 172.17% -
Dividend per Share 2 5.463 2.265 5.580 5.000 - 2.745 2.745 2.850
Announcement Date 3/26/20 3/30/21 3/30/22 3/29/23 3/27/24 - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt 1 2,031 2,658 - 708 - - -
Net Cash position 1 - - 1,756 - - 1,318 2,459
Leverage (Debt/EBITDA) 1.346 x 2.152 x - 0.2894 x - - -
Free Cash Flow 1 929 1,082 757 544 - 1,999 1,853
ROE (net income / shareholders' equity) 8.57% 7.85% 41.8% 3.42% - 8% 7.7%
ROA (Net income/ Total Assets) 3.67% - - - - - -
Assets 1 18,117 - - - - - -
Book Value Per Share 2 155.0 89.90 140.0 147.0 - 152.0 157.0
Cash Flow per Share 21.50 - - - - - -
Capex 1 953 856 731 895 - 248 253
Capex / Sales 16.88% 15.28% 6.53% 8.1% - 1.91% 1.86%
Announcement Date 3/26/20 3/30/21 3/30/22 3/29/23 3/27/24 - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
116.6 EUR
Average target price
141.3 EUR
Spread / Average Target
+21.21%
Consensus

Annual profits - Rate of surprise