VITA COCO CO INC/THE (COCO)
US92846Q1076 - Common Stock
We assign a fundamental rating of 6 out of 10 to COCO. COCO was compared to 33 industry peers in the Beverages industry. COCO is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. COCO is valued quite expensive, but it does show an excellent growth. These ratings would make COCO suitable for growth 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.
Each year in the past 5 years COCO has been profitable.
In multiple years COCO reported negative operating cash flow during the last 5 years.
1.2 Ratios
COCO has a better Return On Assets (16.81%) than 93.94% of its industry peers.
COCO has a Return On Equity of 23.54%. This is in the better half of the industry: COCO outperforms 75.76% of its industry peers.
COCO has a Return On Invested Capital of 22.67%. This is amongst the best in the industry. COCO outperforms 96.97% of its industry peers.
The Average Return On Invested Capital over the past 3 years for COCO is in line with the industry average of 13.01%.
The 3 year average ROIC (14.00%) for COCO is below the current ROIC(22.67%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.81% | ||
| ROE | 23.54% | ||
| ROIC | 22.67% |
ROA(3y)9.96%
ROA(5y)10.82%
ROE(3y)14.66%
ROE(5y)17.74%
ROIC(3y)14%
ROIC(5y)15.96%
1.3 Margins
With a decent Profit Margin value of 11.99%, COCO is doing good in the industry, outperforming 66.67% of the companies in the same industry.
COCO's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 15.15%, COCO perfoms like the industry average, outperforming 51.52% of the companies in the same industry.
In the last couple of years the Operating Margin of COCO has declined.
Looking at the Gross Margin, with a value of 39.87%, COCO is doing worse than 63.64% 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 | 15.15% | ||
| PM (TTM) | 11.99% | ||
| GM | 39.87% |
OM growth 3Y-8.89%
OM growth 5YN/A
PM growth 3Y-3.55%
PM growth 5YN/A
GM growth 3Y2.73%
GM growth 5YN/A
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.
The number of shares outstanding for COCO has been increased compared to 1 year ago.
The debt/assets ratio for COCO is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 15.64 indicates that COCO is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 15.64, COCO belongs to the top of the industry, outperforming 90.91% of the companies in the same industry.
COCO has a debt to FCF ratio of 0.00. This is a very positive value and a sign of high solvency as it would only need 0.00 years to pay back of all of its debts.
The Debt to FCF ratio of COCO (0.00) is better than 93.94% of its industry peers.
A Debt/Equity ratio of 0.00 indicates that COCO is not too dependend on debt financing.
COCO has a better Debt to Equity ratio (0.00) than 90.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 15.64 |
ROIC/WACC2.48
WACC9.16%
2.3 Liquidity
COCO has a Current Ratio of 3.28. This indicates that COCO is financially healthy and has no problem in meeting its short term obligations.
COCO has a better Current ratio (3.28) than 90.91% of its industry peers.
COCO has a Quick Ratio of 2.64. This indicates that COCO is financially healthy and has no problem in meeting its short term obligations.
COCO has a better Quick ratio (2.64) than 96.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.28 | ||
| Quick Ratio | 2.64 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 54.69% over the past year.
Measured over the past years, COCO shows a quite strong growth in Earnings Per Share. The EPS has been growing by 10.39% on average per year.
COCO shows a small growth in Revenue. In the last year, the Revenue has grown by 3.20%.
Measured over the past years, COCO shows a quite strong growth in Revenue. The Revenue has been growing by 16.70% on average per year.
EPS 1Y (TTM)54.69%
EPS 3Y10.39%
EPS 5YN/A
EPS Q2Q%23.08%
Revenue 1Y (TTM)3.2%
Revenue growth 3Y16.7%
Revenue growth 5YN/A
Sales Q2Q%-3.74%
3.2 Future
The Earnings Per Share is expected to grow by 20.00% on average over the next years. This is quite good.
COCO is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.27% yearly.
EPS Next Y20.81%
EPS Next 2Y19.17%
EPS Next 3Y20%
EPS Next 5YN/A
Revenue Next Year4.62%
Revenue Next 2Y8.06%
Revenue Next 3Y9.07%
Revenue Next 5Y10.27%
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.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
COCO is valuated quite expensively with a Price/Earnings ratio of 36.41.
Based on the Price/Earnings ratio, COCO is valued a bit more expensive than the industry average as 60.61% of the companies are valued more cheaply.
COCO's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.29.
With a Price/Forward Earnings ratio of 31.73, COCO can be considered very expensive at the moment.
Based on the Price/Forward Earnings ratio, COCO is valued a bit more expensive than the industry average as 60.61% of the companies are valued more cheaply.
COCO is valuated rather expensively when we compare the Price/Forward Earnings ratio to 23.78, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.41 | ||
| Fwd PE | 31.73 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of COCO indicates a slightly more expensive valuation: COCO is more expensive than 66.67% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, COCO is valued a bit cheaper than the industry average as 63.64% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.32 | ||
| EV/EBITDA | 24.96 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of COCO may justify a higher PE ratio.
