PepsiCo (XSWX:PEP) EV-to-FCF: 27.00 (As of Jun. 28, 2026) — 23% Below Median


XSWX:PEP PepsiCo Inc XSWX:PEP
90 GF Score
Price CHF115.00
GF Value CHF140.64
! 2 Warning Signs
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What is PepsiCo EV-to-FCF?

PepsiCo XSWX:PEP 90 EV-to-FCF is 27.00 as of Jun. 28, 2026, which is 23% below its 10-year median of 35.23. GuruFocus rates XSWX:PEP with a GF Score™ of 90/100 and a GF Value™ of CHF140.64. The stock has 2 warning signs investors should review. Among 79 Beverages - Non-Alcoholic companies, PepsiCo ranks worse than 59.49% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, PepsiCo's Enterprise Value is CHF190,776 Mil. PepsiCo's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was CHF7,065 Mil. Therefore, PepsiCo's EV-to-FCF for today is 27.00.

The historical rank and industry rank for PepsiCo's EV-to-FCF or its related term are showing as below:

XSWX:PEP' s EV-to-FCF Range Over the Past 10 Years
Min: 20.75   Med: 35.23   Max: 57.84
Current: 26.61

During the past 13 years, the highest EV-to-FCF of PepsiCo was 57.84. The lowest was 20.75. And the median was 35.23.

XSWX:PEP's EV-to-FCF is ranked worse than
59.49% of 79 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 21.85 vs XSWX:PEP: 26.61

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-06-28), PepsiCo's stock price is CHF115.00. PepsiCo's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was CHF5.073. Therefore, PepsiCo's PE Ratio (TTM) for today is 22.67.


PepsiCo  (XSWX:PEP) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

PepsiCo's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=115.00/5.073
=22.67

PepsiCo's share price for today is CHF115.00.
PepsiCo's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF5.073.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


PepsiCo EV-to-FCF Related Terms


PepsiCo EV-to-FCF Historical Data

* Premium members only.

The historical data trend for PepsiCo's EV-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.

PepsiCo EV-to-FCF Chart

PepsiCo Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.36 50.52 33.84 34.00 30.86

PepsiCo Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-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 33.84 31.77 34.53 30.86 28.78

XSWX:PEP vs MNST, KO, KDP: EV-to-FCF Comparison

For the Beverages - Non-Alcoholic subindustry, PepsiCo's EV-to-FCF, along with its competitors' market caps and EV-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.


PepsiCo EV-to-FCF vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, PepsiCo's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where PepsiCo's EV-to-FCF falls into.


XSWX:PEP
90GF Score
PepsiCo Inc XSWX:PEP
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
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PepsiCo EV-to-FCF Calculation

PepsiCo's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=190775.897/7064.663
=27.00

PepsiCo's current Enterprise Value is CHF190,776 Mil.
PepsiCo's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF7,065 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of 27.00 mean?
PepsiCo (XSWX:PEP) has a EV-to-FCF of 27.00 as of Jun. 28, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on PepsiCo and its competitors. This is 23% below median its historical median of 35.23. Over the past decade, PepsiCo's EV-to-FCF has ranged from 20.75 to 57.84. According to the industry distribution chart, PepsiCo ranks #47 out of 79 companies in the Beverages - Non-Alcoholic industry, placing it in the top 59.5%.
Is PepsiCo's EV-to-FCF too high?
PepsiCo's current EV-to-FCF of 27.00 is 23% below median its 10-year median of 35.23. Over the past 10 years, this metric has ranged from a low of 20.75 to a high of 57.84. The Beverages - Non-Alcoholic industry median EV-to-FCF is 21.85. PepsiCo's value of 27.00 is 23.6% above this industry median. Based on the distribution chart, PepsiCo ranks #47 out of 79 companies in the Beverages - Non-Alcoholic industry, which is below the industry midpoint. Overall, PepsiCo has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does PepsiCo's EV-to-FCF compare to MNST and KO?
According to the Beverages - Non-Alcoholic industry distribution chart, PepsiCo ranks #47 out of 79 companies for EV-to-FCF. This places PepsiCo in the lower half of its industry. The industry median EV-to-FCF is 21.85. PepsiCo's value of 27.00 is 23.6% above this benchmark. Historically, PepsiCo's own EV-to-FCF has ranged from 20.75 to 57.84 over the past decade. While the company's 10-year median is 35.23 vs. the industry median of 21.85, PepsiCo has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Beverages - Non-Alcoholic company?
The median EV-to-FCF among Beverages - Non-Alcoholic companies is 21.85, based on 79 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PepsiCo's current EV-to-FCF of 27.00 is 23.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on PepsiCo and its competitors. For the Beverages - Non-Alcoholic industry, the median EV-to-FCF is 21.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PepsiCo's current EV-to-FCF is 27.00, which is 23% below median its own 10-year median of 35.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PepsiCo stock overvalued right now?
PepsiCo (XSWX:PEP) has a current EV-to-FCF of 27.00. The stock's GF Value™ is CHF140.64, compared to a current price of CHF115.00 — trading 18.2% below its estimated fair value. The current EV-to-FCF is 27.00, which is 23% below median its 10-year median of 35.23 and 23.6% above the Beverages - Non-Alcoholic industry median of 21.85. PepsiCo's overall GF Score™ is 90/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For PepsiCo (XSWX:PEP), the current EV-to-FCF is 27.00 as of Jun. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is PepsiCo (XSWX:PEP) Overvalued in 2026?

Based on GuruFocus' analysis, PepsiCo stock appears to be undervalued. The current stock price of CHF115.00 is trading 18.2% below its estimated GF Value™ of CHF140.64.

Key valuation signals for XSWX:PEP:

  • EV-to-FCF: 27.00 (23% below median its 10-year median of 35.23)
  • GF Value™: CHF140.64 vs. price of CHF115.00 (18.2% below fair value)
  • GF Score™: 90/100 with 2 warning signs
  • Industry Position: 23.6% above the Beverages - Non-Alcoholic median (#47 of 79)

No single metric tells the full story. See the XSWX:PEP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PepsiCo Business Description

Address 700 Anderson Hill Road, Purchase, NY, USA, 10577
PepsiCo is a global leader in snacks and beverages, owning well-known household brands including Pepsi, Mountain Dew, Gatorade, Lay's, Cheetos, and Doritos, among others. The company dominates the global savory snacks market and also ranks as the second-largest beverage provider in the world (behind Coca-Cola) with diversified exposure to carbonated soft drinks, or CSD, as well as water, sports, and energy drink offerings. Convenience foods account for approximately 58% of its total revenue, with beverages making up the rest. Pepsi owns the bulk of its manufacturing and distribution capacity in the US, but uses bottlers overseas for beverages. International markets made up 41% of total sales and 46% of operating profits before corporate expenses in 2025.
90GF Score

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EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF115.00
Price
CHF140.64
GF Value