` Comparison: CCC3 vs PEP - Alpha Spread

CCC3
vs
PEP

Over the past 12 months, CCC3 has outperformed PEP, delivering a return of +5% compared to the PEP's 3% drop.

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CCC3
PEP
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Valuation Comparison

CCC3 Intrinsic Value
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PEP Intrinsic Value
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Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Coca-Cola Co
F:CCC3
61.39 EUR
PepsiCo Inc
NASDAQ:PEP
143.92 USD
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
CCC3, PEP

CCC3
PEP
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Revenue
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Company LTM Historical Growth Growth Streak % Positive Years Max Drawdown Volatility Forecasted Growth
3 Years 5 Years 10 Years 1 Year 3 Years
Coca-Cola Co
Revenue
PepsiCo Inc
Revenue

All metrics are calculated based on data from the last 10 years.

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Profitability Comparison

Free Cash Flow
CCC3, PEP

CCC3
PEP
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Free Cash Flow
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Company LTM Average Historical Growth FCF Margin Conversion
3 Years 5 Years 3 Years 5 Years 10 Years
Coca-Cola Co
F:CCC3
PepsiCo Inc
NASDAQ:PEP
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What is Free Cash Flow?

Gross Margin

CCC3
61.6%
PEP
54.5%
LTM 3Y Avg 5Y Avg 10Y Avg
Coca-Cola Co
PepsiCo Inc

Operating Margin

CCC3
31.1%
PEP
15.5%
LTM 3Y Avg 5Y Avg 10Y Avg
Coca-Cola Co
PepsiCo Inc

Net Margin

CCC3
27.3%
PEP
7.8%
LTM 3Y Avg 5Y Avg 10Y Avg
Coca-Cola Co
PepsiCo Inc

FCF Margin

CCC3
11.7%
PEP
7.3%
LTM 3Y Avg 5Y Avg 10Y Avg
Coca-Cola Co
PepsiCo Inc

ROE

CCC3
45.6%
PEP
37.2%
LTM 3Y Avg 5Y Avg 10Y Avg
Coca-Cola Co
PepsiCo Inc

ROA

CCC3
12.6%
PEP
7%
LTM 3Y Avg 5Y Avg 10Y Avg
Coca-Cola Co
PepsiCo Inc

ROIC

CCC3
18.4%
PEP
16.1%
LTM 3Y Avg 5Y Avg 10Y Avg
Coca-Cola Co
PepsiCo Inc

ROCE

CCC3
19.1%
PEP
19.9%
LTM 3Y Avg 5Y Avg 10Y Avg
Coca-Cola Co
PepsiCo Inc

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
CCC3, PEP

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Performance Gap
CCC3, PEP

Performance Gap Between CCC3 and PEP
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Performance By Year
CCC3, PEP

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CCC3
PEP
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