ASX:CCL

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Executive Summary

Coca-Cola Amatil Limited, together with its subsidiaries, prepares, distributes, and sells non-alcoholic and alcoholic ready-to-drink beverages in Australia, New Zealand, Indonesia, Papua New Guinea, Fiji, and Samoa. More Details


Snowflake Analysis

High growth potential with mediocre balance sheet.


Similar Companies

Share Price & News

How has Coca-Cola Amatil's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CCL has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

4.1%

CCL

1.8%

AU Beverage

1.9%

AU Market


1 Year Return

-10.7%

CCL

-36.6%

AU Beverage

-10.0%

AU Market

Return vs Industry: CCL exceeded the Australian Beverage industry which returned -36.6% over the past year.

Return vs Market: CCL matched the Australian Market which returned -10% over the past year.


Shareholder returns

CCLIndustryMarket
7 Day4.1%1.8%1.9%
30 Day3.2%-0.9%-1.9%
90 Day9.6%-3.3%3.1%
1 Year-8.0%-10.7%-34.8%-36.6%-6.8%-10.0%
3 Year40.9%22.9%-6.6%-14.7%17.5%2.4%
5 Year31.5%4.0%40.2%15.8%43.6%13.4%

Price Volatility Vs. Market

How volatile is Coca-Cola Amatil's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Coca-Cola Amatil undervalued compared to its fair value and its price relative to the market?

44.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CCL (A$9.59) is trading below our estimate of fair value (A$17.12)

Significantly Below Fair Value: CCL is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CCL is poor value based on its PE Ratio (35.1x) compared to the XO Beverage industry average (22.9x).

PE vs Market: CCL is poor value based on its PE Ratio (35.1x) compared to the Australian market (20.2x).


Price to Earnings Growth Ratio

PEG Ratio: CCL is poor value based on its PEG Ratio (1.6x)


Price to Book Ratio

PB vs Industry: CCL is overvalued based on its PB Ratio (5.2x) compared to the AU Beverage industry average (1.7x).


Next Steps

Future Growth

How is Coca-Cola Amatil forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?

21.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CCL's forecast earnings growth (21.6% per year) is above the savings rate (2.3%).

Earnings vs Market: CCL's earnings (21.6% per year) are forecast to grow faster than the Australian market (17.1% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: CCL's revenue (5% per year) is forecast to grow faster than the Australian market (4.4% per year).

High Growth Revenue: CCL's revenue (5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CCL's Return on Equity is forecast to be high in 3 years time (24.7%)


Next Steps

Past Performance

How has Coca-Cola Amatil performed over the past 5 years?

0.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CCL has a large one-off loss of A$232.4M impacting its June 26 2020 financial results.

Growing Profit Margin: CCL's current net profit margins (4.1%) are lower than last year (8.2%).


Past Earnings Growth Analysis

Earnings Trend: CCL's earnings have grown by 0.3% per year over the past 5 years.

Accelerating Growth: CCL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CCL had negative earnings growth (-50.7%) over the past year, making it difficult to compare to the Beverage industry average (34.9%).


Return on Equity

High ROE: CCL's Return on Equity (9.9%) is considered low.


Next Steps

Financial Health

How is Coca-Cola Amatil's financial position?


Financial Position Analysis

Short Term Liabilities: CCL's short term assets (A$2.4B) exceed its short term liabilities (A$1.5B).

Long Term Liabilities: CCL's short term assets (A$2.4B) do not cover its long term liabilities (A$2.8B).


Debt to Equity History and Analysis

Debt Level: CCL's debt to equity ratio (135.9%) is considered high.

Reducing Debt: CCL's debt to equity ratio has increased from 107.5% to 135.9% over the past 5 years.

Debt Coverage: CCL's debt is well covered by operating cash flow (30.9%).

Interest Coverage: CCL's interest payments on its debt are well covered by EBIT (8.8x coverage).


Balance Sheet


Next Steps

Dividend

What is Coca-Cola Amatil current dividend yield, its reliability and sustainability?

4.90%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CCL's dividend (4.9%) is higher than the bottom 25% of dividend payers in the Australian market (2.34%).

High Dividend: CCL's dividend (4.9%) is low compared to the top 25% of dividend payers in the Australian market (5.57%).


Stability and Growth of Payments

Stable Dividend: CCL's dividend payments have been volatile in the past 10 years.

