DSV AS (CHIX:DSVC) Intrinsic Value: Projected FCF: kr1,239.69 (As of Sep. 13, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CHIX:DSVC DSV AS CHIX:DSVC
79 GF Score
Price kr1,321.00
GF Value kr2,000.24
Valuation Significantly Undervalued
! 3 Warning Signs
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What is DSV AS Intrinsic Value: Projected FCF?

DSV AS CHIX:DSVC -0.45% 79 Intrinsic Value: Projected FCF is kr1,239.69 as of Sep. 13, 2026. GuruFocus rates CHIX:DSVC with a GF Score™ of 79/100 and a GF Value™ of kr2,000.24 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 733 Transportation companies, DSV AS ranks worse than 61.12% on this metric.

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2026-09-13), DSV AS's Intrinsic Value: Projected FCF is kr1,239.69. The stock price of DSV AS is kr1321.00. Therefore, DSV AS's Price-to-Intrinsic-Value-Projected-FCF of today is 1.1.

The historical rank and industry rank for DSV AS's Intrinsic Value: Projected FCF or its related term are showing as below:

CHIX:DSVc' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1   Med: 1.96   Max: 3.23
Current: 1.07

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of DSV AS was 3.23. The lowest was 1.00. And the median was 1.96.

CHIX:DSVc's Price-to-Projected-FCF is ranked worse than
61.12% of 733 companies
in the Transportation industry
Industry Median: 0.86 vs CHIX:DSVc: 1.07

DSV AS  (CHIX:DSVc) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

DSV AS's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=1321.00/1211.0702997699
=1.09

* 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.


DSV AS Intrinsic Value: Projected FCF Related Terms


DSV AS Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for DSV AS's Intrinsic Value: Projected 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.

DSV AS Intrinsic Value: Projected FCF Chart

DSV AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 581.58 867.57 1,028.23 1,137.79 1,276.81

DSV AS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Intrinsic Value: Projected FCF 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 1,206.40 1,249.32 1,276.81 1,272.80 1,204.62

CHIX:DSVC vs UPS, FDX, EXPD: Intrinsic Value: Projected FCF Comparison

For the Integrated Freight & Logistics subindustry, DSV AS's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-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.


DSV AS Price-to-Projected-FCF vs Transportation Industry

For the Transportation industry and Industrials sector, DSV AS's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where DSV AS's Price-to-Projected-FCF falls into.


CHIX:DSVC
79GF Score
DSV AS CHIX:DSVC
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DSV AS Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get DSV AS's Free Cash Flow(6 year avg) = kr13,488.96.

DSV AS's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Jun26)*0.8)/Shares Outstanding (Diluted Average)
=(14.069800320413*13488.96+125609*0.8)/239.684
=1,211.07

* 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.

What does a Intrinsic Value: Projected FCF of kr1,239.69 mean?
DSV AS (CHIX:DSVC) has a Intrinsic Value: Projected FCF of kr1,239.69 as of Sep. 13, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on DSV AS and its competitors. According to the industry distribution chart, DSV AS ranks #448 out of 733 companies in the Transportation industry, placing it in the top 61.1%.
Is DSV AS's Intrinsic Value: Projected FCF too high?
DSV AS's current Intrinsic Value: Projected FCF is kr1,239.69. Based on the distribution chart, DSV AS ranks #448 out of 733 companies in the Transportation industry, which is below the industry midpoint. Overall, DSV AS has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does DSV AS's Intrinsic Value: Projected FCF compare to UPS and FDX?
According to the Transportation industry distribution chart, DSV AS ranks #448 out of 733 companies for Intrinsic Value: Projected FCF. This places DSV AS in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 0.86. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Transportation company?
The median Intrinsic Value: Projected FCF among Transportation companies is 0.86, based on 733 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected 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 Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on DSV AS and its competitors. For the Transportation industry, the median Intrinsic Value: Projected FCF is 0.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DSV AS's current Intrinsic Value: Projected FCF is kr1,239.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DSV AS stock overvalued right now?
Based on GuruFocus' analysis, DSV AS (CHIX:DSVC) is currently considered Significantly Undervalued. The stock's GF Value™ is kr2,000.24, compared to a current price of kr1,321.00 — trading 34% below its estimated fair value. The current Intrinsic Value: Projected FCF is kr1,239.69. DSV AS's overall GF Score™ is 79/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For DSV AS (CHIX:DSVC), the current Intrinsic Value: Projected FCF is kr1,239.69 as of Sep. 13, 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 DSV AS (CHIX:DSVC) Overvalued in 2026?

Based on GuruFocus' analysis, DSV AS stock appears to be undervalued. The current stock price of kr1,321.00 is trading 34% below its estimated GF Value™ of kr2,000.24. GuruFocus considers DSV AS to be Significantly Undervalued.

Key valuation signals for CHIX:DSVC:

  • Intrinsic Value: Projected FCF: kr1,239.69
  • GF Value™: kr2,000.24 vs. price of kr1,321.00 (34% below fair value)
  • GF Score™: 79/100 with 3 warning signs

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


DSV AS Business Description

Address Hovedgaden 630, Hedehusene, DNK, 2640
DSV is a Danish-listed transport and logistics company, offering transport services worldwide by road, air, and sea, with the bulk of its activities coming from airfreight and sea freight forwarding businesses. Since its founding in 1976, the company has experienced rapid growth, primarily through strategic acquisitions. Its most recent acquisition, DB Schenker, occurred in the second quarter of 2025, making DSV the largest sea freight forwarder.
79GF Score

Get the complete analysis for CHIX:DSVC

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

kr1,321.00
Price
kr2,000.24
GF Value