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, The Hershey Co's Enterprise Value is $42,507 Mil.
The Hershey Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $2,333 Mil. Therefore, The Hershey Co's EV-to-EBIT ratio for today is 18.22.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, The Hershey Co's Enterprise Value is $42,507 Mil.
The Hershey Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $2,753 Mil. Therefore, The Hershey Co's EV-to-EBITDA ratio for today is 15.44.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, The Hershey Co's Enterprise Value is $42,507 Mil.
The Hershey Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $11,165 Mil. Therefore, The Hershey Co's EV-to-Revenue ratio for today is 3.81.
The Hershey Co Enterprise Value Historical Data
The historical data trend for The Hershey Co'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.
* Premium members only.
The Hershey Co Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Enterprise Value
34,686.05
35,399.84
44,922.73
52,117.84
42,830.74
The Hershey Co Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Enterprise Value
52,117.84
56,559.19
55,883.00
45,674.95
42,830.74
Competitive Comparison
For the Confectioners subindustry, The Hershey Co'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.
The Hershey Co Enterprise Value Distribution
For the Consumer Packaged Goods industry and Consumer Defensive sector, The Hershey Co's Enterprise Value distribution charts can be found below:
* The bar in red indicates where The Hershey Co's Enterprise Value falls into.
The Hershey Co 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.
The Hershey Co's Enterprise Value for the fiscal year that ended in Dec. 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.
The Hershey Co (NYSE:HSY) 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.
The Hershey Co's current Enterprise Value is $42,507 Mil.
The Hershey Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,333 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
The Hershey Co's current Enterprise Value is $42,507 Mil.
The Hershey Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,753 Mil.
The Hershey Co's current Enterprise Value is $42,507 Mil.
The Hershey Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $11,165 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.
The Hershey Co Enterprise Value Related Terms
Thank you for viewing the detailed overview of The Hershey Co's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
The Hershey Co (The Hershey Co) Business Description
Hershey is a leading confectionery manufacturer in the U.S. (around a $25 billion market), controlling around 45% of the domestic chocolate space (per IRI, as cited by Hershey). Beyond its namesake label, the firm's mix has expanded over the last 85 years and now consists of 100 brands, including Reese's, Kit Kat, Kisses, and Ice Breakers. Hershey's products are sold in about 80 countries, albeit with just a high-single-digit percentage of sales coming from markets outside the U.S., including Brazil, India, and Mexico. The firm has sought inorganic opportunities to extend its reach beyond its core confection business, adding Amplify Snack Brands and its Skinny Pop ready-to-eat popcorn to its mix, Pirate Brands, and Dot's Pretzels over the past few years.
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