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 64,263 - -
Change - -38.77% 25.09% -26.11% 33.74% 22.63% - -
Enterprise Value (EV) 1 85,607 58,250 70,769 58,181 73,918 87,040 87,552 87,439
Change - -31.96% 21.49% -17.79% 27.05% 17.75% 0.59% -0.13%
P/E 14.1x 8.12x 14.8x 12.1x 15.4x 16.2x 15x 14x
PBR 3.66x 1.84x 2.8x 2.13x 2.38x 2.72x 2.58x 2.39x
PEG - 1.02x -0.5x -1.6x 1.88x 0.9x 1.92x 1.87x
Capitalization / Revenue 0.85x 0.45x 0.65x 0.47x 0.63x 0.72x 0.7x 0.67x
EV / Revenue 1.05x 0.62x 0.87x 0.69x 0.89x 0.97x 0.95x 0.92x
EV / EBITDA 7.29x 4.62x 6.54x 5.49x 6.74x 7.15x 6.93x 6.64x
EV / EBIT 10.7x 6.9x 11.2x 9.88x 12.1x 12.3x 11.7x 11.2x
EV / FCF 20.9x 19x 24.1x 10.3x 32.2x 23.1x 23.5x 21.6x
FCF Yield 4.78% 5.27% 4.16% 9.72% 3.1% 4.33% 4.25% 4.63%
Dividend per Share 2 1.8 1.85 1.85 1.85 1.9 1.997 2.125 2.233
Rate of return 3.18% 5.26% 4.12% 5.44% 4.07% 3.44% 3.66% 3.85%
EPS 2 4.01 4.33 3.04 2.81 3.04 3.584 3.863 4.152
Distribution rate 44.9% 42.7% 60.9% 65.8% 62.5% 55.7% 55% 53.8%
Net sales 1 81,747 94,436 81,758 84,186 82,855 89,655 92,188 95,360
EBITDA 1 11,746 12,613 10,822 10,606 10,970 12,180 12,629 13,162
EBIT 1 7,978 8,436 6,345 5,886 6,103 7,092 7,453 7,827
Net income 1 5,053 5,359 3,677 3,332 3,501 3,975 4,254 4,515
Net Debt 1 16,366 15,856 17,739 18,998 21,516 22,777 23,289 23,176
Reference price 2 56.54 35.18 44.86 33.98 46.73 58.02 58.02 58.02
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
16.12x0.97x7.05x3.34% 71.65B
18.5x1.22x8.9x6.05% 92.21B
14.6x0.84x7.5x1.87% 72.17B
33.92x1.41x12.21x0.47% 52.35B
12.88x9.24x29.05x5.33% 41.28B
25.17x1.18x12.66x3.11% 34.12B
15.77x0.47x4.68x2.61% 25.83B
21.38x1.61x15.07x0.85% 23.84B
10.52x1.48x5.48x4% 15.52B
20.52x0.8x8.58x-.--% 11.96B
Average 18.94x 1.92x 11.12x 2.76% 44.09B
Weighted average by Cap. 19.07x 1.86x 10.90x 3.25%

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