International Flavors & Fragrances Inc (IFF) fair value: what the stock is really worth
As of Nov 4, 2026: fair value (intrinsic value) of International Flavors & Fragrances Inc stock $44.90, price $87.67, that is 48.8% below the price, quality 44 out of 100. Rating: strongly overvalued. Calculated from audited financials with 12 of our 26 valuation models and 37 quality factors, updated daily.
Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with oneYes, for free
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 4, 2026.
How to read this chart
60‑month range $58.10 – $136.43 · fair‑value band $21.80 – $68.00 · the $87.67 price screens above the $44.90 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 4, 2026.
Follow International Flavors & Fragrances in your weekly email
Every Wednesday you see whether International Flavors & Fragrances is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
International Flavors & Fragrances Inc., together with its subsidiaries, manufactures and markets food, beverage, health and biosciences, scent, and complementary adjacent products in the United States, and internationally.
Show moreShow less
It operates in through Taste, Food Ingredients, Health & Biosciences, and Scent segments.
The Taste segment offers savory products such as soups, sauces, meat, fish, poultry, snacks; beverages consists of juice drinks, carbonated or flavored beverages, spirits; sweets comprising, bakery products, candy, cereal, chewing gum; and dairy products, such as yogurt, ice cream, cheese, and other products, as well as spices and seasoning ingredients for meat, food service, convenience, alternative protein and culinary products.
The Food Ingredients segment provides natural, artificial, and plant-based specialty food ingredients; natural antioxidants and anti-microbials used for natural food preservation and shelf-life extension for beverages, cosmetic and healthcare products, pet food and feed additives; and savory solutions, such as spices, marinades, and mixtures, and inclusion products comprising combining flavorings with fruit, vegetables and other natural ingredients, as well as soy and pea protein with value-added formulations, emulsifiers and sweeteners.
The Health & Biosciences segment offers enzymes, food cultures, probiotics and specialty ingredients for food and non-food applications, as well as engages in health, food biosciences, home and personal care, animal nutrition and grain processing businesses.
The Scent segment creates fragrance compounds, and fragrance ingredients. International Flavors & Fragrances Inc. was incorporated in 1909 and is headquartered in New York, New York.
Stock analysis
International Flavors & Fragrances Inc (IFF) currently trades at $87.67, while our model-based Fair Value estimate is $44.90, 49% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the DCF Models group reads highest at a median of $28.34 per share, and 0 of the 12 models we run sit above the $87.67 price.
Bear case: the Growth DCF group reads lowest at $16.61, and 12 of the 12 models stay below the price. Data coverage for this calculation is medium.
Scenario range: $21.80 (bear) to $68.00 (bull), the price of $87.67 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 44/100 (below-average quality), in the Basic Materials sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
International Flavors & Fragrances Inc reported revenue of $10.9B in FY2025 versus $11.7B in FY2021, a compound −1.7%/yr. Reported net income was −$361M in FY2025.
Key figures
Market cap $22.5B Large · P/E ratio 86.8 · P/S ratio 2.09 · EPS (TTM) $1.01 · Dividend yield 1.8% · Net margin 2.6% · Return on equity −5.6% · Return on assets (EBIT) −0.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 27 out of 100 (low confidence).
What moves the price
The share trades about 7% below its 52-week high and 46% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −44% fair-value upside, at −49%, IFF screens richer than that median.
Fair Value models
Bear$21.80Fair Value $44.90Bull$68.00
Price $87.67 · Downside -48.8%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
EPV$12.17$16.94$21.1273
FCF DCF$5.00$18.06$38.6870
5Y EBITDA Exit$22.35$51.93$87.2970
All 12 models by family
DCF Models
FCF DCF$5.00$18.06$38.6870
5Y Revenue Exit$10.01$28.34$52.2366
5Y EBITDA Exit$22.35$51.93$87.2970
10Y Revenue Exit$7.09$23.57$46.6659
10Y EBITDA Exit$15.99$40.18$74.0462
Earnings-Based
EPV$12.17$16.94$21.1273
Multiples
EV/EBIT$10.90$22.45$34.0062
EV/EBITDA$29.27$46.95$64.6266
EV/Revenue$6.28$19.15$32.0249
Growth DCF
Growth DCF$5.27$16.61$33.3070
Rev-Margin DCF$10.01$28.07$49.3366
Economic Profit
ROIC Compounder$12.17$16.94$21.1270
The fair value above starts from this blend and is adjusted for a cyclical trough year.
