Mondelez International, Inc. (MDLZ)

Food and Kindred Products

Latest Price

$57.82

TTM P/E

28.62

Normalized P/E

21.61

Div Yield

3.41%

Book Value

20.07

P/B Ratio

2.88

Valuation metrics

EPS: $1.89

Book value / share: $19.91

Formula: √(22.5 × EPS × BVPS)

Graham Number

$29.09

50% downside

Norm. op. income: $3.9B (median of 7yr)

Tax rate: 26%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$8.28

86% downside

Base FCF: $3.2B (median of recent 5yr)

Growth: -0%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$15.61

73% downside

EPS: $1.89

Target P/E: 22×

Formula: EPS × P/E

P/E Fair Value

$41.58

28% downside

85.9% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	105.97M	$6.13B	8.26%	+35.4K	2026-06-30
Vanguard Capital Management LLC	83.86M	$4.85B	6.54%	+528.4K	2026-06-30
Capital Research Global Investors	69.66M	$4.03B	5.43%	+1.36M	2026-06-30
JPMorgan Chase & Co	60.74M	$3.65B	4.73%	-2.36M	2026-06-30
State Street Corp	59.58M	$3.48B	4.64%	-2.20M	2026-06-30
Capital International Investors	50.55M	$2.93B	3.94%	+529.7K	2026-06-30
Invesco Ltd.	45.65M	$2.64B	3.56%	+26.65M	2026-06-30
Vanguard Portfolio Management LLC	34.11M	$1.97B	2.66%	+452.5K	2026-06-30
Price T Rowe Associates Inc	32.97M	$1.91B	2.57%	-11.03M	2026-06-30
Geode Capital Management, LLC	30.09M	$1.73B	2.35%	+223.2K	2026-06-30