Beverages - Non-Alcoholic
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CCEP vs FIZZ
Revenue, margins, valuation, and 5-year total return — side by side.
Beverages - Non-Alcoholic
CCEP vs FIZZ — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Beverages - Non-Alcoholic | Beverages - Non-Alcoholic |
| Market Cap | $42.66B | $3.27B |
| Revenue (TTM) | $41.26B | $1.20B |
| Net Income (TTM) | $3.35B | $187M |
| Gross Margin | 35.4% | 37.2% |
| Operating Margin | 11.7% | 19.7% |
| Forward P/E | 21.0x | 17.5x |
| Total Debt | $11.22B | $72M |
| Cash & Equiv. | $918M | $194M |
CCEP vs FIZZ — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Coca-Cola Europacif… (CCEP) | 100 | 252.3 | +152.3% |
| National Beverage C… (FIZZ) | 100 | 122.7 | +22.7% |
Price return only. Dividends and distributions are not included.
Quick Verdict: CCEP vs FIZZ
Each card shows where this stock fits in a portfolio — not just who wins on paper.
CCEP is the clearest fit if your priority is growth exposure and long-term compounding.
- Rev growth -1.8%, EPS growth 32.8%, 3Y rev CAGR 5.0%
- 130.4% 10Y total return vs FIZZ's 91.0%
- Lower volatility, beta 0.13, current ratio 0.80x
FIZZ carries the broadest edge in this set and is the clearest fit for income & stability and defensive.
- Dividend streak 4 yrs, beta 0.29, yield 9.3%
- Beta 0.29, yield 9.3%, current ratio 2.90x
- 0.8% revenue growth vs CCEP's -1.8%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 0.8% revenue growth vs CCEP's -1.8% | |
| Value | PEG 0.69 vs 2.35 | |
| Quality / Margins | 15.6% margin vs CCEP's 8.1% | |
| Stability / Safety | Beta 0.13 vs FIZZ's 0.29 | |
| Dividends | 9.3% yield, 4-year raise streak, vs CCEP's 2.4% | |
| Momentum (1Y) | +7.6% vs FIZZ's -20.2% | |
| Efficiency (ROA) | 27.1% ROA vs CCEP's 11.2%, ROIC 57.9% vs 10.4% |
CCEP vs FIZZ — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
FIZZ leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
CCEP is the larger business by revenue, generating $41.3B annually — 34.4x FIZZ's $1.2B. FIZZ is the more profitable business, keeping 15.6% of every revenue dollar as net income compared to CCEP's 8.1%.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $41.3B | $1.2B |
| EBITDAEarnings before interest/tax | $6.7B | $258M |
| Net IncomeAfter-tax profit | $3.4B | $187M |
| Free Cash FlowCash after capex | $4.4B | $157M |
| Gross MarginGross profit ÷ Revenue | +35.4% | +37.2% |
| Operating MarginEBIT ÷ Revenue | +11.7% | +19.7% |
| Net MarginNet income ÷ Revenue | +8.1% | +15.6% |
| FCF MarginFCF ÷ Revenue | +10.7% | +13.1% |
| Rev. Growth (YoY)Latest quarter vs prior year | -0.6% | -1.0% |
| EPS Growth (YoY)Latest quarter vs prior year | +69.4% | 0.0% |
Valuation Metrics
CCEP leads this category, winning 4 of 7 comparable metrics.
