Conagra Brands (FRA:CAO) Enterprise Value: €12,272 Mil (As of Jul. 17, 2026) ***

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.

FRA:CAO Conagra Brands Inc FRA:CAO
56 GF Score
Price €11.99
GF Value €20.62
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Conagra Brands Enterprise Value?

Conagra Brands FRA:CAO +3.32% 56 Enterprise Value is €12,272 Mil as of Jul. 17, 2026. GuruFocus rates FRA:CAO with a GF Score™ of 56/100 and a GF Value™ of €20.62 (Possible Value Trap). The stock has 6 warning signs investors should review.

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, Conagra Brands's Enterprise Value is €12,272 Mil. Conagra Brands's EBIT for the trailing twelve months (TTM) ended in May. 2026 was €-1,235 Mil. Therefore, Conagra Brands's EV-to-EBIT ratio for today is -9.94.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Conagra Brands's Enterprise Value is €12,272 Mil. Conagra Brands's EBITDA for the trailing twelve months (TTM) ended in May. 2026 was €-896 Mil. Therefore, Conagra Brands's EV-to-EBITDA ratio for today is -13.70.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Conagra Brands's Enterprise Value is €12,272 Mil. Conagra Brands's Revenue for the trailing twelve months (TTM) ended in May. 2026 was €9,664 Mil. Therefore, Conagra Brands's EV-to-Revenue ratio for today is 1.27.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Conagra Brands's Enterprise Value is €12,272 Mil. Conagra Brands's Cash Flow from Operations for the trailing twelve months (TTM) ended in May. 2026 was €1,197 Mil. Therefore, Conagra Brands's EV-to-OCF ratio for today is 10.25.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Conagra Brands's Enterprise Value is €12,272 Mil. Conagra Brands's Free Cash Flow for the trailing twelve months (TTM) ended in May. 2026 was €834 Mil. Therefore, Conagra Brands's EV-to-FCF ratio for today is 14.71.

*** 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.


Conagra Brands  (FRA:CAO) 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.

Conagra Brands's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=12271.900/-1234.836
=-9.94

Conagra Brands's current Enterprise Value is €12,272 Mil.
Conagra Brands's EBIT for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-1,235 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Conagra Brands's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=12271.900/-895.714
=-13.70

Conagra Brands's current Enterprise Value is €12,272 Mil.
Conagra Brands's EBITDA for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-896 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Conagra Brands's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=12271.900/9663.881
=1.27

Conagra Brands's current Enterprise Value is €12,272 Mil.
Conagra Brands's Revenue for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €9,664 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Conagra Brands's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=12271.900/1196.81
=10.25

Conagra Brands's current Enterprise Value is €12,272 Mil.
Conagra Brands's Cash Flow from Operations for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,197 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Conagra Brands's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=12271.900/834.249
=14.71

Conagra Brands's current Enterprise Value is €12,272 Mil.
Conagra Brands's Free Cash Flow for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €834 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.


Conagra Brands Enterprise Value Related Terms


Conagra Brands Enterprise Value Historical Data

* Premium members only.

The historical data trend for Conagra Brands'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.

Conagra Brands Enterprise Value Chart

Conagra Brands Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23,350.69 24,124.08 20,549.90 16,664.59 11,423.65

Conagra Brands Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Enterprise Value 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 16,664.59 14,263.90 13,921.25 13,886.22 11,423.65

FRA:CAO vs CPB, PPC, LW: Enterprise Value Comparison

For the Packaged Foods subindustry, Conagra Brands'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.


Conagra Brands Enterprise Value vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Conagra Brands's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Conagra Brands's Enterprise Value falls into.


FRA:CAO
56GF Score
Conagra Brands Inc FRA:CAO
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Conagra Brands Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Conagra Brands's Enterprise Value for the fiscal year that ended in May. 2026 is calculated as

Conagra Brands's Enterprise Value for the quarter that ended in May. 2026 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of €12,272 Mil mean?
Conagra Brands (FRA:CAO) has a Enterprise Value of €12,272 Mil as of Jul. 17, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Conagra Brands and its competitors.
Is Conagra Brands' Enterprise Value too high?
Conagra Brands' current Enterprise Value is €12,272 Mil. Overall, Conagra Brands has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Conagra Brands' Enterprise Value compare to CPB and PPC?
Conagra Brands' Enterprise Value of €12,272 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 Conagra Brands and its competitors. Conagra Brands's current Enterprise Value is €12,272 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Conagra Brands stock overvalued right now?
Based on GuruFocus' analysis, Conagra Brands (FRA:CAO) is currently considered Possible Value Trap. The stock's GF Value™ is €20.62, compared to a current price of €11.99 — trading 41.9% below its estimated fair value. The current Enterprise Value is €12,272 Mil. Conagra Brands' overall GF Score™ is 56/100 with 6 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 Conagra Brands (FRA:CAO), the current Enterprise Value is €12,272 Mil as of Jul. 17, 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 Conagra Brands (FRA:CAO) Overvalued in 2026?

Based on GuruFocus' analysis, Conagra Brands stock appears to be undervalued. The current stock price of €11.99 is trading 41.9% below its estimated GF Value™ of €20.62. GuruFocus considers Conagra Brands to be Possible Value Trap.

Key valuation signals for FRA:CAO:

  • Enterprise Value: €12,272 Mil
  • GF Value™: €20.62 vs. price of €11.99 (41.9% below fair value)
  • GF Score™: 56/100 with 6 warning signs

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


Conagra Brands Business Description

Address 222 W. Merchandise Mart Plaza, Suite 1300, Chicago, IL, USA, 60654
Conagra Brands is a packaged food company that operates predominantly in the United States (91% of fiscal 2025 revenue). Most of its revenue comes from frozen food, including brands like Marie Callender's, Healthy Choice, Banquet, and Birds Eye. Conagra also sells snacks, shelf-stable staples, and refrigerated food through brands like Duncan Hines, Hunt's, Slim Jim, Vlasic, Orville Redenbacher's, Reddi-wip, and Wish-Bone. The company primarily sells through the US retail channel, with just 9% of fiscal 2025 revenue coming from international markets and 9% from foodservice.
56GF Score

Get the complete analysis for FRA:CAO

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

€11.99
Price
€20.62
GF Value