COCA-COLA CONSOLIDATED INC (COKE) Stock Fundamental Analysis
NASDAQ:COKE - Nasdaq - US1910981026 - Common Stock - Currency: USD
We assign a fundamental rating of 6 out of 10 to COKE. COKE was compared to 32 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 is valued correctly, 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.
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
With an excellent Return On Assets value of 10.57%, COKE belongs to the best of the industry, outperforming 81.25% of the companies in the same industry.
COKE's Return On Equity of 38.08% is amongst the best of the industry. COKE outperforms 90.63% of its industry peers.
COKE has a Return On Invested Capital of 16.00%. This is amongst the best in the industry. COKE outperforms 84.38% of its industry peers.
The Average Return On Invested Capital over the past 3 years for COKE is significantly above the industry average of 11.51%.
| 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
COKE has a Profit Margin of 8.29%. This is in the better half of the industry: COKE outperforms 65.63% of its industry peers.
COKE's Profit Margin has improved in the last couple of years.
COKE has a Operating Margin (12.99%) which is comparable to the rest of the industry.
COKE's Operating Margin has improved in the last couple of years.
COKE has a Gross Margin of 39.77%. This is in the lower half of the industry: COKE underperforms 68.75% of its industry peers.
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
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 3.99. This indicates that COKE is financially healthy and has little risk of bankruptcy at the moment.
COKE has a Altman-Z score of 3.99. This is in the better half of the industry: COKE outperforms 68.75% of its industry peers.
COKE has a debt to FCF ratio of 3.67. This is a good value and a sign of high solvency as COKE would need 3.67 years to pay back of all of its debts.
The Debt to FCF ratio of COKE (3.67) is better than 81.25% of its industry peers.
A Debt/Equity ratio of 0.96 indicates that COKE is somewhat dependend on debt financing.
COKE has a Debt to Equity ratio of 0.96. This is in the lower half of the industry: COKE underperforms 62.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.96 | ||
| Debt/FCF | 3.67 | ||
| Altman-Z | 3.99 |
ROIC/WACC1.93
WACC8.28%
2.3 Liquidity
COKE has a Current Ratio of 2.03. This indicates that COKE is financially healthy and has no problem in meeting its short term obligations.
With a decent Current ratio value of 2.03, COKE is doing good in the industry, outperforming 65.63% of the companies in the same industry.
A Quick Ratio of 1.76 indicates that COKE should not have too much problems paying its short term obligations.
The Quick ratio of COKE (1.76) is better than 87.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.03 | ||
| Quick Ratio | 1.76 |
3. Growth
3.1 Past
COKE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 24.78%, 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.
COKE shows a small growth in Revenue. In the last year, the Revenue has grown by 3.21%.
COKE shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.41% yearly.
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
With a Price/Earnings ratio of 1.50, the valuation of COKE can be described as very cheap.
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.
COKE's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.5 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of COKE indicates a rather cheap valuation: COKE is cheaper than 81.25% of the companies listed in the same industry.
COKE's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. COKE is cheaper than 78.13% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20 | ||
| EV/EBITDA | 8.83 |
4.3 Compensation for Growth
COKE has an outstanding profitability rating, which 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 0.89%, which is pretty low.
COKE's Dividend Yield is comparable with the industry average which is at 2.80.
Compared to an average S&P500 Dividend Yield of 2.39, COKE's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.89% |
5.2 History
The dividend of COKE is nicely growing with an annual growth rate of 83.00%!
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
COKE pays out 9.24% of its income as dividend. This is a sustainable payout ratio.
The dividend of COKE is growing, but earnings are growing more, so the dividend growth is sustainable.
DP9.24%
EPS Next 2YN/A
EPS Next 3YN/A
112.41
+0.66 (+0.59%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryBeverages
Earnings (Last)
Earnings (Next)
Inst Owners52.09%
Inst Owner Change39.53%
Ins Owners4.41%
Ins Owner ChangeN/A
Market Cap9.77B
Analysts43.33
Price TargetN/A
Short Float %2.6%
Short Ratio2.17
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.89% |
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 | 1.5 | ||
| Fwd PE | N/A | ||
| P/S | 1.42 | ||
| P/FCF | 20 | ||
| P/OCF | 11.1 | ||
| P/B | 6.51 | ||
| P/tB | 18.02 | ||
| EV/EBITDA | 8.83 |
EPS(TTM)74.94
EY66.67%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)5.62
FCFY5%
OCF(TTM)10.13
OCFY9.01%
SpS79.27
BVpS17.26
TBVpS6.24
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 | 3.99 |
F-Score5
WACC8.28%
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)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%