Valuation Metrics
At 17.6x trailing earnings, FIZZ trades at a 11% valuation discount to CCEP's 19.8x P/E. Adjusting for growth (PEG ratio), CCEP offers better value at 0.65x vs FIZZ's 2.36x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | ||
|---|---|---|
| Market CapShares × price | $42.7B | $3.3B |
| Enterprise ValueMkt cap + debt − cash | $54.8B | $3.2B |
| Trailing P/EPrice ÷ TTM EPS | 19.81x | 17.57x |
| Forward P/EPrice ÷ next-FY EPS est. | 21.01x | 17.46x |
| PEG RatioP/E ÷ EPS growth rate | 0.65x | 2.36x |
| EV / EBITDAEnterprise value multiple | 13.45x | 12.30x |
| Price / SalesMarket cap ÷ Revenue | 1.81x | 2.72x |
| Price / BookPrice ÷ Book value/share | 4.45x | 7.38x |
| Price / FCFMarket cap ÷ FCF | 18.66x | 19.21x |
Profitability & Efficiency
FIZZ leads this category, winning 6 of 8 comparable metrics.
Profitability & Efficiency
CCEP delivers a 40.4% return on equity — every $100 of shareholder capital generates $40 in annual profit, vs $39 for FIZZ. FIZZ carries lower financial leverage with a 0.16x debt-to-equity ratio, signaling a more conservative balance sheet compared to CCEP's 1.35x. On the Piotroski fundamental quality scale (0–9), CCEP scores 6/9 vs FIZZ's 5/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +40.4% | +39.3% |
| ROA (TTM)Return on assets | +11.2% | +27.1% |
| ROICReturn on invested capital | +10.4% | +57.9% |
| ROCEReturn on capital employed | +11.4% | +40.4% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 5 |
| Debt / EquityFinancial leverage | 1.35x | 0.16x |
| Net DebtTotal debt minus cash | $10.3B | -$122M |
| Cash & Equiv.Liquid assets | $918M | $194M |
| Total DebtShort + long-term debt | $11.2B | $72M |
| Interest CoverageEBIT ÷ Interest expense | 9.78x | — |
Total Returns (Dividends Reinvested)
CCEP leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in CCEP five years ago would be worth $18,501 today (with dividends reinvested), compared to $8,707 for FIZZ. Over the past 12 months, CCEP leads with a +7.6% total return vs FIZZ's -20.2%. The 3-year compound annual growth rate (CAGR) favors CCEP at 15.8% vs FIZZ's -9.6% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +7.8% | +10.4% |
| 1-Year ReturnPast 12 months | +7.6% | -20.2% |
| 3-Year ReturnCumulative with dividends | +55.4% | -26.1% |
| 5-Year ReturnCumulative with dividends | +85.0% | -12.9% |
| 10-Year ReturnCumulative with dividends | +130.4% | +91.0% |
| CAGR (3Y)Annualised 3-year return | +15.8% | -9.6% |
Risk & Volatility
CCEP leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
CCEP is the less volatile stock with a 0.13 beta — it tends to amplify market swings less than FIZZ's 0.29 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. CCEP currently trades 85.8% from its 52-week high vs FIZZ's 73.0% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.13x | 0.29x |
| 52-Week HighHighest price in past year | $110.90 | $47.89 |
| 52-Week LowLowest price in past year | $84.66 | $31.21 |
| % of 52W HighCurrent price vs 52-week peak | +85.8% | +73.0% |
| RSI (14)Momentum oscillator 0–100 | 43.3 | 56.4 |
| Avg Volume (50D)Average daily shares traded | 1.7M | 218K |
Analyst Outlook
FIZZ leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Wall Street rates CCEP as "Buy" and FIZZ as "Sell". Consensus price targets imply 16.3% upside for CCEP (target: $111) vs -2.7% for FIZZ (target: $34). For income investors, FIZZ offers the higher dividend yield at 9.29% vs CCEP's 2.41%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Sell |
| Price TargetConsensus 12-month target | $110.60 | $34.00 |
| # AnalystsCovering analysts | 28 | 8 |
| Dividend YieldAnnual dividend ÷ price | +2.4% | +9.3% |
| Dividend StreakConsecutive years of raises | 0 | 4 |
| Dividend / ShareAnnual DPS | $1.95 | $3.25 |
| Buyback YieldShare repurchases ÷ mkt cap | +2.8% | 0.0% |
FIZZ leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). CCEP leads in 3 (Valuation Metrics, Total Returns).
