COCA-COLA CO/THE (CCC3.DE) Stock Fundamental Analysis
FRA:CCC3 - Deutsche Boerse Ag - US1912161007 - Common Stock - Currency: EUR
We assign a fundamental rating of 5 out of 10 to CCC3. CCC3 was compared to 23 industry peers in the Beverages industry. While CCC3 belongs to the best of the industry regarding profitability, there are concerns on its financial health. CCC3 is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year CCC3 was profitable.
In the past year CCC3 had a positive cash flow from operations.
Each year in the past 5 years CCC3 has been profitable.
Each year in the past 5 years CCC3 had a positive operating cash flow.
1.2 Ratios
CCC3 has a better Return On Assets (10.60%) than 95.65% of its industry peers.
Looking at the Return On Equity, with a value of 41.16%, CCC3 belongs to the top of the industry, outperforming 86.96% of the companies in the same industry.
CCC3's Return On Invested Capital of 11.60% is amongst the best of the industry. CCC3 outperforms 82.61% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CCC3 is significantly above the industry average of 7.90%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.6% | ||
| ROE | 41.16% | ||
| ROIC | 11.6% |
ROA(3y)10.61%
ROA(5y)10.21%
ROE(3y)41.22%
ROE(5y)41.26%
ROIC(3y)12.93%
ROIC(5y)12.26%
1.3 Margins
CCC3's Profit Margin of 23.00% is amongst the best of the industry. CCC3 outperforms 95.65% of its industry peers.
CCC3's Profit Margin has been stable in the last couple of years.
CCC3 has a better Operating Margin (25.13%) than 69.57% of its industry peers.
In the last couple of years the Operating Margin of CCC3 has declined.
CCC3 has a Gross Margin of 61.07%. This is amongst the best in the industry. CCC3 outperforms 86.96% of its industry peers.
In the last couple of years the Gross Margin of CCC3 has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.13% | ||
| PM (TTM) | 23% | ||
| GM | 61.07% |
OM growth 3Y-6.65%
OM growth 5Y-3.56%
PM growth 3Y-3.68%
PM growth 5Y-1.15%
GM growth 3Y0.44%
GM growth 5Y0.1%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CCC3 is still creating some value.
CCC3 has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, CCC3 has more shares outstanding
CCC3 has a worse debt/assets ratio than last year.
2.2 Solvency
CCC3 has an Altman-Z score of 4.34. This indicates that CCC3 is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of CCC3 (4.34) is better than 91.30% of its industry peers.
CCC3 has a Debt/Equity ratio of 1.87. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.87, CCC3 is doing worse than 78.26% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.87 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 4.34 |
ROIC/WACC1.18
WACC9.8%
2.3 Liquidity
CCC3 has a Current Ratio of 1.10. This is a normal value and indicates that CCC3 is financially healthy and should not expect problems in meeting its short term obligations.
CCC3's Current ratio of 1.10 is in line compared to the rest of the industry. CCC3 outperforms 43.48% of its industry peers.
CCC3 has a Quick Ratio of 1.10. This is a bad value and indicates that CCC3 is not financially healthy enough and could expect problems in meeting its short term obligations.
CCC3's Quick ratio of 0.89 is amongst the best of the industry. CCC3 outperforms 82.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.1 | ||
| Quick Ratio | 0.89 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 5.86% over the past year.
The Earnings Per Share has been growing slightly by 6.42% on average over the past years.
The Revenue has been growing slightly by 1.77% in the past year.
The Revenue has been growing slightly by 4.78% on average over the past years.
EPS 1Y (TTM)5.86%
EPS 3Y7.32%
EPS 5Y6.42%
EPS Q2Q%1.39%
Revenue 1Y (TTM)1.77%
Revenue growth 3Y6.78%
Revenue growth 5Y4.78%
Sales Q2Q%-0.13%
3.2 Future
Based on estimates for the next years, CCC3 will show a small growth in Earnings Per Share. The EPS will grow by 6.63% on average per year.
The Revenue is expected to grow by 4.91% on average over the next years.
EPS Next Y6.08%
EPS Next 2Y6.93%
EPS Next 3Y7.06%
EPS Next 5Y6.63%
Revenue Next Year4.21%
Revenue Next 2Y4.76%
Revenue Next 3Y5.06%
Revenue Next 5Y4.91%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same 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 stable.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 24.80, CCC3 is valued on the expensive side.
Compared to the rest of the industry, the Price/Earnings ratio of CCC3 indicates a slightly more expensive valuation: CCC3 is more expensive than 60.87% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.21. CCC3 is around the same levels.
The Price/Forward Earnings ratio is 21.80, which indicates a rather expensive current valuation of CCC3.
78.26% of the companies in the same industry are cheaper than CCC3, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 21.70. CCC3 is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.8 | ||
| Fwd PE | 21.8 |
4.2 Price Multiples
CCC3's Enterprise Value to EBITDA ratio is rather expensive when compared to the industry. CCC3 is more expensive than 91.30% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 25.41 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The excellent profitability rating of CCC3 may justify a higher PE ratio.
PEG (NY)4.08
PEG (5Y)3.86
EPS Next 2Y6.93%
EPS Next 3Y7.06%
5. Dividend
5.1 Amount
CCC3 has a Yearly Dividend Yield of 2.94%.
CCC3's Dividend Yield is a higher than the industry average which is at 3.04.
CCC3's Dividend Yield is a higher than the S&P500 average which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.94% |
5.2 History
The dividend of CCC3 has a limited annual growth rate of 3.93%.
