Mulya.ai
Ticker
HAL
Scenario
Key Inputs
Revenue est.?Analyst
OP margin est.?hist_ind
Reinvestment est.?projected
R&D capitalizedNo
Leases factoredNo
Key Assumptions
WACC ?7.3%
ERP ?4.5%
Risk-free rate ?4.1%
Beta (blended) ?0.704
Beta (levered) ?0.843
Terminal OM% ?12.8%
Segment conc. ?58% dominant
Terminal growth ?4.1%
Bond rating ?AA · 0.90%
ROIC option ?Opt 2 · 13.1%
Prob of failure ?0.0%
Pipeline validated · 2026-07-21

HAL · Halliburton Company

$34.212026-07-21
Sector: Energy; Industry: Oil & Gas Equipment & Services; Sub-Industry: Oil & Gas Equipment & Services

Intrinsic Value Range Comparison · Mulya.ai

Bull
$59
+72.1% vs market
Base · active
$39
+12.9% vs market
Bear
$28
-19.0% vs market
Mulya.ai vs Analyst IV Comparison?
Bear $28
Market $34
Base $39
Median $39
Bull $59
Market Price $34
Mulya.ai Base $39
Analysts Median $39
Mulya.ai IV range ($28 · $59)
Analysts Range ($30 · $55)
Fundamentals · historical + forward · base
italics = DCF projection
PeriodRevenueRev Gr ?Ops M% ?Tax Rate ?NOPAT ?
Reinvest ?
FCFF ?WACC% ?PV FCFF ?ROIC ?Inv. Cap ?EPS ?P/E
2024.Q1$23.0B17.7%21.2%$3.2B−$545MM$2.7B7.2%20.6%$15.6B$3.14
2024.Q4$23.0B0.0%17.7%22.2%$3.2B−$488MM$2.7B7.6%20.3%$15.7B$3.14
2025.Q1$22.9B-0.3%16.7%23.4%$2.9B−$375MM$2.6B7.5%18.3%$16.4B$2.98
2025.Q4$22.9B0.0%16.7%27.0%$2.8B−$394MM$2.4B7.5%17.4%$15.7B$2.98
2026.Q1$22.2B-3.4%11.3%23.6%$1.9B−$345MM$1.6B7.3%12.0%$16.2B$1.8411.4
italics below = DCF projection · 10yr Rev CAGR: 4.8%
2027.Q1$22.6B+1.7%11.3%23.3%$2.0B−$348MM$1.6B7.4%$1.5B11.9%$16.6B$2.3314.7
2028.Q1$23.8B+5.7%11.6%22.9%$2.1B−$1.1B$1.1B7.5%$917MM12.5%$17.6B$2.5413.5
2029.Q1$25.2B+5.7%11.9%22.6%$2.3B−$1.1B$1.3B7.6%$1.0B12.8%$18.7B$2.7712.4
2030.Q1$27.2B+8.0%12.2%22.2%$2.6B−$1.8B$767MM7.8%$572MM13.2%$20.5B$3.0811.1
2031.Q1$28.6B+5.0%12.8%21.8%$2.9B−$1.2B$1.6B7.9%$1.1B13.5%$21.8B$3.4110.0
Term. Yr+$37.0B4.1%12.8%20.0%$3.8B−$1.2B$2.6B8.6%$27.0B13.1%
Active scenario IV: $39 (+12.9% vs market)