DHL Express has introduced Domestic Select, a lower cost, less time sensitive parcel service aimed at Nigeria's growing e commerce and domestic trade flows. DHL shares trade at €55.8 after a very small 1 day share price decline, with a roughly 19% year to date share price return and a 1 year total shareholder return of about 53%. The stock sits slightly above a widely followed fair value estimate of about €54.73, framing the current rally as fairly full rather than obviously cheap, while the SWS DCF model puts the stock at €55.8 about 33% below an estimated future cash flow value of €82.78. The DHL story can break if Express volumes remain under pressure from de minimis rule changes or if global trade softness continues to weigh on shipment demand.
Deutsche Post AGDHL Express launched Domestic Select parcel service targeting Nigeria's growing e-commerce and domestic trade flows, expanding its own service offering
China Lesso Group Holdings Ltd
