EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Delivery Hero SE's Enterprise Value is €13,805 Mil.
Delivery Hero SE's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €-246 Mil. Therefore, Delivery Hero SE's EV-to-FCF for today is -56.05.
The historical rank and industry rank for Delivery Hero SE's EV-to-FCF or its related term are showing as below:
FRA:DHE'
s EV-to-FCF Range Over the Past 10 Years
Min: -59.8 Med: -29.09 Max: 29.52
Current: -56.36
During the past 13 years, the highest EV-to-FCF of Delivery Hero SE was 29.52. The lowest was -59.80. And the median was -29.09.
FRA:DHE's EV-to-FCF is ranked worse than 100% of 773
companies
in the Retail - Cyclical industry
Industry Median: 13.74
vs FRA:DHE: -56.36
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Delivery Hero SE's PE Ratio (TTM) for today is calculated as:
Delivery Hero SE's share price for today is €3.42.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Delivery Hero SE's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €-0.262.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Delivery Hero SE EV-to-FCF Related Terms
Delivery Hero SE EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Delivery Hero SE's EV-to-FCF 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.
For the Internet Retail subindustry, Delivery Hero SE's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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.
Delivery Hero SE EV-to-FCF vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Delivery Hero SE's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Delivery Hero SE's EV-to-FCF falls into.
Delivery Hero SE's current Enterprise Value is €13,805 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Delivery Hero SE's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €-246 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.
Delivery Hero SE (FRA:DHE) has a EV-to-FCF of -56.05 as of Jul. 09, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Delivery Hero SE and its competitors. According to the industry distribution chart, Delivery Hero SE ranks #999999 out of 773 companies in the Retail - Cyclical industry.
Is Delivery Hero SE's EV-to-FCF too high?
Delivery Hero SE's current EV-to-FCF is -56.05. Based on the distribution chart, Delivery Hero SE ranks #999999 out of 773 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Delivery Hero SE has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Delivery Hero SE's EV-to-FCF compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Delivery Hero SE ranks #999999 out of 773 companies for EV-to-FCF. This places Delivery Hero SE in the lower half of its industry. The industry median EV-to-FCF is 13.74. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Retail - Cyclical company?
The median EV-to-FCF among Retail - Cyclical companies is 13.74, based on 773 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF 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 EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Delivery Hero SE and its competitors. For the Retail - Cyclical industry, the median EV-to-FCF is 13.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delivery Hero SE's current EV-to-FCF is -56.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delivery Hero SE stock overvalued right now?
Based on GuruFocus' analysis, Delivery Hero SE (FRA:DHE) is currently considered Fairly Valued. The stock's GF Value™ is €3.20, compared to a current price of €3.42 — trading 6.9% above its estimated fair value. The current EV-to-FCF is -56.05. Delivery Hero SE's overall GF Score™ is 77/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Delivery Hero SE (FRA:DHE), the current EV-to-FCF is -56.05 as of Jul. 09, 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 Delivery Hero SE (FRA:DHE) Overvalued in 2026?
Based on GuruFocus' analysis, Delivery Hero SE stock appears to be overvalued.
The current stock price of €3.42 is trading 6.9% above its estimated GF Value™ of €3.20.
GuruFocus considers Delivery Hero SE to be Fairly Valued.
Key valuation signals for FRA:DHE:
EV-to-FCF: -56.05
GF Value™: €3.20 vs. price of €3.42 (6.9% above fair value)
No single metric tells the full story. See the FRA:DHE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 2011, Delivery Hero is an online delivery demand aggregator. The company is headquartered in Germany and operates in over 70 countries across Latin America, Asia, Europe, the Middle East, and Africa. Delivery Hero creates a marketplace for merchants to establish an online presence, market their offerings, and meet demand through delivery. Nearly half of Delivery Hero's revenue is commission fees from merchants. Through its applications, which vary by region, customers can order meals, grocery items, pharmacy products, and retail goods. In addition, Delivery Hero operates Dmarts.
77GF Score
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