HERSHEY CO/THE (HSY.DE) Fundamental Analysis & Valuation

FRA:HSY • US4278661081

Current stock price

175.72 EUR
-10.66 (-5.72%)
Last:

This HSY.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

7

1. HSY.DE Profitability Analysis

1.1 Basic Checks

  • HSY had positive earnings in the past year.
  • HSY had a positive operating cash flow in the past year.
  • HSY had positive earnings in each of the past 5 years.
  • Each year in the past 5 years HSY had a positive operating cash flow.
HSY.DE Yearly Net Income VS EBIT VS OCF VS FCFHSY.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B 2.5B

1.2 Ratios

  • The Return On Assets of HSY (6.43%) is better than 75.41% of its industry peers.
  • Looking at the Return On Equity, with a value of 19.05%, HSY belongs to the top of the industry, outperforming 85.25% of the companies in the same industry.
  • HSY's Return On Invested Capital of 11.14% is amongst the best of the industry. HSY outperforms 88.52% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for HSY is significantly above the industry average of 7.13%.
  • The 3 year average ROIC (18.61%) for HSY is well above the current ROIC(11.14%). The reason for the recent decline needs to be investigated.
Industry RankSector Rank
ROA 6.43%
ROE 19.05%
ROIC 11.14%
ROA(3y)13.08%
ROA(5y)13.69%
ROE(3y)37.19%
ROE(5y)43%
ROIC(3y)18.61%
ROIC(5y)19.34%
HSY.DE Yearly ROA, ROE, ROICHSY.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60 80

1.3 Margins

  • HSY's Profit Margin of 7.55% is fine compared to the rest of the industry. HSY outperforms 73.77% of its industry peers.
  • HSY's Profit Margin has declined in the last couple of years.
  • HSY has a Operating Margin of 12.84%. This is amongst the best in the industry. HSY outperforms 83.61% of its industry peers.
  • In the last couple of years the Operating Margin of HSY has declined.
  • HSY has a Gross Margin (33.55%) which is in line with its industry peers.
  • HSY's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 12.84%
PM (TTM) 7.55%
GM 33.55%
OM growth 3Y-16.11%
OM growth 5Y-10.52%
PM growth 3Y-21.78%
PM growth 5Y-13.6%
GM growth 3Y-8.07%
GM growth 5Y-5.89%
HSY.DE Yearly Profit, Operating, Gross MarginsHSY.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40

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5

2. HSY.DE Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), HSY is creating value.
  • The number of shares outstanding for HSY has been increased compared to 1 year ago.
  • HSY has less shares outstanding than it did 5 years ago.
  • Compared to 1 year ago, HSY has an improved debt to assets ratio.
HSY.DE Yearly Shares OutstandingHSY.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M
HSY.DE Yearly Total Debt VS Total AssetsHSY.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B 10B

2.2 Solvency

  • An Altman-Z score of 4.53 indicates that HSY is not in any danger for bankruptcy at the moment.
  • HSY has a Altman-Z score of 4.53. This is amongst the best in the industry. HSY outperforms 90.16% of its industry peers.
  • HSY has a debt to FCF ratio of 3.09. This is a good value and a sign of high solvency as HSY would need 3.09 years to pay back of all of its debts.
  • The Debt to FCF ratio of HSY (3.09) is better than 86.89% of its industry peers.
  • HSY has a Debt/Equity ratio of 1.06. This is a high value indicating a heavy dependency on external financing.
  • HSY has a worse Debt to Equity ratio (1.06) than 77.05% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.06
Debt/FCF 3.09
Altman-Z 4.53
ROIC/WACC1.36
WACC8.22%
HSY.DE Yearly LT Debt VS Equity VS FCFHSY.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B

2.3 Liquidity

  • A Current Ratio of 1.19 indicates that HSY should not have too much problems paying its short term obligations.
  • HSY has a Current ratio of 1.19. This is comparable to the rest of the industry: HSY outperforms 40.98% of its industry peers.
  • HSY has a Quick Ratio of 1.19. This is a bad value and indicates that HSY is not financially healthy enough and could expect problems in meeting its short term obligations.
  • The Quick ratio of HSY (0.72) is worse than 65.57% of its industry peers.
Industry RankSector Rank
Current Ratio 1.19
Quick Ratio 0.72
HSY.DE Yearly Current Assets VS Current LiabilitesHSY.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. HSY.DE Growth Analysis

3.1 Past

  • The earnings per share for HSY have decreased strongly by -32.66% in the last year.
  • HSY shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 0.06% yearly.
  • HSY shows a small growth in Revenue. In the last year, the Revenue has grown by 4.38%.
  • HSY shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.49% yearly.
EPS 1Y (TTM)-32.66%
EPS 3Y-9.52%
EPS 5Y0.06%
EPS Q2Q%-36.43%
Revenue 1Y (TTM)4.38%
Revenue growth 3Y3.92%
Revenue growth 5Y7.49%
Sales Q2Q%7.05%

