KONINKLIJKE AHOLD DELHAIZE N (AD.AS) Stock Fundamental Analysis
Europe - AMS:AD - NL0011794037 - Common Stock
35.98 EUR
-0.19 (-0.53%)
We assign a fundamental rating of 4 out of 10 to AD. AD was compared to 21 industry peers in the Consumer Staples Distribution & Retail industry. While AD is still in line with the averages on profitability rating, there are concerns on its financial health. AD is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year AD was profitable.
In the past year AD had a positive cash flow from operations.
Each year in the past 5 years AD has been profitable.
In the past 5 years AD always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of 3.79%, AD perfoms like the industry average, outperforming 52.38% of the companies in the same industry.
The Return On Equity of AD (13.15%) is better than 61.90% of its industry peers.
AD has a Return On Invested Capital (7.26%) which is in line with its industry peers.
The Average Return On Invested Capital over the past 3 years for AD is below the industry average of 9.40%.
The 3 year average ROIC (7.16%) for AD is below the current ROIC(7.26%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.79% | ||
| ROE | 13.15% | ||
| ROIC | 7.26% |
ROA(3y)4.19%
ROA(5y)4.18%
ROE(3y)13.55%
ROE(5y)13.65%
ROIC(3y)7.16%
ROIC(5y)7.13%
1.3 Margins
AD has a Profit Margin of 2.02%. This is in the better half of the industry: AD outperforms 61.90% of its industry peers.
AD's Profit Margin has declined in the last couple of years.
AD has a Operating Margin (3.20%) which is in line with its industry peers.
AD's Operating Margin has declined in the last couple of years.
AD's Gross Margin of 26.49% is fine compared to the rest of the industry. AD outperforms 66.67% 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 Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.2% | ||
| PM (TTM) | 2.02% | ||
| GM | 26.49% |
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%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so AD is still creating some value.
Compared to 1 year ago, AD has less shares outstanding
The number of shares outstanding for AD has been reduced compared to 5 years ago.
Compared to 1 year ago, AD has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.73 indicates that AD is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.73, AD is in line with its industry, outperforming 42.86% of the companies in the same industry.
AD has a debt to FCF ratio of 4.74. This is a neutral value as AD would need 4.74 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 4.74, AD is in the better half of the industry, outperforming 71.43% of the companies in the same industry.
AD has a Debt/Equity ratio of 1.07. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of AD (1.07) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.07 | ||
| Debt/FCF | 4.74 | ||
| Altman-Z | 2.73 |
ROIC/WACC1.43
WACC5.09%
2.3 Liquidity
AD has a Current Ratio of 0.72. This is a bad value and indicates that AD is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.72, AD is doing worse than 80.95% of the companies in the same industry.
AD has a Quick Ratio of 0.72. This is a bad value and indicates that AD is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.43, AD is not doing good in the industry: 61.90% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.72 | ||
| Quick Ratio | 0.43 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 1.90% over the past year.
AD shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 8.32% yearly.
The Revenue has been growing slightly by 0.70% in the past year.
The Revenue has been growing slightly by 6.16% on average over the past years.
EPS 1Y (TTM)1.9%
EPS 3Y5.2%
EPS 5Y8.32%
EPS Q2Q%9.55%
Revenue 1Y (TTM)0.7%
Revenue growth 3Y5.73%
Revenue growth 5Y6.16%
Sales Q2Q%4.06%
3.2 Future
AD is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 1.06% yearly.
The Revenue is expected to grow by 2.29% on average over the next years.
EPS Next Y5.78%
EPS Next 2Y6.32%
EPS Next 3Y6.86%
EPS Next 5Y1.06%
Revenue Next Year3.81%
Revenue Next 2Y2.8%
Revenue Next 3Y2.89%
Revenue Next 5Y2.29%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 13.63 indicates a correct valuation of AD.
Compared to the rest of the industry, the Price/Earnings ratio of AD indicates a somewhat cheap valuation: AD is cheaper than 61.90% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.83, AD is valued a bit cheaper.
AD is valuated correctly with a Price/Forward Earnings ratio of 12.48.
The rest of the industry has a similar Price/Forward Earnings ratio as AD.
AD's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 32.68.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.63 | ||
| Fwd PE | 12.48 |
4.2 Price Multiples
AD's Enterprise Value to EBITDA is on the same level as the industry average.
76.19% of the companies in the same industry are more expensive than AD, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.82 | ||
| EV/EBITDA | 7.73 |
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)2.36
PEG (5Y)1.64
EPS Next 2Y6.32%
EPS Next 3Y6.86%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.29%, AD has a reasonable but not impressive dividend return.
AD's Dividend Yield is a higher than the industry average which is at 3.89.
Compared to an average S&P500 Dividend Yield of 2.39, AD pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.29% |
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
5.3 Sustainability
57.95% of the earnings are spent on dividend by AD. This is a bit on the high side, but may be sustainable.
