HAL Trust
HAL Trust, through its subsidiaries, primarily owns and operates optical retail chains. The last earnings update was 19 days ago. More info.
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HAL Share Price and Events
7 Day Returns
1 Year Returns
HAL Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| HAL Trust (HAL) | 0.7% | 3.2% | 1.2% | -6.6% | -23.7% | 42.7% |
| Europe Diversified Financial | 1.3% | 4.4% | 7.1% | -4.9% | 17.5% | 46.8% |
| NL Market | 1% | 4.3% | 11% | 3% | 24.5% | 33.5% |
1 Year Return vs Industry and Market
- HAL underperformed the Diversified Financial industry which returned -4.9% over the past year.
- HAL underperformed the Market in Netherlands which returned 3% over the past year.
Price Volatility
Related Companies
Sorry, no analysis for HAL Trust's competitors could be found in our database.
HAL Value
Is HAL Trust undervalued based on future cash flows and its price relative to the stock market?
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
HAL Trust
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for HAL Trust.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | Excess Returns Model | |
| Stable EPS |
Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity = €91.96 * 9.3% |
€8.51 |
| Book Value of Equity per Share | Median Book Value from the past 5 years. | €91.96 |
| Discount Rate (Cost of Equity) | See below | 5.8% |
| Perpetual Growth Rate | 10-Year NL Government Bond Rate | 0.4% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year NL Govt Bond Rate | 0.4% |
| Equity Risk Premium | S&P Global | 6% |
| Diversified Financial Unlevered Beta | Simply Wall St/ S&P Global | 0.68 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.68 (1 + (1- 21%) (32.66%)) |
0.903 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
0.9 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.37% + (0.903 * 5.96%) |
5.75% |
Discounted Cash Flow Calculation for ENXTAM:HAL using Excess Returns Model Model
The calculations below outline how an intrinsic value for HAL Trust is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.
In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.
The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.
Note the calculations below are per share.
See our documentation to learn about this calculation.
| Calculation | Result | |
|---|---|---|
| Excess Returns |
= (Stable Return on equity – Cost of equity) (Book Value of
Equity per share)
= (9.3% – 5.75%) * €91.96) |
€3.23 |
| Terminal Value of Excess Returns |
= Excess Returns / (Cost of Equity -
Expected Growth Rate)
= €3.23 / (5.75% - 0.37%) |
€59.94 |
| Value of Equity |
= Book Value per share + Terminal Value of
Excess Returns
= €91.96 + €59.94 |
€151.9 |
| Calculation | Result | |
|---|---|---|
| Value per share (EUR) | From above. | €151.90 |
| Current discount | Discount to share price of
€136.80
= -1 x (€136.80 - €151.90) / €151.90 |
9.9% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- HAL Trust's share price is below the future cash flow value, but not at a moderate discount (< 20%).
- HAL Trust's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for HAL Trust's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
HAL Trust's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in EUR | €1.92 |
| ENXTAM:HAL Share Price ** | ENXTAM (2019-04-18) in EUR | €136.8 |
| Europe Diversified Financial Industry PE Ratio | Median Figure of 34 Publicly-Listed Diversified Financial Companies | 14.81x |
| Netherlands Market PE Ratio | Median Figure of 81 Publicly-Listed Companies | 17.7x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of HAL Trust.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = ENXTAM:HAL Share Price ÷ EPS (both in EUR) = 136.8 ÷ 1.92 |
71.25x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- HAL Trust is overvalued based on earnings compared to the Europe Diversified Financial industry average.
- HAL Trust is overvalued based on earnings compared to the Netherlands market.
