HALMA PLC |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 2,333 GBX | -0.81% |
|
+0.21% | +2.15% |
| May. 16 | Fed remains cautious on cuts even as data improves | RE |
| May. 16 | Exclusive-Fed's Williams welcomes inflation data, not ready to seek rate cuts | RE |
Valuation
| Fiscal Period: Marzo | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 6,337 | 7,285 | 9,007 | 9,507 | 8,420 | 8,799 | - | - |
| Enterprise Value (EV) 1 | 6,519 | 7,661 | 9,263 | 9,782 | 9,016 | 9,403 | 9,201 | 8,992 |
| P/E ratio | 37.3 x | 39.5 x | 44.3 x | 38.9 x | 35.9 x | 33.7 x | 30.6 x | 28.2 x |
| Yield | 0.94% | 0.86% | 0.74% | 0.75% | 0.91% | 0.92% | 1% | 1.07% |
| Capitalization / Revenue | 5.23 x | 5.44 x | 6.83 x | 6.23 x | 4.54 x | 4.43 x | 4.17 x | 3.95 x |
| EV / Revenue | 5.38 x | 5.72 x | 7.03 x | 6.41 x | 4.87 x | 4.74 x | 4.36 x | 4.04 x |
| EV / EBITDA | 22.7 x | 23.2 x | 27.3 x | 26.2 x | 20.9 x | 20.1 x | 18.3 x | 16.7 x |
| EV / FCF | 33.8 x | 34.3 x | 39.2 x | 46.4 x | 42.4 x | 32.2 x | 28.4 x | 26.2 x |
| FCF Yield | 2.95% | 2.91% | 2.55% | 2.15% | 2.36% | 3.11% | 3.52% | 3.81% |
| Price to Book | 6.46 x | 6.41 x | 7.71 x | 6.77 x | 5.27 x | 4.96 x | 4.43 x | 3.97 x |
| Nbr of stocks (in thousands) | 379,009 | 379,252 | 379,383 | 378,775 | 377,732 | 377,174 | - | - |
| Reference price 2 | 16.72 | 19.21 | 23.74 | 25.10 | 22.29 | 23.33 | 23.33 | 23.33 |
| Announcement Date | 6/11/19 | 7/14/20 | 6/10/21 | 6/16/22 | 6/15/23 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,211 | 1,338 | 1,318 | 1,525 | 1,853 | 1,985 | 2,109 | 2,226 |
| EBITDA 1 | 287.2 | 330.7 | 339.1 | 373.8 | 431.7 | 468 | 504.1 | 538.7 |
| EBIT 1 | 255.8 | 279.2 | 288.3 | 324.7 | 378.2 | 415.9 | 450.6 | 480.7 |
| Operating Margin | 21.12% | 20.86% | 21.87% | 21.29% | 20.41% | 20.95% | 21.37% | 21.6% |
| Earnings before Tax (EBT) 1 | 206.7 | 224.1 | 252.9 | 304.4 | 291.5 | 336.3 | 374 | 403.8 |
| Net income 1 | 169.8 | 184.4 | 203.4 | 244.4 | 288.4 | 263.7 | 289.9 | 311.7 |
| Net margin | 14.02% | 13.78% | 15.43% | 16.02% | 15.57% | 13.28% | 13.75% | 14.01% |
| EPS 2 | 0.4478 | 0.4866 | 0.5361 | 0.6454 | 0.6204 | 0.6933 | 0.7636 | 0.8261 |
| Free Cash Flow 1 | 192.6 | 223.3 | 236.3 | 210.8 | 212.9 | 292.3 | 324.1 | 343 |
| FCF margin | 15.91% | 16.68% | 17.93% | 13.82% | 11.49% | 14.72% | 15.37% | 15.41% |
| FCF Conversion (EBITDA) | 67.06% | 67.52% | 69.68% | 56.39% | 49.32% | 62.45% | 64.3% | 63.66% |
| FCF Conversion (Net income) | 113.43% | 121.1% | 116.18% | 86.25% | 73.82% | 110.84% | 111.81% | 110.02% |
| Dividend per Share 2 | 0.1571 | 0.1650 | 0.1765 | 0.1888 | 0.2020 | 0.2157 | 0.2338 | 0.2495 |
