Helical Bar Plc (HLCL) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Helical Bar Plc stock £0.85, price £1.92, that is 55.7% below the price, quality 53 out of 100. Rating: strongly overvalued. Calculated from audited financials with 10 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
60‑month range £1.66 – £4.30 · fair‑value band £0.6400 – £1.06 · the £1.92 price screens above the £0.8500 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
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Helical plc engages in the development, investment, and rental of real estate properties in the United Kingdom. It operates through two segments: Investment and Development.
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The company's property portfolio includes multi-let offices, office refurbishments and developments, restaurant, retail, residential, and warehouse spaces. The company was formerly known as Helical Bar plc and changed its name to Helical plc in July 2016.
Helical plc was incorporated in 1919 and is based in London, the United Kingdom.
Stock analysis
Helical Bar Plc (HLCL) currently trades at £1.92, while our model-based Fair Value estimate is £0.8500, 56% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Asset-Based group reads highest at a median of £2.51 per share, and 3 of the 8 models we run sit above the £1.92 price.
Bear case: the Dividend Discount group reads lowest at £0.4650, and 5 of the 8 models stay below the price. Data coverage for this calculation is high.
Scenario range: £0.6400 (bear) to £1.06 (bull), the price of £1.92 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 53/100 (solid quality), in the Real Estate sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Helical Bar Plc reported revenue of £33.3M in FY2026 versus £96.8M in FY2022, a compound −23.4%/yr. Reported net income was £5.7M in FY2026, compounding −49.8%/yr from FY2022.
Key figures
Market cap £236M Small · P/E ratio 39.6 · P/S ratio 6.99 · EPS (TTM) £0.0485 · Dividend yield 5.9% · Net margin 16.8% · Return on equity 1.3% · Return on assets (EBIT) −1.9% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 49 out of 100 (low confidence).
What moves the price
The share trades about 8% below its 52-week high and 10% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at −16% fair-value upside, at −56%, HLCL screens richer than that median.
Fair Value models
Bear£0.6400Fair Value £0.8500Bull£1.06
Price £1.92 · Downside -55.7%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.38/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+4.0%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−15.1%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+1.6%
Start year 2021 (pandemic). Over 10 years: −14.9% a year
Revenue growth 40 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+3.9%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−26.1%
Earnings growth per share plus dividend.
Earnings per share, growth per year−32.0%
Dividend (yield on the price)5.9%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−32.0% vs −22.7%, slowing
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.103% → 28%
Pace: the 5-year rate starts in 2021 (pandemic)
⚠ Revenue per share shrinking 13.4%/yr over ~10Y (margins eroding too) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Growth Forecast
A lot of optimism in the price
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
more than +80 %
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+6.3%
Yearly sales growth analysts expect, extended to five years.
After inflation (UK: IMF forecast 2.3% a year to 2030, 3.3% from 2016 to 2025) that is about +3.9% a year for the forecasts.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Real Estate Services · 472 stocks
Beats the industry median on 5/13 measures
Overall it trails its industry peers.
Valuation
Quality Score53 · Below median
Fair Value upside−55.7% · Bottom 25%
Profitability
Return on equity (12 months)1.3% · Below median
Return on assets0.9% · Below median
Net margin (12 months)16.8% · Above median
Operating margin (12 months)25.7% · Above median
Growth and dividend
Revenue growth (quarter YoY)17.2% · Top 25%
Dividend yield (12 months)5.9% · Above median
Balance sheet
Debt / equity0.41× · Above median
Valuation Multiplesvs Real Estate Services median · lower = cheaper
P/E (12 months)39.6× · Priciest 25%
P/B0.55× · Cheaper than median
P/S (12 months)6.99× · Priciest 25%
EV/EBITDA36.3× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 55
FUTURE (revenue growth)86· sector 19
PAST (return on equity)5· sector 19
HEALTH (low debt)80· sector 83
DIVIDEND (yield)100· sector 66
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Helical Bar Plc Fair Value". https://www.fairvalue-calculator.com/stock/HLCL
Frequently asked questions
Is Helical Bar Plc (HLCL) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of £0.8500 versus a price of £1.92, about 56% lower (overvalued).
What is the fair value of HLCL?
Our model-based fair value for Helical Bar Plc is £0.8500 (as of Nov 7, 2026), built from audited fundamentals. The current price: £1.92.
What is the quality score of HLCL?
Helical Bar Plc has a Quality Score of 53/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Helical Bar Plc (HLCL)?
Our model-based price target is the fair value of £0.8500 (as of Nov 7, 2026) from 10 valuation models. Cautious scenario £0.6400, optimistic scenario £1.06. It is a calculation from audited fundamentals, not an analyst target.
What is the Helical Bar Plc stock forecast for 2026?
Our models put fair value at £0.8500, about 56% lower versus a price of £1.92 (overvalued). Cautious scenario £0.6400, optimistic scenario £1.06. The calculation is refreshed regularly with new filings.
What is the revenue of Helical Bar Plc (HLCL)?
Helical Bar Plc reported trailing-twelve-month revenue of about £33.7M (latest available figure, as of Nov 7, 2026).
Does Helical Bar Plc pay a dividend?
Helical Bar Plc currently shows a dividend yield of 5.86% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of Helical Bar Plc (HLCL) and when is the ex-dividend date?
Helical Bar Plc pays a dividend of £0.113 per share a year, a dividend yield of 5.9%. The last ex-dividend date was Jul 20, 2026. A dividend has been paid every year since at least 1993. Free cash flow covers the dividend 0.02 times. Our assessment: Pays more than it earns. The company pays out more in dividends than it earns, and free cash flow clearly does not cover the dividend either. It may need to be cut unless profits recover.