Price based on expected Growth
Does
HAL Trust's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 71.25x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts |
40.5%per year |
| Europe Diversified Financial Industry PEG Ratio | Median Figure of 17 Publicly-Listed Diversified Financial Companies | 1.29x |
| Netherlands Market PEG Ratio | Median Figure of 66 Publicly-Listed Companies | 1.59x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 71.25x ÷ 40.5% |
1.76x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- HAL Trust is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on
HAL Trust's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in EUR | €91.96 |
| ENXTAM:HAL Share Price * | ENXTAM (2019-04-18) in EUR | €136.8 |
| Europe Diversified Financial Industry PB Ratio | Median Figure of 53 Publicly-Listed Diversified Financial Companies | 1.19x |
| Netherlands Market PB Ratio | Median Figure of 104 Publicly-Listed Companies | 2.03x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = ENXTAM:HAL Share Price ÷ Book Value per Share (both in EUR) = 136.8 ÷ 91.96 |
1.49x |
* Primary Listing of HAL Trust.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- HAL Trust is overvalued based on assets compared to the Europe Diversified Financial industry average.
Value checks
We assess HAL Trust's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Diversified Financial industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Diversified Financial industry average (and greater than 0)? (1 check) HAL Trust has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
HAL Future Performance
How is HAL Trust expected to perform in the next 1 to 3 years based on estimates from 1 analyst?
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- HAL Trust's earnings growth is expected to exceed the low risk savings rate of 0.4%.
Growth vs Market Checks
- HAL Trust's earnings growth is expected to exceed the Netherlands market average.
- HAL Trust's revenue growth is positive but not above the Netherlands market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| ENXTAM:HAL Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts | 40.5% |
| ENXTAM:HAL Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts | 1.6% |
| Europe Diversified Financial Industry Earnings Growth Rate | Market Cap Weighted Average | 37.4% |
| Europe Diversified Financial Industry Revenue Growth Rate | Market Cap Weighted Average | -0% |
| Netherlands Market Earnings Growth Rate | Market Cap Weighted Average | 8.5% |
| Netherlands Market Revenue Growth Rate | Market Cap Weighted Average | 2.2% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 1 Analyst Estimates (S&P Global) | See Below |
| Date (Data in EUR Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2020-12-31 | 8,616 | 409 | 1 | |
| 2019-12-31 | 8,402 | 375 | 1 |
| Date (Data in EUR Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 8,328 | 1,207 | 155 |
| 2018-09-30 | 8,234 | 1,141 | 182 |
| 2018-06-30 | 8,152 | 1,075 | 210 |
| 2018-03-31 | 8,169 | 1,039 | 300 |
| 2017-12-31 | 8,173 | 1,003 | 391 |
| 2017-09-30 | 8,063 | 1,111 | 530 |
| 2017-06-30 | 7,953 | 1,218 | 670 |
| 2017-03-31 | 7,952 | 1,234 | 770 |
| 2016-12-31 | 7,951 | 1,249 | 871 |
| 2016-09-30 | 8,057 | 1,240 | 796 |
| 2016-06-30 | 8,163 | 1,232 | 721 |
| 2016-03-31 | 8,109 | 1,290 | 676 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 1 Analyst Estimates (S&P Global) | See Below |
All data from HAL Trust Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in EUR Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2020-12-31 | ||||
| 2019-12-31 | 4.49 | 4.49 | 4.49 | 1.00 |
| Date (Data in EUR Millions) | EPS * |
|---|---|
| 2018-12-31 | 1.92 |
| 2018-09-30 | 2.27 |
| 2018-06-30 | 2.62 |
| 2018-03-31 | 3.77 |
| 2017-12-31 | 4.93 |
| 2017-09-30 | 6.72 |
| 2017-06-30 | 8.53 |
| 2017-03-31 | 9.88 |
| 2016-12-31 | 11.25 |
| 2016-09-30 | 10.36 |
| 2016-06-30 | 9.45 |
| 2016-03-31 | 8.92 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess HAL Trust's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
HAL Trust has a total score of 3/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
HAL Past Performance
How has HAL Trust performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- HAL Trust's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
- HAL Trust's 1-year earnings growth is negative, it can't be compared to the 5-year average.
- HAL Trust's 1-year earnings growth is negative, it can't be compared to the Europe Diversified Financial industry average.
