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Molson Coors Beverage Co (STU:NY7) Cyclically Adjusted Price-to-FCF : 10.70 (As of Apr. 27, 2024)


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

As of today (2024-04-27), Molson Coors Beverage Co's current share price is €58.32. Molson Coors Beverage Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €5.45. Molson Coors Beverage Co's Cyclically Adjusted Price-to-FCF for today is 10.70.

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:

STU:NY7' 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.

STU:NY7'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 STU:NY7: 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 €1.259. 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 €5.45 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
=58.32/5.45
=10.70

* 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)
=1.259/129.4194*129.4194
=1.259

Current CPI (Dec. 2023) = 129.4194.

Molson Coors Beverage Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.329 99.695 0.427
201406 1.446 100.560 1.861
201409 1.731 100.428 2.231
201412 0.720 99.070 0.941
201503 -1.366 99.621 -1.775
201506 1.599 100.684 2.055
201509 1.017 100.392 1.311
201512 0.841 99.792 1.091
201603 -0.698 100.470 -0.899
201606 1.319 101.688 1.679
201609 1.155 101.861 1.467
201612 1.510 101.863 1.918
201703 -1.288 102.862 -1.621
201706 3.137 103.349 3.928
201709 0.833 104.136 1.035
201712 2.292 104.011 2.852
201803 0.400 105.290 0.492
201806 3.320 106.317 4.041
201809 1.399 106.507 1.700
201812 1.539 105.998 1.879
201903 -1.210 107.251 -1.460
201906 3.321 108.070 3.977
201909 1.314 108.329 1.570
201912 1.961 108.420 2.341
202003 -1.016 108.902 -1.207
202006 3.920 108.767 4.664
202009 1.260 109.815 1.485
202012 0.319 109.897 0.376
202103 -1.134 111.754 -1.313
202106 3.166 114.631 3.574
202109 1.436 115.734 1.606
202112 0.595 117.630 0.655
202203 -1.514 121.301 -1.615
202206 2.785 125.017 2.883
202209 1.433 125.227 1.481
202212 1.106 125.222 1.143
202303 -0.765 127.348 -0.777
202306 3.125 128.729 3.142
202309 2.373 129.860 2.365
202312 1.259 129.419 1.259

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  (STU:NY7) 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 (STU:NY7) 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 (STU:NY7) Headlines

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