Barry Callebaut reported fourth-quarter fiscal 2026 volume growth of 5.7% and full-year free cash flow of CHF 2 billion, ahead of the company-compiled consensus. Shares rose around 4% in intraday trading on Nov. 4.
Barry Callebaut is the largest global player in the outsourced chocolate market, with a strong presence in emerging markets and a cost advantage versus smaller players and its average client.
Pronounced volatility in commodity prices, as seen in cocoa beans in fiscal 2024 and 2025, can result in significant working capital swings, affecting free cash flows and leading to a temporary deterioration of credit metrics.
Metric | BARN | KRZ | TATE |
|---|---|---|---|
Price/Earnings (Normalized) | 32.26 | 21.81 | 20.41 |
Price/Book Value | 2.45 | 2.76 | 1.58 |
Price/Sales | 0.57 | 2.49 | 1.24 |
Price/Cash Flow | 20.35 | 18.54 | 9.56 |
Metric | BARN | KRZ | TATE |
|---|---|---|---|
Quick Ratio | 0.61 | 1.14 | 1.67 |
Current Ratio | 1.60 | 1.77 | 2.84 |
Interest Coverage | 1.58 | 10.19 | — |
Metric | BARN | KRZ | TATE |
|---|---|---|---|
Return on Assets (Normalized) | 1.78% | 7.08% | — |
Return on Equity (Normalized) | 8.14% | 13.52% | — |
Return on Invested Capital (Normalized) | 5.11% | 9.37% | — |
1-Day Chart | Name | Price | Morningstar Rating for Stocks | Capital Allocation | Economic Moat | Market Cap |
|---|---|---|---|---|---|---|
| Mondelez International Inc Class A MDLZ | LOCK|l^@tf@c | LOCK|s# | $85B | |||
| The Hershey Co HSY | LOCK|&FZTJ& | LOCK|RcY | $35B | |||
| Chocoladefabriken Lindt & Spruengli AG ADR CHLSY | — | LOCK|@C<% | $24B | |||
| Chocoladefabriken Lindt & Spruengli AG Ordinary Shares - Non Voting LDSVF | — | LOCK|zY!!? | $24B | |||
| Barry Callebaut AG BYCBF | — | LOCK|%RwQ | $8B | |||
| Barry Callebaut AG ADR BRRLY | — | LOCK|?@XQ | $8B | |||
| Cloetta AB Class B CLOEF | — | LOCK|Z?%@ | $2B | |||
| Tootsie Roll Industries Inc TR | — | LOCK|$>B!^ | $2B | |||
| Rogers Sugar Inc RSGUF | — | LOCK|vd | $610M | |||
| Ulker Biskuvi Sanayi AS ADR UELKY | — | LOCK|z>% | $545M |
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