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Mondelez International (MIL:1MDLZ) Cyclically Adjusted Price-to-FCF : 30.97 (As of Sep. 23, 2024)


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

As of today (2024-09-23), Mondelez International's current share price is €66.90. Mondelez International's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was €2.16. Mondelez International's Cyclically Adjusted Price-to-FCF for today is 30.97.

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

MIL:1MDLZ' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18.33   Med: 29.24   Max: 37.14
Current: 32.9

During the past years, Mondelez International's highest Cyclically Adjusted Price-to-FCF was 37.14. The lowest was 18.33. And the median was 29.24.

MIL:1MDLZ's Cyclically Adjusted Price-to-FCF is ranked worse than
66.96% of 675 companies
in the Consumer Packaged Goods industry
Industry Median: 21.87 vs MIL:1MDLZ: 32.90

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 Jun. 2024 was €0.314. 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 €2.16 for the trailing ten years ended in Jun. 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
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 32.11 29.75 34.98 31.07 28.98

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
=66.90/2.16
=30.97

* 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 Jun. 2024 is calculated as:

For example, Mondelez International's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.314/132.5538*132.5538
=0.314

Current CPI (Jun. 2024) = 132.5538.

Mondelez International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 0.171 100.428 0.226
201412 0.908 99.070 1.215
201503 -0.401 99.621 -0.534
201506 0.273 100.684 0.359
201509 0.248 100.392 0.327
201512 1.129 99.792 1.500
201603 -0.446 100.470 -0.588
201606 0.295 101.688 0.385
201609 0.280 101.861 0.364
201612 0.844 101.863 1.098
201703 -0.521 102.862 -0.671
201706 0.368 103.349 0.472
201709 0.166 104.136 0.211
201712 0.839 104.011 1.069
201803 0.066 105.290 0.083
201806 0.303 106.317 0.378
201809 0.246 106.507 0.306
201812 1.062 105.998 1.328
201903 0.121 107.251 0.150
201906 0.231 108.070 0.283
201909 0.383 108.329 0.469
201912 1.141 108.420 1.395
202003 0.044 108.902 0.054
202006 0.644 108.767 0.785
202009 0.337 109.815 0.407
202012 0.809 109.897 0.976
202103 0.413 111.754 0.490
202106 0.400 114.631 0.463
202109 0.422 115.734 0.483
202112 0.689 117.630 0.776
202203 0.626 121.301 0.684
202206 0.421 125.017 0.446
202209 0.229 125.227 0.242
202212 0.761 125.222 0.806
202303 0.612 127.348 0.637
202306 0.389 128.729 0.401
202309 0.610 129.860 0.623
202312 0.828 129.419 0.848
202403 0.696 131.776 0.700
202406 0.314 132.554 0.314

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  (MIL:1MDLZ) 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 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 Headlines

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