COKE Stock Analysis: Coca-Cola Consolidated | NASDAQ
Beverages - Non-Alcoholic | NASDAQ, USA | Market Cap: 12.529m USD | 12M Return: 70% | US1910981026 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 85.7M
EPS Trend: -83.8%
Rev. Trend: 94.7%
Warnings
Tailwinds
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Coca-Cola Consolidated, Inc. (COKE) is a U.S.-based bottler, marketer, and distributor of nonalcoholic beverages, headquartered in Charlotte, North Carolina, and operating since 1902. The company is the largest independent Coca-Cola bottler in the United States, producing and distributing sparkling and still beverages, bottled water, ready-to-drink coffee and tea, juices, sports drinks, and energy products. In addition to Coca-Cola brands, it manufactures and distributes third-party brands such as Dr Pepper and Monster Energy, and supplies post-mix fountain syrups to foodservice retailers.
Revenue is generated through direct sales to a broad range of retail and on-premise customers, including grocery stores, mass merchandise and club stores, convenience and drug stores, restaurants, schools, amusement parks, recreational facilities, and vending machine outlets. The business reports two segments: Nonalcoholic Beverages and All Other. The company was renamed Coca-Cola Consolidated, Inc. in January 2019 from its former name, Coca-Cola Bottling Co. Consolidated.
The U.S. soft drink and non-alcoholic beverage sector is mature and distribution-intensive, characterized by high route-to-market logistics costs and long-standing bottling agreements with brand owners such as The Coca-Cola Company. Bottlers typically operate on thin margins, with profitability closely tied to volume, packaging mix, and raw material costs (notably high-fructose corn syrup, aluminum, and PET resin).
- Aluminum and sugar cost inflation pressures bottler margins
- Monster Energy volume growth diversifies non-Coke revenue mix
- Aggressive share repurchases and acquisitions drive capital returns
| Net Income: 550.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.15 > 0.02 and ΔFCF/TA 6.12 > 1.0 |
| NWC/Revenue: 3.46% < 20% (prev 20.04%; Δ -16.57% < -1%) |
| CFO/TA 0.21 > 3% & CFO 939.7m > Net Income 550.0m |
| Net Debt (2.75b) to EBITDA (1.10b): 2.51 < 3 |
| Current Ratio: 1.21 > 1.5 & < 3 |
| Outstanding Shares: last quarter (66.6m) vs 12m ago -23.53% < -2% |
| Gross Margin: 38.76% > 18% (prev 39.81%; Δ -1.04% > 0.5%) |
| Asset Turnover: 154.2% > 50% (prev 125.4%; Δ 28.86% > 0%) |
| Interest Coverage Ratio: 9.64 > 6 (EBIT TTM 890.7m / Interest Expense TTM 92.4m) |
| A: 0.06 (Total Current Assets 1.53b - Total Current Liabilities 1.26b) / Total Assets 4.43b |
| B: -0.13 (Retained Earnings -587.0m / Total Assets 4.43b) |
| C: 0.18 (EBIT TTM 890.7m / Avg Total Assets 4.99b) |
| D: -0.10 (Book Value of Equity -500.1m / Total Liabilities 4.93b) |
| Altman-Z'' = 1.06 = BB |
| DSRI: 0.96 (Receivables 764.6m/719.1m, Revenue 7.69b/6.95b) |
| GMI: 1.03 (GM 39.81% / 38.76%) |
| AQI: 1.26 (AQ_t 0.26 / AQ_t-1 0.21) |
| SGI: 1.11 (Revenue 7.69b / 6.95b) |
| TATA: -0.09 (NI 550.0m - CFO 939.7m) / TA 4.43b) |
| Beneish M = -2.81 (Cap -4..+1) = A |
As of August 09, 2026, the stock is trading at USD 192.99 with a total of 353,631 shares traded. Over the past week, the price has changed by +2.71%, over one month by +8.79%, over three months by +8.81% and over the past year by +70.02%.
Current recommended Stop Loss: 182.80 (which is 5.3% or 1.3 ATR below the current price).
Coca-Cola Consolidated has no consensus analysts rating.
| Analysts Target Price | 1440 | 646.2% |
P/E Trailing = 24.5091
P/E Forward = 17.4216
P/S = 1.6718
P/B = 8.2416
P/EG = 3.039
Revenue TTM = 7.69b USD
EBIT TTM = 890.7m USD
EBITDA TTM = 1.10b USD
Long Term Debt = 2.69b USD (from longTermDebt, last fiscal year)
Short Term Debt = 123.6m USD (from shortTermDebt, last quarter)
Debt = 2.93b USD (corrected: LT Debt 2.69b + ST Debt 123.6m) + Leases 115.7m
Net Debt = 2.75b USD (calculated: Debt 2.93b - CCE 171.7m)
Enterprise Value = 15.3b USD (12.5b + Debt 2.93b - CCE 171.7m)
Interest Coverage Ratio = 9.64 (Ebit TTM 890.7m / Interest Expense TTM 92.4m)
EV/FCF = 23.08x (Enterprise Value 15.3b / FCF TTM 662.1m)
FCF Yield = 4.33% (FCF TTM 662.1m / Enterprise Value 15.3b)
FCF Margin = 8.61% (FCF TTM 662.1m / Revenue TTM 7.69b)
Net Margin = 7.15% (Net Income TTM 550.0m / Revenue TTM 7.69b)
Gross Margin = 38.76% ((Revenue TTM 7.69b - Cost of Revenue TTM 4.71b) / Revenue TTM)
Gross Margin QoQ = 37.93% (prev 39.37%)
Tobins Q-Ratio = 3.45 (Enterprise Value 15.3b / Total Assets 4.43b)
Interest Expense / Debt = 3.16% (Interest Expense 92.4m / Debt 2.93b)
Taxrate = 26.36% (196.8m / 746.8m)
NOPAT = 655.9m (EBIT 890.7m * (1 - 26.36%))
Current Ratio = 1.21 (Total Current Assets 1.53b / Total Current Liabilities 1.26b)
Debt / Equity = -5.85 (negative equity) (Debt 2.93b / totalStockholderEquity, last quarter -500.1m)
Debt / EBITDA = 2.51 (Net Debt 2.75b / EBITDA 1.10b)
Debt / FCF = 4.16 (Net Debt 2.75b / FCF TTM 662.1m)
Total Stockholder Equity = -61.8m (last 4 quarters mean from totalStockholderEquity)
RoA = 11.03% (Net Income 550.0m / Total Assets 4.43b)
RoE = -889.2% (negative equity) (Net Income TTM 550.0m / Total Stockholder Equity -61.8m)
RoCE = 33.94% (EBIT 890.7m / Capital Employed (Equity -61.8m + L.T.Debt 2.69b))
RoIC = 20.99% (NOPAT 655.9m / Invested Capital 3.12b)
WACC = 4.32% (E(12.5b)/V(15.5b) * Re(4.79%) + D(2.93b)/V(15.5b) * Rd(3.16%) * (1-Tc(0.26)))
Discount Rate = 4.79% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -90.88 | Cagr: -17.96%
[DCF] Terminal Value 77.97% ; FCFF base≈592.6m ; Y1≈679.4m ; Y5≈999.8m
[DCF] Fair Price = 217.5 (EV 15.0b - Net Debt 2.75b = Equity 12.3b / Shares 56.5m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -83.78 | EPS CAGR: -51.44% | SUE: N/A | # QB: 0
Revenue Correlation: 94.69 | Revenue CAGR: 5.22% | SUE: N/A | # QB: 0