The Discounted Cash Flow (DCF) valuation of Kraft Heinz Co (KHC) is 32.93 USD. With the latest stock price at 26.50 USD, the upside of Kraft Heinz Co based on DCF is 24.2%.

Is Kraft a buy or a sell?

Based on the latest price of 26.50 USD and our DCF valuation, Kraft Heinz Co (KHC) is a buy. Buying Kraft stocks now will result in a potential gain of 24.2%.

	Range	Selected
WACC / Discount Rate	4.5% - 5.5%	5.0%
Long-term Growth Rate	0.5% - 1.5%	1.0%
Fair Price	23.41 - 49.03	32.93
Upside	-11.6% - 85.0%	24.2%

26.50 USD

Stock Price

32.93 USD

Fair Price

REVENUE & EXPENSES

CAPEX

D&A

WORKING CAPITAL

TERMINAL VALUE

Kraft DCF Valuation: Revenue & Expenses Forecast

(USD in millions)		Projections

	12-2024	12-2025	12-2026	12-2027	12-2028	12-2029

Revenue	25,846	24,185	25,003	25,590	26,226	26,751
% Growth	3%	-6%	3%	2%	2%	2%

Cost of goods sold	(16,870)	(15,470)	(15,674)	(15,720)	(15,789)	(15,783)
% of Revenue	65%	64%	63%	61%	60%	59%

Selling, G&A expenses	(3,597)	(3,366)	(3,480)	(3,561)	(3,650)	(3,723)
% of Revenue	14%	14%	14%	14%	14%	14%

Research & Development	0	0	0	0	0	0
% of Revenue	0%	0%	0%	0%	0%	0%

Net interest & other expenses	(4,523)	(4,232)	(4,376)	(4,478)	(4,590)	(4,681)
% of Revenue	17%	17%	17%	17%	17%	17%

Tax expense	1,890	(302)	(398)	(494)	(593)	(692)
Tax rate	221%	27%	27%	27%	27%	27%

Net profit	2,746	815	1,076	1,336	1,604	1,871
% Margin	11%	3%	4%	5%	6%	7%