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Market Cap

US$2.9b

Last Updated

2021/04/16 22:22 UTC

Data Sources

Company Financials

Executive Summary

Coca-Cola Consolidated, Inc., together with its subsidiaries, produces, markets, and distributes nonalcoholic beverages primarily products of The Coca-Cola Company in the United States. More Details


Snowflake Analysis

Undervalued with solid track record.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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

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


Market Performance


7 Day Return

1.2%

COKE

0.9%

US Beverage

1.6%

US Market


1 Year Return

26.3%

COKE

19.4%

US Beverage

57.5%

US Market

Return vs Industry: COKE exceeded the US Beverage industry which returned 19.4% over the past year.

Return vs Market: COKE underperformed the US Market which returned 57.5% over the past year.


Shareholder returns

COKEIndustryMarket
7 Day1.2%0.9%1.6%
30 Day-0.8%5.0%3.4%
90 Day20.2%6.0%8.6%
1 Year26.8%26.3%22.6%19.4%60.3%57.5%
3 Year83.2%80.7%37.8%27.3%62.6%51.9%
5 Year95.4%90.7%57.2%37.3%119.9%95.3%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: COKE ($306.8) is trading below our estimate of fair value ($3147.82)

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


Price To Earnings Ratio

PE vs Industry: COKE is good value based on its PE Ratio (16.7x) compared to the US Beverage industry average (28.6x).

PE vs Market: COKE is good value based on its PE Ratio (16.7x) compared to the US market (22.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate COKE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: COKE is good value based on its PB Ratio (5.6x) compared to the US Beverage industry average (7.1x).


Future Growth

How is Coca-Cola Consolidated forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

9.6%

Forecasted Food, Beverage & Tobacco industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Coca-Cola Consolidated has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

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

6.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: COKE has high quality earnings.

Growing Profit Margin: COKE's current net profit margins (3.4%) are higher than last year (0.3%).


Past Earnings Growth Analysis

Earnings Trend: COKE's earnings have grown by 6.5% per year over the past 5 years.

Accelerating Growth: COKE's earnings growth over the past year (1327.5%) exceeds its 5-year average (6.5% per year).

Earnings vs Industry: COKE earnings growth over the past year (1327.5%) exceeded the Beverage industry 6.2%.


Return on Equity

High ROE: Whilst COKE's Return on Equity (35.5%) is high, this metric is skewed due to their high level of debt.


Financial Health

How is Coca-Cola Consolidated's financial position?


Financial Position Analysis

Short Term Liabilities: COKE's short term assets ($851.2M) exceed its short term liabilities ($647.1M).

Long Term Liabilities: COKE's short term assets ($851.2M) do not cover its long term liabilities ($2.1B).


Debt to Equity History and Analysis

Debt Level: COKE's debt to equity ratio (183.3%) is considered high.

Reducing Debt: COKE's debt to equity ratio has reduced from 192% to 183.3% over the past 5 years.

Debt Coverage: COKE's debt is well covered by operating cash flow (52.6%).

Interest Coverage: COKE's interest payments on its debt are well covered by EBIT (8.5x coverage).


Balance Sheet


Dividend

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

0.32%

Current Dividend Yield


Upcoming Dividend Payment

TodayApr 17 2021Ex Dividend DateApr 22 2021Dividend Pay DateMay 07 202115 days from Ex DividendBuy in the next 5 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: COKE's dividend (0.33%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.24%).

High Dividend: COKE's dividend (0.33%) is low compared to the top 25% of dividend payers in the US market (3.48%).


Stability and Growth of Payments

Stable Dividend: COKE is not paying a notable dividend for the US market, therefore no need to check if payments are stable.

Growing Dividend: COKE is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: COKE is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of COKE's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

3.3yrs

Average management tenure


CEO

J. Harrison (65 yo)

26.92yrs

Tenure

US$12,467,192

Compensation

Mr. J. Frank Harrison, III, has been the Chief Executive Officer Coca-Cola Consolidated, Inc. (formerly known as Coca-Cola Bottling Co. Consolidated) since May 1994. Mr. Harrison was first employed by Coca...


CEO Compensation Analysis

Compensation vs Market: J.'s total compensation ($USD12.47M) is above average for companies of similar size in the US market ($USD5.19M).

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


Leadership Team

Experienced Management: COKE's management team is considered experienced (3.3 years average tenure).


Board Members

Experienced Board: COKE's board of directors are considered experienced (5.3 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 Consolidated, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Coca-Cola Consolidated, Inc.
  • Ticker: COKE
  • Exchange: NasdaqGS
  • Founded: 1980
  • Industry: Soft Drinks
  • Sector: Food, Beverage & Tobacco
  • Market Cap: US$2.876b
  • Shares outstanding: 9.37m
  • Website: https://www.cokeconsolidated.com

Number of Employees


Location

  • Coca-Cola Consolidated, Inc.
  • 4100 Coca-Cola Plaza
  • Charlotte
  • North Carolina
  • 28211
  • United States

Listings


Biography

Coca-Cola Consolidated, Inc., together with its subsidiaries, produces, markets, and distributes nonalcoholic beverages primarily products of The Coca-Cola Company in the United States. The company offers ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/16 22:22
End of Day Share Price2021/04/16 00:00
Earnings2020/12/31
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.