- Delivery Hero’s full-year gross merchandise value was €48.75 billion, surpassing the estimated €48.07 billion.
- Fourth-quarter gross merchandise value reached €12.82 billion, above the forecasted €12.13 billion.
- In Asia, the gross merchandise value was €5.62 billion, which fell short of the expected €5.86 billion.
- The Middle East & North Africa region’s gross merchandise value was €3.71 billion, beating the estimate of €3.19 billion.
- Europe’s gross merchandise value came in at €2.38 billion, slightly under the €2.39 billion estimate.
- The Americas reported a gross merchandise value of €1.11 billion.
- Integrated Verticals’ gross merchandise value was €820.7 million, exceeding the estimate of €690 million.
- Total segment revenue for the company was €3.52 billion, higher than the forecasted €3.17 billion.
- The company forecasts a total segment revenue growth of 17% to 19% for the year.
- Projected growth for gross merchandise value is between 8% and 10%.
- Adjusted EBITDA is expected to range from €975 million to €1.03 billion.
- Market analysts have assigned 14 “buy” ratings, 6 “hold” ratings, and 2 “sell” ratings for Delivery Hero.
Delivery Hero SE on Smartkarma
Analyst coverage of Delivery Hero SE on Smartkarma reveals a cautious sentiment from Value Investors Club. In a recent report titled “Delivery Hero Se (DLVHF) – Thursday, Mar 28, 2024,” the analysts highlighted concerns about the company’s financial performance despite its €7.5bn market cap. As a food and grocery delivery service operating in 56 countries, Delivery Hero faces challenges like being lossmaking and carrying significant net debt. The report flags issues including liquidity, cash burn, regulatory hurdles, and fierce market competition, suggesting a potential risk of a significant price correction.
A look at Delivery Hero SE Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Delivery Hero SE, known for its e-commerce services, has been assigned Smart Scores across various factors. With a high Growth score of 4 and Momentum score of 5, the company seems positioned for long-term success as it shows promising signs of expansion and positive market momentum. Despite lower scores in Value and Resilience, the strong performance in Growth and Momentum indicators bode well for Delivery Hero’s future prospects.
Delivery Hero SE, a company offering online food ordering services, garners attention for its growth potential and market momentum. Even though Value and Resilience scores are moderate, the company excels in Growth and particularly Momentum, suggesting a positive outlook for long-term investors. With a focus on serving customers in Germany, Delivery Hero’s strong performance in key Smart Scores indicates a company poised for continued growth and success in the e-commerce space.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
