Deutsche Post Valuation

Is DHL undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of DHL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: DHL (€34.94) is trading below our estimate of fair value (€82.79)

Significantly Below Fair Value: DHL is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for DHL?

Key metric: As DHL is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for DHL. This is calculated by dividing DHL's market cap by their current earnings.
What is DHL's PE Ratio?
PE Ratio12.4x
Earnings€3.22b
Market Cap€39.83b

Price to Earnings Ratio vs Peers

How does DHL's PE Ratio compare to its peers?

The above table shows the PE ratio for DHL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average24.2x
SPDY Speedy AD
25.6xn/aлв1.1b
DSV DSV
32.3x10.0%DKK 349.2b
FDX FedEx
18.3x10.8%US$74.1b
002352 S.F. Holding
20.5x13.0%CN¥196.9b
DHL Deutsche Post
12.4x9.0%€39.8b

Price-To-Earnings vs Peers: DHL is good value based on its Price-To-Earnings Ratio (12.4x) compared to the peer average (24.2x).


Price to Earnings Ratio vs Industry

How does DHL's PE Ratio compare vs other companies in the European Logistics Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
DHL 12.4xIndustry Avg. 13.4xNo. of Companies6PE0816243240+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: DHL is good value based on its Price-To-Earnings Ratio (12.4x) compared to the European Logistics industry average (13.4x).


Price to Earnings Ratio vs Fair Ratio

What is DHL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

DHL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.4x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate DHL's Price-To-Earnings Fair Ratio for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst DHL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
€42.41
0%
10.6%€50.00€36.00n/a17
Nov ’25€36.93
€43.24
+17.1%
10.4%€50.00€36.00n/a17
Oct ’25€39.50
€43.77
+10.8%
11.1%€51.00€36.00n/a16
Sep ’25n/a
€43.88
0%
10.0%€51.00€36.00n/a15
Aug ’25€39.56
€44.88
+13.5%
7.3%€51.00€40.00n/a15
Jul ’25n/a
€45.08
0%
7.8%€52.00€40.00n/a15
Jun ’25n/a
€45.08
0%
7.8%€52.00€40.00n/a15
May ’25€38.09
€46.30
+21.6%
9.2%€55.00€40.00n/a14
Apr ’25n/a
€45.83
0%
10.8%€55.00€37.40n/a14
Mar ’25€42.91
€48.75
+13.6%
11.1%€59.00€41.00n/a15
Feb ’25n/a
€48.28
0%
11.0%€59.00€41.00n/a15
Jan ’25n/a
€48.28
0%
11.5%€62.00€41.00n/a15
Dec ’24€43.84
€46.50
+6.1%
12.7%€62.00€34.80n/a15
Nov ’24n/a
€47.61
0%
12.2%€62.00€36.40€36.9315
Oct ’24€38.04
€48.09
+26.4%
14.1%€63.00€36.40€39.5015
Sep ’24n/a
€49.21
0%
14.2%€63.00€37.10n/a15
Aug ’24€46.79
€48.91
+4.5%
15.0%€63.00€37.10€39.5615
Jul ’24€44.24
€48.68
+10.0%
15.4%€63.00€36.70n/a15
Jun ’24€42.12
€48.53
+15.2%
14.9%€63.00€38.50n/a15
May ’24€43.32
€47.67
+10.0%
14.4%€64.00€38.00€38.0915
Apr ’24n/a
€46.31
0%
18.3%€64.00€25.90n/a16
Mar ’24n/a
€46.09
0%
20.1%€64.00€25.90€42.9116
Feb ’24€40.58
€46.96
+15.7%
18.1%€64.00€25.90n/a16
Jan ’24n/a
€47.75
0%
19.0%€64.00€25.90n/a17
Dec ’23n/a
€49.16
0%
19.9%€64.00€25.90€43.8417
Nov ’23n/a
€51.15
0%
22.1%€74.00€25.90n/a17

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


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