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	$319B	2.8x	13.8x
Unilever	$179B	2.6x	12.1x
Mondelēz	$106B	2.8x	15.2x
Keurig Dr Pepper	$62.5B	4.0x	13.3x
Danone	$60.9B	1.9x	11.0x
Monster Beverage	$55.7B	7.2x	24.3x
Nongfu Spring	$54.8B	8.5x	21.1x
Kraft Heinz	$50.9B	2.0x	8.3x
Sysco	$50.3B	0.6x	11.7x
General Mills	$42.9B	2.2x	11.2x
Lindt	$39.3B	5.5x	25.6x
Hershey	$38.2B	3.4x	14.7x
Kellanova	$33.5B	2.6x	14.8x
Ajinomoto	$28.2B	2.6x	16.7x
Yili Group	$28.1B	1.7x	12.5x
Tyson Foods	$27.4B	0.5x	8.1x
Nestlé India	$27.2B	11.2x	47.4x
Foshan Haitian Flavouring	$27.2B	6.9x	23.4x
Church & Dwight	$25.3B	4.1x	18.0x
Yihai Kerry	$25.0B	0.7x	22.5x
Associated British Foods	$23.8B	0.9x	6.5x
McCormick & Co.	$23.6B	3.5x	18.0x
Grupo Bimbo	$21.4B	0.9x	6.9x
Coca-Cola HBC	$21.2B	1.6x	10.7x
Kerry Group	$19.9B	2.3x	13.6x
Hormel Foods	$18.9B	1.6x	13.2x
JM Smucker	$18.9B	2.1x	9.1x
JDE Peets	$18.8B	1.7x	10.3x
Conagra Brands	$17.3B	1.5x	8.4x
Britannia Industries	$16.1B	7.5x	41.8x
Campbell's	$16.1B	1.6x	8.4x
Primo Brands	$15.9B	2.3x	10.7x
Almarai	$15.6B	2.7x	11.0x
WH Group	$13.7B	0.5x	4.4x
Barry Callebaut	$13.5B	0.8x	11.0x
Tata Consumer	$12.4B	5.8x	40.4x
Post Holdings	$12.3B	1.5x	8.5x
Orkla	$12.2B	1.7x	11.9x
Henan Shuanghui	$12.2B	1.4x	10.5x
Pilgrims Pride	$12.1B	0.7x	5.4x
CELSIUS Energy Drinks	$11.5B	6.4x	33.7x
Lamb Weston	$11.4B	1.8x	9.6x
Saputo	$10.9B	0.8x	9.2x
Dabur India	$10.8B	7.2x	38.9x
Smithfield Foods	$10.8B	0.7x	7.3x
CJ CheilJedang	$10.2B	0.5x	4.6x
Ingredion	$9.7B	1.3x	7.7x
China Mengniu Dairy	$9.4B	0.8x	9.0x
Suntory	$8.8B	0.7x	5.3x
Master Kong	$8.6B	0.8x	6.4x
Indofood CBP	$8.6B	1.8x	7.5x
BRF	$8.5B	0.7x	4.5x
BellRing Brands	$8.3B	3.7x	17.4x
Sam Yang Foods	$8.0B	5.4x	21.7x
Fonterra	$8.0B	n/a	n/a
Kikkoman	$7.8B	1.6x	11.1x
Want Want China	$7.6B	2.3x	8.4x
Gruma SAB	$7.6B	1.1x	6.4x
AAK	$6.8B	1.4x	11.4x
Emmi	$6.3B	1.1x	10.8x
San Miguel Food	$6.3B	0.9x	4.9x
Nissin Foods	$6.1B	1.1x	8.1x
Indofood	$5.9B	0.8x	3.6x
Meiji Group	$5.6B	0.7x	5.8x
Flowers Foods	$5.5B	1.0x	10.0x
Premium Brands Holdings	$5.1B	1.0x	10.9x
Nomad Foods	$4.8B	1.4x	7.6x
Uni-President China	$4.6B	1.1x	9.6x
Nestlé Malaysia	$4.5B	3.0x	21.4x
Tate & Lyle	$4.5B	1.8x	8.2x
Toyo Suisan	$4.5B	1.3x	7.1x
Suedzucker	$4.5B	0.4x	5.7x
NH Foods	$4.4B	0.5x	7.7x
Glanbia	$4.3B	1.1x	7.9x
Yakult Honsha Co	$4.3B	1.2x	7.2x
Vinamilk	$4.2B	1.7x	8.5x
Societe LDC	$4.1B	0.5x	6.5x
National Beverage	$4.0B	3.3x	15.6x
Cranswick	$4.0B	1.1x	9.9x
