Professional
Added to YB: 2024-11-04
Pitch date: 2024-10-16
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
200.00 (+23%)
Dividend
2.17%
EV/EBITDA
5.13
P/E
10.20
EV/Sales
1.32
Sector
Financial Services
Category
value
East72 Dynasty Trust Portfolio Holding: HAL Trust
HAL.AS: Conglomerate trades at 26% discount to stated NAV, which understates real value (est. >€200/share). Key assets: Boskalis (dredging, est. €8.75bn value), Vopak (storage), SBMO (offshore), Technip Energies, unlisted businesses. Strong cash flow, alt energy exposure. Catalysts: Boskalis value realization, Coolblue growth, potential capital management.
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