Fonterra Co-Operative Group Ltd
NZX:FCG

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Fonterra Co-Operative Group Ltd Logo
Fonterra Co-Operative Group Ltd
NZX:FCG
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Price: 4.93 NZD -0.4% Market Closed
Market Cap: 7.9B NZD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one FCG stock under the Base Case scenario is 6.63 NZD. Compared to the current market price of 4.93 NZD, Fonterra Co-Operative Group Ltd is Undervalued by 26%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

FCG Relative Value
Base Case
6.63 NZD
Undervaluation 26%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

0.3
P/S
P/S
Price to Sales
0.3
vs History
14
vs Industry
86
Median 3Y
0.2
Median 5Y
0.2
Industry
0.9
More Details
7
P/E
P/E
Price to Earnings
7
vs History
53
vs Industry
67
Median 3Y
6.1
Median 5Y
6.7
Industry
15.8
More Details
3.4
P/OCF
P/OCF
Price to OCF
3.4
vs History
65
vs Industry
67
Median 3Y
2.5
Median 5Y
3.4
Industry
9.8
More Details
13.9
P/FCFE
P/FCFE
Price to FCFE
13.9
vs History
11
vs Industry
45
Median 3Y
5.7
Median 5Y
-7.2
Industry
17.4
More Details
1
P/B
P/B
Price to Book Value
1
vs History
28
vs Industry
78
Median 3Y
0.6
Median 5Y
0.7
Industry
1.5
More Details
0.4
EV/S
EV/S
Enterprise Value to Sales
0.4
vs History
63
vs Industry
80
Median 3Y
0.3
Median 5Y
0.4
Industry
1.1
More Details
2.6
EV/GP
EV/GP
Enterprise Value to Gross Profit
2.6
vs History
68
vs Industry
73
Median 3Y
2.3
Median 5Y
2.7
Industry
4.7
More Details
4.5
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
4.5
vs History
71
vs Industry
68
Median 3Y
4.1
Median 5Y
5.3
Industry
9.9
More Details
6.3
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
6.3
vs History
74
vs Industry
65
Median 3Y
5.9
Median 5Y
9.1
Industry
12.7
More Details
4.2
EV/OCF
EV/OCF
Enterprise Value to OCF
4.2
vs History
65
vs Industry
65
Median 3Y
3.3
Median 5Y
6.5
Industry
10.8
More Details
5.9
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
5.9
vs History
65
vs Industry
52
Median 3Y
4.5
Median 5Y
9.2
Industry
15
More Details
0.8
EV/IC
EV/IC
Enterprise Value to IC
0.8
vs History
33
vs Industry
72
Median 3Y
0.6
Median 5Y
0.6
Industry
1.1
More Details

Multiples Across Competitors

FCG Competitors Multiples
Fonterra Co-Operative Group Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
NZ
Fonterra Co-Operative Group Ltd
NZX:FCG
7.9B NZD 0.3 7 4.5 6.3
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY 23 895.9 540 752.8 186 542.5 318 284.3
CH
Nestle SA
SIX:NESN
230.5B CHF 2.5 21.2 14.3 17.6
US
Mondelez International Inc
NASDAQ:MDLZ
85.6B USD 2.3 18.6 12.5 14.9
FR
Danone SA
PAR:BN
45.5B EUR 1.7 22.6 10.8 14.4
ZA
Tiger Brands Ltd
JSE:TBS
41.4B Zac 0 0 0 0
US
Kraft Heinz Co
NASDAQ:KHC
34.8B USD 1.3 12.7 8.3 9.8
US
Hershey Co
NYSE:HSY
34B USD 3 15.3 11.2 12.9
US
General Mills Inc
NYSE:GIS
31.8B USD 1.6 12.4 10.5 12.1
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
222.3B CNY 8.4 36.4 30.7 30.7
ZA
Avi Ltd
JSE:AVI
30B Zac 0 0 0 0
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
NZ
Fonterra Co-Operative Group Ltd
NZX:FCG
Average EV/EBITDA: 20 738.4
4.5
N/A N/A
JP
G
Goyo Foods Industry Co Ltd
TSE:2230
186 542.5
N/A N/A
CH
Nestle SA
SIX:NESN
14.3
4%
3.6
US
Mondelez International Inc
NASDAQ:MDLZ
12.5
-1%
N/A
FR
Danone SA
PAR:BN
10.8
6%
1.8
ZA
T
Tiger Brands Ltd
JSE:TBS
Not Available
23%
N/A
US
Kraft Heinz Co
NASDAQ:KHC
8.3
0%
N/A
US
Hershey Co
NYSE:HSY
11.2
-8%
N/A
US
General Mills Inc
NYSE:GIS
10.5
-1%
N/A
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
30.7
18%
1.7
ZA
A
Avi Ltd
JSE:AVI
Not Available
7%
N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
NZ
Fonterra Co-Operative Group Ltd
NZX:FCG
Average EV/EBIT: 35 378.1
6.3
N/A N/A
JP
G
Goyo Foods Industry Co Ltd
TSE:2230
318 284.3
N/A N/A
CH
Nestle SA
SIX:NESN
17.6
3%
5.9
US
Mondelez International Inc
NASDAQ:MDLZ
14.9
-2%
N/A
FR
Danone SA
PAR:BN
14.4
7%
2.1
ZA
T
Tiger Brands Ltd
JSE:TBS
Not Available
15%
N/A
US
Kraft Heinz Co
NASDAQ:KHC
9.8
0%
N/A
US
Hershey Co
NYSE:HSY
12.9
-10%
N/A
US
General Mills Inc
NYSE:GIS
12.1
-1%
N/A
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
30.7
14%
2.2
ZA
A
Avi Ltd
JSE:AVI
Not Available
7%
N/A

See Also

Summary
FCG intrinsic value, competitors valuation, and company profile.
DCF Valuation
FCG stock valuation using Discount Cash Flow valuation method.
Relative Valuation
FCG stock valuation using valuation multiples.
Wall Street Estimates
FCG price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
FCG stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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