Mondelez International

Methodology

Mondelez's global snack portfolio generates relatively predictable earnings with visibility from established brands like Oreo and Cadbury, though emerging market exposure and commodity costs create some volatility. International expansion provides growth visibility while mature markets offer stability. The calculation works well for this branded food company with clear category positions.

Methodology

Mondelez typically trades at moderate PEG ratios reflecting slow-growth characteristics of mature snack categories offset by international expansion and brand strength. The metric should account for restructuring impacts and emerging market contributions. Compare to branded food peers like Hershey and General Mills while considering international growth potential and category leadership.

Methodology

Mondelez offers a meaningful dividend with management balancing shareholder returns against international expansion investments and M&A opportunities. The dividend adds significant value to total returns for this steady food manufacturer. PEGY better reflects the income component that supplements modest earnings growth in mature snack categories.