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Hershey Co
XBER:HSY

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Hershey Co
XBER:HSY
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Price: 152.58 EUR Market Closed
Market Cap: €30.9B

EV/IC

3.5
Current
10%
Cheaper
vs 3-y average of 3.9

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
3.5
=
Enterprise Value
€52.1B
/
Invested Capital
$11.6B

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
3.5
=
Enterprise Value
€52.1B
/
Invested Capital
$11.6B

Valuation Scenarios

Hershey Co is trading below its 3-year average

If EV/IC returns to its 3-Year Average (3.9), the stock would be worth €170.12 (11% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-64%
Maximum Upside
+26%
Average Downside
21%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 3.5 €152.58
0%
3-Year Average 3.9 €170.12
+11%
5-Year Average 4.5 €192.68
+26%
Industry Average 1.3 €54.36
-64%
Country Average 1.5 €64.11
-58%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close
Market Cap EV/IC P/E
US
Hershey Co
XBER:HSY
37B EUR 3.5 41.9
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY 27 042.7 540 752.8
CH
Nestle SA
SIX:NESN
203.3B CHF 2.4 22.5
US
Mondelez International Inc
NASDAQ:MDLZ
78.7B USD 1.6 32.1
FR
Danone SA
PAR:BN
42.7B EUR 1.5 23.5
ZA
Tiger Brands Ltd
JSE:TBS
47.6B ZAR 2.7 12.5
CN
Muyuan Foods Co Ltd
SZSE:002714
244.2B CNY 2 25
ZA
Avi Ltd
JSE:AVI
33.1B ZAR 3.9 12.8
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
225.7B CNY 13 32.1
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
23.2B CHF 3 31.9
IN
Nestle India Ltd
NSE:NESTLEIND
2.8T INR 31.5 80.1

Market Distribution

Higher than 71% of companies in the United States of America
Percentile
71th
Based on 11 657 companies
71th percentile
3
Low
0 — 0.9
Typical Range
0.9 — 2.9
High
2.9 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 0.9
Median 1.5
70th Percentile 2.9
Max 566 432.7

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
111.95 EUR
Overvaluation 27%
Intrinsic Value
Price €152.58
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