Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Hormel Foods's Enterprise Value is $21,659 Mil.
Hormel Foods's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was $1,091 Mil. Therefore, Hormel Foods's EV-to-EBIT ratio for today is 19.85.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Hormel Foods's Enterprise Value is $21,659 Mil.
Hormel Foods's EBITDA for the trailing twelve months (TTM) ended in Jan. 2024 was $1,347 Mil. Therefore, Hormel Foods's EV-to-EBITDA ratio for today is 16.08.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Hormel Foods's Enterprise Value is $21,659 Mil.
Hormel Foods's Revenue for the trailing twelve months (TTM) ended in Jan. 2024 was $12,136 Mil. Therefore, Hormel Foods's EV-to-Revenue ratio for today is 1.78.
Hormel Foods Enterprise Value Historical Data
The historical data trend for Hormel Foods's Enterprise Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Hormel Foods's Enterprise Value
For the Packaged Foods subindustry, Hormel Foods's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Hormel Foods's Enterprise Value Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Hormel Foods's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Hormel Foods's Enterprise Value falls into.
Hormel Foods Enterprise Value Calculation
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Hormel Foods's Enterprise Value for the fiscal year that ended in Oct. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Hormel Foods (NYSE:HRL) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Hormel Foods's current Enterprise Value is $21,659 Mil.
Hormel Foods's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,091 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Hormel Foods's current Enterprise Value is $21,659 Mil.
Hormel Foods's EBITDA for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,347 Mil.
Hormel Foods's current Enterprise Value is $21,659 Mil.
Hormel Foods's Revenue for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $12,136 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Hormel Foods Enterprise Value Related Terms
Thank you for viewing the detailed overview of Hormel Foods's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Historically meat-focused, Hormel Foods broadened its lineup to include other protein offerings and become a branded food company. The firm sells its wares through multiple channels, including U.S. retail (64% of fiscal 2023 sales), U.S. food service (30%), and international (6%). By product, 53% of fiscal 2022 sales were from perishable food, 27% from shelf-stable, 17% from poultry, and 3% from other products. Major brands include Hormel, Spam, Jennie-O, Columbus, Applegate, Planters, and Skippy. Many of these hold the number one or two market share in their respective categories.
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