Skip to Content

Coca-Cola Europacific Partners PLC CCEP

Morningstar Rating
$68.62 −0.03 (0.04%)
View Full Chart
Unlock our analysis with Morningstar Investor

Company Report

Price vs Fair Value

CCEP is trading at a 1% premium.
Price
$68.62
Fair Value
$28.00
Uncertainty
Medium
1-Star Price
$91.70
5-Star Price
$48.70
Economic Moat
Mvsvjd
Capital Allocation
Hfrgnvhzf

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
$68.65
Day Range
$67.9868.88
52-Week Range
$53.5370.01
Bid/Ask
$67.05 / $67.30
Market Cap
$31.52 Bil
Volume/Avg
141 / 2.2 Mil

Key Statistics

Price/Earnings (Normalized)
17.43
Price/Sales
1.61
Dividend Yield (Trailing)
2.90%
Dividend Yield (Forward)
2.90%
Total Yield
2.90%

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 (78% of 2022 revenue and 73% of EBIT) and Australasia (22% and 27%, respectively). In 2023 it announced the planned acquisition of Coca-Cola Beverages Philippines from TCCC.In 2022, 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 Femsasold 3.75 billion unit cases (11%), and the third-largest, Coca-Cola HBC, serving Eastern Europe and North Africa, sold 2.7 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
33,295

Competitors

Valuation

Metric
CCEP
CCH
AC
Price/Earnings (Normalized)
17.4315.4710.68
Price/Book Value
3.603.262.97
Price/Sales
1.610.991.82
Price/Cash Flow
11.558.5713.77
Price/Earnings
CCEP
CCH
AC

Financial Strength

Metric
CCEP
CCH
AC
Quick Ratio
0.580.940.97
Current Ratio
0.851.211.24
Interest Coverage
17.2312.158.92
Quick Ratio
CCEP
CCH
AC

Profitability

Metric
CCEP
CCH
AC
Return on Assets (Normalized)
5.55%6.91%8.26%
Return on Equity (Normalized)
21.78%22.06%18.34%
Return on Invested Capital (Normalized)
8.83%11.03%11.24%
Return on Assets
CCEP
CCH
AC
See how this stock stacks up to its competitors with Morningstar Investor

Beverages - Non-Alcoholic Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Economic Moat
Market Cap
KO
Coca-Cola CoShxvz$263.7 Bil
PEP
PepsiCo IncZhdzf$231.2 Bil
NNFSF
Nongfu Spring Co Ltd Class H Ordinary SharesFvh$64.6 Bil
MNST
Monster Beverage CorpJgykp$57.3 Bil
KDP
Keurig Dr Pepper IncQbcvxtp$42.5 Bil
COCSF
Coca-Cola Femsa SAB de CV Series LHhm$22.7 Bil
KOF
Coca-Cola Femsa SAB de CV ADRSmkyc$22.7 Bil
CELH
Celsius Holdings IncJfcc$14.9 Bil
PRMW
Primo Water CorpBkj$2.4 Bil

Sponsor Center