KONINKLIJKE AHOLD DELHAIZE N (AD.AS) Stock Fundamental Analysis
Europe - Euronext Amsterdam - AMS:AD - NL0011794037 - Common Stock
34.8 EUR
-0.1 (-0.29%)
We assign a fundamental rating of 4 out of 10 to AD. AD was compared to 25 industry peers in the Consumer Staples Distribution & Retail industry. While AD is still in line with the averages on profitability rating, there are concerns on its financial health. AD has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year AD was profitable.
In the past year AD had a positive cash flow from operations.
Each year in the past 5 years AD has been profitable.
In the past 5 years AD always reported a positive cash flow from operatings.
1.2 Ratios
AD's Return On Assets of 3.79% is in line compared to the rest of the industry. AD outperforms 56.00% of its industry peers.
AD has a Return On Equity of 13.15%. This is in the better half of the industry: AD outperforms 64.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 7.26%, AD is in line with its industry, outperforming 52.00% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for AD is below the industry average of 9.37%.
The last Return On Invested Capital (7.26%) for AD is above the 3 year average (7.16%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.79% | ||
| ROE | 13.15% | ||
| ROIC | 7.26% |
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
AD has a Profit Margin of 2.02%. This is in the better half of the industry: AD outperforms 64.00% of its industry peers.
In the last couple of years the Profit Margin of AD has declined.
With a Operating Margin value of 3.20%, AD perfoms like the industry average, outperforming 44.00% of the companies in the same industry.
In the last couple of years the Operating Margin of AD has declined.
AD has a Gross Margin (26.49%) which is in line with its industry peers.
In the last couple of years the Gross Margin of AD has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.2% | ||
| PM (TTM) | 2.02% | ||
| GM | 26.49% |
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 AD is still creating some value.
AD has less shares outstanding than it did 1 year ago.
AD has less shares outstanding than it did 5 years ago.
AD has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.71 indicates that AD is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.71, AD is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
The Debt to FCF ratio of AD is 4.74, which is a neutral value as it means it would take AD, 4.74 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of AD (4.74) is better than 68.00% of its industry peers.
A Debt/Equity ratio of 1.07 is on the high side and indicates that AD has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.07, AD is in line with its industry, outperforming 44.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.07 | ||
| Debt/FCF | 4.74 | ||
| Altman-Z | 2.71 |
ROIC/WACC1.46
WACC4.98%
2.3 Liquidity
A Current Ratio of 0.72 indicates that AD may have some problems paying its short term obligations.
The Current ratio of AD (0.72) is worse than 80.00% of its industry peers.
AD has a Quick Ratio of 0.72. This is a bad value and indicates that AD is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.43, AD perfoms like the industry average, outperforming 44.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.72 | ||
| Quick Ratio | 0.43 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 1.54% over the past year.
Measured over the past years, AD shows a quite strong growth in Earnings Per Share. The EPS has been growing by 8.32% on average per year.
Looking at the last year, AD shows a small growth in Revenue. The Revenue has grown by 0.70% in the last year.
The Revenue has been growing slightly by 6.16% on average over the past years.
EPS 1Y (TTM)1.54%
EPS 3Y5.2%
EPS 5Y8.32%
EPS Q2Q%8.06%
Revenue 1Y (TTM)0.7%
Revenue growth 3Y5.73%
Revenue growth 5Y6.16%
Sales Q2Q%2.23%
3.2 Future
AD is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 1.24% yearly.
AD is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.32% yearly.
EPS Next Y6.34%
EPS Next 2Y5.87%
EPS Next 3Y6.67%
EPS Next 5Y1.24%
Revenue Next Year3.53%
Revenue Next 2Y2.68%
Revenue Next 3Y2.81%
Revenue Next 5Y2.32%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 13.23, the valuation of AD can be described as correct.
AD's Price/Earnings ratio is a bit cheaper when compared to the industry. AD is cheaper than 72.00% of the companies in the same industry.
AD is valuated rather cheaply when we compare the Price/Earnings ratio to 26.38, which is the current average of the S&P500 Index.
AD is valuated correctly with a Price/Forward Earnings ratio of 12.17.
64.00% of the companies in the same industry are more expensive than AD, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 23.83. AD is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.23 | ||
| Fwd PE | 12.17 |
4.2 Price Multiples
AD's Enterprise Value to EBITDA is on the same level as the industry average.
AD's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. AD is cheaper than 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.57 | ||
| EV/EBITDA | 7.56 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates AD does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)2.09
PEG (5Y)1.59
EPS Next 2Y5.87%
EPS Next 3Y6.67%
5. Dividend
5.1 Amount
AD has a Yearly Dividend Yield of 3.39%. Purely for dividend investing, there may be better candidates out there.
AD's Dividend Yield is a higher than the industry average which is at 2.91.
Compared to an average S&P500 Dividend Yield of 1.87, AD pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.39% |
5.2 History
On average, the dividend of AD grows each year by 21.56%, which is quite nice.
Dividend Growth(5Y)21.56%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
AD pays out 57.95% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of AD is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP57.95%
EPS Next 2Y5.87%
EPS Next 3Y6.67%
AMS:AD (12/19/2025, 7:00:00 PM)
34.8
-0.1 (-0.29%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)
Earnings (Next)
Inst Owners54.22%
Inst Owner ChangeN/A
Ins Owners0.09%
Ins Owner ChangeN/A
Market Cap31.21B
Revenue(TTM)89.36B
Net Income(TTM)1.85B
Analysts78.33
Price Target39.54 (13.62%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.39% |
Yearly Dividend1.12
Dividend Growth(5Y)21.56%
DP57.95%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-2.2%
Min EPS beat(2)-2.39%
Max EPS beat(2)-2.01%
EPS beat(4)1
Avg EPS beat(4)-1.22%
Min EPS beat(4)-2.49%
Max EPS beat(4)2%
EPS beat(8)3
Avg EPS beat(8)0.21%
EPS beat(12)7
Avg EPS beat(12)2.85%
EPS beat(16)11
Avg EPS beat(16)4.33%
Revenue beat(2)1
Avg Revenue beat(2)0.59%
Min Revenue beat(2)-2.28%
Max Revenue beat(2)3.47%
Revenue beat(4)2
Avg Revenue beat(4)0.23%
Min Revenue beat(4)-2.66%
Max Revenue beat(4)3.47%
Revenue beat(8)3
Avg Revenue beat(8)-0.57%
Revenue beat(12)3
Avg Revenue beat(12)-1.14%
Revenue beat(16)4
Avg Revenue beat(16)-0.99%
PT rev (1m)1.92%
PT rev (3m)4.5%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-3.81%
EPS NY rev (1m)1.28%
EPS NY rev (3m)0.2%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.22%
Revenue NY rev (1m)-0.26%
Revenue NY rev (3m)-0.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.23 | ||
| Fwd PE | 12.17 | ||
| P/S | 0.34 | ||
| P/FCF | 7.57 | ||
| P/OCF | 4.77 | ||
| P/B | 2.21 | ||
| P/tB | 71.76 | ||
| EV/EBITDA | 7.56 |
EPS(TTM)2.63
EY7.56%
EPS(NY)2.86
Fwd EY8.21%
FCF(TTM)4.6
FCFY13.22%
OCF(TTM)7.29
OCFY20.95%
SpS102.18
BVpS15.73
TBVpS0.48
PEG (NY)2.09
PEG (5Y)1.59
Graham Number30.51
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.79% | ||
| ROE | 13.15% | ||
| ROCE | 9.16% | ||
| ROIC | 7.26% | ||
| ROICexc | 7.26% | ||
| ROICexgc | 12.68% | ||
| OM | 3.2% | ||
| PM (TTM) | 2.02% | ||
| GM | 26.49% | ||
| FCFM | 4.5% |
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%
ROICexgc growth 3Y-6.55%
ROICexgc 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-Score7
Asset Turnover1.87
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.07 | ||
| Debt/FCF | 4.74 | ||
| Debt/EBITDA | 2.24 | ||
| Cap/Depr | 63.68% | ||
| Cap/Sales | 2.63% | ||
| Interest Coverage | 11.02 | ||
| Cash Conversion | 97.28% | ||
| Profit Quality | 222.43% | ||
| Current Ratio | 0.72 | ||
| Quick Ratio | 0.43 | ||
| Altman-Z | 2.71 |
F-Score7
WACC4.98%
ROIC/WACC1.46
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)1.54%
EPS 3Y5.2%
EPS 5Y8.32%
EPS Q2Q%8.06%
EPS Next Y6.34%
EPS Next 2Y5.87%
EPS Next 3Y6.67%
EPS Next 5Y1.24%
Revenue 1Y (TTM)0.7%
Revenue growth 3Y5.73%
Revenue growth 5Y6.16%
Sales Q2Q%2.23%
Revenue Next Year3.53%
Revenue Next 2Y2.68%
Revenue Next 3Y2.81%
Revenue Next 5Y2.32%
EBIT growth 1Y1.35%
EBIT growth 3Y-5.7%
EBIT growth 5Y0.9%
EBIT Next Year102.47%
EBIT Next 3Y28.61%
EBIT Next 5Y16.35%
FCF growth 1Y4.59%
FCF growth 3Y8.22%
FCF growth 5Y3.97%
OCF growth 1Y0.89%
OCF growth 3Y4.41%
OCF growth 5Y2.7%
KONINKLIJKE AHOLD DELHAIZE N / AD.AS FAQ
What is the ChartMill fundamental rating of KONINKLIJKE AHOLD DELHAIZE N (AD.AS) stock?
ChartMill assigns a fundamental rating of 4 / 10 to AD.AS.
Can you provide the valuation status for KONINKLIJKE AHOLD DELHAIZE N?
ChartMill assigns a valuation rating of 4 / 10 to KONINKLIJKE AHOLD DELHAIZE N (AD.AS). This can be considered as Fairly Valued.
What is the profitability of AD stock?
KONINKLIJKE AHOLD DELHAIZE N (AD.AS) has a profitability rating of 5 / 10.
What are the PE and PB ratios of KONINKLIJKE AHOLD DELHAIZE N (AD.AS) stock?
The Price/Earnings (PE) ratio for KONINKLIJKE AHOLD DELHAIZE N (AD.AS) is 13.23 and the Price/Book (PB) ratio is 2.21.
What is the earnings growth outlook for KONINKLIJKE AHOLD DELHAIZE N?
The Earnings per Share (EPS) of KONINKLIJKE AHOLD DELHAIZE N (AD.AS) is expected to grow by 6.34% in the next year.