What is Mondelez International, Inc. worth?
With the base-case assumptions below, a discounted cash flow model on Mondelez International, Inc.'s reported free cash flow gives $40.06 per share. The share price was $60.25 on September 25, 2026, 50% above that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 2.5% | 10.0% | $20.21 | -66% |
| Base | 7.5% | 9.0% | $40.06 | -34% |
| Bull | 12.5% | 8.0% | $79.64 | +32% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $54.81 | $59.33 | $64.85 | $71.75 | $80.62 |
| 8.0% | $43.80 | $46.72 | $50.19 | $54.34 | $59.42 |
| 9.0% | $35.75 | $37.75 | $40.06 | $42.76 | $45.94 |
| 10.0% | $29.62 | $31.05 | $32.66 | $34.50 | $36.63 |
| 11.0% | $24.81 | $25.85 | $27.02 | $28.33 | $29.82 |
Where the presets come from
Base: years 1 to 5 grow at Mondelez International, Inc.'s revenue growth rate over the last 5 fiscal years (7.7% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions