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DHL GROUP (DPW.DE) Stock Fundamental Analysis

Europe - Frankfurt Stock Exchange - FRA:DPW - DE0005552004 - Common Stock

45.01 EUR
+0.28 (+0.63%)
Last: 7/3/2023, 5:29:55 PM
Fundamental Rating

5

Taking everything into account, DPW scores 5 out of 10 in our fundamental rating. DPW was compared to 16 industry peers in the Air Freight & Logistics industry. DPW has only an average score on both its financial health and profitability. DPW is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • DPW had positive earnings in the past year.
  • In the past year DPW had a positive cash flow from operations.
DPW.DE Yearly Net Income VS EBIT VS OCF VS FCFDPW.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2B 4B 6B 8B 10B

1.2 Ratios

  • DPW has a better Return On Assets (7.30%) than 84.62% of its industry peers.
  • DPW's Return On Equity of 20.74% is fine compared to the rest of the industry. DPW outperforms 76.92% of its industry peers.
  • With an excellent Return On Invested Capital value of 12.57%, DPW belongs to the best of the industry, outperforming 84.62% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for DPW is above the industry average of 9.76%.
  • The last Return On Invested Capital (12.57%) for DPW is above the 3 year average (12.21%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 7.3%
ROE 20.74%
ROIC 12.57%
ROA(3y)7.06%
ROA(5y)6.06%
ROE(3y)23.74%
ROE(5y)21.02%
ROIC(3y)12.21%
ROIC(5y)10.19%
DPW.DE Yearly ROA, ROE, ROICDPW.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 5 10 15 20 25

1.3 Margins

  • With a decent Profit Margin value of 5.30%, DPW is doing good in the industry, outperforming 76.92% of the companies in the same industry.
  • DPW's Profit Margin has improved in the last couple of years.
  • Looking at the Operating Margin, with a value of 8.57%, DPW is in the better half of the industry, outperforming 69.23% of the companies in the same industry.
  • DPW's Operating Margin has improved in the last couple of years.
  • DPW has a Gross Margin of 44.71%. This is in the lower half of the industry: DPW underperforms 61.54% of its industry peers.
  • DPW's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 8.57%
PM (TTM) 5.3%
GM 44.71%
OM growth 3Y15.09%
OM growth 5Y8.22%
PM growth 3Y11.07%
PM growth 5Y4.8%
GM growth 3Y-4.07%
GM growth 5Y-0.56%
DPW.DE Yearly Profit, Operating, Gross MarginsDPW.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 10 20 30 40 50

5

2. Health

2.1 Basic Checks

  • DPW has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
  • DPW has less shares outstanding than it did 1 year ago.
  • DPW has a worse debt/assets ratio than last year.
DPW.DE Yearly Shares OutstandingDPW.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 200M 400M 600M 800M 1B
DPW.DE Yearly Total Debt VS Total AssetsDPW.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 20B 40B 60B

2.2 Solvency

  • An Altman-Z score of 2.99 indicates that DPW is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • DPW's Altman-Z score of 2.99 is fine compared to the rest of the industry. DPW outperforms 76.92% of its industry peers.
  • The Debt to FCF ratio of DPW is 3.06, which is a good value as it means it would take DPW, 3.06 years of fcf income to pay off all of its debts.
  • With a decent Debt to FCF ratio value of 3.06, DPW is doing good in the industry, outperforming 76.92% of the companies in the same industry.
  • DPW has a Debt/Equity ratio of 0.73. This is a neutral value indicating DPW is somewhat dependend on debt financing.
  • DPW's Debt to Equity ratio of 0.73 is fine compared to the rest of the industry. DPW outperforms 61.54% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.73
Debt/FCF 3.06
Altman-Z 2.99
ROIC/WACC2.22
WACC5.66%
DPW.DE Yearly LT Debt VS Equity VS FCFDPW.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 5B 10B 15B 20B

2.3 Liquidity

  • A Current Ratio of 1.03 indicates that DPW should not have too much problems paying its short term obligations.
  • DPW has a Current ratio (1.03) which is in line with its industry peers.
  • A Quick Ratio of 0.98 indicates that DPW may have some problems paying its short term obligations.
  • DPW's Quick ratio of 0.98 is on the low side compared to the rest of the industry. DPW is outperformed by 61.54% of its industry peers.
Industry RankSector Rank
Current Ratio 1.03
Quick Ratio 0.98
DPW.DE Yearly Current Assets VS Current LiabilitesDPW.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 5B 10B 15B 20B

