88.21 USD
-2.49 (-2.75%)
88.2 USD
-0.01 (-0.01%)
CCEP gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 32 industry peers in the Beverages industry. While CCEP is still in line with the averages on profitability rating, there are concerns on its financial health. While showing a medium growth rate, CCEP is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
CCEP had positive earnings in the past year.
In the past year CCEP had a positive cash flow from operations.
CCEP had positive earnings in each of the past 5 years.
In the past 5 years CCEP always reported a positive cash flow from operatings.
1.2 Ratios
CCEP has a Return On Assets of 4.83%. This is comparable to the rest of the industry: CCEP outperforms 53.13% of its industry peers.
With a decent Return On Equity value of 19.11%, CCEP is doing good in the industry, outperforming 62.50% of the companies in the same industry.
CCEP's Return On Invested Capital of 7.78% is in line compared to the rest of the industry. CCEP outperforms 50.00% of its industry peers.
CCEP had an Average Return On Invested Capital over the past 3 years of 7.81%. This is below the industry average of 11.65%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.83% | ||
| ROE | 19.11% | ||
| ROIC | 7.78% |
ROA(3y)5.14%
ROA(5y)4.27%
ROE(3y)19.29%
ROE(5y)16.02%
ROIC(3y)7.81%
ROIC(5y)6.59%
1.3 Margins
CCEP has a Profit Margin (7.35%) which is in line with its industry peers.
CCEP's Profit Margin has declined in the last couple of years.
The Operating Margin of CCEP (11.13%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of CCEP has declined.
CCEP has a Gross Margin of 35.20%. This is amonst the worse of the industry: CCEP underperforms 84.38% of its industry peers.
CCEP's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.13% | ||
| PM (TTM) | 7.35% | ||
| GM | 35.2% |
OM growth 3Y1.65%
OM growth 5Y-1.62%
PM growth 3Y-0.93%
PM growth 5Y-5.22%
GM growth 3Y-1.58%
GM growth 5Y-1.5%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CCEP is still creating some value.
The number of shares outstanding for CCEP has been increased compared to 1 year ago.
Compared to 5 years ago, CCEP has more shares outstanding
Compared to 1 year ago, CCEP has an improved debt to assets ratio.
2.2 Solvency
CCEP has an Altman-Z score of 2.06. This is not the best score and indicates that CCEP is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of CCEP (2.06) is comparable to the rest of the industry.
The Debt to FCF ratio of CCEP is 6.04, which is on the high side as it means it would take CCEP, 6.04 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of CCEP (6.04) is better than 62.50% of its industry peers.
CCEP has a Debt/Equity ratio of 1.26. This is a high value indicating a heavy dependency on external financing.
CCEP's Debt to Equity ratio of 1.26 is on the low side compared to the rest of the industry. CCEP is outperformed by 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.26 | ||
| Debt/FCF | 6.04 | ||
| Altman-Z | 2.06 |
ROIC/WACC1.02
WACC7.63%
2.3 Liquidity
CCEP has a Current Ratio of 0.83. This is a bad value and indicates that CCEP is not financially healthy enough and could expect problems in meeting its short term obligations.
CCEP's Current ratio of 0.83 is on the low side compared to the rest of the industry. CCEP is outperformed by 78.13% of its industry peers.
CCEP has a Quick Ratio of 0.83. This is a bad value and indicates that CCEP is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.65, CCEP is in line with its industry, outperforming 40.63% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.83 | ||
| Quick Ratio | 0.65 |
3. Growth
3.1 Past
The earnings per share for CCEP have decreased by -4.86% in the last year.
The Earnings Per Share has been growing slightly by 5.83% on average over the past years.
CCEP shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 9.04%.
Measured over the past years, CCEP shows a quite strong growth in Revenue. The Revenue has been growing by 11.21% on average per year.
EPS 1Y (TTM)-4.86%
EPS 3Y12.73%
EPS 5Y5.83%
EPS Q2Q%15.03%
Revenue 1Y (TTM)9.04%
Revenue growth 3Y14.09%
Revenue growth 5Y11.21%
Sales Q2Q%4.54%
3.2 Future
Based on estimates for the next years, CCEP will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.72% on average per year.
Based on estimates for the next years, CCEP will show a small growth in Revenue. The Revenue will grow by 3.34% on average per year.
EPS Next Y4.19%
EPS Next 2Y6.49%
EPS Next 3Y7.42%
EPS Next 5Y8.72%
Revenue Next Year1.93%
Revenue Next 2Y2.29%
Revenue Next 3Y2.83%
Revenue Next 5Y3.34%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
CCEP is valuated rather expensively with a Price/Earnings ratio of 22.56.
Compared to the rest of the industry, the Price/Earnings ratio of CCEP is on the same level as its industry peers.
CCEP's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.60.
A Price/Forward Earnings ratio of 16.52 indicates a correct valuation of CCEP.
CCEP's Price/Forward Earnings ratio is in line with the industry average.
CCEP is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.23, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.56 | ||
| Fwd PE | 16.52 |
4.2 Price Multiples
CCEP's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, CCEP is valued a bit cheaper than the industry average as 78.13% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.14 | ||
| EV/EBITDA | 14.29 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CCEP does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)5.39
PEG (5Y)3.87
EPS Next 2Y6.49%
EPS Next 3Y7.42%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.55%, CCEP has a reasonable but not impressive dividend return.
CCEP's Dividend Yield is a higher than the industry average which is at 1.69.
CCEP's Dividend Yield is a higher than the S&P500 average which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.55% |
5.2 History
On average, the dividend of CCEP grows each year by 8.87%, which is quite nice.
CCEP has paid a dividend for at least 10 years, which is a reliable track record.
