COCA-COLA CONSOLIDATED INC (COKE) Stock Fundamental Analysis
USA - NASDAQ:COKE - US1910981026 - Common Stock
113.22 USD
+1.31 (+1.17%)
112.75 USD
-0.47 (-0.42%)
We assign a fundamental rating of 6 out of 10 to COKE. COKE was compared to 32 industry peers in the Beverages industry. COKE scores excellent points on both the profitability and health parts. This is a solid base for a good stock. COKE has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year COKE was profitable.
COKE had a positive operating cash flow in the past year.
Each year in the past 5 years COKE has been profitable.
In the past 5 years COKE always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of COKE (10.57%) is better than 87.50% of its industry peers.
COKE has a better Return On Equity (35.92%) than 90.63% of its industry peers.
COKE has a better Return On Invested Capital (15.89%) than 84.38% of its industry peers.
The Average Return On Invested Capital over the past 3 years for COKE is significantly above the industry average of 10.95%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.57% | ||
| ROE | 35.92% | ||
| ROIC | 15.89% |
ROA(3y)11.01%
ROA(5y)8.78%
ROE(3y)37.23%
ROE(5y)34.39%
ROIC(3y)17.65%
ROIC(5y)14.87%
1.3 Margins
With a decent Profit Margin value of 8.43%, COKE is doing good in the industry, outperforming 65.63% of the companies in the same industry.
COKE's Profit Margin has improved in the last couple of years.
COKE has a Operating Margin (13.06%) which is in line with its industry peers.
In the last couple of years the Operating Margin of COKE has grown nicely.
COKE has a worse Gross Margin (39.80%) than 62.50% of its industry peers.
In the last couple of years the Gross Margin of COKE has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.06% | ||
| PM (TTM) | 8.43% | ||
| GM | 39.81% |
OM growth 3Y19.1%
OM growth 5Y27.48%
PM growth 3Y39.11%
PM growth 5Y107.91%
GM growth 3Y4.34%
GM growth 5Y2.89%
2. Health
2.1 Basic Checks
COKE 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 COKE has been reduced compared to 1 year ago.
Compared to 5 years ago, COKE has more shares outstanding
Compared to 1 year ago, COKE has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 4.00 indicates that COKE is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 4.00, COKE is in the better half of the industry, outperforming 65.63% of the companies in the same industry.
The Debt to FCF ratio of COKE is 3.76, which is a good value as it means it would take COKE, 3.76 years of fcf income to pay off all of its debts.
COKE has a better Debt to FCF ratio (3.76) than 84.38% of its industry peers.
COKE has a Debt/Equity ratio of 0.88. This is a neutral value indicating COKE is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.88, COKE perfoms like the industry average, outperforming 40.63% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.88 | ||
| Debt/FCF | 3.76 | ||
| Altman-Z | 4 |
ROIC/WACC1.95
WACC8.17%
2.3 Liquidity
A Current Ratio of 2.04 indicates that COKE has no problem at all paying its short term obligations.
COKE has a better Current ratio (2.04) than 65.63% of its industry peers.
COKE has a Quick Ratio of 1.78. This is a normal value and indicates that COKE is financially healthy and should not expect problems in meeting its short term obligations.
COKE has a better Quick ratio (1.78) than 90.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.04 | ||
| Quick Ratio | 1.78 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 20.78% over the past year.
The Earnings Per Share has been growing by 137.97% on average over the past years. This is a very strong growth
Looking at the last year, COKE shows a small growth in Revenue. The Revenue has grown by 3.22% in the last year.
The Revenue has been growing slightly by 7.41% on average over the past years.
EPS 1Y (TTM)20.78%
EPS 3Y185.54%
EPS 5Y137.97%
EPS Q2Q%15.27%
Revenue 1Y (TTM)3.22%
Revenue growth 3Y7.44%
Revenue growth 5Y7.41%
Sales Q2Q%3.32%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
COKE is valuated cheaply with a Price/Earnings ratio of 1.51.
Based on the Price/Earnings ratio, COKE is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
COKE's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.51 | ||
| Fwd PE | N/A |
4.2 Price Multiples
COKE's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. COKE is cheaper than 81.25% of the companies in the same industry.
