VITA COCO CO INC/THE (COCO) Stock Fundamental Analysis
NASDAQ:COCO - Nasdaq - US92846Q1076 - Common Stock - Currency: USD
Taking everything into account, COCO scores 6 out of 10 in our fundamental rating. COCO was compared to 32 industry peers in the Beverages industry. COCO has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. COCO shows excellent growth, but is valued quite expensive already. These ratings would make COCO suitable for growth and quality investing!
1. Profitability
1.1 Basic Checks
In the past year COCO was profitable.
COCO had a positive operating cash flow in the past year.
In the past 5 years COCO has always been profitable.
In multiple years COCO reported negative operating cash flow during the last 5 years.
1.2 Ratios
The Return On Assets of COCO (15.78%) is better than 93.75% of its industry peers.
COCO's Return On Equity of 21.81% is fine compared to the rest of the industry. COCO outperforms 75.00% of its industry peers.
The Return On Invested Capital of COCO (20.36%) is better than 93.75% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for COCO is significantly above the industry average of 11.61%.
The 3 year average ROIC (16.90%) for COCO is below the current ROIC(20.36%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.78% | ||
| ROE | 21.81% | ||
| ROIC | 20.36% |
ROA(3y)11.9%
ROA(5y)12.62%
ROE(3y)16.73%
ROE(5y)19.52%
ROIC(3y)16.9%
ROIC(5y)19.17%
1.3 Margins
The Profit Margin of COCO (11.32%) is better than 78.13% of its industry peers.
In the last couple of years the Profit Margin of COCO has grown nicely.
With a Operating Margin value of 13.85%, COCO perfoms like the industry average, outperforming 56.25% of the companies in the same industry.
COCO's Operating Margin has improved in the last couple of years.
COCO's Gross Margin of 37.31% is on the low side compared to the rest of the industry. COCO is outperformed by 75.00% of its industry peers.
COCO's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.85% | ||
| PM (TTM) | 11.32% | ||
| GM | 37.31% |
OM growth 3Y30.2%
OM growth 5Y24.83%
PM growth 3Y29.38%
PM growth 5Y26.78%
GM growth 3Y8.93%
GM growth 5Y3.3%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), COCO is creating value.
Compared to 1 year ago, COCO has about the same amount of shares outstanding.
COCO has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, COCO has an improved debt to assets ratio.
2.2 Solvency
COCO has an Altman-Z score of 15.79. This indicates that COCO is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of COCO (15.79) is better than 90.63% of its industry peers.
COCO has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 15.79 |
ROIC/WACC2.26
WACC8.99%
2.3 Liquidity
COCO has a Current Ratio of 3.76. This indicates that COCO is financially healthy and has no problem in meeting its short term obligations.
COCO has a Current ratio of 3.76. This is amongst the best in the industry. COCO outperforms 93.75% of its industry peers.
A Quick Ratio of 2.82 indicates that COCO has no problem at all paying its short term obligations.
COCO has a better Quick ratio (2.82) than 96.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.76 | ||
| Quick Ratio | 2.82 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 9.78% over the past year.
Measured over the past years, COCO shows a very strong growth in Earnings Per Share. The EPS has been growing by 40.89% on average per year.
Looking at the last year, COCO shows a quite strong growth in Revenue. The Revenue has grown by 8.01% in the last year.
COCO shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.69% yearly.
EPS 1Y (TTM)9.78%
EPS 3Y39.19%
EPS 5Y40.89%
EPS Q2Q%29.17%
Revenue 1Y (TTM)8.01%
Revenue growth 3Y10.79%
Revenue growth 5Y12.69%
Sales Q2Q%17.21%
3.2 Future
Based on estimates for the next years, COCO will show a quite strong growth in Earnings Per Share. The EPS will grow by 19.38% on average per year.
The Revenue is expected to grow by 11.09% on average over the next years. This is quite good.
EPS Next Y23.71%
EPS Next 2Y20%
EPS Next 3Y19.38%
EPS Next 5YN/A
Revenue Next Year12.89%
Revenue Next 2Y12.02%
Revenue Next 3Y11.22%
Revenue Next 5Y11.09%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 38.01 indicates a quite expensive valuation of COCO.
The rest of the industry has a similar Price/Earnings ratio as COCO.
COCO is valuated rather expensively when we compare the Price/Earnings ratio to 27.29, which is the current average of the S&P500 Index.
COCO is valuated quite expensively with a Price/Forward Earnings ratio of 28.36.
COCO's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 21.74. COCO is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.01 | ||
| Fwd PE | 28.36 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as COCO.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of COCO is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 68.15 | ||
| EV/EBITDA | 27.01 |
4.3 Compensation for Growth
COCO's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
COCO has a very decent profitability rating, which may justify a higher PE ratio.
