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	$343B	7.2x	22.0x
Nestlé	$337B	3.1x	15.1x
PepsiCo	$221B	2.4x	12.5x
Unilever	$180B	2.7x	12.6x
Mondelēz	$106B	2.8x	15.1x
Danone	$63.3B	2.1x	12.0x
Keurig Dr Pepper	$62.4B	4.0x	13.4x
Monster Beverage	$60.4B	7.9x	26.6x
Nongfu Spring	$55.5B	8.8x	21.5x
Kraft Heinz	$50.8B	2.0x	8.2x
Sysco	$48.0B	0.6x	11.2x
General Mills	$43.2B	2.2x	11.1x
Hershey	$37.5B	3.3x	14.0x
Lindt	$36.7B	5.4x	25.2x
Kellanova	$34.5B	2.7x	15.3x
JBS SA	$32.9B	0.4x	4.9x
Yili Group	$30.4B	1.9x	13.8x
Foshan Haitian Flavouring	$30.3B	7.8x	26.6x
Tyson Foods	$28.1B	0.5x	8.4x
Nestlé India	$27.6B	11.5x	48.7x
Ajinomoto	$27.0B	2.5x	16.2x
Yihai Kerry	$25.4B	0.7x	23.6x
Church & Dwight	$25.3B	4.1x	18.1x
McCormick & Co.	$23.7B	3.5x	18.1x
Associated British Foods	$23.6B	0.9x	6.4x
Grupo Bimbo	$21.5B	1.0x	7.3x
Uni-President Enterprises	$20.5B	0.9x	7.4x
Coca-Cola HBC	$20.5B	1.6x	10.8x
Kerry Group	$19.9B	2.3x	14.2x
JM Smucker	$19.9B	2.3x	9.4x
Conagra Brands	$18.9B	1.6x	9.1x
Hormel Foods	$18.9B	1.6x	13.1x
JDE Peets	$17.6B	1.7x	10.1x
Primo Brands	$17.5B	2.5x	12.0x
Campbell's	$17.0B	1.7x	8.9x
Almarai	$16.4B	2.9x	11.7x
Britannia Industries	$15.4B	7.3x	40.5x
Pilgrims Pride	$13.0B	0.7x	5.9x
WH Group	$12.8B	0.5x	4.1x
Orkla	$12.8B	1.8x	12.5x
Tata Consumer	$12.8B	6.1x	42.5x
Barry Callebaut	$12.8B	0.8x	10.8x
Post Holdings	$12.4B	1.6x	8.7x
Lamb Weston	$11.9B	1.9x	10.0x
Henan Shuanghui	$11.8B	1.4x	10.3x
Smithfield Foods	$10.6B	0.7x	7.2x
Saputo	$10.5B	0.8x	9.1x
Master Kong	$10.3B	0.9x	7.7x
China Mengniu Dairy	$10.2B	0.8x	10.8x
Ingredion	$9.9B	1.3x	8.0x
Dabur India	$9.8B	6.6x	35.5x
CJ CheilJedang	$9.8B	0.5x	4.4x
CELSIUS Energy Drinks	$9.2B	5.5x	28.8x
Suntory	$9.2B	0.8x	5.6x
Indofood CBP	$8.9B	1.9x	8.0x
BellRing Brands	$8.8B	4.0x	18.6x
Lotus Bakeries	$8.5B	5.9x	30.9x
Kikkoman	$8.1B	1.7x	11.5x
Gruma SAB	$8.0B	1.2x	7.0x
Fonterra	$7.9B	n/a	n/a
BRF	$7.7B	0.7x	4.3x
Want Want China	$7.6B	2.3x	8.8x
AAK	$7.3B	1.6x	12.3x
Emmi	$6.6B	1.2x	11.9x
Nissin Foods	$6.3B	1.2x	8.4x
San Miguel Food	$6.1B	0.8x	4.9x
Sam Yang Foods	$6.0B	4.2x	17.3x
Meiji Group	$5.7B	0.7x	5.9x
Flowers Foods	$5.7B	1.1x	10.5x
Indofood	$5.6B	0.8x	3.4x
Uni-President China	$5.0B	1.2x	10.6x
Premium Brands Holdings	$5.0B	1.0x	10.9x
Toyo Suisan	$4.8B	1.4x	7.7x
Yakult Honsha Co	$4.8B	1.4x	8.1x
Nomad Foods	$4.7B	1.4x	7.7x
Nestlé Malaysia	$4.7B	3.2x	22.7x
China Feihe	$4.6B	1.6x	5.5x
AWL Agri Business	$4.6B	0.6x	15.8x
Tate & Lyle	$4.5B	1.9x	8.6x
Lancaster Colony	$4.5B	2.4x	15.6x
NH Foods	$4.5B	0.5x	8.3x
Suedzucker	$4.4B	0.4x	6.5x
Glanbia	$4.1B	1.0x	7.6x
