COCA-COLA CO/THE (CCC3.DE) Stock Fundamental Analysis
FRA:CCC3 - Deutsche Boerse Ag - US1912161007 - Common Stock - Currency: EUR
Taking everything into account, CCC3 scores 5 out of 10 in our fundamental rating. CCC3 was compared to 25 industry peers in the Beverages industry. CCC3 scores excellent on profitability, but there are some minor concerns on its financial health. While showing a medium growth rate, CCC3 is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
CCC3 had positive earnings in the past year.
CCC3 had a positive operating cash flow in the past year.
In the past 5 years CCC3 has always been profitable.
In the past 5 years CCC3 always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 10.57%, CCC3 belongs to the top of the industry, outperforming 96.15% of the companies in the same industry.
CCC3's Return On Equity of 42.77% is amongst the best of the industry. CCC3 outperforms 88.46% of its industry peers.
Looking at the Return On Invested Capital, with a value of 12.61%, CCC3 belongs to the top of the industry, outperforming 84.62% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for CCC3 is significantly above the industry average of 7.88%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.57% | ||
| ROE | 42.77% | ||
| ROIC | 12.61% |
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
The Profit Margin of CCC3 (22.59%) is better than 96.15% of its industry peers.
CCC3's Profit Margin has been stable in the last couple of years.
CCC3's Operating Margin of 25.09% is fine compared to the rest of the industry. CCC3 outperforms 65.38% of its industry peers.
CCC3's Operating Margin has declined in the last couple of years.
CCC3 has a better Gross Margin (61.06%) than 88.46% 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 | 25.09% | ||
| PM (TTM) | 22.59% | ||
| GM | 61.06% |
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.
The number of shares outstanding for CCC3 remains at a similar level compared to 1 year ago.
The number of shares outstanding for CCC3 has been increased compared to 5 years ago.
The debt/assets ratio for CCC3 is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 4.36 indicates that CCC3 is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 4.36, CCC3 belongs to the top of the industry, outperforming 96.15% of the companies in the same industry.
CCC3 has a debt to FCF ratio of 9.39. This is a negative value and a sign of low solvency as CCC3 would need 9.39 years to pay back of all of its debts.
The Debt to FCF ratio of CCC3 (9.39) is comparable to the rest of the industry.
CCC3 has a Debt/Equity ratio of 1.77. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.77, CCC3 is not doing good in the industry: 73.08% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.77 | ||
| Debt/FCF | 9.39 | ||
| Altman-Z | 4.36 |
ROIC/WACC1.53
WACC8.24%
2.3 Liquidity
CCC3 has a Current Ratio of 1.03. This is a normal value and indicates that CCC3 is financially healthy and should not expect problems in meeting its short term obligations.
CCC3 has a Current ratio of 1.03. This is comparable to the rest of the industry: CCC3 outperforms 46.15% of its industry peers.
A Quick Ratio of 0.84 indicates that CCC3 may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.84, CCC3 belongs to the top of the industry, outperforming 84.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.03 | ||
| Quick Ratio | 0.84 |
3. Growth
3.1 Past
CCC3 shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 7.06%.
The Earnings Per Share has been growing slightly by 6.42% on average over the past years.
CCC3 shows a small growth in Revenue. In the last year, the Revenue has grown by 2.86%.
CCC3 shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.78% yearly.
EPS 1Y (TTM)7.06%
EPS 3Y7.32%
EPS 5Y6.42%
EPS Q2Q%12.24%
Revenue 1Y (TTM)2.86%
Revenue growth 3Y6.78%
Revenue growth 5Y4.78%
Sales Q2Q%4.17%
3.2 Future
CCC3 is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.66% yearly.
The Revenue is expected to grow by 4.57% on average over the next years.
EPS Next Y5.72%
EPS Next 2Y6.84%
EPS Next 3Y7.13%
EPS Next 5Y6.66%
Revenue Next Year3.81%
Revenue Next 2Y4.48%
Revenue Next 3Y4.91%
Revenue Next 5Y4.57%
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.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 24.84, which indicates a rather expensive current valuation of CCC3.
CCC3's Price/Earnings ratio is a bit more expensive when compared to the industry. CCC3 is more expensive than 65.38% of the companies in the same industry.
When comparing the Price/Earnings ratio of CCC3 to the average of the S&P500 Index (29.35), we can say CCC3 is valued inline with the index average.
The Price/Forward Earnings ratio is 23.47, which indicates a rather expensive current valuation of CCC3.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CCC3 indicates a rather expensive valuation: CCC3 more expensive than 80.77% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.10. CCC3 is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.84 | ||
| Fwd PE | 23.47 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CCC3 is valued more expensive than 84.62% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CCC3 indicates a slightly more expensive valuation: CCC3 is more expensive than 69.23% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 64.84 | ||
| EV/EBITDA | 25.78 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CCC3 does not grow enough to justify the current Price/Earnings ratio.
