DB:AHOD

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Koninklijke Ahold Delhaize

Executive Summary

Koninklijke Ahold Delhaize N.V. operates retail food stores primarily in the United States and Europe. More Details


Snowflake Analysis

Solid track record established 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: AHOD has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

2.5%

AHOD

0.4%

DE Consumer Retailing

-1.6%

DE Market


1 Year Return

8.8%

AHOD

0.8%

DE Consumer Retailing

2.6%

DE Market

Return vs Industry: AHOD exceeded the German Consumer Retailing industry which returned 0.5% over the past year.

Return vs Market: AHOD exceeded the German Market which returned 3.9% over the past year.


Shareholder returns

AHODIndustryMarket
7 Day2.5%0.4%-1.6%
30 Day-1.6%0.09%-0.9%
90 Day-0.8%2.1%-1.1%
1 Year12.4%8.8%4.0%0.8%5.8%2.6%
3 Year69.2%53.5%13.7%1.9%2.8%-6.2%
5 Year65.8%34.7%13.0%-4.7%23.8%6.1%

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?

11.68x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: AHOD (€24.8) is trading above our estimate of fair value (€18.43)

Significantly Below Fair Value: AHOD is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: AHOD is good value based on its PE Ratio (11.7x) compared to the XE Consumer Retailing industry average (21x).

PE vs Market: AHOD is good value based on its PE Ratio (11.7x) compared to the German market (22.7x).


Price to Earnings Growth Ratio

PEG Ratio: AHOD's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: AHOD is overvalued based on its PB Ratio (1.9x) compared to the XE Consumer Retailing industry average (1.7x).


Next Steps

Future Growth

How is Koninklijke Ahold Delhaize forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?

-3.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AHOD's earnings are forecast to decline over the next 3 years (-3.2% per year).

Earnings vs Market: AHOD's earnings are forecast to decline over the next 3 years (-3.2% per year).

High Growth Earnings: AHOD's earnings are forecast to decline over the next 3 years.

Revenue vs Market: AHOD's revenue (0.1% per year) is forecast to grow slower than the German market (6.1% per year).

High Growth Revenue: AHOD's revenue (0.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AHOD's Return on Equity is forecast to be low in 3 years time (13%).


Next Steps

Past Performance

How has Koninklijke Ahold Delhaize performed over the past 5 years?

21.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AHOD has high quality earnings.

Growing Profit Margin: AHOD's current net profit margins (3.3%) are higher than last year (2.7%).


Past Earnings Growth Analysis

Earnings Trend: AHOD's earnings have grown significantly by 21.3% per year over the past 5 years.

Accelerating Growth: AHOD's earnings growth over the past year (32.9%) exceeds its 5-year average (21.3% per year).

Earnings vs Industry: AHOD earnings growth over the past year (32.9%) exceeded the Consumer Retailing industry 2.1%.


Return on Equity

High ROE: AHOD's Return on Equity (16.3%) is considered low.


Next Steps

Financial Health

How is Koninklijke Ahold Delhaize's financial position?


Financial Position Analysis

Short Term Liabilities: AHOD's short term assets (€11.2B) do not cover its short term liabilities (€13.8B).

Long Term Liabilities: AHOD's short term assets (€11.2B) do not cover its long term liabilities (€15.3B).


Debt to Equity History and Analysis

Debt Level: AHOD's debt to equity ratio (46.7%) is considered high.

Reducing Debt: AHOD's debt to equity ratio has increased from 10% to 46.7% over the past 5 years.

Debt Coverage: AHOD's debt is well covered by operating cash flow (104%).

Interest Coverage: AHOD's interest payments on its debt are well covered by EBIT (7.5x coverage).


Balance Sheet


Next Steps

Dividend

What is Koninklijke Ahold Delhaize current dividend yield, its reliability and sustainability?

3.98%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: AHOD's dividend (3.98%) is higher than the bottom 25% of dividend payers in the German market (1.18%).

High Dividend: AHOD's dividend (3.98%) is in the top 25% of dividend payers in the German market (3.71%)


Stability and Growth of Payments

Stable Dividend: AHOD's dividend payments have been volatile in the past 10 years.

