Stock Analysis on Net

Monsanto Co. (NYSE:MON)

This company has been moved to the archive! The financial data has not been updated since April 5, 2018.

Price to FCFE (P/FCFE) 

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Free Cash Flow to Equity (FCFE)

Monsanto Co., FCFE calculation

US$ in millions

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12 months ended: Aug 31, 2017 Aug 31, 2016 Aug 31, 2015 Aug 31, 2014 Aug 31, 2013 Aug 31, 2012
Net income attributable to Monsanto Company 2,260 1,336 2,314 2,740 2,482 2,045
Net (income) loss attributable to noncontrolling interest 13 (23) 11 22 43 48
Net noncash charges 1,042 1,233 956 924 728 1,070
Changes in assets and liabilities that provided (required) cash, net of acquisitions (89) 42 (173) (632) (513) (112)
Net cash provided by operating activities 3,226 2,588 3,108 3,054 2,740 3,051
Capital expenditures (1,240) (923) (967) (1,005) (741) (646)
Net change in financing with less than 90-day maturities (695) 676 45 38 104 (116)
Short-term debt proceeds 72 49 57 50 22 30
Short-term debt reductions (54) (272) (36) (24) (29) (42)
Long-term debt proceeds 601 9 1,279 5,479 32 499
Long-term debt reductions (1,019) (306) (107) (7) (2) (629)
Payments on other financing (39)
Debt issuance costs (2) (12) (53) (5)
Free cash flow to equity (FCFE) 889 1,821 3,367 7,493 2,126 2,142

Based on: 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31), 10-K (reporting date: 2013-08-31), 10-K (reporting date: 2012-08-31).

Item Description The company
FCFE Free cash flow to equity is the cash flow available to Monsanto Co. equity holders after all operating expenses, interest, and principal payments have been paid and necessary investments in working and fixed capital have been made. Monsanto Co. FCFE decreased from 2015 to 2016 and from 2016 to 2017.

Price to FCFE Ratio, Current

Monsanto Co., current P/FCFE calculation, comparison to benchmarks

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No. shares of common stock outstanding 441,283,987
Selected Financial Data (US$)
Free cash flow to equity (FCFE) (in millions) 889
FCFE per share 2.01
Current share price (P) 118.05
Valuation Ratio
P/FCFE 58.60
Benchmarks
P/FCFE, Competitors1
lululemon athletica inc. 176.91
Nike Inc. 34.25

Based on: 10-K (reporting date: 2017-08-31).

1 Click competitor name to see calculations.

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


Price to FCFE Ratio, Historical

Monsanto Co., historical P/FCFE calculation, comparison to benchmarks

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Aug 31, 2017 Aug 31, 2016 Aug 31, 2015 Aug 31, 2014 Aug 31, 2013 Aug 31, 2012
No. shares of common stock outstanding1 440,199,969 437,982,595 439,837,164 484,073,332 525,837,818 534,598,091
Selected Financial Data (US$)
Free cash flow to equity (FCFE) (in millions)2 889 1,821 3,367 7,493 2,126 2,142
FCFE per share3 2.02 4.16 7.66 15.48 4.04 4.01
Share price1, 4 121.52 102.49 93.73 112.18 107.62 88.69
Valuation Ratio
P/FCFE5 60.17 24.65 12.24 7.25 26.62 22.14
Benchmarks
P/FCFE, Competitors6
lululemon athletica inc.
Nike Inc.

Based on: 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31), 10-K (reporting date: 2013-08-31), 10-K (reporting date: 2012-08-31).

1 Data adjusted for splits and stock dividends.

2 See details »

3 2017 Calculation
FCFE per share = FCFE ÷ No. shares of common stock outstanding
= 889,000,000 ÷ 440,199,969 = 2.02

4 Closing price as at the filing date of Monsanto Co. Annual Report.

5 2017 Calculation
P/FCFE = Share price ÷ FCFE per share
= 121.52 ÷ 2.02 = 60.17

6 Click competitor name to see calculations.

Valuation ratio Description The company
P/FCFE Price to free cash flow to equity is cash valuation indicator of stockholders’ equity. Monsanto Co. P/FCFE ratio increased from 2015 to 2016 and from 2016 to 2017.