Valuation Ahold Delhaize N.V.

Equities

Real-time Euronext Amsterdam Other stock markets 03:51:05 2026-01-22 am EST			5-day change	1st Jan Change
33.31 ^EUR	+1.49%		-2.57%	-4.50%

02:35am	AHOLD DELHAIZE : Barclays reaffirms its Neutral rating	ZD
Jan. 21	AHOLD DELHAIZE : Sell rating from JP Morgan	ZD

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	24,709	30,900	26,687	24,994	28,885	29,194	29,194	-
Change	-	25.05%	-13.64%	-6.34%	15.57%	1.07%	0%	-
Enterprise Value (EV) ¹	36,143	44,846	41,103	39,261	43,014	44,903	44,824	44,698
Change	-	24.08%	-8.35%	-4.48%	9.56%	4.39%	-0.18%	-0.28%
P/E ratio	18.2x	14x	10.8x	13.4x	16.6x	13.2x	12.3x	11.3x
PBR	2.03x	2.28x	1.76x	1.67x	1.86x	1.97x	1.85x	1.72x
PEG	-	0.2x	0.6x	-0.6x	-6.44x	0.4x	1.59x	1.3x
Capitalization / Revenue	0.33x	0.41x	0.31x	0.28x	0.32x	0.32x	0.31x	0.3x
EV / Revenue	0.48x	0.59x	0.47x	0.44x	0.48x	0.49x	0.48x	0.46x
EV / EBITDA	5.62x	7.08x	5.74x	5.56x	6.07x	6.2x	6.09x	5.86x
EV / EBIT	10.1x	13.5x	11x	10.9x	11.9x	12.3x	12x	11.4x
EV / FCF	16.4x	27.7x	18.8x	16.2x	16.9x	20.9x	20.3x	19.5x
FCF Yield	6.08%	3.61%	5.32%	6.18%	5.92%	4.78%	4.92%	5.13%
Dividend per Share ²	0.9	0.95	1.05	1.1	1.17	1.199	1.231	1.329
Rate of return	3.81%	3.12%	3.85%	4.23%	3.73%	3.65%	3.75%	4.05%
EPS ²	1.3	2.17	2.54	1.94	1.89	2.481	2.673	2.906
Distribution rate	69.2%	43.8%	41.3%	56.7%	61.9%	48.3%	46.1%	45.7%
Net sales ¹	74,736	75,601	86,984	88,649	89,356	92,281	93,558	96,664
EBITDA ¹	6,435	6,335	7,161	7,066	7,083	7,245	7,361	7,627
EBIT ¹	3,594	3,331	3,728	3,604	3,608	3,648	3,729	3,912
Net income ¹	1,397	2,246	2,546	1,874	1,764	2,255	2,368	2,518
Net Debt ¹	11,434	13,946	14,416	14,267	14,129	15,709	15,630	15,505
Reference price ²	23.60	30.46	27.30	26.02	31.38	32.82	32.82	32.82
Nbr of stocks (in thousands)	1,047,005	1,014,615	977,353	960,753	920,494	889,511	889,511	-
Announcement Date	2/17/21	2/16/22	2/15/23	2/14/24	2/12/25	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
AHOLD DELHAIZE N.V.	13.23x	0.49x	6.2x	3.65%	34.14B
WALMART INC.	41.56x	1.41x	22.28x	0.78%	951B
LOBLAW COMPANIES LIMITED	35.63x	1.24x	10.88x	0.88%	53.28B
AEON CO., LTD.	97.14x	1x	16.62x	0.58%	40.98B
KROGER CO. (THE)	42.58x	0.37x	6.79x	2.15%	40.45B
SYSCO CORPORATION	17.69x	0.58x	10.98x	2.81%	36.84B
TESCO PLC	15.78x	0.53x	7.81x	3.4%	36.05B
GEORGE WESTON LIMITED	28.66x	0.78x	6.44x	1.19%	26.62B
WOOLWORTHS GROUP LIMITED	24.57x	0.74x	8.83x	3.08%	25.16B
US FOODS HOLDING CORP.	28.42x	0.59x	12.19x	-.--%	18.69B
Average	34.52x	0.77x	10.90x	1.85%	126.35B
Weighted average by Cap.	40.14x	1.24x	19.19x	1.08%