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	7.2x	22.0x
Nestlé	$304B	3.0x	14.5x
PepsiCo	$246B	2.7x	13.8x
Unilever	$162B	2.5x	12.1x
Mondelēz	$101B	2.8x	14.1x
Keurig Dr Pepper	$62.2B	4.0x	13.8x
Kraft Heinz	$55.7B	2.2x	8.8x
Danone	$55.6B	2.0x	11.4x
Monster Beverage	$50.7B	6.7x	23.1x
Sysco	$48.7B	0.6x	11.1x
Nongfu Spring	$46.7B	7.2x	18.4x
General Mills	$45.9B	2.3x	11.2x
Hershey	$39.7B	3.5x	13.7x
Kellanova	$34.1B	2.7x	15.0x
Lindt	$29.2B	4.8x	22.3x
Tyson Foods	$29.0B	0.5x	9.1x
Foshan Haitian Flavouring	$28.2B	7.4x	26.0x
Church & Dwight	$27.1B	4.4x	19.3x
JBS SA	$26.9B	0.4x	4.2x
Yihai Kerry	$26.9B	0.8x	28.8x
McCormick & Co.	$25.8B	3.8x	20.0x
Yili Group	$25.8B	1.6x	10.9x
Nestlé India	$24.6B	10.3x	44.2x
Ajinomoto	$21.4B	2.1x	13.3x
Conagra Brands	$20.7B	1.7x	9.2x
Grupo Bimbo	$20.3B	1.0x	7.2x
JM Smucker	$20.0B	2.3x	9.8x
Associated British Foods	$19.7B	0.8x	5.5x
Campbell's	$19.2B	1.9x	9.9x
Uni-President Enterprises	$19.0B	0.9x	8.0x
Kerry Group	$18.5B	2.3x	14.2x
Hormel Foods	$18.4B	1.5x	12.8x
Almarai	$18.0B	3.2x	13.0x
Primo Brands	$17.1B	3.2x	12.3x
Pilgrims Pride	$14.0B	0.8x	6.4x
JDE Peets	$13.6B	1.5x	8.4x
Britannia Industries	$13.4B	6.6x	37.1x
Henan Shuanghui	$12.6B	1.5x	11.4x
WH Group	$12.6B	0.5x	4.2x
Post Holdings	$12.6B	1.6x	8.9x
Lamb Weston	$12.0B	1.9x	9.7x
Tata Consumer	$11.5B	5.7x	40.2x
Orkla	$10.9B	1.7x	11.7x
China Mengniu Dairy	$10.7B	0.9x	14.8x
Barry Callebaut	$10.6B	0.8x	9.7x
Smithfield Foods	$10.4B	n/a	n/a
Dabur India	$10.3B	7.0x	36.9x
BellRing Brands	$10.1B	4.8x	22.0x
Saputo	$9.8B	0.7x	8.9x
Indofood CBP	$9.5B	2.1x	8.6x
Ingredion	$9.2B	1.2x	7.6x
CJ CheilJedang	$9.0B	0.4x	4.2x
Suntory	$8.6B	0.8x	5.4x
Master Kong	$8.6B	0.8x	6.9x
Kikkoman	$8.4B	1.8x	12.4x
Lotus Bakeries	$7.8B	6.0x	30.1x
CELSIUS Energy Drinks	$7.6B	5.4x	28.5x
AAK	$7.5B	1.8x	13.9x
Gruma SAB	$7.5B	1.2x	7.0x
BRF	$7.5B	0.7x	4.0x
Want Want China	$6.8B	2.1x	7.7x
San Miguel Food	$5.9B	0.9x	5.1x
Fonterra	$5.9B	n/a	n/a
Nissin Foods	$5.8B	1.1x	8.0x
Indofood	$5.7B	0.8x	3.6x
Flowers Foods	$5.4B	1.1x	10.0x
Meiji Group	$5.3B	0.7x	5.7x
Emmi	$5.2B	1.1x	10.9x
Lancaster Colony	$5.2B	2.7x	18.1x
Nestlé Malaysia	$5.0B	3.5x	22.8x
Nomad Foods	$4.9B	1.5x	8.4x
Sam Yang Foods	$4.7B	3.8x	16.8x
Yakult Honsha Co	$4.7B	1.4x	7.9x
Glanbia	$4.5B	1.2x	8.5x
Premium Brands Holdings	$4.4B	1.0x	10.4x
Vinamilk	$4.4B	1.8x	8.5x
Adani Wilmar	$4.4B	0.6x	16.8x
Toyo Suisan	$4.3B	1.3x	7.2x
