Coca-Cola HBC AG produces, distributes, and sells non-alcoholic ready-to-drink beverages.
Good value with proven track record.
Share Price & News
How has Coca-Cola HBC's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CCH has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CCH underperformed the UK Beverage industry which returned -21.8% over the past year.
Return vs Market: CCH underperformed the UK Market which returned -15.3% over the past year.
Price Volatility Vs. Market
How volatile is Coca-Cola HBC's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StCoca-Cola HBC AG (LON:CCH) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
1 week ago | Simply Wall StHow Much Is Coca-Cola HBC AG (LON:CCH) CEO Getting Paid?
2 weeks ago | Simply Wall StDon't Ignore The Fact That This Insider Just Sold Some Shares In Coca-Cola HBC AG (LON:CCH)
Is Coca-Cola HBC undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CCH (£19.73) is trading below our estimate of fair value (£26.01)
Significantly Below Fair Value: CCH is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CCH is good value based on its PE Ratio (16.3x) compared to the Beverage industry average (21x).
PE vs Market: CCH is poor value based on its PE Ratio (16.3x) compared to the UK market (15x).
Price to Earnings Growth Ratio
PEG Ratio: CCH is poor value based on its PEG Ratio (2.3x)
Price to Book Ratio
PB vs Industry: CCH is good value based on its PB Ratio (2.9x) compared to the GB Beverage industry average (2.9x).
How is Coca-Cola HBC forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CCH's forecast earnings growth (7% per year) is above the savings rate (1.2%).
Earnings vs Market: CCH's earnings (7% per year) are forecast to grow slower than the UK market (21.4% per year).
High Growth Earnings: CCH's earnings are forecast to grow, but not significantly.
Revenue vs Market: CCH's revenue (3.1% per year) is forecast to grow slower than the UK market (3.4% per year).
High Growth Revenue: CCH's revenue (3.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CCH's Return on Equity is forecast to be low in 3 years time (17.7%).
How has Coca-Cola HBC performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CCH has high quality earnings.
Growing Profit Margin: CCH's current net profit margins (6.9%) are higher than last year (6.7%).
Past Earnings Growth Analysis
Earnings Trend: CCH's earnings have grown by 10.2% per year over the past 5 years.
Accelerating Growth: CCH's earnings growth over the past year (9%) is below its 5-year average (10.2% per year).
Earnings vs Industry: CCH earnings growth over the past year (9%) exceeded the Beverage industry 4.4%.
Return on Equity
High ROE: CCH's Return on Equity (18.1%) is considered low.
How is Coca-Cola HBC's financial position?
Financial Position Analysis
Short Term Liabilities: CCH's short term assets (€3.1B) exceed its short term liabilities (€2.7B).
Long Term Liabilities: CCH's short term assets (€3.1B) exceed its long term liabilities (€2.8B).
Debt to Equity History and Analysis
Debt Level: CCH's debt to equity ratio (115.3%) is considered high.
Reducing Debt: CCH's debt to equity ratio has increased from 73.6% to 115.3% over the past 5 years.
Debt Coverage: CCH's debt is well covered by operating cash flow (29.7%).
Interest Coverage: CCH's interest payments on its debt are well covered by EBIT (11.6x coverage).
What is Coca-Cola HBC current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CCH's dividend (2.84%) is higher than the bottom 25% of dividend payers in the UK market (1.99%).
High Dividend: CCH's dividend (2.84%) is low compared to the top 25% of dividend payers in the UK market (5.55%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, CCH has been paying a dividend for less than 10 years.
Growing Dividend: CCH's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (46.3%), CCH's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CCH's dividends in 3 years are forecast to be well covered by earnings (43.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Zoran Bogdanovic (48yo)
Mr. Zoran Bogdanovic has been the Chief Executive Officer of Coca-Cola HBC AG since December 7, 2017 and has been its Executive Director since June 11, 2018. Mr. Bogdanovic was a Region Director of Bosnia ...
CEO Compensation Analysis
Compensation vs Market: Zoran's total compensation ($USD2.91M) is about average for companies of similar size in the UK market ($USD3.18M).
