It's been a great morning session for Coca-Cola Europacific investors, who saw their shares rise 1.3% to a price of $91.79 per share. At these higher prices, is the company still fairly valued? If you are thinking about investing, make sure to check the company's fundamentals before making a decision.
an Increase in Expected Earnings Improves Value but Trading Above Its Fair Price:
Coca-Cola Europacific Partners PLC, together with its subsidiaries, produces, distributes, and sells a range of non-alcoholic ready to drink beverages. The company belongs to the Consumer Staples sector, which has an average price to earnings (P/E) ratio of 25.91 and an average price to book (P/B) ratio of 3.03. In contrast, Coca-Cola Europacific has a trailing 12 month P/E ratio of 26.5 and a P/B ratio of 4.98.
Coca-Cola Europacific has moved 24.5% over the last year compared to 11.9% for the S&P 500 — a difference of 12.6%. Coca-Cola Europacific has a 52 week high of $92.73 and a 52 week low of $71.49.
Generally Positive Cash Flows but Not Enough Current Assets to Cover Current Liabilities:
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Revenue (M) | $12,017 | $10,606 | $13,763 | $17,320 | $18,302 | $20,438 |
| Gross Margins | 38% | 35% | 37% | 36% | 37% | 35% |
| Net Margins | 9% | 5% | 7% | 9% | 9% | 7% |
| Net Income (M) | $1,090 | $498 | $988 | $1,521 | $1,669 | $1,444 |
| Net Interest Expense (M) | -$96 | -$111 | -$129 | -$114 | -$120 | -$187 |
| Diluted Shares (M) | 456 | 455 | 456 | 457 | 459 | 461 |
| Earnings Per Share | $2.32 | $1.09 | $2.15 | $3.29 | $3.63 | $3.08 |
| EPS Growth | n/a | -53.02% | 97.25% | 53.02% | 10.33% | -15.15% |
| Free Cash Flow (M) | $1,904 | $1,490 | $2,117 | $2,932 | $2,806 | $3,061 |
| Total Debt (M) | $5,622 | $6,382 | $11,790 | $10,571 | $10,096 | $9,940 |
| Current Ratio | 0.75 | 0.98 | 0.95 | 0.89 | 0.91 | 0.81 |
