Koninklijke Ahold Delhaize
Market Cap
€24.4b
Last Updated
2020/01/26 22:15 UTC
Data Sources
Company Financials +
Executive Summary
Koninklijke Ahold Delhaize N.V. operates retail food stores primarily in the United States and Europe.
Rewards
Risk Analysis
Snowflake Analysis
Good value average dividend payer.
Similar Companies
Share Price & News
How has Koninklijke Ahold Delhaize's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AD has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-1.2%
AD
0.2%
AT Consumer Retailing
-0.8%
AT Market
1 Year Return
-5.0%
AD
0.6%
AT Consumer Retailing
4.0%
AT Market
Return vs Industry: AD underperformed the Austrian Consumer Retailing industry which returned 4.8% over the past year.
Return vs Market: AD underperformed the Austrian Market which returned 9.1% over the past year.
Shareholder returns
| AD | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.2% | 0.2% | -0.8% |
| 30 Day | -2.0% | -1.8% | -1.6% |
| 90 Day | -1.1% | 0.5% | -1.2% |
| 1 Year | -0.5%-5.0% | 4.6%0.6% | 7.7%4.0% |
| 3 Year | n/a | 2.7%-7.5% | 29.3%17.5% |
| 5 Year | n/a | 14.5%-3.2% | 69.7%46.0% |
Price Volatility Vs. Market
How volatile is Koninklijke Ahold Delhaize's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Koninklijke Ahold Delhaize undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AD (€22.3) is trading below our estimate of fair value (€48.42)
Significantly Below Fair Value: AD is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AD is good value based on its PE Ratio (14.3x) compared to the Consumer Retailing industry average (19.2x).
PE vs Market: AD is good value based on its PE Ratio (14.3x) compared to the Austrian market (14.7x).
Price to Earnings Growth Ratio
PEG Ratio: AD is poor value based on its PEG Ratio (3.8x)
Price to Book Ratio
PB vs Industry: AD is overvalued based on its PB Ratio (1.8x) compared to the XE Consumer Retailing industry average (1.6x).
Next Steps
Future Growth
How is Koninklijke Ahold Delhaize forecast to perform in the next 1 to 3 years based on estimates from 22 analysts?
3.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AD's forecast earnings growth (3.8% per year) is above the savings rate (-0.1%).
Earnings vs Market: AD's earnings (3.8% per year) are forecast to grow slower than the Austrian market (8.8% per year).
High Growth Earnings: AD's earnings are forecast to grow, but not significantly.
Revenue vs Market: AD's revenue (2.9% per year) is forecast to grow faster than the Austrian market (2.5% per year).
High Growth Revenue: AD's revenue (2.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AD's Return on Equity is forecast to be low in 3 years time (13.1%).
Next Steps
Past Performance
How has Koninklijke Ahold Delhaize performed over the past 5 years?
22.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AD has high quality earnings.
Growing Profit Margin: AD's current net profit margins (2.7%) are lower than last year (3.3%).
Past Earnings Growth Analysis
Earnings Trend: AD's earnings have grown significantly by 22.6% per year over the past 5 years.
Accelerating Growth: AD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AD had negative earnings growth (-14.2%) over the past year, making it difficult to compare to the Consumer Retailing industry average (0.5%).
Return on Equity
High ROE: AD's Return on Equity (12.5%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Koninklijke Ahold Delhaize's financial position?
Financial Position Analysis
Short Term Liabilities: AD's short term assets (€9.3B) do not cover its short term liabilities (€12.4B).
Long Term Liabilities: AD's short term assets (€9.3B) do not cover its long term liabilities (€15.0B).
Debt to Equity History and Analysis
Debt Level: AD's debt to equity ratio (45.6%) is considered high.
Reducing Debt: AD's debt to equity ratio has increased from 44.6% to 45.6% over the past 5 years.
Debt Coverage: AD's debt is well covered by operating cash flow (65.2%).
Interest Coverage: AD's interest payments on its debt are well covered by EBIT (10.4x coverage).
Balance Sheet
Inventory Level: AD has a high level of physical assets or inventory.
Debt Coverage by Assets: AD's debt is covered by short term assets (assets are 1.5x debt).
Next Steps
Dividend
What is Koninklijke Ahold Delhaize's current dividend yield, its reliability and sustainability?
2.67%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: AD's dividend (2.69%) is higher than the bottom 25% of dividend payers in the Austrian market (1.6%).
High Dividend: AD's dividend (2.69%) is low compared to the top 25% of dividend payers in the Austrian market (4.17%).
Stability and Growth of Payments
Stable Dividend: AD's dividend payments have been volatile in the past 10 years.
Growing Dividend: AD's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (64.1%), AD's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: AD's dividends in 3 years are forecast to be well covered by earnings (49.2% payout ratio).
Next Steps
Management
What is the CEO of Koninklijke Ahold Delhaize's salary, the management and board of directors tenure and is there insider trading?
3.5yrs
Average management tenure
CEO
Frans W. Muller (58yo)
1.5yrs
Tenure
€4,989,000
Compensation
Mr. Frans W. H. Muller has been the Chief Executive Officer of Koninklijke Ahold Delhaize N.V. since July 1, 2018 and its Member of Management Board since July 24, 2016. Mr. Muller serves as a Chairman of ...
CEO Compensation Analysis
Compensation vs Market: Frans W.'s total compensation ($USD5.56M) is above average for companies of similar size in the Austrian market ($USD3.76M).
