Mondelez International, Inc. (MDLZ)

NASDAQ: MDLZ · USD

$61.8

-0.54 (-0.9%)· Recorded snapshot

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StockMarketAgent Research · Analyzed 2026-05-20

Our latest published analysis: MDLZ rated Buy

Mondelez International, Inc.'s published Buy conclusion compares the analysis-date price with fair value and potential value. Read the full report for assumptions, evidence, and material risks.

Fair value

$70.1 / share

Potential value

$86.0 / share

Upside to FV

+14.4%

from $61.8

Moat

9/10

Wide

Read full analysis →View archive · 24mo

9-phase methodology · same model in each published edition

Market cap	$78.7B
Revenue (ttm)	39.7B
Net income (ttm)	3.5B
EPS (ttm)	$2.73
Shares out	1.3B
P/E (trailing)	22.6x
P/E (forward)	18.1x
Dividend	$2.08 (3.37%)
Volume	3,937,279
Beta	0.39

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 39.7B
Net income (ttm): 3.5B
EPS (ttm): $2.73
P/E (trailing): 22.6x
P/E (forward): 18.1x
Market cap: $78.7B

Item	P1	P2	P3	P4	P5	Trend
Period	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31	Trend
Revenue	—	$31.50B	$36.02B	$36.44B	$38.54B	+7.0%
Gross profit	—	$11.31B	$13.76B	$14.26B	$10.94B	-1.1%
Operating income	—	$3.66B	$6.43B	$6.77B	$3.61B	-0.4%
Net income	—	$2.72B	$4.96B	$4.61B	$2.45B	-3.4%
EPS (diluted)	$3.04	$1.96	$3.62	$3.42	$1.89	-11.2%
EBITDA	—	$4.76B	$7.65B	$8.07B	$4.97B	+1.4%
R&D	—	—	—	—	—	—
SG&A	—	$7.38B	$8.00B	$7.44B	$7.17B	-1.0%

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
AAPL	Apple Inc.	5T	39.4x	10.8x	101.6%	+6.1%	+28.5%	売り
ABNB	Airbnb, Inc.	97.8B	37.5x	7.4x	16.8%	+24.4%	+28.5%	売り
ADBE	Adobe Inc.	97.1B	13.9x	3.7x	57.2%	+11.5%	-30.7%	強い買い
ADM	Archer-Daniels-Midland Company	37.3B	21.2x	0.5x	5.0%	+1.8%	+28.5%	縮小
BF.B	Brown-Forman Corporation Class B	12.7B	17.9x	3.3x	14.3%	+1.6%	+0.4%	買い
CAG	Conagra Brands, Inc.	6.6B	—	0.6x	9.2%	+0.2%	-18.9%	強い買い

Base and Bull scenarios

Bull20%

Price target

$86.01

+40.3% from spot

Pricing power allows Mondelez to fully offset commodity inflation while driving volume expansion in emerging markets, leading to structurally higher operating margins and a valuation re-rating toward 22x earnings.

Pricing power fully offsets commodity inflation.
Volume accelerates in emerging markets.
Valuation re-rates to 22x terminal earnings.

Base60%

Price target

$70.11

+14.4% from spot

The enterprise achieves moderate but highly visible growth. A tightly constrained 18x exit multiple accounts for macro headwinds, while exceptional cash flow conversion fully sustains the heavy dividend payout structure.

18x terminal P/E multiple.
Terminal growth stabilizes at 3.0%.
Operating margins hold at ~9.5%.

Sensitivity: Ke × terminal growth

The highlighted base cell is anchored to valuation synthesis sensitivity reference ($67.17). It is the reference value for this grid, not a separate standalone fair-value claim.

