The Hershey Co (BUE:HSY) EV-to-OCF: 2.46 (As of Sep. 21, 2026) — 88% Below Median

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BUE:HSY The Hershey Co BUE:HSY
69 GF Score
Price ARS12,940.00
GF Value ARS13,944.12
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is The Hershey Co EV-to-OCF?

The Hershey Co BUE:HSY +0.86% 69 EV-to-OCF is 2.46 as of Sep. 21, 2026, which is 88% below its 10-year median of 20.37. GuruFocus rates BUE:HSY with a GF Score™ of 69/100 and a GF Value™ of ARS13,944.12 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,001 Consumer Packaged Goods companies, The Hershey Co ranks worse than 71.01% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, The Hershey Co's Enterprise Value is ARS8,609,774 Mil. The Hershey Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was ARS3,500,453 Mil. Therefore, The Hershey Co's EV-to-OCF for today is 2.46.

The historical rank and industry rank for The Hershey Co's EV-to-OCF or its related term are showing as below:

BUE:HSY' s EV-to-OCF Range Over the Past 10 Years
Min: 13.83   Med: 20.37   Max: 30.92
Current: 15.04

During the past 13 years, the highest EV-to-OCF of The Hershey Co was 30.92. The lowest was 13.83. And the median was 20.37.

BUE:HSY's EV-to-OCF is ranked worse than
71.01% of 2001 companies
in the Consumer Packaged Goods industry
Industry Median: 8.07 vs BUE:HSY: 15.04

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.

As of today (2026-09-21), The Hershey Co's stock price is ARS12940.00. The Hershey Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ARS457.072. Therefore, The Hershey Co's PE Ratio (TTM) for today is 28.31.


The Hershey Co  (BUE:HSY) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=12940.00/457.072
=28.31

The Hershey Co's share price for today is ARS12940.00.
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 ARS457.072.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


The Hershey Co EV-to-OCF Related Terms


The Hershey Co EV-to-OCF Historical Data

* Premium members only.

The historical data trend for The Hershey Co's EV-to-OCF 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.

The Hershey Co EV-to-OCF Chart

The Hershey Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.72 10.41 60.29 19.61 22.31

The Hershey Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-OCF 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 22.57 25.15 22.55 23.16 22.41

BUE:HSY vs TR, SOWG, RMCF: EV-to-OCF Comparison

For the Confectioners subindustry, The Hershey Co's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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-OCF vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Hershey Co's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where The Hershey Co's EV-to-OCF falls into.


BUE:HSY
69GF Score
The Hershey Co BUE:HSY
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Hershey Co EV-to-OCF Calculation

The Hershey Co's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=8609774.360/3500452.8344233
=2.46

The Hershey Co's current Enterprise Value is ARS8,609,774 Mil.
The Hershey Co's Cash Flow from Operations 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 ARS3,500,453 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-OCF →
What does a EV-to-OCF of 2.46 mean?
The Hershey Co (BUE:HSY) has a EV-to-OCF of 2.46 as of Sep. 21, 2026. This is 88% below median its historical median of 20.37. Over the past decade, The Hershey Co's EV-to-OCF has ranged from 13.83 to 30.92. According to the industry distribution chart, The Hershey Co ranks #1421 out of 2001 companies in the Consumer Packaged Goods industry, placing it in the top 71%.
Is The Hershey Co's EV-to-OCF too high?
The Hershey Co's current EV-to-OCF of 2.46 is 88% below median its 10-year median of 20.37. Over the past 10 years, this metric has ranged from a low of 13.83 to a high of 30.92. The Consumer Packaged Goods industry median EV-to-OCF is 8.07. The Hershey Co's value of 2.46 is 69.5% below this industry median. Based on the distribution chart, The Hershey Co ranks #1421 out of 2001 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, The Hershey Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does The Hershey Co's EV-to-OCF compare to TR and SOWG?
According to the Consumer Packaged Goods industry distribution chart, The Hershey Co ranks #1421 out of 2001 companies for EV-to-OCF. This places The Hershey Co in the lower half of its industry. The industry median EV-to-OCF is 8.07. The Hershey Co's value of 2.46 is 69.5% below this benchmark. Historically, The Hershey Co's own EV-to-OCF has ranged from 13.83 to 30.92 over the past decade. While the company's 10-year median is 20.37 vs. the industry median of 8.07, The Hershey Co has consistently been below 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-OCF for a Consumer Packaged Goods company?
The median EV-to-OCF among Consumer Packaged Goods companies is 8.07, based on 2,001 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Hershey Co's current EV-to-OCF of 2.46 is 69.5% below 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Consumer Packaged Goods industry, the median EV-to-OCF is 8.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Hershey Co's current EV-to-OCF is 2.46, which is 88% below median its own 10-year median of 20.37. 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 (BUE:HSY) is currently considered Fairly Valued. The stock's GF Value™ is ARS13,944.12, compared to a current price of ARS12,940.00 — trading 7.2% below its estimated fair value. The current EV-to-OCF is 2.46, which is 88% below median its 10-year median of 20.37 and 69.5% below the Consumer Packaged Goods industry median of 8.07. The Hershey Co's overall GF Score™ is 69/100 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-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For The Hershey Co (BUE:HSY), the current EV-to-OCF is 2.46 as of Sep. 21, 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 (BUE:HSY) Overvalued in 2026?

Based on GuruFocus' analysis, The Hershey Co stock appears to be undervalued. The current stock price of ARS12,940.00 is trading 7.2% below its estimated GF Value™ of ARS13,944.12. GuruFocus considers The Hershey Co to be Fairly Valued.

Key valuation signals for BUE:HSY:

  • EV-to-OCF: 2.46 (88% below median its 10-year median of 20.37)
  • GF Value™: ARS13,944.12 vs. price of ARS12,940.00 (7.2% below fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 69.5% below the Consumer Packaged Goods median (#1421 of 2001)

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


The Hershey Co Business Description

Address 19 East Chocolate Avenue, Hershey, PA, USA, 17033
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.
69GF Score

Get the complete analysis for BUE:HSY

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

ARS12,940.00
Price
ARS13,944.12
GF Value