Halyk Bank of Kazakhstan JSC (FRA:H4L1) Enterprise Value: €2,293 Mil (As of Jul. 09, 2026) ***


FRA:H4L1 Halyk Bank of Kazakhstan JSC FRA:H4L1
64 GF Score
Price €27.40
GF Value €23.55
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Halyk Bank of Kazakhstan JSC Enterprise Value?

Halyk Bank of Kazakhstan JSC FRA:H4L1 -0.72% 64 Enterprise Value is €2,293 Mil as of Jul. 09, 2026. GuruFocus rates FRA:H4L1 with a GF Score™ of 64/100 and a GF Value™ of €23.55 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. This ratio does not apply to banks.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. This ratio does not apply to banks.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Halyk Bank of Kazakhstan JSC's Enterprise Value is €2,293 Mil. Halyk Bank of Kazakhstan JSC's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was €2,944 Mil. Therefore, Halyk Bank of Kazakhstan JSC's EV-to-Revenue ratio for today is 0.78.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Halyk Bank of Kazakhstan JSC's Enterprise Value is €2,293 Mil. Halyk Bank of Kazakhstan JSC's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was €1,656 Mil. Therefore, Halyk Bank of Kazakhstan JSC's EV-to-OCF ratio for today is 1.38.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Halyk Bank of Kazakhstan JSC's Enterprise Value is €2,293 Mil. Halyk Bank of Kazakhstan JSC's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €1,513 Mil. Therefore, Halyk Bank of Kazakhstan JSC's EV-to-FCF ratio for today is 1.52.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Halyk Bank of Kazakhstan JSC  (FRA:H4L1) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Halyk Bank of Kazakhstan JSC's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=2292.610/2943.987
=0.78

Halyk Bank of Kazakhstan JSC's current Enterprise Value is €2,293 Mil.
Halyk Bank of Kazakhstan JSC's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €2,944 Mil.

2. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Halyk Bank of Kazakhstan JSC's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=2292.610/1656.399
=1.38

Halyk Bank of Kazakhstan JSC's current Enterprise Value is €2,293 Mil.
Halyk Bank of Kazakhstan JSC's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,656 Mil.

3. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Halyk Bank of Kazakhstan JSC's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=2292.610/1513.1
=1.52

Halyk Bank of Kazakhstan JSC's current Enterprise Value is €2,293 Mil.
Halyk Bank of Kazakhstan JSC's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,513 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Halyk Bank of Kazakhstan JSC Enterprise Value Related Terms


Halyk Bank of Kazakhstan JSC Enterprise Value Historical Data

* Premium members only.

The historical data trend for Halyk Bank of Kazakhstan JSC's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Halyk Bank of Kazakhstan JSC Enterprise Value Chart

Halyk Bank of Kazakhstan JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 399.94 688.09 3,016.33 4,589.56 6,245.83

Halyk Bank of Kazakhstan JSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,364.86 4,883.29 5,487.12 6,245.83 6,981.42

FRA:H4L1 vs PNC, USB: Enterprise Value Comparison

For the Banks - Regional subindustry, Halyk Bank of Kazakhstan JSC's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Halyk Bank of Kazakhstan JSC Enterprise Value vs Banks Industry

For the Banks industry and Financial Services sector, Halyk Bank of Kazakhstan JSC's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Halyk Bank of Kazakhstan JSC's Enterprise Value falls into.


FRA:H4L1
64GF Score
Halyk Bank of Kazakhstan JSC FRA:H4L1
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Halyk Bank of Kazakhstan JSC Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Halyk Bank of Kazakhstan JSC's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Halyk Bank of Kazakhstan JSC's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of €2,293 Mil mean?
Halyk Bank of Kazakhstan JSC (FRA:H4L1) has a Enterprise Value of €2,293 Mil as of Jul. 09, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Halyk Bank of Kazakhstan JSC and its competitors.
Is Halyk Bank of Kazakhstan JSC's Enterprise Value too high?
Halyk Bank of Kazakhstan JSC's current Enterprise Value is €2,293 Mil. Overall, Halyk Bank of Kazakhstan JSC has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Halyk Bank of Kazakhstan JSC's Enterprise Value compare to PNC and USB?
Halyk Bank of Kazakhstan JSC's Enterprise Value of €2,293 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Banks company?
A good Enterprise Value depends on the Banks industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Halyk Bank of Kazakhstan JSC and its competitors. Halyk Bank of Kazakhstan JSC's current Enterprise Value is €2,293 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Halyk Bank of Kazakhstan JSC stock overvalued right now?
Based on GuruFocus' analysis, Halyk Bank of Kazakhstan JSC (FRA:H4L1) is currently considered Modestly Overvalued. The stock's GF Value™ is €23.55, compared to a current price of €27.40 — trading 16.3% above its estimated fair value. The current Enterprise Value is €2,293 Mil. Halyk Bank of Kazakhstan JSC's overall GF Score™ is 64/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Halyk Bank of Kazakhstan JSC (FRA:H4L1), the current Enterprise Value is €2,293 Mil as of Jul. 09, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Halyk Bank of Kazakhstan JSC (FRA:H4L1) Overvalued in 2026?

Based on GuruFocus' analysis, Halyk Bank of Kazakhstan JSC stock appears to be overvalued. The current stock price of €27.40 is trading 16.3% above its estimated GF Value™ of €23.55. GuruFocus considers Halyk Bank of Kazakhstan JSC to be Modestly Overvalued.

Key valuation signals for FRA:H4L1:

  • Enterprise Value: €2,293 Mil
  • GF Value™: €23.55 vs. price of €27.40 (16.3% above fair value)
  • GF Score™: 64/100 with 4 warning signs

No single metric tells the full story. See the FRA:H4L1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Halyk Bank of Kazakhstan JSC Business Description

Address 40, Al-Farabi Avenue, Almaty, KAZ, A26M3K5
Halyk Bank of Kazakhstan JSC is engaged in retail, corporate, and SME banking services. It also provides insurance, cash collection, asset management, brokerage, telecommunication, and leasing services. The group has four main business segments: Corporate Banking, SME Banking, Retail Banking, and Investment Banking. The majority of revenue derives from the corporate banking segment, which includes banking services to corporate clients and financial institutions, including current accounts and correspondent accounts, deposits, custody, overdrafts, loans and other credit facilities, documentary operations, including guarantees and letters of credit, trade finance products, as well as cash services and foreign exchange transactions.
64GF Score

Get the complete analysis for FRA:H4L1

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€27.40
Price
€23.55
GF Value