Food & Beverages Valuation Multiples and Public Comps

Food & Beverages

See analyst estimates and all valuation multiples for Food & Beverages

Company	EV	EV/Revenue	EV/EBITDA
Coca-Cola	$337B	7.1x	21.8x
Nestlé	$310B	3.0x	14.5x
PepsiCo	$234B	2.5x	13.1x
Unilever	$173B	2.6x	12.4x
Mondelēz	$104B	2.8x	14.8x
Keurig Dr Pepper	$64.5B	4.1x	13.8x
Danone	$57.9B	2.0x	11.5x
Monster Beverage	$55.4B	7.3x	24.8x
Kraft Heinz	$53.5B	2.1x	8.5x
Nongfu Spring	$49.6B	8.1x	19.6x
Sysco	$47.4B	0.6x	10.7x
General Mills	$45.4B	2.3x	11.5x
Hershey	$38.3B	3.4x	13.7x
Kellanova	$34.1B	2.7x	14.9x
Lindt	$30.8B	4.8x	22.6x
JBS SA	$30.7B	0.4x	4.6x
Tyson Foods	$29.1B	0.5x	8.9x
Yihai Kerry	$28.2B	0.8x	27.2x
Foshan Haitian Flavouring	$28.2B	7.4x	25.3x
Yili Group	$27.2B	1.7x	11.5x
Church & Dwight	$26.9B	4.4x	19.0x
Nestlé India	$26.5B	11.2x	48.3x
McCormick & Co.	$24.6B	3.6x	18.9x
Associated British Foods	$21.2B	0.8x	5.8x
Grupo Bimbo	$21.2B	1.0x	7.4x
Ajinomoto	$20.7B	2.0x	12.8x
Conagra Brands	$20.5B	1.7x	9.7x
JM Smucker	$20.2B	2.3x	9.7x
Hormel Foods	$18.7B	1.6x	13.0x
Coca-Cola HBC	$18.3B	1.5x	10.1x
Campbell's	$18.2B	1.8x	9.5x
Kerry Group	$18.0B	2.2x	13.3x
Uni-President Enterprises	$17.8B	0.9x	7.4x
Primo Brands	$17.8B	2.6x	12.5x
Almarai	$17.1B	3.0x	12.1x
Britannia Industries	$15.0B	7.2x	41.2x
JDE Peets	$15.0B	1.5x	8.9x
Pilgrims Pride	$14.0B	0.8x	6.3x
Henan Shuanghui	$13.1B	1.6x	11.5x
Post Holdings	$12.7B	1.6x	8.9x
Tata Consumer	$12.7B	6.2x	43.2x
Orkla	$12.4B	1.9x	12.5x
WH Group	$12.3B	0.5x	3.9x
Lamb Weston	$11.9B	1.9x	9.8x
China Mengniu Dairy	$11.1B	0.9x	13.1x
BellRing Brands	$10.5B	4.8x	22.4x
Master Kong	$10.1B	0.9x	7.6x
Saputo	$9.8B	0.7x	8.8x
CELSIUS Energy Drinks	$9.6B	6.2x	31.7x
Dabur India	$9.4B	6.3x	33.6x
Ingredion	$9.4B	1.3x	7.6x
CJ CheilJedang	$9.3B	0.5x	4.4x
Smithfield Foods	$9.2B	0.6x	6.5x
Barry Callebaut	$9.0B	0.6x	7.9x
Suntory	$8.9B	0.8x	5.6x
Kikkoman	$8.7B	1.9x	12.8x
Indofood CBP	$8.0B	1.8x	7.3x
BRF	$7.9B	0.7x	4.4x
Gruma SAB	$7.9B	1.2x	7.1x
Fonterra	$7.5B	n/a	n/a
Want Want China	$7.3B	2.3x	8.5x
Lotus Bakeries	$7.2B	5.3x	27.8x
AAK	$7.1B	1.6x	12.4x
Nissin Foods	$6.0B	1.2x	8.4x
Meiji Group	$6.0B	0.8x	6.5x
Emmi	$5.9B	1.2x	11.5x
San Miguel Food	$5.8B	0.8x	4.9x
Flowers Foods	$5.3B	1.0x	9.6x
Indofood	$5.0B	0.7x	3.1x
Lancaster Colony	$4.9B	2.6x	16.9x
Nomad Foods	$4.9B	1.5x	8.3x
China Feihe	$4.8B	1.6x	5.7x
Yakult Honsha Co	$4.6B	1.4x	7.8x
Sam Yang Foods	$4.6B	3.6x	15.9x
AWL Agri Business	$4.6B	0.6x	16.4x
Premium Brands Holdings	$4.5B	1.0x	10.5x
Suedzucker	$4.5B	0.4x	6.8x
Nestlé Malaysia	$4.5B	3.1x	23.0x
NH Foods	$4.4B	0.5x	8.6x
Uni-President China	$4.3B	1.0x	9.3x
Vinamilk	$4.1B	1.7x	7.9x
National Beverage	$4.0B	3.4x	15.9x
Simply Good Foods	$4.0B	2.9x	14.5x
Toyo Suisan	$4.0B	1.2x	6.6x
Unibel	$3.6B	n/a	n/a
Yamazaki Baking	$3.5B	0.4x	5.5x
Cranswick	$3.5B	1.0x	9.5x
Lerøy Seafood Group	$3.4B	1.1x	7.3x
Hebei Yangyuan Zhihui Bev	$3.3B	n/a	n/a
