General Mills, Inc.

SWX:GIS Stock Report

Market Cap: CHF 20.1b

General Mills Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • 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 GIS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

CHF 130.45
Fair Value
60.1% undervalued intrinsic discount
19
Number of Analysts

Below Fair Value: GIS (CHF52) is trading below our estimate of fair value (CHF130.45)

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

Key Valuation Metric

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

Key metric: As GIS is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for GIS. This is calculated by dividing GIS's market cap by their current earnings.
What is GIS's PE Ratio?
PE Ratio8.6x
EarningsUS$2.91b
Market CapUS$25.01b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for GIS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average29.5x
LISN Chocoladefabriken Lindt & Sprüngli
44.8x9.50%CHF 28.8b
BARN Barry Callebaut
35.3x26.16%CHF 6.6b
EMMN Emmi
18.1x7.69%CHF 3.9b
NESN Nestlé
19.8x5.35%CHF 203.6b
GIS General Mills
8.6x-10.40%CHF 25.0b

Price-To-Earnings vs Peers: GIS is good value based on its Price-To-Earnings Ratio (8.6x) compared to the peer average (29.5x).

Price to Earnings Ratio vs Industry

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

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
GIS 8.6xIndustry Avg. 15.6xNo. of Companies24PE01224364860+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: GIS is good value based on its Price-To-Earnings Ratio (8.6x) compared to the European Food industry average (15.6x).

Price to Earnings Ratio vs Fair Ratio

What is GIS'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.

GIS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.6x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate GIS's Price-To-Earnings Fair Ratio for valuation analysis.

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 GIS forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCHF 52.00
CHF 43.09
-17.13%
8.98%CHF 50.72CHF 37.03n/a19
Nov ’26CHF 52.00
CHF 43.07
-17.17%
8.98%CHF 50.69CHF 37.01n/a19
Oct ’26n/a
CHF 42.82
0%
8.98%CHF 50.40CHF 36.80n/a19
Sep ’26n/a
CHF 43.91
0%
9.35%CHF 50.48CHF 36.06n/a20
Aug ’26n/a
CHF 44.34
0%
8.39%CHF 50.60CHF 38.55n/a20
Jul ’26n/a
CHF 44.95
0%
9.99%CHF 54.39CHF 38.39n/a21
Jun ’26n/a
CHF 51.01
0%
9.30%CHF 59.67CHF 43.03n/a22
May ’26n/a
CHF 51.51
0%
8.82%CHF 59.82CHF 43.97n/a22
Apr ’26n/a
CHF 55.40
0%
8.29%CHF 63.74CHF 46.85n/a21
Mar ’26n/a
CHF 59.73
0%
8.08%CHF 70.51CHF 51.77n/a20
Feb ’26n/a
CHF 64.00
0%
7.50%CHF 76.50CHF 56.46n/a20
Jan ’26n/a
CHF 64.19
0%
7.81%CHF 75.92CHF 56.04n/a20
Dec ’25n/a
CHF 65.71
0%
6.03%CHF 74.47CHF 59.40n/a20
Nov ’25n/a
CHF 64.76
0%
5.46%CHF 72.76CHF 58.04CHF 52.0020
Oct ’25n/a
CHF 62.80
0%
6.49%CHF 71.09CHF 53.32n/a20
Sep ’25n/a
CHF 58.50
0%
5.08%CHF 64.62CHF 52.71n/a20
Aug ’25CHF 52.00
CHF 60.08
+15.53%
4.67%CHF 65.37CHF 54.77n/a19
Jul ’25CHF 52.00
CHF 61.91
+19.07%
5.02%CHF 70.07CHF 56.59n/a19
Jun ’25CHF 52.00
CHF 65.57
+26.09%
5.03%CHF 71.25CHF 55.72n/a20
May ’25CHF 52.00
CHF 65.27
+25.52%
5.83%CHF 71.02CHF 55.54n/a21
Apr ’25CHF 52.00
CHF 64.76
+24.53%
5.89%CHF 70.55CHF 55.18n/a21
Mar ’25CHF 52.00
CHF 61.00
+17.30%
7.64%CHF 72.60CHF 51.23n/a20
Feb ’25CHF 52.00
CHF 58.86
+13.20%
8.01%CHF 70.50CHF 49.75n/a21
Jan ’25CHF 52.00
CHF 57.79
+11.14%
8.18%CHF 69.14CHF 48.78n/a20
Dec ’24CHF 52.00
CHF 61.69
+18.63%
8.29%CHF 71.46CHF 50.42n/a20
Nov ’24CHF 52.00
CHF 63.98
+23.04%
8.29%CHF 74.12CHF 52.30n/a20
CHF 59.37
Fair Value
12.4% undervalued intrinsic discount
19
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/10 10:41
End of Day Share Price 2025/11/07 00:00
Earnings2025/08/24
Annual Earnings2025/05/25

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

General Mills, Inc. is covered by 40 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Christopher GrajaArgus Research Company
Andrew LazarBarclays
Kenneth ZaslowBMO Capital Markets Equity Research