VITA COCO CO INC/THE (COCO) Stock Fundamental Analysis
NASDAQ:COCO - Nasdaq - US92846Q1076 - Common Stock - Currency: USD
Overall COCO gets a fundamental rating of 6 out of 10. We evaluated COCO against 32 industry peers in the Beverages industry. COCO scores excellent points on both the profitability and health parts. This is a solid base for a good stock. COCO shows excellent growth, but is valued quite expensive already. These ratings could make COCO a good candidate for growth and quality investing.
1. Profitability
1.1 Basic Checks
In the past year COCO was profitable.
In the past year COCO had a positive cash flow from operations.
Each year in the past 5 years COCO has been profitable.
The reported operating cash flow has been mixed in the past 5 years: COCO reported negative operating cash flow in multiple years.
1.2 Ratios
With an excellent Return On Assets value of 15.78%, COCO belongs to the best of the industry, outperforming 93.75% of the companies in the same industry.
COCO has a better Return On Equity (21.81%) than 75.00% 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 93.75% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years 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
COCO has a better Profit Margin (11.32%) than 78.13% of its industry peers.
In the last couple of years the Profit Margin of COCO has grown nicely.
COCO has a Operating Margin (13.85%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of COCO has grown nicely.
COCO has a Gross Margin of 37.31%. This is in the lower half of the industry: COCO underperforms 75.00% of its industry peers.
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
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.
The debt/assets ratio for COCO has been reduced compared to a year ago.
2.2 Solvency
COCO has an Altman-Z score of 15.53. This indicates that COCO is financially healthy and has little risk of bankruptcy at the moment.
COCO's Altman-Z score of 15.53 is amongst the best of the industry. COCO outperforms 90.63% of its industry peers.
There is no outstanding debt for COCO. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 15.53 |
ROIC/WACC2.26
WACC8.99%
2.3 Liquidity
A Current Ratio of 3.76 indicates that COCO has no problem at all paying its short term obligations.
COCO has a better Current ratio (3.76) than 93.75% of its industry peers.
COCO has a Quick Ratio of 2.82. This indicates that COCO is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of COCO (2.82) is better than 96.88% of its industry peers.
| 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.
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
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of 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
Based on the Price/Earnings ratio of 37.19, the valuation of COCO can be described as expensive.
The rest of the industry has a similar Price/Earnings ratio as COCO.
The average S&P500 Price/Earnings ratio is at 27.45. COCO is valued slightly more expensive when compared to this.
The Price/Forward Earnings ratio is 27.75, which means the current valuation is very expensive for COCO.
COCO's Price/Forward Earnings ratio is in line with the industry average.
COCO is valuated rather expensively when we compare the Price/Forward Earnings ratio to 21.89, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.19 | ||
| Fwd PE | 27.75 |
4.2 Price Multiples
COCO's Enterprise Value to EBITDA is on the same level as the industry average.
COCO's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 66.68 | ||
| EV/EBITDA | 26.38 |
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)1.57
PEG (5Y)0.91
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 |
37.56
+0.37 (+0.99%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryBeverages
Earnings (Last)
Earnings (Next)
Inst Owners66.85%
Inst Owner Change-57.63%
Ins Owners10.14%
Ins Owner Change-24.38%
Market Cap2.13B
Analysts76.25
Price Target39.44 (5.01%)
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 | 37.19 | ||
| Fwd PE | 27.75 | ||
| P/S | 3.98 | ||
| P/FCF | 66.68 | ||
| P/OCF | 63.86 | ||
| P/B | 7.67 | ||
| P/tB | 7.89 | ||
| EV/EBITDA | 26.38 |
EPS(TTM)1.01
EY2.69%
EPS(NY)1.35
Fwd EY3.6%
FCF(TTM)0.56
FCFY1.5%
OCF(TTM)0.59
OCFY1.57%
SpS9.43
BVpS4.9
TBVpS4.76
PEG (NY)1.57
PEG (5Y)0.91
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 | 15.53 |
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%