HAL Trust
OTC:HALFF

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HAL Trust
OTC:HALFF
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Price: 196.5 USD Market Closed
Market Cap: $17.8B

EV/OCF

5.5
Current
23%
More Expensive
vs 3-y median of 4.5

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
5.5
=
Enterprise Value
$14.6B
/
Operating Cash Flow
€2.7B

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
5.5
=
Enterprise Value
$14.6B
/
Operating Cash Flow
€2.7B

Valuation Scenarios

HAL Trust is trading above its 3-year average

If EV/OCF returns to its 3-Year Average (4.5), the stock would be worth $159.99 (19% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-19%
Maximum Upside
+31%
Average Upside
2%
Scenario EV/OCF Value Implied Price Upside/Downside
Current Multiple 5.5 $196.5
0%
3-Year Average 4.5 $159.99
-19%
5-Year Average 5.2 $183.91
-6%
Industry Average 5.6 $200.45
+2%
Country Average 7.2 $256.53
+31%

Forward EV/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward EV/OCF

Peer Comparison

All Multiples
EV/OCF
P/E
All Countries
Close
Market Cap EV/OCF P/E
MC
HAL Trust
OTC:HALFF
15.5B USD 5.5 9.7
US
Berkshire Hathaway Inc
NYSE:BRK.A
1T USD 24.1 15.4
SE
Investor AB
STO:INVE B
1.1T SEK 56 7.3
ZA
Remgro Ltd
JSE:REM
110.5B ZAR 20.6 33.4
SE
Industrivarden AB
STO:INDU A
213.8B SEK 23.6 5.3
NL
Exor NV
AEX:EXO
14.1B EUR 5.7 -3.8
SE
L E Lundbergforetagen AB (publ)
STO:LUND B
137.5B SEK 18.6 11.4
IN
Bajaj Holdings and Investment Ltd
NSE:BAJAJHLDNG
1.1T INR -17.4 12.9
BE
Groep Brussel Lambert NV
XBRU:GBLB
9.8B EUR 17 -15.7
BE
Sofina SA
XBRU:SOF
8.1B EUR -10.9 74.5
SA
Kingdom Holding Company SJSC
SAU:4280
29.6B SAR 31 17.4
P/E Multiple
Earnings Growth PEG
MC
HAL Trust
OTC:HALFF
Average P/E: 20.8
9.7
-7%
N/A
US
Berkshire Hathaway Inc
NYSE:BRK.A
15.4
-7%
N/A
SE
Investor AB
STO:INVE B
7.3
-31%
N/A
ZA
R
Remgro Ltd
JSE:REM
33.4
49%
0.7
SE
Industrivarden AB
STO:INDU A
5.3
N/A N/A
NL
Exor NV
AEX:EXO
Negative Multiple: -3.8 N/A N/A
SE
L E Lundbergforetagen AB (publ)
STO:LUND B
11.4
N/A N/A
IN
Bajaj Holdings and Investment Ltd
NSE:BAJAJHLDNG
12.9
N/A N/A
BE
Groep Brussel Lambert NV
XBRU:GBLB
Negative Multiple: -15.7 N/A N/A
BE
Sofina SA
XBRU:SOF
74.5
N/A N/A
SA
Kingdom Holding Company SJSC
SAU:4280
17.4
0%
N/A

Market Distribution

In line with most companies in Monaco
Percentile
48th
Based on 23 companies
48th percentile
6.9
Low
4.3 — 5.6
Typical Range
5.6 — 20.3
High
20.3 —
Distribution Statistics
Monaco
Min 4.3
30th Percentile 5.6
Median 7.2
70th Percentile 20.3
Max 22.8

HAL Trust
Glance View

HAL Trust, a storied investment fund with roots dating back to the nineteenth century, has evolved into a giant in the realm of strategic holdings and diverse investments. Initially beginning its journey with investments in shipping, HAL Trust has transformed its portfolio over the years to encompass a broad range of sectors, including retail, real estate, media, and more. The Trust operates under a unique decentralized structure, offering it agility and flexibility. This approach enables HAL to foster growth and resilience across its various companies. Their philosophy centers around building value through long-term commitments, selecting businesses that not only promise financial returns but also align with their vision for sustainable and responsible growth. Driving its revenue model, HAL Trust employs a strategy of fostering and managing a diversified collection of interests in public and private companies. The essence of its business lies in acquiring significant stakes in well-managed businesses, both as a nurturing partner and guide. By maintaining a careful balance between buying new stakes and disposing of mature ones, HAL is able to repeatedly recycle capital, ensuring that resources are allocated to where they can be most productive. Through dividends, rental income from its real estate assets, and capital gains from its investment activities, HAL Trust generates substantial earnings. The company’s expertise in navigating various industries and markets highlights its capability to weather economic shifts while continuously creating value for its shareholders.

HALFF Intrinsic Value
344.64 USD
Undervaluation 43%
Intrinsic Value
Price $196.5
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