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The Kraft Heinz Company — Intrinsic Value & Fair Price

KHC
NYSEConsumer DefensivePackaged FoodsCIK 0001637459kraftheinzcompany.comAbout KHC
Last close · Oct 16, 202623.68+0.40 (+1.72%)
Market cap$28.1B
Model value · EV/Revenue · peers
17.09
Kraft Heinz closed at $23.68 — overvalued by 39% vs model.
3.00the model's range37.88

EV/Revenue · peers leads because DCF · Perpetuity growth · 5y could not lead: the cash-flow gate is shut (an operating loss, or three years of free cash flow summing below zero); P/E · peers does not describe this kind of business; EV/EBITDA · peers could not run on the filed statements. From its peers' median EV/Revenue.

Other models
—
Wall St. target
25.00 5% below
Above model, 1y
10 of 20 days

Price and model value

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What the marks mean
Daily close

Valuation models

price $23.68 · as of Oct 17, 2026

EV/Revenue · peers leads because DCF · Perpetuity growth · 5y could not lead: the cash-flow gate is shut (an operating loss, or three years of free cash flow summing below zero); P/E · peers does not describe this kind of business; EV/EBITDA · peers could not run on the filed statements. How we value a stock walks through every input.

engine pkg:0.1.0

Dividends

Quarterly · as of Oct 16, 2026
Yield, trailing 12 months
6.76%
#5 · Highest dividend yield
Past 2 years
low 4.43%high 7.54%
Dividends per share, a year at a time
$1.60Aug ’21$1.60Aug ’22$1.60Aug ’23$1.60Aug ’24$1.60Aug ’25$1.60TTM
Dividends / free cash flow, FY2025
51.8%
Raised
—
Growth, 5 yrs
0.0% a year
Last change
—
Every payment, with ex-dates · latest $0.40, paid Sep 25, 2026

Research on KHC

No posts on KHC yet.
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How it is valued

Valued asMature & stable
Revenue declining (~-3% recent)Currently unprofitableStrong dividend yieldHighly cyclical earningsStrong FCF yield (13.0%)
What growth the price implies: the reverse DCF

Key figures

FY2025 · chosen for mature companies
P/E
—
EV / EBITDA
-13.4×
FCF yield
13.0%
Dividend yield, TTM
6.76%
Beta
0.08
Cost of capital (WACC)
5.54%
Full financials

Analyst actions

third-party, quoted
10-14Jefferies · target21.00
09-17RBC Capital · target32.00
08-07Barclays · target26.00
06-03Bernstein · “Underperform” from “Market Perform”downgrade
Ratings, targets and estimates

Comparable companies

by business, not by industry label
2 more companies list KHC as a comparable

The weekly

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About Kraft Heinz

The Kraft Heinz Company, along with its subsidiaries, operates as a global entity focused on the manufacturing and marketing of a broad spectrum of food and beverage products. Its reach extends across key markets such as the United States, Canada, and the United Kingdom, as well as numerous other international territories. The company's diverse product offerings include popular condiments and sauces, a variety of cheese and dairy items, prepared meals, meat products, and refreshing beverages. Additionally, its portfolio features coffee, an assortment of healthy snacks, salad dressings, various spices and seasonings, and a range of other general grocery staples. Kraft Heinz employs a multi-faceted distribution strategy. It utilizes its internal sales organizations alongside independent brokers, agents, and third-party distributors to reach a wide array of customers. These include large grocery chains, wholesale providers, cooperative and independent grocers, convenience stores, pharmacies, value stores, bakeries, mass merchandisers, and club stores. Furthermore, the company supplies products to the foodservice sector and institutional clients, such as hotels, restaurants, hospitals, healthcare facilities, and government agencies. A significant portion of its sales also occurs online through various e-commerce platforms and digital retailers. Tracing its origins back to its founding in 1869, the company initially operated as H.J. Heinz Holding Corporation before officially changing its name to The Kraft Heinz Company in July 2015. Its corporate headquarters are located in Pittsburgh, Pennsylvania.

CEO
Steven A. Cahillane
Headquarters
Pittsburgh, PA
Employees
35,000
IPO
2015-07-06
Full company profile

Model estimates for research reference only, not investment advice. Every model rests on assumptions that may not match what happens; the formulas are in how we value a stock.