Cash GenerationHAL's history of consistent operating cash flow and positive free cash flow supports durable funding for dividends, reinvestments and acquisitions. Reliable cash generation gives the holding flexibility to support subsidiaries through cycles and finance long-term value creation.

Diversified Holding ModelHAL's diversified portfolio across sectors and ownership of both public and private stakes reduces single-industry exposure and smooths earnings volatility. This long-term holding approach supports stable dividend income and capital gain opportunities over multi-year horizons.

Profitability And Capital EfficiencyStrong ROE and sustained margins indicate efficient use of equity and operating leverage in portfolio companies. These durable profitability metrics enhance the trust's ability to compound returns, sustain distributions and reinvest in high-return opportunities over time.

Bears Say

Revenue & FCF DeclineA downturn in revenue and free cash flow from 2023 to 2024, if persistent, can erode distributable income and limit reinvestment capacity. For a holding vehicle that funds operations via dividends and gains, sustained declines would materially constrain strategic flexibility.

Rising Liabilities TrendAlthough debt-to-equity is currently stable, a gradual rise in liabilities reduces balance sheet optionality and raises refinancing risk. Over months, higher leverage can compress free cash flow available for dividends and make the trust more sensitive to interest cost cycles.

Concentration Risk From Large StakesHolding sizable positions in a limited number of companies creates exposure to idiosyncratic operational and governance risks at those firms. Concentration can amplify volatility in earnings and dividends for the trust if a major holding underperforms or requires capital.

0K9V FAQ

What was HAL Trust’s price range in the past 12 months?

HAL Trust lowest share price was €107.80 and its highest was €177.00 in the past 12 months.

What is HAL Trust’s market cap?

HAL Trust’s market cap is €15.77B.

When is HAL Trust’s upcoming earnings report date?

HAL Trust’s upcoming earnings report date is Apr 01, 2026 which is in 33 days.

How were HAL Trust’s earnings last quarter?

Currently, no data Available

Is HAL Trust overvalued?

According to Wall Street analysts HAL Trust’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does HAL Trust pay dividends?

HAL Trust does not currently pay dividends.

What is HAL Trust’s EPS estimate?

HAL Trust’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does HAL Trust have?

HAL Trust has 90,370,865 shares outstanding.

What happened to HAL Trust’s price movement after its last earnings report?

Currently, no data Available

Which hedge fund is a major shareholder of HAL Trust?

Currently, no hedge funds are holding shares in GB:0K9V

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

HAL Trust

HAL Trust, together with its subsidiaries, engages in the building materials, construction, office furniture, staffing, shipping, orthopedic devices, media, and other businesses in Europe, the United States, Canada, Asia, and internationally. The company produces composite panels for facade cladding, as well as laboratory furniture; supplies timber products and building materials; manufactures panels for various interior surfaces, such as kitchens and retail furniture; and distributes liquefied natural gas. In addition, it provides furniture and fit out services for office, education, healthcare, and retail environments under the Ahrend, Gispen, and Presikhaaf brands; manufactures and sells orthopedic and other medical aids; provides temporary staffing agency services to oil and gas, marine, and offshore wind industries; and publishes the Dutch financial newspaper, Het Financieele Dagblad, as well as operates BNR Nieuwsradio, a radio station. Further, the company offers business process outsourcing and factoring services for the Dutch health care sector; horticultural communication products and services to growers, garden centers, and retailers; develops and produces identification and timing equipment for sports events under the MYLAPS brand; and sells hearing aids. Additionally, it engages in online retail and distribution of computer gaming equipment and accessories; development and rental of retail centers, multi-family properties, and office buildings; and provision of financial assets, such as marketable securities and cash-equivalent instruments. The company operates storage terminals; and a network of specialized care centers and various fitting locations; and 31 gas tankers. HAL Trust was founded in 1873 and is based in Willemstad, Curaçao.