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Keurig Dr Pepper (WBO:KDP) Cyclically Adjusted Price-to-FCF : 10.88 (As of May. 16, 2024)


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What is Keurig Dr Pepper Cyclically Adjusted Price-to-FCF?

As of today (2024-05-16), Keurig Dr Pepper's current share price is €31.12. Keurig Dr Pepper's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.86. Keurig Dr Pepper's Cyclically Adjusted Price-to-FCF for today is 10.88.

The historical rank and industry rank for Keurig Dr Pepper's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

WBO:KDP' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.46   Med: 10.63   Max: 29.99
Current: 11.09

During the past years, Keurig Dr Pepper's highest Cyclically Adjusted Price-to-FCF was 29.99. The lowest was 5.46. And the median was 10.63.

WBO:KDP's Cyclically Adjusted Price-to-FCF is ranked better than
86.27% of 51 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 20.06 vs WBO:KDP: 11.09

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.

Keurig Dr Pepper's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-0.069. 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 €2.86 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Keurig Dr Pepper Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Keurig Dr Pepper'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.

Keurig Dr Pepper Cyclically Adjusted Price-to-FCF Chart

Keurig Dr Pepper 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 7.16 10.31 11.55 10.45 10.58

Keurig Dr Pepper 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 10.22 9.22 9.66 10.58 9.95

Competitive Comparison of Keurig Dr Pepper's Cyclically Adjusted Price-to-FCF

For the Beverages - Non-Alcoholic subindustry, Keurig Dr Pepper'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.


Keurig Dr Pepper's Cyclically Adjusted Price-to-FCF Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Keurig Dr Pepper's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Keurig Dr Pepper's Cyclically Adjusted Price-to-FCF falls into.



Keurig Dr Pepper 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.

Keurig Dr Pepper's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=31.12/2.86
=10.88

* 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.

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

For example, Keurig Dr Pepper'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)
=-0.069/131.7762*131.7762
=-0.069

Current CPI (Mar. 2024) = 131.7762.

Keurig Dr Pepper Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.020 100.560 1.337
201409 1.183 100.428 1.552
201412 0.769 99.070 1.023
201503 0.385 99.621 0.509
201506 1.042 100.684 1.364
201509 1.605 100.392 2.107
201512 0.879 99.792 1.161
201603 0.808 100.470 1.060
201606 0.907 101.688 1.175
201609 1.017 101.861 1.316
201612 1.060 101.863 1.371
201703 0.405 102.862 0.519
201706 1.376 103.349 1.754
201709 1.281 104.136 1.621
201712 0.879 104.011 1.114
201803 0.253 105.290 0.317
201806 0.298 106.317 0.369
201809 0.273 106.507 0.338
201812 0.296 105.998 0.368
201903 0.329 107.251 0.404
201906 0.345 108.070 0.421
201909 0.326 108.329 0.397
201912 0.328 108.420 0.399
202003 0.158 108.902 0.191
202006 0.327 108.767 0.396
202009 0.306 109.815 0.367
202012 0.378 109.897 0.453
202103 0.259 111.754 0.305
202106 0.281 114.631 0.323
202109 0.389 115.734 0.443
202112 0.521 117.630 0.584
202203 0.345 121.301 0.375
202206 0.397 125.017 0.418
202209 0.478 125.227 0.503
202212 0.423 125.222 0.445
202303 -0.028 127.348 -0.029
202306 0.190 128.729 0.194
202309 0.305 129.860 0.310
202312 0.093 129.419 0.095
202403 -0.069 131.776 -0.069

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.


Keurig Dr Pepper  (WBO:KDP) 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.


Keurig Dr Pepper Cyclically Adjusted Price-to-FCF Related Terms

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Keurig Dr Pepper (WBO:KDP) Business Description

Traded in Other Exchanges
Address
53 South Avenue, Burlington, MA, USA, 01803
Keurig Dr Pepper was established in 2018 following a merger between Keurig Green Mountain Coffee and Dr Pepper Snapple. The company manufactures and distributes coffee systems (including coffee brewers and single-serve coffee pods) under the Keurig and Green Mountain brands, as well as ready-to-drink beverages including flavored (non-cola) sparkling soft drinks under well-known brands such as Dr Pepper, Snapple, and Canada Dry. The company controls production and route to market for its own brands through in-house manufacturing plants and distribution infrastructure and leverages these facilities to manufacture and distribute for third-party coffee and beverage brands via licensing and partnership agreements. U.S. and Canada make up 95% of revenues, with the rest from Mexico.

Keurig Dr Pepper (WBO:KDP) Headlines