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The Kraft Heinz Co (BSP:KHCB34) Cyclically Adjusted Price-to-FCF : 16.41 (As of May. 19, 2024)


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What is The Kraft Heinz Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-19), The Kraft Heinz Co's current share price is R$45.95. The Kraft Heinz Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$2.80. The Kraft Heinz Co's Cyclically Adjusted Price-to-FCF for today is 16.41.

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

BSP:KHCB34' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.97   Med: 15.79   Max: 19.36
Current: 16.14

During the past years, The Kraft Heinz Co's highest Cyclically Adjusted Price-to-FCF was 19.36. The lowest was 12.97. And the median was 15.79.

BSP:KHCB34's Cyclically Adjusted Price-to-FCF is ranked better than
65.22% of 716 companies
in the Consumer Packaged Goods industry
Industry Median: 23.785 vs BSP:KHCB34: 16.14

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.

The Kraft Heinz Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was R$0.486. 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 R$2.80 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Kraft Heinz Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for The Kraft Heinz Co'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.

The Kraft Heinz Co Cyclically Adjusted Price-to-FCF Chart

The Kraft Heinz Co 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 - 14.42 14.50 18.49 16.89

The Kraft Heinz Co 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 17.38 15.69 14.82 16.89 16.55

Competitive Comparison of The Kraft Heinz Co's Cyclically Adjusted Price-to-FCF

For the Packaged Foods subindustry, The Kraft Heinz Co'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.


The Kraft Heinz Co's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Kraft Heinz Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



The Kraft Heinz Co 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.

The Kraft Heinz Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=45.95/2.8
=16.41

* 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.

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

For example, The Kraft Heinz Co'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)
=0.486/131.7762*131.7762
=0.486

Current CPI (Mar. 2024) = 131.7762.

The Kraft Heinz Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.260 100.560 0.341
201409 0.098 100.428 0.129
201412 1.039 99.070 1.382
201503 0.258 99.621 0.341
201506 0.791 100.684 1.035
201509 -0.361 100.392 -0.474
201512 0.195 99.792 0.257
201603 -0.346 100.470 -0.454
201606 0.589 101.688 0.763
201609 -0.136 101.861 -0.176
201612 0.835 101.863 1.080
201703 -0.625 102.862 -0.801
201706 0.078 103.349 0.099
201709 -0.046 104.136 -0.058
201712 0.166 104.011 0.210
201803 0.123 105.290 0.154
201806 -0.315 106.317 -0.390
201809 0.424 106.507 0.525
201812 1.166 105.998 1.450
201903 0.043 107.251 0.053
201906 0.648 108.070 0.790
201909 0.448 108.329 0.545
201912 1.150 108.420 1.398
202003 0.081 108.902 0.098
202006 1.991 108.767 2.412
202009 1.067 109.815 1.280
202012 1.449 109.897 1.737
202103 0.667 111.754 0.786
202106 1.042 114.631 1.198
202109 0.208 115.734 0.237
202112 3.079 117.630 3.449
202203 0.274 121.301 0.298
202206 0.083 125.017 0.087
202209 0.565 125.227 0.595
202212 0.709 125.222 0.746
202303 0.232 127.348 0.240
202306 0.841 128.729 0.861
202309 0.765 129.860 0.776
202312 1.113 129.419 1.133
202403 0.486 131.776 0.486

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.


The Kraft Heinz Co  (BSP:KHCB34) 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.


The Kraft Heinz Co Cyclically Adjusted Price-to-FCF Related Terms

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The Kraft Heinz Co (BSP:KHCB34) Business Description

Address
One PPG Place, Pittsburgh, PA, USA, 15222
In July 2015, Kraft merged with Heinz to create the third-largest food and beverage manufacturer in North America behind PepsiCo and Nestle and the fifth-largest player in the world. Beyond its namesake brands, the combined firm's portfolio includes Oscar Mayer, Velveeta, and Philadelphia. While the retail channel drives around 85% of its total sales, the firm operates a growing presence in the foodservice arena. Outside North America, Kraft Heinz's global reach counts a distribution network in Europe and emerging markets that drives 20%-25% of its consolidated sales base, as its products are sold in more than 190 countries and territories.

The Kraft Heinz Co (BSP:KHCB34) Headlines

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