Food & Beverages Valuation Multiples and Public Comps

Food & Beverages

See analyst estimates and all valuation multiples for Food & Beverages

Company	EV	EV/LTM Revenue	EV/LTM EBITDA
Coca-Cola	$336B	7.1x	21.4x
Nestlé	$322B	2.8x	13.9x
PepsiCo	$240B	2.6x	13.4x
Unilever	$176B	2.5x	11.9x
Mondelēz	$109B	2.9x	15.7x
Keurig Dr Pepper	$62.5B	4.0x	13.3x
Danone	$60.7B	1.9x	11.0x
Nongfu Spring	$60.4B	9.4x	23.0x
Monster Beverage	$55.8B	7.2x	24.3x
Kraft Heinz	$51.7B	2.0x	8.4x
Sysco	$51.1B	0.6x	11.9x
General Mills	$42.1B	2.2x	11.0x
Lindt	$40.2B	5.6x	26.1x
Hershey	$39.5B	3.5x	15.4x
Kellanova	$33.6B	2.6x	14.9x
Ajinomoto	$29.0B	2.7x	17.0x
Yili Group	$28.5B	1.7x	12.6x
Nestlé India	$28.0B	11.5x	48.7x
Foshan Haitian Flavouring	$27.2B	6.9x	23.4x
Tyson Foods	$27.1B	0.5x	8.0x
Yihai Kerry	$25.2B	0.7x	22.5x
Associated British Foods	$25.0B	0.9x	6.8x
Church & Dwight	$24.9B	4.1x	17.7x
McCormick & Co.	$23.5B	3.5x	17.8x
Uni-President Enterprises	$22.5B	1.0x	7.6x
Coca-Cola HBC	$21.7B	1.7x	10.9x
Grupo Bimbo	$21.3B	0.9x	6.9x
Kerry Group	$19.7B	2.2x	13.4x
JM Smucker	$19.0B	2.2x	9.1x
JDE Peets	$18.8B	1.7x	10.4x
Hormel Foods	$18.2B	1.5x	12.6x
Conagra Brands	$17.1B	1.5x	8.6x
Britannia Industries	$16.1B	7.5x	41.6x
Primo Brands	$16.1B	2.3x	10.8x
Campbell's	$16.0B	1.6x	8.4x
Almarai	$15.4B	2.7x	10.9x
Barry Callebaut	$14.6B	0.8x	12.3x
WH Group	$14.2B	0.5x	4.5x
Orkla	$12.7B	1.8x	12.4x
Tata Consumer	$12.6B	5.9x	41.0x
Henan Shuanghui	$12.3B	1.5x	10.6x
Post Holdings	$12.3B	1.5x	8.4x
Pilgrims Pride	$12.0B	0.7x	5.5x
CELSIUS Energy Drinks	$11.3B	6.2x	32.9x
Saputo	$11.2B	0.8x	9.4x
Lamb Weston	$11.1B	1.7x	9.4x
Smithfield Foods	$10.7B	0.7x	7.1x
Dabur India	$10.7B	7.1x	38.2x
CJ CheilJedang	$10.1B	0.5x	4.6x
China Mengniu Dairy	$9.7B	0.8x	9.3x
Ingredion	$9.5B	1.3x	7.6x
Suntory	$9.0B	0.8x	5.4x
Master Kong	$8.8B	0.8x	6.5x
Indofood CBP	$8.6B	1.8x	7.5x
BellRing Brands	$8.3B	3.7x	17.4x
BRF	$8.1B	0.7x	4.3x
Fonterra	$8.1B	n/a	n/a
Kikkoman	$8.0B	1.6x	11.3x
Want Want China	$7.8B	2.4x	8.5x
Sam Yang Foods	$7.7B	5.1x	20.6x
Gruma SAB	$7.6B	1.1x	6.4x
Lotus Bakeries	$7.5B	4.9x	25.2x
AAK	$7.4B	1.5x	12.3x
Emmi	$6.4B	1.1x	10.9x
San Miguel Food	$6.2B	0.9x	4.9x
Nissin Foods	$6.0B	1.1x	8.0x
Indofood	$5.9B	0.8x	3.6x
Meiji Group	$5.6B	0.7x	5.7x
Flowers Foods	$5.4B	1.0x	9.9x
Premium Brands Holdings	$5.4B	1.1x	11.3x
Toyo Suisan	$4.9B	1.4x	7.9x
AWL Agri Business	$4.9B	0.6x	17.3x
Nomad Foods	$4.8B	1.4x	7.6x
Uni-President China	$4.6B	1.1x	9.6x
Tate & Lyle	$4.5B	1.8x	8.2x
Nestlé Malaysia	$4.4B	2.9x	20.9x
NH Foods	$4.4B	0.5x	7.7x
Glanbia	$4.4B	1.1x	8.0x
Suedzucker	$4.3B	0.4x	5.5x
