DHL GROUP (DHL.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:DHL - DE0005552004 - Common Stock
46.59 EUR
+0.01 (+0.02%)
We assign a fundamental rating of 5 out of 10 to DHL. DHL was compared to 17 industry peers in the Air Freight & Logistics industry. DHL has an average financial health and profitability rating. DHL has a decent growth rate and is not valued too expensively.
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.
Each year in the past 5 years DHL had a positive operating cash flow.
1.2 Ratios
DHL's Return On Assets of 5.15% is fine compared to the rest of the industry. DHL outperforms 70.59% of its industry peers.
With a Return On Equity value of 16.43%, DHL perfoms like the industry average, outperforming 58.82% of the companies in the same industry.
With a decent Return On Invested Capital value of 9.06%, DHL is doing good in the industry, outperforming 70.59% 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 9.74%.
| 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 64.71% of its industry peers.
DHL's Profit Margin has been stable in the last couple of years.
The Operating Margin of DHL (7.27%) is better than 70.59% of its industry peers.
In the last couple of years the Operating Margin of DHL has grown nicely.
With a decent Gross Margin value of 50.49%, DHL is doing good in the industry, outperforming 70.59% of the companies in the same industry.
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so DHL is still 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.
Compared to 1 year ago, DHL has a worse debt to assets ratio.
2.2 Solvency
DHL has an Altman-Z score of 2.50. 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.
Looking at the Altman-Z score, with a value of 2.50, DHL is in line with its industry, outperforming 58.82% of the companies in the same industry.
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.
DHL has a better Debt to FCF ratio (3.91) than 76.47% of its industry peers.
A Debt/Equity ratio of 0.94 indicates that DHL is somewhat dependend on debt financing.
The Debt to Equity ratio of DHL (0.94) is better than 64.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.94 | ||
| Debt/FCF | 3.91 | ||
| Altman-Z | 2.5 |
ROIC/WACC1.54
WACC5.89%
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 (0.92) which 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 has a Quick ratio (0.87) which is comparable to the rest of the 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.
The Earnings Per Share has been growing slightly by 6.10% on average over the past years.
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
DHL is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.22% yearly.
Based on estimates for the next years, DHL will show a small growth in Revenue. The Revenue will grow by 2.85% on average per year.
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
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
Based on the Price/Earnings ratio of 15.13, the valuation of DHL can be described as correct.
Based on the Price/Earnings ratio, DHL is valued a bit cheaper than the industry average as 64.71% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 26.59, DHL is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 13.85, the valuation of DHL can be described as correct.
Based on the Price/Forward Earnings ratio, DHL is valued a bit cheaper than the industry average as 70.59% of the companies are valued more expensively.
DHL is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 24.03, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.13 | ||
| Fwd PE | 13.85 |
4.2 Price Multiples
DHL's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. DHL is cheaper than 70.59% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, DHL is valued a bit cheaper than the industry average as 70.59% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.97 | ||
| EV/EBITDA | 6.82 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of DHL may justify a higher PE ratio.
PEG (NY)1.6
PEG (5Y)2.48
EPS Next 2Y9.42%
EPS Next 3Y9.87%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.97%, DHL has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.97, DHL pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 1.87, DHL pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.97% |
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 2Y9.42%
EPS Next 3Y9.87%
FRA:DHL (12/23/2025, 7:00:00 PM)
46.59
+0.01 (+0.02%)
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 Cap53.58B
Revenue(TTM)83.47B
Net Income(TTM)3.54B
Analysts70.77
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.97% |
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)2.91%
EPS NQ rev (3m)6.02%
EPS NY rev (1m)2.31%
EPS NY rev (3m)0.36%
Revenue NQ rev (1m)0.2%
Revenue NQ rev (3m)-0.45%
Revenue NY rev (1m)-0.28%
Revenue NY rev (3m)-0.79%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.13 | ||
| Fwd PE | 13.85 | ||
| P/S | 0.64 | ||
| P/FCF | 7.97 | ||
| P/OCF | 5.6 | ||
| P/B | 2.49 | ||
| P/tB | 7.61 | ||
| EV/EBITDA | 6.82 |
EPS(TTM)3.08
EY6.61%
EPS(NY)3.36
Fwd EY7.22%
FCF(TTM)5.84
FCFY12.54%
OCF(TTM)8.32
OCFY17.86%
SpS72.58
BVpS18.73
TBVpS6.12
PEG (NY)1.6
PEG (5Y)2.48
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 | 2.5 |
F-Score7
WACC5.89%
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 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 5 / 10 and the dividend payout ratio is 60.01%.