Compensation vs Earnings: Zoran's compensation has been consistent with company performance over the past year.
|CEO & Executive Director||2.58yrs||€2.58m||0.083% €5.9m|
|Chief Financial Officer||8.25yrs||no data||0.078% €5.6m|
|Chief Information Officer||0.75yr||no data||no data|
|Investor Relations Director||1.25yrs||no data||no data|
|General Counsel||18.92yrs||no data||0.059% €4.2m|
|Group Public Affairs & Communication Director||1.5yrs||no data||0.00026% €18.7k|
|Group Human Resources Director||5.08yrs||no data||0.041% €3.0m|
|Group Chief Customer & Commercial Officer||4yrs||no data||0.0061% €438.1k|
|Head of Shareowner Services||no data||no data||no data|
|Country General Manager of Nigeria||no data||no data||no data|
Experienced Management: CCH's management team is considered experienced (3.3 years average tenure).
|CEO & Executive Director||2.58yrs||€2.58m||0.083% €5.9m|
|Chairman Emeritus||4.08yrs||no data||no data|
|Non-Executive Director||6.08yrs||€83.70k||no data|
|Independent Non-Executive Director||4.08yrs||€102.40k||0.0027% €197.5k|
|Senior Independent Non-Executive Director||no data||€115.19k||0.0019% €137.9k|
|Non-Executive Director||6.08yrs||€73.50k||no data|
|Non-Executive Chairman||4.5yrs||€73.50k||0.23% €16.2m|
|Non-Executive Director||6.08yrs||€85.10k||no data|
|Non-Executive Director||4.08yrs||€79.35k||no data|
|Independent Non-Executive Director||3.08yrs||€85.10k||0.00028% €20.1k|
Experienced Board: CCH's board of directors are considered experienced (4.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CCH insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Coca-Cola HBC AG's company bio, employee growth, exchange listings and data sources
- Name: Coca-Cola HBC AG
- Ticker: CCH
- Exchange: LSE
- Founded: 1969
- Industry: Soft Drinks
- Sector: Food, Beverage & Tobacco
- Market Cap: UK£7.182b
- Shares outstanding: 364.10m
- Website: https://www.coca-colahellenic.com
Number of Employees
- Coca-Cola HBC AG
- Turmstrasse 26
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CCHG.Y||OTCPK (Pink Sheets LLC)||SPONSORED ADR||US||USD||Apr 2013|
|CCKC||DB (Deutsche Boerse AG)||SPONSORED ADR||DE||EUR||Apr 2013|
|CCH||LSE (London Stock Exchange)||Yes||Ordinary shares||GB||GBP||Apr 2013|
|EEE||ATSE (The Athens Stock Exchange)||Yes||Ordinary shares||GR||EUR||Apr 2013|
|CCHL||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary shares||GB||GBP||Apr 2013|
|CCHB.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary shares||US||USD||Apr 2013|
|C0Q||DB (Deutsche Boerse AG)||Yes||Ordinary shares||DE||EUR||Apr 2013|
Coca-Cola HBC AG produces, distributes, and sells non-alcoholic ready-to-drink beverages. The company offers sparkling soft drinks; still drinks, including juices and fruit-based drinks, iced tea, and energy and sports drinks; and natural mineral, spring, and processed water. It markets and sells its products under the Coca-Cola, Fanta, Sprite, Amita, Avra, Deep RiverRock, Fruice, and Nestea brand names; and distributes third-party products, such as Monster energy drinks, and beer and premium spirits. The company serves retail outlets, including supermarkets, hypermarkets, discounters, convenience stores, wholesalers, hotels, restaurants, cafés, quick service restaurants, cinemas, and e-commerce retailers. It operates in 28 countries, including Austria, Cyprus, Greece, Italy, Northern Ireland, the Republic of Ireland, Switzerland, Croatia, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Slovakia, Slovenia, Armenia, Belarus, Bosnia and Herzegovina, Bulgaria, Moldova, Montenegro, Nigeria, North Macedonia, Romania, Russia, Serbia, and Ukraine. The company was founded in 1969 and is headquartered in Steinhausen, Switzerland.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/06 20:48|
|End of Day Share Price||2020/07/06 00:00|
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.