Koninklijke Ahold Delhaize N.V.

€34.22As of Sun 8 Nov 2026, 12:00 UTC

AMS:ADConsumer Staples

Country Netherlands

PE (Fwd) •••

TSR 10Y CAGR 8.91%

Div yield 3.62%

ROE 16.15%

Grocery Stores

Beta (5Y) 0.34

PE TTM 13.31

TSR TTM (0.44%)

Mkt cap €29.61B

ROIC 9.56%

SE Grade™

Value

Quality

Moat

Consensus

Reference

€38

9.98%

(84.86%)

Sell 1|1|8|11|12

TTM

FYE 31 Dec EUR

FY2016

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026E

Trend

10Y

Peers

1.922

Revenue€B

2.775

3.041

3.357

3.661

3.930

4.306

4.554

4.945

5.337

5.860

2.123

8.32%

8.52%

16.20

Revenue growth%

27.82

26.25

24.01

25.55

27.45

26.89

29.46

30.05

32.25

32.67

15.50

30.05

27.63

16.43

Gross margin%

2.38

4.99

4.92

3.65

1.06

2.44

0.40

1.27

0.40

1.64

21.52

1.27

2.01

22.45

Operating margin%

4.36

6.30

5.10

5.48

7.57

8.07

6.91

7.97

6.15

5.36

17.31

6.91

6.23

15.39

Net margin%

10.56

8.70

7.64

9.36

8.20

10.30

10.96

9.62

10.67

10.12

23.48

10.30

9.87

14.81

P/E ratio (avg)x

30.59

36.68

43.77

46.74

49.52

55.22

63.15

73.78

82.09

86.60

8.484

73.78

52.37

35.76

EV/EBITx

9.365

9.789

9.264

8.162

7.698

8.035

7.720

8.492

8.743

8.523

33.73

8.492

8.508

15.56

FCF yield (avg)%

5.82

8.59

10.74

12.72

10.95

10.17

9.21

9.44

10.06

11.19

11.36

10.06

10.11

3.32

FCF margin%

7.85

6.09

7.90

7.85

6.58

5.20

5.30

2.72

2.29

2.39

18.29

2.72

5.69

0.492

FCF / Net incomex

1.841

1.928

1.898

1.901

2.117

2.399

2.459

2.526

2.849

3.311

0.875

2.526

2.258

26.99

ROIC%

15.75

15.29

16.97

14.20

14.52

12.93

15.46

13.18

13.65

13.62

9.57

13.62

14.36

6.57

Return on equity%

8.51

8.87

10.23

13.03

11.45

11.35

12.05

10.91

10.56

10.84

13.92

10.91

10.87

7.31

Return on assets%

18.34

15.41

12.94

12.60

11.19

12.63

12.65

12.82

14.35

15.47

20.90

12.82

12.88

2.31

EPS€

3.23

3.73

3.52

3.78

3.54

4.01

4.51

4.96

4.79

4.93

2.49

6.87%

4.44%

—

9.16

EPS growth%

16.99

16.75

17.77

14.82

12.86

13.63

15.24

14.61

16.93

18.01

6.19

15.24

16.00

1.94

Bookvalue per sh€

2.57

2.37

2.28

2.33

2.60

2.75

2.80

2.94

3.10

3.03

0.66

3.09%

1.90%

—

1.29

FCF per share€

2.66

3.03

3.23

3.08

3.45

3.34

3.51

3.69

3.51

3.40

0.57

(0.29%)

3.94%

—

1.10

Dividend per sh€

2.14

2.10

2.12

2.35

2.49

2.51

2.50

2.73

3.08

2.92

3.34

3.20%

2.66%

—

29.86

Div yield (avg)%

26.73

25.14

24.83

22.24

23.56

26.07

27.19

26.75

23.88

22.41

6.92

26.07

24.98

9.90

Payout ratio%

24.82

24.87

27.22

28.24

29.56

27.44

25.11

24.35

22.17

20.11

27.63

24.35

24.99

0.853

Shares (diluted)B

0.975

0.938

0.992

1.020

1.115

1.139

1.269

1.244

1.113

1.013

0.889

(1.89%)

1.17%

7.09

Buyback yield%

17.72

16.92

16.89

14.64

11.85

13.03

15.26

13.75

16.49

17.02

5.99

15.26

15.87

0.571

D/E ratiox

0.284

0.310

0.349

0.331

0.308

0.285

0.301

0.275

0.269

1.486

0.275

0.293

4.648

Enterprise value€B

2.425

2.437

2.314

2.369

2.362

2.652

2.770

3.193

3.338

3.348

4.779

7.23%

3.19%

5.516

LT debt€B

10.06

9.880

10.98

12.16

12.92

14.18

15.39

18.18

21.19

21.80

3.911

11.03%

9.16%

Peers (US$33.24B)

Cap (US$)

Heineken N.V.

51.34B

20.37x

Heineken Holding N.V.

24.64B

19.34x

JBS N.V.

13.37B

11.80x

Seven & i Holdings Co.…

31.16B

17.14x

Capital

TTM

10Y

Leveragex

2.403

0.026

EBIT/Intx

0.156

0.151

0.137

Own earn%

6.22

(139.93)

(144.71)

Sh yield%

36.95

40.37

40.43

Owners

Insiders/Inst%

13.38

73.85

Short interest%

4.85

SBC / revenue%

1.43

Record

10Y

Profitable years

10/10

Revenue growth years

10/10

EPS growth years

10/10

Dividend streakyrs

Op margin range%

4–8

$1 testx

0.3

Incr. ROIC%

Koninklijke Ahold Delhaize N.V. operates retail food stores and e-commerce in the Netherlands, the United States, and internationally.

Growth vs revenue

Latest

Trend

10Y CAGR

Rel growth

Revenue

€5.860B

8.52%

1.00×

Cost of revenue

€2.550B

8.79%

1.03×

Operating expenses

€1.369B

7.93%

0.95×