Kellanova
Kellanova is a leader in global snacking, international cereal and noodles, and North America frozen foods with a legacy stretching back more than 100 years. Powered by differentiated brands including Pringles®, Cheez-It®, Pop-Tarts®, Kellogg's Rice Krispies Treats®, RXBAR®, Eggo®, MorningStar Farms®, Special K®, Coco Pops®, and more, Kellanova's vision is to become the world's best-performing snacks-led powerhouse, unleashing the full potential of our differentiated brands and our passionate people. Our net sales for 2023 were $13 billion. At Kellanova, our purpose is to create better days and ensure everyone has a seat at the table through our trusted food brands. We are committed to promoting sustainable and equitable food access by tackling the crossroads of hunger, sustainability, wellbeing, and equity, diversity & inclusion. Our goal is to create Better Days for 4 billion people by the end of 2030 (from a 2015 baseline).
Capital expenditures decreased by 7% from FY23 to FY24.
Current Price
$83.44
GoodMoat Value
$70.21
15.9% overvaluedKellanova (K) Fair Value
Kellanova — Fair Value
K · NYSE · Consumer Defensive
GoodMoat Target
“At 22.7 times earnings, Kellanova's valuation appears to exceed what a prudent investor should pay for a consumer staples business with modest growth prospects.”
— In the voice of Graham
What is the Fair Value?
Estimate fair value using the Graham Number, earnings-based model, and PEG-adjusted valuation. Three independent methods averaged together.
Key Metrics
Market Cap
$29.01B
P/E Ratio
22.72
Forward P/E
—
EPS
$3.88
PEG Ratio
-1.35
Book Value
$10.86
Dividend Yield
2.67%
Profit Margin
10.08%
ROE
33.83%
Fair Value Estimate
Average Fair Value
$36.89
Upside
-55.8%
Graham Number
√(22.5 × EPS × Book Value)
$30.79
-63.1%
Earnings-Based
Future earnings discounted to present
$68.94
-17.4%
PEG-Adjusted
Fair P/E at PEG ratio of 1.0
$10.94
-86.9%
Adjust Parameters
Kellanova (K) Fair Value
Estimate fair value using the Graham Number, earnings-based model, and PEG-adjusted valuation. Three independent methods averaged together.
Kellanova is a Consumer Defensive company in the Packaged Foods industry, listed on NYSE. Current stock price: $83.44. Market capitalization: $29.01B. EPS: $3.88. P/E ratio: 22.72.
GoodMoat Fair Value target: $70.21. The stock appears 18.8% overvalued based on our blended model.
Use GoodMoat's Fair Value alongside other valuation tools including DCF Calculator, Reverse DCF, Fair Value models, and Quality Score to build a comprehensive investment thesis for Kellanova (K). All tools are free to use and powered by real-time financial data.