DHL GROUP (DHL.DE) Fundamental Analysis & Valuation
FRA:DHL • DE0005552004
Current stock price
48.76 EUR
-0.52 (-1.06%)
Last:
This DHL.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. DHL.DE Profitability Analysis
1.1 Basic Checks
- DHL had positive earnings in the past year.
- DHL had a positive operating cash flow in the past year.
- DHL had positive earnings in each of the past 5 years.
- DHL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- DHL's Return On Assets of 4.93% is fine compared to the rest of the industry. DHL outperforms 64.71% of its industry peers.
- Looking at the Return On Equity, with a value of 15.75%, DHL is in line with its industry, outperforming 58.82% of the companies in the same industry.
- DHL's Return On Invested Capital of 8.60% is fine compared to the rest of the industry. DHL outperforms 64.71% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for DHL is in line with the industry average of 7.80%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.93% | ||
| ROE | 15.75% | ||
| ROIC | 8.6% |
ROA(3y)5.07%
ROA(5y)6.19%
ROE(3y)15.37%
ROE(5y)19.14%
ROIC(3y)8.64%
ROIC(5y)10.39%
1.3 Margins
- With a Profit Margin value of 4.22%, DHL perfoms like the industry average, outperforming 41.18% of the companies in the same industry.
- In the last couple of years the Profit Margin of DHL has remained more or less at the same level.
- DHL has a Operating Margin of 7.30%. This is comparable to the rest of the industry: DHL outperforms 58.82% of its industry peers.
- In the last couple of years the Operating Margin of DHL has remained more or less at the same level.
- DHL has a Gross Margin (50.83%) which is in line with its industry peers.
- In the last couple of years the Gross Margin of DHL has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.3% | ||
| PM (TTM) | 4.22% | ||
| GM | 50.83% |
OM growth 3Y-7.64%
OM growth 5Y-1.32%
PM growth 3Y-9.36%
PM growth 5Y-1.1%
GM growth 3Y4.98%
GM growth 5Y0.39%
2. DHL.DE Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), DHL is creating some value.
- DHL has less shares outstanding than it did 1 year ago.
- DHL has less shares outstanding than it did 5 years ago.
- DHL has a worse debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 2.48 indicates that DHL is not a great score, but indicates only limited risk for bankruptcy at the moment.
- DHL has a Altman-Z score (2.48) which is comparable to the rest of the industry.
- DHL has a debt to FCF ratio of 4.35. This is a neutral value as DHL would need 4.35 years to pay back of all of its debts.
- DHL has a better Debt to FCF ratio (4.35) than 70.59% of its industry peers.
- A Debt/Equity ratio of 0.98 indicates that DHL is somewhat dependend on debt financing.
- DHL has a Debt to Equity ratio (0.98) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.98 | ||
| Debt/FCF | 4.35 | ||
| Altman-Z | 2.48 |
ROIC/WACC1.4
WACC6.13%
2.3 Liquidity
- DHL has a Current Ratio of 0.98. 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 Current ratio, with a value of 0.98, DHL is doing worse than 64.71% of the companies in the same industry.
- A Quick Ratio of 0.93 indicates that DHL may have some problems paying its short term obligations.
- The Quick ratio of DHL (0.93) is worse than 64.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.98 | ||
| Quick Ratio | 0.93 |
3. DHL.DE Growth Analysis
3.1 Past
- DHL shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 8.56%, which is quite good.
- The Earnings Per Share has been growing slightly by 5.09% on average over the past years.
- Looking at the last year, DHL shows a decrease in Revenue. The Revenue has decreased by -1.58% in the last year.
- Measured over the past years, DHL shows a small growth in Revenue. The Revenue has been growing by 4.43% on average per year.
EPS 1Y (TTM)8.56%
EPS 3Y-11.29%
EPS 5Y5.09%
EPS Q2Q%-3.17%
Revenue 1Y (TTM)-1.58%
Revenue growth 3Y-4.27%
Revenue growth 5Y4.43%
Sales Q2Q%-2.7%
3.2 Future
- Based on estimates for the next years, DHL will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.68% on average per year.
- Based on estimates for the next years, DHL will show a small growth in Revenue. The Revenue will grow by 6.18% on average per year.