Maple Leaf Foods	$3.2B	0.9x	8.0x
Glanbia	$3.2B	0.8x	6.0x
Unilever Indonesia	$3.1B	1.5x	10.0x
Ebro Foods	$3.0B	0.9x	6.8x
Strauss Group	$3.0B	1.0x	n/a
The Chefs' Warehouse	$3.0B	0.8x	13.2x
Mayora Indah	$3.0B	1.3x	9.7x
CR Beverage	$2.9B	1.5x	7.5x
Aryzta	$2.9B	1.2x	8.4x
Societe LDC	$2.9B	0.4x	4.7x
Universal Robina	$2.8B	1.0x	7.3x
Bell Food Group	$2.8B	0.5x	7.0x
Tate & Lyle	$2.8B	1.2x	5.6x
Herbalife	$2.7B	0.5x	4.3x
J&J Snack Foods	$2.7B	1.7x	13.8x
B&G Foods	$2.5B	1.3x	8.6x
SADAFCO	$2.5B	3.0x	13.8x
Treehouse Foods	$2.4B	0.7x	7.2x
Orion (Spin Co)	$2.4B	1.1x	4.9x
Premier Foods	$2.4B	1.6x	8.8x
Kewpie	$2.3B	0.7x	6.7x
Tiger Brands	$2.3B	1.1x	9.4x
WK Kellogg	$2.3B	0.8x	8.2x
Alicorp	$2.3B	0.7x	5.1x
ITO EN	$2.2B	0.7x	9.8x
Bikaji Foods	$2.1B	6.7x	52.9x
Monde Nissin	$2.0B	1.4x	7.4x
Utz Brands	$2.0B	1.4x	9.9x
Tootsie Roll	$2.0B	n/a	n/a
Cisarua Mountain Dairy	$1.9B	3.3x	16.0x
Carabao Group	$1.8B	2.9x	14.1x
AVI Ltd	$1.8B	2.0x	8.1x
Bakkavor Group	$1.7B	0.6x	6.8x
Ülker	$1.6B	0.7x	3.8x
Vita Coco	$1.6B	3.0x	18.6x
M. Dias Branco	$1.4B	0.8x	7.0x
Thai President Foods	$1.4B	n/a	n/a
Agrana Beteiligungs	$1.4B	0.4x	6.9x
Toly Bread	$1.4B	1.6x	10.2x
Vital Farms	$1.4B	2.1x	15.0x
Savencia	$1.3B	0.2x	2.6x
Westrock Coffee	$1.3B	1.5x	25.2x
Beyond Meat	$1.3B	4.0x	-14.1x
Greencore Group	$1.2B	0.5x	6.1x
Bega Cheese	$1.2B	0.5x	10.2x
Agthia Group	$1.2B	0.9x	6.7x
Osotspa	$1.2B	1.5x	8.7x
Fever-Tree	$1.1B	2.4x	17.8x
Jamieson Wellness	$1.1B	2.0x	10.6x
Bonduelle	$1.1B	0.4x	6.1x
Hain Celestial	$1.0B	0.6x	6.8x
Sligro Food Group	$1.0B	0.3x	6.5x
Modern Mills	$1.0B	3.8x	11.4x
Tanmiah Food	$958M	1.4x	9.6x
Acomo	$918M	0.6x	n/a
AG Barr	$868M	1.6x	9.6x
John B. Sanfilippo & Son	$868M	0.8x	n/a
SunOpta	$824M	1.1x	8.9x
Greenyard	$802M	0.1x	4.0x
Spadel	$737M	n/a	n/a
Daikokutenbussan	$680M	0.3x	6.1x
Oatly	$660M	0.8x	-27.0x
Suedwestdeutsche	$581M	n/a	n/a
Kofola	$563M	1.2x	7.1x
ForFarmers	$496M	0.2x	4.2x
Nichols	$489M	2.2x	12.1x
Frosta	$479M	n/a	n/a
Local Bounti	$472M	10.5x	-16.1x
Raisio	$339M	1.4x	9.5x
Lifeway Foods	$336M	1.7x	14.0x
USANA	$314M	0.4x	2.9x
Josef Manner & Comp	$292M	n/a	n/a
Whats Cooking Group	$252M	0.6x	6.7x
ADM Hamburg	$185M	n/a	n/a
Lifevantage	$169M	0.7x	8.0x
Borealis Foods	$160M	n/a	n/a
Shimadaya	$158M	n/a	n/a
Nature's Sunshine	$152M	0.3x	3.7x
Mineralbrunnen	$150M	n/a	n/a
Wawel	$149M	n/a	n/a
Miko	$143M	0.5x	3.6x
FitLife Brands	$117M	1.8x	8.1x
Orior	$106M	0.1x	2.8x
Saint Jean	$88.1M	n/a	n/a
Sapmer	$87.5M	n/a	n/a
Life Water Industries	$82.9M	n/a	n/a
Schwalbchen Molkerei	$57.7M	n/a	n/a
Amatheon Agri Holding	$52.7M	n/a	n/a
Poulaillon	$49.9M	0.4x	3.5x
Omer-Decugis	$41.4M	0.1x	4.0x
KKO International	$39.7M	n/a	n/a
Stadlauer Malzfabrik	$30.4M	n/a	n/a
Veganz Gr	$18.5M	n/a	n/a
Fountain	$16.9M	n/a	n/a
Ecomiam	$14.1M	0.3x	-53.9x
Paulic Meunerie	$11.9M	0.6x	14.3x
Oriental Rise Holdings	-$14.0M	n/a	n/a
Wing Yip	-$25.6M	n/a	n/a
Fleury Michon	-$100M	-0.1x	-2.0x