PepsiCo, Inc.

Last Updated
Share Price
$172.15
Market Cap
$238.13B
Dividend Yield
N/A
EPS
$5.49
P/E
31.36

PepsiCo, Inc. manufactures, markets, distributes, and sells various beverages and convenient foods worldwide. The company operates through seven segments: Frito-Lay North America; Quaker Foods North America; PepsiCo Beverages North America; Latin America; Europe; Africa, Middle East and South Asia; and Asia Pacific, Australia and New Zealand and China Region. It provides dips, cheese-flavored snacks, and spreads, as well as corn, potato, and tortilla chips; cereals, rice, pasta, mixes and syrups, granola bars, grits, oatmeal, rice cakes, simply granola, and side dishes; beverage concentrates, fountain syrups, and finished goods; ready-to-drink tea, coffee, and juices; dairy products; and sparkling water makers and related products. It serves wholesale and other distributors, foodservice customers, grocery stores, drug stores, convenience stores, discount/dollar stores, mass merchandisers, membership stores, hard discounters, e-commerce retailers and authorized independent bottlers, and others through a network of direct-store-delivery, customer warehouse, and distributor networks, as well as directly to consumers through e-commerce platforms and retailers. The company was founded in 1898 and is headquartered in Purchase, New York.

0%
Income
  • Revenue $79.47B
  • Gross Profit $42.4B
  • Net Income $7.62B
  • Gross Margin 53.35%
  • Net Margin 9.59%
Cash Flow
  • Free Cash Flow (FCF) $6.99B
  • Free Cash Flow To Equity (FCFE) $-1.71B
  • Dividends Paid $-5.82B
  • Debt Repayment $-8.7B
  • Net Stock Repurchased $106M
Balance Sheet
  • Shareholder Equity $16.04B
  • Debt To Equity (D/E) 475.14%
  • Book Value $16.15B
  • Book Value Per Share (BVPS) $0
  • Return On Invested Capital (ROIC) 17.74%
The financial metrics for PepsiCo, Inc. presented below are for the financial year 2021.
P/E 31.11 Price To Earnings Ratio
P/S 2.98 Price To Sales Ratio
P/B 14.67 Price To Book Ratio
P/CF 20.4 Price To Operating Cash Flow Ratio
P/FCF 33.9 Price To Free Cash Flow Ratio
P/FCFE -138.99 Price To Levered Free Cash Flow Ratio
P/EBT 24.13 Price To Pre-Tax Income
PEG 4.21 Trailing Price/Earnings To Growth Ratio
EV/Sales 3.42 Enterprise Value To Sales Ratio
EBIT/EV 0.04 EBIT To Enterprise Value Ratio
EV/EBITDA 18.34 Enterprise Value to EBITDA Ratio
D/E 4.75 Debt To Equity Ratio
ROE 51.65% Return On Equity
ROIC 17.74% Return On Invested Capital
DPR 76.33% Dividend Payout Ratio
Current Ratio 0.83 Current Liquidity Ratio
EPS Growth 7.39% Earnings Per Share Growth Rate
Graham Number $38.22 Benjamin Graham's Number
Piotroski Score N/A Piotroski F-Score
Beta N/A Beta Coefficient Value
    2021 2020 2019 2018 2017
Revenue $79.47B$70.37B$67.16B$64.66B$63.52B
Cost of Revenue $37.08B$31.8B$29.98B$29.38B$28.8B
Gross Profit $42.4B$38.58B$37.18B$35.28B$34.73B
Gross Profit Margin 53.35%54.82%55.36%54.57%54.67%
Operating Expenses $31.24B$28.5B$26.89B$25.17B$24.45B
Research & Development Expenses (R&D) $0$0$711M$680M$737M
Selling, General & Administrative Expenses (SG&A) $31.24B$28.5B$26.74B$25.17B$24.23B
Other Expenses $0$0$-560M$-677M$-515M
Net Income $7.62B$7.12B$7.31B$12.52B$4.86B
Net Profit Margin 9.59%10.12%10.89%19.35%7.65%
Operating Income $11.16B$10.08B$10.29B$10.11B$10.51B
Other Income & Expenses (Net) $-1.34B$-1.01B$-979M$-921M$-907M
Depreciation & Amortization $3.21B$2.55B$2.43B$2.4B$2.37B
Interest Income $0$0$200M$306M$244M
Interest Expense $1.86B$1.13B$1.14B$1.52B$1.15B
Income Tax Expense $2.14B$1.89B$1.97B$-3.37B$4.69B
Effective Tax Rate 21.81%20.88%21.12%-36.67%48.89%
EBITDA $14.84B$12.69B$12.85B$13.07B$13.07B
