The Magnum Ice Cream Company N.V. (MICC) Fundamental Analysis: Bull vs. Bear Case

MICC

The Magnum Ice Cream Company N.V.

Fundamental data last updated:November 1, 2026

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company profile

SECTOR

Consumer Defensive

industry

Packaged Foods

Exchange

NYSE

County of HQ

NL

Next Earnings Date

Pending Announcement

Business Summary

The Magnum Ice Cream Company N.V. focuses on ice cream business. The Magnum Ice Cream Company N.V. is based in Amsterdam, Noord-Holland, Netherlands.

VALUATION

P/E

34.05 Market Cap ($M USD)

$9.98B

Forward P/E

10.46 PEG

0.05 PRICE TO SALES

1.08 PRICE TO BOOK

13.61 EV / EBITDA

9.90 5-Year Average P/E

Free Cash Flow Yield

0.13%

DCF Value

$95.33

Graham Number

$3.32

Price to FCF

773.45 EV to FCF

1043.91

Earnings Yield

3.44%

FCF Yield

0.13%

DIVIDEND

Yield

0.00%

Annual Payout

$0.00

Payout Ratio

28.33%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$0.48

Next Year EPS Growth Estimate

$1.56

Next Year Revenue Growth Estimate

$11.63B

Return on Equity (ROE)

79.30%

FREE CASH FLOW

Operating Margin

7.57%

Debt-to-Equity

0.17 Piotroski F-Score

6 Altman Z-Score

2.35 Return on Invested Capital (ROIC)

13.67%

Current Ratio

1.02 Quick Ratio

0.74 Net Debt to EBITDA

2.56 Interest Coverage

4.31 Gross Profit margin

34.63%

FCF PER SHARE

$0.02

REVENUE PER SHARE

$12.92

Gainseekers Quantitative Analysis

Summary

The market seems to be significantly undervaluing MICC. With a DCF value far exceeding the snapshot price, the stock appears deeply discounted. The Forward P/E of 10.45 suggests strong future earnings potential, while the Altman Z-score of 2.64 indicates moderate financial stability. Despite a high Price/Book ratio, the company’s robust Earnings Yield of 5.54% reflects a solid return on investment. Overall, the financial health and growth prospects are compelling, hinting at a mispricing opportunity.

AI Exposure / Tech Reliance

In the packaged foods industry, MICC's ability to adapt to AI and tech shifts is limited but not negligible. Automation in production and supply chain optimization could enhance efficiency. However, the core product remains largely unaffected by digital transformation, focusing more on traditional consumer preferences.

The Bull Case

For the value-driven investor, MICC offers a tantalizing proposition. The ROIC of 20.11% underscores exceptional capital efficiency, while a Piotroski F-Score of 8 signals strong financial health. Despite a modest FCF Yield, the company's operating margin of 7.52% and low Debt/Equity ratio highlight its pricing power and operational resilience. These metrics suggest a company well-positioned to leverage its resources for growth.

The Bear Case

However, the stock is not without its pitfalls. The Price/Book ratio of 12.30 and Price/Sales ratio of 0.66 indicate potential overvaluation concerns. The Price to FCF ratio is alarmingly high at 111.11, suggesting poor cash flow relative to its market price. Additionally, the stock's proximity to its 52-week high raises questions about its technical overextension. These factors could deter cautious investors wary of inflated valuations.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

N/A

Average Analyst Price Target

$16.00

Institutional Ownership %

1-Year Beta

0.47 Insider Buying % (6 Mo)

Distance to 52-Week High

22.31%

Distance to 52-Week Low

20.59%

EARNINGS SURPRISE %

-38.47%

50-DAY SMA

$14.73

200-DAY SMA

$15.62

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.