Company Valuation: PepsiCo, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 239,843 255,191 235,666 212,201 196,596 185,019 - -
Change - 6.4% -7.65% -9.96% -7.35% -5.89% - -
Enterprise Value (EV) 1 274,189 288,914 269,768 247,241 236,248 223,634 222,817 222,003
Change - 5.37% -6.63% -8.35% -4.45% -5.34% -0.37% -0.37%
P/E 31.2x 28.5x 25.8x 22x 24x 16.3x 16.5x 15.6x
PBR 14.8x 14.7x 12.6x 11.6x 9.63x 8.05x 7.18x 6.67x
PEG - 1.7x 11.83x 3.7x -1.8x 0.4x -17.26x 2.63x
Capitalization / Revenue 3.02x 2.95x 2.58x 2.31x 2.09x 1.86x 1.82x 1.76x
EV / Revenue 3.45x 3.34x 2.95x 2.69x 2.52x 2.25x 2.19x 2.11x
EV / EBITDA 19.4x 19.1x 16x 13.8x 12.9x 11.7x 11.4x 10.8x
EV / EBIT 24x 23.4x 19.4x 16.8x 15.8x 14.5x 14x 13.3x
EV / FCF 39.2x 51.6x 34x 34.4x 30.8x 21.3x 18.8x 17.3x
FCF Yield 2.55% 1.94% 2.94% 2.91% 3.25% 4.69% 5.33% 5.78%
Dividend per Share 2 4.248 4.525 4.945 - 5.622 5.853 6.151 6.528
Rate of return 2.48% 2.47% 2.92% - 3.91% 4.31% 4.53% 4.81%
EPS 2 5.49 6.42 6.56 6.95 6 8.308 8.228 8.716
Distribution rate 77.4% 70.5% 75.4% - 93.7% 70.5% 74.8% 74.9%
Net sales 1 79,474 86,392 91,471 91,854 93,925 99,301 101,773 105,151
EBITDA 1 14,124 15,088 16,823 17,858 18,363 19,050 19,587 20,590
EBIT 1 11,414 12,325 13,875 14,698 14,912 15,473 15,909 16,715
Net income 1 7,618 8,910 9,074 9,578 8,240 11,376 11,183 11,882
Net Debt 1 34,346 33,723 34,102 35,040 39,652 38,614 37,798 36,983
Reference price 2 171.47 183.07 169.40 152.89 143.78 135.77 135.77 135.77
Nbr of stocks (in thousands) 1,398,745 1,393,956 1,391,178 1,387,929 1,367,340 1,362,741 - -
Announcement Date 2/10/22 A 2/9/23 A 2/9/24 A 2/4/25 A 2/3/26 A - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
27.58x8.52x24.35x2.29% 399B
16.34x2.25x11.74x4.31% 185B
40.13x8.92x28.91x-.--% 90.49B
22.17x6.39x14.25x3.19% 59.54B
22.78x2.5x13.8x2.21% 49.49B
21.27x2.86x11x2.7% 47.19B
17.44x1.61x7.96x3.7% 24.81B
19x1.66x10.37x2.41% 22.23B
18.4x1.6x7.88x4.41% 19.85B
Average 22.79x 4.03x 14.47x 2.8% 99.72B
Weighted average by Cap. 24.88x 5.98x 19.09x 2.64%

Y-o-Y evolution of P/E

Valuation ratios - P/E - PepsiCo, Inc.

Historical PBR trend

Valuation ratios - PBR - PepsiCo, Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - PepsiCo, Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - PepsiCo, Inc.


Year-on-year evolution of the Yield

Valuation ratios - Yield - PepsiCo, Inc.