Ticker League

Fair Value for Hershey (HSY)

See growth priced into Hershey (HSY): reverse DCF, implied rate vs history and analysts, FCF view. Free intrinsic value calculator for education.

Fair value (multi-method)

Four independent methods triangulate what HSY is worth. The headline is the Forward-DCF intrinsic value at a normalized growth rate; the margin of safety compares it to the current price.

Estimated fair value (Forward DCF)

$92.73

Above fair value
-85.84% vs current price $172.33

Method range

$34.26 $220.15

median $154.82

Methods disagree

Valuation methods

Each method’s implied fair value per share and its upside versus the current price. Missing methods (no analyst coverage, negative earnings, etc.) are shown as “—”.

  • Forward DCF$92.73
  • Exit multiple$216.91
  • Analyst target$220.15
  • Graham number$34.26

Stock price

$172.33

FCF / share (TTM)

$1.78

3Y FCF CAGR

3.0%

Fair value @ hist. growth

$71.90

This analysis is for informational purposes only and is not financial advice. Scenario prices and DCF-style figures depend on your assumptions and data from public filings and estimates. They are not forecasts of future returns.

Implied FCF growth

13.3%

per year over your projection horizon

Premium vs DCF

Margin of safety -139.7% vs hist-growth DCF

Historical 3Y CAGR

3.0%

Your model implies

13.3%

Analyst consensus is EPS-only — no comparable FCF / share estimate to show on this basis.

Model inputs

Move sliders to test how the reverse DCF reacts. Historical-growth markers show where the company has actually grown over the last cycle.

Discount rate (cost of equity proxy)5.2%
Terminal growth2.50%
Projection years10 yr
FCF growth per year (supplemental projection)3%
3Y CAGR 3%

Undiscounted FCF per share over 10 years at 3% annual growth.

Sensitivity — implied growth vs your assumptions

Each cell shows the per-share growth rate the market would need to justify the current price at that combination of discount rate (rows) and terminal growth (columns). Your selected inputs are highlighted.

Row axis: discount rate. Column axis: terminal growth.Terminal g →↓ Discount1.5%2.0%2.5%3.0%3.5%
5.0%16.0%14.4%12.5%10.2%7.3%
5.0%16.0%14.4%12.5%10.2%7.3%
5.2%16.6%15.1%13.3%11.1%8.4%
6.2%20.2%19.0%17.7%16.1%14.3%
7.2%23.3%22.3%21.3%20.0%18.7%
Color≤ historical CAGRModerate premiumHigh premium (≥ 15pp above hist)Your inputs

Historical multiples

Each bar is the trailing five-year range (low left, high right). Filled portion runs from low to today; the dot marks today; the small tick marks the five-year median. Low, median, and high are listed under each bar.

P/EToday41.4· at high
5Y low15.4
Median27.1
5Y high41.4
P/SToday3.2
5Y low3.1
Median3.4
5Y high4.6
EV/EBITDAToday21.3
5Y low12.6
Median20.1
5Y high21.4

PEG

0.69

Low vs growth

Net debt

$4.48B

Total debt − cash

Beta

0.10

Vs market benchmark

Frequently asked questions