company background image
CCOL

Coca-Cola Içecek Anonim Sirketi IBSE:CCOLA Stock Report

Last Price

₺136.60

Market Cap

₺34.7b

7D

-0.6%

1Y

76.3%

Updated

27 Jun, 2022

Data

Company Financials +
CCOLA fundamental analysis
Snowflake Score
Valuation4/6
Future Growth6/6
Past Performance4/6
Financial Health4/6
Dividends4/6

CCOLA Stock Overview

Coca-Cola Içecek Anonim Sirketi, together with its subsidiaries, engages in bottling and distributing of alcohol-free beverages primarily in Turkey, Pakistan, Central Asia, and the Middle East.

Coca-Cola Içecek Anonim Sirketi Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Coca-Cola Içecek Anonim Sirketi
Historical stock prices
Current Share Price₺136.60
52 Week High₺148.00
52 Week Low₺75.95
Beta0.80
1 Month Change8.33%
3 Month Change19.83%
1 Year Change76.26%
3 Year Change339.79%
5 Year Change233.99%
Change since IPO1,596.89%

Recent News & Updates

Shareholder Returns

CCOLATR BeverageTR Market
7D-0.6%2.4%1.3%
1Y76.3%52.0%61.7%

Return vs Industry: CCOLA exceeded the TR Beverage industry which returned 52% over the past year.

Return vs Market: CCOLA exceeded the TR Market which returned 61.7% over the past year.

Price Volatility

Is CCOLA's price volatile compared to industry and market?
CCOLA volatility
CCOLA Average Weekly Movement4.1%
Beverage Industry Average Movement6.0%
Market Average Movement5.9%
10% most volatile stocks in TR Market8.7%
10% least volatile stocks in TR Market4.1%

Stable Share Price: CCOLA is less volatile than 75% of TR stocks over the past 3 months, typically moving +/- 4% a week.

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

About the Company

FoundedEmployeesCEOWebsite
19909,606Burak Basarirhttps://www.cci.com.tr

Coca-Cola Içecek Anonim Sirketi, together with its subsidiaries, engages in bottling and distributing of alcohol-free beverages primarily in Turkey, Pakistan, Central Asia, and the Middle East. It is involved in the production, distribution, and sale of sparkling and still beverages under the Coca-Cola, Coca-Cola Zero, Coca-Cola Zero Sugar, Coca-Cola Light, Fanta, Sprite, Cappy, Sen Sun, Powerade, Monster, Burn, Gladiator, and Fuse tea brand names, as well as Schweppes brand name. The company’s product portfolio also includes juices, water, sports and energy drinks, tea, and iced tea.

Coca-Cola Içecek Anonim Sirketi Fundamentals Summary

How do Coca-Cola Içecek Anonim Sirketi's earnings and revenue compare to its market cap?
CCOLA fundamental statistics
Market Cap₺34.75b
Earnings (TTM)₺2.50b
Revenue (TTM)₺26.85b

13.9x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CCOLA income statement (TTM)
Revenue₺26.85b
Cost of Revenue₺17.64b
Gross Profit₺9.21b
Other Expenses₺6.71b
Earnings₺2.50b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)9.82
Gross Margin34.30%
Net Profit Margin9.30%
Debt/Equity Ratio91.5%

How did CCOLA perform over the long term?

See historical performance and comparison

Dividends

1.7%

Current Dividend Yield

24%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is CCOLA undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CCOLA?

Other financial metrics that can be useful for relative valuation.

CCOLA key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.6x
Enterprise Value/EBITDA7.9x
PEG Ratio0.4x

Price to Earnings Ratio vs Peers

How does CCOLA's PE Ratio compare to its peers?

CCOLA PE Ratio vs Peers
The above table shows the PE ratio for CCOLA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average89.6x
KRSTL Kristal Kola ve Mesrubat Sanayi Ticaret
113.9xn/a₺1.4b
AEFES Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi
25.3x40.0%₺16.2b
KENT Kent Gida Maddeleri Sanayii ve Ticaret
213.4xn/a₺37.6b
TBORG Türk Tuborg Bira ve Malt Sanayii
5.9xn/a₺7.7b
CCOLA Coca-Cola Içecek Anonim Sirketi
13.9x34.7%₺34.7b

Price-To-Earnings vs Peers: CCOLA is good value based on its Price-To-Earnings Ratio (13.9x) compared to the peer average (89.6x).


Price to Earnings Ratio vs Industry

How does CCOLA's PE Ratio compare vs other companies in the Asian Beverage Industry?

