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Molson Coors Beverage Co (BSP:M1CB34) Cyclically Adjusted Price-to-FCF : 11.51 (As of Apr. 28, 2024)


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

As of today (2024-04-28), Molson Coors Beverage Co's current share price is R$337.80. Molson Coors Beverage Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was R$29.36. Molson Coors Beverage Co's Cyclically Adjusted Price-to-FCF for today is 11.51.

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:

BSP:M1CB34' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.4   Med: 13.98   Max: 33.92
Current: 10.32

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 13.98.

BSP:M1CB34's Cyclically Adjusted Price-to-FCF is ranked better than
82.88% of 111 companies
in the Beverages - Alcoholic industry
Industry Median: 26.89 vs BSP:M1CB34: 10.32

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 Dec. 2023 was R$6.727. 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 R$29.36 for the trailing ten years ended in Dec. 2023.

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
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 8.82 8.88 11.08 10.62 10.10

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
=337.80/29.36
=11.51

* 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 Dec. 2023 is calculated as:

For example, Molson Coors Beverage Co'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)
=6.727/129.4194*129.4194
=6.727

Current CPI (Dec. 2023) = 129.4194.

Molson Coors Beverage Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 1.058 99.695 1.373
201406 4.393 100.560 5.654
201409 5.216 100.428 6.722
201412 2.346 99.070 3.065
201503 -4.644 99.621 -6.033
201506 5.583 100.684 7.176
201509 4.457 100.392 5.746
201512 3.555 99.792 4.610
201603 -2.874 100.470 -3.702
201606 5.075 101.688 6.459
201609 4.219 101.861 5.360
201612 5.343 101.863 6.788
201703 -4.309 102.862 -5.422
201706 11.616 103.349 14.546
201709 3.109 104.136 3.864
201712 8.938 104.011 11.121
201803 1.618 105.290 1.989
201806 14.628 106.317 17.807
201809 6.709 106.507 8.152
201812 6.799 105.998 8.301
201903 -5.250 107.251 -6.335
201906 14.470 108.070 17.329
201909 5.961 108.329 7.122
201912 8.943 108.420 10.675
202003 -5.484 108.902 -6.517
202006 22.905 108.767 27.254
202009 8.013 109.815 9.444
202012 1.996 109.897 2.351
202103 -7.605 111.754 -8.807
202106 19.180 114.631 21.654
202109 8.920 115.734 9.975
202112 3.805 117.630 4.186
202203 -8.296 121.301 -8.851
202206 14.860 125.017 15.383
202209 7.439 125.227 7.688
202212 6.146 125.222 6.352
202303 -4.267 127.348 -4.336
202306 16.431 128.729 16.519
202309 12.508 129.860 12.466
202312 6.727 129.419 6.727

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  (BSP:M1CB34) 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 (BSP:M1CB34) 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.

Molson Coors Beverage Co (BSP:M1CB34) Headlines

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