Is Mondelez International Overvalued?

Is Mondelez International Overvalued?

Mondelez International (NASDAQ: MDLZ) stock and several of its peers in the food industry have underperformed the S&P 500 over the last five years. This is largely because sales growth has been very difficult to come by, as consumers are turning away from sugary, heavily processed foods in favor of healthier choices.

Still, Mondelez stock is up about 61% since late 2012, which is much better than some of its peers, including The Hershey Company (NYSE: HSY), Kellogg's (NYSE: K), and General Mills (NYSE: GIS), which are up anywhere from about 35% to 45%.

We'll take a look at Mondelez's valuation and growth expectations to determine whether Mondelez is overvalued or still a good investment at current valuation levels.

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Source: Fool.com