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Koninklijke Ahold Delhaize N.V.ENXTAM:AD Stock Report

Market Cap €31.8b
Share Price
€35.66
€40.84
12.7% undervalued intrinsic discount
1Y-3.9%
7D-2.6%
1D
Portfolio Value
View

Koninklijke Ahold Delhaize N.V.

ENXTAM:AD Stock Report

Market Cap: €31.8b

Koninklijke Ahold Delhaize (AD) Stock Overview

Operates retail food stores and e-commerce in the Netherlands, the United States, and internationally. More details

AD fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance5/6
Financial Health3/6
Dividends4/6

AD Community Fair Values

Create Narrative

See what 86 others think this stock is worth. Follow their fair value or set your own to get alerts.

Koninklijke Ahold Delhaize N.V. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Koninklijke Ahold Delhaize
Historical stock prices
Current Share Price€35.66
52 Week High€42.54
52 Week Low€32.13
Beta0.36
1 Month Change-10.89%
3 Month Change-12.19%
1 Year Change-3.93%
3 Year Change20.68%
5 Year Change46.42%
Change since IPO242.68%

Recent News & Updates

Narrative Update May 20

AD: Mixed Research And Buybacks Will Shape Future P/E Re Rating

The analyst price target for Koninklijke Ahold Delhaize has edged slightly lower to about €40.84, reflecting relatively small adjustments as analysts weigh mixed recent research that includes modest target trims alongside increases from other firms. Analyst Commentary Recent research on Koninklijke Ahold Delhaize has been mixed, with some price targets trimmed and others raised, resulting in a relatively modest net change in the consensus target.
Analysis Article May 09

Koninklijke Ahold Delhaize N.V. (AMS:AD) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Last week, you might have seen that Koninklijke Ahold Delhaize N.V. ( AMS:AD ) released its quarterly result to the...

Recent updates

Narrative Update May 20

AD: Mixed Research And Buybacks Will Shape Future P/E Re Rating

The analyst price target for Koninklijke Ahold Delhaize has edged slightly lower to about €40.84, reflecting relatively small adjustments as analysts weigh mixed recent research that includes modest target trims alongside increases from other firms. Analyst Commentary Recent research on Koninklijke Ahold Delhaize has been mixed, with some price targets trimmed and others raised, resulting in a relatively modest net change in the consensus target.
Analysis Article May 09

Koninklijke Ahold Delhaize N.V. (AMS:AD) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Last week, you might have seen that Koninklijke Ahold Delhaize N.V. ( AMS:AD ) released its quarterly result to the...
Narrative Update May 01

AD: Fine Tuning Margins And P/E Assumptions Will Shape Future Re Rating

The analyst price target for Koninklijke Ahold Delhaize has shifted slightly higher to about €40.90, with recent research pointing to modest adjustments in revenue growth, profit margin assumptions and future P/E expectations as key drivers. Analyst Commentary Recent Street research around Koninklijke Ahold Delhaize has centered on fine tuning price targets in a relatively tight range, with small upward and downward moves that reflect ongoing debate about valuation, execution risks and growth visibility.
Narrative Update Apr 16

AD: Updated Margins And P E Assumptions Will Shape Forward Upside Potential

Koninklijke Ahold Delhaize's fair value estimate is updated from €46.00 to €47.00. This reflects analysts' recent price target revisions that balance slightly lower revenue growth assumptions with adjusted profit margins and P/E expectations.
Narrative Update Apr 01

AD: Fine Tuned Margin Assumptions And Buybacks Will Steer Future Re Rating

Analysts have modestly lifted the implied fair value for Koninklijke Ahold Delhaize to about €40 from about €37.50, reflecting small adjustments to revenue growth, profit margin and discount rate assumptions that are broadly consistent with recent mixed price target moves, including Citi's increase to €38.60 and a slight cut from JPMorgan. Analyst Commentary Recent research points to a relatively balanced view on Koninklijke Ahold Delhaize, with one small upward move in fair value assumptions and a modest trim elsewhere.
Narrative Update Mar 18

AD: Fine Tuning Discount Rate And P E Will Shape Forward Returns

Analysts have modestly adjusted their view on Koninklijke Ahold Delhaize, with recent Street research showing a mixed pattern of price target changes around the €38.60 level and only slight tweaks to assumptions on discount rate, revenue growth, profit margin, and future P/E. Analyst Commentary Recent Street research around Koninklijke Ahold Delhaize clusters around a price target of about €38.60, with modest shifts both up and down.
Narrative Update Mar 04

