HERSHEY CO/THE (HSY.DE) Stock Fundamental Analysis

FRA:HSY • US4278661081

187.72 EUR
+0.64 (+0.34%)
Last: Feb 20, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

5

Overall HSY gets a fundamental rating of 5 out of 10. We evaluated HSY against 59 industry peers in the Food Products industry. While HSY belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. HSY is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • In the past year HSY was profitable.
  • HSY had a positive operating cash flow in the past year.
  • In the past 5 years HSY has always been profitable.
  • HSY had a positive operating cash flow in 4 of the past 5 years.
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

  • Looking at the Return On Assets, with a value of 10.01%, HSY belongs to the top of the industry, outperforming 91.53% of the companies in the same industry.
  • HSY has a Return On Equity of 29.79%. This is amongst the best in the industry. HSY outperforms 96.61% of its industry peers.
  • HSY has a better Return On Invested Capital (15.26%) than 94.92% of its industry peers.
  • HSY had an Average Return On Invested Capital over the past 3 years of 18.51%. This is significantly above the industry average of 6.61%.
Industry RankSector Rank
ROA 10.01%
ROE 29.79%
ROIC 15.26%
ROA(3y)13.08%
ROA(5y)13.69%
ROE(3y)37.19%
ROE(5y)43%
ROIC(3y)18.51%
ROIC(5y)19.28%
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

  • Looking at the Profit Margin, with a value of 11.84%, HSY belongs to the top of the industry, outperforming 89.83% of the companies in the same industry.
  • HSY's Profit Margin has declined in the last couple of years.
  • Looking at the Operating Margin, with a value of 17.27%, HSY belongs to the top of the industry, outperforming 96.61% of the companies in the same industry.
  • In the last couple of years the Operating Margin of HSY has declined.
  • The Gross Margin of HSY (37.74%) is comparable to the rest of the industry.
  • In the last couple of years the Gross Margin of HSY has declined.
Industry RankSector Rank
OM 17.27%
PM (TTM) 11.84%
GM 37.74%
OM growth 3Y-16.84%
OM growth 5Y-10.98%
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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ROAROEROICOperating and Profit MarginShow most profitable peers

6

2. Health

2.1 Basic Checks

  • HSY has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
  • HSY has about the same amout of shares outstanding than it did 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 4.97 indicates that HSY is not in any danger for bankruptcy at the moment.
  • HSY has a better Altman-Z score (4.97) than 91.53% of its industry peers.
  • The Debt to FCF ratio of HSY is 3.05, which is a good value as it means it would take HSY, 3.05 years of fcf income to pay off all of its debts.
  • With an excellent Debt to FCF ratio value of 3.05, HSY belongs to the best of the industry, outperforming 84.75% of the companies in the same industry.
  • A Debt/Equity ratio of 1.07 is on the high side and indicates that HSY has dependencies on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 1.07, HSY is doing worse than 77.97% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 1.07
Debt/FCF 3.05
Altman-Z 4.97
ROIC/WACC1.89
WACC8.08%
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 1.36 indicates that HSY should not have too much problems paying its short term obligations.
  • With a Current ratio value of 1.36, HSY perfoms like the industry average, outperforming 55.93% of the companies in the same industry.
  • HSY has a Quick Ratio of 1.36. This is a bad value and indicates that HSY is not financially healthy enough and could expect problems in meeting its short term obligations.
  • Looking at the Quick ratio, with a value of 0.83, HSY is in line with its industry, outperforming 45.76% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.36
Quick Ratio 0.83
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. Growth

3.1 Past

  • The earnings per share for HSY have decreased strongly by -32.66% in the last year.
  • The Earnings Per Share has been growing slightly by 0.06% on average over the past years.
  • The Revenue has been growing slightly by 4.38% in the past year.
  • Measured over the past years, HSY shows a small growth in Revenue. The Revenue has been growing by 7.49% on average per year.
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

  • HSY is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 14.05% yearly.
  • The Revenue is expected to grow by 3.58% on average over the next years.
EPS Next Y14.4%
EPS Next 2Y15.84%
EPS Next 3Y12.12%
EPS Next 5Y14.05%
Revenue Next Year3.68%
Revenue Next 2Y3.27%
Revenue Next 3Y3.13%
Revenue Next 5Y3.58%

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.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
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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Find the best growth stocksShow best growing peers

2

4. Valuation

4.1 Price/Earnings Ratio

  • HSY is valuated quite expensively with a Price/Earnings ratio of 35.02.
  • 66.10% of the companies in the same industry are cheaper than HSY, based on the Price/Earnings ratio.
  • Compared to an average S&P500 Price/Earnings ratio of 26.64, HSY is valued a bit more expensive.
  • HSY is valuated quite expensively with a Price/Forward Earnings ratio of 30.60.
  • 71.19% 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 27.75. HSY is around the same levels.
Industry RankSector Rank
PE 35.02
Fwd PE 30.6
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

  • HSY's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. HSY is more expensive than 71.19% of the companies in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of HSY is on the same level as its industry peers.
Industry RankSector Rank
P/FCF 25.34
EV/EBITDA 19.69
HSY.DE Per share dataHSY.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30 40

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • The decent profitability rating of HSY may justify a higher PE ratio.
  • HSY's earnings are expected to grow with 12.12% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.43
PEG (5Y)551.43
EPS Next 2Y15.84%
EPS Next 3Y12.12%

More info and screens

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

5

5. Dividend

5.1 Amount

  • HSY has a Yearly Dividend Yield of 2.57%. 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 2.53.
  • HSY's Dividend Yield is a higher than the S&P500 average which is at 1.80.
Industry RankSector Rank
Dividend Yield 2.57%

