Financials Coca-Cola Europacific Partners plc

Equities

CCEP

GB00BDCPN049

Non-Alcoholic Beverages

Market Closed - Euronext Amsterdam 11:35:25 2024-05-29 am EDT 5-day change 1st Jan Change
65.7 EUR -1.20% Intraday chart for Coca-Cola Europacific Partners plc -3.24% +9.14%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 20,378 17,933 22,383 23,510 27,636 30,614 - -
Enterprise Value (EV) 1 26,483 23,597 34,058 33,716 37,093 40,320 39,534 38,674
P/E ratio 19.2 x 36.2 x 22.5 x 15.6 x 16.6 x 16.9 x 15.4 x 13.6 x
Yield 2.78% 2.15% 2.85% 3.27% 3.06% 2.98% 3.24% 3.55%
Capitalization / Revenue 1.7 x 1.69 x 1.63 x 1.36 x 1.51 x 1.46 x 1.4 x 1.34 x
EV / Revenue 2.2 x 2.22 x 2.47 x 1.95 x 2.03 x 1.93 x 1.81 x 1.7 x
EV / EBITDA 11.6 x 13.2 x 12.7 x 11.6 x 11.9 x 11.3 x 10.2 x 9.44 x
EV / FCF 18.9 x 20.7 x 19.3 x 13.9 x 17.4 x 24.3 x 19.9 x 17.5 x
FCF Yield 5.28% 4.84% 5.19% 7.21% 5.75% 4.12% 5.02% 5.73%
Price to Book 3.4 x 2.99 x 3.19 x 3.16 x 3.46 x 3.43 x 3.13 x 2.89 x
Nbr of stocks (in thousands) 456,391 454,588 456,043 456,958 459,073 460,355 - -
Reference price 2 44.65 39.45 49.08 51.45 60.20 66.50 66.50 66.50
Announcement Date 2/13/20 2/11/21 2/16/22 2/16/23 2/23/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 12,017 10,606 13,763 17,320 18,302 20,900 21,894 22,769
EBITDA 1 2,277 1,789 2,688 2,910 3,127 3,573 3,871 4,095
EBIT 1 1,676 1,194 1,886 1,772 2,373 2,646 2,839 3,070
Operating Margin 13.95% 11.26% 13.7% 10.23% 12.97% 12.66% 12.97% 13.48%
Earnings before Tax (EBT) 1 1,454 695 1,411 1,957 2,203 2,440 2,677 2,933
Net income 1 1,090 498 998 1,508 1,669 1,801 1,966 2,182
Net margin 9.07% 4.7% 7.25% 8.71% 9.12% 8.62% 8.98% 9.58%
EPS 2 2.320 1.090 2.180 3.290 3.630 3.930 4.328 4.873
Free Cash Flow 1 1,398 1,142 1,768 2,432 2,134 1,661 1,986 2,216
FCF margin 11.63% 10.77% 12.85% 14.04% 11.66% 7.95% 9.07% 9.73%
FCF Conversion (EBITDA) 61.4% 63.83% 65.77% 83.57% 68.24% 46.5% 51.29% 54.11%
FCF Conversion (Net income) 128.26% 229.32% 177.15% 161.27% 127.86% 92.26% 100.99% 101.56%
Dividend per Share 2 1.240 0.8500 1.400 1.680 1.840 1.983 2.158 2.359
Announcement Date 2/13/20 2/11/21 2/16/22 2/16/23 2/23/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S2 2020 S1 2020 S2 2021 S1 2021 Q3 2021 Q4 2021 S2 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2022 S2 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2023 S2 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4 2024 S2 2025 Q1 2025 S1 2025 S2
Net sales 1 6,215 4,837 5,769 5,918 3,949 3,896 7,845 3,709 4,571 8,280 4,520 4,295 9,040 4,154 4,823 8,977 4,807 4,518 9,325 4,950 5,497 10,001 5,437 5,112 10,645 4,876 10,670 11,169
EBITDA 1,218 - - - - - - - - - - - - - - - - - - - - 1,678 - - 1,903 - 1,936 2,068
EBIT 906 398 796 691 - - 1,195 - - 1,051 - - 721 - - 1,165 - - 1,208 - - 1,269 - - 1,390 - 1,441 1,511
Operating Margin 14.58% 8.23% 13.8% 11.68% - - 15.23% - - 12.69% - - 7.98% - - 12.98% - - 12.95% - - 12.69% - - 13.06% - 13.51% 13.53%
Earnings before Tax (EBT) 776 - - - - - - - - - - - - - - - - - - - - 1,111 - - 1,332 - 1,352 1,489
Net income 582 - - - - - - - - - - - - - - - - - - - - 813 - - 979 - 992 1,094
Net margin 9.36% - - - - - - - - - - - - - - - - - - - - 8.13% - - 9.2% - 9.3% 9.79%
EPS 1.250 - - - - - - - - - - - - - - - - - - - - 1.770 - - 2.130 - 2.160 2.380
Dividend per Share 0.6200 - 0.8500 - - - 1.400 - - 0.5600 - - 1.120 - - 0.6700 - - 1.170 - - 0.6950 - - 1.275 - 0.8600 1.430
Announcement Date 2/13/20 8/6/20 2/11/21 9/2/21 11/9/21 2/16/22 2/16/22 4/27/22 8/4/22 8/4/22 3/17/23 2/16/23 2/16/23 5/2/23 8/2/23 8/2/23 11/1/23 2/23/24 2/23/24 - - - - - - - - -
1EUR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 6,105 5,664 11,675 10,206 9,457 9,707 8,920 8,061
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.681 x 3.166 x 4.343 x 3.507 x 3.024 x 2.717 x 2.304 x 1.969 x
Free Cash Flow 1 1,398 1,142 1,768 2,432 2,134 1,661 1,986 2,216
ROE (net income / shareholders' equity) 18.6% 13.5% 20.8% 21.4% 22.1% 21.3% 20.8% 20.8%
ROA (Net income/ Total Assets) 6.42% 4.33% 5.6% 5.31% 5.81% 5.96% 6.4% 6.81%
Assets 1 16,971 11,501 17,821 28,394 28,733 30,193 30,732 32,017
Book Value Per Share 2 13.10 13.20 15.40 16.30 17.40 19.40 21.20 23.00
Cash Flow per Share 2 4.060 3.270 4.630 6.400 6.110 6.030 6.210 6.530
Capex 1 506 348 349 500 672 958 979 1,018
Capex / Sales 4.21% 3.28% 2.54% 2.89% 3.67% 4.59% 4.47% 4.47%
Announcement Date 2/13/20 2/11/21 2/16/22 2/16/23 2/23/24 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
A
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
13
Last Close Price
66.5 EUR
Average target price
72.44 EUR
Spread / Average Target
+8.94%
Consensus
  1. Stock Market
  2. Equities
  3. CCEP Stock
  4. Financials Coca-Cola Europacific Partners plc