CCEP vs FIZZ: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is CCEP or FIZZ a better buy right now?
For growth investors, National Beverage Corp.
(FIZZ) is the stronger pick with 0. 8% revenue growth year-over-year, versus -1. 8% for Coca-Cola Europacific Partners PLC (CCEP). National Beverage Corp. (FIZZ) offers the better valuation at 17. 6x trailing P/E (17. 5x forward), making it the more compelling value choice. Analysts rate Coca-Cola Europacific Partners PLC (CCEP) a "Buy" — based on 28 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — CCEP or FIZZ?
On trailing P/E, National Beverage Corp.
(FIZZ) is the cheapest at 17. 6x versus Coca-Cola Europacific Partners PLC at 19. 8x. On forward P/E, National Beverage Corp. is actually cheaper at 17. 5x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Coca-Cola Europacific Partners PLC wins at 0. 69x versus National Beverage Corp. 's 2. 35x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.
03Which is the better long-term investment — CCEP or FIZZ?
Over the past 5 years, Coca-Cola Europacific Partners PLC (CCEP) delivered a total return of +85.
0%, compared to -12. 9% for National Beverage Corp. (FIZZ). Over 10 years, the gap is even starker: CCEP returned +130. 4% versus FIZZ's +91. 0%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — CCEP or FIZZ?
By beta (market sensitivity over 5 years), Coca-Cola Europacific Partners PLC (CCEP) is the lower-risk stock at 0.
13β versus National Beverage Corp. 's 0. 29β — meaning FIZZ is approximately 127% more volatile than CCEP relative to the S&P 500. On balance sheet safety, National Beverage Corp. (FIZZ) carries a lower debt/equity ratio of 16% versus 135% for Coca-Cola Europacific Partners PLC — giving it more financial flexibility in a downturn.
05Which is growing faster — CCEP or FIZZ?
By revenue growth (latest reported year), National Beverage Corp.
(FIZZ) is pulling ahead at 0. 8% versus -1. 8% for Coca-Cola Europacific Partners PLC (CCEP). On earnings-per-share growth, the picture is similar: Coca-Cola Europacific Partners PLC grew EPS 32. 8% year-over-year, compared to 5. 3% for National Beverage Corp.. Over a 3-year CAGR, CCEP leads at 5. 0% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — CCEP or FIZZ?
National Beverage Corp.
(FIZZ) is the more profitable company, earning 15. 6% net margin versus 9. 3% for Coca-Cola Europacific Partners PLC — meaning it keeps 15. 6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: FIZZ leads at 19. 6% versus 12. 9% for CCEP. At the gross margin level — before operating expenses — FIZZ leads at 37. 0%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is CCEP or FIZZ more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.
By this metric, Coca-Cola Europacific Partners PLC (CCEP) is the more undervalued stock at a PEG of 0. 69x versus National Beverage Corp. 's 2. 35x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, National Beverage Corp. (FIZZ) trades at 17. 5x forward P/E versus 21. 0x for Coca-Cola Europacific Partners PLC — 3. 6x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for CCEP: 16. 3% to $110. 60.
08Which pays a better dividend — CCEP or FIZZ?
All stocks in this comparison pay dividends.
National Beverage Corp. (FIZZ) offers the highest yield at 9. 3%, versus 2. 4% for Coca-Cola Europacific Partners PLC (CCEP).
09Is CCEP or FIZZ better for a retirement portfolio?
For long-horizon retirement investors, Coca-Cola Europacific Partners PLC (CCEP) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
13), 2. 4% yield, +130. 4% 10Y return). Both have compounded well over 10 years (CCEP: +130. 4%, FIZZ: +91. 0%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between CCEP and FIZZ?
Both stocks operate in the Consumer Defensive sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: CCEP is a mid-cap quality compounder stock; FIZZ is a small-cap deep-value stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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