Valuation Ahold Delhaize N.V.

Equities

Market Closed - Euronext Amsterdam Other stock markets 10:25:00 13/02/2026 pm IST			5-day change	1st Jan Change
39.82 ^EUR	+0.81%		+13.90%	+14.20%

13/02	Ahold Delhaize Price Target, Forecasts Revised as Bernstein Notes Turnaround Progress	MT
12/02	AHOLD DELHAIZE : JP Morgan keeps a Sell rating	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	35,315	35,315	-
Change	-	25.05%	-13.64%	-6.34%	15.57%	22.26%	0%	-
Enterprise Value (EV) ¹	36,143	44,846	41,103	39,261	43,014	50,856	50,629	50,643
Change	-	24.08%	-8.35%	-4.48%	9.56%	18.23%	-0.45%	0.03%
P/E ratio	18.2x	14x	10.8x	13.4x	16.6x	13.9x	14.7x	13.8x
PBR	2.03x	2.28x	1.76x	1.67x	1.86x	2.36x	2.26x	2.18x
PEG	-	0.2x	0.6x	-0.6x	-6.44x	0.4x	1.1x	2.05x
Capitalization / Revenue	0.33x	0.41x	0.31x	0.28x	0.32x	0.33x	0.38x	0.37x
EV / Revenue	0.48x	0.59x	0.47x	0.44x	0.48x	0.55x	0.54x	0.53x
EV / EBITDA	5.62x	7.08x	5.74x	5.56x	6.07x	7.03x	6.88x	6.69x
EV / EBIT	10.1x	13.5x	11x	10.9x	11.9x	14x	13.7x	13.2x
EV / FCF	16.4x	27.7x	18.8x	16.2x	16.9x	23.5x	23.2x	24.8x
FCF Yield	6.08%	3.61%	5.32%	6.18%	5.92%	4.26%	4.31%	4.04%
Dividend per Share ²	0.9	0.95	1.05	1.1	1.17	1.197	1.239	1.345
Rate of return	3.81%	3.12%	3.85%	4.23%	3.73%	3.01%	3.11%	3.38%
EPS ²	1.3	2.17	2.54	1.94	1.89	2.5	2.713	2.895
Distribution rate	69.2%	43.8%	41.3%	56.7%	61.9%	50%	45.7%	46.5%
Net sales ¹	74,736	75,601	86,984	88,649	89,356	92,352	93,257	95,724
EBITDA ¹	6,435	6,335	7,161	7,066	7,083	7,319	7,357	7,567
EBIT ¹	3,594	3,331	3,728	3,604	3,608	3,734	3,694	3,841
Net income ¹	1,397	2,246	2,546	1,874	1,764	2,264	2,390	2,520
Net Debt ¹	11,434	13,946	14,416	14,267	14,129	15,540	15,314	15,327
Reference price ²	23.60	30.46	27.30	26.02	31.38	39.82	39.82	39.82
Nbr of stocks (in thousands)	10,47,005	10,14,615	9,77,353	9,60,753	9,20,494	8,86,877	8,86,877	-
Announcement Date	17/02/21	16/02/22	15/02/23	14/02/24	12/02/25	11/02/26	-	-

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 (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
AHOLD DELHAIZE N.V.	16.63x	0.55x	7.03x	3.01%	4.19TCr
WALMART INC.	46.64x	1.57x	24.89x	0.7%	1,06700Cr
LOBLAW COMPANIES LIMITED	38.56x	1.33x	11.67x	0.82%	5.83TCr
KROGER CO. (THE)	44.83x	0.41x	7.37x	1.93%	4.51TCr
SYSCO CORPORATION	21.37x	0.66x	12.53x	2.39%	4.34TCr
AEON CO., LTD.	95.41x	1.01x	16.51x	0.59%	4.2TCr
TESCO PLC	18.26x	0.58x	8.67x	2.94%	4.23TCr
GEORGE WESTON LIMITED	30.3x	0.81x	6.7x	1.13%	2.85TCr
WOOLWORTHS GROUP LIMITED	25.78x	0.77x	9.12x	2.94%	2.75TCr
US FOODS HOLDING CORP.	24.22x	0.64x	12.31x	-.--%	2.2TCr
Average	36.20x	0.83x	11.68x	1.64%	14.18TCr
Weighted average by Cap.	44.10x	1.38x	21.28x	0.97%