PEPSICO INC (PEP) Fundamental Analysis & Valuation

NASDAQ:PEP • US7134481081

Current stock price

155.72 USD
-0.16 (-0.1%)
At close:
155.718 USD
0 (0%)
After Hours:

This PEP fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

7

1. PEP Profitability Analysis

1.1 Basic Checks

  • In the past year PEP was profitable.
  • In the past year PEP had a positive cash flow from operations.
  • In the past 5 years PEP has always been profitable.
  • PEP had a positive operating cash flow in each of the past 5 years.
PEP Yearly Net Income VS EBIT VS OCF VS FCFPEP Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B

1.2 Ratios

  • The Return On Assets of PEP (7.67%) is better than 64.71% of its industry peers.
  • Looking at the Return On Equity, with a value of 40.38%, PEP belongs to the top of the industry, outperforming 94.12% of the companies in the same industry.
  • PEP has a Return On Invested Capital of 16.14%. This is amongst the best in the industry. PEP outperforms 85.29% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for PEP is above the industry average of 11.80%.
  • The 3 year average ROIC (15.94%) for PEP is below the current ROIC(16.14%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 7.67%
ROE 40.38%
ROIC 16.14%
ROA(3y)8.78%
ROA(5y)8.85%
ROE(3y)47.5%
ROE(5y)48.39%
ROIC(3y)15.94%
ROIC(5y)15.39%
PEP Yearly ROA, ROE, ROICPEP Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60 80

1.3 Margins

  • With a decent Profit Margin value of 8.77%, PEP is doing good in the industry, outperforming 61.76% of the companies in the same industry.
  • In the last couple of years the Profit Margin of PEP has declined.
  • PEP has a better Operating Margin (15.87%) than 67.65% of its industry peers.
  • In the last couple of years the Operating Margin of PEP has remained more or less at the same level.
  • Looking at the Gross Margin, with a value of 54.46%, PEP is in the better half of the industry, outperforming 70.59% of the companies in the same industry.
  • In the last couple of years the Gross Margin of PEP has remained more or less at the same level.
Industry RankSector Rank
OM 15.87%
PM (TTM) 8.77%
GM 54.46%
OM growth 3Y3.16%
OM growth 5Y1.06%
PM growth 3Y-5.25%
PM growth 5Y-2.81%
GM growth 3Y0.62%
GM growth 5Y-0.16%
PEP Yearly Profit, Operating, Gross MarginsPEP Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40 50

3

2. PEP Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so PEP is creating value.
  • PEP has less shares outstanding than it did 1 year ago.
  • The number of shares outstanding for PEP has been reduced compared to 5 years ago.
  • PEP has a worse debt/assets ratio than last year.
PEP Yearly Shares OutstandingPEP Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B
PEP Yearly Total Debt VS Total AssetsPEP Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20B 40B 60B 80B 100B

2.2 Solvency

  • PEP has an Altman-Z score of 3.70. This indicates that PEP is financially healthy and has little risk of bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 3.70, PEP is in the better half of the industry, outperforming 70.59% of the companies in the same industry.
  • PEP has a debt to FCF ratio of 6.41. This is a slightly negative value and a sign of low solvency as PEP would need 6.41 years to pay back of all of its debts.
  • With a Debt to FCF ratio value of 6.41, PEP perfoms like the industry average, outperforming 58.82% of the companies in the same industry.
  • A Debt/Equity ratio of 2.07 is on the high side and indicates that PEP has dependencies on debt financing.
  • The Debt to Equity ratio of PEP (2.07) is worse than 85.29% of its industry peers.
Industry RankSector Rank
Debt/Equity 2.07
Debt/FCF 6.41
Altman-Z 3.7
ROIC/WACC2.05
WACC7.87%
PEP Yearly LT Debt VS Equity VS FCFPEP Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B 40B

2.3 Liquidity

  • PEP has a Current Ratio of 0.85. This is a bad value and indicates that PEP is not financially healthy enough and could expect problems in meeting its short term obligations.
  • PEP has a worse Current ratio (0.85) than 70.59% of its industry peers.
  • A Quick Ratio of 0.67 indicates that PEP may have some problems paying its short term obligations.
  • PEP has a Quick ratio of 0.67. This is comparable to the rest of the industry: PEP outperforms 41.18% of its industry peers.
Industry RankSector Rank
Current Ratio 0.85
Quick Ratio 0.67
PEP Yearly Current Assets VS Current LiabilitesPEP Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B

3

3. PEP Growth Analysis

3.1 Past

  • PEP shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -0.12%.
  • The Earnings Per Share has been growing by 8.10% on average over the past years. This is quite good.
  • Looking at the last year, PEP shows a small growth in Revenue. The Revenue has grown by 2.25% in the last year.
  • PEP shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.94% yearly.
EPS 1Y (TTM)-0.12%
EPS 3Y6.27%
EPS 5Y8.1%
EPS Q2Q%15.31%
Revenue 1Y (TTM)2.25%
Revenue growth 3Y2.83%
Revenue growth 5Y5.94%
Sales Q2Q%5.61%