In the last 6 months, one officer or director bought shares worth $20.3M, on Jun 1, 2026. Over the same period, 3 people sold shares worth $1.3M.
Salede Mendonca Ana Paula TelesPresident, Scent5,718 shares at $83.19$475,680Aug 17, 2026
SaleMarc BirenkrantController & CAO1,000 shares at $85.00$85,000Aug 7, 2026
SaleMichael DeVeauEVP, CFO8,825 shares at $85.55$754,979Aug 6, 2026
BuyPaul J FribourgDirector2× since Feb 9, 2026: 429,849 shares, avg. $72.78$31.3MJun 1, 2026
BuyJ Erik FyrwaldChief Executive Officer, Director14,260 shares at $69.79$995,179Mar 13, 2026
SalePaul J FribourgDirector215 shares at $65.37$14,055Dec 15, 2025
BuyStephen N LandsmanEVP, General Counsel3,100 shares at $63.48$196,788Dec 12, 2025
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
−5.2%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−4.3%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+16.5%
Start year 2020 (pandemic). Over 10 years: +13.7% a year
Revenue growth 40 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+8.0%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
12.9% (2019) → 6.7% (2024)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+40.1%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
−4.7%
Yearly sales growth analysts expect, extended to five years.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +36.9% a year for the price and −6.9% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (100 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Hype
Recent news coverage is unusually upbeat, far more positive than stocks are typically covered.
AI conclusion: The business shows potential strength in shifting toward higher-profitability scents and biosciences via new technology and exits from low-margin segments, yet its main weakness remains evident financial pressures from losses and high leverage.
Main risk: Ongoing antitrust investigations and class actions alleging price-fixing in fragrance ingredients could lead to further settlements, fines or restrictions that raise costs and limit pricing flexibility for IFF's scent products.
Bull case: By leveraging its AI tools and biotechnology capabilities IFF could accelerate development of differentiated natural and sustainable ingredients that meet clean-label demands and strengthen its position against smaller rivals.
Bear case: If antitrust actions expand or smaller competitors capture more share in natural segments IFF might face sustained higher legal costs, restricted pricing power and gradual loss of business from key multinational customers.
IFF is exiting lower-margin food ingredients while introducing AQUASCENT water-based fragrance technology in its core Scent business. The moves target higher profitability in flavors, fragrances and biosciences, yet our models see the stock as overvalued. Will the margin lift from this sharper focus exceed the integration and growth risks that remain?
Compare International Flavors & Fragrances Inc with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Specialty Chemicals · 727 stocks
Beats the industry median on 1/13 measures
Overall it trails its industry peers.
Valuation
Quality Score44 · Bottom 25%
Fair Value upside−48.8% · Below median
Profitability
Return on assets−1.4% · Bottom 25%
Net margin (12 months)2.6% · Below median
Operating margin (12 months)8.5% · Below median
Growth and dividend
Revenue growth (quarter YoY)1.8% · Below median
Dividend yield (12 months)1.8% · Above median
Balance sheet
Debt / equity0.34× · Highest 25%
Valuation Multiplesvs Specialty Chemicals median · lower = cheaper
P/E (12 months)86.8× · Priciest 25%
P/B1.59× · book value is mostly goodwill ⓘGoodwill and other intangible assets are larger than the equity. The book value mainly reflects prices paid for past acquisitions, so we do not rank this P/B against the peer group.