COCO's earnings are expected to grow with 20.00% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.75
PEG (5Y)N/A
EPS Next 2Y19.17%
EPS Next 3Y20%
5. Dividend
5.1 Amount
COCO does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
VITA COCO CO INC/THE
NASDAQ:COCO (12/23/2024, 8:00:00 PM)
After market: 36.05 0 (0%)36.05
+0.19 (+0.53%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryBeverages
Earnings (Last)
Earnings (Next)
Inst Owners81.69%
Inst Owner Change2.48%
Ins Owners12.4%
Ins Owner Change-2.15%
Market Cap2.05B
Analysts78.75
Price Target33.89 (-5.99%)
Short Float %12.35%
Short Ratio12.96
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)13.67%
Min EPS beat(2)7.26%
Max EPS beat(2)20.09%
EPS beat(4)4
Avg EPS beat(4)25.01%
Min EPS beat(4)7.26%
Max EPS beat(4)36.94%
EPS beat(8)7
Avg EPS beat(8)3.55%
EPS beat(12)9
Avg EPS beat(12)8.83%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-4.15%
Min Revenue beat(2)-6.52%
Max Revenue beat(2)-1.79%
Revenue beat(4)1
Avg Revenue beat(4)-1.47%
Min Revenue beat(4)-6.52%
Max Revenue beat(4)4.45%
Revenue beat(8)3
Avg Revenue beat(8)0.09%
Revenue beat(12)4
Avg Revenue beat(12)0.06%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)9.37%
PT rev (3m)10.28%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-43.16%
EPS NY rev (1m)0%
EPS NY rev (3m)10.17%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)10.55%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.41 | ||
| Fwd PE | 31.73 | ||
| P/S | 4.13 | ||
| P/FCF | 28.32 | ||
| P/OCF | 27.96 | ||
| P/B | 8.11 | ||
| P/tB | 8.37 | ||
| EV/EBITDA | 24.96 |
EPS(TTM)0.99
EY2.75%
EPS(NY)1.14
Fwd EY3.15%
FCF(TTM)1.27
FCFY3.53%
OCF(TTM)1.29
OCFY3.58%
SpS8.72
BVpS4.44
TBVpS4.31
PEG (NY)1.75
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.81% | ||
| ROE | 23.54% | ||
| ROCE | 29.69% | ||
| ROIC | 22.67% | ||
| ROICexc | 59.79% | ||
| ROICexgc | 65.09% | ||
| OM | 15.15% | ||
| PM (TTM) | 11.99% | ||
| GM | 39.87% | ||
| FCFM | 14.59% |
ROA(3y)9.96%
ROA(5y)10.82%
ROE(3y)14.66%
ROE(5y)17.74%
ROIC(3y)14%
ROIC(5y)15.96%
ROICexc(3y)29.13%
ROICexc(5y)33.34%
ROICexgc(3y)33.12%
ROICexgc(5y)42.45%
ROCE(3y)18.33%
ROCE(5y)20.91%
ROICexcg growth 3Y-9.27%
ROICexcg growth 5YN/A
ROICexc growth 3Y-1.56%
ROICexc growth 5YN/A
OM growth 3Y-8.89%
OM growth 5YN/A
PM growth 3Y-3.55%
PM growth 5YN/A
GM growth 3Y2.73%
GM growth 5YN/A
F-Score6
Asset Turnover1.4
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 131.14% | ||
| Cap/Sales | 0.19% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 96.66% | ||
| Profit Quality | 121.67% | ||
| Current Ratio | 3.28 | ||
| Quick Ratio | 2.64 | ||
| Altman-Z | 15.64 |
F-Score6
WACC9.16%
ROIC/WACC2.48
Cap/Depr(3y)56.46%
Cap/Depr(5y)47.25%
Cap/Sales(3y)0.17%
Cap/Sales(5y)0.2%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)54.69%
EPS 3Y10.39%
EPS 5YN/A
EPS Q2Q%23.08%
EPS Next Y20.81%
EPS Next 2Y19.17%
EPS Next 3Y20%
EPS Next 5YN/A
Revenue 1Y (TTM)3.2%
Revenue growth 3Y16.7%
Revenue growth 5YN/A
Sales Q2Q%-3.74%
Revenue Next Year4.62%
Revenue Next 2Y8.06%
Revenue Next 3Y9.07%
Revenue Next 5Y10.27%
EBIT growth 1Y62.6%
EBIT growth 3Y6.32%
EBIT growth 5YN/A
EBIT Next Year46.3%
EBIT Next 3Y24.02%
EBIT Next 5Y20.6%
FCF growth 1Y473.39%
FCF growth 3Y47.91%
FCF growth 5YN/A
OCF growth 1Y506.29%
OCF growth 3Y47.61%
OCF growth 5YN/A