DHL GROUP (DHL.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:DHL - DE0005552004 - Common Stock
43 EUR
+0.48 (+1.13%)
Overall DHL gets a fundamental rating of 5 out of 10. We evaluated DHL against 15 industry peers in the Air Freight & Logistics industry. DHL scores excellent on profitability, but 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.
Each year in the past 5 years DHL has been profitable.
Each year in the past 5 years DHL had a positive operating cash flow.
1.2 Ratios
The Return On Assets of DHL (5.15%) is better than 73.33% of its industry peers.
DHL's Return On Equity of 16.43% is fine compared to the rest of the industry. DHL outperforms 66.67% of its industry peers.
With a decent Return On Invested Capital value of 9.06%, DHL is doing good in the industry, outperforming 80.00% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for DHL is in line with the industry average of 8.69%.
| 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
With a decent Profit Margin value of 4.24%, DHL is doing good in the industry, outperforming 73.33% of the companies in the same industry.
DHL's Profit Margin has been stable in the last couple of years.
DHL has a better Operating Margin (7.27%) than 80.00% of its industry peers.
DHL's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 50.49%, DHL is doing good in the industry, outperforming 66.67% of the companies in the same industry.
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 | 7.27% | ||
| 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so DHL is still creating some value.
Compared to 1 year ago, DHL has less shares outstanding
Compared to 5 years ago, DHL has less shares outstanding
Compared to 1 year ago, DHL has a worse debt to assets ratio.
2.2 Solvency
DHL has an Altman-Z score of 2.47. This is not the best score and indicates that DHL is in the grey zone with still only limited risk for bankruptcy at the moment.
DHL has a better Altman-Z score (2.47) than 80.00% 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.
With a decent Debt to FCF ratio value of 3.91, DHL is doing good in the industry, outperforming 66.67% of the companies in the same industry.
DHL has a Debt/Equity ratio of 0.94. This is a neutral value indicating DHL is somewhat dependend on debt financing.
DHL has a Debt to Equity ratio of 0.94. This is in the better half of the industry: DHL outperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.94 | ||
| Debt/FCF | 3.91 | ||
| Altman-Z | 2.47 |
ROIC/WACC1.55
WACC5.83%
2.3 Liquidity
A Current Ratio of 0.92 indicates that DHL may have some problems paying its short term obligations.
The Current ratio of DHL (0.92) is comparable to the rest of the industry.
A Quick Ratio of 0.87 indicates that DHL may have some problems paying its short term obligations.
DHL's Quick ratio of 0.87 is in line compared to the rest of the industry. DHL outperforms 46.67% 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.
The Earnings Per Share has been growing slightly by 6.10% on average over the past years.
DHL shows a small growth in Revenue. In the last year, the Revenue has grown by 0.77%.
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
Based on estimates for the next years, DHL will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.88% on average per year.
The Revenue is expected to grow by 3.11% on average over the next years.
EPS Next Y6.98%
EPS Next 2Y8.59%
EPS Next 3Y9.23%
EPS Next 5Y8.88%
Revenue Next Year-0.68%
Revenue Next 2Y0.91%
Revenue Next 3Y1.86%
Revenue Next 5Y3.11%
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 13.96, the valuation of DHL can be described as correct.
Based on the Price/Earnings ratio, DHL is valued a bit cheaper than 66.67% of the companies in the same industry.
DHL's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.47.
Based on the Price/Forward Earnings ratio of 12.98, the valuation of DHL can be described as correct.
Compared to the rest of the industry, the Price/Forward Earnings ratio of DHL is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.42, DHL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.96 | ||
| Fwd PE | 12.98 |
4.2 Price Multiples
DHL's Enterprise Value to EBITDA ratio is in line with the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of DHL is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.68 | ||
| EV/EBITDA | 6.64 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of DHL may justify a higher PE ratio.
PEG (NY)2
PEG (5Y)2.29
EPS Next 2Y8.59%
EPS Next 3Y9.23%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.35%, DHL is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.01, DHL pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.41, DHL pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.35% |
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 (11/21/2025, 7:00:00 PM)
43
+0.48 (+1.13%)
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 Cap51.60B
Revenue(TTM)83.47B
Net Income(TTM)3.54B
Analysts72.31
Price Target45 (4.65%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.35% |
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)2.31%
EPS NQ rev (3m)3.01%
EPS NY rev (1m)-1.16%
EPS NY rev (3m)-1.91%
Revenue NQ rev (1m)0.18%
Revenue NQ rev (3m)-0.64%
Revenue NY rev (1m)-0.15%
Revenue NY rev (3m)-0.94%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.96 | ||
| Fwd PE | 12.98 | ||
| P/S | 0.62 | ||
| P/FCF | 7.68 | ||
| P/OCF | 5.39 | ||
| P/B | 2.4 | ||
| P/tB | 7.33 | ||
| EV/EBITDA | 6.64 |
EPS(TTM)3.08
EY7.16%
EPS(NY)3.31
Fwd EY7.71%
FCF(TTM)5.6
FCFY13.03%
OCF(TTM)7.97
OCFY18.54%
SpS69.56
BVpS17.95
TBVpS5.86
PEG (NY)2
PEG (5Y)2.29
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 | 2.47 |
F-Score7
WACC5.83%
ROIC/WACC1.55
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 5Y8.88%
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 5Y3.11%
EBIT growth 1Y10.55%
EBIT growth 3Y-10.08%
EBIT growth 5Y9.34%
EBIT Next Year85.46%
EBIT Next 3Y27.11%
EBIT Next 5Y17.7%
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 4 / 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 6 / 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%.