The Hershey CoMEX:HSY 74 ROE % is 37.17% as of Mar. 2026, which is 40% below its 10-year median of 61.78. GuruFocus rates MEX:HSY with a GF Score™ of 74/100 and a GF Value™ of MXN3,699.50 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,916 Consumer Packaged Goods companies, The Hershey Co ranks better than 89.2% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. The Hershey Co's annualized net income for the quarter that ended in Mar. 2026 was MXN31,384 Mil. The Hershey Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was MXN84,426 Mil. Therefore, The Hershey Co's annualized ROE % for the quarter that ended in Mar. 2026 was 37.17%.
The historical rank and industry rank for The Hershey Co's ROE % or its related term are showing as below:
MEX:HSY'
s ROE % Range Over the Past 10 Years
Min: 18.89 Med: 61.78 Max: 101.77
Current: 23.65
During the past 13 years, The Hershey Co's highest ROE % was 101.77%. The lowest was 18.89%. And the median was 61.78%.
MEX:HSY's ROE % is ranked better than 89.2% of 1916
companies
in the Consumer Packaged Goods industry
Industry Median: 6.72
vs MEX:HSY: 23.65
The Hershey Co (MEX:HSY) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
The Hershey Co ROE % Related Terms
The Hershey Co ROE % Historical Data
* Premium members only.
The historical data trend for The Hershey Co's ROE % 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 Confectioners subindustry, The Hershey Co's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, The Hershey Co's ROE % distribution charts can be found below:
* The bar in red indicates where The Hershey Co's ROE % falls into.
* 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.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
The Hershey Co (MEX:HSY) has a ROE % of 37.17% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on The Hershey Co and its competitors. This is 40% below median its historical median of 61.78. Over the past decade, The Hershey Co's ROE % has ranged from 18.89 to 101.77. According to the industry distribution chart, The Hershey Co ranks #207 out of 1916 companies in the Consumer Packaged Goods industry, placing it in the top 10.8%.
Is The Hershey Co's ROE % too high?
The Hershey Co's current ROE % of 37.17% is 40% below median its 10-year median of 61.78. Over the past 10 years, this metric has ranged from a low of 18.89 to a high of 101.77. The Consumer Packaged Goods industry median ROE % is 6.72. The Hershey Co's value of 37.17% is 453.1% above this industry median. Based on the distribution chart, The Hershey Co ranks #207 out of 1916 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. 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 ROE % compare to TR and MDLZ?
According to the Consumer Packaged Goods industry distribution chart, The Hershey Co ranks #207 out of 1916 companies for ROE %. This places The Hershey Co in the top 11% of its industry — outperforming the majority of peers. The industry median ROE % is 6.72. The Hershey Co's value of 37.17% is 453.1% above this benchmark. Historically, The Hershey Co's own ROE % has ranged from 18.89 to 101.77 over the past decade. While the company's 10-year median is 61.78 vs. the industry median of 6.72, The Hershey Co 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 ROE % for a Consumer Packaged Goods company?
The median ROE % among Consumer Packaged Goods companies is 6.72, based on 1,916 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Hershey Co's current ROE % of 37.17% is 453.1% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on The Hershey Co and its competitors. For the Consumer Packaged Goods industry, the median ROE % is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Hershey Co's current ROE % is 37.17%, which is 40% below median its own 10-year median of 61.78. 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 MXN3,699.50, compared to a current price of MXN3,090.00 — trading 16.5% below its estimated fair value. The current ROE % is 37.17%, which is 40% below median its 10-year median of 61.78 and 453.1% above the Consumer Packaged Goods industry median of 6.72. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For The Hershey Co (MEX:HSY), the current ROE % is 37.17% as of Mar. 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 16.5% below its estimated GF Value™ of MXN3,699.50.
GuruFocus considers The Hershey Co to be Modestly Undervalued.
Key valuation signals for MEX:HSY:
ROE %: 37.17% (40% below median its 10-year median of 61.78)
GF Value™: MXN3,699.50 vs. price of MXN3,090.00 (16.5% below fair value)
Industry Position: 453.1% above the Consumer Packaged Goods median (#207 of 1916)
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.
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
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