The Hershey Co (MEX:HSY) Enterprise Value: MXN720,624 Mil (As of Jun. 28, 2026) ***


MEX:HSY The Hershey Co MEX:HSY
74 GF Score
Price MXN3,090.00
GF Value MXN3,649.31
Valuation Modestly Undervalued
! 6 Warning Signs
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What is The Hershey Co Enterprise Value?

The Hershey Co MEX:HSY 74 Enterprise Value is MXN720,624 Mil as of Jun. 28, 2026. GuruFocus rates MEX:HSY with a GF Score™ of 74/100 and a GF Value™ of MXN3,649.31 (Modestly Undervalued). 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, The Hershey Co's Enterprise Value is MXN720,624 Mil. The Hershey Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was MXN31,163 Mil. Therefore, The Hershey Co's EV-to-EBIT ratio for today is 23.12.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, The Hershey Co's Enterprise Value is MXN720,624 Mil. The Hershey Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was MXN40,623 Mil. Therefore, The Hershey Co's EV-to-EBITDA ratio for today is 17.74.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, The Hershey Co's Enterprise Value is MXN720,624 Mil. The Hershey Co's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was MXN219,226 Mil. Therefore, The Hershey Co's EV-to-Revenue ratio for today is 3.29.

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 MXN720,624 Mil. The Hershey Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was MXN42,694 Mil. Therefore, The Hershey Co's EV-to-OCF ratio for today is 16.88.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, The Hershey Co's Enterprise Value is MXN720,624 Mil. The Hershey Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was MXN33,577 Mil. Therefore, The Hershey Co's EV-to-FCF ratio for today is 21.46.

*** 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.


The Hershey Co  (MEX:HSY) 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.

The Hershey Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=720623.536/31162.697
=23.12

The Hershey Co's current Enterprise Value is MXN720,624 Mil.
The Hershey Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN31,163 Mil.

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

The Hershey Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=720623.536/40622.971
=17.74

The Hershey Co's current Enterprise Value is MXN720,624 Mil.
The Hershey Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN40,623 Mil.

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

The Hershey Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=720623.536/219226.125
=3.29

The Hershey Co's current Enterprise Value is MXN720,624 Mil.
The Hershey Co's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN219,226 Mil.

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

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

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=720623.536/42694.286
=16.88

The Hershey Co's current Enterprise Value is MXN720,624 Mil.
The Hershey Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN42,694 Mil.

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

The Hershey Co's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=720623.536/33577.376
=21.46

The Hershey Co's current Enterprise Value is MXN720,624 Mil.
The Hershey Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN33,577 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 Enterprise Value Related Terms


The Hershey Co Enterprise Value Historical Data

* Premium members only.

The historical data trend for The Hershey Co'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.

The Hershey Co Enterprise Value Chart

The Hershey Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 880,804.58 1,046,692.94 722,997.41 782,426.87 793,553.72

The Hershey Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 962,019.12 767,613.86 766,722.32 793,553.72 857,416.59

MEX:HSY vs TR, MDLZ, SOWG: Enterprise Value Comparison

For the Confectioners subindustry, The Hershey Co'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.


The Hershey Co Enterprise Value vs Consumer Packaged Goods Industry

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

* The bar in red indicates where The Hershey Co's Enterprise Value falls into.


MEX:HSY
74GF Score
The Hershey Co MEX:HSY
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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The Hershey Co 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.

The Hershey Co's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

The Hershey Co's Enterprise Value for the quarter that ended in Mar. 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 MXN720,624 Mil mean?
The Hershey Co (MEX:HSY) has a Enterprise Value of MXN720,624 Mil as of Jun. 28, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on The Hershey Co and its competitors.
Is The Hershey Co's Enterprise Value too high?
The Hershey Co's current Enterprise Value is MXN720,624 Mil. Overall, The Hershey Co has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Hershey Co's Enterprise Value compare to TR and MDLZ?
The Hershey Co's Enterprise Value of MXN720,624 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 The Hershey Co and its competitors. The Hershey Co's current Enterprise Value is MXN720,624 Mil. 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 (MEX:HSY) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN3,649.31, compared to a current price of MXN3,090.00 — trading 15.3% below its estimated fair value. The current Enterprise Value is MXN720,624 Mil. The Hershey Co's overall GF Score™ is 74/100 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 The Hershey Co (MEX:HSY), the current Enterprise Value is MXN720,624 Mil as of Jun. 28, 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 (MEX:HSY) Overvalued in 2026?

Based on GuruFocus' analysis, The Hershey Co stock appears to be undervalued. The current stock price of MXN3,090.00 is trading 15.3% below its estimated GF Value™ of MXN3,649.31. GuruFocus considers The Hershey Co to be Modestly Undervalued.

Key valuation signals for MEX:HSY:

  • Enterprise Value: MXN720,624 Mil
  • GF Value™: MXN3,649.31 vs. price of MXN3,090.00 (15.3% below fair value)
  • GF Score™: 74/100 with 6 warning signs

No single metric tells the full story. See the MEX: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.
74GF Score

Get the complete analysis for MEX:HSY

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

MXN3,090.00
Price
MXN3,649.31
GF Value