4

3. Growth

3.1 Past

  • The earnings per share for DPW have decreased by -4.28% in the last year.
  • Measured over the past years, DPW shows a quite strong growth in Earnings Per Share. The EPS has been growing by 14.71% on average per year.
  • The Revenue has grown by 8.52% in the past year. This is quite good.
  • DPW shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.33% yearly.
EPS 1Y (TTM)-4.28%
EPS 3Y27.87%
EPS 5Y14.71%
EPS Q2Q%-30.91%
Revenue 1Y (TTM)8.52%
Revenue growth 3Y14.24%
Revenue growth 5Y9.33%
Sales Q2Q%-7.41%

3.2 Future

  • The Earnings Per Share is expected to grow by 0.18% on average over the next years.
  • The Revenue is expected to grow by 0.75% on average over the next years.
EPS Next Y-22.12%
EPS Next 2Y-7.1%
EPS Next 3Y-0.91%
EPS Next 5Y0.18%
Revenue Next Year-8.79%
Revenue Next 2Y-3.26%
Revenue Next 3Y-1.16%
Revenue Next 5Y0.75%

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
  • 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.
DPW.DE Yearly Revenue VS EstimatesDPW.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 20B 40B 60B 80B 100B
DPW.DE Yearly EPS VS EstimatesDPW.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1 2 3 4

5

4. Valuation

4.1 Price/Earnings Ratio

  • DPW is valuated reasonably with a Price/Earnings ratio of 11.17.
  • Compared to the rest of the industry, the Price/Earnings ratio of DPW indicates a somewhat cheap valuation: DPW is cheaper than 69.23% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 28.82, DPW is valued rather cheaply.
  • DPW is valuated reasonably with a Price/Forward Earnings ratio of 11.94.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of DPW indicates a somewhat cheap valuation: DPW is cheaper than 69.23% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 25.95, DPW is valued rather cheaply.
Industry RankSector Rank
PE 11.17
Fwd PE 11.94
DPW.DE Price Earnings VS Forward Price EarningsDPW.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • DPW's Enterprise Value to EBITDA is on the same level as the industry average.
  • The rest of the industry has a similar Price/Free Cash Flow ratio as DPW.
Industry RankSector Rank
P/FCF 7.77
EV/EBITDA 5.67
DPW.DE Per share dataDPW.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60

4.3 Compensation for Growth

  • DPW has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.76
EPS Next 2Y-7.1%
EPS Next 3Y-0.91%

6

5. Dividend

5.1 Amount

  • DPW has a Yearly Dividend Yield of 4.21%, which is a nice return.
  • DPW's Dividend Yield is a higher than the industry average which is at 2.93.
  • Compared to an average S&P500 Dividend Yield of 1.82, DPW pays a better dividend.
Industry RankSector Rank
Dividend Yield 4.21%

5.2 History

  • The dividend of DPW is nicely growing with an annual growth rate of 13.96%!
Dividend Growth(5Y)13.96%
Div Incr Years1
Div Non Decr Years1
DPW.DE Yearly Dividends per shareDPW.DE Yearly Dividends per shareYearly Dividends per share 2019 2020 2021 2022 2023 0.5 1 1.5 2

5.3 Sustainability

  • DPW's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DPN/A
EPS Next 2Y-7.1%
EPS Next 3Y-0.91%
DPW.DE Yearly Income VS Free CF VS DividendDPW.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2B 4B 6B

DHL GROUP / DPW.DE FAQ

What is the fundamental rating for DPW stock?

ChartMill assigns a fundamental rating of 5 / 10 to DPW.DE.


What is the valuation status for DPW stock?

ChartMill assigns a valuation rating of 5 / 10 to DHL GROUP (DPW.DE). This can be considered as Fairly Valued.


How profitable is DHL GROUP (DPW.DE) stock?

DHL GROUP (DPW.DE) has a profitability rating of 8 / 10.


Can you provide the PE and PB ratios for DPW stock?

The Price/Earnings (PE) ratio for DHL GROUP (DPW.DE) is 11.17 and the Price/Book (PB) ratio is 2.27.