KONINKLIJKE AHOLD DELHAIZE N (AD.AS) Stock Fundamental Analysis
Europe - AMS:AD - NL0011794037 - Common Stock
34.14 EUR
+0.11 (+0.32%)
We assign a fundamental rating of 4 out of 10 to AD. AD was compared to 22 industry peers in the Consumer Staples Distribution & Retail industry. AD has a medium profitability rating, but doesn't score so well on its financial health evaluation. AD has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year AD was profitable.
AD had a positive operating cash flow in the past year.
Each year in the past 5 years AD has been profitable.
AD had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
AD has a Return On Assets (3.58%) which is in line with its industry peers.
AD has a Return On Equity of 12.00%. This is comparable to the rest of the industry: AD outperforms 59.09% of its industry peers.
Looking at the Return On Invested Capital, with a value of 6.33%, AD is in line with its industry, outperforming 50.00% of the companies in the same industry.
AD had an Average Return On Invested Capital over the past 3 years of 7.16%. This is below the industry average of 9.45%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.58% | ||
| ROE | 12% | ||
| ROIC | 6.33% |
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
With a Profit Margin value of 2.02%, AD perfoms like the industry average, outperforming 59.09% of the companies in the same industry.
AD's Profit Margin has declined in the last couple of years.
AD has a Operating Margin of 3.20%. This is comparable to the rest of the industry: AD outperforms 45.45% of its industry peers.
AD's Operating Margin has declined in the last couple of years.
The Gross Margin of AD (26.49%) is comparable to the rest of the industry.
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
AD has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
AD has less shares outstanding than it did 1 year ago.
The number of shares outstanding for AD has been reduced compared to 5 years ago.
The debt/assets ratio for AD is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.59 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 2.59, AD is doing worse than 63.64% of the companies in the same industry.
The Debt to FCF ratio of AD is 4.92, which is a neutral value as it means it would take AD, 4.92 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 4.92, AD is in the better half of the industry, outperforming 72.73% of the companies in the same industry.
A Debt/Equity ratio of 1.18 is on the high side and indicates that AD has dependencies on debt financing.
The Debt to Equity ratio of AD (1.18) is worse than 63.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.18 | ||
| Debt/FCF | 4.92 | ||
| Altman-Z | 2.59 |
ROIC/WACC1.26
WACC5.02%
2.3 Liquidity
A Current Ratio of 0.84 indicates that AD may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.84, AD is in line with its industry, outperforming 40.91% of the companies in the same industry.
AD has a Quick Ratio of 0.84. 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 Quick ratio (0.56) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.84 | ||
| Quick Ratio | 0.56 |
3. Growth
3.1 Past
AD shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 1.18%.
Measured over the past years, AD shows a quite strong growth in Earnings Per Share. The EPS has been growing by 8.32% on average per year.
Looking at the last year, AD shows a small growth in Revenue. The Revenue has grown by 2.93% in the last year.
The Revenue has been growing slightly by 6.16% on average over the past years.
EPS 1Y (TTM)1.18%
EPS 3Y5.2%
EPS 5Y8.32%
EPS Q2Q%0%
Revenue 1Y (TTM)2.93%
Revenue growth 3Y5.73%
Revenue growth 5Y6.16%
Sales Q2Q%3.32%
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.
The Revenue is expected to grow by 1.43% on average over the next years.
EPS Next Y5.78%
EPS Next 2Y6.32%
EPS Next 3Y6.86%
EPS Next 5Y4.03%
Revenue Next Year3.73%
Revenue Next 2Y2.86%
Revenue Next 3Y2.93%
Revenue Next 5Y1.43%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
Based on the Price/Earnings ratio of 13.23, the valuation of AD can be described as correct.
Based on the Price/Earnings ratio, AD is valued a bit cheaper than the industry average as 63.64% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of AD to the average of the S&P500 Index (27.54), we can say AD is valued rather cheaply.
A Price/Forward Earnings ratio of 11.84 indicates a reasonable valuation of AD.
The rest of the industry has a similar Price/Forward Earnings ratio as AD.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.05, AD is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.23 | ||
| Fwd PE | 11.84 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AD is valued a bit cheaper than 72.73% of the companies in the same industry.
77.27% 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 | 7.51 | ||
| EV/EBITDA | 6.27 |
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)2.29
PEG (5Y)1.59
EPS Next 2Y6.32%
EPS Next 3Y6.86%
5. Dividend
5.1 Amount
AD has a Yearly Dividend Yield of 3.50%.
Compared to an average industry Dividend Yield of 3.87, AD pays a bit more dividend than its industry peers.
AD's Dividend Yield is a higher than the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.5% |
5.2 History
The dividend of AD is nicely growing with an annual growth rate of 21.56%!
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 (9/29/2025, 5:36:15 PM)
34.14
+0.11 (+0.32%)
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 Cap30.99B
Analysts74.4
Price Target37.84 (10.84%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.5% |
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)-0.18%
PT rev (3m)-0.74%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-4.55%
EPS NY rev (1m)-0.33%
EPS NY rev (3m)-3.6%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.14%
Revenue NY rev (3m)-0.96%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.23 | ||
| Fwd PE | 11.84 | ||
| P/S | 0.34 | ||
| P/FCF | 7.51 | ||
| P/OCF | 4.74 | ||
| P/B | 2.01 | ||
| P/tB | 15.24 | ||
| EV/EBITDA | 6.27 |
EPS(TTM)2.58
EY7.56%
EPS(NY)2.88
Fwd EY8.44%
FCF(TTM)4.54
FCFY13.31%
OCF(TTM)7.2
OCFY21.1%
SpS100.95
BVpS17.02
TBVpS2.24
PEG (NY)2.29
PEG (5Y)1.59
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.58% | ||
| ROE | 12% | ||
| ROCE | 8.51% | ||
| ROIC | 6.33% | ||
| ROICexc | 7.69% | ||
| ROICexgc | 13.83% | ||
| 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%
ROICexcg growth 3Y-6.55%
ROICexcg 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-Score5
Asset Turnover1.77
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.18 | ||
| Debt/FCF | 4.92 | ||
| Debt/EBITDA | 2.71 | ||
| Cap/Depr | 63.68% | ||
| Cap/Sales | 2.63% | ||
| Interest Coverage | 11.02 | ||
| Cash Conversion | 97.28% | ||
| Profit Quality | 222.43% | ||
| Current Ratio | 0.84 | ||
| Quick Ratio | 0.56 | ||
| Altman-Z | 2.59 |
F-Score5
WACC5.02%
ROIC/WACC1.26
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)1.18%
EPS 3Y5.2%
EPS 5Y8.32%
EPS Q2Q%0%
EPS Next Y5.78%
EPS Next 2Y6.32%
EPS Next 3Y6.86%
EPS Next 5Y4.03%
Revenue 1Y (TTM)2.93%
Revenue growth 3Y5.73%
Revenue growth 5Y6.16%
Sales Q2Q%3.32%
Revenue Next Year3.73%
Revenue Next 2Y2.86%
Revenue Next 3Y2.93%
Revenue Next 5Y1.43%
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%