HAL Trust
AEX:HAL

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HAL Trust
AEX:HAL
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Price: 119 EUR
Market Cap: 10.8B EUR
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one HAL stock under the Base Case scenario is 228.54 EUR. Compared to the current market price of 119 EUR, HAL Trust is Undervalued by 48%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

HAL Relative Value
Base Case
228.54 EUR
Undervaluation 48%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

0.9
P/S
P/S
Price to Sales
0.9
vs History
66
vs Industry
77
Median 3Y
0.9
Median 5Y
1.3
Industry
3.1
Forward
0.8
More Details
8.9
P/E
P/E
Price to Earnings
8.9
vs History
61
vs Industry
39
Median 3Y
8.9
Median 5Y
10.6
Industry
14.9
Forward
8.2
More Details
4.1
P/OCF
P/OCF
Price to OCF
4.1
vs History
80
vs Industry
40
Median 3Y
5
Median 5Y
5.1
Industry
9.8
More Details
10.3
P/FCFE
P/FCFE
Price to FCFE
10.3
vs History
60
vs Industry
17
Median 3Y
10.7
Median 5Y
13.7
Industry
12.3
More Details
0.7
P/B
P/B
Price to Book Value
0.7
vs History
87
vs Industry
59
Median 3Y
0.8
Median 5Y
0.8
Industry
1.3
More Details
0.8
EV/S
EV/S
Enterprise Value to Sales
0.8
vs History
61
vs Industry
76
Median 3Y
0.8
Median 5Y
1
Industry
4.7
Forward
0.8
More Details
1.5
EV/GP
EV/GP
Enterprise Value to Gross Profit
1.5
vs History
63
vs Industry
73
Median 3Y
1.5
Median 5Y
2
Industry
6.8
More Details
3.8
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
3.8
vs History
80
vs Industry
50
Median 3Y
6.3
Median 5Y
6.8
Industry
13.7
Forward
3.4
More Details
7.2
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
7.2
vs History
68
vs Industry
47
Median 3Y
7.2
Median 5Y
13.7
Industry
13.9
Forward
5.9
More Details
4
EV/OCF
EV/OCF
Enterprise Value to OCF
4
vs History
74
vs Industry
45
Median 3Y
4.6
Median 5Y
5.4
Industry
12.1
More Details
8.1
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
8.1
vs History
73
vs Industry
37
Median 3Y
11.4
Median 5Y
11.7
Industry
13.3
More Details
0.5
EV/IC
EV/IC
Enterprise Value to IC
0.5
vs History
63
vs Industry
63
Median 3Y
0.5
Median 5Y
0.5
Industry
0.9
More Details

Multiples Across Competitors

HAL Competitors Multiples
HAL Trust Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
MC
HAL Trust
AEX:HAL
10.8B EUR 0.9 8.9 3.8 7.2
US
Berkshire Hathaway Inc
NYSE:BRK.A
1.1T USD 2.9 13.5 16.4 19.9
ZA
Remgro Ltd
JSE:REM
90.5B Zac 0 0 0 0
SE
Investor AB
STO:INVE B
858.9B SEK 11.4 19.8 46.2 46.2
NL
Exor NV
AEX:EXO
18B EUR 1.2 1.2 1.4 1.4
IN
Bajaj Holdings and Investment Ltd
NSE:BAJAJHLDNG
1.5T INR 218.1 22.9 294.9 316.1
SE
Industrivarden AB
STO:INDU A
149.1B SEK 35.9 38.6 37.8 37.8
SE
L E Lundbergforetagen AB (publ)
STO:LUND B
121B SEK 4.1 23.6 20.2 20.2
BE
Groep Brussel Lambert NV
XBRU:GBLB
9B EUR 1.4 68.3 13.3 33.4
BE
Sofina SA
XBRU:SOF
8.4B EUR 6 6.2 6.1 6.1
SA
Kingdom Holding Company SJSC
SAU:4280
29.6B SAR 11.5 20.1 27.2 31.2
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
MC
HAL Trust
AEX:HAL
Average EV/EBITDA: 46.7
3.8
6%
0.6
US
Berkshire Hathaway Inc
NYSE:BRK.A
16.4
N/A N/A
ZA
R
Remgro Ltd
JSE:REM
Not Available
11%
N/A
SE
Investor AB
STO:INVE B
46.2
35%
1.3
NL
Exor NV
AEX:EXO
1.4
N/A N/A
IN
Bajaj Holdings and Investment Ltd
NSE:BAJAJHLDNG
294.9
N/A N/A
SE
Industrivarden AB
STO:INDU A
37.8
N/A N/A
SE
L E Lundbergforetagen AB (publ)
STO:LUND B
20.2
N/A N/A
BE
Groep Brussel Lambert NV
XBRU:GBLB
13.3
9%
1.5
BE
Sofina SA
XBRU:SOF
6.1
N/A N/A
SA
Kingdom Holding Company SJSC
SAU:4280
27.2
N/A N/A

See Also

Summary
HAL intrinsic value, competitors valuation, and company profile.
DCF Valuation
HAL stock valuation using Discount Cash Flow valuation method.
Relative Valuation
HAL stock valuation using valuation multiples.
Wall Street Estimates
HAL price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
HAL stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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