Valuation DHL Group

Equities

Market Closed - Xetra Other stock markets 16:35:26 15/04/2026 BST			5-day change	1st Jan Change
48.20 ^EUR	-1.17%		-0.27%	+3.15%

04-14	DHL, IAG Cargo Enter Five-year Sustainable Aviation Fuel Deal	MT
04-13	DHL GROUP : UBS remains Neutral	ZD

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	69,241	42,394	53,030	39,183	52,402	53,614	-	-
Change	-	-38.77%	25.09%	-26.11%	33.74%	2.31%	-	-
Enterprise Value (EV) ¹	85,607	58,250	70,769	58,181	73,918	77,931	77,410	78,064
Change	-	-31.96%	21.49%	-17.79%	27.05%	5.43%	-0.67%	0.84%
P/E ratio	14.1x	8.12x	14.8x	12.1x	15.4x	14.9x	13.4x	12.6x
PBR	3.66x	1.84x	2.8x	2.13x	2.38x	2.32x	2.21x	2.04x
PEG	-	1.02x	-0.5x	-1.6x	1.88x	2.44x	1.2x	2.05x
Capitalization / Revenue	0.85x	0.45x	0.65x	0.47x	0.63x	0.63x	0.61x	0.59x
EV / Revenue	1.05x	0.62x	0.87x	0.69x	0.89x	0.91x	0.88x	0.85x
EV / EBITDA	7.29x	4.62x	6.54x	5.49x	6.74x	6.92x	6.49x	6.28x
EV / EBIT	10.7x	6.9x	11.2x	9.88x	12.1x	12.2x	11.3x	10.8x
EV / FCF	20.9x	19x	24.1x	10.3x	32.2x	24.9x	22.6x	21.1x
FCF Yield	4.78%	5.27%	4.16%	9.72%	3.1%	4.02%	4.43%	4.74%
Dividend per Share ²	1.8	1.85	1.85	1.85	1.9	1.943	2.026	2.164
Rate of return	3.18%	5.26%	4.12%	5.44%	4.07%	4.03%	4.2%	4.49%
EPS ²	4.01	4.33	3.04	2.81	3.04	3.225	3.592	3.813
Distribution rate	44.9%	42.7%	60.9%	65.8%	62.5%	60.2%	56.4%	56.8%
Net sales ¹	81,747	94,436	81,758	84,186	82,855	85,262	88,243	91,465
EBITDA ¹	11,746	12,613	10,822	10,606	10,970	11,268	11,926	12,422
EBIT ¹	7,978	8,436	6,345	5,886	6,103	6,365	6,863	7,225
Net income ¹	5,053	5,359	3,677	3,332	3,501	3,629	3,948	4,210
Net Debt ¹	16,366	15,856	17,739	18,998	21,516	24,317	23,796	24,450
Reference price ²	56.54	35.18	44.86	33.98	46.73	48.20	48.20	48.20
Nbr of stocks (in thousands)	1,224,639	1,205,059	1,182,263	1,153,116	1,121,383	1,112,326	-	-
Announcement Date	09/03/22	09/03/23	06/03/24	06/03/25	05/03/26	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
DHL GROUP	15.17x	0.92x	6.97x	3.99%	64.01B
FEDEX CORPORATION	21.44x	1.1x	9.46x	1.56%	88.32B
UNITED PARCEL SERVICE, INC.	14.74x	1.21x	8.79x	6.37%	87.7B
EXPEDITORS INTERNATIONAL OF WASHINGTON INC.	23.9x	1.63x	16.52x	1.11%	19.27B
J&T GLOBAL EXPRESS LIMITED	37.85x	1x	12.31x	-.--%	11.8B
INPOST S.A.	29.31x	2.42x	8.93x	-.--%	8.91B
GXO LOGISTICS, INC.	28.16x	0.59x	8.7x	-.--%	6.51B
SINOTRANS LIMITED	8.84x	0.32x	5.58x	5.72%	5.87B
SG HOLDINGS CO.,LTD.	15.71x	0.71x	8.36x	3.43%	5.8B
WUCHAN ZHONGDA GROUP CO.,LTD.	6.86x	-	-	-	4.01B
Average	20.20x	1.10x	9.51x	2.47%	30.22B
Weighted average by Cap.	18.79x	1.13x	9.17x	3.44%