Unilever Indonesia	$4.1B	1.9x	12.9x
National Beverage	$4.1B	3.4x	16.1x
Cranswick	$4.0B	1.1x	10.3x
Yamazaki Baking	$4.0B	0.5x	6.0x
Vinamilk	$3.8B	1.6x	7.8x
Unibel	$3.8B	n/a	n/a
Maple Leaf Foods	$3.7B	1.0x	8.5x
Simply Good Foods	$3.7B	2.6x	13.2x
Lerøy Seafood Group	$3.5B	1.1x	7.2x
Universal Robina	$3.5B	1.2x	8.9x
Societe LDC	$3.5B	0.5x	5.7x
Hebei Yangyuan Zhihui Bev	$3.4B	4.4x	12.4x
Strauss Group	$3.4B	1.1x	n/a
The Chefs' Warehouse	$3.4B	0.9x	14.9x
Mayora Indah	$3.3B	1.4x	10.7x
Aryzta	$3.3B	1.3x	9.1x
Ebro Foods	$3.3B	0.9x	7.1x
a2 Milk	$3.2B	2.9x	19.6x
Bell Food Group	$3.0B	0.5x	7.1x
Herbalife	$2.9B	0.6x	4.5x
Treehouse Foods	$2.7B	0.8x	7.8x
Kewpie	$2.7B	0.8x	7.5x
CR Beverage	$2.6B	1.4x	6.5x
Tiger Brands	$2.6B	1.2x	10.2x
Premier Foods	$2.6B	1.7x	9.0x
Orion (Spin Co)	$2.5B	1.1x	4.7x
J&J Snack Foods	$2.4B	1.5x	12.8x
Alicorp	$2.3B	0.8x	4.9x
B&G Foods	$2.3B	1.2x	8.0x
Tootsie Roll	$2.3B	n/a	n/a
Bikaji Foods	$2.2B	7.1x	55.2x
SADAFCO	$2.2B	2.8x	13.8x
Cisarua Mountain Dairy	$2.2B	3.8x	18.1x
WK Kellogg	$2.2B	0.8x	7.9x
ITO EN	$2.2B	0.7x	9.8x
Utz Brands	$2.1B	1.5x	10.1x
Monde Nissin	$2.1B	1.4x	7.4x
Bakkavor Group	$2.0B	0.6x	7.6x
Vita Coco	$1.9B	3.5x	21.6x
AVI Ltd	$1.9B	2.1x	8.3x
Ülker	$1.8B	0.8x	4.1x
Carabao Group	$1.8B	2.7x	12.7x
Podravka	$1.5B	n/a	n/a
Savencia	$1.5B	0.2x	2.9x
Greencore Group	$1.5B	0.6x	6.8x
Agrana Beteiligungs	$1.5B	0.4x	7.5x
Kernel Holding	$1.5B	0.4x	2.3x
M. Dias Branco	$1.5B	0.9x	7.3x
Osotspa	$1.5B	1.8x	9.8x
Westrock Coffee	$1.4B	1.6x	26.7x
Italmobiliare	$1.4B	1.3x	6.9x
Agthia Group	$1.4B	1.0x	7.4x
Thai President Foods	$1.4B	n/a	n/a
Beyond Meat	$1.3B	4.2x	-13.8x
Toly Bread	$1.3B	1.6x	10.0x
Bega Cheese	$1.3B	0.6x	10.4x
Fever-Tree	$1.3B	2.7x	20.4x
Vital Farms	$1.3B	1.9x	13.8x
Jamieson Wellness	$1.2B	2.2x	11.6x
Sligro Food Group	$1.2B	0.4x	7.1x
Cloetta	$1.2B	n/a	n/a
Bonduelle	$1.1B	0.5x	6.1x
SunOpta	$1.1B	1.4x	11.4x
Acomo	$1.1B	0.7x	n/a
AG Barr	$951M	1.7x	9.9x
Modern Mills	$943M	3.5x	10.8x
Greenyard	$932M	0.2x	4.5x
Tanmiah Food	$918M	1.2x	8.8x
Atlantic Grupa	$913M	n/a	n/a
Hain Celestial	$898M	0.6x	7.0x
John B. Sanfilippo & Son	$844M	0.8x	n/a
Daikokutenbussan	$829M	0.4x	7.2x
Arabian Mills	$827M	3.1x	8.2x
Scandi Standard	$809M	0.6x	8.2x
Spadel	$765M	n/a	n/a
Marr	$743M	0.3x	5.4x
Oatly	$734M	0.9x	-39.2x
Oatly Group	$727M	n/a	n/a
Zinzino Holding	$676M	n/a	n/a
Kri-Kri Milk Industry	$661M	2.1x	12.8x
Aker BioMarine	$641M	2.6x	16.4x
Kofola	$638M	n/a	n/a
Suedwestdeutsche	$619M	n/a	n/a
NewPrinces	$609M	0.2x	3.0x
Tarczynski	$585M	n/a	n/a
Frosta	$581M	0.8x	6.3x
