Koninklijke Ahold Delhaize N.V. (NL:AD)
:AD
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Koninklijke Ahold Delhaize N.V.
(AD)
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Rating:65Neutral
Price Target:
€40.00
▼(-2.25% Downside)
Action:Downgraded
Date:05/09/26
The score is driven primarily by solid financial durability (stable margins, strong cash generation, and improved leverage) and a reasonable valuation with a supportive dividend. These positives are partially offset by weak technical momentum, with the stock trading below key moving averages alongside negative MACD and oversold readings.
Positive Factors
Cash generation
Sustained operating cash flow (~€6.4B) and FCF (~€5.3B) provide durable internal funding for reinvestment, store and e‑commerce upkeep, and shareholder returns. Strong cash generation supports strategic flexibility and resilience through cyclical pressures over the next 2–6 months.
Negative Factors
Revenue softness
A near‑term top‑line decline signals a growth pause that limits operating leverage and may force intensified promotions or investment to regain momentum. If the revenue weakness persists, it constrains margin expansion and long‑term organic growth prospects.
Read all positive and negative factors
Positive Factors
Negative Factors
Cash generation
Sustained operating cash flow (~€6.4B) and FCF (~€5.3B) provide durable internal funding for reinvestment, store and e‑commerce upkeep, and shareholder returns. Strong cash generation supports strategic flexibility and resilience through cyclical pressures over the next 2–6 months.
Read all positive factors
Koninklijke Ahold Delhaize N.V. (AD) vs. iShares MSCI Netherlands ETF (EWN)
Market Cap
€31.59B
Dividend Yield3.42%
Average Volume (3M)1.82M
Price to Earnings (P/E)16.1
Beta (1Y)0.29
Revenue Growth0.49%
EPS Growth29.16%
CountryNL
Employees390,000
SectorGeneral
Sector StrengthN/A
IndustryGrocery Stores
Share Statistics
EPS (TTM)2.53
Shares Outstanding884,267,000
10 Day Avg. Volume1,951,254
30 Day Avg. Volume1,815,872
Financial Highlights & Ratios
PEG Ratio0.44
Price to Book (P/B)2.21
Price to Sales (P/S)0.34
P/FCF Ratio4.50
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€39.98Price Target Upside-2.29% Downside
Rating ConsensusHold
Number of Analyst Covering8
EPS Forecast (FY)2.8
Revenue Forecast (FY)€93.92B
Koninklijke Ahold Delhaize N.V. Business Overview & Revenue Model
Company Description
Koninklijke Ahold Delhaize N.V. operates retail food stores and e-commerce primarily in the United States and Europe. Its store formats include supermarkets, convenience stores, drugstores, and hypermarkets. It also subleases its stores to franchi...
How the Company Makes Money
Ahold Delhaize primarily makes money by selling consumer packaged goods and fresh products to customers through its grocery retail operations. The company generates revenue from (1) in-store grocery sales across its supermarket and convenience-ori...
Koninklijke Ahold Delhaize N.V. Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
78
Positive
Cash Flow
72
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 91.35B | 92.35B | 89.36B | 88.73B | 86.98B | 75.60B |
| Gross Profit | 24.31B | 24.51B | 23.80B | 23.85B | 23.30B | 20.68B |
| EBITDA | 7.36B | 7.45B | 6.48B | 6.50B | 7.27B | 6.34B |
| Net Income | 2.26B | 2.25B | 1.76B | 1.87B | 2.55B | 2.25B |
Balance Sheet | ||||||
| Total Assets | 49.87B | 49.09B | 51.84B | 47.82B | 48.55B | 45.71B |
| Cash, Cash Equivalents and Short-Term Investments | 4.19B | 3.93B | 6.21B | 3.53B | 3.23B | 3.14B |
| Total Debt | 5.40B | 4.58B | 20.32B | 17.79B | 17.67B | 17.09B |
| Total Liabilities | 35.09B | 34.89B | 36.39B | 33.07B | 33.15B | 31.99B |
| Stockholders Equity | 14.79B | 14.20B | 15.45B | 14.76B | 15.40B | 13.72B |
Cash Flow | ||||||
| Free Cash Flow | 5.27B | 6.99B | 3.91B | 3.99B | 3.62B | 3.10B |
| Operating Cash Flow | 6.45B | 6.99B | 6.22B | 6.42B | 6.11B | 5.47B |
| Investing Cash Flow | -2.30B | -3.58B | -1.73B | -2.39B | -2.01B | -2.63B |
| Financing Cash Flow | -4.92B | -5.68B | -1.98B | -3.56B | -4.19B | -3.05B |
Koninklijke Ahold Delhaize N.V. Technical Analysis
Positive
40.92
Price Trends
39.77
Positive
36.74
Positive
35.53
Positive
Market Momentum
0.41
Positive
55.67
Neutral
26.92
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NL:AD, the sentiment is Positive. The current price of 40.92 is above the 20-day moving average (MA) of 40.42, above the 50-day MA of 39.77, and above the 200-day MA of 35.53, indicating a bullish trend. The MACD of 0.41 indicates Positive momentum. The RSI at 55.67 is Neutral, neither overbought nor oversold. The STOCH value of 26.92 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for NL:AD.
Koninklijke Ahold Delhaize N.V. Peers Comparison
UnderperformOutperform
Sector (55)
NL:AD
Koninklijke Ahold Delhaize N.V.
37.63
1.48
4.09%
NL:SLIGR
Sligro Food Group NV
12.96
1.32
11.38%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.