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Mondelez International (CHIX:KTFD) Cyclically Adjusted Price-to-FCF : 28.98 (As of May. 20, 2024)


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

As of today (2024-05-20), Mondelez International's current share price is €63.18. Mondelez International's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.18. Mondelez International's Cyclically Adjusted Price-to-FCF for today is 28.98.

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

CHIX:KTFd' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 16.03   Med: 26.61   Max: 37.14
Current: 31.61

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 26.61.

CHIX:KTFd's Cyclically Adjusted Price-to-FCF is ranked worse than
61.87% of 716 companies
in the Consumer Packaged Goods industry
Industry Median: 23.785 vs CHIX:KTFd: 31.61

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 €0.696. 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 €2.18 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
=63.18/2.18
=28.98

* 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)
=0.696/131.7762*131.7762
=0.696

Current CPI (Mar. 2024) = 131.7762.

Mondelez International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.235 100.560 0.308
201409 0.171 100.428 0.224
201412 0.908 99.070 1.208
201503 -0.401 99.621 -0.530
201506 0.273 100.684 0.357
201509 0.248 100.392 0.326
201512 1.129 99.792 1.491
201603 -0.446 100.470 -0.585
201606 0.295 101.688 0.382
201609 0.280 101.861 0.362
201612 0.844 101.863 1.092
201703 -0.521 102.862 -0.667
201706 0.368 103.349 0.469
201709 0.166 104.136 0.210
201712 0.839 104.011 1.063
201803 0.066 105.290 0.083
201806 0.303 106.317 0.376
201809 0.246 106.507 0.304
201812 1.062 105.998 1.320
201903 0.121 107.251 0.149
201906 0.231 108.070 0.282
201909 0.383 108.329 0.466
201912 1.141 108.420 1.387
202003 0.044 108.902 0.053
202006 0.644 108.767 0.780
202009 0.337 109.815 0.404
202012 0.809 109.897 0.970
202103 0.413 111.754 0.487
202106 0.400 114.631 0.460
202109 0.422 115.734 0.480
202112 0.689 117.630 0.772
202203 0.626 121.301 0.680
202206 0.421 125.017 0.444
202209 0.229 125.227 0.241
202212 0.761 125.222 0.801
202303 0.612 127.348 0.633
202306 0.389 128.729 0.398
202309 0.610 129.860 0.619
202312 0.828 129.419 0.843
202403 0.696 131.776 0.696

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  (CHIX:KTFd) 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 (CHIX:KTFD) 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 (CHIX:KTFD) Headlines

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