DHL GROUP (DHL.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:DHL - DE0005552004 - Common Stock
48.38 EUR
+0.3 (+0.62%)
Taking everything into account, DHL scores 5 out of 10 in our fundamental rating. DHL was compared to 18 industry peers in the Air Freight & Logistics industry. Both the profitability and the financial health of DHL get a neutral evaluation. Nothing too spectacular is happening here. 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.
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 has a Return On Assets of 5.15%. This is in the better half of the industry: DHL outperforms 61.11% of its industry peers.
With a Return On Equity value of 16.43%, DHL perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 9.06%, DHL is in the better half of the industry, outperforming 61.11% 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 10.53%.
| 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
Looking at the Profit Margin, with a value of 4.24%, DHL is in line with its industry, outperforming 55.56% of the companies in the same industry.
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 61.11% of the companies in the same industry.
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 61.11% 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.
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 2.52. 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 Altman-Z score of 2.52. This is comparable to the rest of the industry: DHL outperforms 50.00% of its industry peers.
DHL has a debt to FCF ratio of 3.91. This is a good value and a sign of high solvency as DHL would need 3.91 years to pay back of 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 72.22% 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 61.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.94 | ||
| Debt/FCF | 3.91 | ||
| Altman-Z | 2.52 |
ROIC/WACC1.53
WACC5.93%
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 of 0.92. This is in the lower half of the industry: DHL underperforms 61.11% of its industry peers.
A Quick Ratio of 0.87 indicates that DHL may have some problems paying its short term obligations.
With a Quick ratio value of 0.87, DHL perfoms like the industry average, outperforming 44.44% of the companies in the same industry.
| 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.
DHL shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.10% yearly.
The Revenue has been growing slightly by 0.77% in the past 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
The Earnings Per Share is expected to grow by 8.48% on average over the next years. This is quite good.
Based on estimates for the next years, DHL will show a small growth in Revenue. The Revenue will grow by 2.55% on average per year.
EPS Next Y9.57%
EPS Next 2Y9.47%
EPS Next 3Y9.84%
EPS Next 5Y8.48%
Revenue Next Year-0.97%
Revenue Next 2Y0.63%
Revenue Next 3Y1.69%
Revenue Next 5Y2.55%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
DHL is valuated correctly with a Price/Earnings ratio of 15.71.
Based on the Price/Earnings ratio, DHL is valued a bit cheaper than the industry average as 61.11% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 27.25, DHL is valued a bit cheaper.
A Price/Forward Earnings ratio of 14.37 indicates a correct valuation of DHL.
Compared to the rest of the industry, the Price/Forward Earnings ratio of DHL indicates a somewhat cheap valuation: DHL is cheaper than 61.11% of the companies listed in the same industry.
DHL is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.98, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.71 | ||
| Fwd PE | 14.37 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of DHL indicates a somewhat cheap valuation: DHL is cheaper than 72.22% of the companies listed in the same industry.
DHL's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. DHL is cheaper than 77.78% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.28 | ||
| EV/EBITDA | 6.98 |
4.3 Compensation for Growth
DHL's 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)1.64
PEG (5Y)2.58
EPS Next 2Y9.47%
EPS Next 3Y9.84%
5. Dividend
5.1 Amount
DHL has a Yearly Dividend Yield of 3.85%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.08, 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 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.85% |
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
DHL pays out 60.01% of its income as dividend. 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 2Y9.47%
EPS Next 3Y9.84%
FRA:DHL (1/12/2026, 5:35:15 PM)
48.38
+0.3 (+0.62%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryAir Freight & Logistics
Earnings (Last)
Earnings (Next)
Inst Owners38.62%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap55.64B
Revenue(TTM)83.47B
Net Income(TTM)3.54B
Analysts70.77
Price Target45.84 (-5.25%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.85% |
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)0.65%
PT rev (3m)4.31%
EPS NQ rev (1m)0.6%
EPS NQ rev (3m)5.66%
EPS NY rev (1m)0.1%
EPS NY rev (3m)1.23%
Revenue NQ rev (1m)0.5%
Revenue NQ rev (3m)-0.05%
Revenue NY rev (1m)-0.01%
Revenue NY rev (3m)-0.43%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.71 | ||
| Fwd PE | 14.37 | ||
| P/S | 0.67 | ||
| P/FCF | 8.28 | ||
| P/OCF | 5.82 | ||
| P/B | 2.58 | ||
| P/tB | 7.91 | ||
| EV/EBITDA | 6.98 |
EPS(TTM)3.08
EY6.37%
EPS(NY)3.37
Fwd EY6.96%
FCF(TTM)5.84
FCFY12.08%
OCF(TTM)8.32
OCFY17.2%
SpS72.58
BVpS18.73
TBVpS6.12
PEG (NY)1.64
PEG (5Y)2.58
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 | 2.52 |
F-Score7
WACC5.93%
ROIC/WACC1.53
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 Y9.57%
EPS Next 2Y9.47%
EPS Next 3Y9.84%
EPS Next 5Y8.48%
Revenue 1Y (TTM)0.77%
Revenue growth 3Y0.98%
Revenue growth 5Y5.85%
Sales Q2Q%-2.25%
Revenue Next Year-0.97%
Revenue Next 2Y0.63%
Revenue Next 3Y1.69%
Revenue Next 5Y2.55%
EBIT growth 1Y10.55%
EBIT growth 3Y-10.08%
EBIT growth 5Y9.34%
EBIT Next Year86.35%
EBIT Next 3Y27%
EBIT Next 5Y16.91%
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
Can you provide the ChartMill fundamental rating for DHL GROUP?
ChartMill assigns a fundamental rating of 5 / 10 to DHL.DE.
What is the valuation status for DHL 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.
Can you provide the PE and PB ratios for DHL stock?
The Price/Earnings (PE) ratio for DHL GROUP (DHL.DE) is 15.71 and the Price/Book (PB) ratio is 2.58.
How financially healthy is DHL GROUP?
The financial health rating of DHL GROUP (DHL.DE) is 4 / 10.