What growth is priced into Helical Bar Plc (HLCL)?
For today's price to be fair in a discounted-cash-flow model, Helical Bar Plc would have to grow free cash flow by more than 80 % per year for five years (discount rate 13.0 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +1.6 % per year. As of Nov 7, 2026.
What discount rate (WACC) does the fair value of HLCL use?
Our models discount Helical Bar Plc at 13.0 %: a base by market capitalisation (micro), damped by beta 0.91, country premium for United Kingdom. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Helical Bar Plc that is more than 80 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (13.0 %) and the same formula as our fair value.
How much growth has Helical Bar Plc (HLCL) delivered so far?
Over the past 5 years revenue at Helical Bar Plc grew +1.6 % a year. The price currently implies free-cash-flow growth of more than 80 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Helical Bar Plc (HLCL) growing?
The median revenue growth in the sector is +2.7 % a year. That is the yardstick for the growth priced into Helical Bar Plc (more than 80 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Helical Bar Plc (HLCL)?
The free-cash-flow yield on the price is 0.11 %: that much free cash flow Helical Bar Plc produces per unit of market value. When it exceeds the discount rate of our models (13.0 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Helical Bar Plc (HLCL)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Helical Bar Plc it is £0.8500 per share (as of Nov 7, 2026), against a price of £1.92. It is the blended result of 10 valuation models in 5 families (DCF Models, Dividend Discount, Multiples, Asset-Based, Economic Profit).
Is Helical Bar Plc stock overvalued or undervalued in 2026?
As of Nov 7, 2026, HLCL trades above its calculated fair value: price £1.92, fair value £0.8500, a gap of about −56% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of HLCL?
No. The price is what the market pays today (£1.92); the fair value is what the company's own numbers justify (£0.8500). For Helical Bar Plc the two are £1.07 per share apart. That gap is exactly why we show both numbers side by side.
How much is Helical Bar Plc worth?
The market values Helical Bar Plc at about £236M (market capitalisation, as of Nov 7, 2026). Per share that is £1.92; our models calculate a fair value of £0.8500 per share.
What do the bullish and bearish scenarios say about HLCL?
Our models span a range for Helical Bar Plc: cautious scenario £0.6400, base £0.8500, optimistic £1.06 per share (as of Nov 7, 2026, price £1.92). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of HLCL?
Helical Bar Plc trades at a price-to-earnings ratio of 39.6 (as of Nov 7, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of £0.8500 is built from several models across several years. Other multiples: P/B 0.6, P/S 7.0, EV/EBITDA 36.3.
How solid is the balance sheet of Helical Bar Plc (HLCL)?
Balance-sheet figures for Helical Bar Plc (as of Nov 7, 2026): return on equity 1.3%, debt of 0.41 per unit of equity. They feed the Quality Score of 53/100, which measures business quality independently of the share price.
How far is HLCL from its 52-week high?
Helical Bar Plc trades at £1.92, about 8% below its 52-week high of £2.08 and 10% above the low of £1.74 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of £0.8500 is for.
Which stocks are comparable to Helical Bar Plc?
From the same area (Real Estate) we also value CBRE Group, Cellnex Telecom, S.A, KE Holdings, Swire Properties Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Helical Bar Plc stock attractive at the current price?
The data as of Nov 7, 2026: price £1.92, calculated fair value £0.8500 (−56%), Quality Score 53/100, from 10 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of HLCL calculated?
We run Helical Bar Plc through 10 models from 5 families: DCF Models, Dividend Discount, Multiples, Asset-Based, Economic Profit. Every model gets the same audited fundamentals; the fair value of £0.8500 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Helical Bar Plc itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Helical Bar Plc (HLCL)?
The closing price on Nov 6, 2026 was £1.92. Our model-based fair value is £0.8500, about 56% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Helical Bar Plc right now?
The price sits above even our optimistic bull case (£1.06). The favourable scenario is already priced in. Solid but not exceptional quality (53/100) and above fair value, neither a clear bargain nor a standout compounder. As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Key figures of Helical Bar Plc
How large is the market capitalisation of Helical Bar Plc (HLCL)?
The market capitalisation of Helical Bar Plc is £236M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Helical Bar Plc (HLCL)?
The price-to-sales ratio of Helical Bar Plc is 6.99 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Helical Bar Plc (HLCL)?
Earnings per share at Helical Bar Plc are £0.0485 (price ÷ EPS = P/E 39.6). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Helical Bar Plc (HLCL)?
The dividend yield of Helical Bar Plc is 5.9%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Helical Bar Plc (HLCL)?
The net margin of Helical Bar Plc is 16.8% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Helical Bar Plc (HLCL)?
The return on equity (ROE) of Helical Bar Plc is 1.3% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Helical Bar Plc (HLCL)?
On an EBIT basis the return on assets of Helical Bar Plc is −1.9% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Helical Bar Plc (HLCL)?
The operating margin of Helical Bar Plc is 25.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Helical Bar Plc (HLCL)?
Revenue at Helical Bar Plc is growing +17.2% versus a year earlier (3y avg −15.1%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Helical Bar Plc (HLCL)?
Earnings per share at Helical Bar Plc are growing −83.7% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Helical Bar Plc (HLCL) carry?
The net debt of Helical Bar Plc is £142M (fiscal year 2026). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Nov 7, 2026