Nichols	$561M	2.4x	13.2x
Humble Gr	$549M	0.7x	7.4x
ForFarmers	$539M	0.2x	4.3x
Local Bounti	$486M	10.2x	-18.2x
USANA	$405M	0.5x	3.7x
Orsero	$388M	0.2x	4.2x
Raisio	$366M	1.4x	9.5x
Orior	$331M	0.4x	8.4x
HKFoods	$326M	0.3x	4.8x
Lifeway Foods	$317M	1.7x	14.4x
Whats Cooking Group	$314M	0.7x	7.7x
Josef Manner & Comp	$273M	n/a	n/a
Fine Foods	$252M	0.9x	6.6x
Deoleo	$239M	n/a	n/a
Nature's Sunshine	$209M	0.5x	5.1x
ADM Hamburg	$192M	n/a	n/a
Vilkyskiu pienine	$184M	n/a	n/a
Shimadaya	$180M	0.7x	n/a
Kras, prehrambena	$176M	n/a	n/a
Rokiskio Suris	$173M	n/a	n/a
Midsona	$172M	n/a	n/a
Mineralbrunnen	$171M	n/a	n/a
Wawel	$156M	n/a	n/a
Miko	$150M	0.5x	3.9x
Lifevantage	$150M	0.7x	7.6x
FitLife Brands	$148M	2.3x	10.4x
Valsoia	$131M	1.0x	8.0x
Zemaitijos Pienas	$115M	n/a	n/a
Misitano & Stracuzzi	$113M	1.3x	6.8x
Cakovecki Mlinovi	$106M	n/a	n/a
Borealis Foods	$105M	n/a	n/a
Apetit	$101M	0.5x	5.7x
Naturhouse Health	$99.3M	n/a	n/a
Saint Jean	$98.9M	n/a	n/a
Sapmer	$97.3M	n/a	n/a
Pieno zvaigzdes	$96.7M	n/a	n/a
Life Water Industries	$92.9M	n/a	n/a
Hipromine	$85.7M	n/a	n/a
Pamapol	$84.9M	n/a	n/a
Skane-Mollan	$72.3M	n/a	n/a
Cheffelo	$67.0M	0.6x	6.7x
Fodelia	$66.5M	1.1x	10.3x
Enervit	$62.9M	n/a	n/a
Schwalbchen Molkerei	$58.8M	n/a	n/a
Poulaillon	$55.5M	0.4x	3.8x
Alkis h. Hadjikyriakos	$55.2M	n/a	n/a
Amatheon Agri Holding	$53.4M	n/a	n/a
Omer-Decugis	$50.6M	0.2x	4.2x
Makarony Polskie	$47.8M	n/a	n/a
Zaklady Przemyslu	$45.9M	n/a	n/a
Vitaminka	$43.6M	n/a	n/a
Premium Snacks Nordic	$43.5M	0.9x	11.7x
Atlanta Poland	$42.6M	n/a	n/a
Krynica Vitamin	$40.5M	n/a	n/a
Przedsiebiorstwo	$40.2M	n/a	n/a
Helio	$35.7M	n/a	n/a
KKO International	$34.8M	n/a	n/a
Stadlauer Malzfabrik	$33.0M	n/a	n/a
Veganz Gr	$28.4M	2.3x	-8.0x
Eurosnack	$27.6M	n/a	n/a
Civita Group	$26.2M	n/a	n/a
Bio Planet	$21.7M	n/a	n/a
Dug Foodtech	$18.8M	n/a	n/a
Seko	$18.0M	0.3x	3.6x
Fountain	$17.8M	n/a	n/a
New Nordic Healthbrands	$17.0M	n/a	n/a
High Quality Food	$16.2M	0.7x	8.1x
Longino & Cardenal	$16.0M	0.4x	14.0x
Centrale del Latte	$15.1M	0.0x	0.5x
Paulic Meunerie	$14.3M	0.6x	10.0x
Ecomiam	$14.0M	0.3x	-6.9x
Laboratorio Farmaceutico	$11.4M	n/a	n/a
Excellence	$9.9M	n/a	n/a
Biogena Gr Inv	$9.6M	n/a	n/a
M Food	$9.4M	n/a	n/a
Kalve Coffee	$8.6M	n/a	n/a
Lohilo Foods	$7.5M	0.3x	9.3x
Eskimos	$5.3M	n/a	n/a
Eevia Health	$2.4M	n/a	n/a
Milkpol	$2.1M	n/a	n/a
Cba Asset Mg Or	$1.1M	n/a	n/a
FuturAqua Mineral Water	$1.0M	n/a	n/a
Wonderboo Holding	$0.6M	n/a	n/a
Hemply Balance Holding	$0.3M	n/a	n/a
Wing Yip	-$21.5M	n/a	n/a
Oriental Rise Holdings	-$23.2M	n/a	n/a
Fleury Michon	-$135M	-0.2x	-2.6x