PEP - Embedded Expectations Analysis - 2019 11 20
PepsiCo, Inc (PEP:USA) currently trades at historical highs relative to UAFRS-based (Uniform) Earnings, with a 28.8x Uniform P/E, implying bullish expectations for the firm, and management is confident about global demand, growth, and their strategySpecifically, management is confident they saw growth in each of their key retail channels and that Quaker Foods saw net revenue growth in North America. Furthermore, management is confident their demand has remained strong globally, and they are confident in their ability to launch transformational programs for SodaStream. Moreover, management is confident their goal is to keep their brands relevant and attractive to modern consumers
PepsiCo is a food and beverage company. The company's segments include: Frito-Lay North America, which includes food and snack businesses in the United States and Canada; Quaker Foods North America, which includes cereal, rice, pasta and other food businesses in the United States and Canada; PepsiCo Beverages North America, which includes beverage businesses in the United States and Canada; Latin America, which includes beverage, food and snack businesses in Latin America; Europe, which includes beverage, food and snack businesses in Europe; and Africa, Middle East and South Asia, which includes beverage, food and snack businesses in Africa, the Middle East and South Asia.
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