AnalystScope
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Mondelez International, Inc. (MDLZ) Published Snapshot

Mondelez International, Inc. is added as a high-quality large-cap coverage candidate with global snacks and packaged-food brands with recurring consumer demand. The initial AnalystScope view weighs pricing, emerging-market snacks demand, and brand-led category growth against defensive quality is balanced by modest growth and input-cost sensitivity, keeping the rating restrained until the model has more live refresh history.

This page preserves a point-in-time printable snapshot at the report date shown below. It is not the live research workspace. For the current fair value, model signal, filing status, refreshed model output, and private scenario sandbox, return to the company research view.

Report date 15 Jun 2026, 10:47Report updated Jun 13, 2026Active coverage

Current research view reference

Kept here as reference beside the printable snapshot: the current research view now shows a Buy signal with medium confidence as shares are currently being evaluated against an older daily scheduled quote of $63 versus $72 fair value, implying +13.7 upside.

Price vs fair value

+14.3%

Model-implied return

Stale scheduled quote

$63

Fair value

$72

Valuation method stack

Weighted fair value $72

Published method weights

DCF (Base)

$73 | 45%

NTM P/E Multiple

$71 | 35%

EV/EBITDA Cross-check

$70 | 20%

Fundamental snapshot

FY2025

Normalized annual model base

Revenue

+4.0% YoY

$39.0B

Op. margin

+0.4% pts

16.4%

FCF margin

+0.4% pts

11.0%

Published valuation range

Bear / base / bull context

Uses report scenario anchors

$56 bear$72 base$80 bull

DCF (Base)

$73

NTM P/E Multiple

$71

EV/EBITDA Cross-check

$70

Current workspace signal

Buy

Confidence

Medium

Stale scheduled quote

$63

Fair value

$72

+13.7 upside

Reference freshness

Price basis

Stale scheduled quote

Latest daily scheduled quote is past the freshness window. Daily scheduled refresh as of Jun 15, 2026, 7:30 AM UTC. Fresh through Jun 16, 2026, 7:30 AM UTC.

Filing reference

8-K filed May 26, 2026 | Reporting period May 20, 2026

Filing refreshed Jun 17, 2026, 3:56 AM UTC. Fresh through Jun 17, 2026, 3:56 PM UTC.

Fundamentals reference

Live SEC companyfacts currently cover revenue, operating margin, free cash flow, and net cash / net debt. Reporting period end 2025-12-31.

Fundamentals refreshed 17 Jun 2026, 03:56 UTC. Fresh through 17 Jun 2026, 15:56 UTC.

Thesis scorecard

Growth

Moderate

pricing, emerging-market snacks demand, and brand-led category growth

Profitability

Strong

brand scale and productivity programs support gradual margin improvement

Balance sheet

Moderate

debt is manageable but relevant for a staples compounder

Valuation

Moderate

defensive quality is balanced by modest growth and input-cost sensitivity

Execution / Resilience

Moderate

pricing, volume elasticity, and commodity costs drive the near-term setup

Bull / Base / Bear scenarios

Bull case

$80

Normalized support: Growth, margin, and cash-flow trends are mixed versus the upside case.

Base case

$72

Normalized support: Current margin, cash-generation, and balance-sheet profile are mixed.

Bear case

$56

Downside protection: Cash generation and balance-sheet support are mixed in the bear case.

Base-case assumptions

These are the published base-case assumptions behind the note. They are reasoned valuation inputs at the report date, not reported facts.

Revenue CAGR (5Y)

4.0%

+/- 1.0% => +/-$2/sh

Why this level: This is AnalystScope's base-case growth assumption, not a guarantee. It sits below the latest FY model-base revenue pace (2025.0%), so the model does not extend current strength too far into the outer years. Current company context: Global snacks brands support recurring demand and pricing power.

Terminal Growth

2.3%

+/- 0.5% => +/-$2/sh

Why this level: This is AnalystScope's mature long-run growth assumption, not a perpetual hypergrowth claim. At 2.3%, it sits well below the 4.0% five-year revenue CAGR, so the model steps down from the explicit forecast period to a steadier long-run pace. For Mondelez International, Inc., that means a durable franchise can keep compounding after year five without assuming today's faster growth profile lasts indefinitely.

WACC

7.8%

+/- 0.5% => -$3/sh

Why this level: This is AnalystScope's base-case cost-of-capital judgment, not a precise CAPM output. It reflects the current rates backdrop, equity risk premium, and the company's balance-sheet posture. Leverage is manageable for a branded staples portfolio

Operating Margin (Year 5)

17.2%

+/- 100 bps => +/-$2/sh

Why this level: This is AnalystScope's base-case margin view, not a promise of straight-line expansion. It keeps year-five margins close to today's model-base operating margin (16.4%), which implies the current margin structure is broadly durable. Margin input uses a durable operating base and tempers one-off restructuring, mix, and cycle effects.

