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PepsiCo (LTS:0QOS) Cyclically Adjusted Price-to-FCF : 30.92 (As of May. 16, 2024)


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What is PepsiCo Cyclically Adjusted Price-to-FCF?

As of today (2024-05-16), PepsiCo's current share price is $177.77. PepsiCo's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $5.75. PepsiCo's Cyclically Adjusted Price-to-FCF for today is 30.92.

The historical rank and industry rank for PepsiCo's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

LTS:0QOS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 21.52   Med: 27.18   Max: 34.65
Current: 31.22

During the past years, PepsiCo's highest Cyclically Adjusted Price-to-FCF was 34.65. The lowest was 21.52. And the median was 27.18.

LTS:0QOS's Cyclically Adjusted Price-to-FCF is ranked worse than
72.55% of 51 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 20.06 vs LTS:0QOS: 31.22

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

PepsiCo's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-1.199. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $5.75 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PepsiCo Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for PepsiCo's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PepsiCo Cyclically Adjusted Price-to-FCF Chart

PepsiCo Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.31 29.82 32.18 31.84 29.00

PepsiCo Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.18 32.55 29.13 29.00 30.45

Competitive Comparison of PepsiCo's Cyclically Adjusted Price-to-FCF

For the Beverages - Non-Alcoholic subindustry, PepsiCo's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PepsiCo's Cyclically Adjusted Price-to-FCF Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, PepsiCo's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where PepsiCo's Cyclically Adjusted Price-to-FCF falls into.



PepsiCo Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

PepsiCo's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=177.77/5.75
=30.92

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

PepsiCo's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, PepsiCo's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-1.199/131.7762*131.7762
=-1.199

Current CPI (Mar. 2024) = 131.7762.

PepsiCo Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.257 100.560 1.647
201409 2.231 100.428 2.927
201412 1.649 99.070 2.193
201503 0.000 99.621 0.000
201506 1.294 100.684 1.694
201509 2.281 100.392 2.994
201512 1.908 99.792 2.520
201603 -0.058 100.470 -0.076
201606 1.560 101.688 2.022
201609 2.114 101.861 2.735
201612 1.642 101.863 2.124
201703 -0.354 102.862 -0.454
201706 1.307 103.349 1.667
201709 2.253 104.136 2.851
201712 1.709 104.011 2.165
201803 -1.162 105.290 -1.454
201806 1.264 106.317 1.567
201809 2.115 106.507 2.617
201812 2.099 105.998 2.609
201903 -0.557 107.251 -0.684
201906 0.715 108.070 0.872
201909 2.052 108.329 2.496
201912 1.651 108.420 2.007
202003 -0.883 108.902 -1.068
202006 1.082 108.767 1.311
202009 2.716 109.815 3.259
202012 1.673 109.897 2.006
202103 -0.858 111.754 -1.012
202106 1.603 114.631 1.843
202109 2.392 115.734 2.724
202112 1.892 117.630 2.120
202203 -0.500 121.301 -0.543
202206 0.776 125.017 0.818
202209 2.428 125.227 2.555
202212 1.343 125.222 1.413
202303 -0.703 127.348 -0.727
202306 1.069 128.729 1.094
202309 3.317 129.860 3.366
202312 2.051 129.419 2.088
202403 -1.199 131.776 -1.199

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


PepsiCo  (LTS:0QOS) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


PepsiCo Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of PepsiCo's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


PepsiCo (LTS:0QOS) Business Description

Address
700 Anderson Hill Road, Purchase, NY, USA, 10577
PepsiCo is a global leader in snacks and beverages, owning well-known household brands including Pepsi, Mountain Dew, Gatorade, Lay's, Cheetos, and Doritos, among others. The company dominates the global savory snacks market and also ranks as the second-largest beverage provider in the world (behind Coca-Cola) with diversified exposure to carbonated soft drinks, or CSD, as well as water, sports, and energy offerings. Convenience foods account for approximately 55% of its total revenue, with beverages making up the rest. Pepsi owns the bulk of its manufacturing and distribution capacity in the United States and overseas. International markets make up 40% of total sales and one third of operating profits.

PepsiCo (LTS:0QOS) Headlines

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