Compensation vs Earnings: Frans W.'s compensation has been consistent with company performance over the past year.
Management Age and Tenure
3.5yrs
Average Tenure
56.5yo
Average Age
Experienced Management: AD's management team is considered experienced (3.5 years average tenure).
Board Age and Tenure
3.5yrs
Average Tenure
60.5yo
Average Age
Experienced Board: AD's board of directors are considered experienced (3.5 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Financial Officer CFO & Member of Management Board |
| Shares | 50,000 |
| Max Price | €22.60 |
| Entity | Individual |
| Role | Member of Management Board CEO of Ahold Delhaize Europe & Indonesia and Member of Management Board |
| Shares | 17,840 |
| Max Price | €23.06 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Jan Ernst de Groot (56yo)
Chief Legal Officer
- Tenure: 3.5yrs
Jeff Carr (58yo)
CFO & Member of Management Board
- Tenure: 9yrs
- Compensation: €2.86m
Ben Wishart (57yo)
Global Chief Information Officer
- Tenure: 6.6yrs
Frans W. Muller (58yo)
President
- Tenure: 1.5yrs
- Compensation: €4.99m
Henk Jan Brinke
Senior Vice President of Investor Relations
Kevin Holt (61yo)
CEO of Ahold Delhaize USA & Member of Management Board
- Tenure: 3.5yrs
- Compensation: €3.60m
Alvin Concepcion
VP & Head of Investor Relations
Wouter Kolk (53yo)
CEO of Ahold Delhaize Europe & Indonesia and Member of Management Board
- Tenure: 1.8yrs
- Compensation: €1.32m
Abbe Luersman (52yo)
Chief Human Resources Officer
- Tenure: 3.5yrs
Farhan Siddiqi (50yo)
Chief Digital Officer
- Tenure: 1yrs
Board Members
Jan H. Hommen (76yo)
Chairman of Supervisory Board
- Tenure: 1.8yrs
Ben Noteboom (61yo)
Member of Supervisory Board
- Tenure: 3.5yrs
D. Graafland (64yo)
Member of Supervisory Board
- Tenure: 3.5yrs
Jacques de Vaucleroy (58yo)
Vice Chairman of Supervisory Board
- Tenure: 3.5yrs
Mary Citrino (60yo)
Member of Supervisory Board
- Tenure: 3.5yrs
Bill McEwan (63yo)
Vice Chairman of Supervisory Board
- Tenure: 1.8yrs
Dominique Leroy (55yo)
Member of Supervisory Board
- Tenure: 3.5yrs
Katie Doyle (51yo)
Member of Supervisory Board
- Tenure: 0.8yrs
Peter Agnefjäll
Member of Supervisory Board
- Tenure: 0.8yrs
Company Information
Koninklijke Ahold Delhaize N.V.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Koninklijke Ahold Delhaize N.V.
- Ticker: AD
- Exchange: WBAG
- Founded: 1887
- Industry: Food Retail
- Sector: Consumer Retailing
- Market Cap: €24.369b
- Shares outstanding: 1.09b
- Website: https://www.aholddelhaize.com
Number of Employees
Location
- Koninklijke Ahold Delhaize N.V.
- Provincialeweg 11
- Zaandam
- Noord-Holland
- 1506 MA
- Netherlands
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| AHT N | BMV (Bolsa Mexicana de Valores) | EUR0.01 | MX | EUR | No data | |
| AH | ENXTAM (Euronext Amsterdam) | EUR0.01 | NL | EUR | No data | |
| AH | BIT (Borsa Italiana) | EUR0.01 | IT | EUR | No data | |
| ADRN.Y | OTCPK (Pink Sheets LLC) | SPON ADR EACH REP 1 ORD SHS (POST SPLIT) | US | USD | Aug 1988 | |
| AHOD | DB (Deutsche Boerse AG) | SPON ADR EACH REP 1 ORD SHS (POST SPLIT) | DE | EUR | Aug 1988 | |
| AD | BIT (Borsa Italiana) | Yes | Common Shares | IT | EUR | May 1993 |
| AHOD.F | OTCPK (Pink Sheets LLC) | Yes | Common Shares | US | USD | May 1993 |
| ADA | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Common Shares | GB | EUR | May 1993 |
| AD N | BMV (Bolsa Mexicana de Valores) | Yes | Common Shares | MX | MXN | May 1993 |
| AD | WBAG (Wiener Boerse AG) | Yes | Common Shares | AT | EUR | May 1993 |
| AHOG | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | May 1993 |
| AD | ENXTAM (Euronext Amsterdam) | Yes | Common Shares | NL | EUR | May 1993 |
| 0RI8 | LSE (London Stock Exchange) | Yes | Common Shares | GB | EUR | May 1993 |
Biography
Koninklijke Ahold Delhaize N.V. operates retail food stores primarily in the United States and Europe. The company’s store formats include supermarkets, convenience stores, compact hypermarkets, cash and carry, drugstores, hypermarkets, and wine and liquor stores. As of December 30, 2018, it operated 6,769 stores primarily under 19 brands serving approximately 50 million customers, as well as online. The company was formerly known as Koninklijke Ahold N.V. and changed its name to Koninklijke Ahold Delhaize N.V. in July 2016. Koninklijke Ahold Delhaize N.V. was founded in 1887 and is headquartered in Zaandam, the Netherlands.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/01/26 22:15 |
| End of Day Share Price | 2020/01/24 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/30 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.