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CCEP

Coca-Cola Europacific PartnersENXTAM:CCEP Stock Report

Market Cap

€20.3b

7D

-1.9%

1Y

20.1%

Updated

26 Nov, 2021

Data

Company Financials +
CCEP fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance2/6
Financial Health1/6
Dividends2/6

CCEP Stock Overview

Coca-Cola Europacific Partners PLC, together with its subsidiaries, produces, distributes, and sells a range of non-alcoholic ready to drink beverages.

Coca-Cola Europacific Partners Competitors

Nestlé

SWX:NESN

CHF331.4b

PepsiCo

NasdaqGS:PEP

US$222.8b

Danone

ENXTPA:BN

€35.4b

Price History & Performance

Summary of all time highs, changes and price drops for Coca-Cola Europacific Partners
Historical stock prices
Current Share Price€44.54
52 Week High€53.25
52 Week Low€36.50
Beta0.76
1 Month Change-2.33%
3 Month Change-9.21%
1 Year Change20.05%
3 Year Change4.80%
5 Year Change49.21%
Change since IPO27.26%

Recent News & Updates

Nov 02
Are Investors Undervaluing Coca-Cola Europacific Partners PLC (AMS:CCEP) By 41%?

Are Investors Undervaluing Coca-Cola Europacific Partners PLC (AMS:CCEP) By 41%?

Does the November share price for Coca-Cola Europacific Partners PLC ( AMS:CCEP ) reflect what it's really worth...

Oct 08
Coca-Cola Europacific Partners (AMS:CCEP) Seems To Use Debt Quite Sensibly

Coca-Cola Europacific Partners (AMS:CCEP) Seems To Use Debt Quite Sensibly

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Aug 29
Market Participants Recognise Coca-Cola Europacific Partners PLC's (AMS:CCEP) Earnings

Market Participants Recognise Coca-Cola Europacific Partners PLC's (AMS:CCEP) Earnings

When close to half the companies in the Netherlands have price-to-earnings ratios (or "P/E's") below 22x, you may...

Shareholder Returns

CCEPNL BeverageNL Market
7D-1.9%-1.7%-6.1%
1Y20.1%11.3%17.1%

Return vs Industry: CCEP exceeded the Dutch Beverage industry which returned 11.3% over the past year.

Return vs Market: CCEP exceeded the Dutch Market which returned 17.1% over the past year.

Price Volatility

Is CCEP's price volatile compared to industry and market?
CCEP volatility
CCEP Average Weekly Movement3.6%
Beverage Industry Average Movement3.2%
Market Average Movement3.9%
10% most volatile stocks in NL Market6.4%
10% least volatile stocks in NL Market2.3%

Stable Share Price: CCEP is not significantly more volatile than the rest of Dutch stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: CCEP's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198622,000Damian Gammellhttps://www.cocacolaep.com

Coca-Cola Europacific Partners PLC, together with its subsidiaries, produces, distributes, and sells a range of non-alcoholic ready to drink beverages. The company offers flavours, mixers, and energy drinks; soft drinks, waters, flavored water, and isotonic drinks; and ready-to-drink tea and coffee, juices, and other drinks. It provides its products under the Coca-Cola, Coca-Cola Zero Sugar, Fanta, Sprite, Schweppes, Royal Bliss, Coca-Cola Signature Mixers, Fuze, Costa Coffee, and Tropico brands.

Coca-Cola Europacific Partners Fundamentals Summary

How do Coca-Cola Europacific Partners's earnings and revenue compare to its market cap?
CCEP fundamental statistics
Market Cap€20.31b
Earnings (TTM)€616.00m
Revenue (TTM)€11.69b

33.0x

P/E Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CCEP income statement (TTM)
Revenue€11.69b
Cost of Revenue€7.43b
Gross Profit€4.26b
Expenses€3.64b
Earnings€616.00m

Last Reported Earnings

Jul 02, 2021

Next Earnings Date

Feb 16, 2022

Earnings per share (EPS)1.35
Gross Margin36.41%
Net Profit Margin5.27%
Debt/Equity Ratio189.9%

How did CCEP perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

103%

Payout Ratio

Valuation

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

47.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CCEP (€44.54) is trading below our estimate of fair value (€84.2)

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


Price To Earnings Ratio

PE vs Industry: CCEP is poor value based on its PE Ratio (33x) compared to the European Beverage industry average (26.5x).

