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Added to YB: 2026-02-23

Pitch date: 2026-02-19

MICC [neutral]

The Magnum Ice Cream Company N.V.

-0.42%

current return

Author Info

Financial Engineering shares stock pitches in concise 12-page reports. Visit the website.

Company Info

The Magnum Ice Cream Company N.V. engages in the ice cream business in the Netherlands. The company offers its products under the Magnum, Ben & Jerry's, Cornetto, and Wall's brands.

Market Cap

EUR 7.7B

Pitch Price

EUR 13.95

Price Target

N/A

Dividend

N/A

EV/EBITDA

8.83

P/E

26.44

EV/Sales

1.36

Sector

Food Products

Category

special_situation

Show full summary:
A look at Magnum Ice Cream after the spin-off

MICC (watchlist): Unilever spinoff, world's largest ice cream co w/ ~20% global share. Market growing despite weight-loss trends. FY25: 4.2% organic growth (1.5% vol, 2.6% price), 11.6% op margin. €3B net debt (5x FCF) post-separation. Trading 20x current €600M FCF, 11-12x mgmt's €1B target. Watching for deleveraging & margin expansion. Risk: Unilever selling remaining 20% stake.

Read full article (7 min)