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Coca-Cola ConsolidatedCOKE +0.74%83 Piotroski F-Score is 5 as of Aug. 14, 2026, which is 29% below its 10-year median of 7.00. GuruFocus rates COKE with a GF Score™ of 83/100 and a GF Value™ of $175.99 (Fairly Valued). Among 115 Beverages - Non-Alcoholic companies, Coca-Cola Consolidated ranks worse than 53.04% on this metric.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Coca-Cola Consolidated has an F-score of 5 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Coca-Cola Consolidated's Piotroski F-Score or its related term are showing as below:
COKE'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 7 Max: 9
Current: 5
During the past 13 years, the highest Piotroski F-Score of Coca-Cola Consolidated was 9. The lowest was 4. And the median was 7.
The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.
He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.
He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.
What he found was something that exceeded his most optimistic expectations.
Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.
Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).
Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.
Coca-Cola Consolidated Piotroski F-Score Related Terms
Coca-Cola Consolidated Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Coca-Cola Consolidated's Piotroski F-Score 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.
COKE vs PRMB, CELH, COCO: Piotroski F-Score Comparison
For the Beverages - Non-Alcoholic subindustry, Coca-Cola Consolidated's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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 Piotroski F-Score vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Coca-Cola Consolidated's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Coca-Cola Consolidated's Piotroski F-Score falls into.
* 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.
*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.
Profitability
Question 1. Return on Assets (ROA)
Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.
Score 1 if positive, 0 if negative.
Coca-Cola Consolidated's current Net Income (TTM) was 550.
==> Positive ==> Score 1.
Question 2. Cash Flow Return on Assets (CFROA)
Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.
Coca-Cola Consolidated's return on assets of this year was 0.09924423. Coca-Cola Consolidated's return on assets of last year was 0.10352945.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Coca-Cola Consolidated's gearing of this year was 0.51339784. Coca-Cola Consolidated's gearing of last year was 0.28073689.
==> Last year is lower than this year ==> Score 0.
Question 6. Change in Working Capital (Liquidity)
Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.
Score 1 if this year's current ratio is higher, 0 if it's lower
Coca-Cola Consolidated's current ratio of this year was 1.21139369. Coca-Cola Consolidated's current ratio of last year was 2.03946783.
==> Last year's current ratio is higher ==> Score 0.
Question 7. Change in Shares in Issue
Compare the number of shares in issue this year, to the number in issue last year.
Score 0 if there is larger number of shares in issue this year, 1 otherwise.
Coca-Cola Consolidated's number of shares in issue this year was 66.649. Coca-Cola Consolidated's number of shares in issue last year was 87.157.
==> There is smaller number of shares in issue this year, or the same. ==> Score 1.
Efficiency
Question 8. Change in Gross Margin
Compare this year's gross margin (Gross Profit divided by sales) to last year's.
Score 1 if this year's gross margin is higher, 0 if it's lower.
Coca-Cola Consolidated's gross margin of this year was 0.39110674. Coca-Cola Consolidated's gross margin of last year was 0.3980501.
==> Last year's gross margin is higher ==> Score 0.
Question 9. Change in asset turnover
Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.
Score 1 if this year's asset turnover ratio is higher, 0 if it's lower
Coca-Cola Consolidated's asset turnover of this year was 1.38801037. Coca-Cola Consolidated's asset turnover of last year was 1.22835123.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Coca-Cola Consolidated has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Coca-Cola Consolidated (COKE) has a Piotroski F-Score of 5 as of Aug. 14, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Coca-Cola Consolidated and its competitors. This is 29% below median its historical median of 7.00. Over the past decade, Coca-Cola Consolidated's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, Coca-Cola Consolidated ranks #61 out of 115 companies in the Beverages - Non-Alcoholic industry, placing it in the top 53%.
Is Coca-Cola Consolidated's Piotroski F-Score too high?
Coca-Cola Consolidated's current Piotroski F-Score of 5 is 29% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 9.00. The Beverages - Non-Alcoholic industry median Piotroski F-Score is 6.00. Coca-Cola Consolidated's value of 5 is 16.7% below this industry median. Based on the distribution chart, Coca-Cola Consolidated ranks #61 out of 115 companies in the Beverages - Non-Alcoholic industry, which is below the industry midpoint. Overall, Coca-Cola Consolidated has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Coca-Cola Consolidated's Piotroski F-Score compare to PRMB and CELH?
According to the Beverages - Non-Alcoholic industry distribution chart, Coca-Cola Consolidated ranks #61 out of 115 companies for Piotroski F-Score. This places Coca-Cola Consolidated in the lower half of its industry. The industry median Piotroski F-Score is 6.00. Coca-Cola Consolidated's value of 5 is 16.7% below this benchmark. Historically, Coca-Cola Consolidated's own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 6.00, Coca-Cola Consolidated has consistently been below 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 Piotroski F-Score for a Beverages - Non-Alcoholic company?
The median Piotroski F-Score among Beverages - Non-Alcoholic companies is 6.00, based on 115 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Coca-Cola Consolidated's current Piotroski F-Score of 5 is 16.7% below 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 Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Coca-Cola Consolidated and its competitors. For the Beverages - Non-Alcoholic industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coca-Cola Consolidated's current Piotroski F-Score is 5, which is 29% below median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coca-Cola Consolidated stock overvalued right now?
Based on GuruFocus' analysis, Coca-Cola Consolidated (COKE) is currently considered Fairly Valued. The stock's GF Value™ is $175.99, compared to a current price of $190.16 — trading 8.1% above its estimated fair value. The current Piotroski F-Score is 5, which is 29% below median its 10-year median of 7.00 and 16.7% below the Beverages - Non-Alcoholic industry median of 6.00. Coca-Cola Consolidated's overall GF Score™ is 83/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Coca-Cola Consolidated (COKE), the current Piotroski F-Score is 5 as of Aug. 14, 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 Consolidated (COKE) Overvalued in 2026?
Based on GuruFocus' analysis, Coca-Cola Consolidated stock appears to be overvalued.
The current stock price of $190.16 is trading 8.1% above its estimated GF Value™ of $175.99.
GuruFocus considers Coca-Cola Consolidated to be Fairly Valued.
Key valuation signals for COKE:
Piotroski F-Score: 5 (29% below median its 10-year median of 7.00)
GF Value™: $175.99 vs. price of $190.16 (8.1% above fair value)
Industry Position: 16.7% below the Beverages - Non-Alcoholic median (#61 of 115)
No single metric tells the full story. See the COKE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Coca-Cola Consolidated Inc distributes, markets, and manufactures nonalcoholic beverages. It offers a range of nonalcoholic beverage products and flavors, including both sparkling and still beverages. Sparkling beverages are carbonated beverages, and the Company's principal sparkling beverage is Coca-Cola. Still beverages include energy products and non-carbonated beverages such as bottled water, ready-to-drink tea, ready-to-drink coffee, enhanced water, juices, and sports drinks. The Company has two operating segments: Nonalcoholic Beverages and All Other. Key revenue is generated from Nonalcoholic Beverages.
83GF Score
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