Company Valuation: PepsiCo, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 239,843 255,191 235,666 212,201 196,596 171,581 - -
Change - 6.4% -7.65% -9.96% -7.35% -12.72% - -
Enterprise Value (EV) 1 274,189 288,914 269,768 247,241 236,248 209,919 209,302 208,438
Change - 5.37% -6.63% -8.35% -4.45% -11.14% -0.29% -0.41%
P/E 31.2x 28.5x 25.8x 22x 24x 14.7x 14.8x 14.1x
PBR 14.8x 14.7x 12.6x 11.6x 9.63x 7.2x 6.47x 5.97x
PEG - 1.7x 11.83x 3.7x -1.8x 0.3x -17.24x 2.75x
Capitalization / Revenue 3.02x 2.95x 2.58x 2.31x 2.09x 1.74x 1.69x 1.63x
EV / Revenue 3.45x 3.34x 2.95x 2.69x 2.52x 2.12x 2.06x 1.98x
EV / EBITDA 19.4x 19.1x 16x 13.8x 12.9x 10.8x 10.5x 9.89x
EV / EBIT 24x 23.4x 19.4x 16.8x 15.8x 13.2x 12.8x 12.1x
EV / FCF 39.2x 51.6x 34x 34.4x 30.8x 20x 18x 16.6x
FCF Yield 2.55% 1.94% 2.94% 2.91% 3.25% 5.01% 5.57% 6.04%
Dividend per Share 2 4.248 4.525 4.945 - 5.622 5.856 6.141 6.516
Rate of return 2.48% 2.47% 2.92% - 3.91% 4.66% 4.89% 5.18%
EPS 2 5.49 6.42 6.56 6.95 6 8.544 8.471 8.906
Distribution rate 77.4% 70.5% 75.4% - 93.7% 68.5% 72.5% 73.2%
Net sales 1 79,474 86,392 91,471 91,854 93,925 98,874 101,614 105,220
EBITDA 1 14,124 15,088 16,823 17,858 18,363 19,370 20,018 21,066
EBIT 1 11,414 12,325 13,875 14,698 14,912 15,872 16,412 17,226
Net income 1 7,618 8,910 9,074 9,578 8,240 11,391 11,377 12,015
Net Debt 1 34,346 33,723 34,102 35,040 39,652 38,338 37,721 36,857
Reference price 2 171.47 183.07 169.40 152.89 143.78 125.71 125.71 125.71
Nbr of stocks (in thousands) 1,398,745 1,393,956 1,391,178 1,387,929 1,367,340 1,364,892 - -
Announcement Date 2/10/22 2/9/23 2/9/24 2/4/25 2/3/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
25.81x8x22.89x2.46% 372B
14.71x2.12x10.84x4.66% 171B
37.8x8.39x27.17x-.--% 85.24B
20.41x2.29x12.62x2.47% 44.38B
18.93x2.69x10.45x3.04% 42.04B
15.5x1.45x7.18x4.03% 22.72B
17.44x1.54x9.65x2.64% 20.5B
16.42x1.43x7.06x4.99% 18.11B
43.57x5.76x24.98x0.43% 15.44B
Average 23.40x 3.74x 14.76x 2.74% 88.02B
Weighted average by Cap. 23.65x 5.62x 18.39x 2.77%

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.