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STOCK COMPARISON

Magnum Ice Cream vs Nestlé: Fair Value & Quality

Both stocks run through our valuation models. Here is how Magnum Ice Cream (MICC) and Nestlé (NESN) compare, as of Nov 5, 2026.

As of Nov 5, 2026, Fair Value Calculator sees Nestlé as the less overvalued of the two: Magnum Ice Cream trades at $20.11 versus a fair value of $7.41 (−63.2%), while Nestlé trades at CHF 87.23 versus CHF 59.51 (−31.8%).
Magnum Ice Cream
MICC · USD · Consumer Staples
−63.2%
upside to fair value
overvalued
Price$20.11
Fair Value$7.41
Quality48/100
Fair ValueQualityUptrend
Nestlé
NESN.SW · CHF · Consumer Staples
−31.8%
upside to fair value
overvalued
PriceCHF 87.23
Fair ValueCHF 59.51
Quality68/100
Fair ValueQualityUptrend
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Head-to-head numbers

Green is the better side of a row, red the weaker one (for valuation multiples: lower = cheaper). Grey rows are for reference only and are not scored.

betterweakerfor reference, not scored

Magnum Ice CreamNestlé
Valuation
41.0×P/E (TTM)30.2×
14.9×Forward P/E (FY2027)18.1×
n/aMedian P/E at FY-end (10 FY, reported earnings)24.0×
1.37×P/S (TTM)2.53×
17.69× · book value is mostly goodwillP/B6.84× · book value is mostly goodwill
11.8×EV/EBITDA16.0×
0.66×PEG1.88×
−63.2%Fair value upside−31.8%
n/aDividend yield3.6%
n/aDividend per shareCHF 3.10
Profitability
12.5%Operating margin16.1%
0.78×EBIT margin trend (5Y)0.91×
9.6%Return on equity26.2%
3.9%Return on assets7.1%
Growth
4.2%Revenue growth (YoY)-2.5%
1.8%Avg. growth/yr (3Y)-1.9%
n/aAvg. growth/yr (5Y)1.1%
−7.0%Value creation/yr−0.4%
Balance & size
4.3×Interest coverage (EBIT/interest)8.5×
4.93×Debt / equity1.34×
$12BMarket cap$275B
weakGrowth qualityweak
Nestlé, median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings: 24.
Forward P/E: price divided by the analyst consensus for the first fiscal year that has not started yet. The current year carries special items from quarters already reported.

Nestlé leads: 4 to 8 metric wins.

n/a = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

Magnum Ice Cream Nestlé
ProfitabilityHow much profit the company makes from its sales and capital
68
60
Quality GrowthAre margins and returns getting better?
30
43
CashflowDo the profits arrive as real cash?
24
67
Financial strengthDebt, balance sheet and risk of trouble
23
42
InvestmentDoes it invest with discipline instead of growing at any price?
68
94
Low VolatilityHow calm the share price moves, does not count
38
93
Price momentumPrice momentum of the last 3 to 12 months, does not count
70
50
Near the 52-week highDistance to the 52-week high, does not count
84
76
New sharesBuys back shares or issues new ones?
80
87

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyMagnum Ice CreamPrice $20.11NestléPrice CHF 87.23
DCF Models−76.5%below the price$4.73−34.5%below the priceCHF 57.16
Earnings-Based−75.8%below the price$4.87−57.2%below the priceCHF 37.33
Dividend Discountn/a−54.2%below the priceCHF 39.96
Multiples−24.8%below the price$15.13−20.0%below the priceCHF 69.76
Growth DCFn/a−31.6%below the priceCHF 59.66
Economic Profit−80.7%below the price$3.89−57.9%below the priceCHF 36.73
Growth Earnings−56.9%below the price$8.67−36.0%below the priceCHF 55.79
Matching families5 of 7
Minimum−80.7%below the price$3.89−57.9%below the priceCHF 36.73
Maximum−24.8%below the price$15.13−20.0%below the priceCHF 69.76
Median−75.8%below the price$4.87−36.0%below the priceCHF 55.79
Geometric mean−67.6%below the price$6.51−43.0%below the priceCHF 49.76
Ahead family by family0 of 55 of 5

Minimum, maximum, median and geometric mean only use the families both stocks have (matching families: 5 of 7), so a family without a value on one side does not distort the comparison. Ahead in a family is the stock whose fair value there sits higher relative to its price. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

Family by family: Nestlé is ahead in 5 of 5 shared families, Magnum Ice Cream in none.

Magnum Ice Cream: 15 of 16 models see the stock below the current price.

Nestlé: 22 of 22 models see the stock below the current price.

Scenario ranges

From our cautious bear scenario to the optimistic bull scenario. The white tick is the current price (value above it), the green tick the fair value (value below it): if the price sits left of the fair value, there is room to rise.

Magnum Ice Cream
Price $20.11
Fair Value $7.41
Bear $3.99Bull $14.44
Nestlé
Price CHF 87.23
Fair Value CHF 59.51
Bear CHF 36.96Bull CHF 88.54

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Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Magnum Ice Cream · Consumer Staples

Quality score48 · below median
Fair value upside−63.2% · bottom 25%

Nestlé · Consumer Staples

Quality score68 · Top 25%
Fair value upside−31.8% · below median

Bottom line

As of Nov 5, 2026, Fair Value Calculator sees Nestlé as the less overvalued of the two: Magnum Ice Cream trades at $20.11 versus a fair value of $7.41 (−63.2%), while Nestlé trades at CHF 87.23 versus CHF 59.51 (−31.8%).

Nestlé has the higher quality score (68/100).

Open Nestlé live analysis →

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A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.