Ke ↓ / g →	2.0%	2.5%	3.0%	3.5%	4.0%
4.2%	$98.3	$118	$118	$118	$118
5.2%	$67.2	$79.8	$98.3	$118	$118
6.2%	$51.0	$58.0	$67.2	$79.8	$98.3
7.2%	$41.1	$45.6	$51.0	$58.0	$67.2
8.2%	$36.9	$37.5	$41.1	$45.6	$51.0

Scorecard

Published factor rows and weighted composite

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E18.1

P25 n/aP50 n/aP75 n/a

Trailing P/E30.3

P25 n/aP50 n/aP75 n/a

ROE13.3

P25 n/aP50 n/aP75 n/a

ROIC7.9

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All MDLZ indicators

Market & fundamental data

Available fields

291

Groups with data

Currency

USD

Showing 291 of 291 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	USD
CIK code	0001103982
Company name	Mondelez International, Inc.
Country	United States
Country code	US
CUSIP number	609207105
Earnings date	2026-10-29
Earnings time	amc
Employees	91,000
Employees change	1,000
Employees growth	1.11%
Enterprise value	$99.2B
Exchange	NASDAQ
Financial currency	USD
Financial report date	2026-06-30
First seen	2026-05-09
Fiscal year end	December
Founded	2000
In index	SP500, NASDAQ100
Industry	Confectioners
Is primary listing	Yes
Is SPAC	No
ISIN number	US6092071058
Last 10-K release date	2026-02-04
Last earnings date	2026-07-28
Last refreshed	2026-10-28
Last stock split type	Never
Market cap	$78.9B
Market cap category	Large-Cap
Next earnings date	2026-10-29
Options	Yes
Price	$61.81
Price currency	USD
Sector	Consumer Staples
SIC code	2000
Stock price date	2026-10-28
Symbol	MDLZ
U.S. state	Illinois
Website	https://www.mondelezinternational.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Adjusted P/E ratio	21.69x
Average P/E ratio (10Y)	25.11x
Average P/E ratio (3Y)	23.07x
Average P/E ratio (5Y)	23.26x
Earnings yield	4.42%
EV/Earnings	28.26x
EV/EBIT	21.17x
EV/EBITDA	16.34x
EV/FCF	32.2x
EV/Sales	2.5x
FCF / EV yield	3.11%
FCF yield	3.9%
Forward EV/Sales	2.44x
Forward P/E	19.18x
Forward P/S	1.94x
Graham number	35.73851
Graham upside	-42.26%
Industry P/E	22.81x
Lynch fair value	$13.64
Lynch upside	-77.96%
P/(FCF - SBC) ratio	26.79x
P/(OCF - SBC) ratio	18.37x
P/B ratio	3x
P/E ratio	22.65x
P/FCF ratio	25.61x
P/OCF ratio	17.81x
P/S ratio	1.99x
PEG ratio	2.59x
Price/EBITDA ratio	12.99x
Sector forward P/E	21.3x
Sector P/E	28.26x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	11.83%
EBITDA margin	15.32%
Effective tax rate	21.9%
FCF margin	7.78%
Gross margin	31.15%
Operating margin	11.83%
Pretax margin	11.4%
Profit margin	8.86%
Profit per employee	$38,637
Profitable quarters	42
Profitable years	28
Revenue per employee	$435,989
ROA	4.12%
ROA (5Y)	4.58%
ROCE	9.45%
ROE	13.34%
ROE (5Y)	13.86%
ROIC	7.89%
ROIC (5Y)	8.48%
SBC / revenue	0.34%
Tax / revenue	2.5%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	-0.74%
EPS growth (Q)	144.9%
EPS growth (QoQ)	174.93%
EPS growth 10Y	-5.33%
EPS growth 3Y	-3.17%
EPS growth 5Y	-2.02%
EPS growth quarters	2
EPS growth years	0
FCF growth	7.83%
FCF growth (Q)	17,000%
FCF growth (QoQ)	230.97%
FCF growth 3Y	2.11%
FCF growth 5Y	-1.75%
Gross profit growth	2.32%
Gross profit growth (Q)	35.72%
Gross profit growth 3Y	-0.35%
Gross profit growth 5Y	1.87%
Net income growth	-3.43%
Net income growth (Q)	141.5%
Net income growth (QoQ)	176.43%
Net income growth 3Y	-5.3%
Net income growth 5Y	-4.01%
Net income growth quarters	2
Net income growth years	0
OCF growth	6.53%
OCF growth (Q)	177.6%
OCF growth (QoQ)	83.08%
OCF growth 10Y	2.42%
OCF growth 3Y	4.26%
OCF growth 5Y	1.11%
Operating income growth	2.04%
Operating income growth (Q)	70.62%
Operating income growth 3Y	-5.13%
Operating income growth 5Y	-1.31%
Revenue growth	6.93%
Revenue growth (Q)	4.13%
Revenue growth (QoQ)	-7.19%
Revenue growth 10Y	3.94%
Revenue growth 3Y	5.15%
Revenue growth 5Y	7.34%
Revenue growth quarters	8
Revenue growth years	6

