Free Cash Flow to Equity (FCFE)
Based on: 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30).
Item | Description | The company |
---|---|---|
FCFE | Free cash flow to equity is the cash flow available to Procter & Gamble 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. | Procter & Gamble Co. FCFE increased from 2021 to 2022 and from 2022 to 2023. |
Price to FCFE Ratio, Current
No. shares of common stock outstanding | 2,353,021,054 |
Selected Financial Data (US$) | |
Free cash flow to equity (FCFE) (in millions) | 16,723) |
FCFE per share | 7.11 |
Current share price (P) | 162.61 |
Valuation Ratio | |
P/FCFE | 22.88 |
Benchmarks | |
P/FCFE, Industry | |
Consumer Staples | 29.90 |
Based on: 10-K (reporting date: 2023-06-30).
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
Based on: 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30).
1 Data adjusted for splits and stock dividends.
3 2023 Calculation
FCFE per share = FCFE ÷ No. shares of common stock outstanding
= 16,723,000,000 ÷ 2,357,306,187 = 7.09
4 Closing price as at the filing date of Procter & Gamble Co. Annual Report.
5 2023 Calculation
P/FCFE = Share price ÷ FCFE per share
= 155.28 ÷ 7.09 = 21.89
Valuation ratio | Description | The company |
---|---|---|
P/FCFE | Price to free cash flow to equity is cash valuation indicator of stockholders’ equity. | Procter & Gamble Co. P/FCFE ratio decreased from 2021 to 2022 and from 2022 to 2023. |