EBIT $11.62B$10.14B$10.42B$10.67B$10.7B
EBT N/AN/AN/AN/AN/A
Shares Outstanding 1.38B1.38B1.39B1.42B1.42B
Diluted Shares Outstanding 1.39B1.39B1.41B1.43B1.44B
EPS $5.56$5.16$5.26$8.84$3.42
Diluted EPS $5.53$5.12$5.2$8.78$3.38
    2021 2020 2019 2018 2017
Operating Cash Flow $11.62B$10.61B$9.65B$9.41B$9.99B
Net Income $7.62B$7.12B$7.31B$12.52B$4.86B
Depreciation & Amortization $3.21B$2.55B$2.43B$2.4B$2.37B
Deferred Income Tax $488M$361M$445M$-559M$3.07B
Stock-Based Compensation $301M$264M$237M$256M$292M
Change In Working Capital $718M$2.44B$-2.57B$-10.77B$4.57B
Other Non-Cash Items $-724M$-2.13B$1.79B$5.57B$-5.17B
Cash From Investing $-3.27B$-11.62B$-6.44B$4.56B$-4.4B
Purchases Of Investments $-58M$-1.14B$0$-5.64B$-18.39B
Sales / Maturities of Investments $1.14B$27M$97M$14.34B$16.54B
Property, Plant & Equipment Investments $0$0$0$0$0
Net Acquisitions $108M$-6.37B$-2.46B$-991M$206M
Other Investing Activites $-4.45B$-4.14B$-4.07B$-3.15B$-2.76B
Cash From Financing $-10.78B$3.82B$-8.49B$-13.77B$-4.19B
Debt Repayment $-8.7B$-6.59B$-4.98B$-6.96B$-5.55B
Dividend Payments $-5.82B$-5.51B$-5.3B$-4.93B$-4.47B
Payout Ratio 76.33%77.37%72.52%39.39%92.07%
Net Common Stock Repurchased $106M$2B$3B$2B$2B
Common Stock Repurchased $-106M$-2B$-3B$-2B$-2B
Common Stock Issued $106M$2B$3B$2B$2B
Other Financing Activites $3.84B$17.92B$4.8B$128M$7.84B
Accounts Receivables $0$0$0$0$0
Accounts Payables $1.76B$766M$735M$882M$201M
Inventory $-582M$-516M$-190M$-174M$-168M
Other Working Capital $0$-371M$-2.82B$-245M$10.53B
Capital Expenditure (CAPEX) $-4.63B$-4.24B$-4.23B$-3.28B$-2.97B
Effect Of Foreign Exchange On Cash $-114M$-129M$78M$-98M$47M
Net Change In Cash $-2.55B$2.68B$-5.2B$112M$1.45B
Free Cash Flow (FCF) $6.99B$6.37B$5.42B$6.13B$7.03B
Free Cash Flow To Equity (FCFE) $-1.71B$-220M$435M$-832M$1.48B
    2021 2020 2019 2018 2017
Total Assets $92.38B$92.92B$78.55B$77.65B$79.8B
Total Current Assets $21.78B$23B$17.64B$21.89B$31.03B
Cash & Short-Term Investments $5.99B$9.55B$5.74B$8.99B$19.51B
Cash & Cash Equivalents $5.6B$8.19B$5.51B$8.72B$10.61B
Short-Term Investments $392M$1.37B$229M$272M$8.9B
Net Receivables $8.68B$8.4B$7.82B$7.14B$7.02B
Inventory $4.35B$4.17B$3.34B$3.13B$2.95B
Other Current Assets $2.77B$874M$747M$2.63B$1.55B
Total Non-Current Assets $70.59B$69.92B$60.9B$55.76B$48.78B
Property, Plant & Equipment (PP&E) $24.43B$23.04B$20.85B$17.59B$17.24B
Goodwill & Intangible Assets $37.05B$38.07B$31.54B$30.63B$28.58B
Goodwill $18.38B$18.76B$15.5B$14.81B$14.74B
Intangible Assets $18.66B$19.32B$16.04B$15.82B$13.84B
Long-Term Investments $2.63B$2.79B$2.68B$2.41B$2.04B
Other Non-Current Assets $2.18B$1.64B$1.73B$1.63B$-2.33B
Other Assets $0$0$0$0$0
Total Liabilities $76.23B$79.37B$63.76B$63.13B$68.92B
Total Current Liabilities $26.22B$23.37B$20.46B$22.14B$20.5B
Accounts Payables $9.83B$8.85B$8.01B$7.21B$6.73B
Short-Term Debt $4.75B$4.24B$72M$73M$1.47B
Deferred Revenue $0$0$4.36B$4.36B$3.24B
Other Current Liabilities $11.63B$10.28B$8.02B$10.49B$9.07B
Total Non-Current Liabilities $50.01B$55.99B$43.3B$40.99B$48.41B
Long-Term Debt $36.03B$40.37B$29.15B$28.3B$33.8B
Other Non-Current Liabilities $9.15B$11.34B$10.06B$9.2B$11.38B
Total Debt $40.78B$44.61B$29.22B$28.37B$35.26B
Total Shareholder Equity $16.04B$13.45B$14.79B$14.52B$10.89B
Common Stock $23M$23M$23M$23M$-28.74B
Retained Earnings $65.17B$63.44B$61.95B$59.95B$52.84B
Accumulated Other Comprehensive Income Loss (AOCL) $-14.9B$-15.48B$-14.3B$-15.12B$-13.06B
Other Shareholder Equity $0$-34.54B$-32.88B$-30.33B$-197M
Total Investments $3.02B$4.16B$2.91B$2.68B$10.94B
Net Debt $35.18B$36.42B$23.71B$19.65B$24.65B
Book Value $16.15B$13.55B$14.79B$14.52B$10.89B

