2024-05-01 13:00:00 ET
Summary
- Mondelez International (MDLZ) is a leading snack company with a diverse portfolio of popular brands.
- MDLZ has consistently shown strong growth and outperformed its peers in total return over the last two decades.
- The company offers a well-covered dividend with a double-digit growth rate, making it an attractive investment opportunity.
- Based on my dividend discount model, I estimate a fair stock value of $89.50 per share.
- MDLZ has maintained growth in unfavorable market conditions by increasing prices and efficiently managing capital.
Overview
Mondelez International ( MDLZ ) is one of the leading snack companies in the world. They manufacture, market, and sell a large portfolio of snack brands such as Oreos, Sour Patch, Toblerone, Chips Ahoy, and more! I always thought it was so neat that it's a possibility to own shares and collect a dividend from the parent company of these household snack names that I've seen in stores for my entire lifetime. MDLZ presents a great opportunity here to capture a potential double digit price upside as well as collect a well-covered dividend in the meantime. From a valuation perspective, MDLZ looks attractive as it currently trades below the average P/E ratio and the dividend growth rate shows consistent double digit increases annually....
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For further details see:
Mondelez: Undervalued & Solid Growth Potential Following Q1 Earnings