Coca-Cola Europacific Partners (XMAD:CCEP) Piotroski F-Score: 7 (As of Jun. 25, 2026) — 17% Above Median


XMAD:CCEP Coca-Cola Europacific Partners PLC XMAD:CCEP
87 GF Score
Price €88.00
GF Value €84.41
Valuation Fairly Valued
! 4 Warning Signs
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What is Coca-Cola Europacific Partners Piotroski F-Score?

Coca-Cola Europacific Partners XMAD:CCEP +0.34% 87 Piotroski F-Score is 7 as of Jun. 25, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates XMAD:CCEP with a GF Score™ of 87/100 and a GF Value™ of €84.41 (Fairly Valued). The stock has 4 warning signs investors should review. Among 112 Beverages - Non-Alcoholic companies, Coca-Cola Europacific Partners ranks better than 84.82% on this metric.

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Coca-Cola Europacific Partners has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Coca-Cola Europacific Partners's Piotroski F-Score or its related term are showing as below:

XMAD:CCEP' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 6   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of Coca-Cola Europacific Partners was 8. The lowest was 5. And the median was 6.

Coca-Cola Europacific Partners  (XMAD:CCEP) Piotroski F-Score Explanation

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.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

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 Europacific Partners Piotroski F-Score Related Terms


Coca-Cola Europacific Partners Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Coca-Cola Europacific Partners'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.

Coca-Cola Europacific Partners Piotroski F-Score Chart

Coca-Cola Europacific Partners Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 5.00 8.00 5.00 7.00

Coca-Cola Europacific Partners Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Piotroski F-Score 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 8.00 0.00 5.00 0.00 7.00

XMAD:CCEP vs KO, PEP, MNST: Piotroski F-Score Comparison

For the Beverages - Non-Alcoholic subindustry, Coca-Cola Europacific Partners'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 Europacific Partners Piotroski F-Score vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Coca-Cola Europacific Partners's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Coca-Cola Europacific Partners's Piotroski F-Score falls into.


XMAD:CCEP
87GF Score
Coca-Cola Europacific Partners PLC XMAD:CCEP
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* 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.

This Year (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was €1,942 Mil.
Cash Flow from Operations was €2,953 Mil.
Revenue was €20,901 Mil.
Gross Profit was €7,440 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (31100 + 29872) / 2 = €30486 Mil.
Total Assets at the begining of this year (Dec24) was €31,100 Mil.
Long-Term Debt & Capital Lease Obligation was €10,224 Mil.
Total Current Assets was €6,079 Mil.
Total Current Liabilities was €7,585 Mil.
Net Income was €1,418 Mil.

Revenue was €20,438 Mil.
Gross Profit was €7,211 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (29254 + 31100) / 2 = €30177 Mil.
Total Assets at the begining of last year (Dec23) was €29,254 Mil.
Long-Term Debt & Capital Lease Obligation was €9,940 Mil.
Total Current Assets was €6,638 Mil.
Total Current Liabilities was €8,149 Mil.

*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 Europacific Partners's current Net Income (TTM) was 1,942. ==> 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.

Score 1 if positive, 0 if negative.

Coca-Cola Europacific Partners's current Cash Flow from Operations (TTM) was 2,953. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Dec24)
=1942/31100
=0.06244373

ROA (Last Year)=Net Income/Total Assets (Dec23)
=1418/29254
=0.048472

Coca-Cola Europacific Partners's return on assets of this year was 0.06244373. Coca-Cola Europacific Partners's return on assets of last year was 0.048472. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Coca-Cola Europacific Partners's current Net Income (TTM) was 1,942. Coca-Cola Europacific Partners's current Cash Flow from Operations (TTM) was 2,953. ==> 2,953 > 1,942 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=10224/30486
=0.33536705

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=9940/30177
=0.32938993

Coca-Cola Europacific Partners's gearing of this year was 0.33536705. Coca-Cola Europacific Partners's gearing of last year was 0.32938993. ==> 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

Current Ratio (This Year: Dec25)=Total Current Assets/Total Current Liabilities
=6079/7585
=0.80145023

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=6638/8149
=0.81457848

Coca-Cola Europacific Partners's current ratio of this year was 0.80145023. Coca-Cola Europacific Partners's current ratio of last year was 0.81457848. ==> 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 Europacific Partners's number of shares in issue this year was 456. Coca-Cola Europacific Partners's number of shares in issue last year was 461. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=7440/20901
=0.35596383

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=7211/20438
=0.35282317

Coca-Cola Europacific Partners's gross margin of this year was 0.35596383. Coca-Cola Europacific Partners's gross margin of last year was 0.35282317. ==> This year's gross margin is higher. ==> Score 1.

