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.

Discounted Cash Flow
Simply Wall St
€72.93
Fair Value
46.9% undervalued intrinsic discount
18
Number of Analysts

Below Fair Value: DHL (€38.7) is trading below our estimate of fair value (€72.93)

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 Ratio13.1x
Earnings€3.38b
Market Cap€44.29b

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 Average17.9x
TGHN Logwin
11x-5.75%€708.3m
HLAG Hapag-Lloyd
11.6x-19.88%€29.4b
FDX FedEx
14.1x12.44%US$55.0b
DSV DSV
35.1x19.83%DKK 369.1b
DHL Deutsche Post
13.1x6.73%€44.3b

Price-To-Earnings vs Peers: DHL is good value based on its Price-To-Earnings Ratio (13.1x) compared to the peer average (17.9x).


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 13.1xIndustry Avg. 13.7xNo. of Companies7PE01020304050+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: DHL is good value based on its Price-To-Earnings Ratio (13.1x) compared to the European Logistics industry average (13.7x).


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 Ratio13.1x
Fair PE Ratio16.5x

Price-To-Earnings vs Fair Ratio: DHL is good value based on its Price-To-Earnings Ratio (13.1x) compared to the estimated Fair Price-To-Earnings Ratio (16.5x).


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
Current€38.70
€43.19
+11.61%
12.92%€60.00€33.00n/a18
May ’26€37.85
€43.03
+13.68%
13.24%€60.00€33.00n/a18
Apr ’26€39.69
€44.94
+13.24%
12.69%€60.00€33.00n/a18
Mar ’26€37.62
€41.21
+9.53%
10.39%€50.00€33.00n/a17
Feb ’26€34.69
€41.21
+18.78%
10.39%€50.00€33.00n/a17
Jan ’26€33.99
€41.82
+23.05%
10.11%€50.00€36.00n/a17
Dec ’25€34.71
€42.41
+22.19%
10.59%€50.00€36.00n/a17
Nov ’25€37.43
€43.24
+15.51%
10.42%€50.00€36.00n/a17
Oct ’25€39.05
€43.77
+12.08%
11.06%€51.00€36.00n/a16
Sep ’25€39.26
€43.88
+11.78%
9.97%€51.00€36.00n/a15
Aug ’25€38.53
€44.88
+16.49%
7.34%€51.00€40.00n/a15
Jul ’25€38.48
€45.08
+17.16%
7.81%€52.00€40.00n/a15
Jun ’25€38.70
€45.08
+16.49%
7.81%€52.00€40.00n/a15
May ’25€39.51
€46.30
+17.19%
9.19%€55.00€40.00€37.8514
Apr ’25€39.92
€45.83
+14.82%
10.76%€55.00€37.40€39.6914
Mar ’25€42.42
€48.75
+14.92%
11.09%€59.00€41.00€37.6215
Feb ’25€44.44
€48.28
+8.66%
11.02%€59.00€41.00€34.6915
Jan ’25€44.85
€48.28
+7.66%
11.46%€62.00€41.00€33.9915
Dec ’24€44.00
€46.50
+5.69%
12.74%€62.00€34.80€34.7115
Nov ’24€36.87
€47.61
+29.15%
12.15%€62.00€36.40€37.4315
Oct ’24€38.25
€48.09
+25.73%
14.09%€63.00€36.40€39.0515
Sep ’24€42.76
€49.21
+15.09%
14.23%€63.00€37.10€39.2615
Aug ’24€44.31
€48.91
+10.39%
15.04%€63.00€37.10€38.5315
Jul ’24€44.80
€48.68
+8.66%
15.44%€63.00€36.70€38.4815
Jun ’24€42.42
€48.53
+14.41%
14.86%€63.00€38.50€38.7015
May ’24€43.65
€47.67
+9.20%
14.41%€64.00€38.00€39.5115
AnalystConsensusTarget
Consensus Narrative from 18 Analysts
€43.25
Fair Value
10.5% undervalued intrinsic discount
18
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/17 05:38
End of Day Share Price 2025/05/16 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Deutsche Post AG is covered by 49 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Heinz SteffenAlphaValue
Arancha PiñeiroBanco de Sabadell. S.A.
Stephan BauerBankhaus Lampe KG