Previous Close | $68.99 |
Intrinsic Value | $7.52 |
Upside potential | -89% |
Data is not available at this time.
Mondelez International operates as a global leader in the snack food industry, specializing in biscuits, chocolates, gum, and candy. The company generates revenue through a diversified portfolio of iconic brands such as Oreo, Cadbury, and Toblerone, sold across retail, e-commerce, and foodservice channels. Its business model relies on premium pricing, cost-efficient manufacturing, and extensive distribution networks, ensuring strong margins and market penetration in both developed and emerging markets. Mondelez holds a dominant position in key categories, leveraging scale advantages and brand equity to outperform competitors. The company strategically focuses on high-growth segments, including health-conscious and premium snacks, while maintaining a robust presence in traditional categories. Its global footprint, with significant exposure to emerging markets, provides resilience against regional economic fluctuations. Mondelez’s market positioning is reinforced by continuous innovation, strategic acquisitions, and a disciplined approach to brand investment, ensuring long-term relevance in a competitive industry.
Mondelez reported revenue of $36.4 billion for FY 2024, with net income of $4.6 billion, reflecting a net margin of approximately 12.6%. The company’s operating cash flow stood at $4.9 billion, demonstrating strong cash generation capabilities. Capital expenditures of $1.4 billion indicate disciplined reinvestment in production efficiency and capacity expansion, supporting sustained profitability.
Diluted EPS of $3.42 underscores Mondelez’s earnings strength, driven by pricing power and cost optimization. The company’s capital efficiency is evident in its ability to generate substantial free cash flow, which supports shareholder returns and strategic investments. A focus on high-margin products and operational leverage enhances return on invested capital.
Mondelez maintains a solid balance sheet with $1.4 billion in cash and equivalents, though total debt of $18.4 billion reflects leverage used for growth initiatives. The company’s strong cash flow generation provides ample coverage for debt servicing and dividends, ensuring financial flexibility. Prudent liquidity management supports its investment-grade credit rating.
Revenue growth is supported by pricing strategies and emerging market expansion, while volume trends remain stable. Mondelez has a consistent dividend policy, with a $1.75 per share payout, reflecting a commitment to returning capital to shareholders. Share repurchases further complement its capital allocation strategy.
The market values Mondelez for its defensive qualities, stable cash flows, and brand strength. Trading multiples reflect expectations of mid-single-digit revenue growth and margin expansion, supported by cost savings and premiumization efforts. Investor sentiment remains positive given its resilient business model.
Mondelez benefits from a globally diversified brand portfolio, pricing power, and operational scale. The company is well-positioned to navigate inflationary pressures and shifting consumer preferences. Strategic priorities include innovation, digital transformation, and sustainability initiatives, which should drive long-term growth and margin improvement.
Company filings (10-K), investor presentations, Bloomberg
show cash flow forecast
Fiscal year | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 | 2035 | 2036 | 2037 | 2038 | 2039 | 2040 | 2041 | 2042 | 2043 | 2044 | 2045 | 2046 | 2047 | 2048 | 2049 | |
INCOME STATEMENT | ||||||||||||||||||||||||||
Revenue growth rate, % | NaN | |||||||||||||||||||||||||
Revenue, $ | NaN | |||||||||||||||||||||||||
Variable operating expenses, $m | NaN | |||||||||||||||||||||||||
Fixed operating expenses, $m | NaN | |||||||||||||||||||||||||
Total operating expenses, $m | NaN | |||||||||||||||||||||||||
Operating income, $m | NaN | |||||||||||||||||||||||||
EBITDA, $m | NaN | |||||||||||||||||||||||||
Interest expense (income), $m | NaN | |||||||||||||||||||||||||
Earnings before tax, $m | NaN | |||||||||||||||||||||||||
Tax expense, $m | NaN | |||||||||||||||||||||||||
Net income, $m | NaN | |||||||||||||||||||||||||
BALANCE SHEET | ||||||||||||||||||||||||||
Cash and short-term investments, $m | NaN | |||||||||||||||||||||||||
Total assets, $m | NaN | |||||||||||||||||||||||||
Adjusted assets (=assets-cash), $m | NaN | |||||||||||||||||||||||||
Average production assets, $m | NaN | |||||||||||||||||||||||||
Working capital, $m | NaN | |||||||||||||||||||||||||
Total debt, $m | NaN | |||||||||||||||||||||||||
Total liabilities, $m | NaN | |||||||||||||||||||||||||
Total equity, $m | NaN | |||||||||||||||||||||||||
Debt-to-equity ratio | NaN | |||||||||||||||||||||||||
Adjusted equity ratio | NaN | |||||||||||||||||||||||||
CASH FLOW | ||||||||||||||||||||||||||
Net income, $m | NaN | |||||||||||||||||||||||||
Depreciation, amort., depletion, $m | NaN | |||||||||||||||||||||||||
Funds from operations, $m | NaN | |||||||||||||||||||||||||
Change in working capital, $m | NaN | |||||||||||||||||||||||||
Cash from operations, $m | NaN | |||||||||||||||||||||||||
Maintenance CAPEX, $m | NaN | |||||||||||||||||||||||||
New CAPEX, $m | NaN | |||||||||||||||||||||||||
Total CAPEX, $m | NaN | |||||||||||||||||||||||||
Free cash flow, $m | NaN | |||||||||||||||||||||||||
Issuance/(repurchase) of shares, $m | NaN | |||||||||||||||||||||||||
Retained Cash Flow, $m | NaN | |||||||||||||||||||||||||
Pot'l extraordinary dividend, $m | NaN | |||||||||||||||||||||||||
Cash available for distribution, $m | NaN | |||||||||||||||||||||||||
Discount rate, % | NaN | |||||||||||||||||||||||||
PV of cash for distribution, $m | NaN | |||||||||||||||||||||||||
Current shareholders' claim on cash, % | NaN |