Growing Dividend: CCL's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (128.2%), CCL's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: CCL's dividends in 3 years are forecast to be covered by earnings (82.9% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.5yrs

Average management tenure


CEO

Alison Watkins (57 yo)

6.5yrs

Tenure

AU$5,482,638

Compensation

Ms. Alison Mary Watkins joined Coca-Cola Amatil Limited in March 2014 as Group Managing Director. She has extensive experience in the food, beverage, retail and financial industries. From 2003 to 2010, she ...


CEO Compensation Analysis

Compensation vs Market: Alison's total compensation ($USD3.87M) is above average for companies of similar size in the Australian market ($USD2.66M).

Compensation vs Earnings: Alison's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Alison Watkins
Group MD & Executive Director6.5yrsAU$5.48m0.051%
A$ 3.5m
Kadir Gunduz
Managing Director of Indonesia & Papua New Guinea6.92yrsAU$2.46mno data
Chris Litchfield
Managing Director of New Zealand & Fiji6.17yrsAU$1.48m0.012%
A$ 856.9k
Peter West
Managing Director of Australia2.42yrsAU$2.96m0.00059%
A$ 40.8k
Greg Barnes
Group Chief Financial Officer0.25yrno datano data
Deborah Nova
Group Chief Information Officer2.67yrsno datano data
Ana Metelo
Investor Relations Advisorno datano datano data
Betty S. Ivanoff
Group Director of Legal & Corporate Affairs and Company Secretary4.42yrsno datano data
Kate Mason
Group Director of People & Culture2.5yrsno datano data
Richard Conway
Group Company Secretary0.33yrno datano data
Stuart Comino
Chief Financial Officer of Australian Beveragesno datano datano data
Steven Paddis
Chief Financial Officer of Australia6.5yrsno datano data

3.5yrs

Average Tenure

53yo

Average Age

Experienced Management: CCL's management team is considered experienced (3.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Alison Watkins
Group MD & Executive Director6.5yrsAU$5.48m0.051%
A$ 3.5m
Paul O'Sullivan
Independent Non Executive Director3.5yrsAU$246.65k0.0031%
A$ 215.3k
Ilana Atlas
Independent Chairman of the Board3.33yrsAU$510.73k0.0058%
A$ 401.4k
John Borghetti
Independent Non-Executive Director4.75yrsAU$242.37k0.0031%
A$ 215.3k
Penelope Winn
Independent Non-Executive Director0.75yrAU$17.03k0.0025%
A$ 175.1k
Krishnakumar Thirumalai
Non-Executive Director6.5yrsAU$223.49k0.0011%
A$ 77.5k
Mark Johnson
Independent Non-Executive Director3.75yrsAU$267.87k0.0014%
A$ 95.5k
Jorge Chavero
Non-Executive Director2.33yrsAU$223.49kno data

3.6yrs

Average Tenure

60yo

Average Age

Experienced Board: CCL's board of directors are considered experienced (3.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: CCL insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Coca-Cola Amatil Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Coca-Cola Amatil Limited
  • Ticker: CCL
  • Exchange: ASX
  • Founded: 1904
  • Industry: Soft Drinks
  • Sector: Food, Beverage & Tobacco
  • Market Cap: AU$6.921b
  • Shares outstanding: 724.00m
  • Website: https://www.ccamatil.com

Number of Employees


Location

  • Coca-Cola Amatil Limited
  • 40 Mount Street
  • Level 13
  • North Sydney
  • New South Wales
  • 2060
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CCLA.YOTCPK (Pink Sheets LLC)SPONSORED ADRUSUSDAug 1991
CCLA.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDAug 1995
CCLASX (Australian Securities Exchange)YesOrdinary SharesAUAUDAug 1995
CCLDB (Deutsche Boerse AG)YesOrdinary SharesDEEURAug 1995
CCLCHIA (Chi-X Australia)YesOrdinary SharesAUAUDAug 1995

Biography

Coca-Cola Amatil Limited, together with its subsidiaries, prepares, distributes, and sells non-alcoholic and alcoholic ready-to-drink beverages in Australia, New Zealand, Indonesia, Papua New Guinea, Fiji, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/29 10:39
End of Day Share Price2020/09/29 00:00
Earnings2020/06/26
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.