KONINKLIJKE AHOLD DELHAIZE N (AD.AS) Stock Fundamental Analysis

AMS:AD • NL0011794037

39.88 EUR
+0.29 (+0.73%)
Last: Feb 17, 2026, 04:31 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

4

We assign a fundamental rating of 4 out of 10 to AD. AD was compared to 26 industry peers in the Consumer Staples Distribution & Retail industry. There are concerns on the financial health of AD while its profitability can be described as average. AD has a valuation in line with the averages, but on the other hand it scores bad on growth.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • In the past year AD was profitable.
  • AD had a positive operating cash flow in the past year.
  • AD had positive earnings in 4 of the past 5 years.
  • Of the past 5 years AD 4 years had a positive operating cash flow.
AD.AS Yearly Net Income VS EBIT VS OCF VS FCFAD.AS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B

1.2 Ratios

  • AD has a Return On Assets of 4.22%. This is in the better half of the industry: AD outperforms 73.08% of its industry peers.
  • With a decent Return On Equity value of 14.91%, AD is doing good in the industry, outperforming 65.38% of the companies in the same industry.
  • With a Return On Invested Capital value of 8.12%, AD perfoms like the industry average, outperforming 57.69% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for AD is in line with the industry average of 9.15%.
  • The last Return On Invested Capital (8.12%) for AD is above the 3 year average (7.16%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 4.22%
ROE 14.91%
ROIC 8.12%
ROA(3y)4.19%
ROA(5y)4.18%
ROE(3y)13.55%
ROE(5y)13.65%
ROIC(3y)7.16%
ROIC(5y)7.13%
AD.AS Yearly ROA, ROE, ROICAD.AS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15

1.3 Margins

  • AD's Profit Margin of 2.24% is fine compared to the rest of the industry. AD outperforms 65.38% of its industry peers.
  • In the last couple of years the Profit Margin of AD has declined.
  • With a Operating Margin value of 3.53%, AD perfoms like the industry average, outperforming 53.85% of the companies in the same industry.
  • In the last couple of years the Operating Margin of AD has declined.
  • AD has a Gross Margin of 26.45%. This is in the better half of the industry: AD outperforms 65.38% of its industry peers.
  • In the last couple of years the Gross Margin of AD has remained more or less at the same level.
Industry RankSector Rank
OM 3.53%
PM (TTM) 2.24%
GM 26.45%
OM growth 3Y-10.81%
OM growth 5Y-4.96%
PM growth 3Y-12.74%
PM growth 5Y-5.83%
GM growth 3Y-0.89%
GM growth 5Y-0.46%
AD.AS Yearly Profit, Operating, Gross MarginsAD.AS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15 20 25

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), AD is creating some value.
  • There is no outstanding debt for AD. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
AD.AS Yearly Shares OutstandingAD.AS Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B
AD.AS Yearly Total Debt VS Total AssetsAD.AS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 10B 20B 30B 40B 50B

2.2 Solvency

  • AD has an Altman-Z score of 2.79. This is not the best score and indicates that AD is in the grey zone with still only limited risk for bankruptcy at the moment.
  • AD's Altman-Z score of 2.79 is in line compared to the rest of the industry. AD outperforms 46.15% of its industry peers.
  • AD has a debt to FCF ratio of 4.79. This is a neutral value as AD would need 4.79 years to pay back of all of its debts.
  • AD has a better Debt to FCF ratio (4.79) than 73.08% of its industry peers.
  • AD has a Debt/Equity ratio of 1.08. This is a high value indicating a heavy dependency on external financing.
  • AD has a Debt to Equity ratio of 1.08. This is comparable to the rest of the industry: AD outperforms 50.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.08
Debt/FCF 4.79
Altman-Z 2.79
ROIC/WACC1.57
WACC5.16%
AD.AS Yearly LT Debt VS Equity VS FCFAD.AS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B

2.3 Liquidity

  • AD has a Current Ratio of 0.70. This is a bad value and indicates that AD is not financially healthy enough and could expect problems in meeting its short term obligations.
  • AD has a worse Current ratio (0.70) than 76.92% of its industry peers.
  • AD has a Quick Ratio of 0.70. This is a bad value and indicates that AD is not financially healthy enough and could expect problems in meeting its short term obligations.
  • AD's Quick ratio of 0.42 is in line compared to the rest of the industry. AD outperforms 46.15% of its industry peers.
Industry RankSector Rank
Current Ratio 0.7
Quick Ratio 0.42
AD.AS Yearly Current Assets VS Current LiabilitesAD.AS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. Growth