Earnings and Revenue History
All data from HAL Trust Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in EUR Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 8,328.40 | 155.30 | 3,463.50 | |
| 2018-09-30 | 8,233.50 | 182.40 | 3,400.65 | |
| 2018-06-30 | 8,151.60 | 209.50 | 3,337.80 | |
| 2018-03-31 | 8,168.90 | 300.00 | 3,316.90 | |
| 2017-12-31 | 8,173.20 | 390.50 | 3,296.00 | |
| 2017-09-30 | 8,063.10 | 530.00 | 3,315.30 | |
| 2017-06-30 | 7,953.00 | 669.50 | 3,334.60 | |
| 2017-03-31 | 7,952.15 | 770.25 | 3,330.40 | |
| 2016-12-31 | 7,951.30 | 871.00 | 3,326.20 | |
| 2016-09-30 | 8,057.00 | 796.20 | 3,334.95 | |
| 2016-06-30 | 8,162.70 | 721.40 | 3,343.70 | |
| 2016-03-31 | 8,108.50 | 675.70 | 3,322.35 | |
| 2015-12-31 | 8,054.30 | 630.00 | 3,301.00 | |
| 2015-09-30 | 7,880.35 | 624.10 | 3,201.90 | |
| 2015-06-30 | 7,706.40 | 618.20 | 3,102.80 | |
| 2015-03-31 | 7,497.85 | 587.40 | 3,052.10 | |
| 2014-12-31 | 7,289.30 | 556.60 | 3,001.40 | |
| 2014-09-30 | 7,167.75 | 519.80 | 2,935.35 | |
| 2014-06-30 | 7,046.20 | 483.00 | 2,869.30 | |
| 2014-03-31 | 6,994.00 | 457.15 | 2,850.25 | |
| 2013-12-31 | 6,941.80 | 431.30 | 2,831.20 | |
| 2013-09-30 | 5,716.60 | 430.35 | 2,268.95 | |
| 2013-06-30 | 5,704.70 | 421.80 | 2,254.80 | |
| 2013-03-31 | 5,039.05 | 415.55 | 2,072.95 | |
| 2012-12-31 | 4,373.40 | 409.30 | 1,891.10 | |
| 2012-09-30 | 4,313.95 | 405.35 | 1,860.75 | |
| 2012-06-30 | 4,257.40 | 401.50 | 1,834.00 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- HAL Trust has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- HAL Trust used its assets less efficiently than the Europe Diversified Financial industry average last year based on Return on Assets.
- HAL Trust's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess HAL Trust's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Diversified Financial industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
HAL Trust has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
HAL Health
How is HAL Trust's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up HAL Trust's finances.
The net worth of a company is the difference between its assets and liabilities.
- HAL Trust is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- HAL Trust's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is covered by short term assets, assets are 1.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from HAL Trust Company Filings, last reported 3 months ago.
