The Magnum Ice Cream Company N.V. (MICC) AI Stock Analysis

The Magnum Ice Cream Company N.V. engages in the ice cream business in the Netherlands and globally. The company offers its products under the Magnum, Ben & Jerry's, Cornetto, and Wall's brands. It operates in the rest of Europe, North America, South America, Africa, Asia, the Middle East, Australia, and New Zealand. Headquartered in Amsterdam, the Netherlands, the company was incorporated in 2025 and employs 19,000 people.

Between FY2022 and FY2025, revenue grew at a 3-year CAGR of 1.8%, moving from $7.51B in FY2022 to $7.91B in FY2025, when revenue fell 0.5%. Net income declined over this period from $509.0M in FY2022 to $292.9M in FY2025, bringing net margin down from 6.8% to 3.7%. Operating margin was 9.8% in FY2022 and 7.6% in FY2025. In the trailing twelve months ended June 30, 2026, revenue totaled $8.10B with an operating margin of 12.5% and a profit margin of 2.2%. In the latest quarter, quarterly revenue grew 4.2% year-over-year.

As of June 30, 2026, cash and short-term investments stood at $576.1M against total debt of $3.84B, leaving net debt at $3.26B. Shareholders' equity was $1.08B, resulting in a debt-to-equity ratio of 3.56, while total assets were $9.80B and the current ratio was 1.01. Operating cash flow fell to $367.9M in FY2025 from $1.14B in FY2024, leaving free cash flow at $11.0M after capital expenditures of $356.9M. In FY2025, dividends paid totaled $83.0M.

MICC trades at a trailing P/E of 38.3x and a forward P/E of 15.5x, compared to medians of 18.6x and 14.3x for its US-listed Consumer Defensive peers. Its enterprise value of $15.22B implies an EV/EBITDA multiple of 15.0x versus the peer median of 11.7x, and price-to-sales is 1.4x versus 0.7x. The company's PEG ratio is 0.71 and its price-to-book ratio is 9.5x. Year-to-date, MICC shares have returned 18.5%, while the S&P 500 (SPY) returned 16.8% over the past year.

Four analysts cover MICC, with ratings consisting of 0 Strong Buy, 1 Buy, 2 Hold, 0 Sell, and 1 Strong Sell. The mean price target is $19.07, representing a 1.6% premium over the last close of $18.78. For the fiscal year ending December 31, 2026, consensus estimates project revenue of $8.35B and EPS of $1.11, representing EPS growth of 0.7%. For the following fiscal year, 3 analysts project revenue of $8.68B and EPS of $1.21.

This page is an AI-written research summary of The Magnum Ice Cream Company N.V. (MICC). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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