As of 2025-05-08, the Intrinsic Value of Associated British Foods PLC (ABF.L) is 2,920.72 GBP. This ABF.L valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 2,028.00 GBP, the upside of Associated British Foods PLC is 44%.

The range of the Intrinsic Value is 2,175.56 - 4,401.21 GBP.

Is ABF.L undervalued or overvalued?

Based on its market price of 2,028.00 GBP and our intrinsic valuation, Associated British Foods PLC (ABF.L) is undervalued by 44%.

2,028.00 GBP

Stock Price

2,920.72 GBP

Intrinsic Value

Intrinsic Value Details

ABF.L Intrinsic Value - Valuation Summary

	Range	Selected	Upside
a
DCF (Growth Exit 5Y)	2,175.56 - 4,401.21	2,920.72	44.0%
DCF (Growth Exit 10Y)	2,334.16 - 4,325.17	3,005.74	48.2%
DCF (EBITDA Exit 5Y)	2,089.98 - 4,324.95	3,196.18	57.6%
DCF (EBITDA Exit 10Y)	2,330.5 - 4,409.59	3,328.47	64.1%
Peter Lynch Fair Value	3,407.44 - 3,407.44	3,407.44	68.02%
P/E Multiples	3,154.11 - 3,836.69	3,542.10	74.7%
EV/EBITDA Multiples	1,857.93 - 4,877.05	3,733.22	84.1%
Earnings Power Value	1,522.52 - 1,938.54	1,730.53	-14.7%
Dividend Discount Model - Stable	1,628.19 - 3,867.33	2,747.76	35.5%
Dividend Discount Model - Multi Stages	2,133.43 - 3,740.93	2,699.09	33.1%

ABF.L Intrinsic Value - Peers Comparison

	Range	Selected	Upside
a
Danone SA	42.06 - 117.2	64.18	-13.5%
Chocoladefabriken Lindt & Spruengli AG	47,412.84 - 124,996.69	68,187.23	-42.4%
Kerry Group PLC	67.74 - 163.63	96.05	0.5%
JDE Peets NV	25.22 - 45.8	32.96	48.4%
Orkla ASA	60.48 - 178.84	92.34	-21.9%
Barry Callebaut AG	(213.99) - 10,405.36	463.33	-39.0%
Ebro Foods SA	16.39 - 40.07	23.16	37.4%
Suedzucker AG	17.02 - 32.57	22.70	93.7%
Hilton Food Group PLC	578.67 - 1,147.32	771.97	-13.9%
Savencia SA	47.72 - 147	83.20	30.8%

ABF.L Intrinsic Value - Key Valuation Metrics

Market Cap (mil)	14,342
Beta	0.83
Outstanding shares (mil)	7
Enterprise Value (mil)	17,180

Market risk premium	6.5%
Cost of Equity	8.15%
Cost of Debt	4.35%
WACC	7.1%