Company Valuation: DHL Group

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 69,241 42,394 53,030 39,183 52,402 61,525 - -
Change - -38.77% 25.09% -26.11% 33.74% 17.41% - -
Enterprise Value (EV) 1 85,607 58,250 70,769 58,181 73,918 84,130 84,319 84,213
Change - -31.96% 21.49% -17.79% 27.05% 13.81% 0.23% -0.13%
P/E 14.1x 8.12x 14.8x 12.1x 15.4x 15.8x 14.6x 13.7x
PBR 3.66x 1.84x 2.8x 2.13x 2.38x 2.63x 2.49x 2.31x
PEG - 1.02x -0.5x -1.6x 1.88x 1x 1.84x 1.97x
Capitalization / Revenue 0.85x 0.45x 0.65x 0.47x 0.63x 0.7x 0.68x 0.66x
EV / Revenue 1.05x 0.62x 0.87x 0.69x 0.89x 0.96x 0.93x 0.9x
EV / EBITDA 7.29x 4.62x 6.54x 5.49x 6.74x 7.05x 6.79x 6.51x
EV / EBIT 10.7x 6.9x 11.2x 9.88x 12.1x 12.1x 11.6x 11x
EV / FCF 20.9x 19x 24.1x 10.3x 32.2x 23x 22.6x 21x
FCF Yield 4.78% 5.27% 4.16% 9.72% 3.1% 4.35% 4.43% 4.76%
Dividend per Share 2 1.8 1.85 1.85 1.85 1.9 1.999 2.106 2.211
Rate of return 3.18% 5.26% 4.12% 5.44% 4.07% 3.6% 3.79% 3.98%
EPS 2 4.01 4.33 3.04 2.81 3.04 3.514 3.793 4.057
Distribution rate 44.9% 42.7% 60.9% 65.8% 62.5% 56.9% 55.5% 54.5%
Net sales 1 81,747 94,436 81,758 84,186 82,855 87,843 90,471 93,652
EBITDA 1 11,746 12,613 10,822 10,606 10,970 11,932 12,410 12,928
EBIT 1 7,978 8,436 6,345 5,886 6,103 6,934 7,286 7,661
Net income 1 5,053 5,359 3,677 3,332 3,501 3,952 4,193 4,440
Net Debt 1 16,366 15,856 17,739 18,998 21,516 22,604 22,794 22,688
Reference price 2 56.54 35.18 44.86 33.98 46.73 55.56 55.56 55.56
Nbr of stocks (in thousands) 1,224,639 1,205,059 1,182,263 1,153,116 1,121,383 1,107,368 - -
Announcement Date 09/03/22 09/03/23 06/03/24 06/03/25 05/03/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.35x1.09x7.94x7.04% 79.22B
15.98x0.97x7.11x3.56% 70.06B
14.08x0.86x7.56x2.07% 68.4B
12.74x9.41x29.01x5.41% 42.19B
28.22x1.18x10.12x0.6% 41.63B
24.97x1.17x12.46x3.06% 31.89B
24.49x1.83x17.52x0.82% 24.93B
13.95x0.4x3.99x2.98% 22.95B
10x1.43x5.28x4.22% 14.96B
Average 17.75x 2.04x 11.22x 3.31% 44.03B
Weighted average by Cap. 17.38x 1.95x 10.84x 3.66%

Y-o-Y evolution of P/E

Valuation ratios - P/E - DHL Group

Historical PBR trend

Valuation ratios - PBR - DHL Group

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - DHL Group

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - DHL Group


Year-on-year evolution of the Yield

Valuation ratios - Yield - DHL Group