Capital Intensity
Score how much of a company is physical plant, inventory, and equipment, whether that base is being maintained, and whether the shares have tangible backing.
Mondelez International Inc
Physical assets are 22.1% of total assets, a light footprint. Capex is 0.94x depreciation while free cash flow yield is positive, which can mean an aging base that is still throwing off cash. EBITDA after capex covers debt service by 0.81x, which is below 1.
Fixed-asset turnover is 3.38x. Compare it with other names in the same basket.
Physical asset ratio
22.1%
Net PP&E plus inventory, divided by total assets. Above 50% is a heavy footprint.
Fixed asset turnover
3.38x
Revenue per dollar of the physical asset base.
Capex / D&A
0.94x
Above 1.0x means the physical base is being replaced or expanded.
Tangible book / share
-$13.92
Assets minus goodwill, intangibles, and liabilities, per share.
Price / tangible book
—
Price $63.03.
Fixed-charge coverage
0.81x
EBITDA minus capex, divided by interest plus short-term debt.
FCF yield
4.1%
Latest free cash flow divided by current market cap ($79.86B).
ROIC
5.7%
After-tax operating income over equity plus debt minus cash.
Operating income / net PP&E is 0.31x.
Footprint and return
Turnover and reinvestment
| Year | Physical | FAT | Capex/D&A | TBV/sh | Coverage | FCF | ROIC | EBIT/PP&E |
|---|---|---|---|---|---|---|---|---|
| 2018 | 17.7% | 3.06x | 1.35x | -$8.76 | 0.48x | $2.85B | 6.3% | 0.39x |
| 2019 | 18.4% | 2.78x | 0.88x | -$7.88 | 0.86x | $3.04B | 8.6% | 0.41x |
| 2020 | 18.2% | 2.75x | 0.77x | -$8.83 | 1.27x | $3.10B | 6.5% | 0.40x |
| 2021 | 17.9% | 3.10x | 0.87x | -$8.45 | 2.10x | $3.18B | 8.2% | 0.50x |
| 2022 | 18.4% | 3.25x | 0.82x | -$11.73 | 1.24x | $3.00B | 5.3% | 0.37x |
| 2023 | 19.6% | 3.47x | 0.92x | -$11.22 | 1.55x | $3.60B | 11.8% | 0.53x |
| 2024 | 20.5% | 3.56x | 1.07x | -$11.07 | 2.58x | $3.52B | 11.0% | 0.62x |
| 2025 | 22.1% | 3.38x | 0.94x | -$13.92 | 0.81x | $3.24B | 5.7% | 0.31x |
- Principal due is short-term debt, the amount reported as due within a year.
Latest year inputs (2025)
Net PP&E: $11.40B
Inventory: $4.42B
Total assets: $71.49B
Goodwill: $24.34B
Intangibles: $19.63B
Liabilities: $45.60B
Tangible book: -$18.07B
Shares: 1,298,000,000
Revenue: $38.54B
Capex: $1.28B
D&A: $1.36B
EBITDA: $4.97B
Interest: $599.00M
Short-term debt: $3.98B
Free cash flow: $3.24B
Operating income: $3.55B
Invested capital: $46.12B
Tax rate: 25.9%