National Beverage	$4.2B	3.5x	16.4x
Vinamilk	$4.2B	1.8x	8.6x
Yakult Honsha Co	$4.1B	1.2x	7.0x
Cranswick	$4.1B	1.1x	10.0x
Maple Leaf Foods	$4.0B	1.1x	8.9x
Yamazaki Baking	$4.0B	0.5x	5.9x
Societe LDC	$4.0B	0.5x	6.3x
Strauss Group	$3.9B	1.1x	n/a
Lerøy Seafood Group	$3.7B	1.2x	7.4x
Universal Robina	$3.6B	1.2x	9.3x
Unilever Indonesia	$3.6B	1.7x	11.0x
Ebro Foods	$3.4B	0.9x	7.0x
Simply Good Foods	$3.4B	2.4x	12.3x
The Chefs' Warehouse	$3.4B	0.9x	14.8x
Aryzta	$3.4B	1.3x	8.7x
Kewpie	$3.2B	0.9x	8.9x
a2 Milk	$3.1B	2.7x	19.0x
Bell Food Group	$3.0B	0.5x	6.8x
Mayora Indah	$3.0B	1.3x	9.6x
Herbalife	$3.0B	0.6x	4.7x
Hebei Yangyuan Zhihui Bev	$2.9B	3.8x	10.7x
China Feihe	$2.8B	1.0x	3.7x
WK Kellogg	$2.7B	1.0x	10.1x
Alicorp	$2.6B	0.8x	5.2x
Treehouse Foods	$2.6B	0.8x	7.4x
Orion (Spin Co)	$2.6B	1.1x	4.9x
Tootsie Roll	$2.6B	n/a	n/a
CR Beverage	$2.5B	1.3x	6.1x
Premier Foods	$2.4B	1.5x	8.2x
J&J Snack Foods	$2.4B	1.5x	13.1x
B&G Foods	$2.3B	1.2x	8.1x
Tiger Brands	$2.3B	1.1x	8.9x
Monde Nissin	$2.2B	1.5x	8.2x
ITO EN	$2.2B	0.7x	9.7x
Bikaji Foods	$2.2B	6.9x	52.0x
Utz Brands	$2.2B	1.5x	10.4x
SADAFCO	$2.1B	2.6x	13.1x
Cisarua Mountain Dairy	$2.1B	3.6x	17.0x
Bakkavor Group	$2.1B	0.7x	7.8x
Vita Coco	$2.1B	3.8x	23.8x
AVI Ltd	$1.9B	2.1x	8.5x
Ülker	$1.8B	0.7x	4.0x
Carabao Group	$1.8B	2.6x	12.3x
Greencore Group	$1.7B	0.7x	7.2x
Podravka	$1.6B	n/a	n/a
Italmobiliare	$1.6B	1.6x	9.0x
M. Dias Branco	$1.6B	0.9x	7.5x
Savencia	$1.5B	0.2x	2.8x
Vital Farms	$1.5B	2.2x	16.1x
Osotspa	$1.5B	1.8x	9.7x
Kernel Holding	$1.5B	0.4x	2.1x
Thai President Foods	$1.4B	n/a	n/a
Fever-Tree	$1.4B	2.8x	21.8x
Westrock Coffee	$1.4B	1.5x	24.6x
Agrana Beteiligungs	$1.4B	0.3x	6.4x
Agthia Group	$1.4B	1.0x	7.2x
Beyond Meat	$1.4B	4.4x	-14.0x
Toly Bread	$1.3B	1.6x	10.2x
Bega Cheese	$1.3B	0.5x	9.9x
Jamieson Wellness	$1.3B	2.2x	11.3x
Sligro Food Group	$1.2B	0.4x	6.8x
Bonduelle	$1.2B	0.5x	6.2x
Cloetta	$1.2B	n/a	n/a
SunOpta	$1.1B	1.4x	11.3x
Acomo	$1.1B	0.6x	8.0x
Atlantic Grupa	$992M	n/a	n/a
AG Barr	$976M	1.7x	10.0x
Greenyard	$964M	0.2x	4.4x
Zinzino Holding	$908M	n/a	n/a
John B. Sanfilippo & Son	$892M	n/a	n/a
Arabian Mills	$884M	3.3x	8.7x
Modern Mills	$883M	3.2x	10.1x
Tanmiah Food	$883M	1.2x	8.7x
Scandi Standard	$877M	0.6x	8.7x
Hain Celestial	$870M	0.6x	7.0x
Aker BioMarine	$852M	3.4x	20.8x
Oatly Group	$850M	n/a	n/a
Oatly	$850M	1.0x	-64.2x
Spadel	$817M	n/a	n/a
Marr	$791M	0.3x	5.5x
NewPrinces	$761M	0.2x	3.4x
Suedwestdeutsche	$761M	n/a	n/a
Daikokutenbussan	$717M	0.3x	n/a
Kri-Kri Milk Industry	$709M	2.1x	12.8x
Kofola	$708M	n/a	n/a
Nichols	$636M	2.6x	14.4x
Tarczynski	$631M	n/a	n/a
