Professional
Added to YB: 2024-10-18
Pitch date: 2024-10-17
HAL.AS [bullish]
HAL Trust
+46.16%
current return
Author Info
No bio for this author
Company Info
HAL Trust, together with its subsidiaries, operates through multi-sectors in Asia, the Middle East, the Netherlands, the United States, Canada, and internationally.
Market Cap
EUR 14.6B
Pitch Price
EUR 111.11
Price Target
N/A
Dividend
2.17%
EV/EBITDA
5.13
P/E
10.20
EV/Sales
1.32
Sector
Financial Services
Category
value
East 72 Dynasty Trust Portfolio Holding: HAL Trust
HAL.AS: Dutch family-controlled investment trust, ~70% van der Vorm owned. NAV grew 16.5% pa + 4% div 2002-2015, slowed after. Recent poor investments led to undervaluation. Acquired 54% of Boskalis in 2022 at 3x EV/EBITDA. Moving HQ from Monaco to Rotterdam. Detailed NAV analysis suggests significant undervaluation and potential for growth.
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