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Coca-Cola Europacific Partners (Coca-Cola Europacific Partners) Cyclically Adjusted Price-to-FCF : 19.33 (As of May. 15, 2024)


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What is Coca-Cola Europacific Partners Cyclically Adjusted Price-to-FCF?

As of today (2024-05-15), Coca-Cola Europacific Partners's current share price is $74.81. Coca-Cola Europacific Partners's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was $3.87. Coca-Cola Europacific Partners's Cyclically Adjusted Price-to-FCF for today is 19.33.

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

CCEP' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.12   Med: 19.4   Max: 27.24
Current: 20.02

During the past 13 years, Coca-Cola Europacific Partners's highest Cyclically Adjusted Price-to-FCF was 27.24. The lowest was 14.12. And the median was 19.40.

CCEP's Cyclically Adjusted Price-to-FCF is ranked better than
50.98% of 51 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 20.06 vs CCEP: 20.02

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 Europacific Partners's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was $4.737. 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 $3.87 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Coca-Cola Europacific Partners Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Coca-Cola Europacific Partners'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 Europacific Partners Cyclically Adjusted Price-to-FCF Chart

Coca-Cola Europacific Partners 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 21.95 18.06 19.71 16.90 17.27

Coca-Cola Europacific Partners Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 19.71 - 16.90 - 17.27

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

For the Beverages - Non-Alcoholic subindustry, Coca-Cola Europacific Partners'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 Europacific Partners'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 Europacific Partners's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=74.81/3.87
=19.33

* 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 Europacific Partners's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Coca-Cola Europacific Partners's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=4.737/130.0000*130.0000
=4.737

Current CPI (Dec23) = 130.0000.

Coca-Cola Europacific Partners Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 2.784 99.900 3.623
201512 2.823 100.400 3.655
201612 2.047 102.200 2.604
201712 2.669 105.000 3.304
201812 2.812 107.100 3.413
201912 3.085 108.500 3.696
202012 2.887 109.400 3.431
202112 4.132 114.700 4.683
202212 5.387 125.300 5.589
202312 4.737 130.000 4.737

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 Europacific Partners  (NAS:CCEP) 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 Europacific Partners Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Coca-Cola Europacific Partners's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Coca-Cola Europacific Partners (Coca-Cola Europacific Partners) Business Description

Address
Bakers Road, Pemberton House, Uxbridge, GBR, UB8 1EZ
CCEP is the second-largest bottling partner in the Coca-Cola system by volume, behind Coca-Cola Femsa, and primarily operates in developed Europe (78% of 2022 revenue and 73% of EBIT) and Australasia (22% and 27%, respectively). In 2023 it announced the planned acquisition of Coca-Cola Beverages Philippines from TCCC.In 2022, CCEP sold 3.3 billion unit cases of beverages, which we estimate equates to roughly 9% of the global Coke system volume. Coke's largest bottler, Coca-Cola Femsasold 3.75 billion unit cases (11%), and the third-largest, Coca-Cola HBC, serving Eastern Europe and North Africa, sold 2.7 billion unit cases (8%).TCCC owns 19% of the equity of CCEP, Olive Partners, a holding company of bottling operations, owns a further 36%, and the remaining 45% is free float.