Hershey Co banner

Hershey Co
NYSE:HSY

Watchlist Manager
Hershey Co Logo
Hershey Co
NYSE:HSY
Watchlist
Price: 191.48 USD -0.32% Market Closed
Market Cap: $38.8B

EV/EBIT

28.5
Current
68%
More Expensive
vs 3-y average of 17

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
28.5
=
Enterprise Value
$52.1B
/
EBIT
$1.5B

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
28.5
=
Enterprise Value
$52.1B
/
EBIT
$1.5B

Valuation Scenarios

Hershey Co is trading above its 3-year average

If EV/EBIT returns to its 3-Year Average (17), the stock would be worth $113.89 (41% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-45%
Maximum Upside
No Upside Scenarios
Average Downside
38%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 28.5 $191.48
0%
3-Year Average 17 $113.89
-41%
5-Year Average 18.4 $123.83
-35%
Industry Average 15.8 $106.06
-45%
Country Average 19.6 $131.77
-31%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
$52.1B
/
Jan 2026
$1.5B
=
28.5
Current
$52.1B
/
Dec 2026
$2.5B
=
20.6
Forward
$52.1B
/
Dec 2027
$2.9B
=
17.9
Forward
$52.1B
/
Dec 2028
$3.1B
=
16.7
Forward
$52.1B
/
Dec 2029
$3.1B
=
16.6
Forward
$52.1B
/
Dec 2030
$3.3B
=
15.9
Forward
$52.1B
/
Dec 2031
$3.2B
=
16
Forward
$52.1B
/
Dec 2032
$3.4B
=
15.3
Forward
$52.1B
/
Dec 2033
$3.6B
=
14.6
Forward

Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
US
Hershey Co
NYSE:HSY
38.8B USD 28.5 44
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY 318 284.3 540 752.8
CH
Nestle SA
SIX:NESN
205.8B CHF 17.8 23.2
US
Mondelez International Inc
NASDAQ:MDLZ
73.8B USD 25.1 30.1
FR
Danone SA
PAR:BN
43.3B EUR 13.4 23.8
ZA
Tiger Brands Ltd
JSE:TBS
48.7B ZAR 11.5 12.8
CN
Muyuan Foods Co Ltd
SZSE:002714
237.6B CNY 22 24.3
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
231.2B CNY 24.7 32.8
ZA
Avi Ltd
JSE:AVI
32.7B ZAR 8.6 12.7
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
23.8B CHF 25.1 32.4
US
Kellogg Co
NYSE:K
29B USD 17.9 22.7

Market Distribution

Higher than 71% of companies in the United States of America
Percentile
71st
Based on 8 638 companies
71st percentile
28.5
Low
0 — 13.6
Typical Range
13.6 — 27.8
High
27.8 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 13.6
Median 19.6
70th Percentile 27.8
Max 1 826 183.2

Hershey Co
Glance View

In the heart of Pennsylvania, amid the rolling hills, Hershey Co. has crafted a legacy as enduring as its rich, cocoa-laden confections. Founded by Milton S. Hershey in 1894, the company began its journey with the ambitious vision of making chocolate accessible to everyone, not just the elite. Today, Hershey Co. stands as a titan in the global confectionery market, renowned for its iconic chocolate bars, Reese's peanut butter cups, and a diverse array of sweet treats. Operating within three primary segments—North America's Confectionery, International and Other, and North America's Salty Snacks—the company skillfully navigates the complexities of a billion-dollar industry. It combines innovation with its storied brand image to deliver products that resonate with consumers globally. Central to its success, Hershey's business model hinges on producing and marketing its goods across a well-oiled distribution network that taps into retail giants, wholesale distributors, and direct-to-consumer channels. This extensive reach ensures its products find their way into countless homes and celebrations. Yet, Hershey does not rest on the laurels of its renowned brand; it continually evolves by expanding its portfolio, including acquisitions like Amplify Snack Brands, to diversify into the snacking industry. This strategic blend of tradition and innovation enables Hershey to not only sustain its celebrated status but also to sweeten its financial performance year after year.

HSY Intrinsic Value
153 USD
Overvaluation 20%
Intrinsic Value
Price $191.48
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett