88.14 USD
+2.71 (+3.17%)
88.14 USD
0 (0%)
CCEP gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 33 industry peers in the Beverages industry. While CCEP is still in line with the averages on profitability rating, there are concerns on its financial health. CCEP is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
CCEP had positive earnings in the past year.
In the past year CCEP had a positive cash flow from operations.
In the past 5 years CCEP has always been profitable.
Each year in the past 5 years CCEP had a positive operating cash flow.
1.2 Ratios
CCEP's Return On Assets of 4.83% is in line compared to the rest of the industry. CCEP outperforms 54.55% of its industry peers.
CCEP has a better Return On Equity (19.11%) than 63.64% of its industry peers.
With a Return On Invested Capital value of 7.78%, CCEP perfoms like the industry average, outperforming 51.52% of the companies in the same industry.
CCEP had an Average Return On Invested Capital over the past 3 years of 7.81%. This is below the industry average of 11.47%.
| 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)7.81%
ROIC(5y)6.59%
1.3 Margins
With a Profit Margin value of 7.35%, CCEP perfoms like the industry average, outperforming 48.48% of the companies in the same industry.
CCEP's Profit Margin has declined in the last couple of years.
CCEP's Operating Margin of 11.13% is in line compared to the rest of the industry. CCEP outperforms 42.42% of its industry peers.
In the last couple of years the Operating Margin of CCEP has declined.
CCEP has a worse Gross Margin (35.20%) than 84.85% 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 3Y1.65%
OM growth 5Y-1.62%
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.
Compared to 1 year ago, CCEP has more shares outstanding
Compared to 5 years ago, CCEP has more shares outstanding
Compared to 1 year ago, CCEP has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.02 indicates that CCEP is not a great score, but indicates only limited risk for bankruptcy at the moment.
CCEP has a Altman-Z score (2.02) 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.
Looking at the Debt to FCF ratio, with a value of 6.04, CCEP is in the better half of the industry, outperforming 60.61% 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.
The Debt to Equity ratio of CCEP (1.26) is worse than 75.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.26 | ||
| Debt/FCF | 6.04 | ||
| Altman-Z | 2.02 |
ROIC/WACC1.02
WACC7.63%
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 75.76% of its industry peers.
CCEP has a Quick Ratio of 0.83. This is a bad value and indicates that CCEP is not financially healthy enough and could expect problems in meeting its short term obligations.
CCEP's Quick ratio of 0.65 is in line compared to the rest of the industry. CCEP outperforms 42.42% 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 -4.86% in the last year.
Measured over the past 5 years, CCEP shows a small growth in Earnings Per Share. The EPS has been growing by 5.83% on average per year.
Looking at the last year, CCEP shows a quite strong growth in Revenue. The Revenue has grown by 9.04% in the last year.
The Revenue has been growing by 11.21% on average over the past years. This is quite good.
EPS 1Y (TTM)-4.86%
EPS 3Y12.73%
EPS 5Y5.83%
EPS Q2Q%15.03%
Revenue 1Y (TTM)9.04%
Revenue growth 3Y14.09%
Revenue growth 5Y11.21%
Sales Q2Q%4.54%
3.2 Future
The Earnings Per Share is expected to grow by 8.72% on average over the next years. This is quite good.
CCEP is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.34% yearly.
EPS Next Y4.19%
EPS Next 2Y6.49%
EPS Next 3Y7.42%
EPS Next 5Y8.72%
Revenue Next Year1.93%
Revenue Next 2Y2.29%
Revenue Next 3Y2.83%
Revenue Next 5Y3.34%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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 22.66.
The rest of the industry has a similar Price/Earnings ratio as CCEP.
When comparing the Price/Earnings ratio of CCEP to the average of the S&P500 Index (27.00), we can say CCEP is valued inline with the index average.
With a Price/Forward Earnings ratio of 16.60, CCEP is valued correctly.
The rest of the industry has a similar Price/Forward Earnings ratio as CCEP.
CCEP is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.70, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.66 | ||
| Fwd PE | 16.6 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CCEP is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, CCEP is valued a bit cheaper than the industry average as 75.76% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.23 | ||
| EV/EBITDA | 13.7 |
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)5.41
PEG (5Y)3.89
EPS Next 2Y6.49%
EPS Next 3Y7.42%
5. Dividend
5.1 Amount
CCEP has a Yearly Dividend Yield of 2.57%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.80, CCEP pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 1.94, CCEP pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.57% |
5.2 History
The dividend of CCEP is nicely growing with an annual growth rate of 8.87%!
CCEP has been paying a dividend for at least 10 years, so it has a reliable track record.
CCEP has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)8.87%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
CCEP pays out 60.89% of its income as dividend. 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 2Y6.49%
EPS Next 3Y7.42%
88.14
+2.71 (+3.17%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryBeverages
Earnings (Last)
Earnings (Next)
Inst Owners39.6%
Inst Owner Change0%
Ins Owners0.22%
Ins Owner ChangeN/A
Market Cap40.01B
Revenue(TTM)20.88B
Net Income(TTM)1.53B
Analysts77.27
Price Target102.17 (15.92%)
Short Float %3.04%
Short Ratio3.96
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.57% |
Yearly Dividend2.04
Dividend Growth(5Y)8.87%
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)0%
PT rev (3m)-0.02%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-0.22%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.32%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.66 | ||
| Fwd PE | 16.6 | ||
| P/S | 1.64 | ||
| P/FCF | 17.23 | ||
| P/OCF | 11.71 | ||
| P/B | 4.27 | ||
| P/tB | N/A | ||
| EV/EBITDA | 13.7 |
EPS(TTM)3.89
EY4.41%
EPS(NY)5.31
Fwd EY6.02%
FCF(TTM)5.12
FCFY5.8%
OCF(TTM)7.53
OCFY8.54%
SpS53.75
BVpS20.66
TBVpS-23.03
PEG (NY)5.41
PEG (5Y)3.89
Graham Number42.53
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)7.81%
ROIC(5y)6.59%
ROICexc(3y)8.69%
ROICexc(5y)7.36%
ROICexgc(3y)64.35%
ROICexgc(5y)51.19%
ROCE(3y)10.39%
ROCE(5y)8.78%
ROICexgc growth 3Y8.9%
ROICexgc growth 5Y7.3%
ROICexc growth 3Y14.44%
ROICexc growth 5Y1.33%
OM growth 3Y1.65%
OM growth 5Y-1.62%
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 | 3.27 | ||
| Cap/Depr | 121.53% | ||
| Cap/Sales | 4.49% | ||
| Interest Coverage | 9.37 | ||
| Cash Conversion | 94.51% | ||
| Profit Quality | 129.6% | ||
| Current Ratio | 0.83 | ||
| Quick Ratio | 0.65 | ||
| Altman-Z | 2.02 |
F-Score6
WACC7.63%
ROIC/WACC1.02
Cap/Depr(3y)107.76%
Cap/Depr(5y)87.29%
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)-4.86%
EPS 3Y12.73%
EPS 5Y5.83%
EPS Q2Q%15.03%
EPS Next Y4.19%
EPS Next 2Y6.49%
EPS Next 3Y7.42%
EPS Next 5Y8.72%
Revenue 1Y (TTM)9.04%
Revenue growth 3Y14.09%
Revenue growth 5Y11.21%
Sales Q2Q%4.54%
Revenue Next Year1.93%
Revenue Next 2Y2.29%
Revenue Next 3Y2.83%
Revenue Next 5Y3.34%
EBIT growth 1Y2.42%
EBIT growth 3Y15.97%
EBIT growth 5Y9.41%
EBIT Next Year43.24%
EBIT Next 3Y17.37%
EBIT Next 5Y12.38%
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 FAQ
Can you provide the ChartMill fundamental rating for COCA-COLA EUROPACIFIC PARTNE?
ChartMill assigns a fundamental rating of 4 / 10 to CCEP.
What is the valuation status of COCA-COLA EUROPACIFIC PARTNE (CCEP) stock?
ChartMill assigns a valuation rating of 3 / 10 to COCA-COLA EUROPACIFIC PARTNE (CCEP). This can be considered as Overvalued.
How profitable is COCA-COLA EUROPACIFIC PARTNE (CCEP) stock?
COCA-COLA EUROPACIFIC PARTNE (CCEP) has a profitability rating of 4 / 10.
What is the valuation of COCA-COLA EUROPACIFIC PARTNE based on its PE and PB ratios?
The Price/Earnings (PE) ratio for COCA-COLA EUROPACIFIC PARTNE (CCEP) is 22.66 and the Price/Book (PB) ratio is 4.27.
Can you provide the expected EPS growth for CCEP stock?
The Earnings per Share (EPS) of COCA-COLA EUROPACIFIC PARTNE (CCEP) is expected to grow by 4.19% in the next year.