Valuation DSV Liquidnet

Stocks

Real-time Estimate Cboe Europe 16:20:00 05/10/2026 BST			5-day change	1st Jan Change
1,160.50 ^DKK	0.00%		0.00%	-

10-01	Nordea cuts price target for DSV to DKK 1,840 (1,850), reiterates buy	FW
09-30	BNP Paribas lowers price target for DSV to DKK 1,900 (2,100), reiterates outperform - BN	FW

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	357,685	238,147	248,050	358,661	381,322	286,289	-	-
Change	-	-33.42%	4.16%	44.59%	6.32%	-24.92%	-	-
Enterprise Value (EV) ¹	386,139	268,017	282,633	358,132	467,946	362,676	359,254	359,506
Change	-	-30.59%	5.45%	26.71%	30.66%	-22.5%	-0.94%	0.07%
P/E	31.7x	14.4x	20.8x	32.5x	47.1x	29.2x	14.7x	12.3x
PBR	4.83x	3.33x	3.61x	2.88x	3.25x	2.24x	2.09x	1.96x
PEG	-	0.2x	-0.8x	-1.8x	-1.7x	1.5x	0.1x	0.6x
Capitalization / Revenue	1.96x	1.01x	1.65x	2.15x	1.54x	0.96x	0.94x	0.92x
EV / Revenue	2.12x	1.14x	1.87x	2.14x	1.89x	1.21x	1.18x	1.15x
EV / EBITDA	18.9x	8.85x	12.3x	16.4x	16.6x	10.4x	9.06x	8.35x
EV / EBIT	23.8x	10.6x	15.9x	22.2x	23.9x	14.9x	12.4x	11.2x
EV / FCF	30.6x	10.4x	19.6x	38.6x	24.8x	21.2x	13.2x	12.4x
FCF Yield	3.27%	9.66%	5.1%	2.59%	4.04%	4.72%	7.6%	8.07%
Dividend per Share ²	5.5	6.5	7	7	7	6.977	8.672	10.23
Rate of return	0.36%	0.59%	0.59%	0.46%	0.43%	0.58%	0.72%	0.85%
EPS ²	48.2	76.2	57.1	47	34.3	41.1	81.61	97.84
Distribution rate	11.4%	8.53%	12.3%	14.9%	20.4%	17%	10.6%	10.5%
Net sales ¹	182,306	235,665	150,785	167,106	247,331	298,557	303,476	312,160
EBITDA ¹	20,417	30,275	22,997	21,831	28,244	34,893	39,662	43,063
EBIT ¹	16,223	25,204	17,723	16,096	19,611	24,404	29,021	32,229
Net income ¹	11,205	17,568	12,315	10,109	8,386	9,676	18,966	22,016
Net Debt ¹	28,454	29,870	34,583	-529	86,624	76,387	72,965	73,218
Reference price ²	1,527.50	1,096.50	1,185.50	1,529.00	1,615.00	1,199.00	1,199.00	1,199.00
Nbr of stocks (in thousands)	234,164	217,188	209,237	234,572	236,113	238,773	-	-
Announcement Date	09/02/22	02/02/23	01/02/24	04/02/25	04/02/26	-	-	-

¹DKK in Million²DKK

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.($)
UNITED PARCEL SERVICE, INC.	15.35x	1.09x	7.94x	7.05%	79.14B
DHL GROUP	16.18x	0.97x	7.17x	3.52%	70.69B
FEDEX CORPORATION	14.15x	0.86x	7.59x	2.06%	68.72B
DSV A/S	29.17x	1.21x	10.39x	0.58%	43.13B
POSTE ITALIANE S.P.A.	12.58x	9.38x	28.91x	5.47%	41.62B
KUEHNE UND NAGEL INTERNATIONAL AG	25.12x	1.17x	12.55x	3.04%	32.15B
EXPEDITORS INTERNATIONAL OF WASHINGTON INC.	24.64x	1.84x	17.64x	0.82%	25.02B
S.F. HOLDING CO., LTD.	13.95x	0.4x	3.99x	2.98%	22.92B
ZTO EXPRESS (CAYMAN) INC.	9.91x	1.42x	5.22x	4.26%	14.82B
Average	17.89x	2.04x	11.27x	3.31%	44.25B
Weighted average by Cap.	17.58x	1.94x	10.85x	3.64%