Company Valuation: Halliburton Company

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 20,471 35,732 32,356 23,886 23,784 28,493 - -
Change - 74.54% -9.45% -26.18% -0.43% 19.8% - -
Enterprise Value (EV) 1 26,561 41,314 37,728 28,428 28,736 32,972 32,573 31,502
Change - 55.54% -8.68% -24.65% 1.08% 14.74% -1.21% -3.29%
P/E ratio 14x 22.7x 12.4x 9.61x 18.8x 15.4x 12.9x 10.7x
PBR 3.04x 4.5x 3.47x 2.29x 2.3x 2.5x 2.23x 1.93x
PEG - 3.7x 0.2x -3.12x -0.4x 0.3x 0.7x 0.5x
Capitalization / Revenue 1.34x 1.76x 1.41x 1.04x 1.07x 1.32x 1.27x 1.22x
EV / Revenue 1.74x 2.04x 1.64x 1.24x 1.3x 1.52x 1.45x 1.35x
EV / EBITDA 9.78x 10.3x 7.43x 5.67x 6.8x 8.28x 7.37x 6.72x
EV / EBIT 14.7x 13.4x 9.24x 7.22x 9.3x 11.6x 10x 8.76x
EV / FCF 19.4x 28.9x 16.6x 10.7x 15.5x 17.3x 15.9x 13.8x
FCF Yield 5.15% 3.46% 6.03% 9.31% 6.46% 5.77% 6.29% 7.23%
Dividend per Share 2 0.18 0.48 0.64 0.68 0.68 0.7259 0.752 0.8106
Rate of return 0.79% 1.22% 1.77% 2.5% 2.41% 2.13% 2.21% 2.38%
EPS 2 1.63 1.73 2.92 2.83 1.5 2.209 2.644 3.184
Distribution rate 11% 27.7% 21.9% 24% 45.3% 32.9% 28.4% 25.5%
Net sales 1 15,295 20,297 23,018 22,944 22,184 21,662 22,479 23,326
EBITDA 1 2,716 4,013 5,081 5,017 4,227 3,984 4,418 4,688
EBIT 1 1,812 3,073 4,083 3,938 3,091 2,841 3,256 3,594
Net income 1 1,457 1,572 2,638 2,501 1,283 1,843 2,136 2,439
Net Debt 1 6,090 5,582 5,372 4,542 4,952 4,479 4,080 3,009
Reference price 2 22.87 39.35 36.15 27.19 28.26 34.02 34.02 34.02
Nbr of stocks (in thousands) 8,95,116 9,08,047 8,95,052 8,78,502 8,41,627 8,37,543 - -
Announcement Date 24/01/22 24/01/23 23/01/24 22/01/25 21/01/26 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.39x1.52x8.28x2.13% 2.85TCr
17.44x2.21x9.34x2.35% 7.52TCr
23.21x2.11x11.93x1.62% 5.85TCr
27.08x2.39x13.1x0.33% 2.44TCr
18.12x1.56x7.16x1.25% 730.37Cr
19.34x0.45x4.02x4.79% 752.12Cr
20.84x0.84x7.18x2.78% 677.35Cr
19.6x1.7x15.6x0.9% 690.47Cr
10.39x - - 3.6% 626.62Cr
9.68x2.2x6.76x2.77% 591.52Cr
Average 18.11x 1.66x 9.26x 2.25% 2.27TCr
Weighted average by Cap. 19.55x 1.98x 10.11x 1.98%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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