Hormel Foods (MEX:HRL) EV-to-OCF: 11.92 (As of Sep. 16, 2026) — 39% Below Median

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MEX:HRL Hormel Foods Corp MEX:HRL
48 GF Score
Price MXN361.82
GF Value MXN505.20
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Hormel Foods EV-to-OCF?

Hormel Foods MEX:HRL 48 EV-to-OCF is 11.92 as of Sep. 16, 2026, which is 39% below its 10-year median of 19.50. GuruFocus rates MEX:HRL with a GF Score™ of 48/100 and a GF Value™ of MXN505.20 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 2,000 Consumer Packaged Goods companies, Hormel Foods ranks worse than 65.55% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Hormel Foods's Enterprise Value is MXN230,584 Mil. Hormel Foods's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jul. 2026 was MXN19,350 Mil. Therefore, Hormel Foods's EV-to-OCF for today is 11.92.

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

MEX:HRL' s EV-to-OCF Range Over the Past 10 Years
Min: 12.2   Med: 19.5   Max: 41.31
Current: 12.2

During the past 13 years, the highest EV-to-OCF of Hormel Foods was 41.31. The lowest was 12.20. And the median was 19.50.

MEX:HRL's EV-to-OCF is ranked worse than
65.55% of 2000 companies
in the Consumer Packaged Goods industry
Industry Median: 7.91 vs MEX:HRL: 12.20

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 (2026-09-16), Hormel Foods's stock price is MXN361.82. Hormel Foods's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jul. 2026 was MXN10.951. Therefore, Hormel Foods's PE Ratio (TTM) for today is 33.04.


Hormel Foods  (MEX:HRL) 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.

Hormel Foods's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=361.82/10.951
=33.04

Hormel Foods's share price for today is MXN361.82.
Hormel Foods's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jul. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN10.951.

* 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.


Hormel Foods EV-to-OCF Related Terms


Hormel Foods EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Hormel Foods'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.

Hormel Foods EV-to-OCF Chart

Hormel Foods Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.60 24.39 19.42 14.89 16.62

Hormel Foods Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
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 17.76 18.30 17.18 13.89 14.50

MEX:HRL vs DAR, SJM, JBS: EV-to-OCF Comparison

For the Packaged Foods subindustry, Hormel Foods'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.


Hormel Foods EV-to-OCF vs Consumer Packaged Goods Industry

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

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


MEX:HRL
48GF Score
Hormel Foods Corp MEX:HRL
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hormel Foods EV-to-OCF Calculation

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

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=230584.096/19349.724
=11.92

Hormel Foods's current Enterprise Value is MXN230,584 Mil.
Hormel Foods's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jul. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN19,350 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 11.92 mean?
Hormel Foods (MEX:HRL) has a EV-to-OCF of 11.92 as of Sep. 16, 2026. This is 39% below median its historical median of 19.50. Over the past decade, Hormel Foods' EV-to-OCF has ranged from 12.20 to 41.31. According to the industry distribution chart, Hormel Foods ranks #1311 out of 2000 companies in the Consumer Packaged Goods industry, placing it in the top 65.5%.
Is Hormel Foods' EV-to-OCF too high?
Hormel Foods' current EV-to-OCF of 11.92 is 39% below median its 10-year median of 19.50. Over the past 10 years, this metric has ranged from a low of 12.20 to a high of 41.31. The Consumer Packaged Goods industry median EV-to-OCF is 7.91. Hormel Foods' value of 11.92 is 50.7% above this industry median. Based on the distribution chart, Hormel Foods ranks #1311 out of 2000 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Hormel Foods has a GF Score™ of 48/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hormel Foods' EV-to-OCF compare to DAR and SJM?
According to the Consumer Packaged Goods industry distribution chart, Hormel Foods ranks #1311 out of 2000 companies for EV-to-OCF. This places Hormel Foods in the lower half of its industry. The industry median EV-to-OCF is 7.91. Hormel Foods' value of 11.92 is 50.7% above this benchmark. Historically, Hormel Foods' own EV-to-OCF has ranged from 12.20 to 41.31 over the past decade. While the company's 10-year median is 19.50 vs. the industry median of 7.91, 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-OCF for a Consumer Packaged Goods company?
The median EV-to-OCF among Consumer Packaged Goods companies is 7.91, based on 2,000 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. Hormel Foods's current EV-to-OCF of 11.92 is 50.7% 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-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 7.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hormel Foods's current EV-to-OCF is 11.92, which is 39% below median its own 10-year median of 19.50. 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 (MEX:HRL) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN505.20, compared to a current price of MXN361.82 — trading 28.4% below its estimated fair value. The current EV-to-OCF is 11.92, which is 39% below median its 10-year median of 19.50 and 50.7% above the Consumer Packaged Goods industry median of 7.91. Hormel Foods' overall GF Score™ is 48/100 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 Hormel Foods (MEX:HRL), the current EV-to-OCF is 11.92 as of Sep. 16, 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 (MEX:HRL) Overvalued in 2026?

Based on GuruFocus' analysis, Hormel Foods stock appears to be undervalued. The current stock price of MXN361.82 is trading 28.4% below its estimated GF Value™ of MXN505.20. GuruFocus considers Hormel Foods to be Modestly Undervalued.

Key valuation signals for MEX:HRL:

  • EV-to-OCF: 11.92 (39% below median its 10-year median of 19.50)
  • GF Value™: MXN505.20 vs. price of MXN361.82 (28.4% below fair value)
  • GF Score™: 48/100 with 6 warning signs
  • Industry Position: 50.7% above the Consumer Packaged Goods median (#1311 of 2000)

No single metric tells the full story. See the MEX: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.
48GF Score

Get the complete analysis for MEX:HRL

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

MXN361.82
Price
MXN505.20
GF Value