MONDELEZ INTERNATIONAL INC-A (1MDLZ.MI) Stock Fundamental Analysis
BIT:1MDLZ - Borsa Italiana Milan - US6092071058 - Common Stock - Currency: EUR
Taking everything into account, 1MDLZ scores 5 out of 10 in our fundamental rating. 1MDLZ was compared to 60 industry peers in the Food Products industry. 1MDLZ scores excellent on profitability, but there are some minor concerns on its financial health. 1MDLZ has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
1MDLZ had positive earnings in the past year.
In the past year 1MDLZ had a positive cash flow from operations.
1MDLZ had positive earnings in each of the past 5 years.
Each year in the past 5 years 1MDLZ had a positive operating cash flow.
1.2 Ratios
1MDLZ's Return On Assets of 5.29% is fine compared to the rest of the industry. 1MDLZ outperforms 71.93% of its industry peers.
The Return On Equity of 1MDLZ (13.70%) is better than 75.44% of its industry peers.
1MDLZ's Return On Invested Capital of 8.68% is amongst the best of the industry. 1MDLZ outperforms 82.46% of its industry peers.
1MDLZ had an Average Return On Invested Capital over the past 3 years of 6.55%. This is in line with the industry average of 6.86%.
The 3 year average ROIC (6.55%) for 1MDLZ is below the current ROIC(8.68%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.29% | ||
| ROE | 13.7% | ||
| ROIC | 8.68% |
ROA(3y)5.72%
ROA(5y)5.7%
ROE(3y)14.27%
ROE(5y)14.03%
ROIC(3y)6.55%
ROIC(5y)6.31%
1.3 Margins
Looking at the Profit Margin, with a value of 10.56%, 1MDLZ belongs to the top of the industry, outperforming 85.96% of the companies in the same industry.
In the last couple of years the Profit Margin of 1MDLZ has remained more or less at the same level.
The Operating Margin of 1MDLZ (17.18%) is better than 84.21% of its industry peers.
In the last couple of years the Operating Margin of 1MDLZ has remained more or less at the same level.
With a Gross Margin value of 38.77%, 1MDLZ perfoms like the industry average, outperforming 56.14% of the companies in the same industry.
1MDLZ's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.18% | ||
| PM (TTM) | 10.56% | ||
| GM | 38.77% |
OM growth 3Y0.4%
OM growth 5Y0.42%
PM growth 3Y0.97%
PM growth 5Y1.49%
GM growth 3Y-0.93%
GM growth 5Y-0.86%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so 1MDLZ is still creating some value.
The number of shares outstanding for 1MDLZ has been reduced compared to 1 year ago.
1MDLZ has less shares outstanding than it did 5 years ago.
The debt/assets ratio for 1MDLZ has been reduced compared to a year ago.
2.2 Solvency
1MDLZ has an Altman-Z score of 2.38. This is not the best score and indicates that 1MDLZ is in the grey zone with still only limited risk for bankruptcy at the moment.
1MDLZ's Altman-Z score of 2.38 is in line compared to the rest of the industry. 1MDLZ outperforms 56.14% of its industry peers.
1MDLZ has a debt to FCF ratio of 5.35. This is a neutral value as 1MDLZ would need 5.35 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 5.35, 1MDLZ is in the better half of the industry, outperforming 61.40% of the companies in the same industry.
A Debt/Equity ratio of 0.65 indicates that 1MDLZ is somewhat dependend on debt financing.
1MDLZ has a Debt to Equity ratio (0.65) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 5.35 | ||
| Altman-Z | 2.38 |
ROIC/WACC1.14
WACC7.62%
2.3 Liquidity
A Current Ratio of 0.63 indicates that 1MDLZ may have some problems paying its short term obligations.
1MDLZ has a Current ratio of 0.63. This is amonst the worse of the industry: 1MDLZ underperforms 94.74% of its industry peers.