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	$-1.4B
Depreciation and amortization	$1.4B
EBIT	$4.7B
EBITDA	$6.1B
EPS	$2.73
FCF per share	$2.42
Financing cash flow	$-2.9B
Free cash flow	$3.1B
Free cash flow minus SBC	$2.9B
Gross profit	$12.4B
Income taxes	$990M
Investing cash flow	$-1.3B
Net borrowing	$639M
Net cash flow	$172M
Net income	$3.5B
Operating cash flow minus SBC	$4.3B
Operating income	$4.7B
Revenue	$39.7B
Stock-based compensation	$136M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	2.4
Book value per share	$20.80
Debt / EBITDA	3.2
Debt / equity	0.83
Debt / FCF	7.15
Goodwill	$24.2B
Interest coverage	7.97
Long-term assets	$58.3B
Long-term liabilities	$23B
Net cash (debt)	$-20.3B
Net cash / market cap	-25.75%
Net debt / EBITDA	3.35
Net debt / equity	0.76
Net debt / FCF	6.59
Piotroski F-Score	6
Property, plant and equipment	$11.4B
Shareholders' equity	$26.7B
Tangible book value	$-17.1B
Tangible book value per share	$-13.31
Total assets	$71.2B
Total cash	$1.7B
Total debt	$22.1B
Total liabilities	$44.6B
WACC	5.46%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.56
Current assets	$12.9B
Current liabilities	$21.6B
Current ratio	0.6
Inventory turnover	5.84
Net working capital	$-5.4B
Quick ratio	0.31
Working capital	$-8.7B
Working capital turnover	-5.03