Discounted Cash Flow

Use the Discounted Cash Flow (DCF) tool to estimate the intrinsic value of PepsiCo, Inc. stock.

Assumptions
Forecast Period
Required Return
  Low Mid High
Revenue Growth
FCFE Margin
Perpetual Growth
Terminal P/FCFE
Assumptions

The number of assumptions to make for each forecast.

Forecast Period

The number of years to forecast future cash flows. These future cash flows are used to determine the intrinsic present value for the stock.

It is generally recommended to select a longer period for more established companies with stable financial histories.

Forecast Period

The compounding annual rate of return required, according to your investment objectives. This is used to discount back future cash flows.

Revenue Growth

Estimate the annual compounding revenue growth rate. You can use the historical compounding annual growth rates provided below as a guide.

  • 1 Year 12.13%
  • 3 Years 6.65%
  • 5 Years 5.32%
  • 10 Years 5.32%
Levered Free Cash Flow Margin

Estimate levered free cash flow (FCFE) as a percentage of revenue. You can use the historical margins provided below as a guide.

  • 1 Year -2.15%
  • 3 Years -0.6%
  • 5 Years -0.16%
  • 10 Years -0.16%
Perpetual Growth Rate

Estimate the compounding annual growth rate at which revenues will grow in perpetuity after the forecast period. This is the first method used to calculate the terminal value.

Values of between 2% and 5% are generally recommended.

Price To Levered Free Cash Flow

Estimate the price to levered free cash flow (P/FCFE) for the stock after the forecast period. This is the second method used to calculate the terminal value.

This method for calculating the terminal value can be preferred for shorter forecast periods. You can use the historical rations provided below as a guide.

  • 1 Year -138.99
  • 3 Years -207.68
  • 5 Years -139.45
  • 10 Years -139.45
Chief Executive Officer (CEO) Mr. Ramon Laguarta
Full-Time Employees 309K
Industry Beverages—Non-Alcoholic
Sector Consumer Defensive
Country US
Website https://www.pepsico.com

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