CCE (Update)

Coca-Cola Enterprises Inc

Consumer, Event Driven/Special Sit


Presented:02/04/2016
Price:$46.72
Cap:$10.84B
Current Price:$77.18
Cap:$36.05B

Presented

Date02/04/2016
Price$46.72
Market Cap$10.84B
Ent Value$15.21B
P/E Ratio20.05x
Book Value$4.44
Div Yield0%
Shares O/S232.00M
Ave Daily Vol2,305,187
Short Int3.14%

Current

Price$77.18
Market Cap$36.05B
Coca-Cola Enterprises, Inc. markets, produces, and distributes nonalcoholic beverages. It distributes products to customers in Belgium, continental France, Great Britain, Luxembourg, Monaco, the Netherlands, Norway, and Sweden. Its products include Coca-Cola, Diet Coke, Coca-Cola Light, Coke Zero, Fanta, Sprite, Fanta Natural, Powerade Energy, Capri-Sun, Tea and Peach. The company was founded on October 2, 2010 and is headquartered in Atlanta, GA.

Publicly traded companies mentioned herein: The Coca-Cola Company (KO), Coca-Cola Enterprises Inc (CCE), PepsiCo Inc (PEP)

Highlights

The presenter remains long shares of Coca-Cola Enterprises (CCE), the independent European Coke bottler. He still holds to his thesis around synergies from the pending merger with Coca-Cola Iberian Partners (operating primarily in Spain and Portugal) and Coca-Cola Erifrischungsgetärnke (the Coca-Cola owned German bottler). He notes the “complicated” nature of the transaction has deterred analysts and investors from focusing on the company, and believes there are multiple sources of upside moving forward.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.