3.1 Past

  • AD shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 4.05%.
  • Measured over the past 5 years, AD shows a small growth in Earnings Per Share. The EPS has been growing by 3.17% on average per year.
EPS 1Y (TTM)4.05%
EPS 3Y1.2%
EPS 5Y3.17%
EPS Q2Q%3.36%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-1.43%

3.2 Future

  • Based on estimates for the next years, AD will show a small growth in Earnings Per Share. The EPS will grow by 4.03% on average per year.
  • AD is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.07% yearly.
EPS Next Y7.01%
EPS Next 2Y7.7%
EPS Next 3Y4.16%
EPS Next 5Y4.03%
Revenue Next Year1.65%
Revenue Next 2Y2.35%
Revenue Next 3Y1.72%
Revenue Next 5Y1.07%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
AD.AS Yearly Revenue VS EstimatesAD.AS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 20B 40B 60B 80B 100B
AD.AS Yearly EPS VS EstimatesAD.AS Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 1 2 3

More info and screens

Find the best growth stocksShow best growing peers

4

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 15.05 indicates a correct valuation of AD.
  • Based on the Price/Earnings ratio, AD is valued a bit cheaper than the industry average as 69.23% of the companies are valued more expensively.
  • AD is valuated rather cheaply when we compare the Price/Earnings ratio to 27.19, which is the current average of the S&P500 Index.
  • AD is valuated correctly with a Price/Forward Earnings ratio of 14.05.
  • AD's Price/Forward Earnings is on the same level as the industry average.
  • AD is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 28.06, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 15.05
Fwd PE 14.05
AD.AS Price Earnings VS Forward Price EarningsAD.AS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • AD's Enterprise Value to EBITDA ratio is in line with the industry average.
  • 80.77% of the companies in the same industry are more expensive than AD, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 8.58
EV/EBITDA 7.93
AD.AS Per share dataAD.AS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60 80 100

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates AD does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)2.15
PEG (5Y)4.75
EPS Next 2Y7.7%
EPS Next 3Y4.16%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. Dividend

5.1 Amount

  • AD has a Yearly Dividend Yield of 3.14%. Purely for dividend investing, there may be better candidates out there.
  • AD's Dividend Yield is a higher than the industry average which is at 2.55.
  • Compared to an average S&P500 Dividend Yield of 1.82, AD pays a better dividend.
Industry RankSector Rank
Dividend Yield 3.14%

5.2 History

  • On average, the dividend of AD grows each year by 21.56%, which is quite nice.
Dividend Growth(5Y)21.56%
Div Incr Years3
Div Non Decr Years3
AD.AS Yearly Dividends per shareAD.AS Yearly Dividends per shareYearly Dividends per share 2019 2020 2021 2022 2023 2024 2025 2026 0.2 0.4 0.6 0.8 1

5.3 Sustainability

  • 51.77% of the earnings are spent on dividend by AD. This is a bit on the high side, but may be sustainable.
  • The dividend of AD is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP51.77%
EPS Next 2Y7.7%
EPS Next 3Y4.16%
AD.AS Yearly Income VS Free CF VS DividendAD.AS Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B
AD.AS Dividend Payout.AD.AS Dividend Payout, showing the Payout Ratio.AD.AS Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

KONINKLIJKE AHOLD DELHAIZE N

AMS:AD (2/17/2026, 4:31:15 PM)

39.88

+0.29 (+0.73%)

Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)02-11
Earnings (Next)05-06
Inst Owners54.9%
Inst Owner ChangeN/A
Ins Owners0.08%
Ins Owner ChangeN/A
Market Cap35.54B
Revenue(TTM)N/A
Net Income(TTM)2.07B
Analysts78.4
Price Target39.07 (-2.03%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 3.14%
Yearly Dividend1.12
Dividend Growth(5Y)21.56%
DP51.77%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.67%
Min EPS beat(2)-2.01%
Max EPS beat(2)7.34%
EPS beat(4)1
Avg EPS beat(4)0.11%
Min EPS beat(4)-2.49%
Max EPS beat(4)7.34%
EPS beat(8)4
Avg EPS beat(8)1.8%
EPS beat(12)7
Avg EPS beat(12)2.3%
EPS beat(16)11
Avg EPS beat(16)3.65%
Revenue beat(2)1
Avg Revenue beat(2)0.31%
Min Revenue beat(2)-2.85%
Max Revenue beat(2)3.47%
Revenue beat(4)1
Avg Revenue beat(4)-1.08%
Min Revenue beat(4)-2.85%
Max Revenue beat(4)3.47%
Revenue beat(8)3
Avg Revenue beat(8)-0.54%
Revenue beat(12)3
Avg Revenue beat(12)-1.36%
Revenue beat(16)4
Avg Revenue beat(16)-1.12%
PT rev (1m)-1.29%
PT rev (3m)0.71%
EPS NQ rev (1m)-0.48%
EPS NQ rev (3m)-2.69%
EPS NY rev (1m)-0.19%
EPS NY rev (3m)0.86%
Revenue NQ rev (1m)16.75%
Revenue NQ rev (3m)-1.35%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.2%
Valuation
Industry RankSector Rank
PE 15.05
Fwd PE 14.05
P/S 0.39
P/FCF 8.58
P/OCF 5.38
P/B 2.56
P/tB 210.3
EV/EBITDA 7.93
EPS(TTM)2.65
EY6.64%
EPS(NY)2.84
Fwd EY7.12%
FCF(TTM)4.65
FCFY11.65%
OCF(TTM)7.41
OCFY18.59%
SpS103.39
BVpS15.55
TBVpS0.19
PEG (NY)2.15
PEG (5Y)4.75
Graham Number30.45
Profitability
Industry RankSector Rank
ROA 4.22%
ROE 14.91%
ROCE 10.24%
ROIC 8.12%
ROICexc 8.12%
ROICexgc 14.27%
OM 3.53%
PM (TTM) 2.24%
GM 26.45%
FCFM 4.5%
ROA(3y)4.19%
ROA(5y)4.18%
ROE(3y)13.55%
ROE(5y)13.65%
ROIC(3y)7.16%
ROIC(5y)7.13%
ROICexc(3y)8.2%
ROICexc(5y)8.1%
ROICexgc(3y)14.53%
ROICexgc(5y)14.46%
ROCE(3y)9.39%
ROCE(5y)9.31%
ROICexgc growth 3Y-6.55%
ROICexgc growth 5Y-2.37%
ROICexc growth 3Y-6.86%
ROICexc growth 5Y-1.86%
OM growth 3Y-10.81%
OM growth 5Y-4.96%
PM growth 3Y-12.74%
PM growth 5Y-5.83%
GM growth 3Y-0.89%
GM growth 5Y-0.46%
F-Score7
Asset Turnover1.88
Health
Industry RankSector Rank
Debt/Equity 1.08
Debt/FCF 4.79
Debt/EBITDA 2.16
Cap/Depr 66.55%
Cap/Sales 2.68%
Interest Coverage 12.75
Cash Conversion 95%
Profit Quality 200.39%
Current Ratio 0.7
Quick Ratio 0.42
Altman-Z 2.79
F-Score7
WACC5.16%
ROIC/WACC1.57
Cap/Depr(3y)64.41%
Cap/Depr(5y)72.49%
Cap/Sales(3y)2.73%
Cap/Sales(5y)2.97%
Profit Quality(3y)193.28%
Profit Quality(5y)196.29%
High Growth Momentum
Growth
EPS 1Y (TTM)4.05%
EPS 3Y1.2%
EPS 5Y3.17%
EPS Q2Q%3.36%
EPS Next Y7.01%
EPS Next 2Y7.7%
EPS Next 3Y4.16%
EPS Next 5Y4.03%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-1.43%
Revenue Next Year1.65%
Revenue Next 2Y2.35%
Revenue Next 3Y1.72%
Revenue Next 5Y1.07%
EBIT growth 1Y14.03%
EBIT growth 3Y-5.7%
EBIT growth 5Y0.9%
EBIT Next Year102.47%
EBIT Next 3Y28.58%
EBIT Next 5Y16.35%
FCF growth 1Y-3.85%
FCF growth 3Y8.22%
FCF growth 5Y3.97%
OCF growth 1Y-2.87%
OCF growth 3Y4.41%
OCF growth 5Y2.7%

KONINKLIJKE AHOLD DELHAIZE N / AD.AS FAQ

What is the ChartMill fundamental rating of KONINKLIJKE AHOLD DELHAIZE N (AD.AS) stock?

ChartMill assigns a fundamental rating of 4 / 10 to AD.AS.


What is the valuation status of KONINKLIJKE AHOLD DELHAIZE N (AD.AS) stock?

ChartMill assigns a valuation rating of 4 / 10 to KONINKLIJKE AHOLD DELHAIZE N (AD.AS). This can be considered as Fairly Valued.


What is the profitability of AD stock?

KONINKLIJKE AHOLD DELHAIZE N (AD.AS) has a profitability rating of 5 / 10.


Can you provide the financial health for AD stock?

The financial health rating of KONINKLIJKE AHOLD DELHAIZE N (AD.AS) is 3 / 10.


Can you provide the expected EPS growth for AD stock?

The Earnings per Share (EPS) of KONINKLIJKE AHOLD DELHAIZE N (AD.AS) is expected to grow by 7.01% in the next year.