DHL GROUP (DHL.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:DHL - DE0005552004 - Common Stock
44.94 EUR
+0.11 (+0.25%)
We assign a fundamental rating of 5 out of 10 to DHL. DHL was compared to 16 industry peers in the Air Freight & Logistics industry. While DHL has a great profitability rating, there are some minor concerns on its financial health. DHL has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year DHL was profitable.
In the past year DHL had a positive cash flow from operations.
In the past 5 years DHL has always been profitable.
In the past 5 years DHL always reported a positive cash flow from operatings.
1.2 Ratios
With a decent Return On Assets value of 5.15%, DHL is doing good in the industry, outperforming 75.00% of the companies in the same industry.
The Return On Equity of DHL (16.43%) is better than 68.75% of its industry peers.
The Return On Invested Capital of DHL (9.06%) is better than 81.25% of its industry peers.
The Average Return On Invested Capital over the past 3 years for DHL is above the industry average of 7.96%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.15% | ||
| ROE | 16.43% | ||
| ROIC | 9.06% |
ROA(3y)6.03%
ROA(5y)6.29%
ROE(3y)17.81%
ROE(5y)20.32%
ROIC(3y)10.22%
ROIC(5y)10.65%
1.3 Margins
The Profit Margin of DHL (4.24%) is better than 68.75% of its industry peers.
DHL's Profit Margin has been stable in the last couple of years.
With a decent Operating Margin value of 7.27%, DHL is doing good in the industry, outperforming 75.00% of the companies in the same industry.
In the last couple of years the Operating Margin of DHL has grown nicely.
Looking at the Gross Margin, with a value of 50.49%, DHL is in the better half of the industry, outperforming 68.75% of the companies in the same industry.
DHL's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.27% | ||
| PM (TTM) | 4.24% | ||
| GM | 50.49% |
OM growth 3Y-10.95%
OM growth 5Y3.29%
PM growth 3Y-13.81%
PM growth 5Y-0.9%
GM growth 3Y2.61%
GM growth 5Y0.23%
2. Health
2.1 Basic Checks
DHL has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for DHL has been reduced compared to 1 year ago.
DHL has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, DHL has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.50 indicates that DHL is not a great score, but indicates only limited risk for bankruptcy at the moment.
DHL has a Altman-Z score of 2.50. This is in the better half of the industry: DHL outperforms 62.50% of its industry peers.
The Debt to FCF ratio of DHL is 3.91, which is a good value as it means it would take DHL, 3.91 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.91, DHL is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
A Debt/Equity ratio of 0.94 indicates that DHL is somewhat dependend on debt financing.
With a decent Debt to Equity ratio value of 0.94, DHL is doing good in the industry, outperforming 68.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.94 | ||
| Debt/FCF | 3.91 | ||
| Altman-Z | 2.5 |
ROIC/WACC1.54
WACC5.87%
2.3 Liquidity
DHL has a Current Ratio of 0.92. This is a bad value and indicates that DHL is not financially healthy enough and could expect problems in meeting its short term obligations.
DHL has a Current ratio (0.92) which is comparable to the rest of the industry.
DHL has a Quick Ratio of 0.92. This is a bad value and indicates that DHL is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.87, DHL is in line with its industry, outperforming 43.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.92 | ||
| Quick Ratio | 0.87 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 15.79% over the past year.
Measured over the past 5 years, DHL shows a small growth in Earnings Per Share. The EPS has been growing by 6.10% on average per year.
The Revenue has been growing slightly by 0.77% in the past year.
DHL shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.85% yearly.
EPS 1Y (TTM)15.79%
EPS 3Y-11.47%
EPS 5Y6.1%
EPS Q2Q%19.05%
Revenue 1Y (TTM)0.77%
Revenue growth 3Y0.98%
Revenue growth 5Y5.85%
Sales Q2Q%-2.25%
3.2 Future
DHL is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.22% yearly.
DHL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.85% yearly.