| Date (Data in EUR Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 9,910.00 | 3,650.00 | 2,551.20 |
| 2018-09-30 | 9,910.00 | 3,650.00 | 2,551.20 |
| 2018-06-30 | 9,566.90 | 3,732.90 | 2,848.80 |
| 2018-03-31 | 9,566.90 | 3,732.90 | 2,848.80 |
| 2017-12-31 | 9,750.90 | 3,460.80 | 2,829.90 |
| 2017-09-30 | 9,750.90 | 3,460.80 | 2,829.90 |
| 2017-06-30 | 9,619.50 | 3,866.60 | 3,227.10 |
| 2017-03-31 | 9,619.50 | 3,866.60 | 3,227.10 |
| 2016-12-31 | 9,758.90 | 3,891.40 | 3,377.10 |
| 2016-09-30 | 9,758.90 | 3,891.40 | 3,377.10 |
| 2016-06-30 | 8,861.90 | 3,943.70 | 2,403.60 |
| 2016-03-31 | 8,861.90 | 3,943.70 | 2,403.60 |
| 2015-12-31 | 8,562.80 | 4,381.60 | 2,496.60 |
| 2015-09-30 | 8,562.80 | 4,381.60 | 2,496.60 |
| 2015-06-30 | 8,193.60 | 4,301.60 | 2,333.20 |
| 2015-03-31 | 8,193.60 | 4,301.60 | 2,333.20 |
| 2014-12-31 | 6,502.90 | 4,317.50 | 1,299.20 |
| 2014-09-30 | 6,502.90 | 4,317.50 | 1,299.20 |
| 2014-06-30 | 6,245.70 | 3,722.10 | 929.90 |
| 2014-03-31 | 6,245.70 | 3,722.10 | 929.90 |
| 2013-12-31 | 6,073.00 | 3,475.20 | 830.90 |
| 2013-09-30 | 4,690.20 | 1,229.40 | 553.00 |
| 2013-06-30 | 4,462.80 | 1,293.60 | 493.80 |
| 2013-03-31 | 4,462.80 | 1,293.60 | 493.80 |
| 2012-12-31 | 4,206.70 | 1,398.50 | 469.70 |
| 2012-09-30 | 4,353.70 | 1,428.30 | 469.70 |
| 2012-06-30 | 4,196.90 | 1,227.90 | 424.20 |
- HAL Trust's level of debt (36.8%) compared to net worth is satisfactory (less than 40%).
- The level of debt compared to net worth has been reduced over the past 5 years (57.3% vs 36.8% today).
- Debt is well covered by operating cash flow (33.1%, greater than 20% of total debt).
- Interest payments on debt are well covered by earnings (EBIT is 6.3x coverage).
Financial health checks
We assess HAL Trust's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) HAL Trust has a total score of 6/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
HAL Dividends
What is HAL Trust's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
€2,000 of
HAL Trust
shares you are expected to receive
€77
in your first year as a dividend.
Dividend Amount
- HAL Trust's pays a higher dividend yield than the bottom 25% of dividend payers in Netherlands (2.19%).
- HAL Trust's dividend is below the markets top 25% of dividend payers in Netherlands (5.58%).
Upcoming dividend payment
Purchase HAL Trust before the 'Buy Limit' to receive their next dividend payment.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 1 Analyst Estimates (S&P Global) | See Below |
| Europe Diversified Financial Industry Average Dividend Yield | Market Cap Weighted Average of 30 Stocks | 3.1% |
| Netherlands Market Average Dividend Yield | Market Cap Weighted Average of 67 Stocks | 3.9% |
| Netherlands Minimum Threshold Dividend Yield | 10th Percentile | 1.7% |
| Netherlands Bottom 25% Dividend Yield | 25th Percentile | 2.2% |
| Netherlands Top 25% Dividend Yield | 75th Percentile | 5.6% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in €) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2020-12-31 | 6.80 | 1.00 |
| 2019-12-31 | 6.70 | 1.00 |
| Date (Data in €) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-04-03 | 5.300 | 3.893 |
| 2019-03-28 | 5.300 | 3.917 |
| 2018-04-04 | 6.200 | 4.340 |
| 2018-03-29 | 6.200 | 4.328 |
| 2017-04-05 | 7.100 | 4.402 |
| 2017-03-30 | 7.100 | 4.071 |
| 2016-04-05 | 6.500 | 3.785 |
| 2015-04-07 | 5.050 | 3.284 |
| 2015-03-31 | 5.050 | 3.573 |
| 2014-05-16 | 4.100 | 3.490 |
| 2013-01-24 | 3.900 | 4.087 |
| 2012-06-12 | 3.400 | 3.955 |
| 2011-06-14 | 3.750 | 4.548 |
| 2010-03-25 | 2.850 | 3.345 |
| 2010-03-01 | 2.850 | 3.886 |
| 2009-04-24 | 2.000 | 3.208 |
| 2009-04-23 | 2.000 | 3.811 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Dividends per share have been stable in the past 10 years.
- Dividends per share have increased over the past 10 years.
