Current Price: ~ $63/share
Projected Yield: ~ 3%
I believe Pepsico Inc. ($PEP) is fairly valued at $51/share on a cash flow valuation basis.
PepsiCo manufactures, markets, and sells a variety of salty, convenient, sweet, and grain-based snacks, as well as carbonated and noncarbonated beverages and foods. The firm's organizational structure comprises three primary business units: PepsiCo Americas foods, PepsiCo Americas beverages, and PepsiCo international. The company's broad portfolio of brands includes Pepsi, Gatorade, Tropicana, Lay's, Doritos, and Quaker.