EPS Next Y6.98%
EPS Next 2Y8.59%
EPS Next 3Y9.23%
EPS Next 5Y9.22%
Revenue Next Year-0.68%
Revenue Next 2Y0.91%
Revenue Next 3Y1.86%
Revenue Next 5Y2.85%
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.
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 14.59, the valuation of DHL can be described as correct.
Based on the Price/Earnings ratio, DHL is valued a bit cheaper than 68.75% of the companies in the same industry.
When comparing the Price/Earnings ratio of DHL to the average of the S&P500 Index (26.31), we can say DHL is valued slightly cheaper.
With a Price/Forward Earnings ratio of 13.56, DHL is valued correctly.
The rest of the industry has a similar Price/Forward Earnings ratio as DHL.
DHL's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 36.56.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.59 | ||
| Fwd PE | 13.56 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, DHL is valued a bit cheaper than the industry average as 68.75% of the companies are valued more expensively.
DHL's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. DHL is cheaper than 68.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.02 | ||
| EV/EBITDA | 6.84 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
DHL has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)2.09
PEG (5Y)2.39
EPS Next 2Y8.59%
EPS Next 3Y9.23%
5. Dividend
5.1 Amount
DHL has a Yearly Dividend Yield of 4.11%, which is a nice return.
DHL's Dividend Yield is a higher than the industry average which is at 3.87.
Compared to an average S&P500 Dividend Yield of 2.32, DHL pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.11% |
5.2 History
On average, the dividend of DHL grows each year by 10.08%, which is quite nice.
Dividend Growth(5Y)10.08%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
DHL pays out 60.01% of its income as dividend. This is not a sustainable payout ratio.
DHL's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP60.01%
EPS Next 2Y8.59%
EPS Next 3Y9.23%
FRA:DHL (12/1/2025, 9:51:20 AM)
44.94
+0.11 (+0.25%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryAir Freight & Logistics
Earnings (Last)
Earnings (Next)
Inst Owners37.82%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap53.93B
Revenue(TTM)83.47B
Net Income(TTM)3.54B
Analysts72.31
Price Target45 (0.13%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.11% |
Yearly Dividend1.86
Dividend Growth(5Y)10.08%
DP60.01%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)19.01%
Min EPS beat(2)16.35%
Max EPS beat(2)21.67%
EPS beat(4)4
Avg EPS beat(4)11.1%
Min EPS beat(4)2.31%
Max EPS beat(4)21.67%
EPS beat(8)4
Avg EPS beat(8)2.08%
EPS beat(12)7
Avg EPS beat(12)2.31%
EPS beat(16)9
Avg EPS beat(16)3.85%
Revenue beat(2)0
Avg Revenue beat(2)-3.68%
Min Revenue beat(2)-6.9%
Max Revenue beat(2)-0.46%
Revenue beat(4)1
Avg Revenue beat(4)-2%
Min Revenue beat(4)-6.9%
Max Revenue beat(4)0.97%
Revenue beat(8)3
Avg Revenue beat(8)-1.73%
Revenue beat(12)4
Avg Revenue beat(12)-2.41%
Revenue beat(16)8