CCEP has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)8.87%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
60.89% of the earnings are spent on dividend by CCEP. This is not a sustainable payout ratio.
CCEP's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP60.89%
EPS Next 2Y6.49%
EPS Next 3Y7.42%
88.21
-2.49 (-2.75%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryBeverages
Earnings (Last)
Earnings (Next)
Inst Owners39.21%
Inst Owner Change5.53%
Ins Owners0.23%
Ins Owner ChangeN/A
Market Cap40.05B
Revenue(TTM)20.88B
Net Income(TTM)1.53B
Analysts77.27
Price Target102.17 (15.83%)
Short Float %3.04%
Short Ratio3.96
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.55% |
Yearly Dividend2.05
Dividend Growth(5Y)8.87%
DP60.89%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)-0.02%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.12%
EPS NY rev (3m)-0.22%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.17%
Revenue NY rev (3m)-0.46%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.56 | ||
| Fwd PE | 16.52 | ||
| P/S | 1.63 | ||
| P/FCF | 17.14 | ||
| P/OCF | 11.65 | ||
| P/B | 4.25 | ||
| P/tB | N/A | ||
| EV/EBITDA | 14.29 |
EPS(TTM)3.91
EY4.43%
EPS(NY)5.34
Fwd EY6.05%
FCF(TTM)5.15
FCFY5.83%
OCF(TTM)7.57
OCFY8.58%
SpS54.05
BVpS20.78
TBVpS-23.16
PEG (NY)5.39
PEG (5Y)3.87
Graham Number42.75
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.83% | ||
| ROE | 19.11% | ||
| ROCE | 10.52% | ||
| ROIC | 7.78% | ||
| ROICexc | 8.57% | ||
| ROICexgc | 51.16% | ||
| OM | 11.13% | ||
| PM (TTM) | 7.35% | ||
| GM | 35.2% | ||
| FCFM | 9.52% |
ROA(3y)5.14%
ROA(5y)4.27%
ROE(3y)19.29%
ROE(5y)16.02%
ROIC(3y)7.81%
ROIC(5y)6.59%
ROICexc(3y)8.69%
ROICexc(5y)7.36%
ROICexgc(3y)64.35%
ROICexgc(5y)51.19%
ROCE(3y)10.39%
ROCE(5y)8.78%
ROICexgc growth 3Y8.9%
ROICexgc growth 5Y7.3%
ROICexc growth 3Y14.44%
ROICexc growth 5Y1.33%
OM growth 3Y1.65%
OM growth 5Y-1.62%
PM growth 3Y-0.93%
PM growth 5Y-5.22%
GM growth 3Y-1.58%
GM growth 5Y-1.5%
F-Score6
Asset Turnover0.66
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.26 | ||
| Debt/FCF | 6.04 | ||
| Debt/EBITDA | 3.27 | ||
| Cap/Depr | 121.53% | ||
| Cap/Sales | 4.49% | ||
| Interest Coverage | 9.37 | ||
| Cash Conversion | 94.51% | ||
| Profit Quality | 129.6% | ||
| Current Ratio | 0.83 | ||
| Quick Ratio | 0.65 | ||
| Altman-Z | 2.06 |
F-Score6
WACC7.63%
ROIC/WACC1.02
Cap/Depr(3y)107.76%
Cap/Depr(5y)87.29%
Cap/Sales(3y)4.17%
Cap/Sales(5y)3.92%
Profit Quality(3y)141.19%
Profit Quality(5y)162.2%
High Growth Momentum
Growth
EPS 1Y (TTM)-4.86%
EPS 3Y12.73%
EPS 5Y5.83%
EPS Q2Q%15.03%
EPS Next Y4.19%
EPS Next 2Y6.49%
EPS Next 3Y7.42%
EPS Next 5Y8.72%
Revenue 1Y (TTM)9.04%
Revenue growth 3Y14.09%
Revenue growth 5Y11.21%
Sales Q2Q%4.54%
Revenue Next Year1.93%
Revenue Next 2Y2.29%
Revenue Next 3Y2.83%
Revenue Next 5Y3.34%
EBIT growth 1Y2.42%
EBIT growth 3Y15.97%
EBIT growth 5Y9.41%
EBIT Next Year43.24%
EBIT Next 3Y17.37%
EBIT Next 5Y12.38%
FCF growth 1Y5.8%
FCF growth 3Y8.29%
FCF growth 5Y10.26%
OCF growth 1Y13.11%
OCF growth 3Y13.08%
OCF growth 5Y9.96%
COCA-COLA EUROPACIFIC PARTNE / CCEP FAQ
Can you provide the ChartMill fundamental rating for COCA-COLA EUROPACIFIC PARTNE?
ChartMill assigns a fundamental rating of 4 / 10 to CCEP.
What is the valuation status of COCA-COLA EUROPACIFIC PARTNE (CCEP) stock?
ChartMill assigns a valuation rating of 3 / 10 to COCA-COLA EUROPACIFIC PARTNE (CCEP). This can be considered as Overvalued.
How profitable is COCA-COLA EUROPACIFIC PARTNE (CCEP) stock?
COCA-COLA EUROPACIFIC PARTNE (CCEP) has a profitability rating of 4 / 10.
What is the valuation of COCA-COLA EUROPACIFIC PARTNE based on its PE and PB ratios?
The Price/Earnings (PE) ratio for COCA-COLA EUROPACIFIC PARTNE (CCEP) is 22.56 and the Price/Book (PB) ratio is 4.25.
Can you provide the expected EPS growth for CCEP stock?
The Earnings per Share (EPS) of COCA-COLA EUROPACIFIC PARTNE (CCEP) is expected to grow by 4.19% in the next year.