EPS Next Y8.44%
EPS Next 2Y9.3%
EPS Next 3Y9.2%
EPS Next 5Y8.68%
Revenue Next Year1.93%
Revenue Next 2Y2.8%
Revenue Next 3Y3.2%
Revenue Next 5Y6.18%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. DHL.DE Valuation Analysis
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 15.99 indicates a correct valuation of DHL.
- DHL's Price/Earnings ratio is in line with the industry average.
- Compared to an average S&P500 Price/Earnings ratio of 27.66, DHL is valued a bit cheaper.
- With a Price/Forward Earnings ratio of 14.74, DHL is valued correctly.
- The rest of the industry has a similar Price/Forward Earnings ratio as DHL.
- The average S&P500 Price/Forward Earnings ratio is at 38.00. DHL is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.99 | ||
| Fwd PE | 14.74 |
4.2 Price Multiples
- DHL's Enterprise Value to EBITDA ratio is in line with the industry average.
- Based on the Price/Free Cash Flow ratio, DHL is valued a bit cheaper than 70.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.87 | ||
| EV/EBITDA | 7.04 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)1.9
PEG (5Y)3.14
EPS Next 2Y9.3%
EPS Next 3Y9.2%
5. DHL.DE Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 3.91%, DHL has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 3.09, DHL pays a bit more dividend than its industry peers.
- DHL's Dividend Yield is rather good when compared to the S&P500 average which is at 1.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.91% |
5.2 History
- On average, the dividend of DHL grows each year by 10.21%, which is quite nice.
Dividend Growth(5Y)10.21%
Div Incr Years1
Div Non Decr Years2
5.3 Sustainability
- DHL pays out 60.66% 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.
DP60.66%
EPS Next 2Y9.3%
EPS Next 3Y9.2%
DHL.DE Fundamentals: All Metrics, Ratios and Statistics
FRA:DHL (4/22/2026, 5:36:15 PM)
48.76
-0.52 (-1.06%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryAir Freight & Logistics
Earnings (Last)03-05 2026-03-05/dmh
Earnings (Next)04-30 2026-04-30
Inst Owners33.93%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap56.07B
Revenue(TTM)82.85B
Net Income(TTM)3.50B
Analysts70.71
Price Target49.95 (2.44%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.91% |
Yearly Dividend1.87
Dividend Growth(5Y)10.21%
DP60.66%
Div Incr Years1
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)6.2%
Min EPS beat(2)-9.27%
Max EPS beat(2)21.67%
EPS beat(4)3
Avg EPS beat(4)8.2%
Min EPS beat(4)-9.27%
Max EPS beat(4)21.67%
EPS beat(8)4
Avg EPS beat(8)2.67%
EPS beat(12)6
Avg EPS beat(12)0.9%
EPS beat(16)9
Avg EPS beat(16)3.27%
Revenue beat(2)0
Avg Revenue beat(2)-1.24%
Min Revenue beat(2)-2.02%
Max Revenue beat(2)-0.46%
Revenue beat(4)0
Avg Revenue beat(4)-2.75%
Min Revenue beat(4)-6.9%
Max Revenue beat(4)-0.46%
Revenue beat(8)3
Avg Revenue beat(8)-1.35%
Revenue beat(12)3
Avg Revenue beat(12)-2.58%
Revenue beat(16)7
Avg Revenue beat(16)-0.5%
PT rev (1m)6.73%
PT rev (3m)8.35%
EPS NQ rev (1m)-2.06%