5.2 History

  • The dividend of HSY is nicely growing with an annual growth rate of 12.83%!
Dividend Growth(5Y)12.83%
Div Incr Years1
Div Non Decr Years1
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

  • 79.75% of the earnings are spent on dividend by HSY. This is not a sustainable payout ratio.
  • The dividend of HSY is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP79.75%
EPS Next 2Y15.84%
EPS Next 3Y12.12%
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

More info and screens

Find the best dividend stocksShow peers with best dividend

HERSHEY CO/THE

FRA:HSY (2/20/2026, 7:00:00 PM)

187.72

+0.64 (+0.34%)

Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)02-05
Earnings (Next)04-29
Inst Owners89.13%
Inst Owner ChangeN/A
Ins Owners0.19%
Ins Owner ChangeN/A
Market Cap38.07B
Revenue(TTM)11.69B
Net Income(TTM)1.36B
Analysts67.59
Price Target168.32 (-10.33%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.57%
Yearly Dividend4.5
Dividend Growth(5Y)12.83%
DP79.75%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)20.61%
Min EPS beat(2)20.39%
Max EPS beat(2)20.83%
EPS beat(4)4
Avg EPS beat(4)14.92%
Min EPS beat(4)6.26%
Max EPS beat(4)20.83%
EPS beat(8)6
Avg EPS beat(8)6.32%
EPS beat(12)10
Avg EPS beat(12)6.89%
EPS beat(16)14
Avg EPS beat(16)7.08%
Revenue beat(2)2
Avg Revenue beat(2)1.9%
Min Revenue beat(2)1.19%
Max Revenue beat(2)2.62%
Revenue beat(4)3
Avg Revenue beat(4)0.97%
Min Revenue beat(4)-0.59%
Max Revenue beat(4)2.62%
Revenue beat(8)4
Avg Revenue beat(8)-1.28%
Revenue beat(12)7
Avg Revenue beat(12)-0.53%
Revenue beat(16)11
Avg Revenue beat(16)1.12%
PT rev (1m)0%
PT rev (3m)14.62%
EPS NQ rev (1m)0.19%
EPS NQ rev (3m)1.34%
EPS NY rev (1m)1.1%
EPS NY rev (3m)7.25%
Revenue NQ rev (1m)0.03%
Revenue NQ rev (3m)0.17%
Revenue NY rev (1m)0.17%
Revenue NY rev (3m)1.96%
Valuation
Industry RankSector Rank
PE 35.02
Fwd PE 30.6
P/S 3.9
P/FCF 25.34
P/OCF 19.54
P/B 9.81
P/tB N/A
EV/EBITDA 19.69
EPS(TTM)5.36
EY2.86%
EPS(NY)6.13
Fwd EY3.27%
FCF(TTM)7.41
FCFY3.95%
OCF(TTM)9.61
OCFY5.12%
SpS48.15
BVpS19.13
TBVpS-1.62
PEG (NY)2.43
PEG (5Y)551.43
Graham Number48.03
Profitability
Industry RankSector Rank
ROA 10.01%
ROE 29.79%
ROCE 19.16%
ROIC 15.26%
ROICexc 17.14%
ROICexgc 36.2%
OM 17.27%
PM (TTM) 11.84%
GM 37.74%
FCFM 15.39%
ROA(3y)13.08%
ROA(5y)13.69%
ROE(3y)37.19%
ROE(5y)43%
ROIC(3y)18.51%
ROIC(5y)19.28%
ROICexc(3y)19.75%
ROICexc(5y)20.42%
ROICexgc(3y)41.99%
ROICexgc(5y)46.66%
ROCE(3y)24.96%
ROCE(5y)26.07%
ROICexgc growth 3Y-24.55%
ROICexgc growth 5Y-13.81%
ROICexc growth 3Y-20.09%
ROICexc growth 5Y-13.17%
OM growth 3Y-16.84%
OM growth 5Y-10.98%
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 1.07
Debt/FCF 3.05
Debt/EBITDA 1.97
Cap/Depr 105.99%
Cap/Sales 4.57%
Interest Coverage 9.57
Cash Conversion 92.48%
Profit Quality 130%
Current Ratio 1.36
Quick Ratio 0.83
Altman-Z 4.97
F-Score4
WACC8.08%
ROIC/WACC1.89
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-32.66%
EPS 3Y-9.52%
EPS 5Y0.06%
EPS Q2Q%-36.43%
EPS Next Y14.4%
EPS Next 2Y15.84%
EPS Next 3Y12.12%
EPS Next 5Y14.05%
Revenue 1Y (TTM)4.38%
Revenue growth 3Y3.92%
Revenue growth 5Y7.49%
Sales Q2Q%7.05%
Revenue Next Year3.68%
Revenue Next 2Y3.27%
Revenue Next 3Y3.13%
Revenue Next 5Y3.58%
EBIT growth 1Y-21.53%
EBIT growth 3Y-13.58%
EBIT growth 5Y-4.32%
EBIT Next Year45.3%
EBIT Next 3Y18.13%
EBIT Next 5Y15.77%
FCF growth 1Y6.9%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-2.35%
OCF growth 3YN/A
OCF growth 5YN/A

HERSHEY CO/THE / HSY.DE 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 2 / 10 to HERSHEY CO/THE (HSY.DE). This can be considered as Overvalued.


What is the profitability of HSY 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 35.02 and the Price/Book (PB) ratio is 9.81.


Can you provide the expected EPS growth for HSY stock?

The Earnings per Share (EPS) of HERSHEY CO/THE (HSY.DE) is expected to grow by 14.4% in the next year.