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 65,127 - -
Change - -38.77% 25.09% -26.11% 33.74% 24.28% - -
Enterprise Value (EV) 1 85,607 58,250 70,769 58,181 73,918 88,044 88,255 88,133
Change - -31.96% 21.49% -17.79% 27.05% 19.11% 0.24% -0.14%
P/E 14.1x 8.12x 14.8x 12.1x 15.4x 16.3x 15x 14x
PBR 3.66x 1.84x 2.8x 2.13x 2.38x 2.71x 2.56x 2.37x
PEG - 1.02x -0.5x -1.6x 1.88x 0.9x 1.83x 1.95x
Capitalization / Revenue 0.85x 0.45x 0.65x 0.47x 0.63x 0.73x 0.71x 0.69x
EV / Revenue 1.05x 0.62x 0.87x 0.69x 0.89x 0.99x 0.97x 0.93x
EV / EBITDA 7.29x 4.62x 6.54x 5.49x 6.74x 7.29x 7.02x 6.73x
EV / EBIT 10.7x 6.9x 11.2x 9.88x 12.1x 12.4x 11.9x 11.3x
EV / FCF 20.9x 19x 24.1x 10.3x 32.2x 24.1x 23.2x 21.8x
FCF Yield 4.78% 5.27% 4.16% 9.72% 3.1% 4.14% 4.32% 4.6%
Dividend per Share 2 1.8 1.85 1.85 1.85 1.9 2.007 2.128 2.241
Rate of return 3.18% 5.26% 4.12% 5.44% 4.07% 3.46% 3.67% 3.86%
EPS 2 4.01 4.33 3.04 2.81 3.04 3.565 3.857 4.134
Distribution rate 44.9% 42.7% 60.9% 65.8% 62.5% 56.3% 55.2% 54.2%
Net sales 1 81,747 94,436 81,758 84,186 82,855 88,836 91,450 94,742
EBITDA 1 11,746 12,613 10,822 10,606 10,970 12,069 12,564 13,099
EBIT 1 7,978 8,436 6,345 5,886 6,103 7,080 7,395 7,770
Net income 1 5,053 5,359 3,677 3,332 3,501 4,014 4,267 4,529
Net Debt 1 16,366 15,856 17,739 18,998 21,516 22,917 23,128 23,006
Reference price 2 56.54 35.18 44.86 33.98 46.73 58.00 58.00 58.00
Nbr of stocks (in thousands) 1,224,639 1,205,059 1,182,263 1,153,116 1,121,383 1,107,603 - -
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
16.27x0.98x7.22x3.46% 71.6B
18.01x1.19x8.72x6.21% 89.86B
14.84x0.9x7.92x1.9% 72.09B
32.1x1.35x11.67x0.5% 49.54B
12.56x9.2x28.8x5.45% 40.71B
24.81x1.17x12.52x3.12% 33.26B
24.97x1.87x17.82x0.8% 25.63B
14.48x0.42x4.14x2.87% 23.82B
9.98x1.39x5.14x4.22% 14.73B
18.82x0.73x7.91x-.--% 10.97B
Average 18.68x 1.92x 11.19x 2.85% 43.22B
Weighted average by Cap. 18.78x 1.87x 11.00x 3.34%

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