COCA-COLA CONSOLIDATED INC (COKE) Stock Fundamental Analysis
NASDAQ:COKE - Nasdaq - US1910981026 - Common Stock - Currency: USD
Overall COKE gets a fundamental rating of 6 out of 10. We evaluated COKE against 33 industry peers in the Beverages industry. COKE gets an excellent profitability rating and is at the same time showing great financial health properties. 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.
In the past year COKE had a positive cash flow from operations.
Each year in the past 5 years COKE has been profitable.
COKE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 10.57%, COKE belongs to the top of the industry, outperforming 81.82% of the companies in the same industry.
Looking at the Return On Equity, with a value of 38.08%, COKE belongs to the top of the industry, outperforming 90.91% of the companies in the same industry.
With an excellent Return On Invested Capital value of 16.00%, COKE belongs to the best of the industry, outperforming 84.85% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for COKE is significantly above the industry average of 11.23%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.57% | ||
| ROE | 38.08% | ||
| ROIC | 16% |
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
Looking at the Profit Margin, with a value of 8.29%, COKE is in the better half of the industry, outperforming 60.61% of the companies in the same industry.
In the last couple of years the Profit Margin of COKE has grown nicely.
Looking at the Operating Margin, with a value of 12.99%, COKE is in line with its industry, outperforming 51.52% of the companies in the same industry.
COKE's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 39.77%, COKE is doing worse than 66.67% of the companies in the same industry.
In the last couple of years the Gross Margin of COKE has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.99% | ||
| PM (TTM) | 8.29% | ||
| GM | 39.77% |
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.
COKE has less shares outstanding than it did 1 year ago.
The number of shares outstanding for COKE has been increased compared to 5 years ago.
Compared to 1 year ago, COKE has a worse debt to assets ratio.
2.2 Solvency
COKE has an Altman-Z score of 4.00. This indicates that COKE is financially healthy and has little risk of bankruptcy at the moment.
COKE has a better Altman-Z score (4.00) than 66.67% of its industry peers.
The Debt to FCF ratio of COKE is 3.67, which is a good value as it means it would take COKE, 3.67 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of COKE (3.67) is better than 81.82% of its industry peers.
A Debt/Equity ratio of 0.96 indicates that COKE is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.96, COKE is not doing good in the industry: 63.64% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.96 | ||
| Debt/FCF | 3.67 | ||
| Altman-Z | 4 |
ROIC/WACC1.9
WACC8.44%
2.3 Liquidity
A Current Ratio of 2.03 indicates that COKE has no problem at all paying its short term obligations.
COKE's Current ratio of 2.03 is fine compared to the rest of the industry. COKE outperforms 66.67% of its industry peers.
COKE has a Quick Ratio of 1.76. This is a normal value and indicates that COKE is financially healthy and should not expect problems in meeting its short term obligations.
With an excellent Quick ratio value of 1.76, COKE belongs to the best of the industry, outperforming 87.88% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.03 | ||
| Quick Ratio | 1.76 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 24.78% over the past year.
Measured over the past years, COKE shows a very strong growth in Earnings Per Share. The EPS has been growing by 137.97% on average per year.
Looking at the last year, COKE shows a small growth in Revenue. The Revenue has grown by 3.21% in the last year.
Measured over the past years, COKE shows a small growth in Revenue. The Revenue has been growing by 7.41% on average per year.
EPS 1Y (TTM)24.78%
EPS 3Y185.54%
EPS 5Y137.97%
EPS Q2Q%-33.33%
Revenue 1Y (TTM)3.21%
Revenue growth 3Y7.44%
Revenue growth 5Y7.41%
Sales Q2Q%-0.73%
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
The Price/Earnings ratio is 1.46, which indicates a rather cheap valuation of COKE.
100.00% of the companies in the same industry are more expensive than COKE, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of COKE to the average of the S&P500 Index (27.19), we can say COKE is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.46 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, COKE is valued cheaper than 81.82% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of COKE indicates a somewhat cheap valuation: COKE is cheaper than 75.76% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.55 | ||
| EV/EBITDA | 8.9 |
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
COKE has a yearly dividend return of 0.88%, which is pretty low.
In the last 3 months the price of COKE has falen by -22.63%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
Compared to an average industry Dividend Yield of 3.08, COKE has a dividend in line with its industry peers.
With a Dividend Yield of 0.88, COKE pays less dividend than the S&P500 average, which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.88% |
5.2 History
On average, the dividend of COKE grows each year by 83.00%, which is quite nice.
COKE has paid a dividend for at least 10 years, which is a reliable track record.
COKE has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)83%
Div Incr Years2
Div Non Decr Years34
5.3 Sustainability
9.24% of the earnings are spent on dividend by COKE. This is a low number and sustainable payout ratio.
COKE's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP9.24%
EPS Next 2YN/A
EPS Next 3YN/A
109.55
-2.7 (-2.41%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryBeverages
Earnings (Last)
Earnings (Next)
Inst Owners52.09%
Inst Owner Change0%
Ins Owners4.41%
Ins Owner ChangeN/A
Market Cap9.55B
Analysts43.33
Price TargetN/A
Short Float %2.11%
Short Ratio2.21
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.88% |
Yearly Dividend20.52
Dividend Growth(5Y)83%
DP9.24%
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 | 1.46 | ||
| Fwd PE | N/A | ||
| P/S | 1.39 | ||
| P/FCF | 19.55 | ||
| P/OCF | 10.85 | ||
| P/B | 6.37 | ||
| P/tB | 17.62 | ||
| EV/EBITDA | 8.9 |
EPS(TTM)74.94
EY68.41%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)5.6
FCFY5.11%
OCF(TTM)10.1
OCFY9.22%
SpS79.01
BVpS17.2
TBVpS6.22
PEG (NY)N/A
PEG (5Y)0.01
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.57% | ||
| ROE | 38.08% | ||
| ROCE | 21.75% | ||
| ROIC | 16% | ||
| ROICexc | 25.11% | ||
| ROICexgc | 39.56% | ||
| OM | 12.99% | ||
| PM (TTM) | 8.29% | ||
| GM | 39.77% | ||
| FCFM | 7.09% |
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-Score5
Asset Turnover1.27
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.96 | ||
| Debt/FCF | 3.67 | ||
| Debt/EBITDA | 1.31 | ||
| Cap/Depr | 195.52% | ||
| Cap/Sales | 5.69% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 80.38% | ||
| Profit Quality | 85.54% | ||
| Current Ratio | 2.03 | ||
| Quick Ratio | 1.76 | ||
| Altman-Z | 4 |
F-Score5
WACC8.44%
ROIC/WACC1.9
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)24.78%
EPS 3Y185.54%
EPS 5Y137.97%
EPS Q2Q%-33.33%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)3.21%
Revenue growth 3Y7.44%
Revenue growth 5Y7.41%
Sales Q2Q%-0.73%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y6.04%
EBIT growth 3Y27.97%
EBIT growth 5Y36.93%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y35.37%
FCF growth 3Y12.27%
FCF growth 5Y34.6%
OCF growth 1Y44.71%
OCF growth 3Y18.87%
OCF growth 5Y24.72%