Is Mondelez International, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Mondelez International, Inc. moved from very expensive to fair. The company appears fairly valued based on its current metrics. Key ratios include a P/E ratio of 38, an EV to EBITDA of 23.85, and a Price to Book Value of 4.87. In comparison, a peer like Mondelez has a lower P/E ratio of 36.50 and an EV to EBITDA of 22.51, indicating that it is slightly more attractively priced than Mondelez.
Despite the fair valuation, Mondelez has underperformed against the S&P 500 in various time frames, notably with a 1-year return of -12.18% compared to the S&P 500's 14.08%, and a 5-year return of 7.75% versus 91.29% for the index. This underperformance may suggest that while the stock is fairly valued, it faces challenges in delivering comparable returns to the broader market.