AD's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP57.95%
EPS Next 2Y6.32%
EPS Next 3Y6.86%
AMS:AD (11/7/2025, 7:00:00 PM)
35.98
-0.19 (-0.53%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)
Earnings (Next)
Inst Owners52%
Inst Owner ChangeN/A
Ins Owners0.09%
Ins Owner ChangeN/A
Market Cap32.27B
Revenue(TTM)89.36B
Net Income(TTM)1.85B
Analysts75.83
Price Target38.8 (7.84%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.29% |
Yearly Dividend1.12
Dividend Growth(5Y)21.56%
DP57.95%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-2.2%
Min EPS beat(2)-2.39%
Max EPS beat(2)-2.01%
EPS beat(4)1
Avg EPS beat(4)-1.22%
Min EPS beat(4)-2.49%
Max EPS beat(4)2%
EPS beat(8)3
Avg EPS beat(8)0.21%
EPS beat(12)7
Avg EPS beat(12)2.85%
EPS beat(16)11
Avg EPS beat(16)4.33%
Revenue beat(2)1
Avg Revenue beat(2)0.59%
Min Revenue beat(2)-2.28%
Max Revenue beat(2)3.47%
Revenue beat(4)2
Avg Revenue beat(4)0.23%
Min Revenue beat(4)-2.66%
Max Revenue beat(4)3.47%
Revenue beat(8)3
Avg Revenue beat(8)-0.57%
Revenue beat(12)3
Avg Revenue beat(12)-1.14%
Revenue beat(16)4
Avg Revenue beat(16)-0.99%
PT rev (1m)2.53%
PT rev (3m)2.2%
EPS NQ rev (1m)1%
EPS NQ rev (3m)-8.18%
EPS NY rev (1m)0%
EPS NY rev (3m)-3.6%
Revenue NQ rev (1m)-0.49%
Revenue NQ rev (3m)-0.7%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.88%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.63 | ||
| Fwd PE | 12.48 | ||
| P/S | 0.35 | ||
| P/FCF | 7.82 | ||
| P/OCF | 4.93 | ||
| P/B | 2.29 | ||
| P/tB | 74.19 | ||
| EV/EBITDA | 7.73 |
EPS(TTM)2.64
EY7.34%
EPS(NY)2.88
Fwd EY8.01%
FCF(TTM)4.6
FCFY12.79%
OCF(TTM)7.29
OCFY20.27%
SpS102.18
BVpS15.73
TBVpS0.48
PEG (NY)2.36
PEG (5Y)1.64
Graham Number30.57
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.79% | ||
| ROE | 13.15% | ||
| ROCE | 9.16% | ||
| ROIC | 7.26% | ||
| ROICexc | 7.26% | ||
| ROICexgc | 12.68% | ||
| OM | 3.2% | ||
| PM (TTM) | 2.02% | ||
| GM | 26.49% | ||
| 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 Turnover1.87
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.07 | ||
| Debt/FCF | 4.74 | ||
| Debt/EBITDA | 2.24 | ||
| Cap/Depr | 63.68% | ||
| Cap/Sales | 2.63% | ||
| Interest Coverage | 11.02 | ||
| Cash Conversion | 97.28% | ||
| Profit Quality | 222.43% | ||
| Current Ratio | 0.72 | ||
| Quick Ratio | 0.43 | ||
| Altman-Z | 2.73 |
F-Score7
WACC5.09%
ROIC/WACC1.43
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)1.9%
EPS 3Y5.2%
EPS 5Y8.32%
EPS Q2Q%9.55%
EPS Next Y5.78%
EPS Next 2Y6.32%
EPS Next 3Y6.86%
EPS Next 5Y1.06%
Revenue 1Y (TTM)0.7%
Revenue growth 3Y5.73%
Revenue growth 5Y6.16%
Sales Q2Q%4.06%
Revenue Next Year3.81%
Revenue Next 2Y2.8%
Revenue Next 3Y2.89%
Revenue Next 5Y2.29%
EBIT growth 1Y1.35%
EBIT growth 3Y-5.7%
EBIT growth 5Y0.9%
EBIT Next Year103.78%
EBIT Next 3Y28.98%
EBIT Next 5Y16.35%
FCF growth 1Y4.59%
FCF growth 3Y8.22%
FCF growth 5Y3.97%
OCF growth 1Y0.89%
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.
Can you provide the valuation status for KONINKLIJKE AHOLD DELHAIZE N?
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.
What are the PE and PB ratios of KONINKLIJKE AHOLD DELHAIZE N (AD.AS) stock?
The Price/Earnings (PE) ratio for KONINKLIJKE AHOLD DELHAIZE N (AD.AS) is 13.63 and the Price/Book (PB) ratio is 2.29.
What is the earnings growth outlook for KONINKLIJKE AHOLD DELHAIZE N?
The Earnings per Share (EPS) of KONINKLIJKE AHOLD DELHAIZE N (AD.AS) is expected to grow by 5.78% in the next year.