COCO's earnings are expected to grow with 19.38% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.6
PEG (5Y)0.93
EPS Next 2Y20%
EPS Next 3Y19.38%
5. Dividend
5.1 Amount
COCO does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
38.39
+0.83 (+2.21%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryBeverages
Earnings (Last)
Earnings (Next)
Inst Owners66.85%
Inst Owner Change0%
Ins Owners10.14%
Ins Owner Change-24.38%
Market Cap2.18B
Analysts76.25
Price Target39.44 (2.74%)
Short Float %10.14%
Short Ratio7.2
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)26.15%
Min EPS beat(2)-5.88%
Max EPS beat(2)58.19%
EPS beat(4)3
Avg EPS beat(4)19.91%
Min EPS beat(4)-5.88%
Max EPS beat(4)58.19%
EPS beat(8)7
Avg EPS beat(8)27.77%
EPS beat(12)8
Avg EPS beat(12)-0.71%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)2.72%
Min Revenue beat(2)2.28%
Max Revenue beat(2)3.16%
Revenue beat(4)2
Avg Revenue beat(4)-0.71%
Min Revenue beat(4)-6.52%
Max Revenue beat(4)3.16%
Revenue beat(8)4
Avg Revenue beat(8)0.35%
Revenue beat(12)5
Avg Revenue beat(12)-0.14%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)1.16%
PT rev (3m)3.26%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-2.13%
EPS NY rev (1m)0%
EPS NY rev (3m)5.64%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.64%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.24%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.01 | ||
| Fwd PE | 28.36 | ||
| P/S | 4.07 | ||
| P/FCF | 68.15 | ||
| P/OCF | 65.27 | ||
| P/B | 7.84 | ||
| P/tB | 8.06 | ||
| EV/EBITDA | 27.01 |
EPS(TTM)1.01
EY2.63%
EPS(NY)1.35
Fwd EY3.53%
FCF(TTM)0.56
FCFY1.47%
OCF(TTM)0.59
OCFY1.53%
SpS9.43
BVpS4.9
TBVpS4.76
PEG (NY)1.6
PEG (5Y)0.93
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.78% | ||
| ROE | 21.81% | ||
| ROCE | 25.52% | ||
| ROIC | 20.36% | ||
| ROICexc | 43.18% | ||
| ROICexgc | 45.78% | ||
| OM | 13.85% | ||
| PM (TTM) | 11.32% | ||
| GM | 37.31% | ||
| FCFM | 5.97% |
ROA(3y)11.9%
ROA(5y)12.62%
ROE(3y)16.73%
ROE(5y)19.52%
ROIC(3y)16.9%
ROIC(5y)19.17%
ROICexc(3y)44.32%
ROICexc(5y)44.12%
ROICexgc(3y)48.98%
ROICexgc(5y)53.58%
ROCE(3y)21.18%
ROCE(5y)24.03%
ROICexcg growth 3Y39.92%
ROICexcg growth 5Y25.51%
ROICexc growth 3Y44.42%
ROICexc growth 5Y31.46%
OM growth 3Y30.2%
OM growth 5Y24.83%
PM growth 3Y29.38%
PM growth 5Y26.78%
GM growth 3Y8.93%
GM growth 5Y3.3%
F-Score5
Asset Turnover1.39
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 179.49% | ||
| Cap/Sales | 0.26% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 44.52% | ||
| Profit Quality | 52.74% | ||
| Current Ratio | 3.76 | ||
| Quick Ratio | 2.82 | ||
| Altman-Z | 15.79 |
F-Score5
WACC8.99%
ROIC/WACC2.26
Cap/Depr(3y)91.02%
Cap/Depr(5y)63.69%
Cap/Sales(3y)0.18%
Cap/Sales(5y)0.16%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)9.78%
EPS 3Y39.19%
EPS 5Y40.89%
EPS Q2Q%29.17%
EPS Next Y23.71%
EPS Next 2Y20%
EPS Next 3Y19.38%
EPS Next 5YN/A
Revenue 1Y (TTM)8.01%
Revenue growth 3Y10.79%
Revenue growth 5Y12.69%
Sales Q2Q%17.21%
Revenue Next Year12.89%
Revenue Next 2Y12.02%
Revenue Next 3Y11.22%
Revenue Next 5Y11.09%
EBIT growth 1Y7.97%
EBIT growth 3Y44.24%
EBIT growth 5Y40.67%
EBIT Next Year23.64%
EBIT Next 3Y20.13%
EBIT Next 5Y17.42%
FCF growth 1Y60.91%
FCF growth 3YN/A
FCF growth 5Y15.09%
OCF growth 1Y58.51%
OCF growth 3YN/A
OCF growth 5Y14.53%