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Molson Coors Beverage Co (Molson Coors Beverage Co) Cyclically Adjusted Price-to-FCF : 8.34 (As of Jun. 18, 2024)


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What is Molson Coors Beverage Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-18), Molson Coors Beverage Co's current share price is $50.20. Molson Coors Beverage Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $6.02. Molson Coors Beverage Co's Cyclically Adjusted Price-to-FCF for today is 8.34.

The historical rank and industry rank for Molson Coors Beverage Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

TAP' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.4   Med: 13.57   Max: 33.92
Current: 8.34

During the past years, Molson Coors Beverage Co's highest Cyclically Adjusted Price-to-FCF was 33.92. The lowest was 6.40. And the median was 13.57.

TAP's Cyclically Adjusted Price-to-FCF is ranked better than
90.18% of 112 companies
in the Beverages - Alcoholic industry
Industry Median: 27.26 vs TAP: 8.34

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.

Molson Coors Beverage Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-0.884. 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 $6.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Molson Coors Beverage Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Molson Coors Beverage Co'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.

Molson Coors Beverage Co Cyclically Adjusted Price-to-FCF Chart

Molson Coors Beverage Co 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 10.83 8.69 8.23 8.82 10.10

Molson Coors Beverage Co 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 8.88 11.08 10.62 10.10 11.17

Competitive Comparison of Molson Coors Beverage Co's Cyclically Adjusted Price-to-FCF

For the Beverages - Brewers subindustry, Molson Coors Beverage Co'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.


Molson Coors Beverage Co's Cyclically Adjusted Price-to-FCF Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Molson Coors Beverage Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Molson Coors Beverage Co's Cyclically Adjusted Price-to-FCF falls into.



Molson Coors Beverage Co 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.

Molson Coors Beverage Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=50.20/6.02
=8.34

* 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.

Molson Coors Beverage Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Molson Coors Beverage Co'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)
=-0.884/131.7762*131.7762
=-0.884

Current CPI (Mar. 2024) = 131.7762.

Molson Coors Beverage Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.964 100.560 2.574
201409 2.231 100.428 2.927
201412 0.888 99.070 1.181
201503 -1.478 99.621 -1.955
201506 1.794 100.684 2.348
201509 1.142 100.392 1.499
201512 0.916 99.792 1.210
201603 -0.777 100.470 -1.019
201606 1.482 101.688 1.921
201609 1.297 101.861 1.678
201612 1.593 101.863 2.061
201703 -1.378 102.862 -1.765
201706 3.525 103.349 4.495
201709 0.993 104.136 1.257
201712 2.713 104.011 3.437
201803 0.494 105.290 0.618
201806 3.879 106.317 4.808
201809 1.633 106.507 2.020
201812 1.751 105.998 2.177
201903 -1.367 107.251 -1.680
201906 3.753 108.070 4.576
201909 1.447 108.329 1.760
201912 2.179 108.420 2.648
202003 -1.122 108.902 -1.358
202006 4.415 108.767 5.349
202009 1.484 109.815 1.781
202012 0.388 109.897 0.465
202103 -1.350 111.754 -1.592
202106 3.814 114.631 4.384
202109 1.690 115.734 1.924
202112 0.673 117.630 0.754
202203 -1.667 121.301 -1.811
202206 2.944 125.017 3.103
202209 1.419 125.227 1.493
202212 1.172 125.222 1.233
202303 -0.819 127.348 -0.847
202306 3.385 128.729 3.465
202309 2.533 129.860 2.570
202312 1.373 129.419 1.398
202403 -0.884 131.776 -0.884

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.


Molson Coors Beverage Co  (NYSE:TAP) 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.


Molson Coors Beverage Co Cyclically Adjusted Price-to-FCF Related Terms

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


Molson Coors Beverage Co (Molson Coors Beverage Co) Business Description

Traded in Other Exchanges
Address
NH353, P.O. Box 4030, Golden, CO, USA, 80401
Molson Coors owns well-known beer brands including Miller, Coors, Blue Moon, and Carling, and ranks as the second largest beer maker in both value and volume terms in the U.S., Canada, and the United Kingdom. Through licensing agreements, it also brews and distributes beer and hard seltzer under partner brands from Heineken, Anheuser-Busch InBev, Asahi, and Coca-Cola. The company uses independent distributors in the U.S. given the three-tier distribution requirements, while using a combination of distributors and an in-house sales team in Canada and Europe. North America remains its largest market contributing over 80% of total revenue.
Executives
Winnefeld James A Jr director 870 WINTER STREET, WALTHAM MA 02451
Natalie G. Maciolek officer: Chief Legal & Govt Affairs Off 3939 W HIGHLAND BLVD, MILWAUKEE WI 53208
Geoffrey E. Molson director 1801 CALIFORNIA STREET, SUITE 4600, DENVER CO 80202
Williams Leroy James Jr director 10 LONGS PEAK DRIVE, BROOMFIELD CO 80021-2510
Anne-marie W D'angelo officer: Chief Legal & Govt Affairs Off 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
Louis Vachon director 1155 METCALFE STREET, MONTREAL QUEBEC CANADA E6 0000
Julia M Brown director C/O ABLE BRANDS CO., 30 HUDSON YARDS, NEW YORK NY 10001
Simon Cox officer: Pres&CEO, Molson Coors Europe 1801 CALIFORNIA STREET, SUITE 4600, DENVER CO 80202
Roxanne Stelter officer: VP,Controller & Chf Acct Off 3939 W HIGHLAND BLVD, MILWAUKEE WI 53208
Andrew Thomas Molson director 1801 CALIFORNIA STREET, SUITE 4600, DENVER CO 80202
David S. Coors director P.O. BOX 4030, NH353, GOLDEN CO 80401
Nessa O'sullivan director P.O. BOX 4030, NH353, GOLDEN CO 80401
Peter H Coors director, other: Chairman of the Board 1801 CALIFORNIA STREET, SUITE 4600, DENVER CO 80202
Peter John Marino officer: President of Emerging Growth 250 SOUTH WACKER DRIVE, CHICAGO IL 60606
Jacques Michelle St. officer: Chief Marketing Officer 250 SOUTH WACKER DRIVE, CHICAGO IL 60606