COCA-COLA CONSOLIDATED INC (COKE) Stock Fundamental Analysis
USA - NASDAQ:COKE - US1910981026 - Common Stock
128.13 USD
-0.04 (-0.03%)
127.85 USD
-0.28 (-0.22%)
COKE gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 33 industry peers in the Beverages industry. Both the health and profitability get an excellent rating, making COKE a very profitable company, without any liquidiy or solvency issues. COKE is valued correctly, 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.
COKE had positive earnings in each of the past 5 years.
Each year in the past 5 years COKE had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 10.57%, COKE belongs to the best of the industry, outperforming 87.88% of the companies in the same industry.
Looking at the Return On Equity, with a value of 35.92%, 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 15.89%, COKE belongs to the best of the industry, outperforming 87.88% 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 10.75%.
| 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
COKE has a better Profit Margin (8.43%) than 60.61% of its industry peers.
COKE's Profit Margin has improved in the last couple of years.
COKE's Operating Margin of 13.06% is in line compared to the rest of the industry. COKE outperforms 54.55% of its industry peers.
COKE's Operating Margin has improved in the last couple of years.
The Gross Margin of COKE (39.80%) is worse than 60.61% of its industry peers.
COKE's Gross Margin has improved in the last couple of years.
| 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.
COKE has less shares outstanding than it did 1 year ago.
COKE has more shares outstanding than it did 5 years ago.
The debt/assets ratio for COKE is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 4.22 indicates that COKE is not in any danger for bankruptcy at the moment.
The Altman-Z score of COKE (4.22) is better than 78.79% of its industry peers.
COKE has a debt to FCF ratio of 3.76. This is a good value and a sign of high solvency as COKE would need 3.76 years to pay back of all of its debts.
COKE has a better Debt to FCF ratio (3.76) than 84.85% 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.
COKE has a Debt to Equity ratio of 0.88. This is in the lower half of the industry: COKE underperforms 60.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.88 | ||
| Debt/FCF | 3.76 | ||
| Altman-Z | 4.22 |
ROIC/WACC1.95
WACC8.14%
2.3 Liquidity
A Current Ratio of 2.04 indicates that COKE has no problem at all paying its short term obligations.
With a decent Current ratio value of 2.04, COKE is doing good in the industry, outperforming 66.67% of the companies in the same industry.
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's Quick ratio of 1.78 is amongst the best of the industry. COKE outperforms 90.91% 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
COKE shows a small growth in Revenue. In the last year, the Revenue has grown by 3.22%.
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
With a Price/Earnings ratio of 1.71, the valuation of COKE can be described as very cheap.
Based on the Price/Earnings ratio, COKE is valued cheaper than 100.00% of the companies in the same industry.
COKE's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.71 | ||
| Fwd PE | N/A |
4.2 Price Multiples
COKE's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. COKE is cheaper than 69.70% of the companies in the same industry.
63.64% 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 | 23.37 | ||
| EV/EBITDA | 9.87 |
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 0.78%, which is pretty low.
COKE's Dividend Yield is comparable with the industry average which is at 3.05.
Compared to an average S&P500 Dividend Yield of 2.30, COKE's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.78% |
5.2 History
On average, the dividend of COKE grows each year by 17.92%, which is quite nice.
COKE has been paying a dividend for at least 10 years, so it has 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
11.93% 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.
DP11.93%
EPS Next 2YN/A
EPS Next 3YN/A
128.13
-0.04 (-0.03%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryBeverages
Earnings (Last)
Earnings (Next)
Inst Owners51.69%
Inst Owner Change0.72%
Ins Owners4.43%
Ins Owner ChangeN/A
Market Cap11.13B
Revenue(TTM)6.95B
Net Income(TTM)585.57M
Analysts43.33
Price TargetN/A
Short Float %3.28%
Short Ratio3.57
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.78% |
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 | 1.71 | ||
| Fwd PE | N/A | ||
| P/S | 1.6 | ||
| P/FCF | 23.37 | ||
| P/OCF | 13.17 | ||
| P/B | 6.83 | ||
| P/tB | 16.39 | ||
| EV/EBITDA | 9.87 |
EPS(TTM)74.94
EY58.49%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)5.48
FCFY4.28%
OCF(TTM)9.73
OCFY7.59%
SpS79.96
BVpS18.76
TBVpS7.82
PEG (NY)N/A
PEG (5Y)0.01
Graham Number177.86
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%
ROICexgc growth 3Y24%
ROICexgc 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 | 4.22 |
F-Score9
WACC8.14%
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%
COCA-COLA CONSOLIDATED INC / COKE FAQ
What is the fundamental rating for COKE stock?
ChartMill assigns a fundamental rating of 6 / 10 to COKE.
What is the valuation status for COKE stock?
ChartMill assigns a valuation rating of 5 / 10 to COCA-COLA CONSOLIDATED INC (COKE). This can be considered as Fairly Valued.
How profitable is COCA-COLA CONSOLIDATED INC (COKE) stock?
COCA-COLA CONSOLIDATED INC (COKE) has a profitability rating of 8 / 10.
Is the dividend of COCA-COLA CONSOLIDATED INC sustainable?
The dividend rating of COCA-COLA CONSOLIDATED INC (COKE) is 6 / 10 and the dividend payout ratio is 11.93%.