90.65 USD
-0.12 (-0.13%)
90.83 USD
+0.18 (+0.2%)
Overall CCEP gets a fundamental rating of 4 out of 10. We evaluated CCEP against 34 industry peers in the Beverages industry. There are concerns on the financial health of CCEP while its profitability can be described as average. While showing a medium growth rate, CCEP is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year CCEP was profitable.
CCEP had a positive operating cash flow in the past year.
In the past 5 years CCEP has always been profitable.
Each year in the past 5 years CCEP had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 4.83%, CCEP perfoms like the industry average, outperforming 58.82% of the companies in the same industry.
CCEP's Return On Equity of 19.11% is fine compared to the rest of the industry. CCEP outperforms 67.65% of its industry peers.
The Return On Invested Capital of CCEP (7.78%) is comparable to the rest of the industry.
CCEP had an Average Return On Invested Capital over the past 3 years of 7.84%. This is below the industry average of 11.60%.
| 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)7.84%
ROIC(5y)6.6%
1.3 Margins
With a Profit Margin value of 7.35%, CCEP perfoms like the industry average, outperforming 52.94% of the companies in the same industry.
In the last couple of years the Profit Margin of CCEP has declined.
Looking at the Operating Margin, with a value of 11.13%, CCEP is in line with its industry, outperforming 44.12% of the companies in the same industry.
CCEP's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 35.20%, CCEP is not doing good in the industry: 82.35% of the companies in the same industry are doing better.
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 3Y1.73%
OM growth 5Y-1.57%
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
CCEP has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, CCEP has more shares outstanding
Compared to 5 years ago, CCEP has more shares outstanding
The debt/assets ratio for CCEP has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.07 indicates that CCEP is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of CCEP (2.07) 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.
CCEP has a Debt to FCF ratio of 6.04. This is in the better half of the industry: CCEP outperforms 61.76% 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.
Looking at the Debt to Equity ratio, with a value of 1.26, CCEP is doing worse than 73.53% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.26 | ||
| Debt/FCF | 6.04 | ||
| Altman-Z | 2.07 |
ROIC/WACC1.01
WACC7.67%
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.
With a Current ratio value of 0.83, CCEP is not doing good in the industry: 73.53% of the companies in the same industry are doing better.
A Quick Ratio of 0.65 indicates that CCEP may have some problems paying its short term obligations.
With a Quick ratio value of 0.65, CCEP perfoms like the industry average, outperforming 41.18% 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 -4.76% in the last year.
CCEP shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.80% yearly.
The Revenue has grown by 9.04% in the past year. This is quite good.
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)-4.76%
EPS 3Y12.68%
EPS 5Y5.8%
EPS Q2Q%14.98%
Revenue 1Y (TTM)9.04%
Revenue growth 3Y14.09%
Revenue growth 5Y11.21%
Sales Q2Q%4.54%
3.2 Future
The Earnings Per Share is expected to grow by 8.72% on average over the next years. This is quite good.
The Revenue is expected to grow by 3.34% on average over the next years.
EPS Next Y4.19%
EPS Next 2Y6.52%
EPS Next 3Y7.44%
EPS Next 5Y8.72%
Revenue Next Year1.93%
Revenue Next 2Y2.32%
Revenue Next 3Y2.85%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
CCEP is valuated rather expensively with a Price/Earnings ratio of 23.36.
CCEP's Price/Earnings ratio is in line with the industry average.
CCEP's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.49.
Based on the Price/Forward Earnings ratio of 17.12, the valuation of CCEP can be described as rather expensive.
CCEP's Price/Forward Earnings is on the same level as the industry average.
CCEP is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.69, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.36 | ||
| Fwd PE | 17.12 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CCEP is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, CCEP is valued a bit cheaper than 76.47% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.78 | ||
| EV/EBITDA | 13.59 |
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)5.58
PEG (5Y)4.03
EPS Next 2Y6.52%
EPS Next 3Y7.44%
5. Dividend
5.1 Amount
CCEP has a Yearly Dividend Yield of 2.57%.
