Company Valuation: Hormel Foods Corporation

Data adjusted to current consolidation scope
Fiscal Period: October 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 22,890 24,994 17,509 17,032 13,106 11,484 - -
Change - 9.19% -29.95% -2.72% -23.05% -12.38% - -
Enterprise Value (EV) 1 25,580 27,447 20,065 19,124 15,260 13,537 13,367 13,207
Change - 7.3% -26.89% -4.69% -20.2% -11.29% -1.26% -1.19%
P/E ratio 25.4x 25.1x 22.1x 21.1x 27.4x 14x 13.6x 13x
PBR 3.15x 3.32x 2.27x 2.13x 1.66x 1.4x 1.44x 1.44x
PEG - 2.6x -1.1x 15.3x -0.7x 0.2x 5.3x 2.49x
Capitalization / Revenue 2.01x 2.01x 1.45x 1.43x 1.08x 0.93x 0.92x 0.9x
EV / Revenue 2.25x 2.2x 1.66x 1.6x 1.26x 1.1x 1.07x 1.03x
EV / EBITDA 18.3x 17.4x 13.9x 13.6x 11.9x 9.93x 9.34x 9.5x
EV / EBIT 21.9x 20.9x 16.9x 16.7x 15x 12.5x 11.6x 11x
EV / FCF 33.2x 32.1x 25.8x 18.9x 28.6x 14.8x 14.8x 15x
FCF Yield 3.01% 3.12% 3.88% 5.28% 3.5% 6.75% 6.76% 6.69%
Dividend per Share 2 0.98 1.04 1.1 1.13 1.16 1.175 1.197 1.247
Rate of return 2.32% 2.27% 3.43% 3.64% 4.87% 5.63% 5.74% 5.97%
EPS 2 1.66 1.82 1.45 1.47 0.87 1.492 1.53 1.61
Distribution rate 59% 57.1% 75.9% 76.9% 133% 78.8% 78.2% 77.4%
Net sales 1 11,386 12,459 12,110 11,921 12,106 12,301 12,496 12,814
EBITDA 1 1,394 1,575 1,438 1,404 1,282 1,363 1,431 1,391
EBIT 1 1,166 1,313 1,185 1,146 1,019 1,084 1,150 1,203
Net income 1 908.8 1,000 793.6 805 478.2 772.8 842.4 883.5
Net Debt 1 2,689 2,453 2,556 2,092 2,154 2,053 1,882 1,723
Reference price 2 42.19 45.76 32.04 31.06 23.83 20.87 20.87 20.87
Nbr of stocks (in thousands) 542,557 546,198 546,481 548,364 549,998 550,284 - -
Announcement Date 09/12/21 30/11/22 29/11/23 04/12/24 04/12/25 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.99x1.1x9.93x5.63% 11.48B
21.2x0.53x8.6x3.1% 23.11B
9.48x0.4x5.75x5.7% 19.62B
11.13x0.65x5.52x5.28% 17.74B
18.05x1.59x11.45x5.42% 14.18B
10.91x0.76x6.78x4.17% 11.5B
8.8x0.53x5.2x4.49% 8.43B
26.15x0.43x5.67x0.18% 5.57B
12.4x0.47x5.5x1.62% 4.2B
16.44x1.34x9.98x2.74% 3.31B
Average 14.85x 0.78x 7.44x 3.83% 11.91B
Weighted average by Cap. 14.62x 0.75x 7.52x 4.38%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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