Free Cash Flow to Equity (FCFE)
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
Item | Description | The company |
---|---|---|
FCFE | Free cash flow to equity is the cash flow available to Coca-Cola Co. equity holders after all operating expenses, interest, and principal payments have been paid and necessary investments in working and fixed capital have been made. | Coca-Cola Co. FCFE increased from 2022 to 2023 but then decreased significantly from 2023 to 2024. |
Price to FCFE Ratio, Current
No. shares of common stock outstanding | 4,301,000,395 |
Selected Financial Data (US$) | |
Free cash flow to equity (FCFE) (in millions) | 7,309) |
FCFE per share | 1.70 |
Current share price (P) | 70.37 |
Valuation Ratio | |
P/FCFE | 41.41 |
Benchmarks | |
P/FCFE, Competitors1 | |
Mondelēz International Inc. | 38.14 |
PepsiCo Inc. | 24.89 |
Philip Morris International Inc. | 26.37 |
P/FCFE, Sector | |
Food, Beverage & Tobacco | 30.99 |
P/FCFE, Industry | |
Consumer Staples | 35.25 |
Based on: 10-K (reporting date: 2024-12-31).
1 Click competitor name to see calculations.
If the company P/FCFE is lower then the P/FCFE of benchmark then company is relatively undervalued.
Otherwise, if the company P/FCFE is higher then the P/FCFE of benchmark then company is relatively overvalued.
Price to FCFE Ratio, Historical
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
No. shares of common stock outstanding1 | 4,301,000,395 | 4,312,456,168 | 4,326,691,783 | 4,335,473,308 | 4,309,311,676 | |
Selected Financial Data (US$) | ||||||
Free cash flow to equity (FCFE) (in millions)2 | 7,309) | 11,678) | 8,651) | 11,594) | 6,994) | |
FCFE per share3 | 1.70 | 2.71 | 2.00 | 2.67 | 1.62 | |
Share price1, 4 | 70.04 | 60.70 | 59.80 | 62.28 | 50.17 | |
Valuation Ratio | ||||||
P/FCFE5 | 41.22 | 22.42 | 29.91 | 23.29 | 30.91 | |
Benchmarks | ||||||
P/FCFE, Competitors6 | ||||||
Mondelēz International Inc. | 32.34 | — | 14.10 | 30.57 | 20.76 | |
PepsiCo Inc. | 23.92 | 17.88 | 47.17 | 77.00 | 10.51 | |
Philip Morris International Inc. | 24.69 | 11.93 | 6.64 | 20.46 | 15.06 | |
P/FCFE, Sector | ||||||
Food, Beverage & Tobacco | 29.59 | 20.54 | 16.95 | 29.54 | 16.45 | |
P/FCFE, Industry | ||||||
Consumer Staples | 32.13 | 24.26 | 25.33 | 24.84 | 18.28 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
1 Data adjusted for splits and stock dividends.
3 2024 Calculation
FCFE per share = FCFE ÷ No. shares of common stock outstanding
= 7,309,000,000 ÷ 4,301,000,395 = 1.70
4 Closing price as at the filing date of Coca-Cola Co. Annual Report.
5 2024 Calculation
P/FCFE = Share price ÷ FCFE per share
= 70.04 ÷ 1.70 = 41.22
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. | Coca-Cola Co. P/FCFE ratio decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level. |