How to read the assumptions and sensitivities

These are base-case assumptions used to estimate fair value. They are reasonable model inputs, not reported facts.

Each sensitivity line shows the estimated fair-value-per-share change from a small move in that one input while the other inputs stay fixed.

bps means basis points. 100 bps equals 1.00 percentage point.

WACC sensitivity moves in the opposite direction because a higher discount rate lowers present value, while a lower discount rate raises it.

Model base vs reported fundamentals

Side-by-side view of the latest live reported fundamentals versus the current AnalystScope model base used in public valuation and thesis work.

Reported numbers show the latest company print. Model base is the comparable operating base AnalystScope uses for valuation work, which can include standardization, conservative balance-sheet treatment, working-capital cleanup, and through-cycle adjustments when current reported figures do not look durable.

Reported fundamentals source

SEC XBRL companyfacts API

Live SEC companyfacts currently cover revenue, operating margin, free cash flow, and net cash / net debt. Reporting period end 2025-12-31.

Fundamentals refreshed 17 Jun 2026, 03:56 UTC. Fresh through 17 Jun 2026, 15:56 UTC.

Model-base impact on the thesis

This initial coverage setup keeps valuation tied to durable normalized fundamentals and avoids letting a single recent print dominate the public view.

MetricLive reportedStatusModel baseStatus
Revenue (TTM)$38.5BLive reported$39.0B

+4.0% YoY

Adjustment: Model revenue smooths short-term demand, timing, and segment-mix volatility rather than treating the latest period as a straight-line run rate.

Model base
Operating Margin9.2%Live reported16.4%

+41 bps YoY

Adjustment: Margin input uses a durable operating base and tempers one-off restructuring, mix, and cycle effects.

Model base
FCF (TTM)$3.2BLive reported$4.3B

11.0% margin

Adjustment: FCF input normalizes working-capital and capital-spending timing so cash conversion is not over-read from one period.

Model base
Net Cash / (Debt)($24.1B)Live reported($18.8B)

Leverage is manageable for a branded staples portfolio

Adjustment: Balance-sheet input uses a conservative net cash / debt posture without assuming all cash is excess or fully distributable.

Model base

Published investment view

The published snapshot remains anchored to a Buy rating, with the latest note event recorded as New. The current workspace now evaluates the stock against $63 versus a base-case fair value of $72, implying +13.7 upside.

Fair value $72 vs. current $63 (+13.7 upside).

Confidence framing

Method agreement / dispersion

Valuation methods are tightly grouped, with implied values ranging from $70 to $73.

Margin strength

Operating margin is 16.4%, with +41 bps vs prior FY.

Balance sheet position

Balance sheet positioning is ($18.8B), with leverage is manageable for a branded staples portfolio.

Key drivers

Global snacks brands support recurring demand and pricing power.

Emerging-market exposure can sustain organic growth.

Productivity programs can offset input-cost pressure over time.

Key risks

Volume elasticity could offset pricing gains.

Commodity and currency volatility can pressure margins.

Leverage and acquisition activity need disciplined cash conversion.

What would change our view

A clearer evidence base around pricing, emerging-market snacks demand, and brand-led category growth would improve confidence.

A deterioration in brand scale and productivity programs support gradual margin improvement would reduce support for the current fair value.

A wider gap between price and normalized cash-flow support would make the rating harder to defend.

Near-term catalysts

Next quarterly update and management commentary on demand quality.

Reported margin, cash-flow conversion, and balance-sheet movement versus the normalized model base.

Daily scheduled quote refreshes that tighten the current price-versus-fair-value read.

What we are watching

Organic volume versus pricing mix.

Gross margin recovery after input-cost pressure.

Free-cash-flow conversion and leverage trajectory.

Report archive context

Archive metadata below keeps the published snapshot context visible. Current research-view valuation and quote context stay secondary on this page.

How to read note event vs rating

Note event tells you what changed in the latest published note. Published rating shows the stance after that event.

Both were published Jun 13, 2026.

Report updated

Jun 13, 2026

Coverage status

Active coverage

Latest note event

New

Published Jun 13, 2026

Current published rating

Buy

Published Jun 13, 2026

Analyst note

New coverage entry focused on pricing, emerging-market snacks demand, and brand-led category growth and defensive quality is balanced by modest growth and input-cost sensitivity.

What changed in the report

Jun 13, 2026

Added to AnalystScope coverage

Impact: Started coverage with a constructive view on defensive brand cash flow and moderate upside.

Jun 13, 2026

Initialized normalized annual model base

Impact: Adds a clean consumer-staples peer to PG, KO, and PEP without expanding into special sectors.

Report timeline

Jun 13, 2026

NewBuy

Started coverage with a constructive view on defensive brand cash flow and moderate upside.

AnalystScope

This report is informational only and does not constitute investment advice. Curated public preview analysis with live price, filing metadata, and reported fundamentals overlays. Full live filing ingestion is not yet enabled.