Logo image of PNL.AS

POSTNL NV (PNL.AS) Stock Fundamental Analysis

Europe - AMS:PNL - NL0009739416 - Common Stock

1.006 EUR
0 (-0.49%)
Last: 10/15/2025, 5:35:15 PM
Fundamental Rating

3

Overall PNL gets a fundamental rating of 3 out of 10. We evaluated PNL against 15 industry peers in the Air Freight & Logistics industry. Both the profitability and financial health of PNL have multiple concerns. While showing a medium growth rate, PNL is valued expensive at the moment.


Dividend Valuation Growth Profitability Health

2

1. Profitability

1.1 Basic Checks

In the past year PNL has reported negative net income.
PNL had a positive operating cash flow in the past year.
Of the past 5 years PNL 4 years were profitable.
Each year in the past 5 years PNL had a positive operating cash flow.
PNL.AS Yearly Net Income VS EBIT VS OCF VS FCFPNL.AS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -500M

1.2 Ratios

With a Return On Assets value of -0.72%, PNL is not doing good in the industry: 73.33% of the companies in the same industry are doing better.
The Return On Equity of PNL (-9.93%) is worse than 80.00% of its industry peers.
Industry RankSector Rank
ROA -0.72%
ROE -9.93%
ROIC N/A
ROA(3y)-13.79%
ROA(5y)-4.27%
ROE(3y)-174.94%
ROE(5y)-72.71%
ROIC(3y)N/A
ROIC(5y)N/A
PNL.AS Yearly ROA, ROE, ROICPNL.AS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200 -200 400 -400

1.3 Margins

In the last couple of years the Profit Margin of PNL has grown nicely.
PNL's Operating Margin has declined in the last couple of years.
PNL has a worse Gross Margin (45.02%) than 60.00% of its industry peers.
In the last couple of years the Gross Margin of PNL has declined.
The Profit Margin and Operating Margin are not available for PNL so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 45.02%
OM growth 3Y-51.43%
OM growth 5Y-28.55%
PM growth 3Y-58.69%
PM growth 5Y30.03%
GM growth 3Y-2.35%
GM growth 5Y-2.11%
PNL.AS Yearly Profit, Operating, Gross MarginsPNL.AS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40

2

2. Health

2.1 Basic Checks

PNL does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, PNL has more shares outstanding
The number of shares outstanding for PNL has been increased compared to 5 years ago.
Compared to 1 year ago, PNL has an improved debt to assets ratio.
PNL.AS Yearly Shares OutstandingPNL.AS Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M 500M
PNL.AS Yearly Total Debt VS Total AssetsPNL.AS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B

2.2 Solvency

PNL has an Altman-Z score of 1.72. This is a bad value and indicates that PNL is not financially healthy and even has some risk of bankruptcy.
PNL has a Altman-Z score (1.72) which is comparable to the rest of the industry.
The Debt to FCF ratio of PNL is 62.56, which is on the high side as it means it would take PNL, 62.56 years of fcf income to pay off all of its debts.
PNL has a worse Debt to FCF ratio (62.56) than 66.67% of its industry peers.
PNL has a Debt/Equity ratio of 6.04. This is a high value indicating a heavy dependency on external financing.
PNL has a Debt to Equity ratio of 6.04. This is in the lower half of the industry: PNL underperforms 73.33% of its industry peers.
Industry RankSector Rank
Debt/Equity 6.04
Debt/FCF 62.56
Altman-Z 1.72
ROIC/WACCN/A
WACC4.67%
PNL.AS Yearly LT Debt VS Equity VS FCFPNL.AS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M 400M 600M 800M

2.3 Liquidity

PNL has a Current Ratio of 1.08. This is a normal value and indicates that PNL is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.08, PNL is in line with its industry, outperforming 53.33% of the companies in the same industry.
A Quick Ratio of 1.07 indicates that PNL should not have too much problems paying its short term obligations.
PNL has a Quick ratio of 1.07. This is comparable to the rest of the industry: PNL outperforms 60.00% of its industry peers.
Industry RankSector Rank
Current Ratio 1.08
Quick Ratio 1.07
PNL.AS Yearly Current Assets VS Current LiabilitesPNL.AS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

4

3. Growth

3.1 Past

The earnings per share for PNL have decreased strongly by -156.60% in the last year.
Measured over the past years, PNL shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -58.36% on average per year.
PNL shows a small growth in Revenue. In the last year, the Revenue has grown by 3.47%.
The Revenue has been growing slightly by 2.72% on average over the past years.
EPS 1Y (TTM)-156.6%
EPS 3Y-58.36%
EPS 5YN/A
EPS Q2Q%-354.46%
Revenue 1Y (TTM)3.47%
Revenue growth 3Y-2.1%
Revenue growth 5Y2.72%
Sales Q2Q%1.51%

3.2 Future

The Earnings Per Share is expected to grow by 32.70% on average over the next years. This is a very strong growth
Based on estimates for the next years, PNL will show a small growth in Revenue. The Revenue will grow by 3.56% on average per year.
EPS Next Y-7.05%
EPS Next 2Y3.5%
EPS Next 3Y4.49%
EPS Next 5Y32.7%
Revenue Next Year2.3%
Revenue Next 2Y2.38%
Revenue Next 3Y2.6%
Revenue Next 5Y3.56%

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 accelerating: in the next years the growth will be better than in the last years.
PNL.AS Yearly Revenue VS EstimatesPNL.AS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 1B 2B 3B 4B
PNL.AS Yearly EPS VS EstimatesPNL.AS Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0.1 0.2 0.3 0.4 0.5

