Coca-Cola Europacific Partners — Earnings Quality Grade F
CCEP · Consumer Defensive
Major red flags
Screening Summary
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 47 days, change +1 days YoY
AR growth 4.7% vs revenue growth 2.3%
Revenue 2.3%, CFFO -3.5%. Cash follows revenue
Expense Quality
Inventory -3.8% vs COGS 1.8%. Normal
CapEx growth 1.2% vs revenue 2.3%. Normal
SG&A/Gross Profit = 31.6%. Normal
Gross margin 35.6%, change +0.3pp. Stable
Cash Flow Quality
CFFO/NI = 1.52. Profits backed by cash
FCF $2.0B, FCF/NI = 1.03
Accruals ratio = -3.4%. Low accruals
Cash $1.0B covers only 9% of debt $10.7B
Balance Sheet Health
Goodwill+Intangibles $17.0B = 217% of equity. Over 50%
Debt/EBITDA = 2.8x. Healthy
Other assets grew 34.7% vs revenue 2.3%
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change -2% YoY. Normal
Manipulation Score
M-Score = -2.60 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-08