KONINKLIJKE AHOLD DELHAIZE N (1AD.MI) Stock Fundamental Analysis
BIT:1AD - Euronext Milan - NL0011794037 - Common Stock - Currency: EUR
1AD gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 28 industry peers in the Consumer Staples Distribution & Retail industry. While 1AD is still in line with the averages on profitability rating, there are concerns on its financial health. 1AD has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
1AD had positive earnings in the past year.
1AD had a positive operating cash flow in the past year.
Each year in the past 5 years 1AD has been profitable.
1AD 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 3.40%, 1AD is in the better half of the industry, outperforming 60.71% of the companies in the same industry.
With a decent Return On Equity value of 11.42%, 1AD is doing good in the industry, outperforming 64.29% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 6.01%, 1AD is in the better half of the industry, outperforming 60.71% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for 1AD is below the industry average of 9.28%.
| 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
The Profit Margin of 1AD (1.98%) is better than 64.29% of its industry peers.
In the last couple of years the Profit Margin of 1AD has declined.
1AD's Operating Margin of 3.12% is in line compared to the rest of the industry. 1AD outperforms 50.00% of its industry peers.
In the last couple of years the Operating Margin of 1AD has declined.
1AD has a Gross Margin of 26.64%. This is in the better half of the industry: 1AD outperforms 75.00% of its industry peers.
In the last couple of years the Gross Margin of 1AD has remained more or less at the same level.
| 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so 1AD is still creating some value.
Compared to 1 year ago, 1AD has less shares outstanding
1AD has less shares outstanding than it did 5 years ago.
1AD has a worse debt/assets ratio than last year.
2.2 Solvency
1AD has an Altman-Z score of 2.55. This is not the best score and indicates that 1AD is in the grey zone with still only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.55, 1AD perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
1AD has a debt to FCF ratio of 5.18. This is a neutral value as 1AD would need 5.18 years to pay back of all of its debts.
The Debt to FCF ratio of 1AD (5.18) is better than 71.43% of its industry peers.
1AD has a Debt/Equity ratio of 1.18. This is a high value indicating a heavy dependency on external financing.
1AD has a Debt to Equity ratio (1.18) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.18 | ||
| Debt/FCF | 5.18 | ||
| Altman-Z | 2.55 |
ROIC/WACC1.17
WACC5.12%
2.3 Liquidity
1AD has a Current Ratio of 0.84. This is a bad value and indicates that 1AD is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.84, 1AD is doing worse than 75.00% of the companies in the same industry.
1AD has a Quick Ratio of 0.84. This is a bad value and indicates that 1AD is not financially healthy enough and could expect problems in meeting its short term obligations.
1AD has a Quick ratio of 0.56. This is comparable to the rest of the industry: 1AD outperforms 46.43% of its industry peers.
| 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 1.31% over the past year.
1AD shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 8.52% yearly.
The Revenue has been growing slightly by 0.80% in the past year.
1AD shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.16% yearly.
EPS 1Y (TTM)1.31%
EPS 3Y5.52%
EPS 5Y8.52%
EPS Q2Q%-2.29%
Revenue 1Y (TTM)0.8%
Revenue growth 3Y5.73%
Revenue growth 5Y6.16%
Sales Q2Q%3.96%
3.2 Future
Based on estimates for the next years, 1AD will show a small growth in Earnings Per Share. The EPS will grow by 6.22% on average per year.
The Revenue is expected to grow by 2.67% on average over the next years.
EPS Next Y10.87%
EPS Next 2Y9.53%
EPS Next 3Y8.92%
EPS Next 5Y6.22%
Revenue Next Year7.01%
Revenue Next 2Y4.99%
Revenue Next 3Y4.29%
Revenue Next 5Y2.67%
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
Based on the Price/Earnings ratio of 13.51, the valuation of 1AD can be described as correct.
Based on the Price/Earnings ratio, 1AD is valued a bit cheaper than the industry average as 64.29% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 29.35, 1AD is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 12.17, the valuation of 1AD can be described as correct.