Income/ dividend checks
We assess HAL Trust's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.7%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can HAL Trust afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) HAL Trust has a total score of 3/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
HAL Management
- HAL Trust has no CEO, or we have no data on them.
Management Team
Mel Groot
Chairman of Executive Board - HAL Holding NV
59
4.5 yrs
Arie van't Hof
CFO & Member of Executive Board - HAL Holding NV
J. Van Wiechen
Member of Executive Board - HAL Holding NV
46
4.5 yrs
Board of Directors Tenure
Average tenure and age of the HAL Trust board of directors in years:
- The tenure for the HAL Trust board of directors is about average.
Board of Directors
Martijn van der Vorm
Chairman of Supervisory Board - HAL Holding NV
60
2.9 yrs
Lodewijk J. van den Bergh
Vice Chairman of Supervisory Board - HAL Holding NV
55
2.9 yrs
Theo de Raad
Member of Supervisory Board - HAL Holding NV
73
13.3 yrs
Hans Wijers
Member of Supervisory Board - HAL Holding NV
67
4.9 yrs
C. Van Der Vorm
Member of Supervisory Board - HAL Holding NV
47
3.9 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (€) | Value (€) | |
|---|---|---|---|---|---|---|---|---|---|---|
Management checks
We assess HAL Trust's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) HAL Trust has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
HAL News
Simply Wall St News
Update: HAL Trust (AMS:HAL) Stock Gained 41% In The Last Five Years
For example, the HAL Trust (AMS:HAL) share price is up 41% in the last 5 years, clearly besting than the market return of around 31% (ignoring dividends). … During five years of share price growth, HAL Trust actually saw its EPS drop 21% per year. … Since the change in EPS doesn't seem to correlate with the change in share price, it's worth taking a look at other metrics.
Simply Wall St - – Full articleA Holistic Look At HAL Trust (AMS:HAL)
Want to participate in a short research study? … Help shape the future of investing tools and receive a $20 prize! … In the case of HAL Trust (AMS:HAL), there's
Simply Wall St - – Full articleShould We Worry About HAL Trust's (AMS:HAL) P/E Ratio?
To keep it practical, we'll show how HAL Trust's (AMS:HAL) P/E ratio could help you assess the value on offer. … How Do I Calculate HAL Trust's Price To Earnings Ratio … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)
Simply Wall St - – Full articleIs HAL Trust (AMS:HAL) An Attractive Dividend Stock?
Dividends can be underrated but they form a large part of investment returns, playing an important role in compounding returns in the long run. … Historically, HAL Trust (AMS:HAL) has paid dividends to shareholders, and these days it yields 4.5%. … Let's take a look at HAL Trust in more detail.
Simply Wall St - – Full articleIs HAL Trust's (AMS:HAL) PE Ratio A Signal To Sell For Investors?
and want to start learning about core concepts of fundamental analysis on practical examples from today's market. … Though this might seem to be a negative, you might change your mind after I explain the assumptions behind the P/E ratio. … Check out our latest analysis for HAL Trust
Simply Wall St - – Full articleIs HAL Trust (AMS:HAL) An Attractive Dividend Stock?
A sizeable part of portfolio returns can be produced by dividend stocks due to their contribution to compounding returns in the long run. … In the past 10 years HAL Trust (AMS:HAL) has returned an average of 4.00% per year to investors in the form of dividend payouts. … 5 checks you should do on a dividend stock
Simply Wall St - – Full articleOne Thing To Consider Before Buying HAL Trust (AMS:HAL)
See our latest analysis for HAL Trust An interpretation of HAL's beta HAL Trust’s beta of 0.34 indicates that the company is less volatile relative to the diversified market portfolio. … Based on this beta value, HAL appears to be a stock that an investor with a high-beta portfolio would look for to reduce risk exposure to the market. … However, this is the opposite to what HAL’s actual beta value suggests, which is lower stock volatility relative to the market.
Simply Wall St - – Full articleHow Does HAL Trust (AMS:HAL) Compare To The Financial Sector?
