Executive Summary
Delivery Hero SE offers online food ordering and delivery services. More Details
Rewards
Risk Analysis
Currently unprofitable and not forecast to become profitable over the next 3 years
Snowflake Analysis
Slightly overvalued with limited growth.
Similar Companies
Share Price & News
How has Delivery Hero's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DHER is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: DHER's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
7.2%
DHER
5.1%
DE Online Retail
1.4%
DE Market
1 Year Return
85.5%
DHER
108.8%
DE Online Retail
43.3%
DE Market
Return vs Industry: DHER underperformed the German Online Retail industry which returned 104.5% over the past year.
Return vs Market: DHER exceeded the German Market which returned 45.4% over the past year.
Shareholder returns
| DHER | Industry | Market | |
|---|---|---|---|
| 7 Day | 7.2% | 5.1% | 1.4% |
| 30 Day | 22.9% | 12.3% | 5.4% |
| 90 Day | 1.2% | 5.5% | 11.4% |
| 1 Year | 85.5%85.5% | 109.2%108.8% | 47.7%43.3% |
| 3 Year | 230.0%230.0% | 152.9%156.0% | 28.3%17.8% |
| 5 Year | n/a | 122.2%117.4% | 55.3%33.8% |
Long-Term Price Volatility Vs. Market
How volatile is Delivery Hero's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
What Kind Of Shareholders Own Delivery Hero SE (ETR:DHER)?2 months ago | Simply Wall St
Is Delivery Hero's (ETR:DHER) Share Price Gain Of 280% Well Earned?4 months ago | Simply Wall St
Health Check: How Prudently Does Delivery Hero (ETR:DHER) Use Debt?Valuation
Is Delivery Hero 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: DHER (€127) is trading below our estimate of fair value (€281.05)
Significantly Below Fair Value: DHER is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: DHER is unprofitable, so we can't compare its PE Ratio to the DE Online Retail industry average.
PE vs Market: DHER is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate DHER's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: DHER is overvalued based on its PB Ratio (12.1x) compared to the DE Online Retail industry average (7.9x).
Future Growth
How is Delivery Hero forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
37.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DHER is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: DHER is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: DHER is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: DHER's revenue (46.3% per year) is forecast to grow faster than the German market (5.9% per year).
High Growth Revenue: DHER's revenue (46.3% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DHER is forecast to be unprofitable in 3 years.
Past Performance
How has Delivery Hero performed over the past 5 years?
-36.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DHER is currently unprofitable.
Growing Profit Margin: DHER is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: DHER is unprofitable, and losses have increased over the past 5 years at a rate of 36.2% per year.
Accelerating Growth: Unable to compare DHER's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: DHER is unprofitable, making it difficult to compare its past year earnings growth to the Online Retail industry (68.2%).
Return on Equity
High ROE: DHER has a negative Return on Equity (-44.11%), as it is currently unprofitable.
Financial Health
How is Delivery Hero's financial position?
Financial Position Analysis
Short Term Liabilities: DHER's short term assets (€2.9B) exceed its short term liabilities (€815.5M).
Long Term Liabilities: DHER's short term assets (€2.9B) exceed its long term liabilities (€1.8B).
Debt to Equity History and Analysis
Debt Level: DHER's debt to equity ratio (77.3%) is considered high.
Reducing Debt: DHER's debt to equity ratio has increased from 0.08% to 77.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if DHER has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if DHER has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Dividend
What is Delivery Hero current dividend yield, its reliability and sustainability?
0.14%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DHER's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate DHER's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if DHER's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DHER's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of DHER's dividend in 3 years as they are not forecast to pay a notable one for the German market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.7yrs
Average management tenure
CEO
L. Ostberg (40 yo)
8.42yrs
Tenure
€22,376,000
Compensation
Mr. L. Niklas Ostberg serves as Member of Global Advisory Board at Delivery Hero SE since 2021. He co-founded Delivery Hero SE (formerly Delivery Hero Holding GmbH) in 2010 and has been its Chief Executive...
CEO Compensation Analysis
Compensation vs Market: L.'s total compensation ($USD26.77M) is above average for companies of similar size in the German market ($USD5.24M).
Compensation vs Earnings: L.'s compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: DHER's management team is seasoned and experienced (5.7 years average tenure).
Board Members
Experienced Board: DHER's board of directors are not considered experienced ( 0.8 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 been diluted in the past year, with total shares outstanding growing by 5.8%.
Top Shareholders
Company Information
Delivery Hero SE's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Delivery Hero SE
- Ticker: DHER
- Exchange: XTRA
- Founded: 2011
- Industry: Internet and Direct Marketing Retail
- Sector: Retail
- Market Cap: €25.153b
- Shares outstanding: 209.18m
- Website: https://www.deliveryhero.com
Number of Employees
Location
- Delivery Hero SE
- Oranienburger Strasse 70
- Berlin
- Berlin
- 10117
- Germany
Listings
Biography
Delivery Hero SE offers online food ordering and delivery services. It operates in 44 countries in Europe, the Middle East, North Africa, Asia, and the Americas. Delivery Hero SE has a strategic partnershi...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/16 19:42 |
| End of Day Share Price | 2021/04/16 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.