DHL GROUP (DHL.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:DHL - DE0005552004 - Common Stock
46.44 EUR
+0.67 (+1.46%)
Taking everything into account, DHL scores 5 out of 10 in our fundamental rating. DHL was compared to 19 industry peers in the Air Freight & Logistics industry. DHL has an excellent profitability rating, but 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
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.
Each year in the past 5 years DHL had a positive operating cash flow.
1.2 Ratios
DHL has a Return On Assets of 5.15%. This is in the better half of the industry: DHL outperforms 68.42% of its industry peers.
DHL has a Return On Equity of 16.43%. This is in the better half of the industry: DHL outperforms 63.16% 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 73.68% 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 in line with the industry average of 9.13%.
| 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 has a better Profit Margin (4.24%) than 63.16% of its industry peers.
In the last couple of years the Profit Margin of DHL has remained more or less at the same level.
DHL has a better Operating Margin (7.27%) than 68.42% of its industry peers.
DHL's Operating Margin has improved in the last couple of years.
The Gross Margin of DHL (50.49%) is better than 68.42% of 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 | 7.27% | ||
| 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), DHL is creating some value.
Compared to 1 year ago, DHL has less shares outstanding
The number of shares outstanding for DHL has been reduced compared to 5 years ago.
Compared to 1 year ago, DHL has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.49 indicates that DHL is not a great score, but indicates only limited risk for bankruptcy at the moment.
DHL's Altman-Z score of 2.49 is in line compared to the rest of the industry. DHL outperforms 57.89% 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 has a Debt to FCF ratio of 3.91. This is in the better half of the industry: DHL outperforms 78.95% of its industry peers.
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 68.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.94 | ||
| Debt/FCF | 3.91 | ||
| Altman-Z | 2.49 |
ROIC/WACC1.55
WACC5.85%
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 perfoms like the industry average, outperforming 42.11% of the companies in the same 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.
With a Quick ratio value of 0.87, DHL perfoms like the industry average, outperforming 47.37% 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.
DHL shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.10% yearly.
Looking at the last year, DHL shows a small growth in Revenue. The Revenue has grown by 0.77% in the last year.
The Revenue has been growing slightly by 5.85% on average over the past years.
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 9.22% on average per year.
The Revenue is expected to grow by 2.85% on average over the next years.
EPS Next Y9.46%
EPS Next 2Y9.42%
EPS Next 3Y9.87%
EPS Next 5Y9.22%
Revenue Next Year-0.96%
Revenue Next 2Y0.65%
Revenue Next 3Y1.71%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 15.08, DHL is valued correctly.
Based on the Price/Earnings ratio, DHL is valued a bit cheaper than the industry average as 63.16% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of DHL to the average of the S&P500 Index (26.59), we can say DHL is valued slightly cheaper.
DHL is valuated correctly with a Price/Forward Earnings ratio of 13.80.
Compared to the rest of the industry, the Price/Forward Earnings ratio of DHL is on the same level as its industry peers.
DHL is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.80, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.08 | ||
| Fwd PE | 13.8 |
4.2 Price Multiples
73.68% of the companies in the same industry are more expensive than DHL, based on the Enterprise Value to EBITDA ratio.
73.68% 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 | 7.95 | ||
| EV/EBITDA | 6.74 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
DHL has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.59
PEG (5Y)2.47
EPS Next 2Y9.42%
EPS Next 3Y9.87%
5. Dividend
5.1 Amount
DHL has a Yearly Dividend Yield of 4.06%, which is a nice return.
DHL's Dividend Yield is a higher than the industry average which is at 3.83.
DHL's Dividend Yield is rather good when compared to the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.06% |
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
60.01% of the earnings are spent on dividend by DHL. 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 2Y9.42%
EPS Next 3Y9.87%
FRA:DHL (12/11/2025, 1:09:13 PM)
46.44
+0.67 (+1.46%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryAir Freight & Logistics
Earnings (Last)
Earnings (Next)
Inst Owners37.23%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap53.41B
Revenue(TTM)83.47B
Net Income(TTM)3.54B
Analysts70.77
Price Target45.54 (-1.94%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.06% |
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)3.35%
PT rev (3m)1.78%
EPS NQ rev (1m)4.05%
EPS NQ rev (3m)4.76%
EPS NY rev (1m)2.31%
EPS NY rev (3m)0.36%
Revenue NQ rev (1m)0.23%
Revenue NQ rev (3m)-0.59%
Revenue NY rev (1m)-0.28%
Revenue NY rev (3m)-1.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.08 | ||
| Fwd PE | 13.8 | ||
| P/S | 0.64 | ||
| P/FCF | 7.95 | ||
| P/OCF | 5.58 | ||
| P/B | 2.48 | ||
| P/tB | 7.59 | ||
| EV/EBITDA | 6.74 |
EPS(TTM)3.08
EY6.63%
EPS(NY)3.36
Fwd EY7.24%
FCF(TTM)5.84
FCFY12.58%
OCF(TTM)8.32
OCFY17.91%
SpS72.58
BVpS18.73
TBVpS6.12
PEG (NY)1.59
PEG (5Y)2.47
Graham Number36.03
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 | 2.49 |
F-Score7
WACC5.85%
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 Y9.46%
EPS Next 2Y9.42%
EPS Next 3Y9.87%
EPS Next 5Y9.22%
Revenue 1Y (TTM)0.77%
Revenue growth 3Y0.98%
Revenue growth 5Y5.85%
Sales Q2Q%-2.25%
Revenue Next Year-0.96%
Revenue Next 2Y0.65%
Revenue Next 3Y1.71%
Revenue Next 5Y2.85%
EBIT growth 1Y10.55%
EBIT growth 3Y-10.08%
EBIT growth 5Y9.34%
EBIT Next Year86.23%
EBIT Next 3Y26.96%
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 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%.