KONINKLIJKE AHOLD DELHAIZE N (AHOG.DE) Stock Fundamental Analysis
FRA:AHOG - Deutsche Boerse Ag - NL0011794037 - Common Stock - Currency: EUR
We assign a fundamental rating of 4 out of 10 to AHOG. AHOG was compared to 24 industry peers in the Consumer Staples Distribution & Retail industry. While AHOG is still in line with the averages on profitability rating, there are concerns on its financial health. AHOG is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year AHOG was profitable.
In the past year AHOG had a positive cash flow from operations.
Each year in the past 5 years AHOG has been profitable.
Each year in the past 5 years AHOG had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 3.40%, AHOG perfoms like the industry average, outperforming 54.17% of the companies in the same industry.
With a decent Return On Equity value of 11.42%, AHOG is doing good in the industry, outperforming 62.50% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 6.01%, AHOG is in line with its industry, outperforming 45.83% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for AHOG is below the industry average of 9.73%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.4% | ||
| ROE | 11.42% | ||
| ROIC | 6.01% |
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
AHOG's Profit Margin of 1.98% is in line compared to the rest of the industry. AHOG outperforms 58.33% of its industry peers.
In the last couple of years the Profit Margin of AHOG has declined.
AHOG has a Operating Margin (3.12%) which is in line with its industry peers.
AHOG's Operating Margin has declined in the last couple of years.
AHOG has a better Gross Margin (26.64%) than 66.67% of its industry peers.
AHOG's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.12% | ||
| PM (TTM) | 1.98% | ||
| GM | 26.64% |
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), AHOG is creating some value.
The number of shares outstanding for AHOG has been reduced compared to 1 year ago.
The number of shares outstanding for AHOG has been reduced compared to 5 years ago.
Compared to 1 year ago, AHOG has a worse debt to assets ratio.
2.2 Solvency
AHOG has an Altman-Z score of 2.58. This is not the best score and indicates that AHOG is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of AHOG (2.58) is worse than 62.50% of its industry peers.
AHOG has a debt to FCF ratio of 5.18. This is a neutral value as AHOG would need 5.18 years to pay back of all of its debts.
AHOG has a Debt to FCF ratio of 5.18. This is in the better half of the industry: AHOG outperforms 75.00% of its industry peers.
AHOG has a Debt/Equity ratio of 1.18. This is a high value indicating a heavy dependency on external financing.
AHOG has a Debt to Equity ratio of 1.18. This is in the lower half of the industry: AHOG underperforms 70.83% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.18 | ||
| Debt/FCF | 5.18 | ||
| Altman-Z | 2.58 |
ROIC/WACC1.17
WACC5.15%
2.3 Liquidity
AHOG has a Current Ratio of 0.84. This is a bad value and indicates that AHOG is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of AHOG (0.84) is worse than 66.67% of its industry peers.
A Quick Ratio of 0.56 indicates that AHOG may have some problems paying its short term obligations.
With a Quick ratio value of 0.56, AHOG perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.84 | ||
| Quick Ratio | 0.56 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 0.39% over the past year.
AHOG shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 8.32% yearly.
AHOG shows a small growth in Revenue. In the last year, the Revenue has grown by 0.80%.
AHOG shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.16% yearly.
EPS 1Y (TTM)0.39%
EPS 3Y5.2%
EPS 5Y8.32%
EPS Q2Q%-5.48%
Revenue 1Y (TTM)0.8%
Revenue growth 3Y5.73%
Revenue growth 5Y6.16%
Sales Q2Q%1.1%
3.2 Future
The Earnings Per Share is expected to grow by 4.75% on average over the next years.
Based on estimates for the next years, AHOG will show a small growth in Revenue. The Revenue will grow by 1.58% on average per year.
EPS Next Y9.73%
EPS Next 2Y9.14%
EPS Next 3Y8.88%
EPS Next 5Y4.75%
Revenue Next Year5.75%
Revenue Next 2Y4.33%
Revenue Next 3Y3.02%
Revenue Next 5Y1.58%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
AHOG is valuated correctly with a Price/Earnings ratio of 14.14.
Compared to the rest of the industry, the Price/Earnings ratio of AHOG is on the same level as its industry peers.
AHOG is valuated rather cheaply when we compare the Price/Earnings ratio to 28.22, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 12.88, AHOG is valued correctly.
The rest of the industry has a similar Price/Forward Earnings ratio as AHOG.
