Intrinsic value of Hershey Company (The) (HSY)

[per Chepakovich valuation model]

other valuations of HSY

[per Chepakovich valuation model]  See other valuations of HSY stock

Previous Close$178.16
Intrinsic Value
Upside potential
Previous Close
$178.16

VALUATION INPUT DATA

Revenue, mln $
Initial revenue growth rate (norm.), %
Variable cost ratio, %
Fixed operating expenses, mln $
Production assets / Revenue, %
Working capital / Revenue, %
Interest rate on debt, %
Life of production assets, yrs
Initial discount rate, %
Shares outstanding, mln
Adjusted equity ratio
Adjusted assets / Revenue
Based on fiscal year data as of 2020-12-31 and quarterly data as of 2021-06-30.
NOTE: The bar chart shows historic and forecasted yearly revenue growth rates. Its purpose is to help you in determining what initial revenue rate you want to base your stock valuation on. Please make sure that you are confident in the value you select - for most stocks it is by far the most important parameter in valuation.
  1. Annual
  2. Quarterly YoY
  3. Quarterly QoQ

Annual revenue growth rates, % (past and forecasted)

show cash flow forecast

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year2020(a)2021202220232024202520262027202820292030203120322033203420352036203720382039204020412042204320442045

INCOME STATEMENT

Revenue growth rate, %2.1NaN
Revenue, $8150NaN
Variable operating expenses, $mNaN
Fixed operating expenses, $mNaN
Total operating expenses, $m6367NaN
Operating income, $m1783NaN
EBITDA, $m2078NaN
Interest expense (income), $mNaN
Earnings before tax, $m1499NaN
Tax expense, $m220NaN
Net income, $m1279NaN

BALANCE SHEET

Cash and short-term investments, $m1144NaN
Total assets, $m9132NaN
Adjusted assets (=assets-cash), $m7988NaN
Average production assets, $m5747NaN
Working capital, $m1086NaN
Total debt, $m4821NaN
Total liabilities, $m6898NaN
Total equity, $m2234NaN
Debt-to-equity ratio2.158NaN
Adjusted equity ratio0.205NaN

CASH FLOW

Net income, $m1279NaN
Depreciation, amort., depletion, $m295NaN
Funds from operations, $mNaN
Change in working capital, $mNaN
Cash from operations, $m1700NaN
Maintenance CAPEX, $mNaN
New CAPEX, $mNaN
Total CAPEX, $m-441NaN
Free cash flow, $m2141NaN
Issuance/(repurchase) of shares, $mNaN
Retained Cash Flow, $mNaN
Pot'l extraordinary dividend, $m1086
Cash available for distribution, $mNaN
Discount rate, %NaN
PV of cash for distribution, $mNaN
Current shareholders' claim on cash, %NaN