COCA-COLA EUROPACIFIC PARTNE (CCEP.AS) Stock Fundamental Analysis
Europe - AMS:CCEP - GB00BDCPN049 - Common Stock
79 EUR
+2.8 (+3.67%)
CCEP gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 25 industry peers in the Beverages industry. There are concerns on the financial health of CCEP while its profitability can be described as average. CCEP is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
CCEP had positive earnings in the past year.
CCEP had a positive operating cash flow in the past year.
In the past 5 years CCEP has always been profitable.
In the past 5 years CCEP always reported a positive cash flow from operatings.
1.2 Ratios
With a decent Return On Assets value of 4.83%, CCEP is doing good in the industry, outperforming 77.78% of the companies in the same industry.
CCEP's Return On Equity of 19.11% is amongst the best of the industry. CCEP outperforms 81.48% of its industry peers.
CCEP has a Return On Invested Capital of 7.78%. This is in the better half of the industry: CCEP outperforms 66.67% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CCEP is in line with the industry average of 8.01%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.83% | ||
| ROE | 19.11% | ||
| ROIC | 7.78% |
ROA(3y)5.14%
ROA(5y)4.27%
ROE(3y)19.29%
ROE(5y)16.02%
ROIC(3y)7.84%
ROIC(5y)6.6%
1.3 Margins
Looking at the Profit Margin, with a value of 7.35%, CCEP is in line with its industry, outperforming 48.15% of the companies in the same industry.
In the last couple of years the Profit Margin of CCEP has declined.
CCEP's Operating Margin of 11.13% is on the low side compared to the rest of the industry. CCEP is outperformed by 62.96% of its industry peers.
CCEP's Operating Margin has declined in the last couple of years.
CCEP's Gross Margin of 35.20% is on the low side compared to the rest of the industry. CCEP is outperformed by 81.48% of its industry peers.
In the last couple of years the Gross Margin of CCEP has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.13% | ||
| PM (TTM) | 7.35% | ||
| GM | 35.2% |
OM growth 3Y1.73%
OM growth 5Y-1.57%
PM growth 3Y-0.93%
PM growth 5Y-5.22%
GM growth 3Y-1.58%
GM growth 5Y-1.5%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CCEP is still creating some value.
The number of shares outstanding for CCEP has been increased compared to 1 year ago.
CCEP has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, CCEP has an improved debt to assets ratio.
2.2 Solvency
CCEP has an Altman-Z score of 2.08. This is not the best score and indicates that CCEP is in the grey zone with still only limited risk for bankruptcy at the moment.
CCEP has a Altman-Z score (2.08) which is comparable to the rest of the industry.
The Debt to FCF ratio of CCEP is 6.04, which is on the high side as it means it would take CCEP, 6.04 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 6.04, CCEP is doing good in the industry, outperforming 77.78% of the companies in the same industry.
CCEP has a Debt/Equity ratio of 1.26. This is a high value indicating a heavy dependency on external financing.
CCEP has a worse Debt to Equity ratio (1.26) than 62.96% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.26 | ||
| Debt/FCF | 6.04 | ||
| Altman-Z | 2.08 |
ROIC/WACC1.04
WACC7.48%
2.3 Liquidity
A Current Ratio of 0.83 indicates that CCEP may have some problems paying its short term obligations.
CCEP has a Current ratio of 0.83. This is in the lower half of the industry: CCEP underperforms 74.07% of its industry peers.
A Quick Ratio of 0.65 indicates that CCEP may have some problems paying its short term obligations.
The Quick ratio of CCEP (0.65) is better than 62.96% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.83 | ||
| Quick Ratio | 0.65 |
3. Growth
3.1 Past
The earnings per share for CCEP have decreased by -4.76% in the last year.
CCEP shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.80% yearly.
Looking at the last year, CCEP shows a quite strong growth in Revenue. The Revenue has grown by 9.04% in the last year.
