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) Reverse DCF
Kellanova — Reverse DCF
K · NYSE · Consumer Defensive
GoodMoat Target
“At twenty-three times earnings, Kellanova's asking you to pay a premium price for cereal box economics that aren't quite wonderful enough.”
— In the voice of Buffett
What is the Reverse DCF?
Determine what growth rate the market is pricing in. Compare implied growth against historical performance to identify mispricing.
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%
Reverse DCF Analysis
Implied Growth
12.6%
Market expects reasonable growth aligned with historical averages.
VS BENCHMARKS
At 10% conservative growth:
Fair Value
$71.83
MOS
-16%
Buy Below
$53.87
Adjust Parameters
Kellanova (K) Reverse DCF
Determine what growth rate the market is pricing in. Compare implied growth against historical performance to identify mispricing.
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 Reverse DCF 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.