92.33 USD
+0.64 (+0.7%)
92.33 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to CCEP. CCEP was compared to 33 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.
In the past year CCEP had a positive cash flow from operations.
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
The Return On Assets of CCEP (4.83%) is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 19.11%, CCEP is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
The Return On Invested Capital of CCEP (7.78%) is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for CCEP 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
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's Operating Margin of 11.13% is in line compared to the rest of the industry. CCEP outperforms 42.42% of its industry peers.
In the last couple of years the Operating Margin of CCEP has declined.
CCEP has a worse Gross Margin (35.20%) than 84.85% 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 3Y1.73%
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CCEP is still creating some value.
CCEP has more shares outstanding than it did 1 year ago.
CCEP has more shares outstanding than it did 5 years ago.
The debt/assets ratio for CCEP has been reduced compared to a year ago.
2.2 Solvency
CCEP has an Altman-Z score of 2.09. 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.
CCEP's Altman-Z score of 2.09 is in line compared to the rest of the industry. CCEP outperforms 54.55% of its industry peers.
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 better Debt to FCF ratio (6.04) than 60.61% of its industry peers.
A Debt/Equity ratio of 1.26 is on the high side and indicates that CCEP has dependencies on debt financing.
CCEP has a worse Debt to Equity ratio (1.26) than 75.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.26 | ||
| Debt/FCF | 6.04 | ||
| Altman-Z | 2.09 |
ROIC/WACC1.01
WACC7.69%
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 75.76% 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.
The Quick ratio of CCEP (0.65) is worse than 60.61% 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 -4.76%.
CCEP shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.80% yearly.
Looking at the last year, CCEP shows a quite strong growth in Revenue. The Revenue has grown by 9.04% in the last year.
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)-4.76%
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
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.
The Revenue is expected to grow by 3.34% on average over the next years.
EPS Next Y4.31%
EPS Next 2Y6.48%
EPS Next 3Y7.12%
EPS Next 5Y8.72%
Revenue Next Year2.1%
Revenue Next 2Y2.44%
Revenue Next 3Y2.93%
Revenue Next 5Y3.34%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
With a Price/Earnings ratio of 23.92, CCEP is valued on the expensive side.
The rest of the industry has a similar Price/Earnings ratio as CCEP.
CCEP is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.11, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 17.57, CCEP is valued on the expensive side.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CCEP is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of CCEP to the average of the S&P500 Index (36.21), we can say CCEP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.92 | ||
| Fwd PE | 17.57 |
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 the industry average as 75.76% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.23 | ||
| EV/EBITDA | 13.78 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)5.55
PEG (5Y)4.12
EPS Next 2Y6.48%
EPS Next 3Y7.12%
5. Dividend
5.1 Amount
CCEP has a Yearly Dividend Yield of 2.55%.
CCEP's Dividend Yield is a higher than the industry average which is at 3.06.
CCEP's Dividend Yield is comparable with the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.55% |
5.2 History
On average, the dividend of CCEP grows each year by 9.91%, 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)9.91%
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 2Y6.48%
EPS Next 3Y7.12%
92.33
+0.64 (+0.7%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryBeverages
Earnings (Last)
Earnings (Next)
Inst Owners37.34%
Inst Owner Change5.49%
Ins Owners0.22%
Ins Owner ChangeN/A
Market Cap41.92B
Revenue(TTM)20.88B
Net Income(TTM)1.53B
Analysts77.27
Price Target102.17 (10.66%)
Short Float %3.03%
Short Ratio3.41
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.55% |
Yearly Dividend2.29
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)-0.02%
PT rev (3m)0.33%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.12%
EPS NY rev (3m)-0.67%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.07%
Revenue NY rev (3m)-0.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.92 | ||
| Fwd PE | 17.57 | ||
| P/S | 1.74 | ||
| P/FCF | 18.23 | ||
| P/OCF | 12.39 | ||
| P/B | 4.51 | ||
| P/tB | N/A | ||
| EV/EBITDA | 13.78 |
EPS(TTM)3.86
EY4.18%
EPS(NY)5.25
Fwd EY5.69%
FCF(TTM)5.06
FCFY5.49%
OCF(TTM)7.45
OCFY8.07%
SpS53.21
BVpS20.45
TBVpS-22.8
PEG (NY)5.55
PEG (5Y)4.12
Graham Number42.15
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 | 2.09 |
F-Score6
WACC7.69%
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 Y4.31%
EPS Next 2Y6.48%
EPS Next 3Y7.12%
EPS Next 5Y8.72%
Revenue 1Y (TTM)9.04%
Revenue growth 3Y14.09%
Revenue growth 5Y11.21%
Sales Q2Q%4.54%
Revenue Next Year2.1%
Revenue Next 2Y2.44%
Revenue Next 3Y2.93%
Revenue Next 5Y3.34%
EBIT growth 1Y2.97%
EBIT growth 3Y16.06%
EBIT growth 5Y9.46%
EBIT Next Year43.74%
EBIT Next 3Y17.22%
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 23.92 and the Price/Book (PB) ratio is 4.51.
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 4.31% in the next year.