PEP

Nasdaq

PEPSICO INC

Consumer Staples, Soft Drinks & Non-alcoholic Beverages

$139.02

close 7 Aug 2026

-4.04%

52-week change

$189.75B

market cap

$133.73

$171.48

52-week range

Expected price

$178.38 – $218.03

Current price

$139.02

Signal

Could be undervalued

A historical-multiple reference, never a fair-value claim. The band uses only data public at each date and ends at the latest month — no forward estimates.

Current multiples

P/E (TTM)18.22x

P/S (TTM)1.96x

P/B8.59x

EV/EBITDA (TTM)12.46x

FCF yield (TTM)4.89%

PEG (TTM, GAAP)—

Context

P/E, own 5-year average26.27x

P/E, sector median23.35x*

Price at 5-year median P/E$199.48*

Indicated dividend yield4.26%

Forward — analyst consensus

Forward P/E (FY2026)16.24x*

Forward P/E (FY2027)15.48x

Forward PEG3.32*

Consensus EPS FY2026 (23 analysts)$8.56

EPS growth (FY2026→FY2027)4.89%

Revenue growth (FY2026)5.35%

Street view

Price target (mean)$155.00*

Target upside11.49%

Ratings (buy / hold / sell)7 / 16 / 1

FY2026 EPS revisions, 30d (up / down)1 / 18

5-year history

Dashed line: average of month-end values

P/E (TTM)

P/S (TTM)

P/B

FCF yield (TTM)

Dividend yield

period to 13 Jun 2026, filed 9 Jul 2026, close 7 Aug 2026

Discounted cash flow

Ten projected years plus a perpetuity, prefilled from filings — a model to argue with, never a fair-value claim.

Free cash flow, last ten years and TTM

5Y CAGR +3.78%10Y CAGR -0.55%

Assumptions

Growth rate, years 1–10%

Perpetual growth%Discount rate%

Base FCF$M

As filed — not assumptions

Current price$139.02

Cash & equivalents$10.25B

Total debt$44.21B

Shares outstanding1.36B

Result

DCF price per share$115.17

Current price$139.02

Margin of safety-17.16%

PV of years 1–10$75.04B

PV of terminal value$116.12B

Equity value$157.20B

Market-implied growth+5.79%

Projected FCF, years 1–10

Hover for PV and growth

Projection detail

Override growth for any year; blank years use the uniform rate

Year	2026	2027	2028	2029	2030	2031	2032	2033	2034	2035	Terminal
Growth, %											2.5
FCF	$9.63B	$10.00B	$10.37B	$10.77B	$11.17B	$11.60B	$12.03B	$12.49B	$12.96B	$13.45B	$250.69B
PV	$8.92B	$8.57B	$8.24B	$7.91B	$7.60B	$7.31B	$7.02B	$6.75B	$6.48B	$6.23B	$116.12B

period to 13 Jun 2026, filed 9 Jul 2026, close 7 Aug 2026