AHOG's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 20.86.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.14 | ||
| Fwd PE | 12.88 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AHOG is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, AHOG is valued a bit cheaper than 79.17% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.39 | ||
| EV/EBITDA | 6.88 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.45
PEG (5Y)1.7
EPS Next 2Y9.14%
EPS Next 3Y8.88%
5. Dividend
5.1 Amount
AHOG has a Yearly Dividend Yield of 3.26%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 4.09, AHOG has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.44, AHOG pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.26% |
5.2 History
The dividend of AHOG 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
58.75% of the earnings are spent on dividend by AHOG. This is a bit on the high side, but may be sustainable.
AHOG's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP58.75%
EPS Next 2Y9.14%
EPS Next 3Y8.88%
FRA:AHOG (5/2/2025, 7:00:00 PM)
36.05
-0.5 (-1.37%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)
Earnings (Next)
Inst Owners54.89%
Inst Owner ChangeN/A
Ins Owners0.07%
Ins Owner ChangeN/A
Market Cap32.91B
Analysts75.56
Price Target36.67 (1.72%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.26% |
Yearly Dividend1.12
Dividend Growth(5Y)21.56%
DP58.75%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.24%
Min EPS beat(2)-2.49%
Max EPS beat(2)2%
EPS beat(4)2
Avg EPS beat(4)0.52%
Min EPS beat(4)-2.49%
Max EPS beat(4)2.98%
EPS beat(8)5
Avg EPS beat(8)1.28%
EPS beat(12)9
Avg EPS beat(12)4.21%
EPS beat(16)12
Avg EPS beat(16)4.9%
Revenue beat(2)1
Avg Revenue beat(2)-0.14%
Min Revenue beat(2)-2.66%
Max Revenue beat(2)2.39%
Revenue beat(4)2
Avg Revenue beat(4)-0.09%
Min Revenue beat(4)-2.66%
Max Revenue beat(4)2.39%
Revenue beat(8)2
Avg Revenue beat(8)-1.45%
Revenue beat(12)2
Avg Revenue beat(12)-1.38%
Revenue beat(16)5
Avg Revenue beat(16)-0.86%
PT rev (1m)-1.13%
PT rev (3m)8.69%
EPS NQ rev (1m)-3.12%
EPS NQ rev (3m)0%
EPS NY rev (1m)-1.79%
EPS NY rev (3m)0.06%
Revenue NQ rev (1m)-0.37%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.17%
Revenue NY rev (3m)0.9%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.14 | ||
| Fwd PE | 12.88 | ||
| P/S | 0.37 | ||
| P/FCF | 8.39 | ||
| P/OCF | 5.29 | ||
| P/B | 2.13 | ||
| P/tB | 16.18 | ||
| EV/EBITDA | 6.88 |
EPS(TTM)2.55
EY7.07%
EPS(NY)2.8
Fwd EY7.76%
FCF(TTM)4.3
FCFY11.93%
OCF(TTM)6.82
OCFY18.91%
SpS97.88
BVpS16.93
TBVpS2.23
PEG (NY)1.45
PEG (5Y)1.7
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.4% | ||
| ROE | 11.42% | ||
| ROCE | 8.08% | ||
| ROIC | 6.01% | ||
| ROICexc | 7.3% | ||
| ROICexgc | 13.13% | ||
| OM | 3.12% | ||
| PM (TTM) | 1.98% | ||
| GM | 26.64% | ||
| FCFM | 4.39% |
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 Turnover1.72
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.18 | ||
| Debt/FCF | 5.18 | ||
| Debt/EBITDA | 2.81 | ||
| Cap/Depr | 62.03% | ||
| Cap/Sales | 2.57% | ||
| Interest Coverage | 12.1 | ||
| Cash Conversion | 95.9% | ||
| Profit Quality | 222.38% | ||
| Current Ratio | 0.84 | ||
| Quick Ratio | 0.56 | ||
| Altman-Z | 2.58 |
F-Score5
WACC5.15%
ROIC/WACC1.17
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)0.39%
EPS 3Y5.2%
EPS 5Y8.32%
EPS Q2Q%-5.48%
EPS Next Y9.73%
EPS Next 2Y9.14%
EPS Next 3Y8.88%
EPS Next 5Y4.75%
Revenue 1Y (TTM)0.8%
Revenue growth 3Y5.73%
Revenue growth 5Y6.16%
Sales Q2Q%1.1%
Revenue Next Year5.75%
Revenue Next 2Y4.33%
Revenue Next 3Y3.02%
Revenue Next 5Y1.58%
EBIT growth 1Y-2.18%
EBIT growth 3Y-5.7%
EBIT growth 5Y0.9%
EBIT Next Year108.67%
EBIT Next 3Y29.79%
EBIT Next 5Y16.35%
FCF growth 1Y-2.65%
FCF growth 3Y8.22%
FCF growth 5Y3.97%
OCF growth 1Y-3.74%
OCF growth 3Y4.41%
OCF growth 5Y2.7%