Company Valuation: PepsiCo, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 239,843 255,191 235,666 212,201 196,596 173,477 - -
Change - 6.4% -7.65% -9.96% -7.35% -11.76% - -
Enterprise Value (EV) 1 274,189 288,914 269,768 247,241 236,248 211,862 211,165 210,282
Change - 5.37% -6.63% -8.35% -4.45% -10.32% -0.33% -0.42%
P/E 31.2x 28.5x 25.8x 22x 24x 15.3x 15.5x 14.6x
PBR 14.8x 14.7x 12.6x 11.6x 9.63x 7.55x 6.73x 6.25x
PEG - 1.7x 11.83x 3.7x -1.8x 0.4x -16.22x 2.46x
Capitalization / Revenue 3.02x 2.95x 2.58x 2.31x 2.09x 1.75x 1.7x 1.65x
EV / Revenue 3.45x 3.34x 2.95x 2.69x 2.52x 2.13x 2.07x 2x
EV / EBITDA 19.4x 19.1x 16x 13.8x 12.9x 11.1x 10.7x 10.2x
EV / EBIT 24x 23.4x 19.4x 16.8x 15.8x 13.7x 13.2x 12.5x
EV / FCF 39.2x 51.6x 34x 34.4x 30.8x 20.4x 18.1x 16.9x
FCF Yield 2.55% 1.94% 2.94% 2.91% 3.25% 4.9% 5.51% 5.92%
Dividend per Share 2 4.248 4.525 4.945 - 5.622 5.854 6.15 6.527
Rate of return 2.48% 2.47% 2.92% - 3.91% 4.6% 4.83% 5.13%
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% 74.7% 74.9%
Net sales 1 79,474 86,392 91,471 91,854 93,925 99,304 101,798 105,195
EBITDA 1 14,124 15,088 16,823 17,858 18,363 19,059 19,663 20,679
EBIT 1 11,414 12,325 13,875 14,698 14,912 15,479 15,975 16,790
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 38,385 37,688 36,806
Reference price 2 171.47 183.07 169.40 152.89 143.78 127.30 127.30 127.30
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 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.($)
15.32x2.13x11.12x4.6% 173B
26.84x8.29x23.77x2.36% 388B
37.61x8.35x27.03x-.--% 84.85B
22.23x6.41x14.3x3.18% 59.55B
21.57x2.39x13.2x2.33% 46.85B
20x2.78x10.7x2.84% 44.44B
16.57x1.54x7.62x3.77% 24.29B
17.86x1.57x9.79x2.56% 20.9B
17.32x1.51x7.41x4.73% 18.86B
10.28x1.83x9.92x4.06% 15.85B
Average 20.56x 3.68x 13.49x 3.04% 87.68B
Weighted average by Cap. 23.66x 5.75x 18.33x 2.78%

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.
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