Hershey Foods Current Ratio vs. Price to Earnings To Growth


USD 225.76  0.58  0.26%   

For Hershey Foods profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hershey Foods to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hershey Foods Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hershey Foods's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hershey Foods Corp over time as well as its relative position and ranking within its peers. Please check Risk vs Return Analysis.
Return on Sales is likely to rise to 0.22 in 2022, whereas Price to Sales Ratio is likely to drop 4.16 in 2022. Net Income to Non Controlling Interests is likely to rise to about 5.7 M in 2022, whereas Accumulated Other Comprehensive Income is likely to drop (268.9 M) in 2022.

Hershey Foods Current Ratio


Quarterly Earnings Growth YOY
Market Capitalization
46.4 B
Quarterly Revenue Growth YOY
Return On Assets
Return On Equity

Hershey Foods Corp Price to Earnings To Growth vs. Current Ratio Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Hershey Foods's current stock value. Our valuation model uses many indicators to compare Hershey Foods value to that of its competitors to determine the firm's financial worth.
Hershey Foods Corp is one of the top stocks in current ratio category among related companies. It is one of the top stocks in price to earnings to growth category among related companies producing about  3.84  of Price to Earnings To Growth per Current Ratio. Hershey Foods Current Ratio is fairly stable at the moment as compared to the past year. Hershey Foods reported Current Ratio of 0.90 in 2021. Comparative valuation analysis is a catch-all model that can be used if you cannot value Hershey Foods by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Hershey Foods' Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Hershey Foods' earnings, one of the primary drivers of an investment's value.

Hershey Price to Earnings To Growth vs. Current Ratio

Hershey Foods 
Current Ratio 
Current Asset 
Current Liabilities 
0.74 X
Hershey Foods 
PEG Ratio 
PE Ratio 
EPS Growth 
2.84 X

Hershey Price to Earnings To Growth Comparison

Hershey Foods is currently under evaluation in price to earnings to growth category among related companies.

Hershey Foods Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Hershey Foods, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hershey Foods will eventually generate negative long term returns. The profitability progress is the general direction of Hershey Foods' change in net profit over the period of time. It can combine multiple indicators of Hershey Foods, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for 2022
Accumulated Other Comprehensive Income-249.2 M-268.9 M
Consolidated Income1.5 B1.3 B
Net Income1.5 B1.3 B
Net Income Common Stock1.5 B1.3 B
Net Income to Non Controlling Interests5.3 M5.7 M
Operating IncomeB1.9 B
Income Tax Expense314.4 M307.4 M
Net Income Per Employee77.8 K63.1 K

Hershey Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Hershey Foods. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Hershey Foods position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Hershey Foods' important profitability drivers and their relationship over time.

Use Hershey Foods in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Hershey Foods position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Hershey Foods will appreciate offsetting losses from the drop in the long position's value.

Hershey Foods Pair Trading

Hershey Foods Corp Pair Trading Analysis

The ability to find closely correlated positions to Hershey Foods could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hershey Foods when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hershey Foods - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Hershey Foods Corp to buy it.
The correlation of Hershey Foods is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hershey Foods moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hershey Foods Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Hershey Foods can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

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To fully project Hershey Foods' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Hershey Foods Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Hershey Foods' income statement, its balance sheet, and the statement of cash flows.
Potential Hershey Foods investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Hershey Foods investors may work on each financial statement separately, they are all related. The changes in Hershey Foods's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Hershey Foods's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.