DHL AG (XTER:DHL) Enterprise Value: €85,234 Mil (As of Sep. 02, 2026) ***

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XTER:DHL DHL AG XTER:DHL
80 GF Score
Price €55.58
GF Value €43.83
Valuation Modestly Overvalued
! 11 Warning Signs
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What is DHL AG Enterprise Value?

DHL AG XTER:DHL -1.00% 80 Enterprise Value is €85,234 Mil as of Sep. 02, 2026. GuruFocus rates XTER:DHL with a GF Score™ of 80/100 and a GF Value™ of €43.83 (Modestly Overvalued). The stock has 11 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, DHL AG's Enterprise Value is €85,234 Mil. DHL AG's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €6,907 Mil. Therefore, DHL AG's EV-to-EBIT ratio for today is 12.34.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, DHL AG's Enterprise Value is €85,234 Mil. DHL AG's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was €11,846 Mil. Therefore, DHL AG's EV-to-EBITDA ratio for today is 7.20.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, DHL AG's Enterprise Value is €85,234 Mil. DHL AG's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 was €85,007 Mil. Therefore, DHL AG's EV-to-Revenue ratio for today is 1.00.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, DHL AG's Enterprise Value is €85,234 Mil. DHL AG's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was €9,928 Mil. Therefore, DHL AG's EV-to-OCF ratio for today is 8.59.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, DHL AG's Enterprise Value is €85,234 Mil. DHL AG's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was €7,057 Mil. Therefore, DHL AG's EV-to-FCF ratio for today is 12.08.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


DHL AG  (XTER:DHL) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

DHL AG's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=85233.800/6907
=12.34

DHL AG's current Enterprise Value is €85,234 Mil.
DHL AG's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €6,907 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

DHL AG's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=85233.800/11846
=7.20

DHL AG's current Enterprise Value is €85,234 Mil.
DHL AG's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €11,846 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

DHL AG's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=85233.800/85007
=1.00

DHL AG's current Enterprise Value is €85,234 Mil.
DHL AG's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €85,007 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

DHL AG's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=85233.800/9928
=8.59

DHL AG's current Enterprise Value is €85,234 Mil.
DHL AG's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €9,928 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

DHL AG's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=85233.800/7057
=12.08

DHL AG's current Enterprise Value is €85,234 Mil.
DHL AG's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €7,057 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


DHL AG Enterprise Value Related Terms


DHL AG Enterprise Value Historical Data

* Premium members only.

The historical data trend for DHL AG's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

DHL AG Enterprise Value Chart

DHL AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 83,960.33 61,020.64 72,134.86 59,781.09 75,710.23

DHL AG Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 41,469.34 38,433.62 75,710.23 42,743.12 54,829.00

XTER:DHL vs UPS, FDX, EXPD: Enterprise Value Comparison

For the Integrated Freight & Logistics subindustry, DHL AG's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


DHL AG Enterprise Value vs Transportation Industry

For the Transportation industry and Industrials sector, DHL AG's Enterprise Value distribution charts can be found below:

* The bar in red indicates where DHL AG's Enterprise Value falls into.


XTER:DHL
80GF Score
DHL AG XTER:DHL
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DHL AG Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

DHL AG's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

DHL AG's Enterprise Value for the quarter that ended in Jun. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of €85,234 Mil mean?
DHL AG (XTER:DHL) has a Enterprise Value of €85,234 Mil as of Sep. 02, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on DHL AG and its competitors.
Is DHL AG's Enterprise Value too high?
DHL AG's current Enterprise Value is €85,234 Mil. Overall, DHL AG has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DHL AG's Enterprise Value compare to UPS and FDX?
DHL AG's Enterprise Value of €85,234 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Transportation company?
A good Enterprise Value depends on the Transportation industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on DHL AG and its competitors. DHL AG's current Enterprise Value is €85,234 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DHL AG stock overvalued right now?
Based on GuruFocus' analysis, DHL AG (XTER:DHL) is currently considered Modestly Overvalued. The stock's GF Value™ is €43.83, compared to a current price of €55.58 — trading 26.8% above its estimated fair value. The current Enterprise Value is €85,234 Mil. DHL AG's overall GF Score™ is 80/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For DHL AG (XTER:DHL), the current Enterprise Value is €85,234 Mil as of Sep. 02, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is DHL AG (XTER:DHL) Overvalued in 2026?

Based on GuruFocus' analysis, DHL AG stock appears to be overvalued. The current stock price of €55.58 is trading 26.8% above its estimated GF Value™ of €43.83. GuruFocus considers DHL AG to be Modestly Overvalued.

Key valuation signals for XTER:DHL:

  • Enterprise Value: €85,234 Mil
  • GF Value™: €43.83 vs. price of €55.58 (26.8% above fair value)
  • GF Score™: 80/100 with 11 warning signs

No single metric tells the full story. See the XTER:DHL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DHL AG Business Description

Address Platz der Deutschen Post, Bonn, NW, DEU, 53250
Based in Germany, DHL Group ranks among the three dominant integrated global parcel-shipping providers, along with US-based FedEx and UPS. It's also a leading global third-party logistics provider in terms of air and ocean forwarding and outsourced contract logistics markets touching Europe. The DHL divisions (Express, Global Forwarding & Freight, eCommerce Solutions, and Supply Chain) generate roughly 80% of consolidated revenue. Roughly 20% comes from the Post & Parcel Germany division, which includes the legacy German postal operations and the faster growing domestic package delivery business in Germany.
80GF Score

Get the complete analysis for XTER:DHL

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€55.58
Price
€43.83
GF Value