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Kraft Foods Group (LTS:0R3B) Cyclically Adjusted Price-to-FCF : (As of May. 19, 2024)


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What is Kraft Foods Group 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


Kraft Foods Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Kraft Foods Group'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.

Kraft Foods Group Cyclically Adjusted Price-to-FCF Chart

Kraft Foods Group 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

Kraft Foods Group 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 Kraft Foods Group's Cyclically Adjusted Price-to-FCF

For the Packaged Foods subindustry, Kraft Foods Group'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.


Kraft Foods Group's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

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

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



Kraft Foods Group 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.

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

For example, Kraft Foods Group'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)
=0.718/131.7762*131.7762
=0.718

Current CPI (Mar. 2024) = 131.7762.

Kraft Foods Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.417 100.560 0.546
201409 0.157 100.428 0.206
201412 1.534 99.070 2.040
201503 0.322 99.621 0.426
201506 0.959 100.684 1.255
201509 -0.695 100.392 -0.912
201512 0.411 99.792 0.543
201603 -0.763 100.470 -1.001
201606 1.386 101.688 1.796
201609 -0.338 101.861 -0.437
201612 2.109 101.863 2.728
201703 -1.668 102.862 -2.137
201706 0.189 103.349 0.241
201709 -0.117 104.136 -0.148
201712 0.413 104.011 0.523
201803 0.297 105.290 0.372
201806 -0.683 106.317 -0.847
201809 0.830 106.507 1.027
201812 2.460 105.998 3.058
201903 0.093 107.251 0.114
201906 1.376 108.070 1.678
201909 0.893 108.329 1.086
201912 2.289 108.420 2.782
202003 0.132 108.902 0.160
202006 3.025 108.767 3.665
202009 1.505 109.815 1.806
202012 2.113 109.897 2.534
202103 0.918 111.754 1.082
202106 1.561 114.631 1.794
202109 0.305 115.734 0.347
202112 4.160 117.630 4.660
202203 0.428 121.301 0.465
202206 0.133 125.017 0.140
202209 0.877 125.227 0.923
202212 1.054 125.222 1.109
202303 0.345 127.348 0.357
202306 1.306 128.729 1.337
202309 1.166 129.860 1.183
202312 1.644 129.419 1.674
202403 0.718 131.776 0.718

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.


Kraft Foods Group  (LTS:0R3B) 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.


Kraft Foods Group Cyclically Adjusted Price-to-FCF Related Terms

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Kraft Foods Group (LTS:0R3B) 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.

Kraft Foods Group (LTS:0R3B) Headlines

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