Maple Leaf Foods	$4.0B	1.1x	8.8x
Universal Robina	$3.8B	1.3x	9.8x
Unilever Indonesia	$3.8B	1.8x	11.6x
Yamazaki Baking	$3.8B	0.4x	5.6x
Lerøy Seafood Group	$3.6B	1.1x	7.3x
Ebro Foods	$3.5B	0.9x	7.0x
Simply Good Foods	$3.5B	2.4x	12.4x
The Chefs' Warehouse	$3.4B	0.9x	14.9x
Aryzta	$3.4B	1.3x	8.7x
Kewpie	$3.2B	0.9x	8.8x
Mayora Indah	$3.2B	1.3x	10.1x
Herbalife	$3.1B	0.6x	4.9x
Bell Food Group	$3.0B	0.5x	6.8x
a2 Milk	$2.9B	2.6x	17.8x
Hebei Yangyuan Zhihui Bev	$2.9B	3.7x	10.4x
China Feihe	$2.8B	1.0x	3.7x
Orion (Spin Co)	$2.7B	1.2x	5.2x
WK Kellogg	$2.7B	1.0x	9.8x
Alicorp	$2.6B	0.8x	5.3x
Treehouse Foods	$2.6B	0.8x	7.5x
Premier Foods	$2.5B	1.6x	8.4x
J&J Snack Foods	$2.4B	1.5x	13.0x
Tootsie Roll	$2.4B	n/a	n/a
B&G Foods	$2.3B	1.2x	8.2x
Tiger Brands	$2.3B	1.1x	8.9x
Monde Nissin	$2.3B	1.5x	8.4x
CR Beverage	$2.2B	1.1x	5.3x
SADAFCO	$2.2B	2.7x	13.5x
ITO EN	$2.2B	0.7x	9.5x
Utz Brands	$2.1B	1.5x	10.3x
Cisarua Mountain Dairy	$2.1B	3.6x	17.2x
Bakkavor Group	$2.1B	0.7x	7.6x
Vita Coco	$2.0B	3.6x	22.4x
AVI Ltd	$1.9B	2.1x	8.4x
Ülker	$1.8B	0.7x	4.0x
M. Dias Branco	$1.7B	0.9x	8.1x
Podravka	$1.7B	n/a	n/a
Carabao Group	$1.7B	2.5x	11.8x
Greencore Group	$1.7B	0.6x	7.1x
Italmobiliare	$1.6B	1.5x	8.8x
Vital Farms	$1.6B	2.3x	16.5x
Savencia	$1.5B	0.2x	2.7x
Agrana Beteiligungs	$1.5B	0.4x	6.7x
Kernel Holding	$1.4B	0.4x	2.0x
Osotspa	$1.4B	1.7x	9.1x
Thai President Foods	$1.4B	n/a	n/a
Agthia Group	$1.4B	1.0x	7.2x
Beyond Meat	$1.4B	4.4x	-14.0x
Westrock Coffee	$1.4B	1.5x	24.4x
Fever-Tree	$1.4B	2.7x	21.1x
Toly Bread	$1.3B	1.6x	10.1x
Bega Cheese	$1.3B	0.5x	9.8x
Sligro Food Group	$1.3B	0.4x	7.0x
Jamieson Wellness	$1.2B	2.2x	11.3x
Bonduelle	$1.2B	0.5x	6.2x
Cloetta	$1.1B	n/a	n/a
SunOpta	$1.1B	1.4x	11.2x
Acomo	$1.1B	0.6x	8.0x
Zinzino Holding	$1.0B	n/a	n/a
Atlantic Grupa	$980M	n/a	n/a
AG Barr	$950M	1.6x	9.8x
Greenyard	$950M	0.1x	4.3x
Modern Mills	$912M	3.3x	10.4x
John B. Sanfilippo & Son	$905M	n/a	n/a
Tanmiah Food	$905M	1.3x	8.9x
Arabian Mills	$897M	3.4x	8.8x
Scandi Standard	$883M	0.6x	8.7x
Hain Celestial	$874M	0.6x	6.9x
Oatly Group	$802M	n/a	n/a
Oatly	$793M	0.9x	-56.5x
Marr	$772M	0.3x	5.3x
Daikokutenbussan	$757M	0.4x	n/a
Suedwestdeutsche	$755M	n/a	n/a
Kofola	$740M	n/a	n/a
Aker BioMarine	$740M	3.0x	18.6x
Kri-Kri Milk Industry	$717M	2.2x	13.0x
Nichols	$636M	2.6x	14.5x
Frosta	$623M	0.8x	6.4x
Tarczynski	$620M	n/a	n/a
NewPrinces	$610M	0.2x	2.8x
Humble Gr	$568M	0.7x	7.5x
ForFarmers	$538M	0.2x	4.4x
