(AD) Koninklijke Ahold Delhaize - Overview
Sector: Consumer Defensive | Industry: Grocery Stores | Exchange: AS (Netherlands) | Market Cap: 32.273m EUR | Total Return: 0.4% in 12m
Avg Turnover: 81.9M
EPS Trend: 57.3%
Qual. Beats: 0
Rev. Trend: 85.1%
Qual. Beats: 0
Warnings
Altman Z'' 0.85 < 1.0 - financial distress zone
Fakeout Below Avwap Earnings
Tailwinds
No distinct edge detected
Koninklijke Ahold Delhaize N.V. is a major international food retailer operating a diverse portfolio of supermarkets, convenience stores, and e-commerce platforms across the United States, Europe, and Indonesia. The company manages prominent regional brands such as Food Lion, Giant Food, Albert Heijn, and Delhaize, offering a comprehensive range of perishables, general merchandise, and pharmacy services.
The business model relies on a decentralized structure where local brands maintain high market share in their respective geographies while leveraging the parent companys global supply chain and private-label procurement. In the food retail sector, companies often utilize high-volume, low-margin operations where scale is critical for negotiating with suppliers and managing logistics costs.
Investors can further analyze the historical performance and valuation metrics of this company on ValueRay.
Founded in 1867 and headquartered in the Netherlands, the current entity was formed through the 2016 merger of Ahold and Delhaize Group. This consolidation reflects a broader trend in the industry toward omnichannel integration, combining brick-and-mortar grocery footprints with robust digital fulfillment systems.
- United States grocery market share gains drive majority of total enterprise revenue
- European inflation pressure impacts consumer purchasing power and operating profit margins
- E-commerce growth and Bol platform expansion influence long-term valuation multiples
- Labor cost increases and supply chain disruptions affect underlying retail margins
- Strategic store portfolio optimization and divestments impact free cash flow generation
| Net Income: 2.26b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.11 > 0.02 and ΔFCF/TA 2.89 > 1.0 |
| NWC/Revenue: -3.97% < 20% (prev -4.77%; Δ 0.80% < -1%) |
| CFO/TA 0.13 > 3% & CFO 6.45b > Net Income 2.26b |
| Net Debt (13.2b) to EBITDA (7.36b): 1.79 < 3 |
| Current Ratio: 0.77 > 1.5 & < 3 |
| Outstanding Shares: last quarter (887.0m) vs 12m ago -3.17% < -2% |
| Gross Margin: 26.61% > 18% (prev 0.27%; Δ 2.63k% > 0.5%) |
| Asset Turnover: 180.3% > 50% (prev 176.6%; Δ 3.68% > 0%) |
| Interest Coverage Ratio: 4.57 > 6 (EBITDA TTM 7.36b / Interest Expense TTM 810.0m) |
| A: -0.07 (Total Current Assets 12.3b - Total Current Liabilities 15.9b) / Total Assets 49.9b |
| B: 0.18 (Retained Earnings 8.90b / Total Assets 49.9b) |
| C: 0.07 (EBIT TTM 3.70b / Avg Total Assets 50.7b) |
| D: 0.24 (Book Value of Equity 8.51b / Total Liabilities 35.1b) |
| Altman-Z'' = 0.85 = B |
| DSRI: 1.09 (Receivables 2.65b/2.42b, Revenue 91.4b/90.9b) |
| GMI: 1.00 (GM 26.61% / 26.57%) |
| AQI: 1.02 (AQ_t 0.32 / AQ_t-1 0.32) |
| SGI: 1.00 (Revenue 91.4b / 90.9b) |
| TATA: -0.08 (NI 2.26b - CFO 6.45b) / TA 49.9b) |
| Beneish M = -3.03 (Cap -4..+1) = AA |
As of May 25, 2026, the stock is trading at EUR 36.65 with a total of 2,131,466 shares traded.
Over the past week, the price has changed by -0.41%,
over one month by -11.11%,
over three months by -9.76% and
over the past year by +0.38%.
Koninklijke Ahold Delhaize has no consensus analysts rating.
P/E Trailing = 14.5437
P/E Forward = 13.1752
P/S = 0.3533
P/B = 2.1822
P/EG = 3.0659
Revenue TTM = 91.4b EUR
EBIT TTM = 3.70b EUR
EBITDA TTM = 7.36b EUR
Long Term Debt = 5.40b EUR (from longTermDebt, last quarter)
Short Term Debt = 1.85b EUR (from shortLongTermDebt, last fiscal year)
Debt = 17.4b EUR (from shortLongTermDebtTotal, last quarter) + Leases 12.0b
Net Debt = 13.2b EUR (calculated: Debt 17.4b - CCE 4.19b)
Enterprise Value = 45.5b EUR (32.3b + Debt 17.4b - CCE 4.19b)
Interest Coverage Ratio = 4.57 (Ebit TTM 3.70b / Interest Expense TTM 810.0m)
EV/FCF = 8.63x (Enterprise Value 45.5b / FCF TTM 5.27b)
FCF Yield = 11.59% (FCF TTM 5.27b / Enterprise Value 45.5b)
FCF Margin = 5.77% (FCF TTM 5.27b / Revenue TTM 91.4b)
Net Margin = 2.47% (Net Income TTM 2.26b / Revenue TTM 91.4b)
Gross Margin = 26.61% ((Revenue TTM 91.4b - Cost of Revenue TTM 67.0b) / Revenue TTM)
Gross Margin QoQ = 26.80% (prev 26.75%)
Tobins Q-Ratio = 0.91 (Enterprise Value 45.5b / Total Assets 49.9b)
Interest Expense / Debt = 4.66% (Interest Expense 810.0m / Debt 17.4b)
Taxrate = 23.12% (166.0m / 718.0m)
NOPAT = 2.85b (EBIT 3.70b * (1 - 23.12%))
Current Ratio = 0.77 (Total Current Assets 12.3b / Total Current Liabilities 15.9b)
Debt / Equity = 1.17 (Debt 17.4b / totalStockholderEquity, last quarter 14.8b)
Debt / EBITDA = 1.79 (Net Debt 13.2b / EBITDA 7.36b)
Debt / FCF = 2.50 (Net Debt 13.2b / FCF TTM 5.27b)
Total Stockholder Equity = 14.2b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.45% (Net Income 2.26b / Total Assets 49.9b)
RoE = 15.84% (Net Income TTM 2.26b / Total Stockholder Equity 14.2b)
RoCE = 18.85% (EBIT 3.70b / Capital Employed (Equity 14.2b + L.T.Debt 5.40b))
RoIC = 8.40% (NOPAT 2.85b / Invested Capital 33.9b)
WACC = 4.69% (E(32.3b)/V(49.6b) * Re(5.29%) + D(17.4b)/V(49.6b) * Rd(4.66%) * (1-Tc(0.23)))
Discount Rate = 5.29% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -100.00 | Cagr: -3.09%
[DCF] Terminal Value 77.97% ; FCFF base≈4.74b ; Y1≈5.43b ; Y5≈8.00b
[DCF] Fair Price = 121.7 (EV 120b - Net Debt 13.2b = Equity 107b / Shares 880.6m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 57.26 | EPS CAGR: 1.34% | SUE: 0.33 | # QB: 0
Revenue Correlation: 85.12 | Revenue CAGR: 1.46% | SUE: 0.00 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.66 | Chg30d=-4.83% | Revisions=-20% | Analysts=3
EPS next Quarter (2026-09-30): EPS=0.71 | Chg30d=-1.07% | Revisions=-20% | Analysts=3
EPS current Year (2026-12-31): EPS=2.78 | Chg30d=-0.02% | Revisions=+20% | GrowthEPS=+4.3% | GrowthRev=+1.5%
EPS next Year (2027-12-31): EPS=2.99 | Chg30d=+0.04% | Revisions=+14% | GrowthEPS=+7.3% | GrowthRev=+2.4%
[Analyst] Revisions Ratio: -20%