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HAL Trust, (HAL) Fair Value & Analysis

Financial Services · NL · Market cap €15.5B

HT HAL Trust, HAL · AS
Price€162.60
Fair Value€242.33
Upside+49.0%
Quality84/100
Evidence: Medium Range €181.75 – €302.91

Fair value as of: Jun 26, 2026

From 26 valuation models · updated 3 days ago

Fair value updated Jun 26, 2026 — revised from €300.67 to €242.33 (−19.4%) since Jun 24, 2026. Share price −4.6% over the past month.

Price vs Fair Value (12 months)

€175.93 €119.69 Fair Value €242.33 Jul 2025 Jun 2026

12‑month range €119.69 – €175.93 · fair‑value band €181.75 – €302.91 · the €162.60 price screens below the €242.33 fair value. As of Jun 26, 2026.

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Analysis

HAL Trust, (HAL) currently trades at €162.60, while our model-based Fair Value estimate is €242.33 — implying the stock looks roughly 49.0% undervalued today. We read business quality at 84/100 (high quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium) — always confirm before acting.

Over the trailing twelve months, HAL Trust, generated revenue of €13.2B at a net margin of 12.1%. Revenue declined 4.7% year over year. It earns a return on equity of 11.2%. Net debt stands at €455M. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) €13.2B
Revenue growth (YoY) -4.7%
Net margin 12.1%
Return on equity 11.2%
Free cash flow €1.5B FY2025
P/E ratio 9.7
More key figures
Operating margin 14.1%
EPS (TTM) €17.68
Dividend yield 2.0%
EPS growth (YoY) -18.1%
Net debt €455M FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

HAL Trust, together with its subsidiaries, operates through multi-sectors in Asia, the Middle East, the Netherlands, the United States, Canada, and internationally. The company offers maritime services; emergency response and salvage-related services; medical aid products and services; furniture and fit-out services; a financial newspaper under the Het Financieele Dagblad; a radio station under the BNR Nieuwsradio; information and data services under the Company.info and Investment & Pensions Europe; and processing, software, and payment solutions for the healthcare sector. It also provides hearing aids; consumer electronics and domestic appliances; energy services under the Coolblue Energy brand; storage and infrastructure solutions; and prescription frames, outdoor eyewear, goggles, and helmets. In addition, the company is involved in the residential construction, utility construction, project development, and renovation activities; manufacturing, fabricating, and selling composit…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

HAL Trust, reported revenue of €12.5B in FY2025 versus €7.3B in FY2021, a compound +14.4%/yr. Reported net income was €1.6B in FY2025, compounding −21.8%/yr from FY2021.

Revenue +14.4%/yr
FY21 €7.3B
FY22 €10.0B
FY23 €13.0B
FY24 €12.5B
FY25 €12.5B
Net income −21.8%/yr
FY21 €4.3B
FY22 €647M
FY23 €1.0B
FY24 €1.2B
FY25 €1.6B

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Frequently asked questions

Is HAL Trust, (HAL) undervalued?
As of Jun 26, 2026, our model estimates a fair value of €242.33 versus a price of €162.60 — about +49% (undervalued). Model-based estimate, not financial advice.
What is the fair value of HAL?
Our 21-model fair value for HAL Trust, is €242.33 (as of Jun 26, 2026), built from audited fundamentals. The current price is €162.60.
What is the quality score of HAL?
HAL Trust, has a Quality Score of 84/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of HAL Trust, (HAL)?
HAL Trust, reported trailing-twelve-month revenue of about €13.2B (latest available figure, as of Jun 26, 2026).
What is the net profit margin of HAL?
The net profit margin of HAL Trust, is about 12.1%, meaning it keeps roughly 12.1% of revenue as net income. Based on the latest reported figures.
Does HAL Trust, pay a dividend?
HAL Trust, currently shows a dividend yield of about 2.02% relative to its recent price (as of Jun 26, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.