Kellanova

BRSE:K Stock Report

Market Cap: CHF 23.6b

Kellanova Valuation

Is K undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of K when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: K (CHF55.02) is trading below our estimate of fair value (CHF85.46)

Significantly Below Fair Value: K is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for K?

Other financial metrics that can be useful for relative valuation.

K key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.6x
Enterprise Value/EBITDA17.9x
PEG Ratio2.6x

Price to Earnings Ratio vs Peers

How does K's PE Ratio compare to its peers?

The above table shows the PE ratio for K vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average27x
LISN Chocoladefabriken Lindt & Sprüngli
36.7x6.4%CHF 25.2b
BARN Barry Callebaut
26.2x25.0%CHF 7.5b
EMMN Emmi
24.2x15.3%CHF 4.7b
NESN Nestlé
20.9x6.5%CHF 234.0b
K Kellanova
32x12.1%CHF 27.6b

Price-To-Earnings vs Peers: K is expensive based on its Price-To-Earnings Ratio (32x) compared to the peer average (27x).

Price to Earnings Ratio vs Industry

How does K's PE Ratio compare vs other companies in the European Food Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a7.2%
 n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a7.2%
 n/an/an/a
No more companies

Price-To-Earnings vs Industry: K is expensive based on its Price-To-Earnings Ratio (32x) compared to the European Food industry average (15.2x).

Price to Earnings Ratio vs Fair Ratio

What is K's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

K PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio32x
Fair PE Ratio24.2x

Price-To-Earnings vs Fair Ratio: K is expensive based on its Price-To-Earnings Ratio (32x) compared to the estimated Fair Price-To-Earnings Ratio (24.2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst K forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCHF 55.02
CHF 66.74
+21.3%
11.3%CHF 72.83CHF 52.33n/a18
Aug ’25CHF 55.02
CHF 54.93
-0.2%
5.6%CHF 65.52CHF 52.42n/a17
Jul ’25CHF 55.02
CHF 56.71
+3.1%
6.4%CHF 67.30CHF 52.94n/a19
Jun ’25CHF 55.02
CHF 57.25
+4.1%
6.5%CHF 68.10CHF 53.57n/a19
May ’25CHF 55.02
CHF 54.80
-0.4%
7.1%CHF 68.38CHF 50.14n/a19
Apr ’25CHF 55.02
CHF 53.73
-2.3%
7.6%CHF 67.64CHF 48.70n/a19
Mar ’25CHF 55.02
CHF 53.16
-3.4%
8.3%CHF 66.24CHF 48.58n/a20
Feb ’25CHF 55.02
CHF 50.77
-7.7%
10.0%CHF 64.33CHF 45.46n/a20
Jan ’25CHF 55.02
CHF 50.98
-7.3%
10.7%CHF 65.05CHF 45.10n/a19
Dec ’24CHF 55.02
CHF 52.90
-3.8%
11.1%CHF 67.77CHF 46.99n/a18
Nov ’24CHF 55.02
CHF 55.63
+1.1%
12.5%CHF 68.22CHF 48.21n/a18
Oct ’24CHF 55.02
CHF 63.91
+16.2%
9.8%CHF 76.89CHF 52.18n/a18
Sep ’24CHF 55.02
CHF 63.89
+16.1%
6.8%CHF 74.11CHF 56.46n/a17
Aug ’24CHF 55.02
CHF 62.88
+14.3%
6.4%CHF 72.24CHF 55.04CHF 55.0218
Jul ’24CHF 55.02
CHF 65.02
+18.2%
7.0%CHF 75.04CHF 55.38CHF 55.0218
Jun ’24CHF 55.02
CHF 65.80
+19.6%
6.4%CHF 76.11CHF 56.18CHF 55.0218
May ’24CHF 55.02
CHF 65.03
+18.2%
6.6%CHF 74.93CHF 58.87CHF 55.0219
Apr ’24CHF 55.02
CHF 66.84
+21.5%
7.4%CHF 77.19CHF 56.05CHF 55.0219
Mar ’24CHF 55.02
CHF 67.59
+22.8%
6.8%CHF 75.76CHF 56.35CHF 55.0219
Feb ’24CHF 55.02
CHF 67.93
+23.5%
7.1%CHF 75.87CHF 54.59CHF 55.0219
Jan ’24CHF 55.02
CHF 68.09
+23.8%
7.4%CHF 76.02CHF 52.84CHF 55.0220
Dec ’23CHF 55.02
CHF 69.25
+25.9%
7.4%CHF 77.42CHF 53.81CHF 55.0220
Nov ’23CHF 55.02
CHF 74.03
+34.6%
7.5%CHF 81.98CHF 54.99CHF 55.0219
Oct ’23CHF 55.02
CHF 72.35
+31.5%
6.9%CHF 80.12CHF 55.69CHF 55.0219
Sep ’23CHF 55.02
CHF 71.69
+30.3%
7.0%CHF 79.39CHF 55.19CHF 55.0219
Aug ’23CHF 55.02
CHF 68.74
+24.9%
8.9%CHF 78.06CHF 52.36CHF 55.0219

Analyst Forecast: Target price is lower than the current share price.

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