Company Valuation: Hamilton Lane Incorporated

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 2,875 2,855 4,563 6,443 4,368 3,752 - -
Change - -0.68% 59.81% 41.21% -32.21% -14.09% - -
Enterprise Value (EV) 1 2,974 2,969 4,644 6,504 4,285 3,199 2,808 2,390
Change - -0.17% 56.42% 40.05% -34.12% -25.34% -12.24% -14.87%
P/E - - 30.6x 27.5x - 11.2x - -
PBR 8.14x 9.62x 11.6x 8.74x 3.69x 3.17x 2.39x 2.06x
PEG - - - 0.6x - - - -
Capitalization / Revenue 7.81x 5.4x 10.1x 9.04x 5.75x 3.8x 3.57x 3.1x
EV / Revenue 8.08x 5.62x 10.3x 9.12x 5.65x 3.24x 2.67x 1.97x
EV / EBITDA 16.2x 11.4x 17x 17.8x 10.5x 6.8x - -
EV / EBIT 17.5x 12.4x 18.9x 20.5x 13.2x 7.07x 6.09x 4.27x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 1.4 1.6 1.78 1.96 2.16 2.41 2.639 2.884
Rate of return 1.81% 2.16% 1.58% 1.32% 2.17% 2.81% 3.08% 3.37%
EPS 2 - - 3.69 5.41 - 7.63 - -
Distribution rate - - 48.2% 36.2% - 31.6% - -
Net sales 1 367.9 528.8 451.9 713 759 986.4 1,052 1,210
EBITDA 1 183.9 259.8 272.5 366.1 407.6 470.6 - -
EBIT 1 169.6 240 245.8 316.6 324.9 452.7 460.7 559.7
Net income 1 - 109.1 140.9 217.4 - 412.2 - -
Net Debt 1 99.19 113.8 81.52 61.14 -82.54 -552.9 -944.5 -1,362
Reference price 2 77.29 73.98 112.76 148.67 99.40 85.70 85.70 85.70
Nbr of stocks (in thousands) 37,194 38,593 40,463 43,337 43,939 42,832 - -
Announcement Date 26/05/22 25/05/23 23/05/24 29/05/25 21/05/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- 3.24x6.8x2.75% 3.75B
20.62x7.19x13.71x4.16% 99.2B
26.39x - - 0.8% 88.36B
21.3x6.05x16.83x4.34% 28.37B
11.52x4.72x9.25x5.36% 21.39B
16.69x1.82x6.52x3.98% 16.83B
13.19x - - 3.49% 14.34B
14.74x9.45x - 9.92% 13.9B
32x18.77x26.21x - 11.63B
Average 19.56x 7.32x 13.22x 4.35% 33.09B
Weighted average by Cap. 21.34x 7.07x 13.66x 3.45%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. HLNE Stock
  4. Valuation Hamilton Lane Incorporated
-40%: Exceptional extension
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