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Mondelez International (Mondelez International) Cyclically Adjusted Price-to-FCF : 34.11 (As of Apr. 27, 2024)


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

As of today (2024-04-27), Mondelez International's current share price is $70.61. Mondelez International's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.07. Mondelez International's Cyclically Adjusted Price-to-FCF for today is 34.11.

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

MDLZ' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 16.03   Med: 26.56   Max: 37.14
Current: 34.1

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 26.56.

MDLZ's Cyclically Adjusted Price-to-FCF is ranked worse than
66.57% of 697 companies
in the Consumer Packaged Goods industry
Industry Median: 23.47 vs MDLZ: 34.10

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 Dec. 2023 was $0.903. 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 $2.07 for the trailing ten years ended in Dec. 2023.

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
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 31.84 31.14 32.11 29.74 34.98

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
=70.61/2.07
=34.11

* 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 Dec. 2023 is calculated as:

For example, Mondelez International'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)
=0.903/129.4194*129.4194
=0.903

Current CPI (Dec. 2023) = 129.4194.

Mondelez International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.524 99.695 -0.680
201406 0.320 100.560 0.412
201409 0.221 100.428 0.285
201412 1.120 99.070 1.463
201503 -0.434 99.621 -0.564
201506 0.307 100.684 0.395
201509 0.278 100.392 0.358
201512 1.230 99.792 1.595
201603 -0.497 100.470 -0.640
201606 0.331 101.688 0.421
201609 0.315 101.861 0.400
201612 0.891 101.863 1.132
201703 -0.557 102.862 -0.701
201706 0.414 103.349 0.518
201709 0.198 104.136 0.246
201712 0.993 104.011 1.236
201803 0.082 105.290 0.101
201806 0.354 106.317 0.431
201809 0.287 106.507 0.349
201812 1.209 105.998 1.476
201903 0.137 107.251 0.165
201906 0.261 108.070 0.313
201909 0.422 108.329 0.504
201912 1.267 108.420 1.512
202003 0.048 108.902 0.057
202006 0.725 108.767 0.863
202009 0.397 109.815 0.468
202012 0.985 109.897 1.160
202103 0.492 111.754 0.570
202106 0.482 114.631 0.544
202109 0.496 115.734 0.555
202112 0.778 117.630 0.856
202203 0.690 121.301 0.736
202206 0.445 125.017 0.461
202209 0.227 125.227 0.235
202212 0.806 125.222 0.833
202303 0.655 127.348 0.666
202306 0.422 128.729 0.424
202309 0.651 129.860 0.649
202312 0.903 129.419 0.903

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  (NAS:MDLZ) 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

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


Mondelez International (Mondelez International) 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.
Executives
Hart Cees 't director C/O MONDELEZ INTERNATIONAL, 905 WEST FULTON MARKET, SUITE 200, CHICAGO IL 60607
Deepak D. Iyer officer: EVP and President AMEA C/O MONDELEZ INTERNATIONAL, INC., 905 WEST FULTON MARKET, SUITE 200, CHICAGO IL 60607
Anindita Mukherjee director 8501 WILLIAMS ROAD, ESTERO FL 33928
Maurizio Brusadelli officer: EVP and President Asia Pac MONDELEZ INTERNATIONAL, INC., THREE PARKWAY NORTH, DEERFIELD IL 60015
Daniel E Ramos officer: Chief Res & Dev Officer 350 FIFTH AVENUE, NEW YORK NY 10118
Ertharin Cousin director 250 PARKCENTER BLVD PO BOX 20, BOISE ID 83726
Robin S. Hargrove officer: EVP, Research, Dev & Quality C/O MONDELEZ INTERNATIONAL, INC., THREE PARKWAY NORTH, DEERFIELD IL 60048
Mariano Lozano officer: EVP and President, LA C/O THE DANONE COMPANY, INC., 100 HILLSIDE AVENUE, WHITE PLAINS NY 10603
Fredric G Reynolds director PINTEREST, INC., 651 BRANNAN, SAN FRANCISCO CA 94107
Vinzenz P. Gruber officer: EVP and President, Europe C/O MONDELEZ INTERNATIONAL, INC., THREE PARKWAY NORTH, DEERFIELD IL 60015
Trian Fund Management, L.p. director 280 PARK AVENUE, 41ST FLOOR, NEW YORK NY 10017
Glen Walter officer: EVP & President, North America THE COCA-COLA COMPANY, ONE COCA-COLA PLAZA, ATLANTA GA 30313
Charles E Bunch director PPG INDUSTRIES INC., ONE PPG PLACE, PITTSBURGH PA 15272
Michael Andrew Call officer: VP, Corporate Controller & CAO 905 WEST FULTON MARKET, SUITE 200, CHICAGO IL 60607
Jane Nielsen director 516 WEST 34TH STREET, NEW YORK NY 10001

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