Stock fact sheet · data as of
The Magnum Ice Cream Company N.V. (MICC): fair value, margin of safety and Wheel Score
Consumer Defensive · Packaged Foods · Netherlands · Blend
Is MICC undervalued?
MICC closed at 18.44 on 16 Oct 2026, 15% below the GLS average fair value of 21.79 from 8 models (1 of them above the price). That is a moderate margin of safety: the stock passes the "below fair value" rule of the Sunday Scan, and the Wheel Score gives it 19 of the 25 Value points.
The 8 models disagree widely: GLS Growth gives 0.9633 while DCF gives 134.78. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.
The nightly engine files MICC under Blend.
Nine valuation models for MICC
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 134.78 | +631% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 3.43 | -81% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 8.52 | -54% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 2.96 | -84% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 0.9633 | -95% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 14.97 | -19% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 5.07 | -72% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | 3.66 | -80% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -6.04 | -133% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 16.00 | -13% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Financial health is average - MICC passes 6 of the nine Piotroski tests, which passes the Sunday Scan's "6 or more" rule. The Financials tab on the Quote page shows which tests fail. The GLS Moat score is low at 4.3 out of 10, which says the ten-year record of revenue, earnings, margins and returns on capital has been inconsistent - growth and shocks rather than steady compounding.
Returns on capital are moderate - ROIC 7.5%, ROE 46.9%, ROA 3.9% - with debt at 5.21 times equity and a free-cash-flow yield of 1.6%. Debt of 5.21 times equity is on the high side for the sector and is worth checking against the cash flow before treating the stock as a long-term hold.
The Magnum Ice Cream Company N.V. pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain.
Institutional ownership scores 5/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 6 / 9 | ROIC | 7.5% |
|---|---|---|---|
| GLS Moat | 4.3 / 10 | ROE | 46.9% |
| Debt / equity | 5.21 | ROA | 3.9% |
| Free-cash-flow yield | 1.6% | Payout ratio | 40% |
| Institutions | 5 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 76: Good
MICC scores 76 out of 100 on the Wheel Score (Good band, 65-79). The score blends the margin of safety (Value, 19/25), Piotroski health (13/20), the GLS moat (6/15), the option premium on offer (20/20) and how easily the stock trades (17/20). Moat (6/15) is the part holding the score back.
Implied volatility is 47% on the near-the-money contracts 20-60 days out - inside the 35-60% range the Wheel Score pays full marks for: enough premium to be worth selling, not so much that the risk is unpaid. Chain open interest is thin - 1,229 contracts across every expiry - so fills at a fair price are not guaranteed; a 30-45-day put may not exist at a usable strike.
Volume runs at 606k shares a day on a market cap of $11.3B, with a beta of 0.42 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score gives that 17 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 19 / 25 | 15% margin of safety | |
| Health | 13 / 20 | Piotroski 6/9 | |
| Moat | 6 / 15 | moat 4.3/10 | |
| Premium | 20 / 20 | implied volatility 47% | |
| Stability | 17 / 20 | 606k shares/day, $11.3B cap, beta 0.42 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
No upcoming earnings date is recorded for MICC in the nightly calendar.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Packaged Foods
The 12 companies below are the closest to The Magnum Ice Cream Company N.V. by market cap within the Packaged Foods industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| HRL Hormel Foods Corporation | 20.19 | 16.39 | -23% | 54Fair | $11.1B |
| MKC McCormick & Company, Incorporated | 45.71 | 73.06 | +37% | 81Prime | $12.3B |
| SJM The J. M. Smucker Company | 121.84 | 80.04 | -52% | 56Fair | $13.0B |
| DAR Darling Ingredients Inc. | 60.87 | 63.96 | +5% | 81Prime | $9.6B |
| LW Lamb Weston Holdings, Inc. | 54.21 | 39.77 | -36% | 63Fair | $7.5B |
| GIS General Mills, Inc. | 32.88 | 60.70 | +46% | 45Weak | $17.6B |
| SFD Smithfield Foods, Inc. | 18.30 | 34.73 | +47% | 78Good | $7.2B |
| PPC Pilgrim's Pride Corporation | 29.01 | 65.35 | +56% | 82Prime | $6.9B |
| CAG Conagra Brands, Inc. | 14.18 | 26.09 | +46% | 45Weak | $6.8B |
| INGR Ingredion Incorporated | 97.27 | 228.28 | +57% | 82Prime | $6.1B |
| CPB Campbell Soup Company | 19.84 | 26.87 | +26% | 77Good | $5.9B |
| KHC The Kraft Heinz Company | 23.28 | 35.95 | +35% | 45Weak | $27.6B |
⚖ Compare MICC with 7 of them All Consumer Defensive stocks →
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A free GLS Equity account gets you nightly fair value and the Wheel Score on ~7,400 US stocks, a watchlist, the scanner preview and the Sunday Scan - the same eight-rule screen, emailed every week. Pro adds the full put and call scanners, unlimited watchlists with alerts and the trade journal.
Start free See the Sunday ScanQuestions about MICC
Is MICC undervalued right now?
By the GLS models, moderately: at 18.44 the stock trades 15% below the average fair value of 21.79 (data as of 16 Oct 2026).
What is the Wheel Score of MICC and what does it mean?
MICC scores 76 out of 100 (Good). The Wheel Score blends the margin of safety (25 points), Piotroski health (20), the GLS moat (15), the option premium on offer (20) and trading stability (20) into one number that ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned. 80 and above is Prime, 65-79 Good, 50-64 Fair, under 50 Weak.
What is the GLS fair value for MICC?
21.79 per share as of 16 Oct 2026 - the simple average of the 8 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does The Magnum Ice Cream Company N.V. report earnings next?
No upcoming earnings date is recorded for MICC in our calendar as of 16 Oct 2026; the Calendars page is refreshed every morning.
Does MICC have listed options, and how liquid are they?
Yes. The nightly snapshot found 118 listed contracts with 1,229 open interest across all expiries and implied volatility of 47% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.