A Quick Ratio of 0.42 indicates that 1MDLZ may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.42, 1MDLZ is doing worse than 85.96% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.63 | ||
| Quick Ratio | 0.42 |
3. Growth
3.1 Past
1MDLZ shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 13.75%, which is quite good.
1MDLZ shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.38% yearly.
The Revenue has been growing slightly by 2.13% in the past year.
1MDLZ shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.79% yearly.
EPS 1Y (TTM)13.75%
EPS 3Y8.1%
EPS 5Y6.38%
EPS Q2Q%20.73%
Revenue 1Y (TTM)2.13%
Revenue growth 3Y10.66%
Revenue growth 5Y6.79%
Sales Q2Q%1.94%
3.2 Future
The Earnings Per Share is expected to grow by 5.87% on average over the next years.
The Revenue is expected to grow by 4.00% on average over the next years.
EPS Next Y7.5%
EPS Next 2Y2.44%
EPS Next 3Y5.59%
EPS Next 5Y5.87%
Revenue Next Year1.63%
Revenue Next 2Y2.92%
Revenue Next 3Y3.36%
Revenue Next 5Y4%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
1MDLZ is valuated correctly with a Price/Earnings ratio of 15.78.
1MDLZ's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 28.47, 1MDLZ is valued a bit cheaper.
The Price/Forward Earnings ratio is 16.52, which indicates a correct valuation of 1MDLZ.
Compared to the rest of the industry, the Price/Forward Earnings ratio of 1MDLZ is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 92.74. 1MDLZ is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.78 | ||
| Fwd PE | 16.52 |
4.2 Price Multiples
64.91% of the companies in the same industry are cheaper than 1MDLZ, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of 1MDLZ is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.74 | ||
| EV/EBITDA | 12.48 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
1MDLZ has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)2.1
PEG (5Y)2.47
EPS Next 2Y2.44%
EPS Next 3Y5.59%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.16%, 1MDLZ has a reasonable but not impressive dividend return.
1MDLZ's Dividend Yield is a higher than the industry average which is at 3.24.
Compared to an average S&P500 Dividend Yield of 2.28, 1MDLZ pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.16% |
5.2 History
On average, the dividend of 1MDLZ grows each year by 11.47%, which is quite nice.
Dividend Growth(5Y)11.47%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
1MDLZ pays out 60.30% of its income as dividend. This is not a sustainable payout ratio.
The dividend of 1MDLZ is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP60.3%
EPS Next 2Y2.44%
EPS Next 3Y5.59%
MONDELEZ INTERNATIONAL INC-A
BIT:1MDLZ (1/27/2025, 7:00:00 PM)
55.53
-1.32 (-2.32%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners83.81%
Inst Owner ChangeN/A
Ins Owners0.14%
Ins Owner ChangeN/A
Market Cap74.25B
Analysts81.21
Price Target76.48 (37.73%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.16% |
Yearly Dividend1.59
Dividend Growth(5Y)11.47%
DP60.3%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)10.63%
Min EPS beat(2)6.99%
Max EPS beat(2)14.26%
EPS beat(4)4
Avg EPS beat(4)8.06%
Min EPS beat(4)5.03%
Max EPS beat(4)14.26%
EPS beat(8)8
Avg EPS beat(8)6.74%
EPS beat(12)11
Avg EPS beat(12)5.89%
EPS beat(16)12
Avg EPS beat(16)4.79%
Revenue beat(2)0
Avg Revenue beat(2)-2.12%
Min Revenue beat(2)-3.26%
Max Revenue beat(2)-0.99%
Revenue beat(4)0
Avg Revenue beat(4)-1.69%
Min Revenue beat(4)-3.26%
Max Revenue beat(4)-0.6%
Revenue beat(8)4
Avg Revenue beat(8)0.42%
Revenue beat(12)7
Avg Revenue beat(12)1.06%
Revenue beat(16)10
Avg Revenue beat(16)0.97%
PT rev (1m)0.91%
PT rev (3m)7.07%
EPS NQ rev (1m)-21.09%
EPS NQ rev (3m)-21.09%
EPS NY rev (1m)-0.21%
EPS NY rev (3m)-0.17%
Revenue NQ rev (1m)-0.57%
Revenue NQ rev (3m)-0.57%
Revenue NY rev (1m)-0.01%
Revenue NY rev (3m)0.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.78 | ||
| Fwd PE | 16.52 | ||
| P/S | 2.12 | ||
| P/FCF | 20.74 | ||
| P/OCF | 15.3 | ||
| P/B | 2.76 | ||
| P/tB | N/A | ||
| EV/EBITDA | 12.48 |
EPS(TTM)3.52
EY6.34%
EPS(NY)3.36
Fwd EY6.05%
FCF(TTM)2.68
FCFY4.82%
OCF(TTM)3.63
OCFY6.53%
SpS26.16
BVpS20.16
TBVpS-11.13
PEG (NY)2.1
PEG (5Y)2.47
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.29% | ||
| ROE | 13.7% | ||
| ROCE | 12.15% | ||
| ROIC | 8.68% | ||
| ROICexc | 8.94% | ||
| ROICexgc | 58.15% | ||
| OM | 17.18% | ||
| PM (TTM) | 10.56% | ||
| GM | 38.77% | ||
| FCFM | 10.24% |
ROA(3y)5.72%
ROA(5y)5.7%
ROE(3y)14.27%
ROE(5y)14.03%
ROIC(3y)6.55%
ROIC(5y)6.31%
ROICexc(3y)6.86%
ROICexc(5y)6.61%
ROICexgc(3y)39.94%
ROICexgc(5y)36.4%
ROCE(3y)9.04%
ROCE(5y)8.75%
ROICexcg growth 3Y17.96%
ROICexcg growth 5Y12.82%
ROICexc growth 3Y9.68%
ROICexc growth 5Y5.98%
OM growth 3Y0.4%
OM growth 5Y0.42%
PM growth 3Y0.97%
PM growth 5Y1.49%
GM growth 3Y-0.93%
GM growth 5Y-0.86%
F-Score8
Asset Turnover0.5
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 5.35 | ||
| Debt/EBITDA | 2.4 | ||
| Cap/Depr | 102.34% | ||
| Cap/Sales | 3.63% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 66.92% | ||
| Profit Quality | 96.99% | ||
| Current Ratio | 0.63 | ||
| Quick Ratio | 0.42 | ||
| Altman-Z | 2.38 |
F-Score8
WACC7.62%
ROIC/WACC1.14
Cap/Depr(3y)86.69%
Cap/Depr(5y)85.15%
Cap/Sales(3y)3.11%
Cap/Sales(5y)3.23%
Profit Quality(3y)85.66%
Profit Quality(5y)84.32%
High Growth Momentum
Growth
EPS 1Y (TTM)13.75%
EPS 3Y8.1%
EPS 5Y6.38%
EPS Q2Q%20.73%
EPS Next Y7.5%
EPS Next 2Y2.44%
EPS Next 3Y5.59%
EPS Next 5Y5.87%
Revenue 1Y (TTM)2.13%
Revenue growth 3Y10.66%
Revenue growth 5Y6.79%
Sales Q2Q%1.94%
Revenue Next Year1.63%
Revenue Next 2Y2.92%
Revenue Next 3Y3.36%
Revenue Next 5Y4%
EBIT growth 1Y14.62%
EBIT growth 3Y11.1%
EBIT growth 5Y7.23%
EBIT Next Year28.06%
EBIT Next 3Y11.18%
EBIT Next 5Y9.13%
FCF growth 1Y23.78%
FCF growth 3Y5.12%
FCF growth 5Y4.77%
OCF growth 1Y27.38%
OCF growth 3Y5.95%
OCF growth 5Y3.61%