Mulya.ai
Ticker
HSY
Scenario
Key Inputs
Revenue est.?Analysttaper yr2
OP margin est.?hist_ind
Reinvestment est.?projected
R&D capitalizedNo
Leases factoredNo
Key Assumptions
WACC ?4.7%
ERP ?4.5%
Risk-free rate ?4.1%
Beta (blended) ?0.112
Beta (levered) ?0.123
Terminal OM% ?8.5%
Segment conc. ?88% dominant
Terminal growth ?4.1%
Bond rating ?AA · 0.90%
ROIC option ?Opt 2 · 13.1%
Prob of failure ?0.0%
Pipeline validated · 2026-05-17

HSY · The Hershey Company

$206.192026-05-17
Sector: Consumer Defensive; Industry: Food Confectioners; Sub-Industry: Packaged Foods & Meats

Intrinsic Value Range Comparison · Mulya.ai

Very High Uncertainty
Bull
$911
+342.1% vs market
Base · active
$49
-76.4% vs market
Bear
$35
-82.9% vs market
Mulya.ai vs Analyst IV Comparison?
Bear $35
Base $49
Market $206
Median $239
Bull $911
Market Price $206
Mulya.ai Base $49
Analysts Median $239
Mulya.ai IV range ($35 · $911)
Analysts Range ($181 · $267)
Fundamentals · historical + forward · base
italics = DCF projection
PeriodRevenueRev Gr ?Ops M% ?Tax Rate ?NOPAT ?
Reinvest ?
FCFF ?WACC% ?PV FCFF ?ROIC ?Inv. Cap ?EPS ?P/E
2021.Q4$9.0B22.8%17.5%$1.7B−$1.9B−$178MM2.2%22.5%$7.5B$7.27
2022.Q4$10.4B16.1%21.7%14.2%$1.9B−$445MM$1.5B4.4%25.6%$7.7B$8.09
2023.Q4$11.2B7.2%22.9%14.3%$2.2B−$1.1B$1.1B4.3%27.2%$8.5B$9.16
2024.Q4$11.2B0.3%25.9%10.2%$2.6B−$260MM$2.3B5.1%29.7%$9.1B$10.93
2025.Q4$11.7B4.4%12.1%27.3%$1.0B−$414MM$617MM4.6%11.3%$9.1B$4.3529.6
italics below = DCF projection · 10yr Rev CAGR: 4.4%
2026.Q4$12.2B+4.7%12.1%26.5%$1.1B−$376MM$714MM5.0%$680MM11.7%$9.5B$5.3638.5
2027.Q4$12.8B+4.6%11.4%25.8%$1.1B−$404MM$678MM5.4%$612MM11.2%$9.9B$5.3238.8
2028.Q4$13.4B+4.6%10.7%25.1%$1.1B−$435MM$634MM5.8%$541MM10.6%$10.3B$5.2639.2
2029.Q4$14.0B+4.7%9.9%24.4%$1.1B−$488MM$564MM6.1%$454MM9.9%$10.8B$5.1839.8
2030.Q4$14.6B+4.4%8.5%23.6%$946MM−$496MM$450MM6.5%$340MM8.6%$11.3B$4.6544.3
Term. Yr+$18.8B4.1%8.5%20.0%$1.3B−$397MM$872MM8.6%$10.2B13.1%
Active scenario IV: $49 (-76.4% vs market)