3.2 Future

  • The Earnings Per Share is expected to grow by 4.96% on average over the next years.
  • PEP is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.63% yearly.
EPS Next Y6.9%
EPS Next 2Y6.79%
EPS Next 3Y6.87%
EPS Next 5Y4.96%
Revenue Next Year5.38%
Revenue Next 2Y4.29%
Revenue Next 3Y4.12%
Revenue Next 5Y3.63%

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
PEP Yearly Revenue VS EstimatesPEP Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 20B 40B 60B 80B 100B
PEP Yearly EPS VS EstimatesPEP Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 2 4 6 8 10

3

4. PEP Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 19.11 indicates a rather expensive valuation of PEP.
  • Compared to the rest of the industry, the Price/Earnings ratio of PEP is on the same level as its industry peers.
  • PEP is valuated rather cheaply when we compare the Price/Earnings ratio to 27.34, which is the current average of the S&P500 Index.
  • PEP is valuated rather expensively with a Price/Forward Earnings ratio of 17.87.
  • PEP's Price/Forward Earnings is on the same level as the industry average.
  • When comparing the Price/Forward Earnings ratio of PEP to the average of the S&P500 Index (38.18), we can say PEP is valued rather cheaply.
Industry RankSector Rank
PE 19.11
Fwd PE 17.87
PEP Price Earnings VS Forward Price EarningsPEP Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • PEP's Enterprise Value to EBITDA ratio is in line with the industry average.
  • PEP's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 27.75
EV/EBITDA 13.75
PEP Per share dataPEP EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 40 60

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • PEP has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)2.77
PEG (5Y)2.36
EPS Next 2Y6.79%
EPS Next 3Y6.87%

6

5. PEP Dividend Analysis

5.1 Amount

  • PEP has a Yearly Dividend Yield of 3.61%. Purely for dividend investing, there may be better candidates out there.
  • PEP's Dividend Yield is rather good when compared to the industry average which is at 1.75. PEP pays more dividend than 85.29% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.82, PEP pays a better dividend.
Industry RankSector Rank
Dividend Yield 3.61%

5.2 History

  • The dividend of PEP is nicely growing with an annual growth rate of 7.00%!
  • PEP has been paying a dividend for at least 10 years, so it has a reliable track record.
  • PEP has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)7%
Div Incr Years34
Div Non Decr Years34
PEP Yearly Dividends per sharePEP Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1 2 3 4 5

5.3 Sustainability

  • PEP pays out 92.69% of its income as dividend. This is not a sustainable payout ratio.
  • The dividend of PEP is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP92.69%
EPS Next 2Y6.79%
EPS Next 3Y6.87%
PEP Yearly Income VS Free CF VS DividendPEP Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B 10B
PEP Dividend Payout.PEP Dividend Payout, showing the Payout Ratio.PEP Dividend Payout.PayoutRetained Earnings

PEP Fundamentals: All Metrics, Ratios and Statistics

PEPSICO INC

NASDAQ:PEP (4/14/2026, 8:00:01 PM)

After market: 155.718 0 (0%)

155.72

-0.16 (-0.1%)

Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryBeverages
Earnings (Last)02-03
Earnings (Next)04-16
Inst Owners79.74%
Inst Owner Change-4.52%
Ins Owners0.19%
Ins Owner Change6.06%
Market Cap212.86B
Revenue(TTM)93.92B
Net Income(TTM)8.24B
Analysts70.34
Price Target173.61 (11.49%)
Short Float %1.5%
Short Ratio2.71
Dividend
Industry RankSector Rank
Dividend Yield 3.61%
Yearly Dividend5.58
Dividend Growth(5Y)7%
DP92.69%
Div Incr Years34
Div Non Decr Years34
Ex-Date03-06
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)0.22%
Min EPS beat(2)0.01%
Max EPS beat(2)0.43%
EPS beat(4)3
Avg EPS beat(4)0.61%
Min EPS beat(4)-1.39%
Max EPS beat(4)3.41%
EPS beat(8)5
Avg EPS beat(8)1.49%
EPS beat(12)9
Avg EPS beat(12)2.51%
EPS beat(16)13
Avg EPS beat(16)2.86%
Revenue beat(2)1
Avg Revenue beat(2)-0.13%
Min Revenue beat(2)-0.53%
Max Revenue beat(2)0.28%
Revenue beat(4)2
Avg Revenue beat(4)0.15%
Min Revenue beat(4)-0.53%
Max Revenue beat(4)1%
Revenue beat(8)2
Avg Revenue beat(8)-0.61%
Revenue beat(12)4
Avg Revenue beat(12)-0.35%
Revenue beat(16)8
Avg Revenue beat(16)0.58%
PT rev (1m)0.34%
PT rev (3m)6.93%
EPS NQ rev (1m)0.09%
EPS NQ rev (3m)-2.44%
EPS NY rev (1m)-0.02%
EPS NY rev (3m)0.84%
Revenue NQ rev (1m)0.06%
Revenue NQ rev (3m)1.17%
Revenue NY rev (1m)-0.04%
Revenue NY rev (3m)1.61%
Valuation
Industry RankSector Rank
PE 19.11
Fwd PE 17.87
P/S 2.27
P/FCF 27.75
P/OCF 17.61
P/B 10.43
P/tB N/A
EV/EBITDA 13.75
EPS(TTM)8.15
EY5.23%
EPS(NY)8.71
Fwd EY5.6%
FCF(TTM)5.61
FCFY3.6%
OCF(TTM)8.84
OCFY5.68%
SpS68.71
BVpS14.93
TBVpS-9.93
PEG (NY)2.77
PEG (5Y)2.36
Graham Number52.32
Profitability
Industry RankSector Rank
ROA 7.67%
ROE 40.38%
ROCE 19.98%
ROIC 16.14%
ROICexc 18.5%
ROICexgc 38.69%
OM 15.87%
PM (TTM) 8.77%
GM 54.46%
FCFM 8.17%
ROA(3y)8.78%
ROA(5y)8.85%
ROE(3y)47.5%
ROE(5y)48.39%
ROIC(3y)15.94%
ROIC(5y)15.39%
ROICexc(3y)18.34%
ROICexc(5y)17.38%
ROICexgc(3y)38.14%
ROICexgc(5y)38.28%
ROCE(3y)20.53%
ROCE(5y)19.57%
ROICexgc growth 3Y-2.23%
ROICexgc growth 5Y-1.52%
ROICexc growth 3Y1.99%
ROICexc growth 5Y4.59%
OM growth 3Y3.16%
OM growth 5Y1.06%
PM growth 3Y-5.25%
PM growth 5Y-2.81%
GM growth 3Y0.62%
GM growth 5Y-0.16%
F-Score5
Asset Turnover0.87
Health
Industry RankSector Rank
Debt/Equity 2.07
Debt/FCF 6.41
Debt/EBITDA 2.31
Cap/Depr 127.93%
Cap/Sales 4.7%
Interest Coverage 8.53
Cash Conversion 65.83%
Profit Quality 93.11%
Current Ratio 0.85
Quick Ratio 0.67
Altman-Z 3.7
F-Score5
WACC7.87%
ROIC/WACC2.05
Cap/Depr(3y)161.13%
Cap/Depr(5y)168.5%
Cap/Sales(3y)5.51%
Cap/Sales(5y)5.67%
Profit Quality(3y)85.16%
Profit Quality(5y)82.03%
High Growth Momentum
Growth
EPS 1Y (TTM)-0.12%
EPS 3Y6.27%
EPS 5Y8.1%
EPS Q2Q%15.31%
EPS Next Y6.9%
EPS Next 2Y6.79%
EPS Next 3Y6.87%
EPS Next 5Y4.96%
Revenue 1Y (TTM)2.25%
Revenue growth 3Y2.83%
Revenue growth 5Y5.94%
Sales Q2Q%5.61%
Revenue Next Year5.38%
Revenue Next 2Y4.29%
Revenue Next 3Y4.12%
Revenue Next 5Y3.63%
EBIT growth 1Y1.26%
EBIT growth 3Y6.08%
EBIT growth 5Y7.07%
EBIT Next Year33.67%
EBIT Next 3Y13.94%
EBIT Next 5Y9.35%
FCF growth 1Y6.72%
FCF growth 3Y11.04%
FCF growth 5Y3.78%
OCF growth 1Y-3.36%
OCF growth 3Y3.79%
OCF growth 5Y2.64%

PEPSICO INC / PEP Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for PEPSICO INC?

ChartMill assigns a fundamental rating of 4 / 10 to PEP.


Can you provide the valuation status for PEPSICO INC?

ChartMill assigns a valuation rating of 3 / 10 to PEPSICO INC (PEP). This can be considered as Overvalued.


What is the profitability of PEP stock?

PEPSICO INC (PEP) has a profitability rating of 7 / 10.


Can you provide the financial health for PEP stock?

The financial health rating of PEPSICO INC (PEP) is 3 / 10.


Is the dividend of PEPSICO INC sustainable?

The dividend rating of PEPSICO INC (PEP) is 6 / 10 and the dividend payout ratio is 92.69%.