KONINKLIJKE AHOLD DELHAIZE N (AD.AS) Stock Fundamental Analysis

AMS:AD • NL0011794037

39.67 EUR
+0.08 (+0.2%)
Last: Feb 17, 2026, 05:36 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

4

Taking everything into account, AD scores 4 out of 10 in our fundamental rating. AD was compared to 26 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 on the other hand it scores bad on growth.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • AD had positive earnings in the past year.
  • AD had a positive operating cash flow in the past year.
  • AD had positive earnings in 4 of the past 5 years.
  • AD had a positive operating cash flow in 4 of the past 5 years.
AD.AS Yearly Net Income VS EBIT VS OCF VS FCFAD.AS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B

1.2 Ratios

  • The Return On Assets of AD (4.22%) is better than 73.08% of its industry peers.
  • AD has a better Return On Equity (14.91%) than 65.38% of its industry peers.
  • AD has a Return On Invested Capital (8.12%) which is in line with its industry peers.
  • The Average Return On Invested Capital over the past 3 years for AD is in line with the industry average of 9.15%.
  • The 3 year average ROIC (7.16%) for AD is below the current ROIC(8.12%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 4.22%
ROE 14.91%
ROIC 8.12%
ROA(3y)4.19%
ROA(5y)4.18%
ROE(3y)13.55%
ROE(5y)13.65%
ROIC(3y)7.16%
ROIC(5y)7.13%
AD.AS Yearly ROA, ROE, ROICAD.AS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15

1.3 Margins

  • AD's Profit Margin of 2.24% is fine compared to the rest of the industry. AD outperforms 65.38% of its industry peers.
  • In the last couple of years the Profit Margin of AD has declined.
  • With a Operating Margin value of 3.53%, AD perfoms like the industry average, outperforming 53.85% of the companies in the same industry.
  • In the last couple of years the Operating Margin of AD has declined.
  • With a decent Gross Margin value of 26.45%, AD is doing good in the industry, outperforming 65.38% of the companies in the same industry.
  • In the last couple of years the Gross Margin of AD has remained more or less at the same level.
Industry RankSector Rank
OM 3.53%
PM (TTM) 2.24%
GM 26.45%
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%
AD.AS Yearly Profit, Operating, Gross MarginsAD.AS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15 20 25

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

3

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.
  • There is no outstanding debt for AD. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
AD.AS Yearly Shares OutstandingAD.AS Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B
AD.AS Yearly Total Debt VS Total AssetsAD.AS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 10B 20B 30B 40B 50B

2.2 Solvency

  • An Altman-Z score of 2.79 indicates that AD is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • The Altman-Z score of AD (2.79) is comparable to the rest of the industry.
  • AD has a debt to FCF ratio of 4.79. This is a neutral value as AD would need 4.79 years to pay back of all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 4.79, AD is in the better half of the industry, outperforming 73.08% of the companies in the same industry.
  • A Debt/Equity ratio of 1.08 is on the high side and indicates that AD has dependencies on debt financing.
  • AD has a Debt to Equity ratio (1.08) which is in line with its industry peers.
Industry RankSector Rank
Debt/Equity 1.08
Debt/FCF 4.79
Altman-Z 2.79
ROIC/WACC1.57
WACC5.16%
AD.AS Yearly LT Debt VS Equity VS FCFAD.AS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B

2.3 Liquidity

  • A Current Ratio of 0.70 indicates that AD may have some problems paying its short term obligations.
  • AD has a Current ratio of 0.70. This is in the lower half of the industry: AD underperforms 76.92% of its industry peers.
  • AD has a Quick Ratio of 0.70. This is a bad value and indicates that AD is not financially healthy enough and could expect problems in meeting its short term obligations.
  • The Quick ratio of AD (0.42) is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 0.7
Quick Ratio 0.42
AD.AS Yearly Current Assets VS Current LiabilitesAD.AS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. Growth

3.1 Past

  • AD shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 4.05%.
  • AD shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.17% yearly.
EPS 1Y (TTM)4.05%
EPS 3Y1.2%
EPS 5Y3.17%
EPS Q2Q%3.36%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-1.43%

3.2 Future

  • The Earnings Per Share is expected to grow by 4.03% on average over the next years.
  • The Revenue is expected to grow by 1.07% on average over the next years.
EPS Next Y7.01%
EPS Next 2Y7.7%
EPS Next 3Y4.16%
EPS Next 5Y4.03%
Revenue Next Year1.65%
Revenue Next 2Y2.35%
Revenue Next 3Y1.72%
Revenue Next 5Y1.07%

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 accelerating.
AD.AS Yearly Revenue VS EstimatesAD.AS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 20B 40B 60B 80B 100B
AD.AS Yearly EPS VS EstimatesAD.AS Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 1 2 3

More info and screens

Find the best growth stocksShow best growing peers

5

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 14.97, AD is valued correctly.
  • AD's Price/Earnings ratio is a bit cheaper when compared to the industry. AD is cheaper than 69.23% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 27.19, AD is valued a bit cheaper.
  • The Price/Forward Earnings ratio is 13.97, which indicates a correct valuation of AD.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of AD is on the same level as its industry peers.
  • AD's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.06.
Industry RankSector Rank
PE 14.97
Fwd PE 13.97
AD.AS Price Earnings VS Forward Price EarningsAD.AS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • AD's Enterprise Value to EBITDA is on the same level as the industry average.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of AD indicates a rather cheap valuation: AD is cheaper than 80.77% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 8.54
EV/EBITDA 7.93
AD.AS Per share dataAD.AS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60 80 100