1AD's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of 1AD to the average of the S&P500 Index (22.10), we can say 1AD is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.51 | ||
| Fwd PE | 12.17 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, 1AD is valued a bit cheaper than 64.29% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, 1AD is valued a bit cheaper than 71.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.14 | ||
| EV/EBITDA | 6.66 |
4.3 Compensation for Growth
1AD's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.24
PEG (5Y)1.59
EPS Next 2Y9.53%
EPS Next 3Y8.92%
5. Dividend
5.1 Amount
1AD has a Yearly Dividend Yield of 3.47%. Purely for dividend investing, there may be better candidates out there.
1AD's Dividend Yield is comparable with the industry average which is at 3.75.
Compared to an average S&P500 Dividend Yield of 2.33, 1AD pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.47% |
5.2 History
On average, the dividend of 1AD grows each year by 21.56%, which is quite nice.
Dividend Growth(5Y)21.56%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
58.75% of the earnings are spent on dividend by 1AD. This is a bit on the high side, but may be sustainable.
The dividend of 1AD is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP58.75%
EPS Next 2Y9.53%
EPS Next 3Y8.92%
BIT:1AD (2/25/2025, 7:00:00 PM)
34.71
+3.04 (+9.6%)
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 Cap31.95B
Analysts75
Price Target37.09 (6.86%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.47% |
Yearly Dividend1.12
Dividend Growth(5Y)21.56%
DP58.75%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)2.3%
Min EPS beat(2)2%
Max EPS beat(2)2.59%
EPS beat(4)3
Avg EPS beat(4)1.79%
Min EPS beat(4)-0.4%
Max EPS beat(4)2.98%
EPS beat(8)6
Avg EPS beat(8)1.92%
EPS beat(12)10
Avg EPS beat(12)4.63%
EPS beat(16)13
Avg EPS beat(16)5.22%
Revenue beat(2)2
Avg Revenue beat(2)1.37%
Min Revenue beat(2)0.35%
Max Revenue beat(2)2.39%
Revenue beat(4)3
Avg Revenue beat(4)0.67%
Min Revenue beat(4)-1.79%
Max Revenue beat(4)2.39%
Revenue beat(8)3
Avg Revenue beat(8)-1.08%
Revenue beat(12)3
Avg Revenue beat(12)-1.13%
Revenue beat(16)6
Avg Revenue beat(16)-0.68%
PT rev (1m)10.32%
PT rev (3m)10.79%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)2.02%
EPS NY rev (3m)2.02%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)2.63%
Revenue NY rev (3m)3.8%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.51 | ||
| Fwd PE | 12.17 | ||
| P/S | 0.36 | ||
| P/FCF | 8.14 | ||
| P/OCF | 5.13 | ||
| P/B | 2.07 | ||
| P/tB | 15.71 | ||
| EV/EBITDA | 6.66 |
EPS(TTM)2.57
EY7.4%
EPS(NY)2.85
Fwd EY8.22%
FCF(TTM)4.26
FCFY12.28%
OCF(TTM)6.76
OCFY19.48%
SpS97.07
BVpS16.79
TBVpS2.21
PEG (NY)1.24
PEG (5Y)1.59
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 | 2.55 |
F-Score5
WACC5.12%
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)1.31%
EPS 3Y5.52%
EPS 5Y8.52%
EPS Q2Q%-2.29%
EPS Next Y10.87%
EPS Next 2Y9.53%
EPS Next 3Y8.92%
EPS Next 5Y6.22%
Revenue 1Y (TTM)0.8%
Revenue growth 3Y5.73%
Revenue growth 5Y6.16%
Sales Q2Q%3.96%
Revenue Next Year7.01%
Revenue Next 2Y4.99%
Revenue Next 3Y4.29%
Revenue Next 5Y2.67%
EBIT growth 1Y-2.18%
EBIT growth 3Y-5.7%
EBIT growth 5Y0.9%
EBIT Next Year104.78%
EBIT Next 3Y26.62%
EBIT Next 5Y16.64%
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%