DHL GROUP (DHL.DE) Fundamental Analysis & Valuation
FRA:DHL • DE0005552004
Current stock price
45.05 EUR
-0.89 (-1.94%)
Last:
This DHL.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. DHL.DE Profitability Analysis
1.1 Basic Checks
- In the past year DHL was profitable.
- In the past year DHL had a positive cash flow from operations.
- Each year in the past 5 years DHL has been profitable.
- DHL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 5.15%, DHL is in the better half of the industry, outperforming 73.68% of the companies in the same industry.
- DHL's Return On Equity of 16.43% is in line compared to the rest of the industry. DHL outperforms 57.89% of its industry peers.
- DHL's Return On Invested Capital of 9.06% is fine compared to the rest of the industry. DHL outperforms 68.42% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for DHL is in line with the industry average of 10.46%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.15% | ||
| ROE | 16.43% | ||
| ROIC | 9.06% |
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
- Looking at the Profit Margin, with a value of 4.24%, DHL is in the better half of the industry, outperforming 68.42% of the companies in the same industry.
- DHL's Profit Margin has been stable in the last couple of years.
- DHL has a Operating Margin of 7.27%. This is in the better half of the industry: DHL outperforms 73.68% of its industry peers.
- DHL's Operating Margin has improved in the last couple of years.
- DHL has a Gross Margin of 50.49%. This is in the better half of the industry: DHL outperforms 63.16% of its industry peers.
- DHL's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.27% | ||
| PM (TTM) | 4.24% | ||
| GM | 50.49% |
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. DHL.DE Health Analysis
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.
- Compared to 1 year ago, DHL has a worse debt to assets ratio.
2.2 Solvency
- DHL has an Altman-Z score of 2.49. 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.
- DHL has a Altman-Z score (2.49) which is comparable to the rest of the industry.
- DHL has a debt to FCF ratio of 3.91. This is a good value and a sign of high solvency as DHL would need 3.91 years to pay back of all of its debts.
- DHL has a better Debt to FCF ratio (3.91) than 68.42% of its industry peers.
- DHL has a Debt/Equity ratio of 0.94. This is a neutral value indicating DHL is somewhat dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.94, DHL is in line with its industry, outperforming 57.89% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.94 | ||
| Debt/FCF | 3.91 | ||
| Altman-Z | 2.49 |
ROIC/WACC1.49
WACC6.07%
2.3 Liquidity
- DHL has a Current Ratio of 0.92. 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 (0.92) which is comparable to the rest of the industry.
- DHL has a Quick Ratio of 0.92. This is a bad value and indicates that DHL is not financially healthy enough and could expect problems in meeting its short term obligations.
- Looking at the Quick ratio, with a value of 0.87, DHL is in line with its industry, outperforming 42.11% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.92 | ||
| Quick Ratio | 0.87 |
3. DHL.DE Growth Analysis
3.1 Past
- The Earnings Per Share has grown by an nice 8.69% over the past year.
- DHL shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.12% yearly.
EPS 1Y (TTM)8.69%
EPS 3Y-11.26%
EPS 5Y5.12%
EPS Q2Q%-2.77%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-2.45%
3.2 Future
- The Earnings Per Share is expected to grow by 8.65% on average over the next years. This is quite good.
- DHL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.19% yearly.
EPS Next Y10.41%
EPS Next 2Y10.31%
EPS Next 3Y11.38%
EPS Next 5Y8.65%
Revenue Next Year2.24%
Revenue Next 2Y3.1%
Revenue Next 3Y3.74%
Revenue Next 5Y6.19%
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.
4. DHL.DE Valuation Analysis
4.1 Price/Earnings Ratio
- DHL is valuated correctly with a Price/Earnings ratio of 14.77.
- Based on the Price/Earnings ratio, DHL is valued a bit cheaper than 73.68% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 25.70. DHL is valued slightly cheaper when compared to this.
- The Price/Forward Earnings ratio is 13.36, which indicates a correct valuation of DHL.
- 73.68% of the companies in the same industry are more expensive than DHL, based on the Price/Forward Earnings ratio.
- DHL's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.84.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.77 | ||
| Fwd PE | 13.36 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, DHL is valued a bit cheaper than 63.16% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of DHL indicates a somewhat cheap valuation: DHL is cheaper than 78.95% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.71 | ||
| EV/EBITDA | 6.75 |
4.3 Compensation for Growth
- The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- The decent profitability rating of DHL may justify a higher PE ratio.
PEG (NY)1.42
PEG (5Y)2.89
EPS Next 2Y10.31%
EPS Next 3Y11.38%
5. DHL.DE Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 4.14%, DHL is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 3.14, DHL pays a bit more dividend than its industry peers.
- DHL's Dividend Yield is rather good when compared to the S&P500 average which is at 1.89.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.14% |
5.2 History
- On average, the dividend of DHL grows each year by 10.21%, which is quite nice.
Dividend Growth(5Y)10.21%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
- DHL pays out 60.01% of its income as dividend. This is not a sustainable payout ratio.
