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Coca-Cola Co (UKEX:KO) Cyclically Adjusted Price-to-FCF : 27.43 (As of May. 27, 2024)


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

As of today (2024-05-27), Coca-Cola Co's current share price is ₴2260.00. Coca-Cola Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₴82.38. Coca-Cola Co's Cyclically Adjusted Price-to-FCF for today is 27.43.

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

UKEX:KO' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 21.89   Med: 27.82   Max: 34.36
Current: 27.86

During the past years, Coca-Cola Co's highest Cyclically Adjusted Price-to-FCF was 34.36. The lowest was 21.89. And the median was 27.82.

UKEX:KO's Cyclically Adjusted Price-to-FCF is ranked worse than
66.67% of 51 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 22.11 vs UKEX:KO: 27.86

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 Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₴1.474. 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 ₴82.38 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Coca-Cola Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Coca-Cola 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.

Coca-Cola Co Cyclically Adjusted Price-to-FCF Chart

Coca-Cola 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 31.56 30.60 29.48 29.77 26.78

Coca-Cola 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 28.57 27.30 25.20 26.78 27.49

Competitive Comparison of Coca-Cola Co's Cyclically Adjusted Price-to-FCF

For the Beverages - Non-Alcoholic subindustry, Coca-Cola 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.


Coca-Cola Co'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 Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Coca-Cola Co's Cyclically Adjusted Price-to-FCF falls into.



Coca-Cola 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.

Coca-Cola Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2260.00/82.38
=27.43

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

For example, Coca-Cola 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)
=1.474/131.7762*131.7762
=1.474

Current CPI (Mar. 2024) = 131.7762.

Coca-Cola Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 25.554 100.560 33.487
201409 26.495 100.428 34.765
201412 16.789 99.070 22.332
201503 9.646 99.621 12.759
201506 26.946 100.684 35.267
201509 24.893 100.392 32.675
201512 11.526 99.792 15.220
201603 0.626 100.470 0.821
201606 24.567 101.688 31.836
201609 22.423 101.861 29.008
201612 12.691 101.863 16.418
201703 2.996 102.862 3.838
201706 20.387 103.349 25.995
201709 20.141 104.136 25.487
201712 5.821 104.011 7.375
201803 3.605 105.290 4.512
201806 15.150 106.317 18.778
201809 24.829 106.507 30.720
201812 13.458 105.998 16.731
201903 3.745 107.251 4.601
201906 31.224 108.070 38.073
201909 26.415 108.329 32.132
201912 17.273 108.420 20.994
202003 2.135 108.902 2.583
202006 18.879 108.767 22.873
202009 29.961 109.815 35.953
202012 29.859 109.897 35.804
202103 13.222 111.754 15.591
202106 33.970 114.631 39.051
202109 31.817 115.734 36.227
202112 25.541 117.630 28.613
202203 3.757 121.301 4.081
202206 33.835 125.017 35.664
202209 29.993 125.227 31.562
202212 20.809 125.222 21.898
202303 -1.076 127.348 -1.113
202306 38.359 128.729 39.267
202309 36.369 129.860 36.906
202312 16.937 129.419 17.245
202403 1.474 131.776 1.474

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 Co  (UKEX:KO) 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 Co Cyclically Adjusted Price-to-FCF Related Terms

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Coca-Cola Co (UKEX:KO) Business Description

Address
One Coca-Cola Plaza, Atlanta, GA, USA, 30313
Founded in 1886, Atlanta-headquartered Coca-Cola is the world's largest nonalcoholic beverage company, with a strong portfolio of 200 brands covering key categories including carbonated soft drinks, water, sports, energy, juice, and coffee. Together with bottlers and distribution partners, the company sells finished beverage products bearing Coca-Cola and licensed brands through retailers and food-service locations in more than 200 countries and regions globally. Coca-Cola generates around two thirds of its total revenues overseas, with a significant portion from emerging economies in Latin America and Asia-Pacific.

Coca-Cola Co (UKEX:KO) Headlines