Cloetta AB
STO:CLA B

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Cloetta AB
STO:CLA B
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Price: 27.88 SEK 0.36% Market Closed
Market Cap: 7.9B SEK

Relative Value

The Relative Value of one CLA B stock under the Base Case scenario is 34.69 SEK. Compared to the current market price of 27.88 SEK, Cloetta AB is Undervalued by 20%.

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.

CLA B Relative Value
Base Case
34.69 SEK
Undervaluation 20%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
30
vs Industry
52
Median 3Y
0.8
Median 5Y
0.8
Industry
0.9
Forward
0.9
vs History
33
vs Industry
43
Median 3Y
14.1
Median 5Y
15.4
Industry
15.8
Forward
13.8
vs History
22
vs Industry
43
Median 3Y
8
Median 5Y
8.5
Industry
9.8
vs History
50
vs Industry
36
Median 3Y
14.1
Median 5Y
14
Industry
17.4
vs History
15
vs Industry
51
Median 3Y
1.1
Median 5Y
1.3
Industry
1.5
vs History
31
vs Industry
48
Median 3Y
1
Median 5Y
1.1
Industry
1.1
Forward
1
vs History
26
vs Industry
58
Median 3Y
3.1
Median 5Y
3.1
Industry
4.7
vs History
36
vs Industry
35
Median 3Y
10.1
Median 5Y
10.2
Industry
9.9
Forward
7.8
vs History
46
vs Industry
45
Median 3Y
10.3
Median 5Y
10.4
Industry
12.7
Forward
9.4
vs History
34
vs Industry
39
Median 3Y
10.8
Median 5Y
10.4
Industry
10.8
vs History
42
vs Industry
32
Median 3Y
14.7
Median 5Y
14.6
Industry
15
vs History
15
vs Industry
60
Median 3Y
0.8
Median 5Y
0.8
Industry
1.1

Multiples Across Competitors

CLA B Competitors Multiples
Cloetta AB Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
SE
Cloetta AB
STO:CLA B
8B SEK 0.9 16.7 10.4 10.4
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
235.9B CHF 2.6 21.7 14.6 17.9
US
Mondelez International Inc
NASDAQ:MDLZ
85B USD 2.3 18.4 12.4 14.8
FR
Danone SA
PAR:BN
46.3B EUR 1.7 22.9 11 14.6
ZA
Tiger Brands Ltd
JSE:TBS
41.1B Zac 0 0 0 0
US
Kraft Heinz Co
NASDAQ:KHC
35.3B USD 1.4 12.9 8.4 9.9
US
Hershey Co
NYSE:HSY
33.8B USD 3 15.2 11.1 12.8
US
General Mills Inc
NYSE:GIS
32.4B USD 1.6 12.4 10.1 11.6
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
P/S Multiple
Revenue Growth P/S to Growth
SE
Cloetta AB
STO:CLA B
Average P/S: 2 657.5
0.9
3%
0.3
JP
G
Goyo Foods Industry Co Ltd
TSE:2230
23 895.9
N/A N/A
CH
Nestle SA
SIX:NESN
2.6
4%
0.6
US
Mondelez International Inc
NASDAQ:MDLZ
2.3
4%
0.6
FR
Danone SA
PAR:BN
1.7
5%
0.3
ZA
T
Tiger Brands Ltd
JSE:TBS
Not Available
6%
N/A
US
Kraft Heinz Co
NASDAQ:KHC
1.4
0%
N/A
US
Hershey Co
NYSE:HSY
3
3%
1
US
General Mills Inc
NYSE:GIS
1.6
0%
N/A
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
8.4
11%
0.8
ZA
A
Avi Ltd
JSE:AVI
Not Available
7%
N/A
P/E Multiple
Earnings Growth PEG
SE
Cloetta AB
STO:CLA B
Average P/E: 60 101.1
16.7
9%
1.9
JP
G
Goyo Foods Industry Co Ltd
TSE:2230
540 752.8
N/A N/A
CH
Nestle SA
SIX:NESN
21.7
9%
2.4
US
Mondelez International Inc
NASDAQ:MDLZ
18.4
0%
N/A
FR
Danone SA
PAR:BN
22.9
13%
1.8
ZA
T
Tiger Brands Ltd
JSE:TBS
Not Available
14%
N/A
US
Kraft Heinz Co
NASDAQ:KHC
12.9
9%
1.4
US
Hershey Co
NYSE:HSY
15.2
-12%
N/A
US
General Mills Inc
NYSE:GIS
12.4
2%
6.2
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
36.4
12%
3
ZA
A
Avi Ltd
JSE:AVI
Not Available
9%
N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
SE
Cloetta AB
STO:CLA B
Average EV/EBITDA: 20 739
10.4
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
14.6
4%
3.6
US
Mondelez International Inc
NASDAQ:MDLZ
12.4
-1%
N/A
FR
Danone SA
PAR:BN
11
6%
1.8
ZA
T
Tiger Brands Ltd
JSE:TBS
Not Available
23%
N/A
US
Kraft Heinz Co
NASDAQ:KHC
8.4
0%
N/A
US
Hershey Co
NYSE:HSY
11.1
-8%
N/A
US
General Mills Inc
NYSE:GIS
10.1
-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
SE
Cloetta AB
STO:CLA B
Average EV/EBIT: 35 378.6
10.4
4%
2.6
JP
G
Goyo Foods Industry Co Ltd
TSE:2230
318 284.3
N/A N/A
CH
Nestle SA
SIX:NESN
17.9
3%
6
US
Mondelez International Inc
NASDAQ:MDLZ
14.8
-2%
N/A
FR
Danone SA
PAR:BN
14.6
7%
2.1
ZA
T
Tiger Brands Ltd
JSE:TBS
Not Available
15%
N/A
US
Kraft Heinz Co
NASDAQ:KHC
9.9
0%
N/A
US
Hershey Co
NYSE:HSY
12.8
-10%
N/A
US
General Mills Inc
NYSE:GIS
11.6
-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