DHL GROUP (DPW.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:DPW - DE0005552004 - Common Stock
45.01 EUR
+0.28 (+0.63%)
Overall DPW gets a fundamental rating of 6 out of 10. We evaluated DPW against 17 industry peers in the Air Freight & Logistics industry. DPW scores excellent on profitability, but there are some minor concerns on its financial health. DPW has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
DPW had positive earnings in the past year.
DPW had a positive operating cash flow in the past year.
DPW had positive earnings in each of the past 5 years.
Each year in the past 5 years DPW had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 7.30%, DPW belongs to the best of the industry, outperforming 84.62% of the companies in the same industry.
The Return On Equity of DPW (20.74%) is better than 76.92% of its industry peers.
Looking at the Return On Invested Capital, with a value of 12.57%, DPW belongs to the top of the industry, outperforming 84.62% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for DPW is above the industry average of 9.74%.
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 Rank | Sector 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%
1.3 Margins
DPW's Profit Margin of 5.30% is fine compared to the rest of the industry. DPW outperforms 76.92% of its industry peers.
DPW's Profit Margin has improved in the last couple of years.
DPW has a Operating Margin of 8.57%. This is in the better half of the industry: DPW outperforms 69.23% of its industry peers.
In the last couple of years the Operating Margin of DPW has grown nicely.
With a Gross Margin value of 44.71%, DPW is not doing good in the industry: 61.54% of the companies in the same industry are doing better.
DPW's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector 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%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so DPW is creating value.
The number of shares outstanding for DPW has been reduced compared to 1 year ago.
Compared to 1 year ago, DPW has a worse debt to assets ratio.
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.
With a decent Altman-Z score value of 2.99, DPW is doing good in the industry, outperforming 76.92% of the companies in the same industry.
DPW has a debt to FCF ratio of 3.06. This is a good value and a sign of high solvency as DPW would need 3.06 years to pay back of all of its debts.
DPW has a Debt to FCF ratio of 3.06. This is in the better half of the industry: DPW outperforms 76.92% of its industry peers.
A Debt/Equity ratio of 0.73 indicates that DPW is somewhat dependend on debt financing.
DPW has a better Debt to Equity ratio (0.73) than 61.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.73 | ||
| Debt/FCF | 3.06 | ||
| Altman-Z | 2.99 |
ROIC/WACC2.22
WACC5.66%
2.3 Liquidity
A Current Ratio of 1.03 indicates that DPW should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.03, DPW is in line with its industry, outperforming 53.85% of the companies in the same industry.
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 Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.03 | ||
| Quick Ratio | 0.98 |
3. Growth
3.1 Past
DPW shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -4.28%.
DPW shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 14.71% yearly.
The Revenue has grown by 8.52% in the past year. This is quite good.
Measured over the past years, DPW shows a quite strong growth in Revenue. The Revenue has been growing by 9.33% on average per year.
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
DPW is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 0.18% yearly.
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
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
A Price/Earnings ratio of 11.17 indicates a reasonable valuation of DPW.
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.
DPW is valuated cheaply when we compare the Price/Earnings ratio to 26.38, which is the current average of the S&P500 Index.
DPW is valuated reasonably with a Price/Forward Earnings ratio of 11.94.
69.23% of the companies in the same industry are more expensive than DPW, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of DPW to the average of the S&P500 Index (23.83), we can say DPW is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.17 | ||
| Fwd PE | 11.94 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as DPW.
The rest of the industry has a similar Price/Free Cash Flow ratio as DPW.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.77 | ||
| EV/EBITDA | 5.67 |
4.3 Compensation for Growth
The excellent profitability rating of DPW may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.76
EPS Next 2Y-7.1%
EPS Next 3Y-0.91%
5. Dividend
5.1 Amount
DPW has a Yearly Dividend Yield of 4.21%, which is a nice return.
Compared to an average industry Dividend Yield of 3.00, DPW pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 1.87, DPW pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.21% |
5.2 History
On average, the dividend of DPW grows each year by 13.96%, which is quite nice.
