Compare StocksMDLZ vs MS

Mondelez International, Inc. (MDLZ) vs Morgan Stanley (MS): Which Is the Better Buy in 2026?

As of 2026-06-19, MDLZ is overvalued at $60, with a DCF intrinsic value of $35 and a margin of safety of -71%. MS is undervalued at $223, with an intrinsic value of $298 and a margin of safety of 25%. Of the two, MS has the wider margin of safety.

MDLZ
Mondelez International, Inc.
$60.12
VS
MS
Morgan Stanley
$223.17

Rewards

MDLZ
    MS
    • Gross margin of 87.4% indicates strong pricing power — typical of businesses with significant intellectual property or brand strength.
    • Morgan Stanley scores 80/100 on the Economic Moat Score (Wide Moat), with revenue predictability as the strongest competitive dimension.
    • Each dollar of retained earnings has created $3.56 of earning power — management is an exceptional capital allocator.

    Risks

    MDLZ
      MS
      • Trailing P/E of 20.2x is 26% above the historical average of 16.1x — the stock trades at a premium to its own history.
      • PEG ratio of 2.66 indicates the stock is expensive relative to its expected growth — the market may be pricing in more growth than analysts project.
      • Altman Z-Score of 0.29 places the company in the distress zone — financial patterns resemble those of companies that experienced bankruptcy.

      Key Valuation Metrics

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      MDLZ
      MS
      Valuation
      $2.85B
      Free Cash Flow
      N/A
      3.69%
      FCF Yield
      N/A
      29.76
      Trailing P/E
      20.21
      17.75
      Forward P/E
      17.56
      Quality & Moat
      6.09%
      ROIC
      3.38%
      10.16%
      ROE
      16.39%
      28.77%
      Gross Margin
      87.39%
      1.02
      PEG Ratio
      2.66
      Balance Sheet Safety
      0.78
      Net Debt / Equity
      Net cash
      N/A
      Interest Coverage
      N/A
      3.85
      Net Debt / EBITDA
      N/A
      3.22%
      Dividend Yield
      1.81%
      MDLZ: 3Ties: 2MS: 4
      MDLZMS

      Historical Fundamentals

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      MDLZ

      Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation. The dashed forward point is the forward P/E — today's price ÷ analyst consensus EPS.

      MS

      Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation. The dashed forward point is the forward P/E — today's price ÷ analyst consensus EPS.

      Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation. The dashed forward point is the forward P/E — today's price ÷ analyst consensus EPS.

      $1 Retained Earnings Test

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      MDLZ
      $-4.39
      created per $1 retained over 3 years
      Market Cap Declined
      Σ Retained
      $5.03B
      Δ Market Cap
      $-22.05B
      Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
      > $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
      MS
      $6.65
      created per $1 retained over 3 years
      Exceptional Value Creator
      Σ Retained
      $20.84B
      Δ Market Cap
      +$138.59B
      Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
      > $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer

      Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
      > $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer

      Discounted Cash Flow (DCF) Analysis

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      MDLZ
      71.1% Overvalued
      Price is 71.1% above estimated fair value
      Current Price: $60.12
      Fair Value: $35.15
      Strongly undervalued
      Undervalued
      Fairly valued
      Overvalued
      Strongly overvalued
      MS
      25.0% Margin of Safety
      Price is 25.0% below estimated fair value
      Current Price: $223.17
      Fair Value: $297.53
      Strongly undervalued
      Undervalued
      Fairly valued
      Overvalued
      Strongly overvalued

      Reverse DCF — Market-Implied Growth

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      MDLZ

      What growth rate is the market pricing in at $60?

      +16.6%
      Market-Implied Owner Earnings Growth
      Standard FCF implies +15.0%

      The market implies +16.6% Owner Earnings growth, above historical trends.

      Standard FCF implies a demanding +15.0%, reflecting heavy growth investment.

      MS

      Requires positive FCF to compute implied growth rate.

      Economic Moat Score

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      MDLZ
      48/100
      Narrow Moat
      70+ Wide · 40-69 Narrow · <40 None

      Narrow moat with reinvestment efficiency as the key competitive advantage. Improving roic consistency would strengthen the moat.