3.2 Future

  • The Earnings Per Share is expected to grow by 13.41% on average over the next years. This is quite good.
  • HSY is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.23% yearly.
EPS Next Y34.93%
EPS Next 2Y25.47%
EPS Next 3Y20.45%
EPS Next 5Y13.41%
Revenue Next Year5.68%
Revenue Next 2Y4.13%
Revenue Next 3Y3.73%
Revenue Next 5Y3.23%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
HSY.DE Yearly Revenue VS EstimatesHSY.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 5B 10B 15B
HSY.DE Yearly EPS VS EstimatesHSY.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 2 4 6 8 10

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3

4. HSY.DE Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 32.07, the valuation of HSY can be described as expensive.
  • Based on the Price/Earnings ratio, HSY is valued a bit more expensive than the industry average as 63.93% of the companies are valued more cheaply.
  • HSY is valuated rather expensively when we compare the Price/Earnings ratio to 26.21, which is the current average of the S&P500 Index.
  • Based on the Price/Forward Earnings ratio of 23.79, the valuation of HSY can be described as rather expensive.
  • 67.21% of the companies in the same industry are cheaper than HSY, based on the Price/Forward Earnings ratio.
  • The average S&P500 Price/Forward Earnings ratio is at 23.13. HSY is around the same levels.
Industry RankSector Rank
PE 32.07
Fwd PE 23.79
HSY.DE Price Earnings VS Forward Price EarningsHSY.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, HSY is valued a bit more expensive than the industry average as 73.77% of the companies are valued more cheaply.
  • HSY's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 23.47
EV/EBITDA 22.6
HSY.DE Per share dataHSY.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30 40 50

4.3 Compensation for Growth

  • HSY's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • The decent profitability rating of HSY may justify a higher PE ratio.
  • HSY's earnings are expected to grow with 20.45% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.92
PEG (5Y)504.87
EPS Next 2Y25.47%
EPS Next 3Y20.45%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

4

5. HSY.DE Dividend Analysis

5.1 Amount

  • HSY has a Yearly Dividend Yield of 2.72%. Purely for dividend investing, there may be better candidates out there.
  • HSY's Dividend Yield is a higher than the industry average which is at 2.95.
  • Compared to an average S&P500 Dividend Yield of 1.89, HSY pays a bit more dividend than the S&P500 average.
Industry RankSector Rank
Dividend Yield 2.72%

5.2 History

  • On average, the dividend of HSY grows each year by 11.76%, which is quite nice.
Dividend Growth(5Y)11.76%
Div Incr Years0
Div Non Decr Years0
HSY.DE Yearly Dividends per shareHSY.DE Yearly Dividends per shareYearly Dividends per share 2021 2022 2023 2024 2025 2026 1 2 3 4 5

5.3 Sustainability

  • HSY pays out 122.87% of its income as dividend. This is not a sustainable payout ratio.
  • HSY's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP122.87%
EPS Next 2Y25.47%
EPS Next 3Y20.45%
HSY.DE Yearly Income VS Free CF VS DividendHSY.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B
HSY.DE Dividend Payout.HSY.DE Dividend Payout, showing the Payout Ratio.HSY.DE Dividend Payout.PayoutRetained Earnings

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HSY.DE Fundamentals: All Metrics, Ratios and Statistics

HERSHEY CO/THE

FRA:HSY (4/2/2026, 7:00:00 PM)

175.72

-10.66 (-5.72%)

Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)02-05
Earnings (Next)04-23
Inst Owners88.65%
Inst Owner ChangeN/A
Ins Owners0.24%
Ins Owner ChangeN/A
Market Cap35.62B
Revenue(TTM)11.69B
Net Income(TTM)883.26M
Analysts67.59
Price Target195.22 (11.1%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.72%
Yearly Dividend4.65
Dividend Growth(5Y)11.76%
DP122.87%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)20.5%
Min EPS beat(2)20.39%
Max EPS beat(2)20.62%
EPS beat(4)4
Avg EPS beat(4)17.02%
Min EPS beat(4)6.26%
Max EPS beat(4)20.83%
EPS beat(8)6
Avg EPS beat(8)8.59%
EPS beat(12)10
Avg EPS beat(12)7.54%
EPS beat(16)14
Avg EPS beat(16)8.15%
Revenue beat(2)2
Avg Revenue beat(2)1.96%
Min Revenue beat(2)1.19%
Max Revenue beat(2)2.73%
Revenue beat(4)3
Avg Revenue beat(4)1.49%
Min Revenue beat(4)-0.59%
Max Revenue beat(4)2.73%
Revenue beat(8)5
Avg Revenue beat(8)-0.59%
Revenue beat(12)7
Avg Revenue beat(12)-0.46%
Revenue beat(16)11
Avg Revenue beat(16)0.73%
PT rev (1m)0%
PT rev (3m)16.92%
EPS NQ rev (1m)-0.13%
EPS NQ rev (3m)12.28%
EPS NY rev (1m)0%
EPS NY rev (3m)20.62%
Revenue NQ rev (1m)0.07%
Revenue NQ rev (3m)1.8%
Revenue NY rev (1m)-0.01%
Revenue NY rev (3m)2.03%
Valuation
Industry RankSector Rank
PE 32.07
Fwd PE 23.79
P/S 3.51
P/FCF 23.47
P/OCF 18.02
P/B 8.85
P/tB N/A
EV/EBITDA 22.6
EPS(TTM)5.48
EY3.12%
EPS(NY)7.39
Fwd EY4.2%
FCF(TTM)7.49
FCFY4.26%
OCF(TTM)9.75
OCFY5.55%
SpS50.05
BVpS19.85
TBVpS-5.08
PEG (NY)0.92
PEG (5Y)504.87
Graham Number49.47
Profitability
Industry RankSector Rank
ROA 6.43%
ROE 19.05%
ROCE 13.99%
ROIC 11.14%
ROICexc 12.17%
ROICexgc 29.05%
OM 12.84%
PM (TTM) 7.55%
GM 33.55%
FCFM 14.96%
ROA(3y)13.08%
ROA(5y)13.69%
ROE(3y)37.19%
ROE(5y)43%
ROIC(3y)18.61%
ROIC(5y)19.34%
ROICexc(3y)19.85%
ROICexc(5y)20.49%
ROICexgc(3y)42.97%
ROICexgc(5y)47.25%
ROCE(3y)25.08%
ROCE(5y)26.14%
ROICexgc growth 3Y-21.82%
ROICexgc growth 5Y-11.95%
ROICexc growth 3Y-19.39%
ROICexc growth 5Y-12.71%
OM growth 3Y-16.11%
OM growth 5Y-10.52%
PM growth 3Y-21.78%
PM growth 5Y-13.6%
GM growth 3Y-8.07%
GM growth 5Y-5.89%
F-Score4
Asset Turnover0.85
Health
Industry RankSector Rank
Debt/Equity 1.06
Debt/FCF 3.09
Debt/EBITDA 2.44
Cap/Depr 104.87%
Cap/Sales 4.52%
Interest Coverage 7.66
Cash Conversion 113.61%
Profit Quality 198.03%
Current Ratio 1.19
Quick Ratio 0.72
Altman-Z 4.53
F-Score4
WACC8.22%
ROIC/WACC1.36
Cap/Depr(3y)140.55%
Cap/Depr(5y)143.23%
Cap/Sales(3y)5.61%
Cap/Sales(5y)5.47%
Profit Quality(3y)122.7%
Profit Quality(5y)117.24%
High Growth Momentum
Growth
EPS 1Y (TTM)-32.66%
EPS 3Y-9.52%
EPS 5Y0.06%
EPS Q2Q%-36.43%
EPS Next Y34.93%
EPS Next 2Y25.47%
EPS Next 3Y20.45%
EPS Next 5Y13.41%
Revenue 1Y (TTM)4.38%
Revenue growth 3Y3.92%
Revenue growth 5Y7.49%
Sales Q2Q%7.05%
Revenue Next Year5.68%
Revenue Next 2Y4.13%
Revenue Next 3Y3.73%
Revenue Next 5Y3.23%
EBIT growth 1Y-49.96%
EBIT growth 3Y-12.82%
EBIT growth 5Y-3.82%
EBIT Next Year62.91%
EBIT Next 3Y25.58%
EBIT Next 5Y15.17%
FCF growth 1Y-9.17%
FCF growth 3Y-1.1%
FCF growth 5Y7.01%
OCF growth 1Y-10.04%
OCF growth 3Y-0.73%
OCF growth 5Y6.17%

HERSHEY CO/THE / HSY.DE Fundamental Analysis FAQ

What is the fundamental rating for HSY stock?

ChartMill assigns a fundamental rating of 5 / 10 to HSY.DE.


Can you provide the valuation status for HERSHEY CO/THE?

ChartMill assigns a valuation rating of 3 / 10 to HERSHEY CO/THE (HSY.DE). This can be considered as Overvalued.


How profitable is HERSHEY CO/THE (HSY.DE) stock?

HERSHEY CO/THE (HSY.DE) has a profitability rating of 7 / 10.


Can you provide the PE and PB ratios for HSY stock?

The Price/Earnings (PE) ratio for HERSHEY CO/THE (HSY.DE) is 32.07 and the Price/Book (PB) ratio is 8.85.


How financially healthy is HERSHEY CO/THE?

The financial health rating of HERSHEY CO/THE (HSY.DE) is 5 / 10.