Stock Analysis on Net

Hershey Co. (NYSE:HSY)

$22.49

This company has been moved to the archive! The financial data has not been updated since July 27, 2023.

Price to Sales (P/S)
since 2005

Microsoft Excel

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Calculation

Hershey Co., P/S, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

1 US$

2 Data adjusted for splits and stock dividends.

3 Closing price as at the filing date of Hershey Co. Annual Report.


Share Price Trend
The share price exhibits an overall upward trajectory from 2006 to 2023. Initially, the share price experienced a decline from $51.15 in 2006 to a low of $34.64 in 2009. Following this dip, there was a consistent recovery and growth phase, reaching $81.23 in 2013 and peaking at $240.69 in 2023. Notably, the share price showed significant increases between 2009 and 2014 and again from 2019 onwards, indicating periods of substantial investor confidence and market valuation improvements.
Sales Per Share
Sales per share experienced steady and continuous growth throughout the entire period from $20.24 in 2006 to $51.07 in 2023. This reflects sustained revenue generation capacity on a per-share basis, with increments each year showcasing operational growth and possibly successful expansion or increased product demand. The growth appears relatively linear, without any major downturns or volatility.
Price-to-Sales (P/S) Ratio
The Price-to-Sales ratio shows variability but generally trends upward over the years. It reached a low in 2009 at around 1.53, coinciding with the lowest share price, and subsequently rose, peaking at about 4.71 in 2023. This ratio indicates increasing market valuation relative to sales, suggesting that investors are willing to pay more for each dollar of sales over time, potentially due to improved profitability, brand value, or growth prospects. Periods of higher P/S ratios (notably post-2014) point to heightened market expectations or premium valuation.
Overall Insights
The data indicates a company that has recovered from a challenging period around 2008-2009 and has since demonstrated consistent sales growth per share complemented by a rising share price and P/S ratio. The increasing P/S ratio alongside rising sales and share prices suggests enhanced market confidence and possibly improved operational efficiency or strategic successes. The growth in share price outpaces sales growth, which may signify strong investor sentiment or anticipated future growth beyond current sales performance.

Comparison to Competitors

Hershey Co., P/S, long-term trends, comparison to competitors

Microsoft Excel

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).


Comparison to Sector (Food, Beverage & Tobacco)


Comparison to Industry (Consumer Staples)