Halma plc provides technology solutions in the safety, health, and environmental markets.
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£28.85|
|52 Week High||UK£21.58|
|52 Week Low||UK£31.84|
|1 Month Change||-5.22%|
|3 Month Change||4.11%|
|1 Year Change||16.57%|
|3 Year Change||122.78%|
|5 Year Change||172.68%|
|Change since IPO||4,311.81%|
Recent News & Updates
Should You Be Adding Halma (LON:HLMA) To Your Watchlist Today?
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
Returns On Capital At Halma (LON:HLMA) Have Hit The Brakes
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
|HLMA||GB Electronic||GB Market|
Return vs Industry: HLMA matched the UK Electronic industry which returned 16.9% over the past year.
Return vs Market: HLMA underperformed the UK Market which returned 22.9% over the past year.
Stable Share Price: HLMA is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: HLMA's weekly volatility (3%) has been stable over the past year.
About the Company
Halma plc provides technology solutions in the safety, health, and environmental markets. It operates through four segments: Process Safety, Infrastructure Safety, Environmental & Analysis, and Medical. The Process Safety segment offers specialized interlocks that control critical processes safely; instruments that detect hazardous gases; and explosion protection and corrosion monitoring systems.
Halma Fundamentals Summary
|HLMA fundamental statistics|
Is HLMA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|HLMA income statement (TTM)|
|Cost of Revenue||UK£662.30m|
Last Reported Earnings
Mar 31, 2021
Next Earnings Date
Nov 18, 2021
|Earnings per share (EPS)||0.54|
|Net Profit Margin||15.43%|
How did HLMA perform over the long term?See historical performance and comparison
0.6%Current Dividend Yield
Is Halma undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: HLMA (£28.85) is trading above our estimate of fair value (£17.71)
Significantly Below Fair Value: HLMA is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: HLMA is poor value based on its PE Ratio (53.7x) compared to the UK Electronic industry average (36x).
PE vs Market: HLMA is poor value based on its PE Ratio (53.7x) compared to the UK market (21.4x).
Price to Earnings Growth Ratio
PEG Ratio: HLMA is poor value based on its PEG Ratio (6.9x)
Price to Book Ratio
PB vs Industry: HLMA is overvalued based on its PB Ratio (9.4x) compared to the GB Electronic industry average (2.6x).
How is Halma forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HLMA's forecast earnings growth (7.8% per year) is above the savings rate (0.9%).
Earnings vs Market: HLMA's earnings (7.8% per year) are forecast to grow slower than the UK market (13% per year).
High Growth Earnings: HLMA's earnings are forecast to grow, but not significantly.
Revenue vs Market: HLMA's revenue (7.6% per year) is forecast to grow faster than the UK market (4.9% per year).
High Growth Revenue: HLMA's revenue (7.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HLMA's Return on Equity is forecast to be low in 3 years time (18.4%).
How has Halma performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HLMA has high quality earnings.
Growing Profit Margin: HLMA's current net profit margins (15.4%) are higher than last year (13.8%).
Past Earnings Growth Analysis
Earnings Trend: HLMA's earnings have grown by 11.5% per year over the past 5 years.
Accelerating Growth: HLMA's earnings growth over the past year (10.3%) is below its 5-year average (11.5% per year).
Earnings vs Industry: HLMA earnings growth over the past year (10.3%) underperformed the Electronic industry 10.3%.
Return on Equity
High ROE: HLMA's Return on Equity (17.4%) is considered low.
How is Halma's financial position?
Financial Position Analysis
Short Term Liabilities: HLMA's short term assets (£574.1M) exceed its short term liabilities (£248.0M).
Long Term Liabilities: HLMA's short term assets (£574.1M) exceed its long term liabilities (£462.3M).
Debt to Equity History and Analysis
Debt Level: HLMA's debt to equity ratio (27.9%) is considered satisfactory.
Reducing Debt: HLMA's debt to equity ratio has reduced from 46.5% to 27.9% over the past 5 years.
Debt Coverage: HLMA's debt is well covered by operating cash flow (85.3%).
Interest Coverage: HLMA's interest payments on its debt are well covered by EBIT (24.6x coverage).
What is Halma current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HLMA's dividend (0.61%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.4%).
High Dividend: HLMA's dividend (0.61%) is low compared to the top 25% of dividend payers in the UK market (4.02%).
Stability and Growth of Payments
Stable Dividend: HLMA is not paying a notable dividend for the UK market, therefore no need to check if payments are stable.
Growing Dividend: HLMA is not paying a notable dividend for the UK market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: HLMA is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of HLMA's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Andrew Williams (54 yo)
Mr. Andrew John Williams has been the Group Chief Executive Officer of Halma plc since February 2005 and has been Member its Executive Board since April 2002. Mr. Williams serves as Chief Executive of a FT...
CEO Compensation Analysis
Compensation vs Market: Andrew's total compensation ($USD4.17M) is about average for companies of similar size in the UK market ($USD3.87M).
Compensation vs Earnings: Andrew's compensation has been consistent with company performance over the past year.
Experienced Management: HLMA's management team is considered experienced (2.1 years average tenure).
Experienced Board: HLMA's board of directors are considered experienced (5.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: HLMA insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Halma plc's employee growth, exchange listings and data sources
- Name: Halma plc
- Ticker: HLMA
- Exchange: LSE
- Founded: 1894
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: UK£10.927b
- Shares outstanding: 378.75m
- Website: https://www.halma.com
Number of Employees
- Halma plc
- Misbourne Court
- Rectory Way
- HP7 0DE
- United Kingdom
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/16 17:52|
|End of Day Share Price||2021/10/15 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.