Valuation HAL Trust Deutsche Boerse AG

Stocks

Real-time Estimate Tradegate 01:04:02 22/09/2026 am IST			5-day change	1st Jan Change
166.50 ^EUR	+1.40%		+2.11%	+16.95%

28/08	French and Benelux stocks-Factors to watch	RE
27/08	HAL Trust Reports Earnings Results for the Half Year Ended June 30, 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	12,638	10,631	10,282	10,428	12,776	14,830	-	-
Change	-	-15.88%	-3.28%	1.42%	22.52%	16.08%	-	-
Enterprise Value (EV) ¹	10,882	11,339	10,533	10,531	12,732	16,198	16,204	15,807
Change	-	4.2%	-7.11%	-0.02%	20.89%	27.22%	0.04%	-2.45%
P/E	2.94x	16.3x	10.2x	8.62x	8x	11.9x	14x	11.4x
PBR	1.02x	0.82x	0.75x	0.71x	0.82x	1.01x	0.99x	0.95x
PEG	-	-0.2x	0.2x	0.4x	0.2x	-0.5x	-0.9x	0.5x
Capitalization / Revenue	1.13x	0.96x	0.79x	0.8x	0.95x	1.13x	1.11x	1.11x
EV / Revenue	0.97x	1.03x	0.81x	0.81x	0.95x	1.24x	1.21x	1.19x
EV / EBITDA	2.09x	4.64x	3.59x	3.31x	3.63x	5.34x	5.88x	5.06x
EV / EBIT	2.44x	14.1x	6.57x	5.63x	5.24x	8.4x	9.97x	8.05x
EV / FCF	14.4x	20.8x	8.39x	8.08x	8.24x	14.1x	15.7x	12.3x
FCF Yield	6.96%	4.8%	11.9%	12.4%	12.1%	7.11%	6.38%	8.13%
Dividend per Share ²	5.47	4.902	2.85	2.9	3.5	4	4	4
Rate of return	3.91%	4.17%	2.5%	2.51%	2.48%	2.44%	2.44%	2.44%
EPS ²	47.63	7.225	11.17	13.39	17.68	13.78	11.71	14.44
Distribution rate	11.5%	67.8%	25.5%	21.7%	19.8%	29%	34.2%	27.7%
Net sales ¹	11,196	11,043	13,058	13,073	13,401	13,072	13,366	13,328
EBITDA ¹	5,208	2,446	2,934	3,178	3,507	3,033	2,757	3,125
EBIT ¹	4,465	806.9	1,603	1,871	2,431	1,929	1,625	1,963
Net income ¹	4,270	646.8	1,000	1,210	1,597	1,245	1,057	1,305
Net Debt ¹	-1,756	708	251.2	103.7	-44	1,368	1,374	977
Reference price ²	139.93	117.65	113.80	115.40	141.40	164.20	164.20	164.20
Nbr of stocks (in thousands)	90,321	90,364	90,352	90,360	90,350	90,314	-	-
Announcement Date	30/03/22	29/03/23	27/03/24	27/03/25	27/03/26	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
HAL TRUST	11.92x	1.24x	5.34x	2.44%	1.7TCr
MERITZ FINANCIAL GROUP INC.	7.75x	14.84x	-	-.--%	1.47TCr
WHSP HOLDINGS LIMITED	6.32x	9.79x	28.58x	2.51%	1.22TCr
Average	8.66x	8.63x	16.96x	1.65%	1.46TCr
Weighted average by Cap.	8.97x	8.17x	15.03x	1.64%