VITA COCO CO INC/THE (COCO) Stock Fundamental Analysis
NASDAQ:COCO - Nasdaq - US92846Q1076 - Common Stock - Currency: USD
We assign a fundamental rating of 7 out of 10 to COCO. COCO was compared to 33 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 is valued quite expensively, but it does show have an excellent growth rating. This makes COCO very considerable for growth and quality investing!
1. Profitability
1.1 Basic Checks
COCO had positive earnings in the past year.
COCO had a positive operating cash flow in the past year.
COCO had positive earnings in each of the past 5 years.
In multiple years COCO reported negative operating cash flow during the last 5 years.
1.2 Ratios
COCO has a better Return On Assets (15.78%) than 93.94% of its industry peers.
The Return On Equity of COCO (21.81%) is better than 75.76% of its industry peers.
Looking at the Return On Invested Capital, with a value of 20.36%, COCO belongs to the top of the industry, outperforming 93.94% of the companies in the same industry.
COCO had an Average Return On Invested Capital over the past 3 years of 16.90%. This is significantly above the industry average of 11.23%.
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
Looking at the Profit Margin, with a value of 11.32%, COCO is in the better half of the industry, outperforming 78.79% of the companies in the same industry.
COCO's Profit Margin has improved in the last couple of years.
COCO has a Operating Margin (13.85%) which is comparable to the rest of the industry.
COCO's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 37.31%, COCO is doing worse than 75.76% of the companies in the same industry.
In the last couple of years the Gross Margin of COCO has grown nicely.
| 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
COCO has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it 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.
COCO has a better debt/assets ratio than last year.
2.2 Solvency
COCO has an Altman-Z score of 16.08. This indicates that COCO is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 16.08, COCO belongs to the top of the industry, outperforming 93.94% of the companies in the same industry.
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 | 16.08 |
ROIC/WACC2.23
WACC9.11%
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 better Current ratio (3.76) than 93.94% of its industry peers.
A Quick Ratio of 2.82 indicates that COCO has no problem at all paying its short term obligations.
With an excellent Quick ratio value of 2.82, COCO belongs to the best of the industry, outperforming 96.97% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.76 | ||
| Quick Ratio | 2.82 |
3. Growth
3.1 Past
COCO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 9.78%, which is quite good.
COCO shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 40.89% yearly.
COCO shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.01%.
The Revenue has been growing by 12.69% on average over the past years. This is quite good.
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
COCO is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 19.38% yearly.
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 38.77 indicates a quite expensive valuation of COCO.
COCO's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 27.50, COCO is valued a bit more expensive.
With a Price/Forward Earnings ratio of 28.93, COCO can be considered very expensive at the moment.
COCO's Price/Forward Earnings ratio is in line with the industry average.
COCO is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 36.44, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.77 | ||
| Fwd PE | 28.93 |
4.2 Price Multiples
66.67% of the companies in the same industry are cheaper than COCO, based on the Enterprise Value to EBITDA ratio.
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 | 69.52 | ||
| EV/EBITDA | 27.69 |
4.3 Compensation for Growth
The 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.
A more expensive valuation may be justified as COCO's earnings are expected to grow with 19.38% in the coming years.
PEG (NY)1.63
PEG (5Y)0.95
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 |
39.16
-0.12 (-0.31%)
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 Cap2.22B
Analysts76.25
Price Target39.44 (0.72%)
Short Float %10.2%
Short Ratio7.46
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)0%
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 | 38.77 | ||
| Fwd PE | 28.93 | ||
| P/S | 4.15 | ||
| P/FCF | 69.52 | ||
| P/OCF | 66.58 | ||
| P/B | 8 | ||
| P/tB | 8.23 | ||
| EV/EBITDA | 27.69 |
EPS(TTM)1.01
EY2.58%
EPS(NY)1.35
Fwd EY3.46%
FCF(TTM)0.56
FCFY1.44%
OCF(TTM)0.59
OCFY1.5%
SpS9.43
BVpS4.9
TBVpS4.76
PEG (NY)1.63
PEG (5Y)0.95
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 | 16.08 |
F-Score5
WACC9.11%
ROIC/WACC2.23
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%