Hershey Return on Average Equity Trend from 2010 to 2022

HSY -  USA Stock  

USD 225.41  20.29  9.89%

Hershey Foods Return on Average Equity yearly trend continues to be fairly stable with very little volatility. Return on Average Equity is likely to outpace its year average in 2022. During the period from 2010 to 2022, Hershey Foods Return on Average Equity regression line of anual values had r-squared of 0.037899 and arithmetic mean of  0.71. Hershey Foods Cost of Revenue is fairly stable at the moment as compared to the past year. Hershey Foods reported Cost of Revenue of 4.92 Billion in 2021. Gross Profit is likely to rise to about 4.1 B in 2022, whereas Direct Expenses is likely to drop slightly above 3.8 B in 2022.
  
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Check Hershey Foods financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hershey main balance sheet or income statement drivers, such as Direct Expenses of 3.8 B, Consolidated Income of 1.3 B or Cost of Revenue of 5 B, as well as many exotic indicators such as Interest Coverage of 10.82, Long Term Debt to Equity of 1.65 or Calculated Tax Rate of 26.48. Hershey financial statements analysis is a perfect complement when working with Hershey Foods Valuation or Volatility modules. It can also supplement various Hershey Foods Technical models. Please check the analysis of Hershey Foods Correlation against competitors.

Hershey Return on Average Equity Breakdown

Showing smoothed Return on Average Equity of Hershey Foods Corp with missing and latest data points interpolated. Return on equity measures a corporation's profitability by calculating the amount of Net Income Common Stock returned as a percentage of [EquityAvg].Hershey Foods' Return on Average Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hershey Foods' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 62.52 %10 Years Trend
Increasing
Stable
 Return on Average Equity 
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      Timeline 

Hershey Return on Average Equity Regression Statistics

Arithmetic Mean 0.71
Geometric Mean 0.69
Coefficient Of Variation 21.05
Mean Deviation 0.11
Median 0.69
Standard Deviation 0.15
Sample Variance 0.02226
Range 0.54
R-Value 0.19
Mean Square Error 0.023363
R-Squared 0.037899
Significance 0.52
Slope 0.007458
Total Sum of Squares 0.27

Hershey Return on Average Equity History

2012  0.67 
2013  0.64 
2014  0.55 
2015  0.48 
2016  0.89 
2017  0.92 
2018  1.01 
2019  0.70 
2020  0.66 
2021  0.60 
2022  0.73 

About Hershey Foods Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Hershey Foods income statement, its balance sheet, and the statement of cash flows. Hershey Foods investors use historical funamental indicators, such as Hershey Foods's Return on Average Equity, to determine how well the company is positioned to perform in the future. Although Hershey Foods investors may use 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. We offer a historical overview of the basic patterns found on Hershey Foods Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Hershey Foods. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Return on Average Equity 0.60  0.73 
Average Assets9.4 B8.7 B
Average Equity2.5 B2.1 B
Invested Capital Average7.6 BB
The Hershey Company, together with its subsidiaries, engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally. The company was founded in 1894 and is headquartered in Hershey, Pennsylvania. Hershey Foods operates under Confectioners classification in the United States and is traded on New York Stock Exchange. It employs 16620 people.

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Please check the analysis of Hershey Foods Correlation against competitors. Note that the Hershey Foods Corp information on this page should be used as a complementary analysis to other Hershey Foods' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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Is Hershey Foods' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hershey Foods. If investors know Hershey will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hershey Foods listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Hershey Foods Corp is measured differently than its book value, which is the value of Hershey that is recorded on the company's balance sheet. Investors also form their own opinion of Hershey Foods' value that differs from its market value or its book value, called intrinsic value, which is Hershey Foods' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hershey Foods' market value can be influenced by many factors that don't directly affect Hershey Foods' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hershey Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine Hershey Foods value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hershey Foods' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.