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Coca-Cola Consolidated (Coca-Cola Consolidated) E10 : $16.67 (As of Dec. 2023)


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What is Coca-Cola Consolidated E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Coca-Cola Consolidated's adjusted earnings per share data for the three months ended in Dec. 2023 was $8.080. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $16.67 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Coca-Cola Consolidated's average E10 Growth Rate was 35.90% per year. During the past 3 years, the average E10 Growth Rate was 44.90% per year. During the past 5 years, the average E10 Growth Rate was 34.80% per year. During the past 10 years, the average E10 Growth Rate was 17.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Coca-Cola Consolidated was 44.90% per year. The lowest was -0.10% per year. And the median was 8.20% per year.

As of today (2024-04-30), Coca-Cola Consolidated's current stock price is $826.00. Coca-Cola Consolidated's E10 for the quarter that ended in Dec. 2023 was $16.67. Coca-Cola Consolidated's Shiller PE Ratio of today is 49.55.

During the past 13 years, the highest Shiller PE Ratio of Coca-Cola Consolidated was 92.98. The lowest was 19.08. And the median was 48.80.


Coca-Cola Consolidated E10 Historical Data

The historical data trend for Coca-Cola Consolidated's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Coca-Cola Consolidated E10 Chart

Coca-Cola Consolidated Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.06 5.48 7.55 12.27 16.67

Coca-Cola Consolidated Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.27 13.67 14.96 15.85 16.67

Competitive Comparison of Coca-Cola Consolidated's E10

For the Beverages - Non-Alcoholic subindustry, Coca-Cola Consolidated's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Coca-Cola Consolidated's Shiller PE Ratio Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Coca-Cola Consolidated's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Coca-Cola Consolidated's Shiller PE Ratio falls into.



Coca-Cola Consolidated E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Coca-Cola Consolidated's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=8.08/129.4194*129.4194
=8.080

Current CPI (Dec. 2023) = 129.4194.

Coca-Cola Consolidated Quarterly Data

per share eps CPI Adj_EPS
201403 0.260 99.695 0.338
201406 1.480 100.560 1.905
201409 1.300 100.428 1.675
201412 0.320 99.070 0.418
201503 0.240 99.621 0.312
201506 2.890 100.684 3.715
201509 2.740 100.392 3.532
201512 0.460 99.792 0.597
201603 -1.080 100.470 -1.391
201606 1.670 101.688 2.125
201609 2.470 101.861 3.138
201612 2.300 101.863 2.922
201703 -0.540 102.862 -0.679
201706 0.680 103.349 0.852
201709 1.850 104.136 2.299
201712 8.310 104.011 10.340
201803 -1.520 105.290 -1.868
201806 -0.420 106.317 -0.511
201809 2.690 106.507 3.269
201812 -2.880 105.998 -3.516
201903 -0.730 107.251 -0.881
201906 1.640 108.070 1.964
201909 1.380 108.329 1.649
201912 -1.090 108.420 -1.301
202003 1.550 108.902 1.842
202006 4.190 108.767 4.986
202009 5.510 109.815 6.494
202012 7.050 109.897 8.302
202103 5.670 111.754 6.566
202106 5.120 114.631 5.781
202109 7.320 115.734 8.186
202112 2.040 117.630 2.244
202203 9.940 121.301 10.605
202206 10.590 125.017 10.963
202209 12.630 125.227 13.053
202212 12.610 125.222 13.033
202303 12.570 127.348 12.774
202306 13.020 128.729 13.090
202309 9.800 129.860 9.767
202312 8.080 129.419 8.080

Add all the adjusted EPS together and divide 10 will get our e10.


Coca-Cola Consolidated  (NAS:COKE) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Coca-Cola Consolidated's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=826.00/16.67
=49.55

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of Coca-Cola Consolidated was 92.98. The lowest was 19.08. And the median was 48.80.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Coca-Cola Consolidated E10 Related Terms

Thank you for viewing the detailed overview of Coca-Cola Consolidated's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Coca-Cola Consolidated (Coca-Cola Consolidated) Business Description

Traded in Other Exchanges
Address
4100 Coca-Cola Plaza, Charlotte, NC, USA, 28211
Coca-Cola Consolidated Inc sells nonalcoholic beverage products in the United States. The company purchases concentrate and syrups from other beverage manufacturers under a license, then produces, packages, markets, and distributes the beverages to retailers. The company's primary licensor is Coca-Cola Co., which generally allows it to exclusively market, produce, and distribute Coca-Cola products in specified parts of the U.S.: North Carolina, South Carolina, West Virginia, and parts of Alabama, Georgia, Tennessee, Virginia, Indiana, and Kentucky. The company manages its business in two operating segments. Nonalcoholic Beverages segment which represents the majority of the company's revenues and All Other segments.
Executives
Coventry Elaine Moyese Bowers director 4100 COCA-COLA PLAZA, CHARLOTTE NC 28211
Nathaniel Brent Tollison officer: See Remarks 4100 COCA-COLA PLAZA, CHARLOTTE NC 28211
Christine Ann Motherwell officer: SVP, Human Resources 4100 COCA-COLA PLAZA, CHARLOTTE NC 28211
Matthew Joseph Blickley officer: SVP, Financial Planning & CAO 4100 COCA-COLA PLAZA, CHARLOTTE NC 28211
Donell W Etheridge officer: See Remarks 4100 COCA-COLA PLAZA, CHARLOTTE NC 28211
Jeffrey L Turney officer: See Remarks 4100 COCA-COLA PLAZA, CHARLOTTE NC 28211
Murrey John W Iii director 4100 COCA-COLA PLAZA, CHARLOTTE NC 28211
Fredrick Scott Anthony officer: SVP, Treasurer 4100 COCA-COLA PLAZA, CHARLOTTE NC 28211
Richard Tyrone Williams director HOMETRUST BANCSHARES, INC., 10 WOODFIN STREET, ASHEVILLE NC 28801
Jennifer K Mann director THE COCA-COLA COMPANY, ONE COCA-COLA PLAZA, ATLANTA GA 30313
James L Matte officer: SVP, Human Resources 4100 COCA-COLA PLAZA, CHARLOTTE NC 28211
Fisher E Beauregarde Iii officer: EVP, General Counsel 4100 COCA-COLA PLAZA, CHARLOTTE NC 28211
Wells Sue Anne H. director 1219 CARTER LAKE ROAD, CHATTANOOGA TN 37405
Deal Clifford M Iii officer: SVP and CFO 4100 COCA COLA PLAZA, CHARLOTTE NC 28211
Helvey James Relerford Iii director 100 PIKE WAY, MOUNT AIRY NC 27030