PE vs Market: CCEP is poor value based on its PE Ratio (33x) compared to the Dutch market (21.2x).


Price to Earnings Growth Ratio

PEG Ratio: CCEP is poor value based on its PEG Ratio (2x)


Price to Book Ratio

PB vs Industry: CCEP is overvalued based on its PB Ratio (3.1x) compared to the XE Beverage industry average (2.2x).


Future Growth

How is Coca-Cola Europacific Partners forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?

16.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CCEP's forecast earnings growth (16.6% per year) is above the savings rate (0.09%).

Earnings vs Market: CCEP's earnings (16.6% per year) are forecast to grow faster than the Dutch market (5.7% per year).

High Growth Earnings: CCEP's earnings are forecast to grow, but not significantly.

Revenue vs Market: CCEP's revenue (7.7% per year) is forecast to grow slower than the Dutch market (9.8% per year).

High Growth Revenue: CCEP's revenue (7.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CCEP's Return on Equity is forecast to be high in 3 years time (21.3%)


Past Performance

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

2.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CCEP has high quality earnings.

Growing Profit Margin: CCEP's current net profit margins (5.3%) are lower than last year (6.4%).


Past Earnings Growth Analysis

Earnings Trend: CCEP's earnings have grown by 2.2% per year over the past 5 years.

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

Earnings vs Industry: CCEP had negative earnings growth (-12.2%) over the past year, making it difficult to compare to the Beverage industry average (20.8%).


Return on Equity

High ROE: CCEP's Return on Equity (9.1%) is considered low.


Financial Health

How is Coca-Cola Europacific Partners's financial position?


Financial Position Analysis

Short Term Liabilities: CCEP's short term assets (€6.0B) do not cover its short term liabilities (€6.6B).

Long Term Liabilities: CCEP's short term assets (€6.0B) do not cover its long term liabilities (€15.8B).


Debt to Equity History and Analysis

Debt Level: CCEP's net debt to equity ratio (163.1%) is considered high.

Reducing Debt: CCEP's debt to equity ratio has increased from 107.3% to 189.9% over the past 5 years.

Debt Coverage: CCEP's debt is not well covered by operating cash flow (15.8%).

Interest Coverage: CCEP's interest payments on its debt are well covered by EBIT (10.9x coverage).


Balance Sheet


Dividend

What is Coca-Cola Europacific Partners's current dividend yield, its reliability and sustainability?

1.91%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CCEP's dividend (1.91%) is higher than the bottom 25% of dividend payers in the Dutch market (1.47%).

High Dividend: CCEP's dividend (1.91%) is low compared to the top 25% of dividend payers in the Dutch market (4.55%).


Stability and Growth of Payments

Stable Dividend: CCEP has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: CCEP's dividend payments have increased, but the company has only paid a dividend for 5 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (103.4%), CCEP's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: CCEP's dividends in 3 years are forecast to be well covered by earnings (49.4% payout ratio).


Next Steps

Management

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

5.0yrs

Average management tenure


CEO

Damian Gammell (50 yo)

4.92yrs

Tenure

€5,654,327

Compensation

Mr. Damian Paul Gammell has been the Chief Operating Officer at Coca-Cola Refreshments USA, Inc. since January 30, 2016. Mr. Gammell has been the Chief Executive Officer of Coca-Cola Europacific Partners P...


CEO Compensation Analysis

Compensation vs Market: Damian's total compensation ($USD6.40M) is above average for companies of similar size in the Dutch market ($USD2.98M).

Compensation vs Earnings: Damian's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: CCEP's management team is seasoned and experienced (5 years average tenure).


Board Members

Experienced Board: CCEP's board of directors are considered experienced (5.5 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: CCEP 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 Europacific Partners PLC's employee growth, exchange listings and data sources


Key Information

  • Name: Coca-Cola Europacific Partners PLC
  • Ticker: CCEP
  • Exchange: ENXTAM
  • Founded: 1986
  • Industry: Soft Drinks
  • Sector: Food, Beverage & Tobacco
  • Market Cap: €20.308b
  • Shares outstanding: 455.96m
  • Website: https://www.cocacolaep.com

Number of Employees


Location

  • Coca-Cola Europacific Partners PLC
  • Pemberton House
  • Bakers Road
  • Uxbridge
  • Greater London
  • UB8 1EZ
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/26 21:28
End of Day Share Price2021/11/26 00:00
Earnings2021/07/02
Annual Earnings2020/12/31


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.