Valuation DHL Group

Equities

Market Closed - Xetra Other stock markets 16:37:08 22/01/2026 GMT			After hours 20:32:15
46.75 ^EUR	+1.63%		46.70	-0.12%

08:32am	DHL GROUP : Bernstein sticks Neutral	ZD
01-21	CS Diagnostics Corp. Selects DHL for Bulk and Institutional Shipments	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	50,182	69,241	42,394	53,030	39,183	49,284	49,284	-
Change	-	37.98%	-38.77%	25.09%	-26.11%	25.78%	0%	-
Enterprise Value (EV) ¹	63,110	85,607	58,250	70,769	58,181	71,131	71,930	71,536
Change	-	35.65%	-31.96%	21.49%	-17.79%	22.26%	1.12%	-0.55%
P/E ratio	17.2x	14.1x	8.12x	14.8x	12.1x	15x	13.9x	12.5x
PBR	3.64x	3.66x	1.84x	2.8x	2.13x	2.24x	2.16x	2.02x
PEG	-	0.2x	1.02x	-0.5x	-1.6x	1.6x	1.87x	1.1x
Capitalization / Revenue	0.75x	0.85x	0.45x	0.65x	0.47x	0.59x	0.58x	0.56x
EV / Revenue	0.94x	1.05x	0.62x	0.87x	0.69x	0.85x	0.84x	0.81x
EV / EBITDA	7.27x	7.29x	4.62x	6.54x	5.49x	6.51x	6.36x	5.97x
EV / EBIT	13x	10.7x	6.9x	11.2x	9.88x	11.7x	11.3x	10.4x
EV / FCF	24.9x	20.9x	19x	24.1x	10.3x	23.9x	24.4x	21.5x
FCF Yield	4.02%	4.78%	5.27%	4.16%	9.72%	4.18%	4.1%	4.65%
Dividend per Share ²	1.35	1.8	1.85	1.85	1.85	1.86	1.911	1.991
Rate of return	3.33%	3.18%	5.26%	4.12%	5.44%	4.04%	4.15%	4.33%
EPS ²	2.36	4.01	4.33	3.04	2.81	3.073	3.302	3.672
Distribution rate	57.2%	44.9%	42.7%	60.9%	65.8%	60.5%	57.9%	54.2%
Net sales ¹	66,806	81,747	94,436	81,758	84,186	83,428	85,215	88,623
EBITDA ¹	8,677	11,746	12,613	10,822	10,606	10,932	11,312	11,973
EBIT ¹	4,847	7,978	8,436	6,345	5,886	6,079	6,366	6,880
Net income ¹	2,979	5,053	5,359	3,677	3,332	3,514	3,670	3,985
Net Debt ¹	12,928	16,366	15,856	17,739	18,998	21,847	22,646	22,253
Reference price ²	40.50	56.54	35.18	44.86	33.98	46.00	46.00	46.00
Nbr of stocks (in thousands)	1,239,059	1,224,639	1,205,059	1,182,263	1,153,116	1,071,383	1,071,383	-
Announcement Date	09/03/21	09/03/22	09/03/23	06/03/24	06/03/25	-	-	-

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	14.97x	0.85x	6.51x	4.04%	57.64B
UNITED PARCEL SERVICE, INC.	16.6x	1.27x	9.25x	6.03%	92.03B
FEDEX CORPORATION	18.52x	0.95x	8.39x	1.87%	72.17B
EXPEDITORS INTERNATIONAL OF WASHINGTON INC.	27.51x	1.89x	18.65x	0.93%	21.78B
J&T GLOBAL EXPRESS LIMITED	41.45x	1.09x	13.45x	-.--%	12.85B
INPOST S.A.	25.9x	2.48x	8.68x	-.--%	7.77B
GXO LOGISTICS, INC.	101.59x	0.64x	9.61x	-.--%	6.51B
SG HOLDINGS CO.,LTD.	15.26x	0.69x	8.15x	3.52%	5.69B
SINOTRANS LIMITED	7.03x	0.34x	5.3x	7.75%	5.62B
WUCHAN ZHONGDA GROUP CO.,LTD.	7.61x	-	-	-	4.35B
Average	27.64x	1.13x	9.78x	2.68%	28.64B
Weighted average by Cap.	20.53x	1.13x	9.28x	3.57%