Valuation DSV LIQUIDNET SYSTEMS

Stocks

Real-time Estimate Cboe Europe Other stock markets 11:00:45 2026-07-31 EDT			5-day change	1st Jan Change
1,405.50 ^DKK	0.00%		0.00%	-

07-24	DSV Kept at Outperform as Bernstein Noted Market Reaction to Road Integration Delays	MT
07-24	Barclays cuts the price target for DSV to 1,950 Danish kroner (2,100), reiterates overweight - 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	338,938	-	-
Change	-	-33.42%	4.16%	44.59%	6.32%	-11.12%	-	-
Enterprise Value (EV) ¹	386,139	268,017	282,633	358,132	467,946	415,027	410,609	409,297
Change	-	-30.59%	5.45%	26.71%	30.66%	-11.31%	-1.06%	-0.32%
P/E	31.7x	14.4x	20.8x	32.5x	47.1x	33.6x	16.7x	13.9x
PBR	4.83x	3.33x	3.61x	2.88x	3.25x	2.66x	2.51x	2.38x
PEG	-	0.2x	-0.8x	-1.8x	-1.7x	1.5x	0x	0.7x
Capitalization / Revenue	1.96x	1.01x	1.65x	2.15x	1.54x	1.13x	1.11x	1.08x
EV / Revenue	2.12x	1.14x	1.87x	2.14x	1.89x	1.39x	1.35x	1.3x
EV / EBITDA	18.9x	8.85x	12.3x	16.4x	16.6x	11.8x	10.1x	9.26x
EV / EBIT	23.8x	10.6x	15.9x	22.2x	23.9x	16.8x	13.7x	12.2x
EV / FCF	30.6x	10.4x	19.6x	38.6x	24.8x	19.7x	15.2x	13.8x
FCF Yield	3.27%	9.66%	5.1%	2.59%	4.04%	5.07%	6.59%	7.24%
Dividend per Share ²	5.5	6.5	7	7	7	7.201	8.818	10.42
Rate of return	0.36%	0.59%	0.59%	0.46%	0.43%	0.51%	0.62%	0.73%
EPS ²	48.2	76.2	57.1	47	34.3	42.22	85.15	102.1
Distribution rate	11.4%	8.53%	12.3%	14.9%	20.4%	17.1%	10.4%	10.2%
Net sales ¹	182,306	235,665	150,785	167,106	247,331	299,094	304,766	314,188
EBITDA ¹	20,417	30,275	22,997	21,831	28,244	35,223	40,630	44,196
EBIT ¹	16,223	25,204	17,723	16,096	19,611	24,645	29,978	33,527
Net income ¹	11,205	17,568	12,315	10,109	8,386	9,898	19,685	22,928
Net Debt ¹	28,454	29,870	34,583	-529	86,624	76,089	71,671	70,359
Reference price ²	1,527.50	1,096.50	1,185.50	1,529.00	1,615.00	1,419.50	1,419.50	1,419.50
Nbr of stocks (in thousands)	234,164	217,188	209,237	234,572	236,113	238,773	-	-
Announcement Date	2/9/22	2/2/23	2/1/24	2/4/25	2/4/26	-	-	-

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.($)
KUEHNE UND NAGEL INTERNATIONAL AG	23.26x	1.09x	11.51x	3.32%	30.02B
HYUNDAI GLOVIS CO., LTD.	8.61x	0.38x	4.13x	3.26%	10.07B
NIPPON EXPRESS HOLDINGS, INC.	20.95x	0.72x	6.54x	1.95%	7.92B
LOGISTA HOLDINGS	17.83x	1.25x	4.67x	5.63%	5.66B
MITSUBISHI LOGISTICS CORPORATION	21.15x	2.25x	17.25x	2.75%	3.44B
KAMIGUMI CO., LTD.	17.68x	1.74x	10.25x	4.02%	3.24B
SANKYU INC.	13.72x	0.83x	7.63x	2.97%	2.95B
SEINO HOLDINGS CO., LTD.	15.52x	0.53x	6.38x	4.01%	2.71B
Average	17.34x	1.10x	8.55x	3.49%	8.25B
Weighted average by Cap.	19.16x	1.01x	9.06x	3.36%