DHL GROUP (DHL.DE) Stock Fundamental Analysis
Europe - FRA:DHL - DE0005552004 - Common Stock
38.47 EUR
-0.29 (-0.75%)
DHL gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 15 industry peers in the Air Freight & Logistics industry. DHL has an average financial health and profitability rating. DHL has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year DHL was profitable.
In the past year DHL had a positive cash flow from operations.
DHL had positive earnings in each of the past 5 years.
In the past 5 years DHL always reported a positive cash flow from operatings.
1.2 Ratios
With a decent Return On Assets value of 5.12%, DHL is doing good in the industry, outperforming 66.67% of the companies in the same industry.
The Return On Equity of DHL (16.71%) is comparable to the rest of the industry.
Looking at the Return On Invested Capital, with a value of 9.00%, DHL is in the better half of the industry, outperforming 73.33% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for DHL is in line with the industry average of 9.14%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.12% | ||
| ROE | 16.71% | ||
| ROIC | 9% |
ROA(3y)6.03%
ROA(5y)6.29%
ROE(3y)17.81%
ROE(5y)20.32%
ROIC(3y)10.22%
ROIC(5y)10.65%
1.3 Margins
DHL's Profit Margin of 4.11% is in line compared to the rest of the industry. DHL outperforms 53.33% of its industry peers.
DHL's Profit Margin has been stable in the last couple of years.
DHL has a better Operating Margin (7.05%) than 73.33% of its industry peers.
DHL's Operating Margin has improved in the last couple of years.
DHL has a Gross Margin of 49.93%. This is comparable to the rest of the industry: DHL outperforms 60.00% of its industry peers.
DHL's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.05% | ||
| PM (TTM) | 4.11% | ||
| GM | 49.93% |
OM growth 3Y-10.95%
OM growth 5Y3.29%
PM growth 3Y-13.81%
PM growth 5Y-0.9%
GM growth 3Y2.61%
GM growth 5Y0.23%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), DHL is creating some value.
Compared to 1 year ago, DHL has less shares outstanding
DHL has less shares outstanding than it did 5 years ago.
DHL has a worse debt/assets ratio than last year.
2.2 Solvency
DHL has an Altman-Z score of 2.52. This is not the best score and indicates that DHL is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.52, DHL is in the better half of the industry, outperforming 73.33% of the companies in the same industry.
DHL has a debt to FCF ratio of 4.22. This is a neutral value as DHL would need 4.22 years to pay back of all of its debts.
DHL has a Debt to FCF ratio of 4.22. This is in the better half of the industry: DHL outperforms 73.33% of its industry peers.
A Debt/Equity ratio of 0.97 indicates that DHL is somewhat dependend on debt financing.
The Debt to Equity ratio of DHL (0.97) is better than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.97 | ||
| Debt/FCF | 4.22 | ||
| Altman-Z | 2.52 |
ROIC/WACC1.56
WACC5.76%
2.3 Liquidity
DHL has a Current Ratio of 0.95. This is a bad value and indicates that DHL is not financially healthy enough and could expect problems in meeting its short term obligations.
DHL has a Current ratio of 0.95. This is in the lower half of the industry: DHL underperforms 60.00% of its industry peers.
DHL has a Quick Ratio of 0.95. This is a bad value and indicates that DHL is not financially healthy enough and could expect problems in meeting its short term obligations.
DHL has a Quick ratio of 0.90. This is comparable to the rest of the industry: DHL outperforms 46.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.95 | ||
| Quick Ratio | 0.9 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 9.23% over the past year.
The Earnings Per Share has been growing slightly by 6.10% on average over the past years.
DHL shows a small growth in Revenue. In the last year, the Revenue has grown by 2.81%.
Measured over the past years, DHL shows a small growth in Revenue. The Revenue has been growing by 5.85% on average per year.
EPS 1Y (TTM)9.23%
EPS 3Y-11.47%
EPS 5Y6.1%
EPS Q2Q%15.87%
Revenue 1Y (TTM)2.81%
Revenue growth 3Y0.98%
Revenue growth 5Y5.85%
Sales Q2Q%-3.94%
3.2 Future
The Earnings Per Share is expected to grow by 8.69% on average over the next years. This is quite good.
The Revenue is expected to grow by 2.86% on average over the next years.
EPS Next Y8.24%
EPS Next 2Y9.2%
EPS Next 3Y9.5%
EPS Next 5Y8.69%
Revenue Next Year-0.54%
Revenue Next 2Y0.87%
Revenue Next 3Y1.82%
Revenue Next 5Y2.86%
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 accelerating.
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
A Price/Earnings ratio of 13.00 indicates a correct valuation of DHL.
The rest of the industry has a similar Price/Earnings ratio as DHL.
Compared to an average S&P500 Price/Earnings ratio of 27.50, DHL is valued rather cheaply.
A Price/Forward Earnings ratio of 11.48 indicates a reasonable valuation of DHL.
DHL's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. DHL is cheaper than 73.33% of the companies in the same industry.
DHL is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.99, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13 | ||
| Fwd PE | 11.48 |
4.2 Price Multiples
DHL's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. DHL is cheaper than 66.67% of the companies in the same industry.
66.67% of the companies in the same industry are more expensive than DHL, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.52 | ||
| EV/EBITDA | 6.3 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
DHL has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.58
PEG (5Y)2.13
EPS Next 2Y9.2%
EPS Next 3Y9.5%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.76%, DHL is a good candidate for dividend investing.
DHL's Dividend Yield is a higher than the industry average which is at 3.83.
DHL's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.76% |
5.2 History
On average, the dividend of DHL grows each year by 10.08%, which is quite nice.
