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Mondelez International (BSP:MDLZ34) Cyclically Adjusted Price-to-FCF : 31.62 (As of May. 26, 2024)


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What is Mondelez International Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Mondelez International's current share price is R$178.02. Mondelez International's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$5.63. Mondelez International's Cyclically Adjusted Price-to-FCF for today is 31.62.

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

BSP:MDLZ34' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 16.03   Med: 26.63   Max: 37.14
Current: 30.31

During the past years, Mondelez International's highest Cyclically Adjusted Price-to-FCF was 37.14. The lowest was 16.03. And the median was 26.63.

BSP:MDLZ34's Cyclically Adjusted Price-to-FCF is ranked worse than
59.17% of 703 companies
in the Consumer Packaged Goods industry
Industry Median: 23.56 vs BSP:MDLZ34: 30.31

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.

Mondelez International's adjusted free cash flow per share data for the three months ended in Mar. 2024 was R$1.884. 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$5.63 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mondelez International Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Mondelez International'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.

Mondelez International Cyclically Adjusted Price-to-FCF Chart

Mondelez International 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 33.30 33.35 34.59 31.84 34.98

Mondelez International 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 31.14 32.11 29.74 34.98 31.07

Competitive Comparison of Mondelez International's Cyclically Adjusted Price-to-FCF

For the Confectioners subindustry, Mondelez International'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.


Mondelez International's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

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

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



Mondelez International 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=178.02/5.63
=31.62

* 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.

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

For example, Mondelez International'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)
=1.884/131.7762*131.7762
=1.884

Current CPI (Mar. 2024) = 131.7762.

Mondelez International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.357 100.560 0.468
201409 0.258 100.428 0.339
201412 1.479 99.070 1.967
201503 -0.682 99.621 -0.902
201506 0.477 100.684 0.624
201509 0.543 100.392 0.713
201512 2.386 99.792 3.151
201603 -0.919 100.470 -1.205
201606 0.567 101.688 0.735
201609 0.512 101.861 0.662
201612 1.494 101.863 1.933
201703 -0.871 102.862 -1.116
201706 0.682 103.349 0.870
201709 0.310 104.136 0.392
201712 1.637 104.011 2.074
201803 0.134 105.290 0.168
201806 0.668 106.317 0.828
201809 0.590 106.507 0.730
201812 2.347 105.998 2.918
201903 0.263 107.251 0.323
201906 0.504 108.070 0.615
201909 0.869 108.329 1.057
201912 2.601 108.420 3.161
202003 0.118 108.902 0.143
202006 1.880 108.767 2.278
202009 1.071 109.815 1.285
202012 2.533 109.897 3.037
202103 1.385 111.754 1.633
202106 1.213 114.631 1.394
202109 1.310 115.734 1.492
202112 2.200 117.630 2.465
202203 1.716 121.301 1.864
202206 1.123 125.017 1.184
202209 0.595 125.227 0.626
202212 2.115 125.222 2.226
202303 1.707 127.348 1.766
202306 1.023 128.729 1.047
202309 1.608 129.860 1.632
202312 2.213 129.419 2.253
202403 1.884 131.776 1.884

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.


Mondelez International  (BSP:MDLZ34) 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.


Mondelez International Cyclically Adjusted Price-to-FCF Related Terms

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Mondelez International (BSP:MDLZ34) Business Description

Address
905 West Fulton Market, Suite 200, Chicago, IL, USA, 60607
Mondelez has operated as an independent organization since its split from the former Kraft Foods North American grocery business in October 2012. The firm is a leading player in the global snack arena with a presence in the biscuit (50% of sales), chocolate (30%), gum/candy (11%), beverage (3%), and cheese and grocery (6%) aisles, as of the end of fiscal 2022. Mondelez's portfolio includes well-known brands like Oreo, Chips Ahoy, Halls, and Cadbury, among others. The firm derives just shy of 40% of revenue from developing markets, about one third from Europe, and the remainder from North America.

Mondelez International (BSP:MDLZ34) Headlines

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