Valuation Ahold Delhaize N.V.

Equities

Market Closed - Euronext Amsterdam Other stock markets 09:25:00 08/05/2026 pm IST			5-day change	1st Jan Change
37.19 ^EUR	-1.27%		-7.07%	+6.65%

07/05	Ahold Delhaize: Healthy Q1 performance masked by management churn
07/05	AHOLD DELHAIZE : Barclays reaffirms its Neutral rating	ZD

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	30,783	26,731	25,037	28,885	30,659	32,729	-	-
Change	-	-13.17%	-6.34%	15.37%	6.14%	6.75%	-	-
Enterprise Value (EV) ¹	44,729	41,147	39,304	43,014	45,358	47,811	47,866	47,858
Change	-	-8.01%	-4.48%	9.44%	5.45%	5.41%	0.11%	-0.02%
P/E ratio	14x	10.8x	13.4x	16.6x	13.8x	13.5x	12.6x	11.6x
PBR	2.27x	1.77x	1.67x	1.86x	2.16x	2.17x	2.05x	1.86x
PEG	-	0.6x	-0.6x	-6.44x	0.4x	1.3x	1.82x	1.36x
Capitalization / Revenue	0.41x	0.31x	0.28x	0.32x	0.33x	0.35x	0.34x	0.33x
EV / Revenue	0.59x	0.47x	0.44x	0.48x	0.49x	0.51x	0.5x	0.48x
EV / EBITDA	7.06x	5.75x	5.56x	6.07x	6.2x	6.44x	6.31x	6.15x
EV / EBIT	13.4x	11x	10.9x	11.9x	12.1x	13x	12.3x	11.9x
EV / FCF	27.6x	18.8x	16.2x	16.9x	17.4x	20.7x	21.1x	20.2x
FCF Yield	3.62%	5.32%	6.17%	5.92%	5.73%	4.82%	4.74%	4.96%
Dividend per Share ²	0.95	1.05	1.1	1.17	1.24	1.277	1.37	1.457
Rate of return	3.13%	3.84%	4.22%	3.73%	3.59%	3.43%	3.68%	3.92%
EPS ²	2.17	2.54	1.94	1.89	2.5	2.757	2.949	3.2
Distribution rate	43.8%	41.3%	56.7%	61.9%	49.6%	46.3%	46.5%	45.5%
Net sales ¹	75,601	86,984	88,649	89,356	92,352	93,694	95,962	99,046
EBITDA ¹	6,335	7,161	7,066	7,083	7,319	7,424	7,587	7,785
EBIT ¹	3,331	3,728	3,604	3,608	3,734	3,685	3,885	4,031
Net income ¹	2,246	2,546	1,874	1,764	2,264	2,424	2,536	2,664
Net Debt ¹	13,946	14,416	14,267	14,129	14,699	15,083	15,137	15,129
Reference price ²	30.34	27.35	26.06	31.38	34.57	37.19	37.19	37.19
Nbr of stocks (in thousands)	10,14,615	9,77,353	9,60,753	9,20,494	8,86,877	8,80,046	-	-
Announcement Date	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 (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
AHOLD DELHAIZE N.V.	13.49x	0.51x	6.44x	3.43%	3.85TCr
WALMART INC.	45.02x	1.45x	22.09x	0.75%	1,04000Cr
LOBLAW COMPANIES LIMITED	26.79x	1.14x	9.94x	1.01%	5.16TCr
KROGER CO. (THE)	12.79x	0.37x	6.62x	2.17%	4.02TCr
TESCO PLC	17.27x	0.56x	8.34x	3.09%	4.04TCr
SYSCO CORPORATION	17.81x	0.54x	10.33x	2.98%	3.46TCr
WOOLWORTHS GROUP LIMITED	38.61x	0.79x	9.31x	2.81%	2.97TCr
AEON CO., LTD.	63.11x	0.7x	11.55x	0.89%	2.7TCr
GEORGE WESTON LIMITED	20.98x	0.71x	5.96x	1.4%	2.65TCr
US FOODS HOLDING CORP.	21.17x	0.56x	10.87x	-.--%	1.86TCr
Average	27.70x	0.73x	10.14x	1.85%	13.47TCr
Weighted average by Cap.	40.35x	1.27x	19.03x	1.05%