P/S (12 months)2.09× · Pricier than median
Price / free cash flow88.0× · Priciest 25%
EV/EBITDA14.0× · Pricier than median
PEG2.34× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)9· sector 67
PAST (return on equity)0· sector 27
HEALTH (low debt)83· sector 95
DIVIDEND (yield)37· sector 30
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is International Flavors & Fragrances Inc (IFF) overvalued or undervalued?
As of Nov 4, 2026, our model estimates a fair value of $44.90 versus a price of $87.67, about 49% lower (overvalued).
What is the fair value of IFF?
Our model-based fair value for International Flavors & Fragrances Inc is $44.90 (as of Nov 4, 2026), built from audited fundamentals. The current price: $87.67.
What is the quality score of IFF?
International Flavors & Fragrances Inc has a Quality Score of 44/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for International Flavors & Fragrances Inc (IFF)?
Our model-based price target is the fair value of $44.90 (as of Nov 4, 2026) from 12 valuation models. Cautious scenario $21.80, optimistic scenario $68.00. It is a calculation from audited fundamentals, not an analyst target.
What is the International Flavors & Fragrances Inc stock forecast for 2026?
Our models put fair value at $44.90, about 49% lower versus a price of $87.67 (overvalued). Cautious scenario $21.80, optimistic scenario $68.00. The calculation is refreshed regularly with new filings.
What is the revenue of International Flavors & Fragrances Inc (IFF)?
International Flavors & Fragrances Inc reported trailing-twelve-month revenue of about $10.8B (latest available figure, as of Nov 4, 2026).
Does International Flavors & Fragrances Inc pay a dividend?
International Flavors & Fragrances Inc currently shows a dividend yield of 1.83% relative to its recent price (as of Nov 4, 2026).
What growth is priced into International Flavors & Fragrances Inc (IFF)?
For today's price to be fair in a discounted-cash-flow model, International Flavors & Fragrances Inc would have to grow free cash flow by +40.1 % per year for five years (discount rate 8.9 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +16.5 % per year. As of Nov 4, 2026.
What discount rate (WACC) does the fair value of IFF use?
Our models discount International Flavors & Fragrances Inc at 8.9 %: a base by market capitalisation (large), damped by beta 0.88, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For International Flavors & Fragrances Inc that is +40.1 % per year a year over ten years, using the same discount rate (8.9 %) and the same formula as our fair value.
How much growth has International Flavors & Fragrances Inc (IFF) delivered so far?
Over the past 5 years revenue at International Flavors & Fragrances Inc grew +16.5 % a year. The price currently implies +40.1 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of International Flavors & Fragrances Inc (IFF) growing?
The median revenue growth in the sector is +9.8 % a year. That is the yardstick for the growth priced into International Flavors & Fragrances Inc (+40.1 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of International Flavors & Fragrances Inc (IFF)?
The free-cash-flow yield on the price is 1.14 %: that much free cash flow International Flavors & Fragrances Inc produces per unit of market value. When it exceeds the discount rate of our models (8.9 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of International Flavors & Fragrances Inc (IFF)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For International Flavors & Fragrances Inc it is $44.90 per share (as of Nov 4, 2026), against a price of $87.67. It is the blended result of 12 valuation models (cash flow, earnings, asset, dividend).
Is International Flavors & Fragrances Inc stock overvalued or undervalued in 2026?
As of Nov 4, 2026, IFF trades above its calculated fair value: price $87.67, fair value $44.90, a gap of about −49% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of IFF?
No. The price is what the market pays today ($87.67); the fair value is what the company's own numbers justify ($44.90). For International Flavors & Fragrances Inc the two are $42.77 per share apart. That gap is exactly why we show both numbers side by side.
How much is International Flavors & Fragrances Inc worth?
The market values International Flavors & Fragrances Inc at about $22.5B (market capitalisation, as of Nov 4, 2026). Per share that is $87.67; our models calculate a fair value of $44.90 per share.
What do the bullish and bearish scenarios say about IFF?
Our models span a range for International Flavors & Fragrances Inc: cautious scenario $21.80, base $44.90, optimistic $68.00 per share (as of Nov 4, 2026, price $87.67). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of IFF?
