Stock Analysis on Net

Costco Wholesale Corp. (NASDAQ:COST)

$24.99

Price to FCFE (P/FCFE)

Microsoft Excel

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Free Cash Flow to Equity (FCFE)

Costco Wholesale Corp., FCFE calculation

US$ in millions

Microsoft Excel
12 months ended: Sep 1, 2024 Sep 3, 2023 Aug 28, 2022 Aug 29, 2021 Aug 30, 2020 Sep 1, 2019
Net income attributable to Costco
Net income attributable to noncontrolling interests
Net noncash charges
Changes in operating assets and liabilities
Net cash provided by operating activities
Additions to property and equipment
Repayments of short-term borrowings
Proceeds from short-term borrowings
Repayments of long-term debt
Proceeds from issuance of long-term debt
Financing lease payments and other financing activities, net
Free cash flow to equity (FCFE)

Based on: 10-K (reporting date: 2024-09-01), 10-K (reporting date: 2023-09-03), 10-K (reporting date: 2022-08-28), 10-K (reporting date: 2021-08-29), 10-K (reporting date: 2020-08-30), 10-K (reporting date: 2019-09-01).

Item Description The company
FCFE Free cash flow to equity is the cash flow available to Costco Wholesale Corp. equity holders after all operating expenses, interest, and principal payments have been paid and necessary investments in working and fixed capital have been made. Costco Wholesale Corp. FCFE increased from 2022 to 2023 but then slightly decreased from 2023 to 2024.

Price to FCFE Ratio, Current

Costco Wholesale Corp., current P/FCFE calculation, comparison to benchmarks

Microsoft Excel
No. shares of common stock outstanding
Selected Financial Data (US$)
Free cash flow to equity (FCFE) (in millions)
FCFE per share
Current share price (P)
Valuation Ratio
P/FCFE
Benchmarks
P/FCFE, Competitors1
Target Corp.
Walmart Inc.
P/FCFE, Sector
Consumer Staples Distribution & Retail
P/FCFE, Industry
Consumer Staples

Based on: 10-K (reporting date: 2024-09-01).

1 Click competitor name to see calculations.

If the company P/FCFE is lower then the P/FCFE of benchmark then company is relatively undervalued.
Otherwise, if the company P/FCFE is higher then the P/FCFE of benchmark then company is relatively overvalued.


Price to FCFE Ratio, Historical

Costco Wholesale Corp., historical P/FCFE calculation, comparison to benchmarks

Microsoft Excel
Sep 1, 2024 Sep 3, 2023 Aug 28, 2022 Aug 29, 2021 Aug 30, 2020 Sep 1, 2019
No. shares of common stock outstanding1
Selected Financial Data (US$)
Free cash flow to equity (FCFE) (in millions)2
FCFE per share3
Share price1, 4
Valuation Ratio
P/FCFE5
Benchmarks
P/FCFE, Competitors6
Target Corp.
Walmart Inc.
P/FCFE, Sector
Consumer Staples Distribution & Retail
P/FCFE, Industry
Consumer Staples

Based on: 10-K (reporting date: 2024-09-01), 10-K (reporting date: 2023-09-03), 10-K (reporting date: 2022-08-28), 10-K (reporting date: 2021-08-29), 10-K (reporting date: 2020-08-30), 10-K (reporting date: 2019-09-01).

1 Data adjusted for splits and stock dividends.

2 See details »

3 2024 Calculation
FCFE per share = FCFE ÷ No. shares of common stock outstanding
= ÷ =

4 Closing price as at the filing date of Costco Wholesale Corp. Annual Report.

5 2024 Calculation
P/FCFE = Share price ÷ FCFE per share
= ÷ =

6 Click competitor name to see calculations.

Valuation ratio Description The company
P/FCFE Price to free cash flow to equity is cash valuation indicator of stockholders’ equity. Costco Wholesale Corp. P/FCFE ratio decreased from 2022 to 2023 but then increased from 2023 to 2024 not reaching 2022 level.