Coca-Cola Consolidated
Market Cap
US$2.4b
Last Updated
2021/03/02 00:11 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
Rewards
Risk Analysis
Snowflake Analysis
Good value with adequate balance sheet.
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 +/- 3% a week.
Volatility Over Time: COKE's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
-1.7%
COKE
-1.3%
US Beverage
-1.3%
US Market
1 Year Return
16.2%
COKE
0.9%
US Beverage
41.9%
US Market
Return vs Industry: COKE exceeded the US Beverage industry which returned 3.3% over the past year.
Return vs Market: COKE underperformed the US Market which returned 36.5% over the past year.
Shareholder returns
| COKE | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.7% | -1.3% | -1.3% |
| 30 Day | -3.7% | 0.04% | 7.5% |
| 90 Day | -2.4% | -4.3% | 15.9% |
| 1 Year | 16.7%16.2% | 3.6%0.9% | 44.8%41.9% |
| 3 Year | 40.0%38.1% | 26.9%17.3% | 49.1%41.0% |
| 5 Year | 47.8%44.2% | 47.2%28.9% | 113.1%92.8% |
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
4 days ago | Simply Wall St
Is Coca-Cola Consolidated, Inc.'s (NASDAQ:COKE) ROE Of 19% Impressive?3 weeks ago | Simply Wall St
Coca-Cola Consolidated (NASDAQ:COKE) Shareholders Have Enjoyed A 70% Share Price Gain1 month ago | Simply Wall St
Here's Why We Think Coca-Cola Consolidated's (NASDAQ:COKE) Statutory Earnings Might Be ConservativeValuation
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 ($256.9) is trading below our estimate of fair value ($767.5)
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 (25.1x) compared to the US Beverage industry average (27.2x).
PE vs Market: COKE is poor value based on its PE Ratio (25.1x) compared to the US market (21.2x).
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 (5.4x) compared to the US Beverage industry average (7.7x).
Next Steps
Future Growth
How is Coca-Cola Consolidated forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
9.3%
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.
Next Steps
- Examine whether Coca-Cola Consolidated is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Explore growth companies in the Food, Beverage & Tobacco industry.
Past Performance
How has Coca-Cola Consolidated performed over the past 5 years?
-7.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: COKE has a large one-off gain of $66.5M impacting its December 31 2020 financial results.
Growing Profit Margin: COKE became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: COKE's earnings have declined by 7.9% per year over the past 5 years.
Accelerating Growth: COKE has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: COKE has become profitable in the last year, making it difficult to compare its past year earnings growth to the Beverage industry (6.9%).
Return on Equity
High ROE: COKE's Return on Equity (18.8%) is considered low.
Next Steps
Financial Health
How is Coca-Cola Consolidated's financial position?
Financial Position Analysis
Short Term Liabilities: COKE's short term assets ($976.9M) exceed its short term liabilities ($684.0M).
Long Term Liabilities: COKE's short term assets ($976.9M) do not cover its long term liabilities ($2.1B).
Debt to Equity History and Analysis
Debt Level: COKE's debt to equity ratio (172.1%) is considered high.
Reducing Debt: COKE's debt to equity ratio has reduced from 175.8% to 172.1% over the past 5 years.
Debt Coverage: COKE's debt is well covered by operating cash flow (48%).
Interest Coverage: COKE's interest payments on its debt are well covered by EBIT (3.4x coverage).
Balance Sheet
Next Steps
Dividend
What is Coca-Cola Consolidated current dividend yield, its reliability and sustainability?
0.39%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: COKE's dividend (0.39%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.33%).
High Dividend: COKE's dividend (0.39%) is low compared to the top 25% of dividend payers in the US market (3.76%).
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?
2.2yrs
Average management tenure
CEO
J. Harrison (65 yo)
26.75yrs
Tenure
US$11,707,624
Compensation
Mr. J. Frank Harrison, III, has been the Chief Executive Officer Coca-Cola Consolidated, Inc. (formerly known as Coca-Cola Bottling Co. Consolidated) since May 1994. Mr. Harrison was first employed by Coca...
CEO Compensation Analysis
Compensation vs Market: J.'s total compensation ($USD11.71M) is above average for companies of similar size in the US market ($USD4.99M).
Compensation vs Earnings: J.'s compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 26.75yrs | US$11.71m | 22.13% $ 533.0m | |
| Consultant & Non-Executive Vice Chairman | 5.08yrs | US$2.91m | no data | |
| President | 2.17yrs | US$2.72m | no data | |
| Executive VP & CFO | 2.17yrs | US$1.30m | no data | |
| Executive Vice President of Franchise Beverage Operations | 3.08yrs | US$2.34m | no data | |
| Senior VP | 3.75yrs | US$160.00k | no data | |
| Senior VP of Financial Planning & Chief Accounting Officer | 0.50yr | no data | no data | |
| Executive VP | 4yrs | no data | no data | |
| Senior Vice President of Public Affairs | 5.08yrs | no data | no data | |
| Senior Vice President of Human Resources | 3.83yrs | no data | no data | |
| Senior Vice President of Product Supply Operations | 0.67yr | no data | no data | |
| Senior Vice President of Strategy & Business Transformation | 0.67yr | no data | no data |
2.2yrs
Average Tenure
52.5yo
Average Age
Experienced Management: COKE's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 26.75yrs | US$11.71m | 22.13% $ 533.0m | |
| Consultant & Non-Executive Vice Chairman | 5.08yrs | US$2.91m | no data | |
| President | 2.17yrs | US$2.72m | no data | |
| Senior VP | 3.75yrs | US$160.00k | no data | |
| Independent Director | 5.08yrs | US$172.90k | no data | |
| Independent Director | 13yrs | US$195.70k | no data | |
| Independent Director | 27.92yrs | US$160.00k | no data | |
| Independent Director | 19.75yrs | US$176.10k | no data | |
| Lead Independent Director | 1.92yrs | US$204.70k | no data | |
| Independent Director | 10.08yrs | US$172.90k | 0.0011% $ 25.8k | |
| Vice Chairman of the Board | 0.75yr | no data | 0.84% $ 20.2m | |
| Director | 5.08yrs | US$160.00k | 0.84% $ 20.2m |
5.1yrs
Average Tenure
63.5yo
Average Age
Experienced Board: COKE's board of directors are considered experienced (5.1 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$2.408b
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| COKE | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Dec 1972 |
| CC5 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Dec 1972 |
| 0I0T | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Dec 1972 |
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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/02 00:11 |
| End of Day Share Price | 2021/03/01 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.