Coca-Cola Consolidated, Inc. (COKE) vs Coca Cola Femsa S.A.B. de C.V. (KOF)

Coca-Cola Consolidated, Inc. and Coca Cola Femsa S.A.B. de C.V. are both Beverages Non Alcoholic companies. Coca-Cola Consolidated, Inc. is the larger, with a market value of $12.7B against $5.7B — 2.2× the size. Coca Cola Femsa S.A.B. de C.V. trades at the lower P/E: 17.4× against 25.2×. Coca Cola Femsa S.A.B. de C.V. grew revenue faster over the last twelve months: 36.2% against 10.7%. Coca Cola Femsa S.A.B. de C.V. has the higher net margin (8.05% vs 7.15%) and the lower return on invested capital (14.1% vs 33.8%). Both pay a dividend; Coca Cola Femsa S.A.B. de C.V. yields more (3.53% vs 0.23%). Across the 22 metrics below, Coca Cola Femsa S.A.B. de C.V. leads on 14 and Coca-Cola Consolidated, Inc. on 8.

Valuation

Metric COKE KOF Beverages Non Alcoholic median
P/E 25.19 17.39 21.29
P/S 1.65 1.33 1.65
P/B n/m 2.71 4.58
Price to free cash flow 19.65 9.59 20.78
EV/EBITDA 12.22 10.20 11.71
EV/Sales 1.95 1.47 2.05
Earnings yield 3.97% 5.75% 3.53%
Free cash flow yield 5.09% 10.43% 4.40%

Profitability

Metric COKE KOF Beverages Non Alcoholic median
Gross margin 39.11% 46.42% 41.13%
Operating margin 12.97% 14.39% 13.39%
Net margin 7.15% 8.05% 8.35%
Free cash flow margin 8.38% 0.00% 8.38%
Return on equity 97.33% 0.00% 23.98%
Return on assets 11.03% 7.92% 8.96%
Return on invested capital 33.84% 14.07% 14.10%

Growth

Metric COKE KOF Beverages Non Alcoholic median
Revenue growth (TTM) 10.71% 36.23% 10.11%
EPS growth (last fiscal year) (2.01%) (4.52%) —
Revenue growth, 5-year CAGR 7.62% 11.91% 10.75%
Net income growth, 5-year CAGR 27.03% 20.65% 10.26%

Health

Metric COKE KOF Beverages Non Alcoholic median
Debt to equity (5.03) 0.57 0.00
Current ratio 1.21 1.04 1.30
Net debt to EBITDA 2.14 0.91 0.08

Dividend

Metric COKE KOF Beverages Non Alcoholic median
Dividend yield 0.23% 3.53% 3.00%
Payout ratio 0.03 3.24 0.03

Size

Metric COKE KOF Beverages Non Alcoholic median
Market cap 12.65b 5.72b 3.40b

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