Uni-President China	$4.3B	1.0x	9.2x
Suedzucker	$4.2B	0.4x	7.0x
NH Foods	$4.0B	0.4x	7.8x
Simply Good Foods	$4.0B	2.9x	14.5x
China Feihe	$3.9B	1.3x	4.3x
National Beverage	$3.7B	3.1x	14.8x
Lerøy Seafood Group	$3.5B	1.2x	8.3x
Cranswick	$3.5B	1.0x	9.7x
Mayora Indah	$3.4B	1.5x	11.2x
Strauss Group	$3.4B	1.1x	n/a
Chefs' Warehouse	$3.3B	0.9x	14.9x
Yamazaki Baking	$3.3B	0.4x	5.2x
Maple Leaf Foods	$3.1B	0.9x	8.0x
Unilever Indonesia	$3.1B	1.4x	9.6x
CR Beverage	$3.0B	1.5x	7.5x
Tate & Lyle	$3.0B	1.3x	6.3x
Ebro Foods	$2.9B	0.9x	6.9x
Universal Robina	$2.9B	1.1x	7.6x
Herbalife	$2.9B	0.6x	4.6x
Hebei Yangyuan Zhihui Bev	$2.8B	3.6x	10.5x
Treehouse Foods	$2.8B	0.8x	8.3x
Bell Food Group	$2.7B	0.5x	6.9x
J&J Snack Foods	$2.6B	1.6x	13.2x
B&G Foods	$2.6B	1.4x	8.9x
Societe LDC	$2.6B	0.4x	4.5x
SADAFCO	$2.6B	3.2x	15.2x
Aryzta	$2.5B	1.1x	7.3x
Orion (Spin Co)	$2.4B	1.1x	4.9x
Monde Nissin	$2.3B	1.6x	8.4x
WK Kellogg	$2.3B	0.9x	8.3x
Carabao Group	$2.3B	3.6x	17.2x
Premier Foods	$2.3B	1.6x	8.6x
Tiger Brands	$2.2B	1.1x	9.3x
Kewpie	$2.1B	0.7x	6.2x
Utz Brands	$2.1B	1.5x	10.4x
Cisarua Mountain Dairy	$2.1B	3.7x	17.5x
ITO EN	$2.0B	0.7x	8.8x
Tootsie Roll	$2.0B	n/a	n/a
Vita Coco	$2.0B	3.8x	23.6x
Bikaji Foods	$1.9B	6.5x	50.3x
Ülker	$1.8B	0.8x	4.2x
AVI Ltd	$1.7B	1.9x	8.0x
M. Dias Branco	$1.5B	0.8x	6.9x
Thai President Foods	$1.4B	n/a	n/a
Agthia Group	$1.4B	1.0x	6.8x
Bakkavor Group	$1.4B	0.5x	6.1x
Toly Bread	$1.4B	1.6x	9.9x
Beyond Meat	$1.4B	4.3x	-15.5x
Vital Farms	$1.4B	2.2x	16.4x
Westrock Coffee	$1.4B	1.6x	25.5x
Greencore Group	$1.4B	0.6x	6.8x
Osotspa	$1.3B	1.6x	9.2x
Bega Cheese	$1.3B	0.6x	11.0x
SunOpta	$1.2B	1.7x	13.2x
Hain Celestial	$1.1B	0.7x	7.3x
Jamieson Wellness	$1.1B	2.1x	11.1x
Modern Mills	$1.1B	4.0x	12.2x
Fever-Tree	$1.1B	2.3x	16.9x
John B. Sanfilippo & Son	$936M	0.9x	n/a
Tanmiah Food	$923M	1.3x	9.7x
AG Barr	$835M	1.6x	9.4x
Spadel	$689M	n/a	n/a
Daikokutenbussan	$658M	0.3x	6.0x
Kofola	$550M	1.2x	7.3x
Nichols	$521M	2.4x	13.6x
Local Bounti	$418M	9.3x	-14.9x
Raisio	$327M	1.4x	9.8x
Lifeway Foods	$309M	1.6x	12.2x
USANA	$279M	0.3x	2.7x
Josef Manner & Comp	$266M	n/a	n/a
Lifevantage	$201M	0.9x	9.9x
Natures Sunshine Products	$188M	0.4x	4.5x
Borealis Foods	$164M	n/a	n/a
FitLife Brands	$152M	2.3x	10.4x
Shimadaya	$146M	n/a	n/a
Wawel	$131M	n/a	n/a
Life Water Industries	$99.8M	n/a	n/a
Oriental Rise Holdings	-$10.9M	n/a	n/a
Wing Yip	-$24.7M	n/a	n/a