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	2.35%
Dividend growth	5.76%
Dividend growth (10Y)	11.18%
Dividend growth (3Y)	8.53%
Dividend growth (5Y)	9.3%
Dividend growth years	12
Dividend payment date	2026-10-14
Dividend payment years	26
Dividend payout frequency	Quarterly
Dividend per share	$2.08
Dividend yield	3.37%
Ex-dividend date	2026-09-30
FCF payout ratio	86.05%
Last dividend	$0.52
Payout ratio	76.23%
Shareholder yield	5.71%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	40.68%
10Y return CAGR	6%
10Y total return	79.07%
150-day SMA	$60.92
15Y price change	74.12%
15Y return CAGR	9.18%
15Y total return	273.39%
1D price change	-0.87%
1M price change	2.51%
1M total return	3.41%
1W price change	-3.48%
1W total return	-3.48%
1Y price change	0.16%
1Y return CAGR	3.73%
1Y total return	3.72%
20-day SMA	$61.67
200-day SMA	$60.32
20Y price change	78.5%
20Y return CAGR	7.94%
20Y total return	360.72%
3M price change	1.8%
3M total return	2.7%
3Y price change	-5%
3Y return CAGR	1.28%
3Y total return	3.9%
50-day SMA	$61.81
50-day SMA vs 200-day SMA	50over200
52-week high	$66.65
52-week high date	2026-07-29
52-week low	$51.20
52-week low date	2026-01-08
5Y price change	2.27%
5Y return CAGR	3.21%
5Y total return	17.09%
6M price change	7.56%
6M total return	9.42%
After-hours change	0.3%
After-hours close	$61.81
After-hours price	$61.99
All-time high	$78.59
All-time high date	2023-04-28
All-time low	$20.81
All-time low date	2009-03-05
Average true range (ATR)	$1.28
Average volume	7.2M
Beta (1Y)	-0.22
Beta (2Y)	0.02
Beta (5Y)	0.39
Change from 52-week high	-7.27%
Change from 52-week low	20.71%
Change from all-time high	-21.41%
Change from all-time low	196.78%
Change from open	0.3%
Day's gap	-1.17%
Dollar volume	$243.3M
High price	$62.22
Low price	$61.52
Monthly RSI	49.45
Open price	$61.62
Position in 52-week range	40.71%
Premarket change	-0.56%
Premarket close	$62.35
Premarket price	$62.00
Previous close	$62.35
Price vs 150-day SMA	1.38%
Price vs 20-day SMA	0.14%
Price vs 200-day SMA	2.39%
Price vs 50-day SMA	-0.08%
Relative volume	0.55
RSI	48.67
Sharpe ratio	0.1
Sharpe ratio (3Y)	0
Sharpe ratio (5Y)	0.06
Sortino ratio	0.41
Sortino ratio (3Y)	0.27
Sortino ratio (5Y)	0.37
Volume	3.9M
Weekly RSI	51.33
YTD price change	14.73%
YTD total return	17.73%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	1.3B
Float percentage	99.72%
Shares change (QoQ)	0.08%
Shares change (YoY)	-2.35%
Shares held by insiders	0.18%
Shares held by institutions	88.51%
Shares outstanding	1.3B
Short % of float	2.25%
Short % of shares	2.25%
Short ratio	4.1 days

Deeper analysis on MDLZ

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Quote this valuation with its source: Fair value, Potential value and the price at analysis.

Frequently asked questions

About this MDLZ report

What is the latest published MDLZ stock rating?

Mondelez International, Inc. is shown with Buy in the latest published report, analyzed 2026-05-20. The hub links directly to the full analysis surface where the dated rating, fair-value bridge, risks, and scorecard are documented together.

Where can I read the full MDLZ analysis?

The full latest published report, analyzed 2026-05-20, lives at /stocks/MDLZ/analysis. The bare ticker page summarizes that read and links to each analysis tab; earlier editions remain under /analysis/archive.

What fair value is used for MDLZ?

The latest published report analyzed 2026-05-20 gives MDLZ a fair value of USD 70 and a potential value of USD 86. These are dated research outputs, not live market prices; review the valuation assumptions, sensitivity analysis, and material risks before making a decision.

How often is the MDLZ page updated?

The hub selects the latest published stock report regardless of age and displays its analysis date (2026-05-20). Separately sourced market data is labeled with its own recorded timestamp and is never inferred from the report.

BuyMDLZ · Fair value $70.1+14.4%

Read full analysis →

Mondelez International, Inc. (MDLZ)

Our latest published analysis: MDLZ rated Buy

Price

Financial snapshot

Fair-value bridge

Latest news · MDLZ

Valuation

Profitability

Balance sheet

Trading

Base and Bull scenarios

Sensitivity: Ke × terminal growth

Scorecard

Next earnings

Sector percentile context

All MDLZ indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on MDLZ

Frequently asked questions

レーティング履歴

Category	Score	Reading
Valuation	7.5
Management	5.8
Balance Sheet	3.0
Profitability	5.0
Revenue Growth	6.0
Risk Assessment	6.0
Competitive Moat	9.0
Earnings Quality	9.0
Capital Efficiency	3.5