75.00% of the companies in the same industry are more expensive than COKE, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.65 | ||
| EV/EBITDA | 8.6 |
4.3 Compensation for Growth
The excellent profitability rating of COKE may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.01
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a yearly dividend of 0.81%, COKE is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.84, COKE has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.38, COKE's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.81% |
5.2 History
The dividend of COKE is nicely growing with an annual growth rate of 17.92%!
COKE has paid a dividend for at least 10 years, which is a reliable track record.
COKE has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)17.92%
Div Incr Years2
Div Non Decr Years34
5.3 Sustainability
COKE pays out 11.93% of its income as dividend. This is a sustainable payout ratio.
COKE's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP11.93%
EPS Next 2YN/A
EPS Next 3YN/A
113.22
+1.31 (+1.17%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryBeverages
Earnings (Last)
Earnings (Next)
Inst Owners51.5%
Inst Owner Change666.39%
Ins Owners4.43%
Ins Owner ChangeN/A
Market Cap9.84B
Analysts43.33
Price TargetN/A
Short Float %2.28%
Short Ratio2.28
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.81% |
Yearly Dividend2.28
Dividend Growth(5Y)17.92%
DP11.93%
Div Incr Years2
Div Non Decr Years34
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)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.51 | ||
| Fwd PE | N/A | ||
| P/S | 1.42 | ||
| P/FCF | 20.65 | ||
| P/OCF | 11.64 | ||
| P/B | 6.03 | ||
| P/tB | 14.48 | ||
| EV/EBITDA | 8.6 |
EPS(TTM)74.94
EY66.19%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)5.48
FCFY4.84%
OCF(TTM)9.73
OCFY8.59%
SpS79.96
BVpS18.76
TBVpS7.82
PEG (NY)N/A
PEG (5Y)0.01
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.57% | ||
| ROE | 35.92% | ||
| ROCE | 21.6% | ||
| ROIC | 15.89% | ||
| ROICexc | 25.37% | ||
| ROICexgc | 39.72% | ||
| OM | 13.06% | ||
| PM (TTM) | 8.43% | ||
| GM | 39.81% | ||
| FCFM | 6.86% |
ROA(3y)11.01%
ROA(5y)8.78%
ROE(3y)37.23%
ROE(5y)34.39%
ROIC(3y)17.65%
ROIC(5y)14.87%
ROICexc(3y)22.83%
ROICexc(5y)18.15%
ROICexgc(3y)37.03%
ROICexgc(5y)29.78%
ROCE(3y)23.99%
ROCE(5y)20.2%
ROICexcg growth 3Y24%
ROICexcg growth 5Y34.06%
ROICexc growth 3Y26.37%
ROICexc growth 5Y36.2%
OM growth 3Y19.1%
OM growth 5Y27.48%
PM growth 3Y39.11%
PM growth 5Y107.91%
GM growth 3Y4.34%
GM growth 5Y2.89%
F-Score9
Asset Turnover1.25
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.88 | ||
| Debt/FCF | 3.76 | ||
| Debt/EBITDA | 1.29 | ||
| Cap/Depr | 177.81% | ||
| Cap/Sales | 5.31% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 75.81% | ||
| Profit Quality | 81.36% | ||
| Current Ratio | 2.04 | ||
| Quick Ratio | 1.78 | ||
| Altman-Z | 4 |
F-Score9
WACC8.17%
ROIC/WACC1.95
Cap/Depr(3y)180.96%
Cap/Depr(5y)149.39%
Cap/Sales(3y)4.98%
Cap/Sales(5y)4.39%
Profit Quality(3y)87.18%
Profit Quality(5y)123.89%
High Growth Momentum
Growth
EPS 1Y (TTM)20.78%
EPS 3Y185.54%
EPS 5Y137.97%
EPS Q2Q%15.27%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)3.22%
Revenue growth 3Y7.44%
Revenue growth 5Y7.41%
Sales Q2Q%3.32%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y4.43%
EBIT growth 3Y27.97%
EBIT growth 5Y36.93%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y6.49%
FCF growth 3Y12.27%
FCF growth 5Y34.6%
OCF growth 1Y21.77%
OCF growth 3Y18.87%
OCF growth 5Y24.72%