| Announcement Date | 6/11/19 | 7/14/20 | 6/10/21 | 6/16/22 | 6/15/23 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 | 2024 S1 | 2024 S2 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 653.7 | 684.7 | 618.4 | 699.8 | 737.2 | 788.1 | 875.5 | 977.3 | 950.5 | 1,043 |
| EBITDA | 158.8 | 171.9 | - | 192.8 | 177.1 | 196.7 | - | - | - | - |
| EBIT 1 | 134.6 | 144.6 | 127.8 | 160.5 | 159 | 165.7 | - | 200.3 | 189.9 | 222.3 |
| Operating Margin | 20.59% | 21.12% | 20.67% | 22.94% | 21.57% | 21.03% | - | 20.5% | 19.98% | 21.32% |
| Earnings before Tax (EBT) | 105.8 | 118.3 | - | 156.6 | 167.5 | 136.9 | 145.5 | - | - | - |
| Net income | 85 | 99.4 | - | 126.1 | 135.8 | 108.6 | - | - | - | - |
| Net margin | 13% | 14.52% | - | 18.02% | 18.42% | 13.78% | - | - | - | - |
| EPS | 0.2240 | 0.2626 | - | 0.3324 | 0.3583 | 0.2871 | - | - | - | - |
| Dividend per Share 2 | 0.0654 | 0.0996 | 0.0687 | 0.1078 | 0.0735 | 0.1153 | 0.0786 | 0.1234 | 0.0841 | 0.1310 |
| Announcement Date | 11/19/19 | 7/14/20 | 11/19/20 | 6/10/21 | 11/18/21 | 6/16/22 | 11/17/22 | 6/15/23 | 11/16/23 | - |
1GBP in Million2GBP
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 182 | 375 | 256 | 275 | 597 | 604 | 401 | 193 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 0.6327 x | 1.135 x | 0.7555 x | 0.7352 x | 1.382 x | 1.29 x | 0.7964 x | 0.358 x |
| Free Cash Flow 1 | 193 | 223 | 236 | 211 | 213 | 292 | 324 | 343 |
| ROE (net income / shareholders' equity) | 18.8% | 20.5% | 17.7% | 19.3% | 19.2% | 17.6% | 17.5% | 17% |
| ROA (Net income/ Total Assets) | 11.2% | 12.5% | 10.7% | 12.2% | 11.6% | 9.81% | 10.4% | 10.7% |
| Assets 1 | 1,515 | 1,475 | 1,908 | 2,007 | 2,491 | 2,687 | 2,783 | 2,909 |
| Book Value Per Share 2 | 2.590 | 3.000 | 3.080 | 3.710 | 4.230 | 4.710 | 5.270 | 5.880 |
| Cash Flow per Share 2 | 0.5800 | 0.6700 | 0.7300 | 0.6300 | 0.6800 | 0.9700 | 1.060 | 1.120 |
| Capex 1 | 26.4 | 46.9 | 41.3 | 26.6 | 45.1 | 49.3 | 51 | 53.9 |
| Capex / Sales | 2.18% | 3.5% | 3.13% | 1.74% | 2.43% | 2.48% | 2.42% | 2.42% |
| Announcement Date | 6/11/19 | 7/14/20 | 6/10/21 | 6/16/22 | 6/15/23 | - | - | - |
1GBP in Million2GBP
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B
Sell
Buy
Mean consensus
HOLD
Number of Analysts
15
Last Close Price
23.33
GBP
Average target price
23.52
GBP
Spread / Average Target
+0.83%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +2.15% | 11.18B | |
| +17.32% | 114B | |
| -2.15% | 29.67B | |
| +13.08% | 22.5B | |
| -8.93% | 19.27B | |
| -9.23% | 16.93B | |
| +16.30% | 16.35B | |
| -3.81% | 12.34B | |
| +12.54% | 8.49B | |
| -0.98% | 8.3B |
- Stock Market
- Equities
- HLMA Stock
- Financials Halma plc