International Flavors & Fragrances Inc trades at a price-to-earnings ratio of 86.8 (as of Nov 4, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $44.90 is built from several models across several years. Median P/E at fiscal year-end, 7 fiscal years (2016 to 2024), reported earnings: 35.4. Other multiples: PEG 2.3, P/B 1.6, P/S 2.1, EV/EBITDA 14.0.
What is the PEG ratio of IFF?
The PEG ratio of International Flavors & Fragrances Inc is 2.34 (P/E divided by earnings growth, as of Nov 4, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of International Flavors & Fragrances Inc (IFF)?
Balance-sheet figures for International Flavors & Fragrances Inc (as of Nov 4, 2026): return on equity −5.6%, debt of 0.34 per unit of equity. They feed the Quality Score of 44/100, which measures business quality independently of the share price.
How far is IFF from its 52-week high?
International Flavors & Fragrances Inc trades at $87.67, about 7% below its 52-week high of $94.63 and 46% above the low of $60.15 (as of Nov 4, 2026). Distance from the high says nothing about value: that is what the fair value of $44.90 is for.
Which stocks are comparable to International Flavors & Fragrances Inc?
From the same area (Basic Materials) we also value Linde plc, Ecolab Inc, The Sherwin-Williams Company, Nan Ya Plastics Corporation, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is International Flavors & Fragrances Inc stock attractive at the current price?
The data as of Nov 4, 2026: price $87.67, calculated fair value $44.90 (−49%), Quality Score 44/100, from 12 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of IFF calculated?
We run International Flavors & Fragrances Inc through 12 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $44.90, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.5% above its aggregate fair value. International Flavors & Fragrances Inc itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of International Flavors & Fragrances Inc (IFF)?
The closing price on Nov 4, 2026 was $87.67. Our model-based fair value is $44.90, about 49% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with International Flavors & Fragrances Inc right now?
The price sits above even our optimistic bull case ($68.00). The favourable scenario is already priced in. Weak quality (44/100) and above fair value at the same time, the margin of safety is missing on both counts. The model range is unusually wide ($21.80 to $68.00). The outcome hinges heavily on assumptions, so read the point estimate with caution.
Key figures of International Flavors & Fragrances Inc
How large is the market capitalisation of International Flavors & Fragrances Inc (IFF)?
The market capitalisation of International Flavors & Fragrances Inc is $22.5B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of International Flavors & Fragrances Inc (IFF)?
The price-to-sales ratio of International Flavors & Fragrances Inc is 2.09 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of International Flavors & Fragrances Inc (IFF)?
Earnings per share at International Flavors & Fragrances Inc are $1.01 (price ÷ EPS = P/E 86.8). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of International Flavors & Fragrances Inc (IFF)?
The dividend yield of International Flavors & Fragrances Inc is 1.8% (payout 158%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of International Flavors & Fragrances Inc (IFF)?
The net margin of International Flavors & Fragrances Inc is 2.6% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of International Flavors & Fragrances Inc (IFF)?
The return on equity (ROE) of International Flavors & Fragrances Inc is −5.6% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of International Flavors & Fragrances Inc (IFF)?
On an EBIT basis the return on assets of International Flavors & Fragrances Inc is −0.6% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of International Flavors & Fragrances Inc (IFF)?
The operating margin of International Flavors & Fragrances Inc is 8.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at International Flavors & Fragrances Inc (IFF)?
Revenue at International Flavors & Fragrances Inc is growing +1.8% versus a year earlier (3y avg −4.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at International Flavors & Fragrances Inc (IFF)?
Earnings per share at International Flavors & Fragrances Inc are growing −91.6% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does International Flavors & Fragrances Inc (IFF) carry?
The net debt of International Flavors & Fragrances Inc is $6.1B (fiscal year 2025, ≈ 23.7 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch International Flavors & Fragrances Inc in the live analysis
One click puts International Flavors & Fragrances Inc on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Some data
Nov 4, 2026