The Magnum Ice Cream Company N.V. Ordinary Shares (MICC)

FairStock Score: 40/100 — MIXED

Key Financials

Current Price$19.05
Market Cap$8.1B
P/E Ratio56.03
ROE9.64%
Dividend Yield—%
SectorConsumer Defensive

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

At the close on 2026-10-13, Mr. Market asked $17.70 for a share of The Magnum Ice Cream Company. The brands - Magnum, Ben & Jerry's, Cornetto, and Wall's - are well known and sold across Europe, the Americas, Africa, Asia, the Middle East, Australia, and New Zealand, so this is a consumer-defensive ice cream business with some brand recognition. That is the attractive part. The financials are less appetizing. FairStock's P/E is 52.06 and P/B is 8.63, while return on equity is only 9.64% and return on capital employed is 7.26%. Debt to equity is 3.43, a heavy load. The Graham Number is $3.68, giving a negative margin of safety of -380.98% against the $17.70 close. A Piotroski F-Score of 2/9 and Altman Z-Score of 0.57 point to weak financial strength and elevated distress risk. The FairStock Score is 40/100. Growth cannot be assessed: revenue and profit growth are N/A, and the company has only 0 years of filed results, so no Lynch category applies. In Graham's terms, I want a margin of safety; here the price is far above a conservative valuation. In Buffett's terms, a branded ice cream seller can be a decent business, but I see no evidence of a durable moat or conservative balance sheet at this price. I would need several years of filed results, lower debt, and a price closer to intrinsic value before calling it compelling.

In plain English: The Magnum Ice Cream Company sells ice cream brands like Magnum, Ben & Jerry's, Cornetto, and Wall's around the world. Its profits look small compared with its share price, and the balance sheet shows a lot of debt and weak financial-strength signals, so the business looks financially stretched. At $17.70, the stock looks expensive compared with the money it earns and its net assets.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer