HRL (Hormel Foods) EV-to-EBIT: 21.76 (As of Jul. 30, 2026) — 15% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HRL Hormel Foods Corp HRL
72 GF Score
Price $25.37
GF Value $31.24
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Hormel Foods EV-to-EBIT?

Hormel Foods HRL -1.67% 72 EV-to-EBIT is 21.76 as of Jul. 30, 2026, which is 15% above its 10-year median of 18.92. GuruFocus rates HRL with a GF Score™ of 72/100 and a GF Value™ of $31.24 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,560 Consumer Packaged Goods companies, Hormel Foods ranks worse than 76.41% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Hormel Foods's Enterprise Value is $15,973 Mil. Hormel Foods's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was $734 Mil. Therefore, Hormel Foods's EV-to-EBIT for today is 21.76.

The historical rank and industry rank for Hormel Foods's EV-to-EBIT or its related term are showing as below:

HRL' s EV-to-EBIT Range Over the Past 10 Years
Min: 12.06   Med: 18.92   Max: 26.36
Current: 21.76

During the past 13 years, the highest EV-to-EBIT of Hormel Foods was 26.36. The lowest was 12.06. And the median was 18.92.

HRL's EV-to-EBIT is ranked worse than
76.41% of 1560 companies
in the Consumer Packaged Goods industry
Industry Median: 12.025 vs HRL: 21.76

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Hormel Foods's Enterprise Value for the quarter that ended in Apr. 2026 was $13,826 Mil. Hormel Foods's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was $734 Mil. Hormel Foods's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 5.31%.


Hormel Foods  (NYSE:HRL) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Hormel Foods's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Apr. 2026 ) =EBIT / Enterprise Value (Q: Apr. 2026 )
=733.873/13826.02194
=5.31 %

Hormel Foods's Enterprise Value for the quarter that ended in Apr. 2026 was $13,826 Mil.
Hormel Foods's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $734 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 EV-to-EBIT Related Terms


Hormel Foods EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Hormel Foods's EV-to-EBIT 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.

Hormel Foods EV-to-EBIT Chart

Hormel Foods Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.93 20.65 18.73 16.90 18.94

Hormel Foods Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.00 16.96 18.94 20.46 18.84

HRL vs MKC, JBS, SJM: EV-to-EBIT Comparison

For the Packaged Foods subindustry, Hormel Foods's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hormel Foods's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hormel Foods's EV-to-EBIT falls into.


HRL
72GF Score
Hormel Foods Corp HRL
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hormel Foods EV-to-EBIT Calculation

Hormel Foods's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=15972.529/733.873
=21.76

Hormel Foods's current Enterprise Value is $15,973 Mil.
Hormel Foods's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $734 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 21.76 mean?
Hormel Foods (HRL) has a EV-to-EBIT of 21.76 as of Jul. 30, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Hormel Foods and its competitors. This is 15% above median its historical median of 18.92. Over the past decade, Hormel Foods' EV-to-EBIT has ranged from 12.06 to 26.36. According to the industry distribution chart, Hormel Foods ranks #1192 out of 1560 companies in the Consumer Packaged Goods industry, placing it in the top 76.4%.
Is Hormel Foods' EV-to-EBIT too high?
Hormel Foods' current EV-to-EBIT of 21.76 is 15% above median its 10-year median of 18.92. Over the past 10 years, this metric has ranged from a low of 12.06 to a high of 26.36. The Consumer Packaged Goods industry median EV-to-EBIT is 12.03. Hormel Foods' value of 21.76 is 81% above this industry median. Based on the distribution chart, Hormel Foods ranks #1192 out of 1560 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Hormel Foods has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hormel Foods' EV-to-EBIT compare to MKC and JBS?
According to the Consumer Packaged Goods industry distribution chart, Hormel Foods ranks #1192 out of 1560 companies for EV-to-EBIT. This places Hormel Foods in the lower half of its industry. The industry median EV-to-EBIT is 12.03. Hormel Foods' value of 21.76 is 81% above this benchmark. Historically, Hormel Foods' own EV-to-EBIT has ranged from 12.06 to 26.36 over the past decade. While the company's 10-year median is 18.92 vs. the industry median of 12.03, Hormel Foods has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Consumer Packaged Goods company?
The median EV-to-EBIT among Consumer Packaged Goods companies is 12.03, based on 1,560 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hormel Foods's current EV-to-EBIT of 21.76 is 81% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Hormel Foods and its competitors. For the Consumer Packaged Goods industry, the median EV-to-EBIT is 12.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hormel Foods's current EV-to-EBIT is 21.76, which is 15% above median its own 10-year median of 18.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hormel Foods stock overvalued right now?
Based on GuruFocus' analysis, Hormel Foods (HRL) is currently considered Modestly Undervalued. The stock's GF Value™ is $31.24, compared to a current price of $25.37 — trading 18.8% below its estimated fair value. The current EV-to-EBIT is 21.76, which is 15% above median its 10-year median of 18.92 and 81% above the Consumer Packaged Goods industry median of 12.03. Hormel Foods' overall GF Score™ is 72/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Hormel Foods (HRL), the current EV-to-EBIT is 21.76 as of Jul. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hormel Foods (HRL) Overvalued in 2026?

Based on GuruFocus' analysis, Hormel Foods stock appears to be undervalued. The current stock price of $25.37 is trading 18.8% below its estimated GF Value™ of $31.24. GuruFocus considers Hormel Foods to be Modestly Undervalued.

Key valuation signals for HRL:

  • EV-to-EBIT: 21.76 (15% above median its 10-year median of 18.92)
  • GF Value™: $31.24 vs. price of $25.37 (18.8% below fair value)
  • GF Score™: 72/100 with 6 warning signs
  • Industry Position: 81% above the Consumer Packaged Goods median (#1192 of 1560)

No single metric tells the full story. See the HRL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hormel Foods Business Description

Address 1 Hormel Place, Austin, MN, USA, 55912-3680
Historically meat-focused, Hormel Foods broadened its lineup to include other protein offerings and became a branded food company. The firm sells its wares through multiple channels, including US retail (61.6% of fiscal 2025 sales), US foodservice (32.6%), and international (5.9%). By product, 73% of fiscal 2025 sales were from perishable food and 27% from shelf-stable. 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.
72GF Score

Get the complete analysis for HRL

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$25.37
Price
$31.24
GF Value