Price-To-Earnings vs Industry: CCOLA is good value based on its Price-To-Earnings Ratio (13.9x) compared to the Asian Beverage industry average (26x)


Price to Earnings Ratio vs Fair Ratio

What is CCOLA's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CCOLA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13.9x
Fair PE Ratio9.8x

Price-To-Earnings vs Fair Ratio: CCOLA is expensive based on its Price-To-Earnings Ratio (13.9x) compared to the estimated Fair Price-To-Earnings Ratio (9.8x).


Share Price vs Fair Value

What is the Fair Price of CCOLA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CCOLA (TRY136.6) is trading below our estimate of fair value (TRY170.25)

Significantly Below Fair Value: CCOLA is trading below fair value, but not by a significant amount.


Price to Earnings Growth Ratio

PEG Ratio: CCOLA is good value based on its PEG Ratio (0.4x)


Discover undervalued companies

Future Growth

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

Future Growth Score

6/6

Future Growth Score 6/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


34.7%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CCOLA's forecast earnings growth (34.7% per year) is above the savings rate (9%).

Earnings vs Market: CCOLA's earnings (34.7% per year) are forecast to grow faster than the TR market (16.1% per year).

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

Revenue vs Market: CCOLA's revenue (21.2% per year) is forecast to grow faster than the TR market (13.8% per year).

High Growth Revenue: CCOLA's revenue (21.2% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CCOLA's Return on Equity is forecast to be high in 3 years time (27%)


Discover growth companies

Past Performance

How has Coca-Cola Içecek Anonim Sirketi performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


54.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CCOLA has high quality earnings.

Growing Profit Margin: CCOLA's current net profit margins (9.3%) are lower than last year (9.7%).


Past Earnings Growth Analysis

Earnings Trend: CCOLA has become profitable over the past 5 years, growing earnings by 54.6% per year.

Accelerating Growth: CCOLA's earnings growth over the past year (65.6%) exceeds its 5-year average (54.6% per year).

Earnings vs Industry: CCOLA earnings growth over the past year (65.6%) exceeded the Beverage industry 16.6%.


Return on Equity

High ROE: CCOLA's Return on Equity (16.5%) is considered low.


Discover strong past performing companies

Financial Health

How is Coca-Cola Içecek Anonim Sirketi's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: CCOLA's short term assets (TRY19.4B) exceed its short term liabilities (TRY11.4B).

Long Term Liabilities: CCOLA's short term assets (TRY19.4B) exceed its long term liabilities (TRY15.5B).


Debt to Equity History and Analysis

Debt Level: CCOLA's net debt to equity ratio (40.6%) is considered high.

Reducing Debt: CCOLA's debt to equity ratio has increased from 76.2% to 91.5% over the past 5 years.

Debt Coverage: CCOLA's debt is well covered by operating cash flow (23%).

Interest Coverage: CCOLA's interest payments on its debt are well covered by EBIT (10.7x coverage).


Balance Sheet


Discover healthy companies

Dividend

What is Coca-Cola Içecek Anonim Sirketi current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.73%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: CCOLA's dividend (1.73%) is higher than the bottom 25% of dividend payers in the TR market (0.7%).

High Dividend: CCOLA's dividend (1.73%) is low compared to the top 25% of dividend payers in the TR market (3.57%).


Stability and Growth of Payments

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

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


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (24%), CCOLA's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (38.2%), CCOLA's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

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

5.4yrs

Average management tenure


CEO

Burak Basarir

8.42yrs

Tenure

Mr. Burak Basarir has been Chief Executive Officer of Coca-Cola Icecek at Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi since June 2021 and had been its Group Chief Executive Officer of Soft Drinks...


Leadership Team

Experienced Management: CCOLA's management team is seasoned and experienced (5.4 years average tenure).


Board Members

Experienced Board: CCOLA's board of directors are considered experienced (4.2 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

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


Top Shareholders

Company Information

Coca-Cola Içecek Anonim Sirketi's employee growth, exchange listings and data sources


Key Information

  • Name: Coca-Cola Içecek Anonim Sirketi
  • Ticker: CCOLA
  • Exchange: IBSE
  • Founded: 1990
  • Industry: Soft Drinks
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: ₺34.747b
  • Shares outstanding: 254.37m
  • Website: https://www.cci.com.tr

Number of Employees


Location

  • Coca-Cola Içecek Anonim Sirketi
  • OSB Mahallesi Deniz Feneri Sokak No: 4
  • Dudullu Ümraniye
  • Istanbul
  • 34776
  • Turkey

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/27 00:00
End of Day Share Price2022/06/27 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.