Coca-Cola European Partners PLC CCEP

What the company does

Coca-Cola European Partners PLC is a large-cap company in the Consumer Defensive sector (Beverages - Non-Alcoholic), with a market value of $48.7B, based in the USA.

It employs about 37,003 people and has been listed since Jan 01, 1987.

Coca-Cola Europacific Partners PLC, together with its subsidiaries, produces, distributes, and sells a range of non-alcoholic ready-to-drink beverages. It offers flavours, mixers, energy drinks, soft drinks, water, enhanced water, isotonic drinks, tea and coffee, juices, and other drinks. The company provides its products under the Coca-Cola Original Taste, Coca-Cola Zero Sugar, Diet Coke, Sprite, Sprite Zero Sugar, Fanta, Fanta Zero Sugar, Monster Energy, A&W, Absolut Vodka & SPRITE, Ades, Appletiser, aquaBona, Aquarius, BACARDÍ Mixed with Coca Cola RTD, Barista Bros, Bonaqua, BURN, Deep Spring, Dr Pepper, Dr Pepper Zero Sugar, Feral Brewing Co, Fuze Tea, Giancarlo Coffee, GLACEAU smartwater, Grinders, HALO, Jack Daniel's & Coca-Cola ready-to-drink, Kristal, L&P, MER, Minute Maid, Mother, Mount Franklin, Nordic Mist, Nutriboost, Oasis, Pulpy, pump, pumped, Reign, Rekorderlig Cider, Relentless, Royal, Royal Bliss, Schweppes, Schweppes Mix, SOCO, URGE, Vilas del Turbón, Voyage, Wilkins Pure, and Zephyr Coffee Co brands.

Cheap or expensive? priced in line with its group

Its price-to-earnings (P/E) is 21.4 versus 27.8 for the median of the Consumer Defensive sector in our universe (14 companies) — priced in line with its group.

Revenue is growing 4% versus the same quarter last year.

On analysts' next-year forecasts the multiple drops to 18.2 — they expect higher earnings.

The average analyst price target is 109.19, 2% below the current price (their view, not ours).

The stock sits at 88% of its one-year range (0% = the low, 100% = the high).

The risks

• • Net debt is 1.2× shareholders' equity — high leverage.

Strengths

• ✅ Profitable — 9 of every 100 dollars of revenue stays as profit.
• ✅ Generates free cash flow — profit becomes cash in the bank.
• ✅ Buys back its shares (3% fewer shares in a year).
• ✅ Most analysts rate it buy (8 vs 1).
• ✅ Pays a dividend (2.1% a year).

What changed this week

Over the past week the stock fell 1.4% (for comparison: S&P 500 -0.4%, sector ETF XLP +0.7%).

It set a new one-year high this week.

This week's news

• Can CCEP Turn Southeast Asia Momentum Into Its Next Growth Engine? finance.yahoo.com · 2026-10-23
  What the article says

  Coca-Cola Europacific Partners plc CCEP is getting a larger share of its growth from Southeast Asia, giving the company an additional expansion lever outside its mature European markets. First-half 2026 results showed faster regional revenue growth, better execution in the Philippines and Indonesia, and continued… source ↗

• Is CCEP Worth Buying as Growth Improves but Valuation Stays Rich? finance.yahoo.com · 2026-10-23
  What the article says

  Coca-Cola Europacific Partners plc CCEP combines improving operating growth with a valuation that already sits near the top of its historical range. Faster-growing beverage categories, better productivity and healthy cash generation support the business case. The trade-off is price. Consumer affordability remains a… source ↗

• CCEP Rallies 13.9% in the Past Month. Can Strong Momentum Continue? finance.yahoo.com · 2026-10-23
  What the article says

  Coca-Cola Europacific Partners plc CCEP has gained 13.9% in the past four weeks, extending a rally that has put the stock near its 52-week high. The question is whether operating momentum can keep supporting the advance. Faster-growing beverage categories, broader distribution and Southeast Asian expansion strengthen… source ↗

What changed since last week

No material change: same valuation verdict, same risk flags, price moved less than 3%.