89.55 USD
-0.3 (-0.33%)
89.55 USD
0 (0%)
Overall CCEP gets a fundamental rating of 4 out of 10. We evaluated CCEP 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. CCEP is quite expensive at the moment. 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.
- Each year in the past 5 years CCEP has been profitable.
- Each year in the past 5 years CCEP had a positive operating cash flow.
1.2 Ratios
- CCEP's Return On Assets of 4.83% is in line compared to the rest of the industry. CCEP outperforms 53.13% of its industry peers.
- The Return On Equity of CCEP (19.11%) is better than 62.50% 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 50.00% 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 11.62%.
| 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.
- Looking at the Operating Margin, with a value of 11.13%, CCEP is in line with its industry, outperforming 43.75% of the companies in the same industry.
- In the last couple of years the Operating Margin of CCEP has declined.
- CCEP has a worse Gross Margin (35.20%) than 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.
- The number of shares outstanding for CCEP has been increased compared to 5 years ago.
- CCEP has a better debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 2.05 indicates that CCEP is not a great score, but indicates only limited risk for bankruptcy at the moment.
- CCEP has a Altman-Z score (2.05) which 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.
- With a decent Debt to FCF ratio value of 6.04, CCEP is doing good in the industry, outperforming 65.63% of the companies in the same industry.
- A Debt/Equity ratio of 1.26 is on the high side and indicates that CCEP has dependencies on debt financing.
- Looking at the Debt to Equity ratio, with a value of 1.26, CCEP is doing worse than 75.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.26 | ||
| Debt/FCF | 6.04 | ||
| Altman-Z | 2.05 |
ROIC/WACC1.02
WACC7.65%
2.3 Liquidity
- A Current Ratio of 0.83 indicates that CCEP may have some problems paying its short term obligations.
- CCEP has a worse Current ratio (0.83) than 78.13% 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 on the low side compared to the rest of the industry. CCEP is outperformed by 62.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.83 | ||
| Quick Ratio | 0.65 |
3. Growth
3.1 Past
- CCEP shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -4.86%.
- 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.
- 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
- CCEP is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.41% yearly.
- Based on estimates for the next years, CCEP will show a small growth in Revenue. The Revenue will grow by 3.19% on average per year.
EPS Next Y4.26%
EPS Next 2Y6.56%
EPS Next 3Y7.4%
EPS Next 5Y8.41%
Revenue Next Year1.7%
Revenue Next 2Y2.18%
Revenue Next 3Y2.76%
Revenue Next 5Y3.19%
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
- A Price/Earnings ratio of 22.90 indicates a rather expensive valuation of CCEP.
- CCEP's Price/Earnings ratio is in line with the industry average.
- The average S&P500 Price/Earnings ratio is at 27.25. CCEP is around the same levels.
- With a Price/Forward Earnings ratio of 16.76, CCEP is valued correctly.
- CCEP's Price/Forward Earnings ratio is in line with the industry average.
- CCEP's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.98.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.9 | ||
| Fwd PE | 16.76 |
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.
- CCEP's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. CCEP is cheaper than 78.13% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.42 | ||
| EV/EBITDA | 14.2 |
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)5.38
PEG (5Y)3.93
EPS Next 2Y6.56%
EPS Next 3Y7.4%
5. Dividend
5.1 Amount
- CCEP has a Yearly Dividend Yield of 2.60%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 1.66, CCEP pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.82, CCEP pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.6% |
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 2Y6.56%
EPS Next 3Y7.4%
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 22.9 and the Price/Book (PB) ratio is 4.31.
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 4.26% in the next year.