COCA-COLA CONSOLIDATED INC (COKE) Stock Fundamental Analysis
USA - NASDAQ:COKE - US1910981026 - Common Stock
118.79 USD
-1.86 (-1.54%)
118.79 USD
0 (0%)
COKE gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 33 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 on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
COKE had positive earnings in the past year.
In the past year COKE had a positive cash flow from operations.
In the past 5 years COKE has always been profitable.
Each year in the past 5 years COKE had a positive operating cash flow.
1.2 Ratios
COKE has a better Return On Assets (10.57%) than 87.88% of its industry peers.
With an excellent Return On Equity value of 35.92%, COKE belongs to the best 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 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 10.78%.
| 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 63.64% of the companies in the same industry.
In the last couple of years the Profit Margin of COKE has grown nicely.
With a Operating Margin value of 13.06%, COKE perfoms like the industry average, outperforming 54.55% of the companies in the same industry.
COKE's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 39.80%, COKE perfoms like the industry average, outperforming 42.42% 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 | 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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so COKE is creating value.
Compared to 1 year ago, COKE has less shares outstanding
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
COKE has an Altman-Z score of 4.12. This indicates that COKE is financially healthy and has little risk of bankruptcy at the moment.
COKE has a Altman-Z score of 4.12. This is in the better half of the industry: COKE outperforms 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.
Looking at the Debt to FCF ratio, with a value of 3.76, COKE belongs to the top of the industry, outperforming 84.85% of the companies in the same industry.
A Debt/Equity ratio of 0.88 indicates that COKE is somewhat dependend on debt financing.
COKE's Debt to Equity ratio of 0.88 is on the low side compared to the rest of the industry. COKE is outperformed by 60.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.88 | ||
| Debt/FCF | 3.76 | ||
| Altman-Z | 4.12 |
ROIC/WACC1.93
WACC8.22%
2.3 Liquidity
COKE has a Current Ratio of 2.04. This indicates that COKE is financially healthy and has no problem in meeting 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.
A Quick Ratio of 1.78 indicates that COKE should not have too much problems paying its short term obligations.
The Quick ratio of COKE (1.78) is better than 90.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.04 | ||
| Quick Ratio | 1.78 |
3. Growth
3.1 Past
COKE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 20.78%, which is quite impressive.
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.
The Revenue has been growing slightly by 3.22% in the past 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)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 1.59.
Compared to the rest of the industry, the Price/Earnings ratio of COKE indicates a rather cheap valuation: COKE is cheaper than 100.00% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of COKE to the average of the S&P500 Index (27.90), we can say COKE is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.59 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, COKE is valued a bit cheaper than 72.73% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, COKE is valued a bit cheaper than 69.70% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.66 | ||
| EV/EBITDA | 9.28 |
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 0.84%, which is pretty low.
COKE's Dividend Yield is comparable with the industry average which is at 2.98.
Compared to an average S&P500 Dividend Yield of 2.44, COKE's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.84% |
5.2 History
The dividend of COKE is nicely growing with an annual growth rate of 17.92%!
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
118.79
-1.86 (-1.54%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryBeverages
Earnings (Last)
Earnings (Next)
Inst Owners51.69%
Inst Owner Change0%
Ins Owners4.43%
Ins Owner ChangeN/A
Market Cap10.32B
Analysts43.33
Price TargetN/A
Short Float %2.3%
Short Ratio2.09
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.84% |
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 | 1.59 | ||
| Fwd PE | N/A | ||
| P/S | 1.49 | ||
| P/FCF | 21.66 | ||
| P/OCF | 12.21 | ||
| P/B | 6.33 | ||
| P/tB | 15.19 | ||
| EV/EBITDA | 9.28 |
EPS(TTM)74.94
EY63.09%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)5.48
FCFY4.62%
OCF(TTM)9.73
OCFY8.19%
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 | 4.12 |
F-Score9
WACC8.22%
ROIC/WACC1.93
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%