Ingredion Incorporated
$7.14B- Market cap
- $6.39B
- Debt
- +$1.79B
- Cash
- −$1.04B
Capital structure 78% equity / 22% debt · EV / Revenue 0.99x · EV / EBITDA 5.82x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
Decision snapshot: INGR stock price vs HRMY: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at HRMY's multiple
Needs HRMY P/E.
Implied fair value · at INGR's multiple
Needs INGR P/E.
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
Pricing power
Operating leverage
Multiple discount
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: INGR FY 2025 (ended Dec 31, 2025) · HRMY FY 2025 (ended Dec 31, 2025).
Trendline
Five fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 78% equity / 22% debt · EV / Revenue 0.99x · EV / EBITDA 5.82x
Capital structure 94% equity / 6% debt · EV / Revenue 2.13x · EV / EBITDA 7.27x
INGR carries the larger enterprise value at $7.14B against $1.85B; INGR trades on the lower EV / Revenue multiple (0.99x vs 2.13x); INGR on the lower EV / EBITDA (5.82x vs 7.27x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
INGREDION INCORPORATED · implied price per share
Bear
$72.68
Base
$85.13
Bull
$104.12
HARMONY BIOSCIENCES HOLDINGS, INC. · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
0.42x
0.19x
Net debt / EBITDA
Leverage against operating earnings
0.62x
-2.41x
Cash and equivalents
Liquid reserves on the balance sheet
$1.04B
$775.34M
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
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