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	$344B	7.3x	22.2x
Nestlé	$319B	3.1x	14.9x
PepsiCo	$232B	2.5x	12.9x
Unilever	$178B	2.7x	12.8x
Mondelēz	$104B	2.8x	14.8x
Keurig Dr Pepper	$64.8B	4.2x	13.9x
Danone	$59.4B	2.0x	11.8x
Monster Beverage	$55.7B	7.3x	24.8x
Kraft Heinz	$53.7B	2.1x	8.6x
Nongfu Spring	$51.9B	8.4x	20.4x
Sysco	$48.0B	0.6x	10.9x
General Mills	$45.2B	2.3x	11.5x
Hershey	$38.5B	3.4x	13.9x
Kellanova	$34.1B	2.7x	14.9x
Lindt	$31.7B	5.0x	23.2x
JBS SA	$31.5B	0.4x	4.8x
Tyson Foods	$29.3B	0.5x	9.0x
Foshan Haitian Flavouring	$28.2B	7.4x	25.4x
Yihai Kerry	$27.9B	0.8x	26.8x
Yili Group	$27.5B	1.7x	11.7x
Church & Dwight	$27.2B	4.4x	19.1x
Nestlé India	$27.1B	11.5x	49.3x
McCormick & Co.	$24.4B	3.6x	18.8x
Associated British Foods	$22.9B	0.9x	6.3x
Ajinomoto	$21.9B	2.1x	13.5x
Grupo Bimbo	$21.6B	1.0x	7.6x
JM Smucker	$20.3B	2.3x	9.7x
Conagra Brands	$20.2B	1.7x	9.6x
Coca-Cola HBC	$19.3B	1.6x	10.7x
Hormel Foods	$18.8B	1.6x	13.1x
Kerry Group	$18.6B	2.2x	13.7x
Campbell's	$18.0B	1.8x	9.4x
Primo Brands	$17.7B	2.6x	12.4x
Uni-President Enterprises	$17.3B	0.9x	7.2x
Almarai	$16.8B	3.0x	11.8x
JDE Peets	$15.3B	1.6x	9.1x
Britannia Industries	$15.3B	7.4x	41.9x
Pilgrims Pride	$14.2B	0.8x	6.5x
Henan Shuanghui	$13.0B	1.6x	11.5x
Orkla	$13.0B	1.9x	13.1x
Tata Consumer	$12.9B	6.3x	44.1x
Post Holdings	$12.6B	1.6x	8.8x
WH Group	$12.3B	0.5x	3.9x
Lamb Weston	$11.8B	1.8x	9.7x
China Mengniu Dairy	$11.1B	0.9x	12.8x
Master Kong	$10.5B	0.9x	7.9x
BellRing Brands	$10.4B	4.8x	22.2x
Saputo	$10.0B	0.8x	9.0x
Dabur India	$9.8B	6.6x	34.9x
CELSIUS Energy Drinks	$9.6B	6.1x	30.8x
Smithfield Foods	$9.4B	0.7x	6.6x
Ingredion	$9.4B	1.3x	7.6x
CJ CheilJedang	$9.4B	0.5x	4.4x
Kikkoman	$9.2B	2.0x	13.5x
Barry Callebaut	$9.0B	0.6x	8.0x
Suntory	$9.0B	0.8x	5.6x
Indofood CBP	$8.5B	1.9x	7.7x
BRF	$8.0B	0.7x	4.4x
Gruma SAB	$7.9B	1.2x	7.1x
Fonterra	$7.5B	n/a	n/a
Lotus Bakeries	$7.4B	5.4x	28.3x
Want Want China	$7.2B	2.3x	8.5x
AAK	$7.1B	1.6x	12.4x
Meiji Group	$6.3B	0.8x	6.8x
Nissin Foods	$6.3B	1.2x	8.7x
San Miguel Food	$6.0B	0.9x	5.1x
Emmi	$5.9B	1.2x	11.5x
Indofood	$5.2B	0.7x	3.3x
Flowers Foods	$5.2B	1.0x	9.5x
Lancaster Colony	$5.1B	2.6x	17.4x
Nomad Foods	$5.0B	1.5x	8.5x
Sam Yang Foods	$4.9B	3.8x	16.8x
China Feihe	$4.8B	1.7x	5.8x
AWL Agri Business	$4.8B	0.7x	17.1x
Yakult Honsha Co	$4.7B	1.4x	8.1x
Premium Brands Holdings	$4.6B	1.0x	10.6x
NH Foods	$4.6B	0.5x	8.9x
Suedzucker	$4.6B	0.4x	6.9x
Nestlé Malaysia	$4.5B	3.2x	23.1x
Toyo Suisan	$4.4B	1.3x	7.2x
Uni-President China	$4.4B	1.0x	9.4x
Vinamilk	$4.0B	1.6x	7.8x
Yamazaki Baking	$4.0B	0.5x	6.3x
National Beverage	$4.0B	3.3x	15.6x
Simply Good Foods	$4.0B	2.8x	14.3x
Cranswick	$3.6B	1.0x	9.9x
Unibel	$3.6B	n/a	n/a
Lerøy Seafood Group	$3.4B	1.1x	7.2x
Hebei Yangyuan Zhihui Bev	$3.3B	n/a	n/a
Maple Leaf Foods	$3.3B	1.0x	8.2x
Glanbia	$3.3B	0.9x	6.2x
Mayora Indah	$3.2B	1.4x	10.3x
