Coca-Cola HBC AGFRA:CCKC +4.59%89 EV-to-FCF is 29.08 as of Jun. 30, 2026, which is 27% above its 10-year median of 22.84. GuruFocus rates FRA:CCKC with a GF Score™ of 89/100 and a GF Value™ of €36.62 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 79 Beverages - Non-Alcoholic companies, Coca-Cola HBC AG ranks worse than 63.29% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Coca-Cola HBC AG's Enterprise Value is €22,127 Mil.
Coca-Cola HBC AG's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €761 Mil. Therefore, Coca-Cola HBC AG's EV-to-FCF for today is 29.08.
The historical rank and industry rank for Coca-Cola HBC AG's EV-to-FCF or its related term are showing as below:
FRA:CCKC'
s EV-to-FCF Range Over the Past 10 Years
Min: 12.51 Med: 22.84 Max: 35.89
Current: 28.73
During the past 13 years, the highest EV-to-FCF of Coca-Cola HBC AG was 35.89. The lowest was 12.51. And the median was 22.84.
FRA:CCKC's EV-to-FCF is ranked worse than 63.29% of 79
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 20.59
vs FRA:CCKC: 28.73
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Coca-Cola HBC AG's PE Ratio (TTM) for today is calculated as:
Coca-Cola HBC AG's share price for today is €57.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Coca-Cola HBC AG's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €2.590.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Coca-Cola HBC AG EV-to-FCF Related Terms
Coca-Cola HBC AG EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Coca-Cola HBC AG's EV-to-FCF 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.
For the Beverages - Non-Alcoholic subindustry, Coca-Cola HBC AG's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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 HBC AG EV-to-FCF vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Coca-Cola HBC AG's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Coca-Cola HBC AG's EV-to-FCF falls into.
Coca-Cola HBC AG's current Enterprise Value is €22,127 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Coca-Cola HBC AG's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €761 Mil.
* 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.
Coca-Cola HBC AG (FRA:CCKC) has a EV-to-FCF of 29.08 as of Jun. 30, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Coca-Cola HBC AG and its competitors. This is 27% above median its historical median of 22.84. Over the past decade, Coca-Cola HBC AG's EV-to-FCF has ranged from 12.51 to 35.89. According to the industry distribution chart, Coca-Cola HBC AG ranks #50 out of 79 companies in the Beverages - Non-Alcoholic industry, placing it in the top 63.3%.
Is Coca-Cola HBC AG's EV-to-FCF too high?
Coca-Cola HBC AG's current EV-to-FCF of 29.08 is 27% above median its 10-year median of 22.84. Over the past 10 years, this metric has ranged from a low of 12.51 to a high of 35.89. The Beverages - Non-Alcoholic industry median EV-to-FCF is 20.59. Coca-Cola HBC AG's value of 29.08 is 41.2% above this industry median. Based on the distribution chart, Coca-Cola HBC AG ranks #50 out of 79 companies in the Beverages - Non-Alcoholic industry, which is below the industry midpoint. Overall, Coca-Cola HBC AG has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Coca-Cola HBC AG's EV-to-FCF compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Coca-Cola HBC AG ranks #50 out of 79 companies for EV-to-FCF. This places Coca-Cola HBC AG in the lower half of its industry. The industry median EV-to-FCF is 20.59. Coca-Cola HBC AG's value of 29.08 is 41.2% above this benchmark. Historically, Coca-Cola HBC AG's own EV-to-FCF has ranged from 12.51 to 35.89 over the past decade. While the company's 10-year median is 22.84 vs. the industry median of 20.59, Coca-Cola HBC AG has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Beverages - Non-Alcoholic company?
The median EV-to-FCF among Beverages - Non-Alcoholic companies is 20.59, based on 79 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Coca-Cola HBC AG's current EV-to-FCF of 29.08 is 41.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Coca-Cola HBC AG and its competitors. For the Beverages - Non-Alcoholic industry, the median EV-to-FCF is 20.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coca-Cola HBC AG's current EV-to-FCF is 29.08, which is 27% above median its own 10-year median of 22.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coca-Cola HBC AG stock overvalued right now?
Based on GuruFocus' analysis, Coca-Cola HBC AG (FRA:CCKC) is currently considered Significantly Overvalued. The stock's GF Value™ is €36.62, compared to a current price of €57.00 — trading 55.7% above its estimated fair value. The current EV-to-FCF is 29.08, which is 27% above median its 10-year median of 22.84 and 41.2% above the Beverages - Non-Alcoholic industry median of 20.59. Coca-Cola HBC AG's overall GF Score™ is 89/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Coca-Cola HBC AG (FRA:CCKC), the current EV-to-FCF is 29.08 as of Jun. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Coca-Cola HBC AG (FRA:CCKC) Overvalued in 2026?
Based on GuruFocus' analysis, Coca-Cola HBC AG stock appears to be overvalued.
The current stock price of €57.00 is trading 55.7% above its estimated GF Value™ of €36.62.
GuruFocus considers Coca-Cola HBC AG to be Significantly Overvalued.
Key valuation signals for FRA:CCKC:
EV-to-FCF: 29.08 (27% above median its 10-year median of 22.84)
GF Value™: €36.62 vs. price of €57.00 (55.7% above fair value)
Industry Position: 41.2% above the Beverages - Non-Alcoholic median (#50 of 79)
No single metric tells the full story. See the FRA:CCKC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Coca-Cola HBC is the third-largest bottling partner in the Coca-Cola system by volume, behind Coca-Cola Femsa and Coca-Cola Europacific Partners. In 2025, CCHBC sold 2.9 billion unit cases of beverages. There is a long tail of Coca-Cola distributors, including brewers and independent operators with very small distribution territories.CCHBC is listed on the London Stock Exchange. Kar-Tess, a Luxembourg-based holding company, owns 23% of the equity of CCHBC, and Coca-Cola holds a further 21%. The remaining 56% is free float.
89GF Score
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