Local Bounti	$517M	10.3x	-21.5x
USANA	$458M	0.5x	4.1x
Orsero	$417M	0.2x	4.3x
Raisio	$375M	1.4x	9.1x
Lifeway Foods	$362M	1.8x	16.3x
HKFoods	$348M	0.3x	4.8x
Orior	$330M	0.4x	7.6x
Deoleo	$294M	n/a	n/a
Whats Cooking Group	$291M	0.6x	7.5x
Fine Foods	$280M	0.9x	7.0x
Josef Manner & Comp	$275M	n/a	n/a
ADM Hamburg	$238M	n/a	n/a
Nature's Sunshine	$217M	0.5x	5.2x
Vilkyskiu pienine	$205M	n/a	n/a
Mineralbrunnen	$194M	n/a	n/a
Kras, prehrambena	$193M	n/a	n/a
Rokiskio Suris	$185M	n/a	n/a
Midsona	$176M	n/a	n/a
Wawel	$168M	n/a	n/a
Shimadaya	$164M	0.6x	n/a
Miko	$158M	0.5x	3.9x
Lifevantage	$141M	0.6x	7.0x
FitLife Brands	$129M	2.0x	9.0x
Cakovecki Mlinovi	$128M	n/a	n/a
Valsoia	$126M	0.9x	7.3x
Misitano & Stracuzzi	$125M	1.3x	7.2x
Zemaitijos Pienas	$124M	n/a	n/a
Naturhouse Health	$107M	n/a	n/a
Apetit	$106M	0.5x	5.7x
Borealis Foods	$105M	n/a	n/a
Saint Jean	$102M	n/a	n/a
Pieno zvaigzdes	$99.7M	n/a	n/a
Sapmer	$98.8M	n/a	n/a
Pamapol	$93.8M	n/a	n/a
Life Water Industries	$91.4M	n/a	n/a
Hipromine	$84.4M	n/a	n/a
Skane-Mollan	$73.8M	n/a	n/a
Fodelia	$69.1M	1.0x	10.2x
Enervit	$68.0M	0.6x	6.0x
Omer-Decugis	$67.4M	0.2x	5.0x
Cheffelo	$61.0M	0.5x	5.9x
Poulaillon	$60.6M	0.4x	3.9x
Alkis h. Hadjikyriakos	$57.9M	n/a	n/a
Schwalbchen Molkerei	$55.5M	n/a	n/a
Amatheon Agri Holding	$53.6M	n/a	n/a
Zaklady Przemyslu	$53.6M	n/a	n/a
Makarony Polskie	$49.3M	n/a	n/a
Przedsiebiorstwo	$49.2M	n/a	n/a
Vitaminka	$46.8M	n/a	n/a
Premium Snacks Nordic	$44.4M	0.9x	11.2x
Krynica Vitamin	$44.1M	n/a	n/a
Atlanta Poland	$40.0M	n/a	n/a
Helio	$36.9M	n/a	n/a
Sama Water	$35.7M	n/a	n/a
Veganz Gr	$34.6M	2.4x	-11.0x
Stadlauer Malzfabrik	$34.6M	n/a	n/a
KKO International	$33.9M	n/a	n/a
Eurosnack	$29.4M	n/a	n/a
Civita Group	$28.7M	n/a	n/a
Bio Planet	$23.2M	n/a	n/a
Dug Foodtech	$18.7M	n/a	n/a
High Quality Food	$17.6M	0.7x	8.0x
Seko	$17.2M	0.3x	3.4x
Fountain	$17.1M	n/a	n/a
Longino & Cardenal	$17.0M	0.4x	13.4x
New Nordic Healthbrands	$16.6M	n/a	n/a
Ecomiam	$15.9M	0.3x	-7.5x
Paulic Meunerie	$14.9M	0.6x	9.7x
Biogena Gr Inv	$13.1M	n/a	n/a
Laboratorio Farmaceutico	$13.0M	1.4x	6.1x
M Food	$10.7M	n/a	n/a
Kalve Coffee	$9.0M	n/a	n/a
Lohilo Foods	$8.0M	0.4x	9.5x
Excellence	$8.0M	n/a	n/a
Centrale del Latte	$6.8M	0.0x	0.2x
Eskimos	$5.6M	n/a	n/a
Milkpol	$2.9M	n/a	n/a
Eevia Health	$1.5M	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	$0.4M	n/a	n/a
Wing Yip	-$22.0M	n/a	n/a
Oriental Rise Holdings	-$28.8M	n/a	n/a
Fleury Michon	-$137M	-0.1x	-2.5x