Unilever Indonesia	$3.1B	1.5x	10.0x
Ebro Foods	$3.1B	0.9x	6.9x
Strauss Group	$3.1B	1.0x	n/a
Societe LDC	$3.0B	0.4x	5.0x
Tate & Lyle	$3.0B	1.3x	6.3x
Aryzta	$3.0B	1.3x	8.7x
The Chefs' Warehouse	$3.0B	0.8x	13.3x
CR Beverage	$3.0B	1.6x	7.6x
Bell Food Group	$2.8B	0.5x	7.0x
Universal Robina	$2.8B	1.0x	7.3x
J&J Snack Foods	$2.7B	1.7x	13.9x
Herbalife	$2.7B	0.5x	4.3x
Orion (Spin Co)	$2.6B	1.2x	5.2x
B&G Foods	$2.6B	1.3x	8.7x
Kewpie	$2.5B	0.8x	7.3x
SADAFCO	$2.5B	3.1x	14.0x
Premier Foods	$2.5B	1.6x	9.1x
Tiger Brands	$2.4B	1.1x	9.8x
Treehouse Foods	$2.4B	0.7x	7.0x
WK Kellogg	$2.3B	0.8x	8.2x
Alicorp	$2.2B	0.7x	4.9x
ITO EN	$2.2B	0.7x	9.8x
Bikaji Foods	$2.1B	6.7x	53.1x
Utz Brands	$2.1B	1.5x	10.1x
Monde Nissin	$2.0B	1.4x	7.4x
Tootsie Roll	$2.0B	n/a	n/a
Carabao Group	$1.9B	3.0x	14.6x
Cisarua Mountain Dairy	$1.9B	3.3x	16.0x
AVI Ltd	$1.8B	2.0x	8.2x
Bakkavor Group	$1.7B	0.6x	6.9x
Vita Coco	$1.6B	3.1x	19.1x
Ülker	$1.6B	0.7x	3.7x
M. Dias Branco	$1.5B	0.9x	7.3x
Toly Bread	$1.4B	1.7x	10.6x
Agrana Beteiligungs	$1.4B	0.4x	7.0x
Thai President Foods	$1.4B	n/a	n/a
Vital Farms	$1.3B	2.0x	14.5x
Savencia	$1.3B	0.2x	2.6x
Beyond Meat	$1.3B	4.0x	-14.2x
Osotspa	$1.3B	1.6x	9.2x
Westrock Coffee	$1.3B	1.4x	24.3x
Agthia Group	$1.3B	0.9x	6.8x
Greencore Group	$1.3B	0.5x	6.1x
Bega Cheese	$1.2B	0.5x	10.2x
Fever-Tree	$1.2B	2.4x	18.2x
Jamieson Wellness	$1.1B	2.1x	10.7x
Bonduelle	$1.1B	0.4x	6.0x
Sligro Food Group	$1.0B	0.3x	6.6x
Modern Mills	$1.0B	3.8x	11.5x
Hain Celestial	$1.0B	0.6x	6.7x
Tanmiah Food	$936M	1.3x	9.4x
Acomo	$933M	0.6x	n/a
Arabian Mills	$894M	3.5x	8.9x
AG Barr	$892M	1.6x	9.8x
Greenyard	$882M	0.2x	4.3x
John B. Sanfilippo & Son	$881M	0.8x	n/a
SunOpta	$815M	1.1x	8.8x
Daikokutenbussan	$753M	0.4x	6.8x
Spadel	$751M	n/a	n/a
Oatly	$651M	0.8x	-27.3x
Suedwestdeutsche	$626M	n/a	n/a
Kofola	$570M	1.2x	7.2x
ForFarmers	$505M	0.2x	4.3x
Frosta	$504M	0.7x	5.8x
Nichols	$500M	2.2x	12.4x
Local Bounti	$474M	10.5x	-16.4x
Lifeway Foods	$344M	1.8x	14.2x
Raisio	$328M	1.3x	9.2x
Orior	$325M	0.5x	8.9x
USANA	$295M	0.3x	2.7x
Josef Manner & Comp	$288M	n/a	n/a
Whats Cooking Group	$250M	0.6x	6.6x
ADM Hamburg	$175M	n/a	n/a
Shimadaya	$172M	n/a	n/a
Borealis Foods	$160M	n/a	n/a
Lifevantage	$160M	0.7x	7.6x
Nature's Sunshine	$148M	0.3x	3.6x
Wawel	$147M	n/a	n/a
Miko	$145M	0.5x	3.7x
Mineralbrunnen	$143M	n/a	n/a
FitLife Brands	$132M	2.0x	9.2x
Life Water Industries	$89.9M	n/a	n/a
Sapmer	$87.5M	n/a	n/a
Saint Jean	$87.5M	n/a	n/a
Schwalbchen Molkerei	$64.6M	n/a	n/a
Poulaillon	$51.6M	0.4x	3.7x
Amatheon Agri Holding	$50.6M	n/a	n/a
Omer-Decugis	$42.2M	0.2x	4.0x
KKO International	$40.3M	n/a	n/a
Stadlauer Malzfabrik	$29.8M	n/a	n/a
Veganz Gr	$27.0M	2.2x	-7.9x
Fountain	$16.0M	n/a	n/a
Ecomiam	$13.9M	0.3x	-66.3x
Paulic Meunerie	$12.1M	0.6x	14.4x
Oriental Rise Holdings	-$14.4M	n/a	n/a
Wing Yip	-$27.9M	n/a	n/a
Fleury Michon	-$99.2M	-0.1x	-2.0x