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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Dec24)
=20901/31100
=0.67205788

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=20438/29254
=0.6986395

Coca-Cola Europacific Partners's asset turnover of this year was 0.67205788. Coca-Cola Europacific Partners's asset turnover of last year was 0.6986395. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+1+1+0+0+1+1+0
=6

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Coca-Cola Europacific Partners has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
Coca-Cola Europacific Partners (XMAD:CCEP) has a Piotroski F-Score of 7 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Coca-Cola Europacific Partners and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Coca-Cola Europacific Partners' Piotroski F-Score has ranged from 5.00 to 8.00. According to the industry distribution chart, Coca-Cola Europacific Partners ranks #17 out of 112 companies in the Beverages - Non-Alcoholic industry, placing it in the top 15.2%.
Is Coca-Cola Europacific Partners' Piotroski F-Score too high?
Coca-Cola Europacific Partners' current Piotroski F-Score of 7 is 17% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 8.00. The Beverages - Non-Alcoholic industry median Piotroski F-Score is 5.50. Coca-Cola Europacific Partners' value of 7 is 27.3% above this industry median. Based on the distribution chart, Coca-Cola Europacific Partners ranks #17 out of 112 companies in the Beverages - Non-Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Coca-Cola Europacific Partners has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Coca-Cola Europacific Partners' Piotroski F-Score compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Coca-Cola Europacific Partners ranks #17 out of 112 companies for Piotroski F-Score. This places Coca-Cola Europacific Partners in the top 15% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.50. Coca-Cola Europacific Partners' value of 7 is 27.3% above this benchmark. Historically, Coca-Cola Europacific Partners' own Piotroski F-Score has ranged from 5.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.50, Coca-Cola Europacific Partners 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 Piotroski F-Score for a Beverages - Non-Alcoholic company?
The median Piotroski F-Score among Beverages - Non-Alcoholic companies is 5.50, based on 112 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 Europacific Partners's current Piotroski F-Score of 7 is 27.3% 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 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 Europacific Partners and its competitors. For the Beverages - Non-Alcoholic industry, the median Piotroski F-Score is 5.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coca-Cola Europacific Partners's current Piotroski F-Score is 7, which is 17% above median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coca-Cola Europacific Partners stock overvalued right now?
Based on GuruFocus' analysis, Coca-Cola Europacific Partners (XMAD:CCEP) is currently considered Fairly Valued. The stock's GF Value™ is €84.41, compared to a current price of €88.00 — trading 4.3% above its estimated fair value. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 27.3% above the Beverages - Non-Alcoholic industry median of 5.50. Coca-Cola Europacific Partners' overall GF Score™ is 87/100 with 4 warning signs to review. 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 Europacific Partners (XMAD:CCEP), the current Piotroski F-Score is 7 as of Jun. 25, 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 Europacific Partners (XMAD:CCEP) Overvalued in 2026?

Based on GuruFocus' analysis, Coca-Cola Europacific Partners stock appears to be overvalued. The current stock price of €88.00 is trading 4.3% above its estimated GF Value™ of €84.41. GuruFocus considers Coca-Cola Europacific Partners to be Fairly Valued.

Key valuation signals for XMAD:CCEP:

  • Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
  • GF Value™: €84.41 vs. price of €88.00 (4.3% above fair value)
  • GF Score™: 87/100 with 4 warning signs
  • Industry Position: 27.3% above the Beverages - Non-Alcoholic median (#17 of 112)

No single metric tells the full story. See the XMAD:CCEP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Coca-Cola Europacific Partners Business Description

Address Bakers Road, Pemberton House, Uxbridge, GBR, UB8 1EZ
CCEP is the second-largest bottling partner in the Coca-Cola system by volume, behind Coca-Cola Femsa, and primarily operates in developed Europe, Australasia, and Southeast Asia. In 2025, CCEP sold 3.9 billion unit cases of beverages, which we estimate equates to roughly 9% of the global Coke system volume.TCCC owns 19% of the equity of CCEP, Olive Partners, a holding company of bottling operations, owns a further 36%, and the remaining 45% is free float.
87GF Score

Get the complete analysis for XMAD:CCEP

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€88.00
Price
€84.41
GF Value