      Composite score measuring competitive advantage durability across four dimensions: returns above cost of capital, pricing power stability, revenue predictability, and capital efficiency. Based on 4 years of fundamental data.
      MS
      80/100
      Wide Moat
      70+ Wide · 40-69 Narrow · <40 None

      Wide moat driven primarily by revenue predictability. Margin Stability is the area most vulnerable to competitive pressure.

      Composite score measuring competitive advantage durability across four dimensions: returns above cost of capital, pricing power stability, revenue predictability, and capital efficiency. Based on 4 years of fundamental data.

      Forensic Accounting

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      MDLZ
      -2.43
      Unlikely Manipulator
      Above -1.78 = likely manipulator · -2.22 to -1.78 = grey zone

      M-Score Trend

      Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.
      MS
      -2.09
      Possible Manipulator
      Above -1.78 = likely manipulator · -2.22 to -1.78 = grey zone

      M-Score Trend

      Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.

      Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.

      Ownership Breakdown

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      MDLZ
      Insiders 0.2%Institutions 90.1%Retail & Other 9.6%
      No. of Institutional Holders2,492
      High insider ownership aligns management incentives with shareholders — a key signal in Buffett-style analysis. Institutional concentration can indicate smart-money conviction but also crowding risk.
      MS
      Insiders 24.3%Institutions 62.8%Retail & Other 12.9%
      No. of Institutional Holders3,208
      High insider ownership aligns management incentives with shareholders — a key signal in Buffett-style analysis. Institutional concentration can indicate smart-money conviction but also crowding risk.

      High insider ownership aligns management incentives with shareholders. Institutional concentration can indicate smart-money conviction but also crowding risk.

      Insider Buying Activity

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      MDLZ
      0
      Buys (3M)
      0
      Buys (12M)
      No open market insider purchases found.
      Open market purchases · includes direct & indirect ownership · excludes option exercises
      MS
      0
      Buys (3M)
      1
      Buys (12M)
      Total value (12M): $5,630
      PETERSON DOUGLAS L
      Director
      $5,630
      @ $156.39 · 2025-10-17
      Open market purchases · includes direct & indirect ownership · excludes option exercises

      Open market purchases · includes direct & indirect ownership · excludes option exercises.

      Insider Selling Activity

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      MDLZ
      0
      Sells (3M)
      1
      Sells (12M)
      Total value (12M): $186,000
      VALLE GUSTAVO CARLOS
      Officer
      $186,000
      @ $62.00 · 2026-02-13
      Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives
      MS
      4
      Sells (3M)
      16
      Sells (12M)
      Total value (12M): $70.42M
      GROSSMAN ERIC F
      Officer
      $2.12M
      @ $190.75 · 2026-04-20
      SIMKOWITZ DANIEL A
      President
      $2.78M
      @ $189.24 · 2026-04-17
      CRAWLEY MANDELL L.
      Officer
      $3.04M
      @ $188.22 · 2026-04-16
      SAPERSTEIN ANDREW MICHAEL
      President
      $9.74M
      @ $188.59 · 2026-04-16
      SIMKOWITZ DANIEL A
      President
      $6.02M
      @ $182.61 · 2026-01-30
      CRAWLEY MANDELL L.
      Officer
      $1.44M
      @ $183.45 · 2026-01-20
      YESHAYA SHARON
      Chief Financial Officer
      $2.94M
      @ $185.77 · 2026-01-20
      SMITH CHARLES AUBREY III
      Officer
      $1.55M
      @ $182.08 · 2026-01-20
      SAPERSTEIN ANDREW MICHAEL
      President
      $5.57M
      @ $183.62 · 2026-01-20
      GROSSMAN ERIC F
      Officer
      $3.97M
      @ $184.00 · 2026-01-20
      PIZZI MICHAEL A
      Officer
      $3.69M
      @ $184.55 · 2026-01-20
      PICK EDWARD N.
      Chief Executive Officer
      $16.43M
      @ $164.34 · 2025-10-31
      SMITH CHARLES AUBREY III
      Officer
      $2.81M
      @ $140.30 · 2025-07-17
      SIMKOWITZ DANIEL A
      President
      $4.09M
      @ $141.13 · 2025-07-17
      GROSSMAN ERIC F
      Officer
      $1.69M
      @ $141.12 · 2025-07-17
      PIZZI MICHAEL A
      Officer
      $2.53M
      @ $140.62 · 2025-07-17
      SIMKOWITZ DANIEL A
      President
      $3.70M
      @ $127.37 · 2025-05-12
      HERZ ROBERT H
      Director
      $95,459
      @ $119.32 · 2025-05-02
      SAPERSTEIN ANDREW MICHAEL
      President
      $4.80M
      @ $120.00 · 2025-05-02
      GROSSMAN ERIC F
      Officer
      $1.12M
      @ $111.65 · 2025-04-15
      CRAWLEY MANDELL L.
      Officer
      $1.15M
      @ $138.06 · 2025-01-22
      SAPERSTEIN ANDREW MICHAEL
      President
      $4.20M
      @ $136.43 · 2025-01-21
      SIMKOWITZ DANIEL A
      President
      $5.00M
      @ $136.61 · 2025-01-21
      AKRAM RAJA
      Chief Financial Officer
      $2.38M
      @ $136.01 · 2025-01-21
      GROSSMAN ERIC F
      Officer
      $1.78M
      @ $136.20 · 2025-01-21
      PIZZI MICHAEL A
      Officer
      $2.52M
      @ $136.92 · 2025-01-21
      CRAWLEY MANDELL L.
      Officer
      $368,375
      @ $105.25 · 2024-07-26
      AKRAM RAJA
      Officer
      $797,764
      @ $106.37 · 2024-07-18
      HERZ ROBERT H
      Director
      $106,621
      @ $106.62 · 2024-07-17
      SIMKOWITZ DANIEL A
      President
      $4.26M
      @ $106.54 · 2024-07-17
      Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives

      Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives.

      🎭 Mr. Market's Mood

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      MDLZ
      FearGreed
      😐Neutral(47/100)

      "Market is pricing this stock without strong emotion in either direction"

      Composite sentiment score based on 6 market signals. Inspired by Buffett's "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.
      MS
      FearGreed
      😏Greed(70/100)

      "Market is optimistic — be cautious and ensure you have a margin of safety"

      Composite sentiment score based on 6 market signals. Inspired by Buffett's "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.

      Composite sentiment score based on market signals. Inspired by Buffett’s "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.

      ⚖️ Buffett Signal

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      MDLZ
      Awaiting DCF Data

      The Buffett Signal cross-references market sentiment with DCF valuation. Configure the DCF Analysis above to generate a signal.

      DCF Margin of Safety: N/AMr. Market's Mood: Neutral (47)
      MS
      Awaiting DCF Data

      The Buffett Signal cross-references market sentiment with DCF valuation. Configure the DCF Analysis above to generate a signal.

      DCF Margin of Safety: N/AMr. Market's Mood: Greed (70)
      View MDLZ Full AnalysisView MS Full Analysis

      Frequently Asked Questions: MDLZ vs MS

      Is Mondelez International, Inc. or Morgan Stanley more undervalued in 2026?

      Based on our discounted cash flow model, MS trades at a 25.0% margin of safety (intrinsic value $298 vs. price $223), compared to MDLZ's -71.1% margin of safety (intrinsic $35 vs. $60).

      Which stock has a wider economic moat, Mondelez International, Inc. or Morgan Stanley?

      MS scores 80/100 (Wide moat), while MDLZ scores 48/100 (Narrow moat). The moat score measures competitive advantage durability across ROIC consistency, margin stability, revenue predictability, and reinvestment efficiency.

      Is Morgan Stanley in financial distress?

      MS's Altman Z-Score of 0.3 places it in the Distress zone, signaling elevated bankruptcy risk. MDLZ scores 2.2 (Grey zone). The Altman Z-Score is a five-factor model that predicts insolvency within two years; scores below 1.81 indicate significant distress.

      Which stock has higher return on invested capital, Mondelez International, Inc. or Morgan Stanley?

      MDLZ earns 6.1% ROIC versus MS's 3.4%. A higher ROIC means the company generates more profit per dollar of capital employed, a hallmark of durable competitive advantage in Buffett-style analysis.

      Which dividend is safer, Mondelez International, Inc.'s or Morgan Stanley's?

      MS's dividend earns a safety score of 79/100 (Safe), compared to MDLZ's 39/100 (Unsafe). MS has raised its dividend for 3 consecutive years.