- DHL's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP60.01%
EPS Next 2Y10.31%
EPS Next 3Y11.38%
DHL.DE Fundamentals: All Metrics, Ratios and Statistics
FRA:DHL (3/13/2026, 7:00:00 PM)
45.05
-0.89 (-1.94%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryAir Freight & Logistics
Earnings (Last)03-05 2026-03-05/dmh
Earnings (Next)04-30 2026-04-30
Inst Owners38.42%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap51.81B
Revenue(TTM)N/A
Net Income(TTM)3.54B
Analysts68.89
Price Target46.8 (3.88%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.14% |
Yearly Dividend1.87
Dividend Growth(5Y)10.21%
DP60.01%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)19.01%
Min EPS beat(2)16.35%
Max EPS beat(2)21.67%
EPS beat(4)4
Avg EPS beat(4)11.1%
Min EPS beat(4)2.31%
Max EPS beat(4)21.67%
EPS beat(8)4
Avg EPS beat(8)2.08%
EPS beat(12)7
Avg EPS beat(12)2.31%
EPS beat(16)9
Avg EPS beat(16)3.85%
Revenue beat(2)0
Avg Revenue beat(2)-3.68%
Min Revenue beat(2)-6.9%
Max Revenue beat(2)-0.46%
Revenue beat(4)1
Avg Revenue beat(4)-2%
Min Revenue beat(4)-6.9%
Max Revenue beat(4)0.97%
Revenue beat(8)3
Avg Revenue beat(8)-1.73%
Revenue beat(12)4
Avg Revenue beat(12)-2.41%
Revenue beat(16)8
Avg Revenue beat(16)0.06%
PT rev (1m)1.16%
PT rev (3m)2.77%
EPS NQ rev (1m)-1%
EPS NQ rev (3m)-0.63%
EPS NY rev (1m)0.36%
EPS NY rev (3m)0.93%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.65%
Revenue NY rev (1m)0.22%
Revenue NY rev (3m)0.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.77 | ||
| Fwd PE | 13.36 | ||
| P/S | 0.62 | ||
| P/FCF | 7.71 | ||
| P/OCF | 5.42 | ||
| P/B | 2.41 | ||
| P/tB | 7.36 | ||
| EV/EBITDA | 6.75 |
EPS(TTM)3.05
EY6.77%
EPS(NY)3.37
Fwd EY7.49%
FCF(TTM)5.84
FCFY12.97%
OCF(TTM)8.32
OCFY18.47%
SpS72.58
BVpS18.73
TBVpS6.12
PEG (NY)1.42
PEG (5Y)2.89
Graham Number35.85
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.15% | ||
| ROE | 16.43% | ||
| ROCE | 12.77% | ||
| ROIC | 9.06% | ||
| ROICexc | 9.99% | ||
| ROICexgc | 15.05% | ||
| OM | 7.27% | ||
| PM (TTM) | 4.24% | ||
| GM | 50.49% | ||
| FCFM | 8.05% |
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%
ROICexgc growth 3Y-15.78%
ROICexgc 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-Score7
Asset Turnover1.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.94 | ||
| Debt/FCF | 3.91 | ||
| Debt/EBITDA | 1.86 | ||
| Cap/Depr | 58.57% | ||
| Cap/Sales | 3.41% | ||
| Interest Coverage | 6.48 | ||
| Cash Conversion | 87.55% | ||
| Profit Quality | 189.97% | ||
| Current Ratio | 0.92 | ||
| Quick Ratio | 0.87 | ||
| Altman-Z | 2.49 |
F-Score7
WACC6.07%
ROIC/WACC1.49
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)8.69%
EPS 3Y-11.26%
EPS 5Y5.12%
EPS Q2Q%-2.77%
EPS Next Y10.41%
EPS Next 2Y10.31%
EPS Next 3Y11.38%
EPS Next 5Y8.65%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-2.45%
Revenue Next Year2.24%
Revenue Next 2Y3.1%
Revenue Next 3Y3.74%
Revenue Next 5Y6.19%
EBIT growth 1Y10.55%
EBIT growth 3Y-10.08%
EBIT growth 5Y9.34%
EBIT Next Year87.03%
EBIT Next 3Y27.07%
EBIT Next 5Y17.32%
FCF growth 1Y13.43%
FCF growth 3Y-2.57%
FCF growth 5Y18.56%
OCF growth 1Y-3.17%
OCF growth 3Y-4.43%
OCF growth 5Y7.48%
DHL GROUP / DHL.DE Fundamental Analysis FAQ
Can you provide the ChartMill fundamental rating for DHL GROUP?
ChartMill assigns a fundamental rating of 5 / 10 to DHL.DE.
What is the valuation status for DHL stock?
ChartMill assigns a valuation rating of 5 / 10 to DHL GROUP (DHL.DE). This can be considered as Fairly Valued.
Can you provide the profitability details for DHL GROUP?
DHL GROUP (DHL.DE) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for DHL stock?
The Price/Earnings (PE) ratio for DHL GROUP (DHL.DE) is 14.77 and the Price/Book (PB) ratio is 2.41.
How financially healthy is DHL GROUP?
The financial health rating of DHL GROUP (DHL.DE) is 4 / 10.