Company Valuation: Delivery Hero SE

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 25,311 24,589 11,521 6,545 7,793 6,722 6,722 -
Change - -2.85% -53.14% -43.19% 19.07% -13.75% 0% -
Enterprise Value (EV) 1 22,389 26,299 14,284 10,019 9,118 8,802 8,935 8,405
Change - 17.47% -45.69% -29.86% -9% -3.47% 1.51% -5.93%
P/E ratio -18.1x -21.9x -3.99x -2.92x -8.75x -15.4x -29.8x 61.6x
PBR 21.7x 4.4x 3.08x 4.08x 3.01x 2.74x 2.85x 2.55x
PEG - 0.6x -0x 0.1x 0.1x 0.3x 0.6x -0x
Capitalization / Revenue 10.2x 4.2x 1.34x 0.66x 0.63x 0.47x 0.43x 0.39x
EV / Revenue 9.06x 4.49x 1.67x 1.01x 0.74x 0.62x 0.57x 0.49x
EV / EBITDA -39.4x -33.1x -30.6x 39.5x 13.2x 9.59x 8.09x 5.97x
EV / EBIT -31.2x -22.6x -11.1x -26.8x 49.7x 22.4x 15x 9.26x
EV / FCF -32x -22.6x -15.2x -35.8x 25.4x -55.7x 18.4x 12.6x
FCF Yield -3.12% -4.42% -6.59% -2.8% 3.94% -1.79% 5.44% 7.97%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -7 -4.47 -11.21 -8.57 -3.1 -1.46 -0.7562 0.3657
Distribution rate - - - - - - - -
Net sales 1 2,472 5,856 8,577 9,942 12,295 14,224 15,648 17,218
EBITDA 1 -567.7 -795.6 -467.2 253.6 692.5 917.5 1,105 1,408
EBIT 1 -718.4 -1,164 -1,282 -373.4 183.5 393.3 594.7 908.1
Net income 1 -1,403 -1,096 -2,990 -2,298 -882.4 -393.7 -233.5 60.58
Net Debt 1 -2,922 1,711 2,763 3,474 1,325 2,080 2,213 1,683
Reference price 2 127.00 98.00 44.78 25.01 27.12 22.54 22.54 22.54
Nbr of stocks (in thousands) 199,300 250,904 257,286 261,696 287,369 298,209 298,209 -
Announcement Date 4/28/21 4/28/22 4/26/23 4/25/24 4/24/25 - - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-15.44x0.62x9.59x-.--% 8B
20.33x5.73x13.11x0.99% 642B
26.34x6.88x20.66x-.--% 347B
13.68x2.97x17.8x-.--% 153B
11.5x14.79x146.08x0.35% 125B
54.5x4.44x34.04x-.--% 98.1B
82.68x5.68x28.21x-.--% 80.01B
29.14x5.14x14.63x-.--% 72.96B
9.33x36.86x7.86x-.--% 49.28B
9.69x4.64x51.03x0.42% 44.63B
Average 24.17x 8.78x 34.30x 0.18% 161.92B
Weighted average by Cap. 25.05x 7.20x 28.35x 0.43%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Equities
  3. DHER Stock
  4. Valuation Delivery Hero SE