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 63,444 - -
Change - -38.77% 25.09% -26.11% 33.74% 21.07% - -
Enterprise Value (EV) 1 85,607 58,250 70,769 58,181 73,918 86,361 86,571 86,450
Change - -31.96% 21.49% -17.79% 27.05% 16.83% 0.24% -0.14%
P/E 14.1x 8.12x 14.8x 12.1x 15.4x 16.1x 14.9x 13.9x
PBR 3.66x 1.84x 2.8x 2.13x 2.38x 2.68x 2.53x 2.34x
PEG - 1.02x -0.5x -1.6x 1.88x 0.9x 1.82x 1.93x
Capitalization / Revenue 0.85x 0.45x 0.65x 0.47x 0.63x 0.71x 0.69x 0.67x
EV / Revenue 1.05x 0.62x 0.87x 0.69x 0.89x 0.97x 0.95x 0.91x
EV / EBITDA 7.29x 4.62x 6.54x 5.49x 6.74x 7.16x 6.89x 6.6x
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 23.7x 22.7x 21.3x
FCF Yield 4.78% 5.27% 4.16% 9.72% 3.1% 4.23% 4.4% 4.69%
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% 3.5% 3.72% 3.91%
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 89,338 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 57.28 57.28 57.28
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 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.($)
16.02x0.96x7.14x3.51% 70.88B
16.74x1.17x8.56x6.46% 86.37B
14.81x0.89x7.9x1.93% 71.93B
31.86x1.34x11.64x0.51% 49.5B
12.34x9.16x28.39x5.55% 40.53B
24.49x1.15x12.29x3.21% 32.32B
24.85x1.86x17.73x0.8% 25.5B
13.86x0.4x3.94x3% 22.78B
10.15x1.45x5.38x4.15% 15.25B
18.44x0.72x7.76x-.--% 10.74B
Average 18.35x 1.91x 11.07x 2.91% 42.58B
Weighted average by Cap. 18.36x 1.87x 10.91x 3.41%

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