🚀 VC round data is live in beta, check it out!
- Public Comps
- Associated British Foods
Associated British Foods Valuation Multiples
Discover revenue and EBITDA valuation multiples for Associated British Foods and similar public comparables like JDE Peet's, Moncler, JBS, McCormick & Co. and more.
Associated British Foods Overview
About Associated British Foods
Associated British Foods is a diversified international food, ingredients, and retail group with 138,000 employees and operations in 56 countries across Europe, Africa, the Americas, Asia, and Australia. The group sells branded groceries, grows and processes sugar, supplies farmers with crop input and animal feed, and runs the multinational Primark clothing retail chain. It also supplies ingredients like bakers' yeast, enzymes, lipids, and cereal specialties. In fiscal 2025, approximately 36% of sales came from the UK, and Primark accounted for around 60% of operating profit.On Nov 4, 2025, ABF announced it has been conducting a strategic review to potentially separate the Primark and Food businesses. A final decision is expected within 12-18 months.
Founded
1934
HQ

Employees
138.0K
Website
Financials (LTM)
EV
$21B
Associated British Foods Financials
Associated British Foods reported last 12-month revenue of $26B and EBITDA of $3B.
In the same LTM period, Associated British Foods generated $6B in gross profit, $3B in EBITDA, and $2B in net income.
Revenue (LTM)
Associated British Foods P&L
In the most recent fiscal year, Associated British Foods reported revenue of $26B and EBITDA of $4B.
Associated British Foods expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $26B | XXX | $26B | XXX | XXX | XXX |
| Gross Profit | $6B | XXX | $6B | XXX | XXX | XXX |
| Gross Margin | 25% | XXX | 24% | XXX | XXX | XXX |
| EBITDA | $3B | XXX | $4B | XXX | XXX | XXX |
| EBITDA Margin | 14% | XXX | 14% | XXX | XXX | XXX |
| EBIT Margin | 9% | XXX | 9% | XXX | XXX | XXX |
| Net Profit | $2B | XXX | $2B | XXX | XXX | XXX |
| Net Margin | 6% | XXX | 6% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Associated British Foods Stock Performance
Associated British Foods has current market cap of $18B, and enterprise value of $21B.
Market Cap Evolution
Associated British Foods' stock price is $25.21.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $21B | $18B | 0.3% | XXX | XXX | XXX | $2.34 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialAssociated British Foods Valuation Multiples
Associated British Foods trades at 0.8x EV/Revenue multiple, and 6.1x EV/EBITDA.
EV / Revenue (LTM)
Associated British Foods Financial Valuation Multiples
As of March 19, 2026, Associated British Foods has market cap of $18B and EV of $21B.
Equity research analysts estimate Associated British Foods' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Associated British Foods has a P/E ratio of 11.2x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $18B | XXX | $18B | XXX | XXX | XXX |
| EV (current) | $21B | XXX | $21B | XXX | XXX | XXX |
| EV/Revenue | 0.8x | XXX | 0.8x | XXX | XXX | XXX |
| EV/EBITDA | 6.1x | XXX | 6.0x | XXX | XXX | XXX |
| EV/EBIT | 9.8x | XXX | 9.6x | XXX | XXX | XXX |
| EV/Gross Profit | 3.4x | XXX | 3.4x | XXX | XXX | XXX |
| P/E | 11.2x | XXX | 10.8x | XXX | XXX | XXX |
| EV/FCF | 23.2x | XXX | 16.0x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Associated British Foods Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Associated British Foods Margins & Growth Rates
Associated British Foods' revenue in the last 12 month grew by 3%.
Associated British Foods' revenue per employee in the last FY averaged $0.2M.
Associated British Foods' rule of 40 is 17% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Associated British Foods' rule of X is 21% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Associated British Foods Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 3% | XXX | 0% | XXX | XXX | XXX |
| EBITDA Margin | 14% | XXX | 14% | XXX | XXX | XXX |
| EBITDA Growth | 2% | XXX | (3%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 17% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 21% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 9% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 0% | XXX | 7% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 16% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Associated British Foods Public Comps
See public comps and valuation multiples for other Food & Beverages and Clothing & Accessories comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| JDE Peet's | XXX | XXX | XXX | XXX | XXX | XXX |
| Moncler | XXX | XXX | XXX | XXX | XXX | XXX |
| JBS | XXX | XXX | XXX | XXX | XXX | XXX |
| McCormick & Co. | XXX | XXX | XXX | XXX | XXX | XXX |
| Mixue Group | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Associated British Foods M&A Activity
Associated British Foods acquired XXX companies to date.
Last acquisition by Associated British Foods was on XXXXXXXX, XXXXX. Associated British Foods acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Associated British Foods
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialAssociated British Foods Investment Activity
Associated British Foods invested in XXX companies to date.
Associated British Foods made its latest investment on XXXXXXXX, XXXXX. Associated British Foods invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Associated British Foods
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout Associated British Foods
| When was Associated British Foods founded? | Associated British Foods was founded in 1934. |
| Where is Associated British Foods headquartered? | Associated British Foods is headquartered in United Kingdom. |
| How many employees does Associated British Foods have? | As of today, Associated British Foods has over 138K employees. |
| Who is the CEO of Associated British Foods? | Associated British Foods' CEO is George Garfield Weston. |
| Is Associated British Foods publicly listed? | Yes, Associated British Foods is a public company listed on London Stock Exchange. |
| What is the stock symbol of Associated British Foods? | Associated British Foods trades under ABF ticker. |
| When did Associated British Foods go public? | Associated British Foods went public in 1994. |
| Who are competitors of Associated British Foods? | Associated British Foods main competitors are JDE Peet's, Moncler, JBS, McCormick & Co.. |
| What is the current market cap of Associated British Foods? | Associated British Foods' current market cap is $18B. |
| What is the current revenue of Associated British Foods? | Associated British Foods' last 12 months revenue is $26B. |
| What is the current revenue growth of Associated British Foods? | Associated British Foods revenue growth (NTM/LTM) is 3%. |
| What is the current EV/Revenue multiple of Associated British Foods? | Current revenue multiple of Associated British Foods is 0.8x. |
| Is Associated British Foods profitable? | Yes, Associated British Foods is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Associated British Foods? | Associated British Foods' last 12 months EBITDA is $3B. |
| What is Associated British Foods' EBITDA margin? | Associated British Foods' last 12 months EBITDA margin is 14%. |
| What is the current EV/EBITDA multiple of Associated British Foods? | Current EBITDA multiple of Associated British Foods is 6.1x. |
| What is the current FCF of Associated British Foods? | Associated British Foods' last 12 months FCF is $917M. |
| What is Associated British Foods' FCF margin? | Associated British Foods' last 12 months FCF margin is 4%. |
| What is the current EV/FCF multiple of Associated British Foods? | Current FCF multiple of Associated British Foods is 23.2x. |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.