AD: Share Buybacks And Higher P E Assumptions Will Support Future Upside

The analyst fair value estimate for Koninklijke Ahold Delhaize has been nudged higher from €45.00 to €46.00. This change reflects recent price target revisions around €38.60 from some firms and more tempered adjustments from others, as analysts factor in updated assumptions on growth, profitability and future P/E expectations.
Narrative Update Feb 18

AD: Share Buybacks And Resilient Cash Generation Will Support Future Upside

Analysts have nudged their fair value estimate for Koninklijke Ahold Delhaize up from €43.00 to €45.00. This reflects recent mixed but generally supportive price target updates around €38.60 from the Street.
Narrative Update Feb 04

AD: Margin Stability And Share Buybacks Will Shape Future Price Re Rating

Analysts have made a slight downward adjustment to their fair value estimate for Koninklijke Ahold Delhaize, reflecting a modest trim in the overall price target. This change balances a higher assumed discount rate with updated views on revenue growth, margins, and future P/E expectations, alongside mixed recent Street targets ranging from about €24.60 to €41.
Analysis Article Jan 29

Are Investors Undervaluing Koninklijke Ahold Delhaize N.V. (AMS:AD) By 48%?

Key Insights The projected fair value for Koninklijke Ahold Delhaize is €62.24 based on 2 Stage Free Cash Flow to...
Narrative Update Jan 21

AD: Margin And Execution Risks Will Likely Persist Despite New Buyback

Analysts have inched their fair value estimate for Koninklijke Ahold Delhaize up to €29.57 from €29.29, reflecting updated assumptions on discount rate, revenue growth, profit margins and future P/E, following recent mixed Street views that include a lower price target from one firm and a Buy upgrade with a higher €41 target from another. Analyst Commentary The latest Street views on Koninklijke Ahold Delhaize highlight a clear split between cautious and more optimistic voices, with price targets stretching from the mid €20s up to €41.
Narrative Update Jan 06

AD: Margin Execution Risks Will Likely Persist Despite Ongoing Share Buyback

Analysts have nudged their fair value estimate for Koninklijke Ahold Delhaize up to about €29.29 from roughly €28.92, citing recent price target moves that range from a lower €24.57 level to higher targets of €36 and €41, along with updated views on margins and future P/E assumptions. Analyst Commentary Recent research on Koninklijke Ahold Delhaize reflects a wide range of opinions, with price targets spanning from about €24.57 up to €41.
Analysis Article Dec 31

Investors Met With Slowing Returns on Capital At Koninklijke Ahold Delhaize (AMS:AD)

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...
Narrative Update Dec 13

AD: Rising Revenue Outlook Will Likely Fail To Offset Margin Pressures

The analyst-derived fair value estimate for Koninklijke Ahold Delhaize has risen by about EUR 2.72 to EUR 28.92, as analysts factor in higher expected revenue growth and a richer forward earnings multiple despite some pressure on profit margins. Analyst Commentary Recent research commentary on Koninklijke Ahold Delhaize reflects a mixed backdrop, with some firms turning more constructive while others remain cautious on the company’s valuation, execution risks, and growth profile.
Narrative Update Nov 28

AD: Margin Stability And Mixed Ratings Will Steer Share Performance Ahead

Analysts have slightly adjusted their price targets for Koninklijke Ahold Delhaize, with the consensus shifting only modestly in euro terms. Recent research reflects stable profit margins and a mixed outlook on revenue growth and share valuation.
Narrative Update Nov 14

AD: Mixed Momentum Will Shape Margin Trends Amid Conflicting Outlooks

Analysts have modestly raised their fair value estimate for Koninklijke Ahold Delhaize to EUR 37.63 from EUR 37.06. This change reflects recent price target adjustments and a generally more favorable outlook, despite mixed research sentiment.
Analysis Article Nov 13

Koninklijke Ahold Delhaize's (AMS:AD) Earnings Seem To Be Promising

Koninklijke Ahold Delhaize N.V.'s ( AMS:AD ) solid earnings announcement recently didn't do much to the stock price...
Narrative Update Oct 30

