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, Hormel Foods's Enterprise Value is $16,600 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 ratio for today is 22.62.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Hormel Foods's Enterprise Value is $16,600 Mil.
Hormel Foods's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 was $1,004 Mil. Therefore, Hormel Foods's EV-to-EBITDA ratio for today is 16.54.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Hormel Foods's Enterprise Value is $16,600 Mil.
Hormel Foods's Revenue for the trailing twelve months (TTM) ended in Apr. 2026 was $12,218 Mil. Therefore, Hormel Foods's EV-to-Revenue ratio for today is 1.36.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Hormel Foods's Enterprise Value is $16,600 Mil.
Hormel Foods's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 was $693 Mil. Therefore, Hormel Foods's EV-to-FCF ratio for today is 23.96.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Hormel Foods (NYSE:HRL) 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.
Hormel Foods's current Enterprise Value is $16,600 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.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Hormel Foods's current Enterprise Value is $16,600 Mil.
Hormel Foods's EBITDA 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 $1,004 Mil.
Hormel Foods's current Enterprise Value is $16,600 Mil.
Hormel Foods's Revenue 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 $12,218 Mil.
Hormel Foods's current Enterprise Value is $16,600 Mil.
Hormel Foods's Cash Flow from Operations 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 $1,008 Mil.
Hormel Foods's current Enterprise Value is $16,600 Mil.
Hormel Foods's Free Cash Flow 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 $693 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 Enterprise Value Related Terms
Hormel Foods Enterprise Value Historical Data
* Premium members only.
The historical data trend for Hormel Foods'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.
For the Packaged Foods subindustry, Hormel Foods'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.
Hormel Foods Enterprise Value vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Hormel Foods's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Hormel Foods's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Hormel Foods's Enterprise Value for the fiscal year that ended in Oct. 2025 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.
Hormel Foods (HRL) has a Enterprise Value of $16,600 Mil as of Jun. 27, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Hormel Foods and its competitors.
Is Hormel Foods' Enterprise Value too high?
Hormel Foods' current Enterprise Value is $16,600 Mil. Overall, Hormel Foods has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hormel Foods' Enterprise Value compare to MKC and JBS?
Hormel Foods' Enterprise Value of $16,600 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Consumer Packaged Goods company?
A good Enterprise Value depends on the Consumer Packaged Goods industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Hormel Foods and its competitors. Hormel Foods's current Enterprise Value is $16,600 Mil. 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 $31.22, compared to a current price of $26.51 — trading 15.1% below its estimated fair value. The current Enterprise Value is $16,600 Mil. Hormel Foods' overall GF Score™ is 64/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Hormel Foods (HRL), the current Enterprise Value is $16,600 Mil as of Jun. 27, 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 $26.51 is trading 15.1% below its estimated GF Value™ of $31.22.
GuruFocus considers Hormel Foods to be Modestly Undervalued.
Key valuation signals for HRL:
Enterprise Value: $16,600 Mil
GF Value™: $31.22 vs. price of $26.51 (15.1% below fair value)
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.
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.
64GF Score
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