Growing Dividend: AHOD's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (44.6%), AHOD's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: AHOD's dividends in 3 years are forecast to be well covered by earnings (46.1% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.5yrs

Average management tenure


CEO

Frans W. Muller (59 yo)

2.25yrs

Tenure

€4,356,000

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 ($USD5.13M) is about average for companies of similar size in the German market ($USD5.21M).

Compensation vs Earnings: Frans W.'s compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Frans W. Muller
President2.25yrs€4.36m0.024%
€ 6.4m
Wouter Kolk
CEO of Ahold Delhaize Europe & Indonesia and Member of Management Board2.5yrs€1.83m0.0039%
€ 1.0m
Kevin Holt
CEO of Ahold Delhaize USA & Member of Management Board4.25yrs€3.71m0.0060%
€ 1.6m
Natalie Knight
CFO & Member of the Management Board0.50yrno datano data
Ben Wishart
Global Chief Information Officer7.33yrsno datano data
Alvin Concepcion
VP & Head of Investor Relationsno datano datano data
Jan Ernst de Groot
Chief Legal Officer4.25yrsno datano data
Abbe Luersman
Chief Human Resources Officer4.25yrsno datano data
Henk Jan Brinke
Senior Vice President of Investor Relationsno datano datano data
Farhan Siddiqi
Chief Digital Officer1.75yrsno datano data
Jan-Willem Dockheer
President of Delhaize Serbia Business Unit0.33yrno datano data

2.5yrs

Average Tenure

55.5yo

Average Age

Experienced Management: AHOD's management team is considered experienced (2.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jan H. Hommen
Independent Chairman of Supervisory Board2.5yrsno data0.0014%
€ 376.1k
Ben Noteboom
Independent Member of Supervisory Board4.25yrsno data0.0015%
€ 392.0k
Helen Weir
Member of Supervisory Board0.50yrno datano data
D. Graafland
Independent Member of Supervisory Board4.25yrsno datano data
Mary Citrino
Independent Member of Supervisory Board4.25yrsno datano data
William McEwan
Independent Vice Chairman of Supervisory Board2.5yrsno data0.00068%
€ 180.1k
Frank van Zanten
Member of Supervisory Board0.50yrno datano data
Dominique Leroy
Independent Member of Supervisory Board4.25yrsno datano data
Katherine Doyle
Independent Member of Supervisory Board1.5yrsno datano data
Peter Agnefjall
Independent Vice Chairman of Supervisory Board0.33yrno data0.00068%
€ 180.1k

2.5yrs

Average Tenure

58.5yo

Average Age

Experienced Board: AHOD's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

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: AHOD
  • Exchange: DB
  • Founded: 1887
  • Industry: Food Retail
  • Sector: Consumer Retailing
  • Market Cap: €26.483b
  • Shares outstanding: 1.05b
  • Website: https://www.aholddelhaize.com

Number of Employees


Location

  • Koninklijke Ahold Delhaize N.V.
  • Provincialeweg 11
  • Zaandam
  • Noord-Holland
  • 1506 MA
  • Netherlands

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ADRN.YOTCPK (Pink Sheets LLC)SPON ADR EACH REP 1 ORD SHS (POST SPLIT)USUSDAug 1988
AHODDB (Deutsche Boerse AG)SPON ADR EACH REP 1 ORD SHS (POST SPLIT)DEEURAug 1988
AHOD.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDMay 1993
ADENXTAM (Euronext Amsterdam)YesCommon SharesNLEURMay 1993
AHOGDB (Deutsche Boerse AG)YesCommon SharesDEEURMay 1993
ADBIT (Borsa Italiana)YesCommon SharesITEURMay 1993
0RI8LSE (London Stock Exchange)YesCommon SharesGBEURMay 1993
ADABATS-CHIXE (BATS 'Chi-X Europe')YesCommon SharesGBEURMay 1993
AD NBMV (Bolsa Mexicana de Valores)YesCommon SharesMXMXNMay 1993
ADWBAG (Wiener Boerse AG)YesCommon SharesATEURMay 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 c ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/19 22:20
End of Day Share Price2020/10/19 00:00
Earnings2020/06/28
Annual Earnings2019/12/29


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.