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The Hershey CoFRA:HSY -2.51%75 EV-to-EBITDA is 15.83 as of Aug. 13, 2026, which is 14% below its 10-year median of 18.32. GuruFocus rates FRA:HSY with a GF Score™ of 75/100 and a GF Value™ of €176.18 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,644 Consumer Packaged Goods companies, The Hershey Co ranks worse than 73.72% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, The Hershey Co's enterprise value is €36,514 Mil.
The Hershey Co's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was €2,306 Mil. Therefore, The Hershey Co's EV-to-EBITDA for today is 15.83.
The historical rank and industry rank for The Hershey Co's EV-to-EBITDA or its related term are showing as below:
FRA:HSY'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 11.28 Med: 18.32 Max: 27.25
Current: 15.73
During the past 13 years, the highest EV-to-EBITDA of The Hershey Co was 27.25. The lowest was 11.28. And the median was 18.32.
FRA:HSY's EV-to-EBITDA is ranked worse than 73.72% of 1644
companies
in the Consumer Packaged Goods industry
Industry Median: 9.09
vs FRA:HSY: 15.73
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
The Hershey Co's PE Ratio (TTM) for today is calculated as:
The Hershey Co's share price for today is €157.05.
The Hershey Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €6.304.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for The Hershey Co's EV-to-EBITDA 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.
FRA:HSY vs TR, SOWG, RMCF: EV-to-EBITDA Comparison
For the Confectioners subindustry, The Hershey Co's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 EV-to-EBITDA vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, The Hershey Co's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where The Hershey Co's EV-to-EBITDA falls into.
The Hershey Co's current Enterprise Value is €36,514 Mil.
The Hershey Co's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €2,306 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 (FRA:HSY) has a EV-to-EBITDA of 15.83 as of Aug. 13, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on The Hershey Co. This is 14% below median its historical median of 18.32. Over the past decade, The Hershey Co's EV-to-EBITDA has ranged from 11.28 to 27.25. According to the industry distribution chart, The Hershey Co ranks #1212 out of 1644 companies in the Consumer Packaged Goods industry, placing it in the top 73.7%.
Is The Hershey Co's EV-to-EBITDA too high?
The Hershey Co's current EV-to-EBITDA of 15.83 is 14% below median its 10-year median of 18.32. Over the past 10 years, this metric has ranged from a low of 11.28 to a high of 27.25. The Consumer Packaged Goods industry median EV-to-EBITDA is 9.09. The Hershey Co's value of 15.83 is 74.1% above this industry median. Based on the distribution chart, The Hershey Co ranks #1212 out of 1644 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, The Hershey Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Hershey Co's EV-to-EBITDA compare to TR and SOWG?
According to the Consumer Packaged Goods industry distribution chart, The Hershey Co ranks #1212 out of 1644 companies for EV-to-EBITDA. This places The Hershey Co in the lower half of its industry. The industry median EV-to-EBITDA is 9.09. The Hershey Co's value of 15.83 is 74.1% above this benchmark. Historically, The Hershey Co's own EV-to-EBITDA has ranged from 11.28 to 27.25 over the past decade. While the company's 10-year median is 18.32 vs. the industry median of 9.09, The Hershey Co 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-EBITDA for a Consumer Packaged Goods company?
The median EV-to-EBITDA among Consumer Packaged Goods companies is 9.09, based on 1,644 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Hershey Co's current EV-to-EBITDA of 15.83 is 74.1% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on The Hershey Co. For the Consumer Packaged Goods industry, the median EV-to-EBITDA is 9.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Hershey Co's current EV-to-EBITDA is 15.83, which is 14% below median its own 10-year median of 18.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Hershey Co stock overvalued right now?
Based on GuruFocus' analysis, The Hershey Co (FRA:HSY) is currently considered Modestly Undervalued. The stock's GF Value™ is €176.18, compared to a current price of €157.05 — trading 10.9% below its estimated fair value. The current EV-to-EBITDA is 15.83, which is 14% below median its 10-year median of 18.32 and 74.1% above the Consumer Packaged Goods industry median of 9.09. The Hershey Co's overall GF Score™ is 75/100 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For The Hershey Co (FRA:HSY), the current EV-to-EBITDA is 15.83 as of Aug. 13, 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 The Hershey Co (FRA:HSY) Overvalued in 2026?
Based on GuruFocus' analysis, The Hershey Co stock appears to be undervalued.
The current stock price of €157.05 is trading 10.9% below its estimated GF Value™ of €176.18.
GuruFocus considers The Hershey Co to be Modestly Undervalued.
Key valuation signals for FRA:HSY:
EV-to-EBITDA: 15.83 (14% below median its 10-year median of 18.32)
GF Value™: €176.18 vs. price of €157.05 (10.9% below fair value)
Industry Position: 74.1% above the Consumer Packaged Goods median (#1212 of 1644)
No single metric tells the full story. See the FRA:HSY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hershey is a leading US confectionery manufacturer (around a $55 billion market, according to Euromonitor), controlling 35% of the domestic chocolate aisle. Beyond its namesake label, the firm's portfolio has expanded over the last 85 years and now comprises 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 US, including Brazil, India, and Mexico. The firm has sought inorganic opportunities to extend its reach beyond its core confectionery business, adding Amplify Snack Brands and its Skinny Pop ready-to-eat popcorn to its portfolio, as well as Pirate Brands, Dot's Pretzels, and LesserEvil over the past few years.
75GF Score
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EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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