Skip to Content

Coca-Cola Europacific Partners PLC CCEP

Morningstar Rating
Unlock our analysis with Morningstar Investor

Company Report

Price vs Fair Value

CCEP is trading at a 147% premium.
Price
€68.80
Fair Value
€72.00
Uncertainty
Medium
1-Star Price
€96.60
5-Star Price
€58.70
Economic Moat
Mwjcsn
Capital Allocation
Jfmmlxhl

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.

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

Trading Information

Previous Close Price
Day Range
52-Week Range
Bid/Ask
/
Market Cap
Volume/Avg
/

Key Statistics

Price/Earnings (Normalized)
18.54
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)
18.5416.0523.33
Price/Book Value
3.962.9310.38
Price/Sales
1.731.435.99
Price/Cash Flow
13.2011.2421.60
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
See how this stock stacks up to its competitors with Morningstar Investor

Beverages - Non-Alcoholic Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Coca-Cola Co
KO
KbmhlggjXkzd$274.4 Bil
PepsiCo Inc
PEP
HpjlzyjvtjBst$228.5 Bil
Nongfu Spring Co Ltd Class H Ordinary Shares
NNFSF
Vkvcx$50.6 Bil
Monster Beverage Corp
MNST
FkxgjvmlFnqmtj$50.1 Bil
Keurig Dr Pepper Inc
KDP
BjmsxdnwTgzmqx$44.2 Bil
Coca-Cola Europacific Partners PLC
CCEP
PwwhpmmgMshrzgf$34.4 Bil
Arca Continental SAB de CV
EMBVF
Glrpf$17.6 Bil
Coca-Cola Femsa SAB de CV ADR
KOF
KtrpzmlfXvlf$16.3 Bil
Celsius Holdings Inc
CELH
ZglcwzkHjfy$13.7 Bil
Primo Water Corp
PRMW
HlvqgyknGmss$3.3 Bil

Sponsor Center