Dividend Growth(5Y)10.08%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
61.55% of the earnings are spent on dividend by DHL. This is not a sustainable payout ratio.
The dividend of DHL is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP61.55%
EPS Next 2Y9.2%
EPS Next 3Y9.5%
FRA:DHL (10/14/2025, 7:00:00 PM)
38.47
-0.29 (-0.75%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryAir Freight & Logistics
Earnings (Last)
Earnings (Next)
Inst Owners37.82%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap46.16B
Analysts72.31
Price Target43.94 (14.22%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.76% |
Yearly Dividend1.86
Dividend Growth(5Y)10.08%
DP61.55%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)10.2%
Min EPS beat(2)4.06%
Max EPS beat(2)16.35%
EPS beat(4)3
Avg EPS beat(4)4.27%
Min EPS beat(4)-5.63%
Max EPS beat(4)16.35%
EPS beat(8)4
Avg EPS beat(8)-0.45%
EPS beat(12)6
Avg EPS beat(12)0.13%
EPS beat(16)9
Avg EPS beat(16)2.6%
Revenue beat(2)0
Avg Revenue beat(2)-4.26%
Min Revenue beat(2)-6.9%
Max Revenue beat(2)-1.62%
Revenue beat(4)2
Avg Revenue beat(4)-1.6%
Min Revenue beat(4)-6.9%
Max Revenue beat(4)1.16%
Revenue beat(8)3
Avg Revenue beat(8)-2.52%
Revenue beat(12)5
Avg Revenue beat(12)-1.85%
Revenue beat(16)9
Avg Revenue beat(16)0.43%
PT rev (1m)-1.8%
PT rev (3m)-3.57%
EPS NQ rev (1m)-2.31%
EPS NQ rev (3m)3.21%
EPS NY rev (1m)-0.76%
EPS NY rev (3m)-2.56%
Revenue NQ rev (1m)-0.65%
Revenue NQ rev (3m)-3.36%
Revenue NY rev (1m)-0.37%
Revenue NY rev (3m)-3.36%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13 | ||
| Fwd PE | 11.48 | ||
| P/S | 0.55 | ||
| P/FCF | 7.52 | ||
| P/OCF | 5.13 | ||
| P/B | 2.24 | ||
| P/tB | 7.59 | ||
| EV/EBITDA | 6.3 |
EPS(TTM)2.96
EY7.69%
EPS(NY)3.35
Fwd EY8.71%
FCF(TTM)5.11
FCFY13.29%
OCF(TTM)7.5
OCFY19.49%
SpS69.94
BVpS17.2
TBVpS5.07
PEG (NY)1.58
PEG (5Y)2.13
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.12% | ||
| ROE | 16.71% | ||
| ROCE | 12.69% | ||
| ROIC | 9% | ||
| ROICexc | 9.85% | ||
| ROICexgc | 14.96% | ||
| OM | 7.05% | ||
| PM (TTM) | 4.11% | ||
| GM | 49.93% | ||
| FCFM | 7.31% |
ROA(3y)6.03%
ROA(5y)6.29%
ROE(3y)17.81%
ROE(5y)20.32%
ROIC(3y)10.22%
ROIC(5y)10.65%
ROICexc(3y)11.44%
ROICexc(5y)12.2%
ROICexgc(3y)17.45%
ROICexgc(5y)18.64%
ROCE(3y)14.41%
ROCE(5y)15.01%
ROICexcg growth 3Y-15.78%
ROICexcg growth 5Y1.42%
ROICexc growth 3Y-15.89%
ROICexc growth 5Y2.58%
OM growth 3Y-10.95%
OM growth 5Y3.29%
PM growth 3Y-13.81%
PM growth 5Y-0.9%
GM growth 3Y2.61%
GM growth 5Y0.23%
F-Score8
Asset Turnover1.25
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.97 | ||
| Debt/FCF | 4.22 | ||
| Debt/EBITDA | 1.88 | ||
| Cap/Depr | 59.5% | ||
| Cap/Sales | 3.41% | ||
| Interest Coverage | 6.37 | ||
| Cash Conversion | 83.91% | ||
| Profit Quality | 177.91% | ||
| Current Ratio | 0.95 | ||
| Quick Ratio | 0.9 | ||
| Altman-Z | 2.52 |
F-Score8
WACC5.76%
ROIC/WACC1.56
Cap/Depr(3y)77.13%
Cap/Depr(5y)81.36%
Cap/Sales(3y)3.92%
Cap/Sales(5y)4.14%
Profit Quality(3y)154.97%
Profit Quality(5y)149.84%
High Growth Momentum
Growth
EPS 1Y (TTM)9.23%
EPS 3Y-11.47%
EPS 5Y6.1%
EPS Q2Q%15.87%
EPS Next Y8.24%
EPS Next 2Y9.2%
EPS Next 3Y9.5%
EPS Next 5Y8.69%
Revenue 1Y (TTM)2.81%
Revenue growth 3Y0.98%
Revenue growth 5Y5.85%
Sales Q2Q%-3.94%
Revenue Next Year-0.54%
Revenue Next 2Y0.87%
Revenue Next 3Y1.82%
Revenue Next 5Y2.86%
EBIT growth 1Y6.71%
EBIT growth 3Y-10.08%
EBIT growth 5Y9.34%
EBIT Next Year85.46%
EBIT Next 3Y27.11%
EBIT Next 5Y17.69%
FCF growth 1Y-9.92%
FCF growth 3Y-2.57%
FCF growth 5Y18.56%
OCF growth 1Y-16.98%
OCF growth 3Y-4.43%
OCF growth 5Y7.48%