Mondelez International Inc Class A MDLZ

Morningstar Rating
$62.15 +0.65 (1.06%)
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Company Report

Mondelez Possesses the Right Ingredients to Cook Up Sales Growth and Margin Gains Long Term

Even amid the recent volatility around cocoa prices, CEO Dirk Van de Put hasn't wavered from his commitment to drive balanced sales and profit growth at wide-moat Mondelez. As a part of these efforts, it has worked to extend the distribution of its fare, fund investments behind its local and global brands, empower its local leaders, and increase the agility by which it brings innovation to market (aims that are hitting the mark). Against this backdrop, Mondelez targets long-term sales growth of 3%-5% as it seeks to sell its wares across more channels and to reinvest in new products aligned with evolving consumer trends at home and abroad. Further, it has prudently acquired niche brands to expand its category and geographic exposure, and we anticipate it will continue to pursue inorganic targets when the opportunity arises.

Price vs Fair Value

MDLZ is trading at a 142% premium.
Price
$62.99
Fair Value
$45.00
Uncertainty
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1-Star Price
$11.51
5-Star Price
$46.00
Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

Mondelez's strategic shift to empower in-market leaders and fuel investments in its local jewels (which in the past were starved in favor of its global brands) is poised to drive growth in emerging markets.

Bears

North America remains in the doldrums (down 1% on an organic basis in fiscal 2025), which we attribute to a value-seeking consumer and lower retail inventory levels (though this is not a Mondelez-specific predicament).

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Trading Information

Previous Close Price
$61.50
Day Range
$60.8762.21
52-Week Range
$51.2071.15
Bid/Ask
$61.50 / $62.17
Shares Outstanding
1.28B
Market Cap
$79.78B
Volume/Avg
10M / 8M

Key Statistics

Price/Earnings (Normalized)
22.26
Price/Sales
2.07
Dividend Yield (Trailing)
3.13%
Dividend Yield (Forward)
3.18%
Total Yield
4.19%

Company Profile

Mondelez has operated independently since its split from the former Kraft Foods North American grocery business in October 2012. The firm is a leading player in the global snack enclave with a presence in the biscuit (48% of sales as of the end of fiscal 2025), chocolate (33%), gum/candy (10%), beverage (3%), and cheese and grocery (6%) aisles. Mondelez's portfolio includes well-known brands like Oreo, Chips Ahoy, Halls, and Cadbury. The firm derives around one-third of its revenue from developing markets, around 40% from Europe, and more than one-fourth from North America.
Sector
Consumer Defensive
Industry
Confectioners
Stock Style Box
Mid Value
Total Number of Employees
91,000

Competitors

Valuation

Metric
MDLZ
GIS
HSY
Price/Earnings (Normalized)
22.2610.3327.65
Price/Book Value
3.141.977.78
Price/Sales
2.071.023.08
Price/Cash Flow
15.508.4315.88
Price/Earnings
MDLZ
GIS
HSY

Financial Strength

Metric
MDLZ
GIS
HSY
Quick Ratio
0.290.300.61
Current Ratio
0.540.561.24
Interest Coverage
5.646.427.33
Quick Ratio
MDLZ
GIS
HSY

Profitability

Metric
MDLZ
GIS
HSY
Return on Assets (Normalized)
5.20%5.51%10.47%
Return on Equity (Normalized)
14.19%19.36%31.12%
Return on Invested Capital (Normalized)
8.07%9.30%15.06%
Return on Assets
MDLZ
GIS
HSY

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