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The Kraft Heinz Co (XSWX:KHC) Cyclically Adjusted Price-to-FCF : (As of Apr. 28, 2024)


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What is The Kraft Heinz Co Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Kraft Heinz Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for The Kraft Heinz 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.

The Kraft Heinz Co Cyclically Adjusted Price-to-FCF Chart

The Kraft Heinz 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 - 14.42 14.50 18.49 16.89

The Kraft Heinz 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 18.49 17.38 15.69 14.82 16.89

Competitive Comparison of The Kraft Heinz Co's Cyclically Adjusted Price-to-FCF

For the Packaged Foods subindustry, The Kraft Heinz 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.


The Kraft Heinz Co's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Kraft Heinz Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



The Kraft Heinz 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.

The Kraft Heinz Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, The Kraft Heinz 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)
=0.792/129.4194*129.4194
=0.792

Current CPI (Dec. 2023) = 129.4194.

The Kraft Heinz Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.256 99.695 0.332
201406 0.417 100.560 0.537
201409 0.157 100.428 0.202
201412 1.534 99.070 2.004
201503 0.322 99.621 0.418
201506 0.948 100.684 1.219
201509 -0.359 100.392 -0.463
201512 0.200 99.792 0.259
201603 -0.368 100.470 -0.474
201606 0.667 101.688 0.849
201609 -0.162 101.861 -0.206
201612 1.015 101.863 1.290
201703 -0.801 102.862 -1.008
201706 0.091 103.349 0.114
201709 -0.056 104.136 -0.070
201712 0.199 104.011 0.248
201803 0.143 105.290 0.176
201806 -0.331 106.317 -0.403
201809 0.400 106.507 0.486
201812 1.191 105.998 1.454
201903 0.045 107.251 0.054
201906 0.665 108.070 0.796
201909 0.431 108.329 0.515
201912 1.101 108.420 1.314
202003 0.063 108.902 0.075
202006 1.460 108.767 1.737
202009 0.723 109.815 0.852
202012 1.001 109.897 1.179
202103 0.440 111.754 0.510
202106 0.753 114.631 0.850
202109 0.146 115.734 0.163
202112 2.006 117.630 2.207
202203 0.205 121.301 0.219
202206 0.064 125.017 0.066
202209 0.419 125.227 0.433
202212 0.508 125.222 0.525
202303 0.166 127.348 0.169
202306 0.629 128.729 0.632
202309 0.562 129.860 0.560
202312 0.792 129.419 0.792

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.


The Kraft Heinz Co  (XSWX:KHC) 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.


The Kraft Heinz Co Cyclically Adjusted Price-to-FCF Related Terms

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The Kraft Heinz Co (XSWX:KHC) Business Description

Address
One PPG Place, Pittsburgh, PA, USA, 15222
In July 2015, Kraft merged with Heinz to create the third-largest food and beverage manufacturer in North America behind PepsiCo and Nestle and the fifth-largest player in the world. Beyond its namesake brands, the combined firm's portfolio includes Oscar Mayer, Velveeta, and Philadelphia. While the retail channel drives around 85% of its total sales, the firm operates a growing presence in the foodservice arena. Outside North America, Kraft Heinz's global reach counts a distribution network in Europe and emerging markets that drives 20%-25% of its consolidated sales base, as its products are sold in more than 190 countries and territories.