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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

P/S

3.2
Current
5%
Cheaper
vs 3-y average of 3.4

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
3.2
=
Market Cap
€48.1B
/
Revenue
$11.7B

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
3.2
=
Market Cap
€48.1B
/
Revenue
$11.7B

Valuation Scenarios

Hershey Co is trading below its 3-year average

If P/S returns to its 3-Year Average (3.4), the stock would be worth €159.97 (5% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-68%
Maximum Upside
+16%
Average Downside
18%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 3.2 €152.58
0%
3-Year Average 3.4 €159.97
+5%
5-Year Average 3.7 €176.53
+16%
Industry Average 1 €49.1
-68%
Country Average 2.4 €115.33
-24%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
€48.1B
/
Jan 2026
$11.7B
=
3.2
Current
€48.1B
/
Dec 2026
$12.4B
=
3.9
Forward
€48.1B
/
Dec 2027
$12.7B
=
3.8
Forward
€48.1B
/
Dec 2028
$13.1B
=
3.7
Forward
€48.1B
/
Dec 2029
$13.7B
=
3.5
Forward
€48.1B
/
Dec 2030
$14.1B
=
3.4
Forward
€48.1B
/
Dec 2031
$14.8B
=
3.3
Forward
€48.1B
/
Dec 2032
$15.3B
=
3.1
Forward
€48.1B
/
Dec 2033
$15.8B
=
3
Forward

Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close
Market Cap P/S P/E
US
Hershey Co
XBER:HSY
37.7B EUR 3.2 42.7
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY 23 895.9 540 752.8
CH
Nestle SA
SIX:NESN
204B CHF 2.3 22.5
US
Mondelez International Inc
NASDAQ:MDLZ
78.7B USD 2 32.1
FR
Danone SA
PAR:BN
42.7B EUR 1.6 23.5
ZA
Tiger Brands Ltd
JSE:TBS
47.9B ZAR 1.4 12.6
CN
Muyuan Foods Co Ltd
SZSE:002714
244.2B CNY 1.8 25
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
225.7B CNY 7.8 32.1
ZA
Avi Ltd
JSE:AVI
32.7B ZAR 2 12.7
JP
Ajinomoto Co Inc
TSE:2802
4.9T JPY 3.2 63.2
IN
Nestle India Ltd
NSE:NESTLEIND
2.8T INR 12.1 80.1

Market Distribution

In line with most companies in the United States of America
Percentile
53nd
Based on 11 520 companies
53nd percentile
2.6
Low
0 — 1.2
Typical Range
1.2 — 4.1
High
4.1 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 1.2
Median 2.4
70th Percentile 4.1
Max 4 613 274.2

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
111.95 EUR
Overvaluation 27%
Intrinsic Value
Price €152.58
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