# Coca-Cola Europacific Partners PLC (CCEP.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Consumer Defensive / Beverages. Price 7870p, market value 34.7 billionp.

## Valuation
- **P/E (trailing): 20.6×** (5-yr avg 1847.8×, 3-yr avg 1784.2×). Coca-Cola Europacific Partners PLC trades at 20.6× trailing earnings, well below its own five-year average of 1847.8×: cheap by its own standards. The Consumer Defensive median in the September 2026 study was 20.1×. Forward P/E is 18.4×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.56**. A PEG of 0.56 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 1.0×**. Each dollar of revenue is priced at 1.0×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 4.9×**. The shares trade at 4.9× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 7.3×**. Enterprise value is 7.3× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 10.9%** (5-yr avg 0.1%). Free cash flow equals 10.9% of the market value, above its five-year average of 0.1%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 4.9%**. The inverse of the P/E: 4.9% of the price is earned each year.

## Profitability
- **Gross margin: 35.4%**. Coca-Cola Europacific Partners PLC keeps 35.4% of revenue after the direct cost of what it sells.
- **Operating margin: 11.7%**. 11.7% of revenue is left after running the business.
- **Net margin: 8.9%**. 8.9% of each dollar of sales reaches the bottom line.
- **Return on equity: 23.8%**. 23.8% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 20.9%**. Return on all capital, debt included, is 20.9%: comfortably above what that capital costs.
- **Return on assets: 11.2%**. Each dollar of assets produces 11.2% of profit.

## Growth
- **Revenue growth (1 yr): 2.3%** (3-yr 6.5%/yr, 5-yr 14.5%/yr). Revenue grew 2.3% over the last year, against 14.5% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 32.8%** (3-yr 7.5%/yr, 5-yr 30.3%/yr). Earnings per share rose 32.8%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): -5.8%/yr**. Free cash flow has compounded at -5.8% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Debt to equity: 1.37**. Debt is 1.37 times equity, a leveraged balance sheet that needs steady cash flow to service.
- **Net debt / EBITDA: 1.4×**. It would take 1.4 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 9.4×**. Operating profit covers interest 9.4× over, a safe margin.
- **Current ratio: 0.80** (quick 0.60). Current liabilities exceed current assets, so the company depends on ongoing cash generation or refinancing to pay the next year's bills.
- **Altman Z-score: 2.26**. A Z-score of 2.26 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 2.31%** (2p per share, trailing). Coca-Cola Europacific Partners PLC yields 2.31%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 48%** (42% of free cash flow). 48% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 5**. 5 straight years of increases.
- **Dividend growth (5 yr): 19.1%/yr** (1-yr 3.6%). The dividend has compounded at 19.1% a year over five years, doubling roughly every 4 years at that pace.
- **Shareholder yield: 5.8%**. Dividends plus net buybacks return 5.8% of the market value a year.

## Price and momentum
- **Total return (1 yr): 19.1%** (YTD 13.7%, 3-mo 9.6%). The shares are up 19.1% over twelve months including dividends.
- **From 52-week high: -7.9%** (25.3% above the low). Trading 8% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 44**. An RSI of 44 is neutral.
- **Beta (1 yr): 0.69** (volatility 24%). Beta of 0.69 against the FTSE All-Share: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=CCEP.L · Page: https://foliofundamentals.com/stocks/ccep.l

Not investment advice.