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Coca-Cola Consolidated (Coca-Cola Consolidated) Cyclically Adjusted Price-to-FCF : (As of May. 16, 2024)


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

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


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

The historical data trend for Coca-Cola Consolidated'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 Consolidated Cyclically Adjusted Price-to-FCF Chart

Coca-Cola Consolidated 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 66.57 39.32 59.63 39.30 49.82

Coca-Cola Consolidated 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 35.34 38.25 34.61 49.82 41.83

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

For the Beverages - Non-Alcoholic subindustry, Coca-Cola Consolidated'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 Consolidated'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 Consolidated's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



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

For example, Coca-Cola Consolidated'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)
=12.512/131.7762*131.7762
=12.512

Current CPI (Mar. 2024) = 131.7762.

Coca-Cola Consolidated Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.017 100.560 -0.022
201409 1.492 100.428 1.958
201412 2.033 99.070 2.704
201503 -3.503 99.621 -4.634
201506 0.907 100.684 1.187
201509 -0.832 100.392 -1.092
201512 -2.535 99.792 -3.347
201603 -5.593 100.470 -7.336
201606 3.590 101.688 4.652
201609 2.347 101.861 3.036
201612 -1.510 101.863 -1.953
201703 6.368 102.862 8.158
201706 2.606 103.349 3.323
201709 -1.269 104.136 -1.606
201712 4.669 104.011 5.915
201803 -13.147 105.290 -16.454
201806 10.130 106.317 12.556
201809 -6.277 106.507 -7.766
201812 12.586 105.998 15.647
201903 -3.031 107.251 -3.724
201906 5.809 108.070 7.083
201909 8.162 108.329 9.929
201912 1.191 108.420 1.448
202003 -0.086 108.902 -0.104
202006 16.747 108.767 20.290
202009 11.693 109.815 14.031
202012 2.854 109.897 3.422
202103 4.558 111.754 5.375
202106 15.834 114.631 18.202
202109 13.786 115.734 15.697
202112 3.929 117.630 4.402
202203 -0.386 121.301 -0.419
202206 7.665 125.017 8.079
202209 11.956 125.227 12.581
202212 4.804 125.222 5.055
202303 14.087 127.348 14.577
202306 16.910 128.729 17.310
202309 21.542 129.860 21.860
202312 3.852 129.419 3.922
202403 12.512 131.776 12.512

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 Consolidated  (GREY:COKEB) 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 Consolidated Cyclically Adjusted Price-to-FCF Related Terms

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


Coca-Cola Consolidated (Coca-Cola Consolidated) Business Description

Traded in Other Exchanges
Address
4100 Coca-Cola Plaza, Charlotte, NC, USA, 28211
Coca-Cola Consolidated Inc sells nonalcoholic beverage products in the United States. The company purchases concentrate and syrups from other beverage manufacturers under a license, then produces, packages, markets, and distributes the beverages to retailers. The company's primary licensor is Coca-Cola Co., which generally allows it to exclusively market, produce, and distribute Coca-Cola products in specified parts of the U.S.: North Carolina, South Carolina, West Virginia, and parts of Alabama, Georgia, Tennessee, Virginia, Indiana, and Kentucky. The company manages its business in two operating segments. Nonalcoholic Beverages segment which represents the majority of the company's revenues and All Other segments.