Obermatt

Hershey

NYQ:HSY · US4278661081
Food ProductsX-Large

360

72
EV / EBIT36
Price / Owner Earnings37
Owner Earnings Yield49
Dividend Yield69
Price/Sales3
EV / Gross Profit14
Price/Book7
Return on Capital79
Cash Return on Capital89
Return on Equity83
EBIT Margin73
Gross Profitability63
Cash Conversion73
Accruals50
Owner Earnings Margin85
Sales growth68
Profit Growth92
Long-Term EPS Growth93
Owner Earnings Growth28
Reinvestment60
Price momentum86
Debt load50
Refinancing43
Debt Payback49
Liquidity80
Analyst ratings32
Opinion Changes48
Price Target Upside58
Market mood15
Value Creation12/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Hershey clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryUSA
IndustryFood Products
SizeX-Large
TypePublic Company
ExchangeNYSE
Founded1927
Employees6,881
ISINUS4278661081
Last UpdateApr 2, 2026
Themes
Fast-Moving Consumer GoodsConfectioneryFood and BeverageManufacturingService IndustrySnack Food

Description

The Hershey Company operates as a global confectionery leader known for making more moments of goodness through chocolate, sweets, mints and other great tasting snacks. The company is the largest producer of quality chocolate in North America, a lead…

Analysis

Quality compounder

The Hershey Company earns the quality_compounder label: good underlying economics priced fairly, with no obvious bargain or excess.

On valuation, the picture is expensive. The owner-earnings multiple stands at 30.8×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 12% a year, against analyst forecasts of 20%. The price, in other words, assumes less than the experts do.

Growth is solid; the safety picture is adequate. The company scores 12/20 on our value-creation score: creating some value.

Flags to be aware of: The financial cushion is thinner than comfortable. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
58
2023202420252026

All-time high

78

Feb 2026

All-time low

6

Oct 2024

Average rank

44

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
3
17
13
15
Price/Earnings
17
16
45
37
Price/Book
7
14
10
11
Dividend Yield
69
58
72
62
Value (overall)
14
18
31
19

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →