90.8 USD
+1.67 (+1.87%)
90.85 USD
+0.05 (+0.06%)
Overall CCEP gets a fundamental rating of 4 out of 10. We evaluated CCEP against 34 industry peers in the Beverages industry. CCEP has a medium profitability rating, but doesn't score so well on its financial health evaluation. CCEP is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
CCEP had positive earnings in the past year.
CCEP had a positive operating cash flow in the past year.
In the past 5 years CCEP has always been profitable.
In the past 5 years CCEP always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of 4.83%, CCEP perfoms like the industry average, outperforming 55.88% of the companies in the same industry.
The Return On Equity of CCEP (19.11%) is better than 64.71% of its industry peers.
Looking at the Return On Invested Capital, with a value of 7.78%, CCEP is in line with its industry, outperforming 52.94% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for CCEP is below the industry average of 11.55%.
| 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
The Profit Margin of CCEP (7.35%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of CCEP has declined.
CCEP has a Operating Margin (11.13%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of CCEP has declined.
CCEP has a worse Gross Margin (35.20%) than 82.35% 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
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
CCEP has more shares outstanding than it did 5 years ago.
CCEP has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.06 indicates that CCEP is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of CCEP (2.06) 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 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.
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 76.47% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.26 | ||
| Debt/FCF | 6.04 | ||
| Altman-Z | 2.06 |
ROIC/WACC1.01
WACC7.67%
2.3 Liquidity
A Current Ratio of 0.83 indicates that CCEP may have some problems paying its short term obligations.
CCEP has a Current ratio of 0.83. This is in the lower half of the industry: CCEP underperforms 76.47% of its industry peers.
A Quick Ratio of 0.65 indicates that CCEP may have some problems paying its short term obligations.
CCEP's Quick ratio of 0.65 is in line compared to the rest of the industry. CCEP outperforms 41.18% of its industry peers.
| 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.
The Revenue has grown by 9.04% in the past year. This is quite good.
CCEP shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.21% yearly.
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
The Earnings Per Share is expected to grow by 8.72% on average over the next years. This is quite good.
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 2Y6.52%
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.
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
The Price/Earnings ratio is 23.22, which indicates a rather expensive current valuation of CCEP.
The rest of the industry has a similar Price/Earnings ratio as CCEP.
The average S&P500 Price/Earnings ratio is at 26.56. CCEP is around the same levels.
CCEP is valuated rather expensively with a Price/Forward Earnings ratio of 17.02.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CCEP indicates a somewhat cheap valuation: CCEP is cheaper than 61.76% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.79, CCEP is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.22 | ||
| Fwd PE | 17.02 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as CCEP.
79.41% of the companies in the same industry are more expensive than CCEP, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.68 | ||
| EV/EBITDA | 14.32 |
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)5.55
PEG (5Y)3.98
EPS Next 2Y6.52%
EPS Next 3Y7.44%
5. Dividend
5.1 Amount
CCEP has a Yearly Dividend Yield of 2.61%. Purely for dividend investing, there may be better candidates out there.
CCEP's Dividend Yield is a higher than the industry average which is at 1.70.
Compared to an average S&P500 Dividend Yield of 1.87, CCEP pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.61% |
5.2 History
The dividend of CCEP is nicely growing with an annual growth rate of 8.87%!
CCEP has been paying a dividend for at least 10 years, so it has 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.
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%
90.8
+1.67 (+1.87%)
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 Cap41.22B
Revenue(TTM)20.88B
Net Income(TTM)1.53B
Analysts77.27
Price Target102.17 (12.52%)
Short Float %3.59%
Short Ratio4.21
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.61% |
Yearly Dividend2.04
Dividend Growth(5Y)8.87%
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)-0.02%
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)-0.46%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.22 | ||
| Fwd PE | 17.02 | ||
| P/S | 1.68 | ||
| P/FCF | 17.68 | ||
| P/OCF | 12.01 | ||
| P/B | 4.38 | ||
| P/tB | N/A | ||
| EV/EBITDA | 14.32 |
EPS(TTM)3.91
EY4.31%
EPS(NY)5.33
Fwd EY5.87%
FCF(TTM)5.14
FCFY5.66%
OCF(TTM)7.56
OCFY8.32%
SpS53.96
BVpS20.74
TBVpS-23.13
PEG (NY)5.55
PEG (5Y)3.98
Graham Number42.72
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
WACC7.67%
ROIC/WACC1.01
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 2Y6.52%
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 1Y2.42%
EBIT growth 3Y15.97%
EBIT growth 5Y9.41%
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 23.22 and the Price/Book (PB) ratio is 4.38.
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.