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 62,190 - -
Change - -38.77% 25.09% -26.11% 33.74% 18.68% - -
Enterprise Value (EV) 1 85,607 58,250 70,769 58,181 73,918 84,794 84,984 84,877
Change - -31.96% 21.49% -17.79% 27.05% 14.71% 0.22% -0.13%
P/E 14.1x 8.12x 14.8x 12.1x 15.4x 16x 14.8x 13.8x
PBR 3.66x 1.84x 2.8x 2.13x 2.38x 2.66x 2.52x 2.34x
PEG - 1.02x -0.5x -1.6x 1.88x 1x 1.86x 1.98x
Capitalization / Revenue 0.85x 0.45x 0.65x 0.47x 0.63x 0.71x 0.69x 0.66x
EV / Revenue 1.05x 0.62x 0.87x 0.69x 0.89x 0.97x 0.94x 0.91x
EV / EBITDA 7.29x 4.62x 6.54x 5.49x 6.74x 7.11x 6.85x 6.57x
EV / EBIT 10.7x 6.9x 11.2x 9.88x 12.1x 12.2x 11.7x 11.1x
EV / FCF 20.9x 19x 24.1x 10.3x 32.2x 23.2x 22.8x 21.2x
FCF Yield 4.78% 5.27% 4.16% 9.72% 3.1% 4.31% 4.39% 4.72%
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% 3.56% 3.75% 3.94%
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 56.16 56.16 56.16
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 3/9/22 3/9/23 3/6/24 3/6/25 3/5/26 - - -
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% 79.24B
15.91x0.96x7.08x3.57% 69.41B
14.08x0.86x7.56x2.07% 68.43B
28.31x1.18x10.14x0.6% 41.57B
12.68x9.4x28.97x5.43% 41.77B
24.61x1.15x12.31x3.1% 31.44B
24.78x1.85x17.74x0.81% 25.23B
13.95x0.4x3.98x2.98% 22.91B
10.01x1.43x5.29x4.22% 14.97B
Average 17.74x 2.04x 11.22x 3.31% 43.89B
Weighted average by Cap. 17.37x 1.94x 10.82x 3.67%

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