CCC3 has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)4.34
PEG (5Y)3.87
EPS Next 2Y6.84%
EPS Next 3Y7.13%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.90%, CCC3 has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.64, CCC3 pays a bit more dividend than its industry peers.
CCC3's Dividend Yield is a higher than the S&P500 average which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.9% |
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
78.63% of the earnings are spent on dividend by CCC3. This is not a sustainable payout ratio.
CCC3's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP78.63%
EPS Next 2Y6.84%
EPS Next 3Y7.13%
FRA:CCC3 (3/7/2025, 7:00:00 PM)
65.83
+1.18 (+1.83%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryBeverages
Earnings (Last)
Earnings (Next)
Inst Owners64.53%
Inst Owner ChangeN/A
Ins Owners0.57%
Ins Owner ChangeN/A
Market Cap283.13B
Analysts80.56
Price Target72.59 (10.27%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.9% |
Yearly Dividend1.79
Dividend Growth(5Y)3.93%
DP78.63%
Div Incr Years6
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)1.96%
Min EPS beat(2)0.43%
Max EPS beat(2)3.5%
EPS beat(4)4
Avg EPS beat(4)1.36%
Min EPS beat(4)0.28%
Max EPS beat(4)3.5%
EPS beat(8)7
Avg EPS beat(8)1.71%
EPS beat(12)10
Avg EPS beat(12)2.1%
EPS beat(16)14
Avg EPS beat(16)3.98%
Revenue beat(2)2
Avg Revenue beat(2)1.86%
Min Revenue beat(2)0.03%
Max Revenue beat(2)3.7%
Revenue beat(4)3
Avg Revenue beat(4)1.1%
Min Revenue beat(4)-0.97%
Max Revenue beat(4)3.7%
Revenue beat(8)4
Avg Revenue beat(8)0.33%
Revenue beat(12)7
Avg Revenue beat(12)0.88%
Revenue beat(16)10
Avg Revenue beat(16)1.26%
PT rev (1m)4.83%
PT rev (3m)0.81%
EPS NQ rev (1m)-1.09%
EPS NQ rev (3m)-2.22%
EPS NY rev (1m)-0.18%
EPS NY rev (3m)-0.65%
Revenue NQ rev (1m)-0.58%
Revenue NQ rev (3m)-1.97%
Revenue NY rev (1m)0.87%
Revenue NY rev (3m)-0.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.84 | ||
| Fwd PE | 23.47 | ||
| P/S | 6.53 | ||
| P/FCF | 64.84 | ||
| P/OCF | 45.17 | ||
| P/B | 12.37 | ||
| P/tB | N/A | ||
| EV/EBITDA | 25.78 |
EPS(TTM)2.65
EY4.03%
EPS(NY)2.8
Fwd EY4.26%
FCF(TTM)1.02
FCFY1.54%
OCF(TTM)1.46
OCFY2.21%
SpS10.08
BVpS5.32
TBVpS-1.41
PEG (NY)4.34
PEG (5Y)3.87
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.57% | ||
| ROE | 42.77% | ||
| ROCE | 15.68% | ||
| ROIC | 12.61% | ||
| ROICexc | 15.56% | ||
| ROICexgc | 31.45% | ||
| OM | 25.09% | ||
| PM (TTM) | 22.59% | ||
| GM | 61.06% | ||
| FCFM | 10.07% |
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-Score4
Asset Turnover0.47
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.77 | ||
| Debt/FCF | 9.39 | ||
| Debt/EBITDA | 3.41 | ||
| Cap/Depr | 192% | ||
| Cap/Sales | 4.39% | ||
| Interest Coverage | 7.07 | ||
| Cash Conversion | 52.83% | ||
| Profit Quality | 44.6% | ||
| Current Ratio | 1.03 | ||
| Quick Ratio | 0.84 | ||
| Altman-Z | 4.36 |
F-Score4
WACC8.24%
ROIC/WACC1.53
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)7.06%
EPS 3Y7.32%
EPS 5Y6.42%
EPS Q2Q%12.24%
EPS Next Y5.72%
EPS Next 2Y6.84%
EPS Next 3Y7.13%
EPS Next 5Y6.66%
Revenue 1Y (TTM)2.86%
Revenue growth 3Y6.78%
Revenue growth 5Y4.78%
Sales Q2Q%4.17%
Revenue Next Year3.81%
Revenue Next 2Y4.48%
Revenue Next 3Y4.91%
Revenue Next 5Y4.57%
EBIT growth 1Y-10.87%
EBIT growth 3Y-0.32%
EBIT growth 5Y1.05%
EBIT Next Year13.08%
EBIT Next 3Y9.95%
EBIT Next 5Y7.91%
FCF growth 1Y-51.36%
FCF growth 3Y-25.04%
FCF growth 5Y-10.85%
OCF growth 1Y-41.33%
OCF growth 3Y-18.62%
OCF growth 5Y-8.26%