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)4.72
EPS Next 2Y7.7%
EPS Next 3Y4.16%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. Dividend

5.1 Amount

  • AD has a Yearly Dividend Yield of 3.14%. 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 2.55.
  • AD's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 3.14%

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
AD.AS Yearly Dividends per shareAD.AS Yearly Dividends per shareYearly Dividends per share 2019 2020 2021 2022 2023 2024 2025 2026 0.2 0.4 0.6 0.8 1

5.3 Sustainability

  • AD pays out 51.77% 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.
DP51.77%
EPS Next 2Y7.7%
EPS Next 3Y4.16%
AD.AS Yearly Income VS Free CF VS DividendAD.AS Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B
AD.AS Dividend Payout.AD.AS Dividend Payout, showing the Payout Ratio.AD.AS Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

KONINKLIJKE AHOLD DELHAIZE N

AMS:AD (2/17/2026, 5:36:15 PM)

39.67

+0.08 (+0.2%)

Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)02-11
Earnings (Next)05-06
Inst Owners54.9%
Inst Owner ChangeN/A
Ins Owners0.08%
Ins Owner ChangeN/A
Market Cap35.35B
Revenue(TTM)N/A
Net Income(TTM)2.07B
Analysts78.4
Price Target39.07 (-1.51%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 3.14%
Yearly Dividend1.12
Dividend Growth(5Y)21.56%
DP51.77%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.67%
Min EPS beat(2)-2.01%
Max EPS beat(2)7.34%
EPS beat(4)1
Avg EPS beat(4)0.11%
Min EPS beat(4)-2.49%
Max EPS beat(4)7.34%
EPS beat(8)4
Avg EPS beat(8)1.8%
EPS beat(12)7
Avg EPS beat(12)2.3%
EPS beat(16)11
Avg EPS beat(16)3.65%
Revenue beat(2)1
Avg Revenue beat(2)0.31%
Min Revenue beat(2)-2.85%
Max Revenue beat(2)3.47%
Revenue beat(4)1
Avg Revenue beat(4)-1.08%
Min Revenue beat(4)-2.85%
Max Revenue beat(4)3.47%
Revenue beat(8)3
Avg Revenue beat(8)-0.54%
Revenue beat(12)3
Avg Revenue beat(12)-1.36%
Revenue beat(16)4
Avg Revenue beat(16)-1.12%
PT rev (1m)-1.29%
PT rev (3m)0.71%
EPS NQ rev (1m)-0.48%
EPS NQ rev (3m)-2.69%
EPS NY rev (1m)-0.19%
EPS NY rev (3m)0.86%
Revenue NQ rev (1m)16.75%
Revenue NQ rev (3m)-1.35%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.2%
Valuation
Industry RankSector Rank
PE 14.97
Fwd PE 13.97
P/S 0.38
P/FCF 8.54
P/OCF 5.35
P/B 2.55
P/tB 209.19
EV/EBITDA 7.93
EPS(TTM)2.65
EY6.68%
EPS(NY)2.84
Fwd EY7.16%
FCF(TTM)4.65
FCFY11.72%
OCF(TTM)7.41
OCFY18.69%
SpS103.39
BVpS15.55
TBVpS0.19
PEG (NY)2.14
PEG (5Y)4.72
Graham Number30.45
Profitability
Industry RankSector Rank
ROA 4.22%
ROE 14.91%
ROCE 10.24%
ROIC 8.12%
ROICexc 8.12%
ROICexgc 14.27%
OM 3.53%
PM (TTM) 2.24%
GM 26.45%
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 Turnover1.88
Health
Industry RankSector Rank
Debt/Equity 1.08
Debt/FCF 4.79
Debt/EBITDA 2.16
Cap/Depr 66.55%
Cap/Sales 2.68%
Interest Coverage 12.75
Cash Conversion 95%
Profit Quality 200.39%
Current Ratio 0.7
Quick Ratio 0.42
Altman-Z 2.79
F-Score7
WACC5.16%
ROIC/WACC1.57
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)4.05%
EPS 3Y1.2%
EPS 5Y3.17%
EPS Q2Q%3.36%
EPS Next Y7.01%
EPS Next 2Y7.7%
EPS Next 3Y4.16%
EPS Next 5Y4.03%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-1.43%
Revenue Next Year1.65%
Revenue Next 2Y2.35%
Revenue Next 3Y1.72%
Revenue Next 5Y1.07%
EBIT growth 1Y14.03%
EBIT growth 3Y-5.7%
EBIT growth 5Y0.9%
EBIT Next Year102.47%
EBIT Next 3Y28.58%
EBIT Next 5Y16.35%
FCF growth 1Y-3.85%
FCF growth 3Y8.22%
FCF growth 5Y3.97%
OCF growth 1Y-2.87%
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.


What is the valuation status of KONINKLIJKE AHOLD DELHAIZE N (AD.AS) stock?

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.


Can you provide the financial health for AD stock?

The financial health rating of KONINKLIJKE AHOLD DELHAIZE N (AD.AS) is 3 / 10.


Can you provide the expected EPS growth for AD stock?

The Earnings per Share (EPS) of KONINKLIJKE AHOLD DELHAIZE N (AD.AS) is expected to grow by 7.01% in the next year.