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Coca-Cola Europacific Partners PLC CCEP

Morningstar Rating
$73.18 −1.29 (1.73%)
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Company Report

Price vs Fair Value

CCEP is trading at a 531% premium.
Price
$74.47
Fair Value
$46.00
Uncertainty
Medium
1-Star Price
$81.00
5-Star Price
$25.00
Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

CCEP's acquisition strategy has expanded the company's footprint into developing markets, where per capita consumption can offer more room for growth than the core European markets.

Bears

Parent company The Coca-Cola Company holds the strings to CCEP's profitability due to its control over transfer pricing between the two entities.

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News

Trading Information

Previous Close Price
$74.47
Day Range
$72.4774.49
52-Week Range
$56.2875.44
Bid/Ask
$73.18 / $74.33
Market Cap
$33.69 Bil
Volume/Avg
1.4 Mil / 1.3 Mil

Key Statistics

Price/Earnings (Normalized)
18.55
Price/Sales
1.73
Dividend Yield (Trailing)
2.78%
Dividend Yield (Forward)
2.78%
Total Yield
2.78%

Company Profile

CCEP is the second-largest bottling partner in the Coca-Cola system by volume, behind Coca-Cola Femsa, and primarily operates in developed Europe (80% of 2023 revenue and EBIT) and Australasia (20%). In 2023 it announced the planned acquisition of Coca-Cola Beverages Philippines from TCCC.In 2023, CCEP sold 3.3 billion unit cases of beverages, which we estimate equates to roughly 9% of the global Coke system volume. Coke’s largest bottler, Coca-Cola Femsa sold 4 billion unit cases (12%), and the third-largest, Coca-Cola HBC, serving Eastern Europe and North Africa, sold 2.8 billion unit cases (8%).TCCC owns 19% of the equity of CCEP, Olive Partners, a holding company of bottling operations, owns a further 36%, and the remaining 45% is free float.
Sector
Consumer Defensive
Industry
Beverages - Non-Alcoholic
Stock Style Box
Large Core
Total Number of Employees
32,000

Competitors

Valuation

Metric
CCEP
AC
KO
Price/Earnings (Normalized)
18.5515.9822.94
Price/Book Value
3.882.9210.21
Price/Sales
1.731.425.89
Price/Cash Flow
13.2111.1921.23
Price/Earnings
CCEP
AC
KO

Financial Strength

Metric
CCEP
AC
KO
Quick Ratio
0.680.920.75
Current Ratio
0.911.201.04
Interest Coverage
14.208.758.67
Quick Ratio
CCEP
AC
KO

Profitability

Metric
CCEP
AC
KO
Return on Assets (Normalized)
5.78%8.90%12.07%
Return on Equity (Normalized)
22.01%20.24%45.56%
Return on Invested Capital (Normalized)
9.14%12.52%17.55%
Return on Assets
CCEP
AC
KO
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Beverages - Non-Alcoholic Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Coca-Cola Co
KO
NbmmwzvgfWmtq$269.8 Bil
PepsiCo Inc
PEP
BvhghfhjkCxfb$228.4 Bil
Nongfu Spring Co Ltd Class H Ordinary Shares
NNFSF
Fzvm$57.2 Bil
Monster Beverage Corp
MNST
JpylxlzbJsshpk$48.4 Bil
Keurig Dr Pepper Inc
KDP
CqkfxnwtHsgphbm$47.0 Bil
Coca-Cola Femsa SAB de CV Series L
COCSF
Wbql$18.8 Bil
Coca-Cola Femsa SAB de CV ADR
KOF
PvvqsmvfMxd$18.8 Bil
Celsius Holdings Inc
CELH
JnzwstlcXvc$13.6 Bil
Primo Water Corp
PRMW
LmkddchVcr$3.6 Bil

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