Dividend Growth(5Y)13.96%
Div Incr Years1
Div Non Decr Years1
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%
FRA:DPW (7/3/2023, 5:29:55 PM)
45.01
+0.28 (+0.63%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryAir Freight & Logistics
Earnings (Last)
Earnings (Next)
Inst OwnersN/A
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap53.96B
Revenue(TTM)92.76B
Net Income(TTM)4.92B
Analysts79.26
Price Target51.37 (14.13%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.21% |
Yearly Dividend1.85
Dividend Growth(5Y)13.96%
DPN/A
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)4.53%
Min EPS beat(2)2.45%
Max EPS beat(2)6.6%
EPS beat(4)3
Avg EPS beat(4)4.98%
Min EPS beat(4)-5.49%
Max EPS beat(4)16.37%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-1.63%
Min Revenue beat(2)-2.33%
Max Revenue beat(2)-0.93%
Revenue beat(4)2
Avg Revenue beat(4)2.57%
Min Revenue beat(4)-2.33%
Max Revenue beat(4)8.33%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)1.97%
EPS NQ rev (1m)8.3%
EPS NQ rev (3m)8.88%
EPS NY rev (1m)0.99%
EPS NY rev (3m)-1.76%
Revenue NQ rev (1m)2.16%
Revenue NQ rev (3m)1.24%
Revenue NY rev (1m)0.99%
Revenue NY rev (3m)0.45%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.17 | ||
| Fwd PE | 11.94 | ||
| P/S | 0.58 | ||
| P/FCF | 7.77 | ||
| P/OCF | 4.94 | ||
| P/B | 2.27 | ||
| P/tB | 5.57 | ||
| EV/EBITDA | 5.67 |
EPS(TTM)4.03
EY8.95%
EPS(NY)3.77
Fwd EY8.38%
FCF(TTM)5.79
FCFY12.87%
OCF(TTM)9.12
OCFY20.25%
SpS77.38
BVpS19.79
TBVpS8.08
PEG (NY)N/A
PEG (5Y)0.76
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.3% | ||
| ROE | 20.74% | ||
| ROCE | N/A | ||
| ROIC | 12.57% | ||
| ROICexc | 14.29% | ||
| ROICexgc | 21.84% | ||
| OM | 8.57% | ||
| PM (TTM) | 5.3% | ||
| GM | 44.71% | ||
| FCFM | N/A |
ROA(3y)7.06%
ROA(5y)6.06%
ROE(3y)23.74%
ROE(5y)21.02%
ROIC(3y)12.21%
ROIC(5y)10.19%
ROICexc(3y)14.18%
ROICexc(5y)11.71%
ROICexgc(3y)21.71%
ROICexgc(5y)18.22%
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3Y19.63%
ROICexgc growth 5Y-5.23%
ROICexc growth 3Y21.39%
ROICexc growth 5Y3.22%
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%
F-Score5
Asset Turnover1.38
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.73 | ||
| Debt/FCF | 3.06 | ||
| Debt/EBITDA | 1.74 | ||
| Cap/Depr | 93.94% | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 141.19% | ||
| Current Ratio | 1.03 | ||
| Quick Ratio | 0.98 | ||
| Altman-Z | 2.99 |
F-Score5
WACC5.66%
ROIC/WACC2.22
Cap/Depr(3y)89.7%
Cap/Depr(5y)89.52%
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)138.57%
Profit Quality(5y)131.99%
High Growth Momentum
Growth
EPS 1Y (TTM)-4.28%
EPS 3Y27.87%
EPS 5Y14.71%
EPS Q2Q%-30.91%
EPS Next Y-22.12%
EPS Next 2Y-7.1%
EPS Next 3Y-0.91%
EPS Next 5Y0.18%
Revenue 1Y (TTM)8.52%
Revenue growth 3Y14.24%
Revenue growth 5Y9.33%
Sales Q2Q%-7.41%
Revenue Next Year-8.79%
Revenue Next 2Y-3.26%
Revenue Next 3Y-1.16%
Revenue Next 5Y0.75%
EBIT growth 1Y-2.98%
EBIT growth 3Y31.47%
EBIT growth 5Y18.33%
EBIT Next Year30.22%
EBIT Next 3Y14.18%
EBIT Next 5Y11.82%
FCF growth 1Y8.3%
FCF growth 3Y41.81%
FCF growth 5Y45.13%
OCF growth 1Y15.73%
OCF growth 3Y21.68%
OCF growth 5Y27.15%
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 of DHL GROUP (DPW.DE) 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.
What are the PE and PB ratios of DHL GROUP (DPW.DE) stock?
The Price/Earnings (PE) ratio for DHL GROUP (DPW.DE) is 11.17 and the Price/Book (PB) ratio is 2.27.
How financially healthy is DHL GROUP?
The financial health rating of DHL GROUP (DPW.DE) is 5 / 10.