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Deutsche Post DHL

DP DHL's Cash & Cash Equivalents rose 12.8% yoy to EUR 3,677 mil in 2015

By Helgi Library - April 2, 2020

Deutsche Post DHL's total assets reached EUR 37,870 mil at the end of 2015, up 2.41% compared to the previous year. ...

Profit Statement
Balance Sheet
Ratios
Valuation

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Oct 2013
Statistical Dossier

Deutsche Post, operating under the trade name Deutsche Post DHL, is the world's largest courier company. With its headquarters in Bonn, the corporation employes over 450,000 people in more than 220 countries and territories worldwide. The partnership with DHL International, which began with the acquisition of a minority interest in 1998, expanded in 2000. By the end of 2002, Deutsche Post has gained 100% in the international courier and express business. In April 2013 Deutsche Post announced that the German government's refinancing agency KfW Bank had given up its blocking minority, cutting its stake to 24.9%. The Company operates four main business divisions: Mail; Express; Global Forwarding, Freight, and Supply Chain.

Finance

Deutsche Post DHL has been growing its sales by a year on average in the last 5 years. EBITDA has grown on average by 5.42% a year during that time to total of EUR 4,076 mil in 2015, or 6.88% of sales. That’s compared to 7.48% average margin seen in last five years.

The company netted EUR 1,540 mil in 2015 implying ROE of 14.8% and ROCE of 6.05%. Again, the average figures were 16.9% and 6.94%, respectively when looking at the previous 5 years.

Deutsche Post DHL’s net debt amounted to EUR 1,501 mil at the end of 2015, or 0.133 of equity. When compared to EBITDA, net debt was 0.368x, down when compared to average of 0.571x seen in the last 5 years.

Valuation

Deutsche Post DHL stock traded at EUR 26.0 per share at the end of 2015 resulting in a market capitalization of USD 35,675 mil. Over the previous five years, stock price grew by 104% or 15.4% a year on average. The closing price put stock at a 12-month trailing EV/EBITDA of 7.99x and price to earnings (PE) of 21.3x as of 2015.

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