EPS NQ rev (3m)-2.55%
EPS NY rev (1m)-1.91%
EPS NY rev (3m)-1.77%
Revenue NQ rev (1m)0.15%
Revenue NQ rev (3m)-2.23%
Revenue NY rev (1m)-0.26%
Revenue NY rev (3m)-0.06%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.99 | ||
| Fwd PE | 14.74 | ||
| P/S | 0.68 | ||
| P/FCF | 8.87 | ||
| P/OCF | 6.15 | ||
| P/B | 2.52 | ||
| P/tB | 7.52 | ||
| EV/EBITDA | 7.04 |
EPS(TTM)3.05
EY6.26%
EPS(NY)3.31
Fwd EY6.78%
FCF(TTM)5.5
FCFY11.28%
OCF(TTM)7.93
OCFY16.26%
SpS72.05
BVpS19.33
TBVpS6.48
PEG (NY)1.9
PEG (5Y)3.14
Graham Number36.4194 (-25.31%)
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.93% | ||
| ROE | 15.75% | ||
| ROCE | 12.19% | ||
| ROIC | 8.6% | ||
| ROICexc | 9.64% | ||
| ROICexgc | 14.47% | ||
| OM | 7.3% | ||
| PM (TTM) | 4.22% | ||
| GM | 50.83% | ||
| FCFM | 7.63% |
ROA(3y)5.07%
ROA(5y)6.19%
ROE(3y)15.37%
ROE(5y)19.14%
ROIC(3y)8.64%
ROIC(5y)10.39%
ROICexc(3y)9.6%
ROICexc(5y)11.8%
ROICexgc(3y)14.53%
ROICexgc(5y)17.88%
ROCE(3y)12.25%
ROCE(5y)14.72%
ROICexgc growth 3Y-14.68%
ROICexgc growth 5Y-4.22%
ROICexc growth 3Y-14.07%
ROICexc growth 5Y-3.36%
OM growth 3Y-7.64%
OM growth 5Y-1.32%
PM growth 3Y-9.36%
PM growth 5Y-1.1%
GM growth 3Y4.98%
GM growth 5Y0.39%
F-Score7
Asset Turnover1.17
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.98 | ||
| Debt/FCF | 4.35 | ||
| Debt/EBITDA | 2 | ||
| Cap/Depr | 57.43% | ||
| Cap/Sales | 3.37% | ||
| Interest Coverage | 6.49 | ||
| Cash Conversion | 83.54% | ||
| Profit Quality | 180.69% | ||
| Current Ratio | 0.98 | ||
| Quick Ratio | 0.93 | ||
| Altman-Z | 2.48 |
F-Score7
WACC6.13%
ROIC/WACC1.4
Cap/Depr(3y)65.05%
Cap/Depr(5y)77.59%
Cap/Sales(3y)3.67%
Cap/Sales(5y)3.94%
Profit Quality(3y)171.37%
Profit Quality(5y)153.88%
High Growth Momentum
Growth
EPS 1Y (TTM)8.56%
EPS 3Y-11.29%
EPS 5Y5.09%
EPS Q2Q%-3.17%
EPS Next Y8.44%
EPS Next 2Y9.3%
EPS Next 3Y9.2%
EPS Next 5Y8.68%
Revenue 1Y (TTM)-1.58%
Revenue growth 3Y-4.27%
Revenue growth 5Y4.43%
Sales Q2Q%-2.7%
Revenue Next Year1.93%
Revenue Next 2Y2.8%
Revenue Next 3Y3.2%
Revenue Next 5Y6.18%
EBIT growth 1Y3.3%
EBIT growth 3Y-11.58%
EBIT growth 5Y3.04%
EBIT Next Year84.9%
EBIT Next 3Y27.02%
EBIT Next 5Y20.8%
FCF growth 1Y9.3%
FCF growth 3Y-3.53%
FCF growth 5Y5.76%
OCF growth 1Y4.55%
OCF growth 3Y-5.93%
OCF growth 5Y3.44%
DHL GROUP / DHL.DE Fundamental Analysis FAQ
Can you provide the ChartMill fundamental rating for DHL GROUP?
ChartMill assigns a fundamental rating of 4 / 10 to DHL.DE.
Can you provide the valuation status for DHL GROUP?
ChartMill assigns a valuation rating of 4 / 10 to DHL GROUP (DHL.DE). This can be considered as Fairly Valued.
What is the profitability of DHL stock?
DHL GROUP (DHL.DE) has a profitability rating of 5 / 10.
What is the earnings growth outlook for DHL GROUP?
The Earnings per Share (EPS) of DHL GROUP (DHL.DE) is expected to grow by 8.44% in the next year.
Can you provide the dividend sustainability for DHL stock?
The dividend rating of DHL GROUP (DHL.DE) is 5 / 10 and the dividend payout ratio is 60.66%.