GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Coca-Cola Consolidated Inc (NAS:COKE) » Definitions » Cyclically Adjusted Price-to-FCF

Coca-Cola Consolidated (Coca-Cola Consolidated) Cyclically Adjusted Price-to-FCF : 44.15 (As of Apr. 28, 2024)


View and export this data going back to 1990. Start your Free Trial

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

As of today (2024-04-28), Coca-Cola Consolidated's current share price is $822.44. Coca-Cola Consolidated's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $18.63. Coca-Cola Consolidated's Cyclically Adjusted Price-to-FCF for today is 44.15.

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

COKE' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.48   Med: 44.64   Max: 122.41
Current: 44.14

During the past years, Coca-Cola Consolidated's highest Cyclically Adjusted Price-to-FCF was 122.41. The lowest was 10.48. And the median was 44.64.

COKE's Cyclically Adjusted Price-to-FCF is ranked worse than
74.51% of 51 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 21.17 vs COKE: 44.14

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.

Coca-Cola Consolidated's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $3.851. 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 $18.63 for the trailing ten years ended in Dec. 2023.

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
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 39.30 35.34 38.25 34.61 49.82

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 Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=822.44/18.63
=44.15

* 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 Consolidated's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Coca-Cola Consolidated's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=3.851/129.4194*129.4194
=3.851

Current CPI (Dec. 2023) = 129.4194.

Coca-Cola Consolidated Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -2.702 99.695 -3.508
201406 -0.017 100.560 -0.022
201409 1.492 100.428 1.923
201412 2.033 99.070 2.656
201503 -3.503 99.621 -4.551
201506 0.907 100.684 1.166
201509 -0.832 100.392 -1.073
201512 -2.535 99.792 -3.288
201603 -5.593 100.470 -7.205
201606 3.590 101.688 4.569
201609 2.347 101.861 2.982
201612 -1.510 101.863 -1.918
201703 6.368 102.862 8.012
201706 2.606 103.349 3.263
201709 -1.269 104.136 -1.577
201712 4.686 104.011 5.831
201803 -13.147 105.290 -16.160
201806 10.130 106.317 12.331
201809 -6.277 106.507 -7.627
201812 12.586 105.998 15.367
201903 -3.031 107.251 -3.658
201906 5.809 108.070 6.957
201909 8.162 108.329 9.751
201912 1.182 108.420 1.411
202003 -0.085 108.902 -0.101
202006 16.623 108.767 19.779
202009 11.619 109.815 13.693
202012 2.840 109.897 3.345
202103 4.539 111.754 5.256
202106 15.772 114.631 17.807
202109 13.729 115.734 15.352
202112 3.928 117.630 4.322
202203 -0.385 121.301 -0.411
202206 7.642 125.017 7.911
202209 11.910 125.227 12.309
202212 4.794 125.222 4.955
202303 14.049 127.348 14.278
202306 16.864 128.729 16.954
202309 21.484 129.860 21.411
202312 3.851 129.419 3.851

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  (NAS:COKE) 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.
Executives
Coventry Elaine Moyese Bowers director 4100 COCA-COLA PLAZA, CHARLOTTE NC 28211
Nathaniel Brent Tollison officer: See Remarks 4100 COCA-COLA PLAZA, CHARLOTTE NC 28211
Christine Ann Motherwell officer: SVP, Human Resources 4100 COCA-COLA PLAZA, CHARLOTTE NC 28211
Matthew Joseph Blickley officer: SVP, Financial Planning & CAO 4100 COCA-COLA PLAZA, CHARLOTTE NC 28211
Donell W Etheridge officer: See Remarks 4100 COCA-COLA PLAZA, CHARLOTTE NC 28211
Jeffrey L Turney officer: See Remarks 4100 COCA-COLA PLAZA, CHARLOTTE NC 28211
Murrey John W Iii director 4100 COCA-COLA PLAZA, CHARLOTTE NC 28211
Fredrick Scott Anthony officer: SVP, Treasurer 4100 COCA-COLA PLAZA, CHARLOTTE NC 28211
Richard Tyrone Williams director HOMETRUST BANCSHARES, INC., 10 WOODFIN STREET, ASHEVILLE NC 28801
Jennifer K Mann director THE COCA-COLA COMPANY, ONE COCA-COLA PLAZA, ATLANTA GA 30313
James L Matte officer: SVP, Human Resources 4100 COCA-COLA PLAZA, CHARLOTTE NC 28211
Fisher E Beauregarde Iii officer: EVP, General Counsel 4100 COCA-COLA PLAZA, CHARLOTTE NC 28211
Wells Sue Anne H. director 1219 CARTER LAKE ROAD, CHATTANOOGA TN 37405
Deal Clifford M Iii officer: SVP and CFO 4100 COCA COLA PLAZA, CHARLOTTE NC 28211
Helvey James Relerford Iii director 100 PIKE WAY, MOUNT AIRY NC 27030