Avg Revenue beat(16)0.06%
PT rev (1m)2.41%
PT rev (3m)0.32%
EPS NQ rev (1m)3.3%
EPS NQ rev (3m)4%
EPS NY rev (1m)-1.16%
EPS NY rev (3m)-1.91%
Revenue NQ rev (1m)0.12%
Revenue NQ rev (3m)-0.7%
Revenue NY rev (1m)-0.15%
Revenue NY rev (3m)-0.94%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.59 | ||
| Fwd PE | 13.56 | ||
| P/S | 0.65 | ||
| P/FCF | 8.02 | ||
| P/OCF | 5.64 | ||
| P/B | 2.5 | ||
| P/tB | 7.66 | ||
| EV/EBITDA | 6.84 |
EPS(TTM)3.08
EY6.85%
EPS(NY)3.31
Fwd EY7.37%
FCF(TTM)5.6
FCFY12.46%
OCF(TTM)7.97
OCFY17.74%
SpS69.56
BVpS17.95
TBVpS5.86
PEG (NY)2.09
PEG (5Y)2.39
Graham Number35.27
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.15% | ||
| ROE | 16.43% | ||
| ROCE | 12.77% | ||
| ROIC | 9.06% | ||
| ROICexc | 9.99% | ||
| ROICexgc | 15.05% | ||
| OM | 7.27% | ||
| PM (TTM) | 4.24% | ||
| GM | 50.49% | ||
| FCFM | 8.05% |
ROA(3y)6.03%
ROA(5y)6.29%
ROE(3y)17.81%
ROE(5y)20.32%
ROIC(3y)10.22%
ROIC(5y)10.65%
ROICexc(3y)11.44%
ROICexc(5y)12.2%
ROICexgc(3y)17.45%
ROICexgc(5y)18.64%
ROCE(3y)14.41%
ROCE(5y)15.01%
ROICexgc growth 3Y-15.78%
ROICexgc growth 5Y1.42%
ROICexc growth 3Y-15.89%
ROICexc growth 5Y2.58%
OM growth 3Y-10.95%
OM growth 5Y3.29%
PM growth 3Y-13.81%
PM growth 5Y-0.9%
GM growth 3Y2.61%
GM growth 5Y0.23%
F-Score7
Asset Turnover1.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.94 | ||
| Debt/FCF | 3.91 | ||
| Debt/EBITDA | 1.86 | ||
| Cap/Depr | 58.57% | ||
| Cap/Sales | 3.41% | ||
| Interest Coverage | 6.48 | ||
| Cash Conversion | 87.55% | ||
| Profit Quality | 189.97% | ||
| Current Ratio | 0.92 | ||
| Quick Ratio | 0.87 | ||
| Altman-Z | 2.5 |
F-Score7
WACC5.87%
ROIC/WACC1.54
Cap/Depr(3y)77.13%
Cap/Depr(5y)81.36%
Cap/Sales(3y)3.92%
Cap/Sales(5y)4.14%
Profit Quality(3y)154.97%
Profit Quality(5y)149.84%
High Growth Momentum
Growth
EPS 1Y (TTM)15.79%
EPS 3Y-11.47%
EPS 5Y6.1%
EPS Q2Q%19.05%
EPS Next Y6.98%
EPS Next 2Y8.59%
EPS Next 3Y9.23%
EPS Next 5Y9.22%
Revenue 1Y (TTM)0.77%
Revenue growth 3Y0.98%
Revenue growth 5Y5.85%
Sales Q2Q%-2.25%
Revenue Next Year-0.68%
Revenue Next 2Y0.91%
Revenue Next 3Y1.86%
Revenue Next 5Y2.85%
EBIT growth 1Y10.55%
EBIT growth 3Y-10.08%
EBIT growth 5Y9.34%
EBIT Next Year85.46%
EBIT Next 3Y27.11%
EBIT Next 5Y17.58%
FCF growth 1Y13.43%
FCF growth 3Y-2.57%
FCF growth 5Y18.56%
OCF growth 1Y-3.17%
OCF growth 3Y-4.43%
OCF growth 5Y7.48%
DHL GROUP / DHL.DE FAQ
What is the fundamental rating for DHL stock?
ChartMill assigns a fundamental rating of 5 / 10 to DHL.DE.
What is the valuation status of DHL GROUP (DHL.DE) stock?
ChartMill assigns a valuation rating of 5 / 10 to DHL GROUP (DHL.DE). This can be considered as Fairly Valued.
Can you provide the profitability details for DHL GROUP?
DHL GROUP (DHL.DE) has a profitability rating of 7 / 10.
How financially healthy is DHL GROUP?
The financial health rating of DHL GROUP (DHL.DE) is 5 / 10.
How sustainable is the dividend of DHL GROUP (DHL.DE) stock?
The dividend rating of DHL GROUP (DHL.DE) is 6 / 10 and the dividend payout ratio is 60.01%.