DELIVERY HERO SE |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 27.91 EUR | -1.13% |
|
-6.53% | +11.60% |
| May. 29 | Delivery Hero continues correction after analyst downgrade | DP |
| May. 29 | European shares fall as rising bond yields renew rate jitters | RE |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 13,314 | 25,311 | 24,589 | 11,521 | 6,545 | 7,866 | - | - |
| Enterprise Value (EV) 1 | 12,615 | 22,389 | 26,299 | 14,284 | 6,545 | 11,512 | 10,998 | 10,381 |
| P/E ratio | 57.8 x | -18.1 x | -21.9 x | -3.99 x | -2.92 x | -13.2 x | -52.7 x | 34.2 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 9.15 x | 10.2 x | 4.2 x | 1.34 x | 0.66 x | 0.67 x | 0.6 x | 0.54 x |
| EV / Revenue | 8.67 x | 9.06 x | 4.49 x | 1.67 x | 0.66 x | 0.98 x | 0.84 x | 0.71 x |
| EV / EBITDA | -29.3 x | -39.4 x | -33.1 x | -30.6 x | 25.8 x | 15.3 x | 8.94 x | 6.31 x |
| EV / FCF | -29.1 x | -32 x | -22.6 x | -15.2 x | - | -276 x | 19.5 x | 11 x |
| FCF Yield | -3.44% | -3.12% | -4.42% | -6.59% | - | -0.36% | 5.14% | 9.11% |
| Price to Book | 7.11 x | 21.7 x | 4.4 x | 3.08 x | - | 3.79 x | 4.08 x | 3.44 x |
| Nbr of stocks (in thousands) | 188,697 | 199,300 | 250,904 | 257,286 | 261,696 | 281,852 | - | - |
| Reference price 2 | 70.56 | 127.0 | 98.00 | 44.78 | 25.01 | 27.91 | 27.91 | 27.91 |
| Announcement Date | 4/28/20 | 4/28/21 | 4/28/22 | 4/26/23 | 4/25/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,456 | 2,472 | 5,856 | 8,577 | 9,942 | 11,708 | 13,136 | 14,579 |
| EBITDA 1 | -430.9 | -567.7 | -795.6 | -467.2 | 253.6 | 750.8 | 1,230 | 1,644 |
| EBIT 1 | -528.1 | -718.4 | -1,164 | -1,282 | -373.4 | 217.5 | 615.8 | 988.1 |
| Operating Margin | -36.28% | -29.06% | -19.87% | -14.94% | -3.76% | 1.86% | 4.69% | 6.78% |
| Earnings before Tax (EBT) 1 | -663.4 | -1,388 | -958.3 | -2,834 | -2,163 | -328.6 | 38.57 | 350.9 |
| Net income 1 | 231.4 | -1,403 | -1,096 | -2,990 | -2,298 | -511.3 | -144.2 | 236.4 |
| Net margin | 15.9% | -56.75% | -18.73% | -34.86% | -23.11% | -4.37% | -1.1% | 1.62% |
| EPS 2 | 1.220 | -7.000 | -4.470 | -11.21 | -8.570 | -2.107 | -0.5292 | 0.8171 |
| Free Cash Flow 1 | -434 | -699 | -1,163 | -941.6 | - | -41.74 | 565.1 | 945.8 |
| FCF margin | -29.81% | -28.28% | -19.86% | -10.98% | - | -0.36% | 4.3% | 6.49% |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | 45.93% | 57.52% |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | 400.09% |
| Dividend per Share 2 | - | - | - | - | - | - | - | - |
| Announcement Date | 4/28/20 | 4/28/21 | 4/28/22 | 4/26/23 | 4/25/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2020 S1 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2022 S2 | 2023 Q1 | 2023 Q2 | 2023 S1 | 2023 Q3 | 2023 S2 | 2024 Q1 | 2024 S1 | 2024 S2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 957.5 | 2,457 | 3,398 | 3,815 | 2,500 | 2,262 | - | 2,494 | 2,345 | 4,839 | 2,713 | 5,103 | 2,951 | 5,554 | 6,341 |
| EBITDA | - | -350.8 | - | -323 | - | - | -144.2 | - | - | 9.2 | - | 244.4 | - | - | - |
| EBIT | -382.8 | - | - | -552.9 | - | - | - | - | - | -241.8 | - | -131.6 | - | -83.35 | 290.3 |
| Operating Margin | -39.98% | - | - | -14.49% | - | - | - | - | - | -5% | - | -2.58% | - | -1.5% | 4.58% |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 8/27/20 | 8/26/21 | 4/28/22 | 8/25/22 | 11/10/22 | 4/26/23 | 4/26/23 | 5/30/23 | 8/30/23 | 8/30/23 | 11/14/23 | 4/25/24 | 4/25/24 | - | - |
1EUR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | 1,711 | 2,763 | - | 3,645 | 3,131 | 2,515 |
| Net Cash position 1 | 699 | 2,922 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | -2.15 x | -5.914 x | - | 4.855 x | 2.545 x | 1.529 x |
| Free Cash Flow 1 | -434 | -699 | -1,163 | -942 | - | -41.7 | 565 | 946 |
| ROE (net income / shareholders' equity) | -32.6% | -92.5% | -44.7% | -43.5% | - | -33.1% | -6.55% | 30.5% |
| ROA (Net income/ Total Assets) | -24.3% | -33.3% | -16.1% | -15.6% | - | -0.02% | 2.43% | 4.11% |
| Assets 1 | -951.2 | 4,218 | 6,825 | 19,119 | - | 2,691,202 | -5,944 | 5,752 |
| Book Value Per Share 2 | 9.920 | 5.840 | 22.30 | 14.50 | - | 7.360 | 6.840 | 8.110 |
| Cash Flow per Share 2 | -1.920 | -2.640 | -3.670 | -2.580 | - | 0.8100 | 1.960 | 3.260 |
| Capex 1 | 69.2 | 169 | 262 | 253 | - | 295 | 318 | 326 |
| Capex / Sales | 4.75% | 6.84% | 4.47% | 2.95% | - | 2.52% | 2.42% | 2.24% |
| Announcement Date | 4/28/20 | 4/28/21 | 4/28/22 | 4/26/23 | 4/25/24 | - | - | - |
1EUR in Million2EUR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
20
Last Close Price
27.91
EUR
Average target price
45.6
EUR
Spread / Average Target
+63.37%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +11.60% | 8.53B | |
| +22.55% | 426B | |
| +31.87% | 277B | |
| +4.92% | 135B | |
| +6.46% | 92.01B | |
| +23.70% | 89.16B | |
| +57.95% | 58.86B | |
| +11.34% | 45.02B | |
| +19.19% | 34.77B | |
| -10.48% | 31.96B |
- Stock Market
- Equities
- DHER Stock
- Financials Delivery Hero SE
