KONINKLIJKE AHOLD DELHAIZE N (AD.AS) Stock Fundamental Analysis
Europe - AMS:AD - NL0011794037 - Common Stock
33.805 EUR
-0.01 (-0.01%)
Overall AD gets a fundamental rating of 4 out of 10. We evaluated AD against 22 industry peers in the Consumer Staples Distribution & Retail industry. AD has a medium profitability rating, but doesn't score so well on its financial health evaluation. AD is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
AD had positive earnings in the past year.
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 has a Return On Assets of 3.58%. This is comparable to the rest of the industry: AD outperforms 54.55% of its industry peers.
AD's Return On Equity of 12.00% is fine compared to the rest of the industry. AD outperforms 63.64% of its industry peers.
AD's Return On Invested Capital of 6.33% is in line compared to the rest of the industry. AD outperforms 54.55% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AD is below the industry average of 9.17%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.58% | ||
| ROE | 12% | ||
| ROIC | 6.33% |
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's Profit Margin of 2.02% is fine compared to the rest of the industry. AD outperforms 63.64% of its industry peers.
AD's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 3.20%, AD perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
AD's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 26.49%, AD is in the better half of the industry, outperforming 63.64% of the companies in the same industry.
AD's Gross Margin has been stable in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), AD is creating some value.
The number of shares outstanding for AD has been reduced compared to 1 year ago.
AD has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, AD has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.58 indicates that AD is not a great score, but indicates only limited risk for bankruptcy at the moment.
AD's Altman-Z score of 2.58 is on the low side compared to the rest of the industry. AD is outperformed by 63.64% of its industry peers.
AD has a debt to FCF ratio of 4.92. This is a neutral value as AD would need 4.92 years to pay back of all of its debts.
AD's Debt to FCF ratio of 4.92 is fine compared to the rest of the industry. AD outperforms 77.27% of its industry peers.
A Debt/Equity ratio of 1.18 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 1.18, AD is in line with its industry, outperforming 40.91% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.18 | ||
| Debt/FCF | 4.92 | ||
| Altman-Z | 2.58 |
ROIC/WACC1.28
WACC4.93%
2.3 Liquidity
AD has a Current Ratio of 0.84. This is a bad value and indicates that AD is not financially healthy enough and could expect problems in meeting its short term obligations.
AD has a Current ratio (0.84) which is in line with its industry peers.
AD has a Quick Ratio of 0.84. This is a bad value and indicates that AD is not financially healthy enough and could expect problems in meeting its short term obligations.
AD has a Quick ratio (0.56) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.84 | ||
| Quick Ratio | 0.56 |
3. Growth
3.1 Past
AD shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 1.18%.
The Earnings Per Share has been growing by 8.32% on average over the past years. This is quite good.
The Revenue has been growing slightly by 2.93% in the past year.
The Revenue has been growing slightly by 6.16% on average over the past years.
EPS 1Y (TTM)1.18%
EPS 3Y5.2%
EPS 5Y8.32%
EPS Q2Q%0%
Revenue 1Y (TTM)2.93%
Revenue growth 3Y5.73%
Revenue growth 5Y6.16%
Sales Q2Q%3.32%
3.2 Future
AD is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.03% yearly.
The Revenue is expected to grow by 1.43% on average over the next years.
EPS Next Y6.13%
EPS Next 2Y6.46%
EPS Next 3Y6.94%
EPS Next 5Y4.03%
Revenue Next Year3.73%
Revenue Next 2Y2.86%
Revenue Next 3Y2.93%
Revenue Next 5Y1.43%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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 13.10, the valuation of AD can be described as correct.
Compared to the rest of the industry, the Price/Earnings ratio of AD indicates a somewhat cheap valuation: AD is cheaper than 68.18% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.20, AD is valued rather cheaply.
AD is valuated reasonably with a Price/Forward Earnings ratio of 11.70.
Based on the Price/Forward Earnings ratio, AD is valued a bit cheaper than the industry average as 63.64% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.70, AD is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.1 | ||
| Fwd PE | 11.7 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AD is valued a bit cheaper than the industry average as 72.73% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, AD is valued a bit cheaper than the industry average as 77.27% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.44 | ||
| EV/EBITDA | 6.24 |
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)2.14
PEG (5Y)1.57
EPS Next 2Y6.46%
EPS Next 3Y6.94%
5. Dividend
5.1 Amount
AD has a Yearly Dividend Yield of 3.43%. Purely for dividend investing, there may be better candidates out there.
AD's Dividend Yield is comparable with the industry average which is at 4.06.
Compared to an average S&P500 Dividend Yield of 2.38, AD pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.43% |
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 2Y6.46%
EPS Next 3Y6.94%
AMS:AD (9/18/2025, 4:32:11 PM)
33.805
-0.01 (-0.01%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)
Earnings (Next)
Inst Owners46.66%
Inst Owner ChangeN/A
Ins Owners0.09%
Ins Owner ChangeN/A
Market Cap30.69B
Analysts74.4
Price Target37.84 (11.94%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.43% |
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)-0.09%
PT rev (3m)-0.74%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-4.55%
EPS NY rev (1m)-3.29%
EPS NY rev (3m)-3.29%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.08%
Revenue NY rev (3m)-0.96%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.1 | ||
| Fwd PE | 11.7 | ||
| P/S | 0.33 | ||
| P/FCF | 7.44 | ||
| P/OCF | 4.69 | ||
| P/B | 1.99 | ||
| P/tB | 15.09 | ||
| EV/EBITDA | 6.24 |
EPS(TTM)2.58
EY7.63%
EPS(NY)2.89
Fwd EY8.55%
FCF(TTM)4.54
FCFY13.44%
OCF(TTM)7.2
OCFY21.31%
SpS100.95
BVpS17.02
TBVpS2.24
PEG (NY)2.14
PEG (5Y)1.57
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.58% | ||
| ROE | 12% | ||
| ROCE | 8.51% | ||
| ROIC | 6.33% | ||
| ROICexc | 7.69% | ||
| ROICexgc | 13.83% | ||
| 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%
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 Turnover1.77
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.18 | ||
| Debt/FCF | 4.92 | ||
| Debt/EBITDA | 2.71 | ||
| Cap/Depr | 63.68% | ||
| Cap/Sales | 2.63% | ||
| Interest Coverage | 11.02 | ||
| Cash Conversion | 97.28% | ||
| Profit Quality | 222.43% | ||
| Current Ratio | 0.84 | ||
| Quick Ratio | 0.56 | ||
| Altman-Z | 2.58 |
F-Score5
WACC4.93%
ROIC/WACC1.28
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)1.18%
EPS 3Y5.2%
EPS 5Y8.32%
EPS Q2Q%0%
EPS Next Y6.13%
EPS Next 2Y6.46%
EPS Next 3Y6.94%
EPS Next 5Y4.03%
Revenue 1Y (TTM)2.93%
Revenue growth 3Y5.73%
Revenue growth 5Y6.16%
Sales Q2Q%3.32%
Revenue Next Year3.73%
Revenue Next 2Y2.86%
Revenue Next 3Y2.93%
Revenue Next 5Y1.43%
EBIT growth 1Y1.35%
EBIT growth 3Y-5.7%
EBIT growth 5Y0.9%
EBIT Next Year105.3%
EBIT Next 3Y29.65%
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%