Mondelez International Inc - Class A
Exchange: NASDAQSector: Consumer DefensiveIndustry: Confectioners
Mondelēz International, Inc. empowers people to snack right in over 150 countries around the world. With 2020 net revenues of approximately $27 billion, MDLZ is leading the future of snacking with iconic global and local brands such as OREO, belVita and LU biscuits; Cadbury Dairy Milk, Milka and Toblerone chocolate; Sour Patch Kids candy and Trident gum. Mondelēz International is a proud member of the Standard and Poor’s 500, Nasdaq 100 and Dow Jones Sustainability Index. Visit www.mondelezinternational.com or follow the company on Twitter at www.twitter.com/MDLZ. About HALLS® HALLS is America's #1 selling cough drop brand that provides cough and sore throat relief when you need it most so that you can get back to doing the things you love.
Did you know?
MDLZ's revenue grew at a 6.9% CAGR over the last 6 years.
Current Price
$59.00
-0.15%GoodMoat Value
$38.67
34.5% overvaluedProfile
Valuation (TTM)
Market Cap$76.13B
P/E31.06
EV$93.05B
P/B2.95
Shares Out1.29B
P/Sales1.98
Revenue$38.54B
EV/EBITDA19.66
Mondelez International Inc - Class A (MDLZ) Stock Analysis
GoodMoat Analysis
Mondelez International is a global snacking powerhouse with a strong brand portfolio, but its current valuation appears to be a significant concern. The stock trades at a substantial premium to the GoodMoat target price, suggesting it may be overvalued. For a value investor, this warrants a cautious approach pending a deeper investigation of its moat durability and price justification.
Read full analysis
Mondelez International is a leading global manufacturer and marketer of snack foods, including iconic brands like Oreo, Cadbury, and Ritz. Applying the GoodMoat Investment Framework, the company's primary competitive advantages likely stem from a powerful brand portfolio and scale privilege in distribution, which could translate to several moat criteria such as Brand & Culture, Pricing Power, and Low Disruption Risk. However, a full Moat Identification score requires deeper analysis of factors like proprietary data or switching costs, which are less obvious in the consumer packaged goods sector.
The critical issue for a value investor is valuation. The stock trades at a P/E of 30.2x, which is high for a company with 9.3% revenue growth and a 9.5% ROE. More strikingly, the current price of $57.43 is approximately 48% above the GoodMoat target of $38.67. According to the Decision Framework's Valuation & Risk Gate, this suggests a negative or minimal Margin of Safety, placing the stock in the 'Marginal' or 'Unfavourable' band. While the business exhibits quality traits like a 4.4% FCF yield and a 3.36% dividend, the extreme premium to the estimated fair value is a significant headwind. Therefore, while the underlying business is strong, the price appears to demand near-perfect future execution, making further investigation proceed with caution.
Analysis based on data as of 2024-05-15.
Market Cap$76.13B
Current Price$59.00
P/E Ratio31.06
Forward P/E—
PEG Ratio-0.51
EPS$1.89
Book Value$20.02
P/B Ratio2.95
MDLZ Financial Charts
FCF vs CAPEX
FCFCAPEX
Forward estimates use 0.6% FCF growth (CAGR)
Cash vs Debt
Net Debt: 19.7B
Revenue
25.9B
FY19
26.6B
FY20
28.7B
FY21
31.5B
FY22
36.0B
FY23
36.4B
FY24
38.5B
FY25
Net Income
3.9B
FY19
3.6B
FY20
4.3B
FY21
2.7B
FY22
5.0B
FY23
4.6B
FY24
2.5B
FY25
MDLZ 52-Week Range
$51.07
$68.94
50-Day MA: $58.18200-Day MA: $59.08
Did you know?
MDLZ's revenue grew at a 6.9% CAGR over the last 6 years.
Mondelez International Inc - Class A (MDLZ) Financial Summary
Mondelez International Inc - Class A (MDLZ) is a Consumer Defensive company in the Confectioners industry, listed on NASDAQ. The stock currently trades at $59.00 with a market capitalization of $76.13B.
Key valuation metrics include a P/E ratio of 31.06, price-to-book ratio of 2.95, and EPS of $1.89. The company reports a profit margin of 6.4% and return on equity of 9.5%.
MDLZ Key Financial Metrics
| Metric | Value |
|---|---|
| Market Cap | $76.13B |
| P/E Ratio | 31.06 |
| EPS | $1.89 |
| P/B Ratio | 2.95 |
| P/S Ratio | 1.98 |
| EV/EBITDA | 19.66 |
| Dividend Yield | 3.27% |
| Profit Margin | 6.4% |
| Return on Equity | 9.5% |
| Debt/Equity | 0.84 |
MDLZ Revenue & Earnings History
| Year | Revenue | Net Income |
|---|---|---|
| FY19 | $25.87B | $3.93B |
| FY20 | $26.58B | $3.56B |
| FY21 | $28.72B | $4.30B |
| FY22 | $31.50B | $2.72B |
| FY23 | $36.02B | $4.96B |
| FY24 | $36.44B | $4.61B |
| FY25 | $38.54B | $2.45B |
Mondelez International Inc - Class A (MDLZ) Valuation
Based on GoodMoat's DCF model, Mondelez International Inc - Class A has a fair value estimate of $38.67. At the current price of $59.00, the stock appears 52.6% overvalued relative to our intrinsic value estimate.
MDLZ Quality Indicators
Mondelez International Inc - Class A maintains a profit margin of 6.4% and an operating margin of 9.2%. Return on equity stands at 9.5%. The current ratio is 0.59. Debt-to-equity ratio is 0.84.
About Mondelez International Inc - Class A
Mondelēz International, Inc. empowers people to snack right in over 150 countries around the world. With 2020 net revenues of approximately $27 billion, MDLZ is leading the future of snacking with iconic global and local brands such as OREO, belVita and LU biscuits; Cadbury Dairy Milk, Milka and Toblerone chocolate; Sour Patch Kids candy and Trident gum. Mondelēz International is a proud member of the Standard and Poor’s 500, Nasdaq 100 and Dow Jones Sustainability Index. Visit www.mondelezinternational.com or follow the company on Twitter at www.twitter.com/MDLZ. About HALLS® HALLS is America's #1 selling cough drop brand that provides cough and sore throat relief when you need it most so that you can get back to doing the things you love.
MDLZ Free Cash Flow
Mondelez International Inc - Class A generated $3.24B in trailing twelve-month free cash flow, representing an FCF yield of 4.26%. This moderate FCF yield indicates reasonable cash generation.
MDLZ Shares Outstanding
Mondelez International Inc - Class A has 1.29 billion shares outstanding at a share price of $59.00, giving it a market capitalization of $76.13B.
MDLZ Recent Insider Trades
Recent insider transactions at Mondelez International Inc - Class A include:
| Insider | Type | Shares | Value |
|---|---|---|---|
| Valle Gustavo Carlos (EVP and President, NA) | SELL | 3,000 | $186000.00 |