Compared to an average industry Dividend Yield of 3.06, CCEP pays a bit more dividend than its industry peers.
CCEP's Dividend Yield is comparable with the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.57% |
5.2 History
The dividend of CCEP is nicely growing with an annual growth rate of 9.91%!
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)9.91%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
CCEP pays out 60.89% of its income as dividend. This is not a sustainable payout ratio.
The dividend of CCEP is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP60.89%
EPS Next 2Y6.52%
EPS Next 3Y7.44%
90.65
-0.12 (-0.13%)
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 Cap41.15B
Revenue(TTM)20.88B
Net Income(TTM)1.53B
Analysts77.27
Price Target102.17 (12.71%)
Short Float %3.59%
Short Ratio4.21
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.57% |
Yearly Dividend2.3
Dividend Growth(5Y)9.91%
DP60.89%
Div Incr Years4
Div Non Decr Years4
Ex-Date
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)0.08%
PT rev (3m)0.4%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.12%
EPS NY rev (3m)-0.79%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.17%
Revenue NY rev (3m)-0.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.36 | ||
| Fwd PE | 17.12 | ||
| P/S | 1.69 | ||
| P/FCF | 17.78 | ||
| P/OCF | 12.08 | ||
| P/B | 4.4 | ||
| P/tB | N/A | ||
| EV/EBITDA | 13.59 |
EPS(TTM)3.88
EY4.28%
EPS(NY)5.29
Fwd EY5.84%
FCF(TTM)5.1
FCFY5.63%
OCF(TTM)7.5
OCFY8.28%
SpS53.57
BVpS20.59
TBVpS-22.96
PEG (NY)5.58
PEG (5Y)4.03
Graham Number42.4
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)7.84%
ROIC(5y)6.6%
ROICexc(3y)8.71%
ROICexc(5y)7.37%
ROICexgc(3y)64.53%
ROICexgc(5y)51.3%
ROCE(3y)10.42%
ROCE(5y)8.8%
ROICexgc growth 3Y8.99%
ROICexgc growth 5Y7.35%
ROICexc growth 3Y14.53%
ROICexc growth 5Y1.38%
OM growth 3Y1.73%
OM growth 5Y-1.57%
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 | 3.08 | ||
| Cap/Depr | 98.22% | ||
| Cap/Sales | 4.49% | ||
| Interest Coverage | 9.37 | ||
| Cash Conversion | 89.23% | ||
| Profit Quality | 129.6% | ||
| Current Ratio | 0.83 | ||
| Quick Ratio | 0.65 | ||
| Altman-Z | 2.07 |
F-Score6
WACC7.67%
ROIC/WACC1.01
Cap/Depr(3y)92.36%
Cap/Depr(5y)78.04%
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)-4.76%
EPS 3Y12.68%
EPS 5Y5.8%
EPS Q2Q%14.98%
EPS Next Y4.19%
EPS Next 2Y6.52%
EPS Next 3Y7.44%
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 2Y2.32%
Revenue Next 3Y2.85%
Revenue Next 5Y3.34%
EBIT growth 1Y2.97%
EBIT growth 3Y16.06%
EBIT growth 5Y9.46%
EBIT Next Year43.24%
EBIT Next 3Y17.4%
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.
Can you provide the valuation status for COCA-COLA EUROPACIFIC PARTNE?
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.
Can you provide the PE and PB ratios for CCEP stock?
The Price/Earnings (PE) ratio for COCA-COLA EUROPACIFIC PARTNE (CCEP) is 23.36 and the Price/Book (PB) ratio is 4.4.
What is the earnings growth outlook for COCA-COLA EUROPACIFIC PARTNE?
The Earnings per Share (EPS) of COCA-COLA EUROPACIFIC PARTNE (CCEP) is expected to grow by 4.19% in the next year.