Financial services analysts are forecasting for the entire industry, a somewhat weaker growth of 7.45% in the upcoming year , and a whopping growth of 33.24% over the next couple of years. … HAL Trust lags the pack with its negative growth rate of -56.22% over the past year, which indicates the company will be growing at a slower pace than its diversified financial services peers. … In terms of returns, HAL Trust generated 6.09% in the past year, which is 2.16% below the diversified financial services sector.
Simply Wall St - – Full articleWhat Does HAL Trust's (AMS:HAL) Ownership Structure Look Like?
General Public Ownership The general public holds a substantial 98.98% stake in HAL, making it a highly popular stock among retail investors. … This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions.
Simply Wall St - – Full articleIs HAL Trust (AMS:HAL) A Sell At Its Current PE Ratio?
Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for HAL Price per share = €149.4 Earnings per share = €4.926 ∴ Price-Earnings Ratio = €149.4 ÷ €4.926 = 30.3x The P/E ratio isn’t a metric you view in isolation and only becomes useful when you compare it against other similar companies. … Since HAL's P/E of 30.3x is higher than its industry peers (14.4x), it means that investors are paying more than they should for each dollar of HAL's earnings. … For example, if you accidentally compared lower growth firms with HAL, then HAL’s P/E would naturally be higher since investors would reward HAL’s higher growth with a higher price.
Simply Wall St - – Full articleHAL Company Info
Description
HAL Trust, through its subsidiaries, primarily owns and operates optical retail chains. The company also supplies timber products and building materials through 101 outlets; produces composite panels for façade cladding, as well as laboratory furniture; manufactures panels for various interior surfaces, as well as cryogenic equipment; manufactures and distributes personal protective equipment; and distributes liquefied natural gas. In addition, it manufactures and sells orthopedic and other medical devices; operates a network of 33 specialized care centers and various fitting locations; publishes the Dutch financial newspaper, ‘Het Financieele Dagblad’, as well as operates BNR Nieuwsradio, a radio station; and offers horticultural communication products and services to growers, garden centers, and retailers. Further, the company develops and produces identification and timing equipment for sports events under the MYLAPS brand; provides business process outsourcing and factoring services for the Dutch health care sector; offers training for pilots using flight simulators; sells various products through the direct to consumer channel; and sells hearing aids. Additionally, it operates as a tank storage company for the oil and chemical industry; manufactures and distributes optical frames and sunglasses; develops and rents multi-family properties and office buildings in Seattle; and provides temporary staffing agency services. The company also offers dredging, maritime infrastructure, and maritime services; and floating production solutions to the offshore energy industry, as well as financial services. As of December 31, 2017, it operated 7,001 optical stores, including 1,184 franchise stores; and 30 gas tankers. The company has operations in Europe, North America, Asia, and internationally. HAL Trust was founded in 1873 and is based in Willemstad, Curaçao.
Details
| Name: | HAL Trust |
| HAL | |
| Exchange: | ENXTAM |
| Founded: | 1873 |
| €11,175,568,610 | |
| 81,692,753 | |
| Website: | http://www.halholding.com |
| Address: |
HAL Trust Johan van Walbeeckplein 11A, Willemstad, Curaçao |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| ENXTAM | HAL | HAL Trust Shares | Euronext Amsterdam | NL | EUR | 24. Jan 2007 | |
| OTCPK | HALF.F | HAL Trust Shares | Pink Sheets LLC | US | USD | 24. Jan 2007 | |
| LSE | 0K9V | HAL Trust Shares | London Stock Exchange | GB | EUR | 24. Jan 2007 | |
| BATS-CHIXE | HALA | HAL Trust Shares | BATS 'Chi-X Europe' | GB | EUR | 24. Jan 2007 |
Number of employees
Current staff
Industry
| Multi-Sector Holdings | |
| Diversified Financials |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/04/22 21:09 |
| End of day share price update: | 2019/04/18 00:00 |
| Last estimates confirmation: | 2019/03/29 |
| Last earnings filing: | 2019/04/03 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