Measured over the past years, CCEP shows a quite strong growth in Revenue. The Revenue has been growing by 11.21% on average per year.
EPS 1Y (TTM)-4.76%
EPS 3Y12.68%
EPS 5Y5.8%
EPS Q2Q%14.98%
Revenue 1Y (TTM)9.04%
Revenue growth 3Y14.09%
Revenue growth 5Y11.21%
Sales Q2Q%4.54%
3.2 Future
Based on estimates for the next years, CCEP will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.82% on average per year.
The Revenue is expected to grow by 3.75% on average over the next years.
EPS Next Y4.31%
EPS Next 2Y6.48%
EPS Next 3Y7.12%
EPS Next 5Y9.82%
Revenue Next Year2.1%
Revenue Next 2Y2.44%
Revenue Next 3Y2.93%
Revenue Next 5Y3.75%
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 Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
CCEP is valuated rather expensively with a Price/Earnings ratio of 23.72.
Based on the Price/Earnings ratio, CCEP is valued a bit more expensive than the industry average as 66.67% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Earnings ratio of 26.06, CCEP is valued at the same level.
With a Price/Forward Earnings ratio of 17.39, CCEP is valued on the expensive side.
CCEP's Price/Forward Earnings is on the same level as the industry average.
CCEP's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 32.73.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.72 | ||
| Fwd PE | 17.39 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CCEP indicates a slightly more expensive valuation: CCEP is more expensive than 66.67% of the companies listed in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as CCEP.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.04 | ||
| EV/EBITDA | 13.75 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CCEP does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)5.5
PEG (5Y)4.09
EPS Next 2Y6.48%
EPS Next 3Y7.12%
5. Dividend
5.1 Amount
CCEP has a Yearly Dividend Yield of 2.62%. Purely for dividend investing, there may be better candidates out there.
CCEP's Dividend Yield is comparable with the industry average which is at 3.20.
Compared to an average S&P500 Dividend Yield of 2.37, CCEP has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.62% |
5.2 History
On average, the dividend of CCEP grows each year by 9.91%, which is quite nice.
Dividend Growth(5Y)9.91%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
60.89% of the earnings are spent on dividend by CCEP. This is not a sustainable payout ratio.
CCEP's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP60.89%
EPS Next 2Y6.48%
EPS Next 3Y7.12%
AMS:CCEP (11/7/2025, 7:00:00 PM)
79
+2.8 (+3.67%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryBeverages
Earnings (Last)
Earnings (Next)
Inst Owners37.34%
Inst Owner ChangeN/A
Ins Owners0.22%
Ins Owner ChangeN/A
Market Cap35.86B
Revenue(TTM)20.88B
Net Income(TTM)1.53B
Analysts77.27
Price Target87.77 (11.1%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.62% |
Yearly Dividend1.98
Dividend Growth(5Y)9.91%
DP60.89%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
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)1.16%
PT rev (3m)-0.5%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.1%
EPS NY rev (3m)-1.06%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.14%
Revenue NY rev (3m)-0.89%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.72 | ||
| Fwd PE | 17.39 | ||
| P/S | 1.72 | ||
| P/FCF | 18.04 | ||
| P/OCF | 12.26 | ||
| P/B | 4.47 | ||
| P/tB | N/A | ||
| EV/EBITDA | 13.75 |
EPS(TTM)3.33
EY4.22%
EPS(NY)4.54
Fwd EY5.75%
FCF(TTM)4.38
FCFY5.54%
OCF(TTM)6.44
OCFY8.16%
SpS46
BVpS17.68
TBVpS-19.71
PEG (NY)5.5
PEG (5Y)4.09
Graham Number36.4
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.83% | ||
| ROE | 19.11% | ||
| ROCE | 10.52% | ||
| ROIC | 7.78% | ||
| ROICexc | 8.57% | ||
| ROICexgc | 51.16% | ||
| OM | 11.13% | ||
| PM (TTM) | 7.35% | ||
| GM | 35.2% | ||
| FCFM | 9.52% |
ROA(3y)5.14%
ROA(5y)4.27%
ROE(3y)19.29%
ROE(5y)16.02%
ROIC(3y)7.84%
ROIC(5y)6.6%
ROICexc(3y)8.71%
ROICexc(5y)7.37%
ROICexgc(3y)64.53%
ROICexgc(5y)51.3%
ROCE(3y)10.42%
ROCE(5y)8.8%
ROICexgc growth 3Y8.99%
ROICexgc growth 5Y7.35%
ROICexc growth 3Y14.53%
ROICexc growth 5Y1.38%
OM growth 3Y1.73%
OM growth 5Y-1.57%
PM growth 3Y-0.93%
PM growth 5Y-5.22%
GM growth 3Y-1.58%
GM growth 5Y-1.5%
F-Score6
Asset Turnover0.66
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.26 | ||
| Debt/FCF | 6.04 | ||
| Debt/EBITDA | 3.08 | ||
| Cap/Depr | 98.22% | ||
| Cap/Sales | 4.49% | ||
| Interest Coverage | 9.37 | ||
| Cash Conversion | 89.23% | ||
| Profit Quality | 129.6% | ||
| Current Ratio | 0.83 | ||
| Quick Ratio | 0.65 | ||
| Altman-Z | 2.08 |
F-Score6
WACC7.48%
ROIC/WACC1.04
Cap/Depr(3y)92.36%
Cap/Depr(5y)78.04%
Cap/Sales(3y)4.17%
Cap/Sales(5y)3.92%
Profit Quality(3y)141.19%
Profit Quality(5y)162.2%
High Growth Momentum
Growth
EPS 1Y (TTM)-4.76%
EPS 3Y12.68%
EPS 5Y5.8%
EPS Q2Q%14.98%
EPS Next Y4.31%
EPS Next 2Y6.48%
EPS Next 3Y7.12%
EPS Next 5Y9.82%
Revenue 1Y (TTM)9.04%
Revenue growth 3Y14.09%
Revenue growth 5Y11.21%
Sales Q2Q%4.54%
Revenue Next Year2.1%
Revenue Next 2Y2.44%
Revenue Next 3Y2.93%
Revenue Next 5Y3.75%
EBIT growth 1Y2.97%
EBIT growth 3Y16.06%
EBIT growth 5Y9.46%
EBIT Next Year43.74%
EBIT Next 3Y17.22%
EBIT Next 5Y13.31%
FCF growth 1Y5.8%
FCF growth 3Y8.29%
FCF growth 5Y10.26%
OCF growth 1Y13.11%
OCF growth 3Y13.08%
OCF growth 5Y9.96%
COCA-COLA EUROPACIFIC PARTNE / CCEP.AS FAQ
Can you provide the ChartMill fundamental rating for COCA-COLA EUROPACIFIC PARTNE?
ChartMill assigns a fundamental rating of 4 / 10 to CCEP.AS.
Can you provide the valuation status for COCA-COLA EUROPACIFIC PARTNE?
ChartMill assigns a valuation rating of 2 / 10 to COCA-COLA EUROPACIFIC PARTNE (CCEP.AS). This can be considered as Overvalued.
How profitable is COCA-COLA EUROPACIFIC PARTNE (CCEP.AS) stock?
COCA-COLA EUROPACIFIC PARTNE (CCEP.AS) has a profitability rating of 5 / 10.
Can you provide the PE and PB ratios for CCEP stock?
The Price/Earnings (PE) ratio for COCA-COLA EUROPACIFIC PARTNE (CCEP.AS) is 23.72 and the Price/Book (PB) ratio is 4.47.
What is the earnings growth outlook for COCA-COLA EUROPACIFIC PARTNE?
The Earnings per Share (EPS) of COCA-COLA EUROPACIFIC PARTNE (CCEP.AS) is expected to grow by 4.31% in the next year.