Coca-Cola Europacific Partners PLC CCEP
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if CCEP is a good fit for your portfolio.
News
-
Coca-Cola Europacific Partners Names Ed Walker as CFO
-
Diageo's Lavanya Chandrashekar to Step Down, Nik Jhangiani Named CFO
-
Coca-Cola Europacific Partners Revenue Rises; Backs Full-Year Guidance
-
Coca-Cola Europacific Partners On Track for Record High Close — Data Talk
-
Coca-Cola Europacific Profit, Revenue Rises Despite Soft Demand in Asia-Pacific
-
Coca-Cola Europacific Agrees to Buy Coca-Cola Beverages Philippines in $1.8 Billion Deal
-
Coca-Cola Europacific Partners Revenue Grows Despite Lower Volumes
-
Coca-Cola Europacific Profit Rose; Increases 2023 Guidance on Strong Performance
Trading Information
- Previous Close Price
- €67.80
- Day Range
- €67.30–68.00
- 52-Week Range
- €53.00–69.40
- Bid/Ask
- €66.50 / €68.00
- Market Cap
- €31.07 Bil
- Volume/Avg
- 2,018 / 14,891
Key Statistics
- Price/Earnings (Normalized)
- 18.33
- Price/Sales
- 1.71
- Dividend Yield (Trailing)
- 2.81%
- Dividend Yield (Forward)
- 2.81%
- Total Yield
- 2.82%
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
- Website
- https://www.cocacolaep.com
Competitors
Valuation
|
Metric
|
CCEP
|
KO
|
KOF
|
|---|---|---|---|
Price/Earnings (Normalized) | 18.33 | 22.71 | 17.00 |
Price/Book Value | 3.91 | 10.11 | 2.82 |
Price/Sales | 1.71 | 5.83 | 11.13 |
Price/Cash Flow | 13.05 | 21.02 | 82.23 |
Price/Earnings
CCEP
KO
KOF
Financial Strength
|
Metric
|
CCEP
|
KO
|
KOF
|
|---|---|---|---|
Quick Ratio | 0.68 | 0.75 | 0.76 |
Current Ratio | 0.91 | 1.04 | 1.05 |
Interest Coverage | 14.20 | 8.67 | 7.27 |
Quick Ratio
CCEP
KO
KOF
Profitability
|
Metric
|
CCEP
|
KO
|
KOF
|
|---|---|---|---|
Return on Assets (Normalized) | 5.78% | 12.07% | 7.98% |
Return on Equity (Normalized) | 22.01% | 45.56% | 17.83% |
Return on Invested Capital (Normalized) | 9.14% | 17.55% | 11.64% |
Return on Assets
CCEP
KO
KOF
Beverages - Non-Alcoholic Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
CCEP
| Coca-Cola Europacific Partners PLC | Dfsprmg | Qsmss | — | |
KO
| Coca-Cola Co | Zpdljldxt | Chqx | $267.1 Bil | |
PEP
| PepsiCo Inc | Ljrgqpcyt | Wpqxc | $244.7 Bil | |
NNFSF
| Nongfu Spring Co Ltd Class H Ordinary Shares | — | Cpzg | $62.9 Bil | |
MNST
| Monster Beverage Corp | Sswdgcvsw | Bycdhgr | $55.2 Bil | |
KDP
| Keurig Dr Pepper Inc | Fkbnwvmc | Ydjsgqm | $46.3 Bil | |
CELH
| Celsius Holdings Inc | Tdtmtyflr | Wknb | $22.2 Bil | |
COCSF
| Coca-Cola Femsa SAB de CV Series L | — | Dzrvq | $19.3 Bil | |
KOF
| Coca-Cola Femsa SAB de CV ADR | Jpqbqyh | Pjnz | $19.3 Bil | |
PRMW
| Primo Water Corp | Hthbfxcw | Jldbz | $3.6 Bil |