HAL Trust Ratios and Metrics

Market cap in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 15, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	15,613	12,776	10,426	10,282	10,631	12,638
Market Cap Growth	46.45%	22.54%	1.40%	-3.28%	-15.88%	26.59%
Enterprise Value	17,676	15,517	12,694	13,231	12,123	18,285
Last Close Price	172.80	141.40	112.66	108.47	109.96	128.00
PE Ratio	9.77	8.00	8.62	10.28	16.44	2.96
Forward PE	12.87	9.63	8.94	11.17	26.65	25.03
PS Ratio	1.18	0.96	0.80	0.79	0.97	1.65
PB Ratio	0.88	0.72	0.62	0.65	0.70	0.85
P/TBV Ratio	1.25	1.02	0.93	1.00	1.14	1.25
P/FCF Ratio	-	-	8.00	8.19	19.16	16.69
P/OCF Ratio	-	-	3.97	4.26	7.39	8.49
EV/Sales Ratio	1.33	1.17	0.98	1.02	1.11	2.38
EV/EBITDA Ratio	5.52	4.85	4.45	4.94	5.71	12.00
EV/EBIT Ratio	7.76	6.81	6.58	7.23	8.40	19.20
EV/FCF Ratio	-	-	9.74	10.53	21.85	24.15
Debt / Equity Ratio	0.28	0.28	0.29	0.31	0.41	0.32
Debt / EBITDA Ratio	1.56	1.56	1.59	1.70	2.73	2.90
Debt / FCF Ratio	-	-	3.71	3.85	11.21	6.34
Net Debt / Equity Ratio	0.00	0.00	0.03	0.01	0.04	-0.13
Net Debt / EBITDA Ratio	-0.01	-0.01	0.18	0.03	0.25	-1.24
Net Debt / FCF Ratio	-	-	0.39	0.06	0.96	-2.49
Asset Turnover	0.48	0.48	0.48	0.49	0.44	0.36
Inventory Turnover	5.21	5.21	5.29	5.30	4.73	3.64
Quick Ratio	1.19	1.19	1.11	1.13	1.26	2.60
Current Ratio	1.51	1.51	1.37	1.47	1.56	3.02
Return on Equity (ROE)	11.23%	11.23%	8.74%	7.51%	3.30%	32.94%
Return on Assets (ROA)	5.13%	5.13%	4.49%	4.31%	3.66%	2.78%
Return on Invested Capital (ROIC)	11.23%	11.32%	9.51%	9.89%	7.33%	7.05%
Return on Capital Employed (ROCE)	10.20%	10.20%	9.00%	9.10%	7.10%	4.90%
Earnings Yield	10.23%	12.50%	11.60%	9.73%	6.08%	33.79%
FCF Yield	-	-	12.50%	12.22%	5.22%	5.99%
Dividend Yield	2.01%	2.48%	2.57%	2.63%	2.23%	2.14%
Payout Ratio	-	-	21.29%	22.14%	38.20%	4.70%
Buyback Yield / Dilution	0.02%	0.02%	-0.89%	-0.07%	0.19%	1.55%
Total Shareholder Return	2.03%	2.50%	1.68%	2.56%	2.42%	3.69%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.