Frosta	$625M	0.8x	6.4x
Humble Gr	$569M	0.7x	7.5x
ForFarmers	$532M	0.2x	4.4x
Local Bounti	$518M	10.2x	-21.9x
USANA	$409M	0.5x	3.7x
Orsero	$405M	0.2x	4.2x
Raisio	$378M	1.4x	9.1x
Lifeway Foods	$361M	1.8x	16.2x
HKFoods	$340M	0.3x	4.7x
Orior	$325M	0.4x	7.5x
Deoleo	$289M	n/a	n/a
Whats Cooking Group	$287M	0.6x	7.4x
Fine Foods	$283M	0.9x	7.1x
Josef Manner & Comp	$275M	n/a	n/a
ADM Hamburg	$238M	n/a	n/a
Nature's Sunshine	$203M	0.4x	4.9x
Vilkyskiu pienine	$197M	n/a	n/a
Rokiskio Suris	$194M	n/a	n/a
Kras, prehrambena	$193M	n/a	n/a
Mineralbrunnen	$190M	n/a	n/a
Midsona	$173M	n/a	n/a
Wawel	$172M	n/a	n/a
Shimadaya	$164M	0.6x	n/a
Miko	$156M	0.5x	3.9x
Lifevantage	$153M	0.7x	7.6x
Valsoia	$132M	0.9x	7.6x
FitLife Brands	$126M	1.9x	8.8x
Zemaitijos Pienas	$125M	n/a	n/a
Misitano & Stracuzzi	$124M	1.3x	7.1x
Cakovecki Mlinovi	$118M	n/a	n/a
Apetit	$108M	0.6x	5.8x
Naturhouse Health	$106M	n/a	n/a
Borealis Foods	$103M	n/a	n/a
Pieno zvaigzdes	$102M	n/a	n/a
Saint Jean	$102M	n/a	n/a
Sapmer	$97.0M	n/a	n/a
Pamapol	$94.0M	n/a	n/a
Life Water Industries	$90.3M	n/a	n/a
Hipromine	$83.8M	n/a	n/a
Skane-Mollan	$75.6M	n/a	n/a
Fodelia	$69.8M	1.1x	10.3x
Enervit	$68.0M	0.6x	6.0x
Omer-Decugis	$66.4M	0.2x	4.9x
Cheffelo	$62.7M	0.5x	6.0x
Poulaillon	$59.1M	0.4x	3.8x
Schwalbchen Molkerei	$57.0M	n/a	n/a
Alkis h. Hadjikyriakos	$56.7M	n/a	n/a
Zaklady Przemyslu	$54.4M	n/a	n/a
Amatheon Agri Holding	$50.3M	n/a	n/a
Makarony Polskie	$49.3M	n/a	n/a
Przedsiebiorstwo	$49.1M	n/a	n/a
Vitaminka	$46.8M	n/a	n/a
Premium Snacks Nordic	$44.3M	0.9x	11.0x
Krynica Vitamin	$43.1M	n/a	n/a
Atlanta Poland	$40.2M	n/a	n/a
Helio	$37.1M	n/a	n/a
Veganz Gr	$36.0M	2.5x	-11.4x
Stadlauer Malzfabrik	$34.6M	n/a	n/a
KKO International	$33.6M	n/a	n/a
Sama Water	$31.9M	n/a	n/a
Eurosnack	$29.5M	n/a	n/a
Civita Group	$27.6M	n/a	n/a
Bio Planet	$22.9M	n/a	n/a
Dug Foodtech	$19.6M	n/a	n/a
Fountain	$18.2M	n/a	n/a
High Quality Food	$17.6M	0.7x	7.9x
Seko	$17.2M	0.3x	3.4x
New Nordic Healthbrands	$16.8M	n/a	n/a
Longino & Cardenal	$16.2M	0.4x	12.1x
Ecomiam	$15.7M	0.3x	-7.4x
Paulic Meunerie	$14.9M	0.6x	9.7x
Laboratorio Farmaceutico	$13.0M	1.4x	6.0x
Biogena Gr Inv	$12.6M	n/a	n/a
M Food	$10.6M	n/a	n/a
Kalve Coffee	$9.0M	n/a	n/a
Lohilo Foods	$8.3M	0.4x	9.8x
Excellence	$8.0M	n/a	n/a
Centrale del Latte	$7.1M	0.0x	0.2x
Eskimos	$5.6M	n/a	n/a
Milkpol	$2.9M	n/a	n/a
Eevia Health	$1.6M	n/a	n/a
Cba Asset Mg Or	$1.2M	n/a	n/a
FuturAqua Mineral Water	$1.0M	n/a	n/a
Wonderboo Holding	$0.6M	n/a	n/a
Hemply Balance Holding	$0.5M	n/a	n/a
Wing Yip	-$23.5M	n/a	n/a
Oriental Rise Holdings	-$31.8M	n/a	n/a
Fleury Michon	-$137M	-0.1x	-2.5x