Kraft Heinz Co. (KHC)

Kraft Heinz Co., FCFE calculation

USD $ in millions

	12 months ended	Dec 29, 2018	Dec 30, 2017	Dec 31, 2016	Dec 31, 2015
	Net income (loss) attributable to Kraft Heinz
	Net (income) loss attributable to noncontrolling interest
	Net noncash charges
	Changes in current assets and liabilities
	Net cash provided by operating activities
	Capital expenditures
	Repayments of long-term debt
	Proceeds from issuance of long-term debt
	Proceeds from issuance of commercial paper
	Repayments of commercial paper
	Free cash flow to equity (FCFE)

Based on: 10-K (filing date: 2019-06-07), 10-K (filing date: 2018-02-16), 10-K (filing date: 2017-02-23), 10-K (filing date: 2016-03-03).

Kraft Heinz Co., current P/FCFE calculation, comparison to benchmarks

No. shares of common stock outstanding
Selected Financial Data (USD $)
Free cash flow to equity (FCFE) (in millions)
FCFE per share
Current share price (P)
Ratio
P/FCFE
Benchmarks
P/FCFE, Competitors
General Mills Inc.
Mondelēz International Inc.
P/FCFE, Sector
Food Producers
P/FCFE, Industry
Consumer Goods

Based on: 10-K (filing date: 2019-06-07).

If company P/FCFE is lower then the P/FCFE of benchmark then company is relatively undervalued.

Otherwise, if company P/FCFE is higher then the P/FCFE of benchmark then company is relatively overvalued.

Kraft Heinz Co., historical P/FCFE calculation, comparison to benchmarks

		Dec 29, 2018	Dec 30, 2017	Dec 31, 2016	Dec 31, 2015
	No. shares of common stock outstanding1
	Selected Financial Data (USD $)
	Free cash flow to equity (FCFE) (in millions)2
	FCFE per share4
	Share price1, 3
	Ratio
	P/FCFE5
	Benchmarks
	P/FCFE, Competitors
	General Mills Inc.
	Mondelēz International Inc.
	P/FCFE, Sector
	Food Producers
	P/FCFE, Industry
	Consumer Goods

Based on: 10-K (filing date: 2019-06-07), 10-K (filing date: 2018-02-16), 10-K (filing date: 2017-02-23), 10-K (filing date: 2016-03-03).

2018 Calculations