COMPILED BY GEMINI 3.1

Hormel Foods Corporation (HRL) Intrinsic Value

An independent two-stage DCF analysis by a frontier AI model.

Fair Value Estimate

$15.32 per share
Current Price $22.37
Margin of Safety -31.5%
OVERVALUED

Valuation Thesis for HRL

Hormel Foods Corporation currently generates stable free cash flows, which are critical for its valuation in the Packaged Foods space. At a current price of $22.37, the market has embedded specific growth expectations into the stock.

Using a discounted cash flow model, we estimate an intrinsic value of $15.32. The current valuation suggests a margin of safety of -31.52%, leading to a OVERVALUED verdict.

My Assumptions & Rationale

FCF Growth Rate (Y1-Y10)
3.0%

A 3.0% growth rate is estimated based on the recent free cash flow generation and the fundamental outlook for the Packaged Foods sector.

Discount Rate (WACC)
7.0%

A discount rate of 7.000000000000001% reflects the company's cost of capital, weighing systemic risks and consistent cash generation.

Terminal Growth Rate
2.0%

2.0% is selected as the terminal growth rate, aligning with long-term macroeconomic GDP expectations.

Sensitivity Analysis

Intrinsic value per share under varying discount rate and terminal growth rate assumptions.

WACC ↓ / Terminal → 1.0%1.5%2.0%2.5%3.0%
1.0% $19.15 $15.32 $12.77 $10.94 $9.58
1.5% $21.89 $17.02 $13.93 $11.78 $10.21
2.0% $25.53 $19.15 $15.32 $12.77 $10.94
2.5% $30.64 $21.89 $17.02 $13.93 $11.78
3.0% $38.30 $25.53 $19.15 $15.32 $12.77

Undervalued vs current price Overvalued vs current price

Economic Prospect Score

57 / 100
Moderate Prospect

Hormel Foods Corporation remains a deeply entrenched player in packaged foods. However, margin pressures, shifting consumer preferences, and recent sluggish volume growth restrict its near-term upside, resulting in a moderate economic prospect.

Competitive Momentum 20/35

Hormel's competitive momentum is tepid. While its brand portfolio is recognizable, top-line growth has struggled against volume declines and private label pressure.

Moat Durability 23/35

A narrow moat exists, derived almost entirely from its portfolio of legacy brands and extensive retail distribution networks built over decades.

Sentiment & Catalysts 14/30

Sentiment is currently muted as investors wait for tangible signs of volume recovery and margin stabilization before rewarding the stock with a higher multiple.

⚠️ Key Risks

🚀 Key Catalysts

Frequently Asked Questions

Why was a 3.0% growth rate used?

The rate aligns with normalized historical and projected fundamental growth trends in the Packaged Foods sector.

What does the discount rate reflect?

The WACC represents the blended cost of equity and debt, capturing the risk profile of the cash flows.

Is this financial advice?

No. This analysis is an AI-generated model based on quantitative inputs and rigid formulas.

Disclaimer: The numbers presented on this page are for educational and entertainment purposes only. They are the result of a deterministic mathematical model fed with assumptions generated by an Artificial Intelligence (Gemini 3.1). This does not constitute investment advice. Always conduct your own due diligence before investing in the stock market.