Mondelez International, Inc.

XTRA:KTF Stock Report

Market Cap: €82.0b

Mondelez International Valuation

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

Below Fair Value: KTF (€61.72) is trading below our estimate of fair value (€148.53)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for KTF. This is calculated by dividing KTF's market cap by their current earnings.
What is KTF's PE Ratio?
PE Ratio22.7x
EarningsUS$3.82b
Market CapUS$86.76b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for KTF vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average18.8x
SZU Südzucker
6.7x-10.2%€2.2b
SSH Südwestdeutsche Salzwerke
15xn/a€598.9m
NLM FRoSTA
12.2xn/a€408.8m
BN Danone
41.4x18.5%€41.5b
KTF Mondelez International
22.7x10.6%€86.8b

Price-To-Earnings vs Peers: KTF is expensive based on its Price-To-Earnings Ratio (22.7x) compared to the peer average (18.9x).

Price to Earnings Ratio vs Industry

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

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
KTF 22.7xIndustry Avg. 13.4xNo. of Companies19PE0816243240+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: KTF is expensive based on its Price-To-Earnings Ratio (22.7x) compared to the European Food industry average (13.4x).

Price to Earnings Ratio vs Fair Ratio

What is KTF'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.

KTF PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio22.7x
Fair PE Ratio26.3x

Price-To-Earnings vs Fair Ratio: KTF is good value based on its Price-To-Earnings Ratio (22.7x) compared to the estimated Fair Price-To-Earnings Ratio (26.3x).

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 KTF forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€61.72
€76.67
+24.2%
4.6%€87.77€71.55n/a25
Nov ’25€63.33
€74.22
+17.2%
4.4%€84.58€68.96n/a25
Oct ’25€66.37
€72.28
+8.9%
4.5%€79.50€67.76n/a24
Sep ’25€64.38
€70.81
+10.0%
4.8%€79.46€65.91n/a24
Aug ’25€63.07
€72.32
+14.7%
5.5%€81.27€64.65n/a23
Jul ’25€60.15
€75.11
+24.9%
5.0%€84.27€68.35n/a23
Jun ’25€62.58
€74.94
+19.8%
4.2%€82.96€69.14n/a24
May ’25€67.47
€76.24
+13.0%
4.7%€84.18€68.28n/a24
Apr ’25€64.90
€77.36
+19.2%
4.1%€82.86€67.96n/a25
Mar ’25€67.14
€76.79
+14.4%
4.1%€82.13€67.36n/a25
Feb ’25€69.54
€76.08
+9.4%
4.5%€81.88€67.16n/a25
Jan ’25€65.20
€72.97
+11.9%
5.5%€81.08€62.86n/a24
Dec ’24€65.06
€72.17
+10.9%
6.0%€81.11€62.89n/a23
Nov ’24€63.68
€74.46
+16.9%
7.7%€84.22€61.51€63.3322
Oct ’24€65.98
€78.23
+18.6%
5.4%€84.72€66.63€66.3723
Sep ’24€65.28
€75.73
+16.0%
5.3%€81.58€64.16€64.3821
Aug ’24€67.46
€75.31
+11.6%
5.3%€81.03€63.74€63.0721
Jul ’24€66.78
€73.71
+10.4%
5.2%€78.45€63.85€60.1521
Jun ’24€68.36
€75.21
+10.0%
5.3%€79.86€65.00€62.5821
May ’24€69.54
€72.62
+4.4%
6.4%€78.39€62.89€67.4723
Apr ’24€64.11
€69.45
+8.3%
4.5%€74.62€64.36€64.9023
Mar ’24€60.11
€69.27
+15.2%
4.8%€74.57€61.52€67.1424
Feb ’24€60.56
€67.40
+11.3%
5.1%€72.82€60.08€69.5424
Jan ’24€62.66
€67.95
+8.4%
4.4%€72.54€62.18€65.2024
Dec ’23€64.60
€68.59
+6.2%
3.7%€73.40€63.74€65.0623
Nov ’23€63.12
€70.29
+11.4%
5.1%€75.92€63.77€63.6822

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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