DHL GROUP (DHL.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:DHL - DE0005552004 - Common Stock
45.42 EUR
+0.43 (+0.96%)
DHL gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 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 is not valued too expensively and it also shows a decent 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.
DHL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
DHL has a Return On Assets of 5.15%. This is in the better half of the industry: DHL outperforms 68.75% of its industry peers.
DHL's Return On Equity of 16.43% is fine compared to the rest of the industry. DHL outperforms 62.50% of its industry peers.
Looking at the Return On Invested Capital, with a value of 9.06%, DHL is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
DHL had an Average Return On Invested Capital over the past 3 years of 10.22%. This 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
DHL's Profit Margin of 4.24% is fine compared to the rest of the industry. DHL outperforms 62.50% of its industry peers.
DHL's Profit Margin has been stable in the last couple of years.
DHL's Operating Margin of 7.27% is fine compared to the rest of the industry. DHL outperforms 68.75% of its industry peers.
In the last couple of years the Operating Margin of DHL has grown nicely.
DHL has a Gross Margin of 50.49%. This is in the better half of the industry: DHL outperforms 62.50% of its industry peers.
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.
DHL has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.51 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 2.51. This is in the better half of the industry: DHL outperforms 68.75% 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.
DHL's Debt to FCF ratio of 3.91 is fine compared to the rest of the industry. DHL outperforms 68.75% of its industry peers.
DHL has a Debt/Equity ratio of 0.94. This is a neutral value indicating DHL is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.94, DHL is in the better half of the industry, outperforming 62.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.94 | ||
| Debt/FCF | 3.91 | ||
| Altman-Z | 2.51 |
ROIC/WACC1.54
WACC5.88%
2.3 Liquidity
A Current Ratio of 0.92 indicates that DHL may have some problems paying its short term obligations.
With a Current ratio value of 0.92, DHL is not doing good in the industry: 62.50% of the companies in the same industry are doing better.
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.
DHL has a worse Quick ratio (0.87) than 62.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.92 | ||
| Quick Ratio | 0.87 |
3. Growth
3.1 Past
DHL shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 15.79%, which is quite good.
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.
DHL shows a small growth in Revenue. In the last year, the Revenue has grown by 0.77%.
Measured over the past years, DHL shows a small growth in Revenue. The Revenue has been growing by 5.85% on average per year.
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
The Earnings Per Share is expected to grow by 9.22% on average over the next years. This is quite good.
The Revenue is expected to grow by 2.85% on average over the next years.
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
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 14.75, DHL is valued correctly.
Based on the Price/Earnings ratio, DHL is valued a bit cheaper than 62.50% of the companies in the same industry.
When comparing the Price/Earnings ratio of DHL to the average of the S&P500 Index (26.37), we can say DHL is valued slightly cheaper.
The Price/Forward Earnings ratio is 13.71, which indicates a correct valuation of DHL.
DHL's Price/Forward Earnings ratio is in line with the industry average.
DHL is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.20, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.75 | ||
| Fwd PE | 13.71 |
4.2 Price Multiples
DHL's Enterprise Value to EBITDA is on the same level as the industry average.
62.50% of the companies in the same industry are more expensive than DHL, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.11 | ||
| EV/EBITDA | 6.86 |
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)2.11
PEG (5Y)2.42
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.
Compared to an average industry Dividend Yield of 3.87, 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 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.11% |
5.2 History
The dividend of DHL is nicely growing with an annual growth rate of 10.08%!
Dividend Growth(5Y)10.08%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
60.01% of the earnings are spent on dividend by DHL. This is not a sustainable payout ratio.
The dividend of DHL is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP60.01%
EPS Next 2Y8.59%
EPS Next 3Y9.23%
FRA:DHL (12/4/2025, 1:08:02 PM)
45.42
+0.43 (+0.96%)
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 Cap54.50B
Revenue(TTM)83.47B
Net Income(TTM)3.54B
Analysts72.31
Price Target45 (-0.92%)
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 | 14.75 | ||
| Fwd PE | 13.71 | ||
| P/S | 0.65 | ||
| P/FCF | 8.11 | ||
| P/OCF | 5.7 | ||
| P/B | 2.53 | ||
| P/tB | 7.75 | ||
| EV/EBITDA | 6.86 |
EPS(TTM)3.08
EY6.78%
EPS(NY)3.31
Fwd EY7.29%
FCF(TTM)5.6
FCFY12.33%
OCF(TTM)7.97
OCFY17.55%
SpS69.56
BVpS17.95
TBVpS5.86
PEG (NY)2.11
PEG (5Y)2.42
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 | 2.51 |
F-Score7
WACC5.88%
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 4 / 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%.