Dividend Growth(5Y)3.93%
Div Incr Years6
Div Non Decr Years6
5.3 Sustainability
CCC3 pays out 77.42% of its income as dividend. This is not a sustainable payout ratio.
The dividend of CCC3 is growing, but earnings are growing more, so the dividend growth is sustainable.
DP77.42%
EPS Next 2Y6.93%
EPS Next 3Y7.06%
FRA:CCC3 (7/1/2025, 7:00:00 PM)
61.25
+1.32 (+2.2%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryBeverages
Earnings (Last)
Earnings (Next)
Inst Owners65.16%
Inst Owner ChangeN/A
Ins Owners0.57%
Ins Owner ChangeN/A
Market Cap263.62B
Analysts81.67
Price Target69.11 (12.83%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.94% |
Yearly Dividend1.66
Dividend Growth(5Y)3.93%
DP77.42%
Div Incr Years6
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.4%
Min EPS beat(2)-0.7%
Max EPS beat(2)3.5%
EPS beat(4)3
Avg EPS beat(4)1.11%
Min EPS beat(4)-0.7%
Max EPS beat(4)3.5%
EPS beat(8)6
Avg EPS beat(8)1.33%
EPS beat(12)9
Avg EPS beat(12)1.44%
EPS beat(16)13
Avg EPS beat(16)3.57%
Revenue beat(2)1
Avg Revenue beat(2)0.74%
Min Revenue beat(2)-2.22%
Max Revenue beat(2)3.7%
Revenue beat(4)3
Avg Revenue beat(4)0.78%
Min Revenue beat(4)-2.22%
Max Revenue beat(4)3.7%
Revenue beat(8)4
Avg Revenue beat(8)0.21%
Revenue beat(12)6
Avg Revenue beat(12)0.39%
Revenue beat(16)9
Avg Revenue beat(16)1.03%
PT rev (1m)-0.76%
PT rev (3m)-0.64%
EPS NQ rev (1m)0.07%
EPS NQ rev (3m)-1.74%
EPS NY rev (1m)-0.01%
EPS NY rev (3m)0.34%
Revenue NQ rev (1m)0.11%
Revenue NQ rev (3m)-0.18%
Revenue NY rev (1m)0.06%
Revenue NY rev (3m)0.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.8 | ||
| Fwd PE | 21.8 | ||
| P/S | 6.59 | ||
| P/FCF | N/A | ||
| P/OCF | 287.41 | ||
| P/B | 11.79 | ||
| P/tB | N/A | ||
| EV/EBITDA | 25.41 |
EPS(TTM)2.47
EY4.03%
EPS(NY)2.81
Fwd EY4.59%
FCF(TTM)-0.18
FCFYN/A
OCF(TTM)0.21
OCFY0.35%
SpS9.3
BVpS5.19
TBVpS-1.1
PEG (NY)4.08
PEG (5Y)3.86
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.6% | ||
| ROE | 41.16% | ||
| ROCE | 15.12% | ||
| ROIC | 11.6% | ||
| ROICexc | 13.89% | ||
| ROICexgc | 25.57% | ||
| OM | 25.13% | ||
| PM (TTM) | 23% | ||
| GM | 61.07% | ||
| FCFM | N/A |
ROA(3y)10.61%
ROA(5y)10.21%
ROE(3y)41.22%
ROE(5y)41.26%
ROIC(3y)12.93%
ROIC(5y)12.26%
ROICexc(3y)15.62%
ROICexc(5y)14.7%
ROICexgc(3y)32.19%
ROICexgc(5y)29.87%
ROCE(3y)16.38%
ROCE(5y)15.53%
ROICexcg growth 3Y-0.66%
ROICexcg growth 5Y2.12%
ROICexc growth 3Y1.18%
ROICexc growth 5Y0.05%
OM growth 3Y-6.65%
OM growth 5Y-3.56%
PM growth 3Y-3.68%
PM growth 5Y-1.15%
GM growth 3Y0.44%
GM growth 5Y0.1%
F-Score5
Asset Turnover0.46
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.87 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 3.81 | ||
| Cap/Depr | 185.46% | ||
| Cap/Sales | 4.27% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 8.36% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.1 | ||
| Quick Ratio | 0.89 | ||
| Altman-Z | 4.34 |
F-Score5
WACC9.8%
ROIC/WACC1.18
Cap/Depr(3y)157.99%
Cap/Depr(5y)128.95%
Cap/Sales(3y)3.96%
Cap/Sales(5y)3.8%
Profit Quality(3y)78.5%
Profit Quality(5y)92.52%
High Growth Momentum
Growth
EPS 1Y (TTM)5.86%
EPS 3Y7.32%
EPS 5Y6.42%
EPS Q2Q%1.39%
EPS Next Y6.08%
EPS Next 2Y6.93%
EPS Next 3Y7.06%
EPS Next 5Y6.63%
Revenue 1Y (TTM)1.77%
Revenue growth 3Y6.78%
Revenue growth 5Y4.78%
Sales Q2Q%-0.13%
Revenue Next Year4.21%
Revenue Next 2Y4.76%
Revenue Next 3Y5.06%
Revenue Next 5Y4.91%
EBIT growth 1Y-12.62%
EBIT growth 3Y-0.32%
EBIT growth 5Y1.05%
EBIT Next Year15.75%
EBIT Next 3Y9.88%
EBIT Next 5Y7.57%
FCF growth 1Y-110.3%
FCF growth 3Y-25.04%
FCF growth 5Y-10.85%
OCF growth 1Y-89.82%
OCF growth 3Y-18.62%
OCF growth 5Y-8.26%