AD: Stabilizing Margins And Share Repurchases Will Support Long-Term Value

The analyst price target for Koninklijke Ahold Delhaize has risen, with recent updates reflecting increases such as EUR 36, up from EUR 28, as analysts cite a stabilizing margin outlook for the company. Analyst Commentary Recent updates from major financial institutions shed light on how analyst perspectives toward Koninklijke Ahold Delhaize are evolving.
Narrative Update Oct 16

Omnichannel Expansion And Digital Platforms Will Redefine Retail Experience

Analysts have modestly raised their price target for Koninklijke Ahold Delhaize, increasing it from €36.47 to €37.06. They cite a stabilizing margin outlook and slightly improved forecasts for revenue growth and profit margins.
Analysis Article Oct 08

Is Koninklijke Ahold Delhaize (AMS:AD) A Risky Investment?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Narrative Update Sep 22

Omnichannel Expansion And Digital Platforms Will Redefine Retail Experience

The consensus price target for Koninklijke Ahold Delhaize has edged higher to €36.47 as analysts remain divided between concerns over margin pressures and European grocery market growth versus confidence in the company’s strong cash flow and disciplined capital allocation. Analyst Commentary JPMorgan maintains a cautious outlook due to concerns about margin pressure and competitive dynamics, despite a recent minor upward revision.
User avatar
New Narrative Apr 06

AI Integration And Store Expansion Will Widen Market Reach

Heavy investment in digital solutions and AI aims to enhance customer engagement, potentially boosting revenue and sales growth.

Shareholder Returns

ADNL Consumer RetailingNL Market
7D-2.6%-2.5%-1.8%
1Y-3.9%-3.5%31.1%

Return vs Industry: AD matched the Dutch Consumer Retailing industry which returned -3.5% over the past year.

Return vs Market: AD underperformed the Dutch Market which returned 31.1% over the past year.

Price Volatility

Is AD's price volatile compared to industry and market?
AD volatility
AD Average Weekly Movement2.7%
Consumer Retailing Industry Average Movement4.0%
Market Average Movement4.6%
10% most volatile stocks in NL Market7.8%
10% least volatile stocks in NL Market2.7%

Stable Share Price: AD has not had significant price volatility in the past 3 months compared to the Dutch market.

Volatility Over Time: AD's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1867384,000Frans W. Mullerwww.aholddelhaize.com

Koninklijke Ahold Delhaize N.V. operates retail food stores and e-commerce in the Netherlands, the United States, and internationally. The company’s stores offer produce, dairy, meat, deli, bakery, seafood, and frozen products; grocery, beer, and wine; floral, pet food, health and beauty care, kitchen and cookware, gardening tools, general merchandise articles, electronics, newspapers and magazines, and tobacco; gasoline; and pharmacy products. It operates its supermarkets, convenience stores, and online stores under the Albert, Albert Heijin, Alfa Beta Vassilopoulos, bol, Delhaize, ENA, Food Lion, Gall & Gall, Giant Food, The GIANT Company, Hannaford, Maxi, Mega Image, Stop & Shop, Profi, and Super Indo brands.

Koninklijke Ahold Delhaize N.V. Fundamentals Summary

How do Koninklijke Ahold Delhaize's earnings and revenue compare to its market cap?
AD fundamental statistics
Market cap€31.83b
Earnings (TTM)€2.26b
Revenue (TTM)€91.35b
13.9x
P/E Ratio
0.3x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AD income statement (TTM)
Revenue€91.35b
Cost of Revenue€67.04b
Gross Profit€24.31b
Other Expenses€22.05b
Earnings€2.26b

Last Reported Earnings

Mar 29, 2026

Next Earnings Date

Aug 05, 2026

Earnings per share (EPS)2.57
Gross Margin26.61%
Net Profit Margin2.48%
Debt/Equity Ratio59.0%

How did AD perform over the long term?

See historical performance and comparison

Dividends

3.5%
Current Dividend Yield
49%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/01 22:42
End of Day Share Price 2026/06/01 00:00
Earnings2026/03/29
Annual Earnings2025/12/28

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Koninklijke Ahold Delhaize N.V. is covered by 34 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Volker BosseBaader Helvea Equity Research
null nullBanco de Sabadell. S.A.
Jaime Vázquez de LapuertaBanco Santander