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Coca-Cola Co (BUE:KO) Cyclically Adjusted Price-to-FCF : 31.74 (As of Jun. 01, 2024)


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What is Coca-Cola Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-01), Coca-Cola Co's current share price is ARS15311.00. Coca-Cola Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ARS482.32. Coca-Cola Co's Cyclically Adjusted Price-to-FCF for today is 31.74.

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

BUE:KO' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 21.89   Med: 27.82   Max: 34.36
Current: 28.27

During the past years, Coca-Cola Co's highest Cyclically Adjusted Price-to-FCF was 34.36. The lowest was 21.89. And the median was 27.82.

BUE:KO's Cyclically Adjusted Price-to-FCF is ranked worse than
66.67% of 51 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 21.75 vs BUE:KO: 28.27

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.

Coca-Cola Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ARS153.997. 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 ARS482.32 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Coca-Cola Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Coca-Cola 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.

Coca-Cola Co Cyclically Adjusted Price-to-FCF Chart

Coca-Cola 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 31.56 30.60 29.48 29.77 26.78

Coca-Cola 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 28.57 27.30 25.20 26.78 27.49

Competitive Comparison of Coca-Cola Co's Cyclically Adjusted Price-to-FCF

For the Beverages - Non-Alcoholic subindustry, Coca-Cola 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.


Coca-Cola Co's Cyclically Adjusted Price-to-FCF Distribution in the Beverages - Non-Alcoholic Industry

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

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



Coca-Cola 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.

Coca-Cola Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=15311.00/482.32
=31.74

* 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.

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

For example, Coca-Cola 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)
=153.997/131.7762*131.7762
=153.997

Current CPI (Mar. 2024) = 131.7762.

Coca-Cola Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 25.749 100.560 33.742
201409 27.662 100.428 36.297
201412 17.803 99.070 23.680
201503 10.551 99.621 13.957
201506 30.364 100.684 39.741
201509 29.026 100.392 38.100
201512 18.501 99.792 24.431
201603 1.133 100.470 1.486
201606 42.591 101.688 55.193
201609 41.479 101.861 53.661
201612 24.950 101.863 32.277
201703 5.727 102.862 7.337
201706 41.687 103.349 53.153
201709 43.768 104.136 55.385
201712 13.785 104.011 17.465
201803 9.008 105.290 11.274
201806 46.857 106.317 58.078
201809 113.310 106.507 140.194
201812 62.929 105.998 78.233
201903 18.156 107.251 22.308
201906 173.008 108.070 210.960
201909 183.206 108.329 222.859
201912 128.037 108.420 155.619
202003 16.432 108.902 19.884
202006 160.285 108.767 194.192
202009 275.844 109.815 331.009
202012 301.345 109.897 361.340
202103 147.706 111.754 174.169
202106 399.076 114.631 458.764
202109 385.808 115.734 439.285
202112 319.875 117.630 358.345
202203 50.026 121.301 54.346
202206 504.899 125.017 532.198
202209 516.826 125.227 543.857
202212 432.633 125.222 455.278
202303 -26.370 127.348 -27.287
202306 1,141.672 128.729 1,168.700
202309 1,578.364 129.860 1,601.660
202312 758.267 129.419 772.075
202403 153.997 131.776 153.997

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.


Coca-Cola Co  (BUE:KO) 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.


Coca-Cola Co Cyclically Adjusted Price-to-FCF Related Terms

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


Coca-Cola Co (BUE:KO) Business Description

Address
One Coca-Cola Plaza, Atlanta, GA, USA, 30313
Founded in 1886, Atlanta-headquartered Coca-Cola is the world's largest nonalcoholic beverage company, with a strong portfolio of 200 brands covering key categories including carbonated soft drinks, water, sports, energy, juice, and coffee. Together with bottlers and distribution partners, the company sells finished beverage products bearing Coca-Cola and licensed brands through retailers and food-service locations in more than 200 countries and regions globally. Coca-Cola generates around two thirds of its total revenues overseas, with a significant portion from emerging economies in Latin America and Asia-Pacific.