2

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for PNL. In the last year negative earnings were reported.
PNL is valuated correctly with a Price/Forward Earnings ratio of 12.48.
The rest of the industry has a similar Price/Forward Earnings ratio as PNL.
PNL is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.99, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE N/A
Fwd PE 12.48
PNL.AS Price Earnings VS Forward Price EarningsPNL.AS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 -20

4.2 Price Multiples

PNL's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. PNL is cheaper than 86.67% of the companies in the same industry.
60.00% of the companies in the same industry are cheaper than PNL, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 31.98
EV/EBITDA 3.61
PNL.AS Per share dataPNL.AS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4 6

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y3.5%
EPS Next 3Y4.49%

5

5. Dividend

5.1 Amount

PNL has a Yearly Dividend Yield of 6.62%, which is a nice return.
PNL's Dividend Yield is rather good when compared to the industry average which is at 3.83. PNL pays more dividend than 93.33% of the companies in the same industry.
PNL's Dividend Yield is rather good when compared to the S&P500 average which is at 2.43.
Industry RankSector Rank
Dividend Yield 6.62%

5.2 History

The dividend of PNL decreases each year by -21.41%.
Dividend Growth(5Y)-21.41%
Div Incr Years0
Div Non Decr Years0
PNL.AS Yearly Dividends per sharePNL.AS Yearly Dividends per shareYearly Dividends per share 2018 2019 2021 2022 2023 2024 2025 0.1 0.2 0.3 0.4

5.3 Sustainability

The earnings of PNL are negative and hence is the payout ratio. PNL will probably not be able to sustain this dividend level.
DP-173.33%
EPS Next 2Y3.5%
EPS Next 3Y4.49%
PNL.AS Yearly Income VS Free CF VS DividendPNL.AS Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M -400M -600M -800M

POSTNL NV

AMS:PNL (10/15/2025, 5:35:15 PM)

1.006

0 (-0.49%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryAir Freight & Logistics
Earnings (Last)08-04 2025-08-04
Earnings (Next)11-03 2025-11-03
Inst Owners20.37%
Inst Owner ChangeN/A
Ins Owners5.04%
Ins Owner ChangeN/A
Market Cap511.73M
Analysts46.67
Price Target0.99 (-1.59%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 6.62%
Yearly Dividend0.04
Dividend Growth(5Y)-21.41%
DP-173.33%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-1.11%
Min Revenue beat(2)-1.77%
Max Revenue beat(2)-0.45%
Revenue beat(4)1
Avg Revenue beat(4)-0.68%
Min Revenue beat(4)-1.77%
Max Revenue beat(4)0.57%
Revenue beat(8)1
Avg Revenue beat(8)-1.88%
Revenue beat(12)3
Avg Revenue beat(12)-1.53%
Revenue beat(16)3
Avg Revenue beat(16)-2.47%
PT rev (1m)3.54%
PT rev (3m)3.88%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)13.21%
EPS NY rev (3m)-10.51%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-0.09%
Revenue NY rev (3m)-0.21%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 12.48
P/S 0.16
P/FCF 31.98
P/OCF 4.49
P/B 3.39
P/tB N/A
EV/EBITDA 3.61
EPS(TTM)-0.03
EYN/A
EPS(NY)0.08
Fwd EY8.01%
FCF(TTM)0.03
FCFY3.13%
OCF(TTM)0.22
OCFY22.28%
SpS6.45
BVpS0.3
TBVpS-0.43
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -0.72%
ROE -9.93%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 45.02%
FCFM 0.49%
ROA(3y)-13.79%
ROA(5y)-4.27%
ROE(3y)-174.94%
ROE(5y)-72.71%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)5.95%
ROCE(5y)11.29%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-51.43%
OM growth 5Y-28.55%
PM growth 3Y-58.69%
PM growth 5Y30.03%
GM growth 3Y-2.35%
GM growth 5Y-2.11%
F-Score4
Asset Turnover1.57
Health
Industry RankSector Rank
Debt/Equity 6.04
Debt/FCF 62.56
Debt/EBITDA 3.93
Cap/Depr 42.24%
Cap/Sales 2.99%
Interest Coverage N/A
Cash Conversion 49.14%
Profit Quality N/A
Current Ratio 1.08
Quick Ratio 1.07
Altman-Z 1.72
F-Score4
WACC4.67%
ROIC/WACCN/A
Cap/Depr(3y)70.95%
Cap/Depr(5y)70.88%
Cap/Sales(3y)3.82%
Cap/Sales(5y)3.58%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-156.6%
EPS 3Y-58.36%
EPS 5YN/A
EPS Q2Q%-354.46%
EPS Next Y-7.05%
EPS Next 2Y3.5%
EPS Next 3Y4.49%
EPS Next 5Y32.7%
Revenue 1Y (TTM)3.47%
Revenue growth 3Y-2.1%
Revenue growth 5Y2.72%
Sales Q2Q%1.51%
Revenue Next Year2.3%
Revenue Next 2Y2.38%
Revenue Next 3Y2.6%
Revenue Next 5Y3.56%
EBIT growth 1Y-100%
EBIT growth 3Y-52.45%
EBIT growth 5Y-26.61%
EBIT Next Year305.58%
EBIT Next 3Y65.34%
EBIT Next 5YN/A
FCF growth 1Y166.67%
FCF growth 3Y-40.88%
FCF growth 5Y-14.61%
OCF growth 1Y-20.83%
OCF growth 3Y-29.14%
OCF growth 5Y-4.96%