The Vita Coco Company, Inc. (COCO)

NASDAQ: COCO · IEX Real-Time Price · USD
24.43
+0.67 (2.82%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Total Valuation

COCO has a market cap or net worth of $1.39 billion. The enterprise value is $1.25 billion.

Market Cap 1.39B
Enterprise Value 1.25B

Important Dates

The next estimated earnings date is Wednesday, May 1, 2024, before market open.

Earnings Date May 1, 2024
Ex-Dividend Date n/a

Share Statistics

COCO has 56.93 million shares outstanding. The number of shares has increased by 4.67% in one year.

Shares Outstanding 56.93M
Shares Change (YoY) +4.67%
Shares Change (QoQ) +0.40%
Owned by Insiders (%) 18.74%
Owned by Institutions (%) 83.37%
Float 35.67M

Valuation Ratios

The trailing PE ratio is 30.92 and the forward PE ratio is 27.01.

PE Ratio 30.92
Forward PE 27.01
PS Ratio 2.82
Forward PS 2.71
PB Ratio 6.87
P/FCF Ratio 13.05
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 20.94, with an EV/FCF ratio of 11.77.

EV / Earnings 26.90
EV / Sales 2.54
EV / EBITDA 20.94
EV / EBIT 21.65
EV / FCF 11.77

Financial Position

The company has a current ratio of 3.18, with a Debt / Equity ratio of 0.00.

Current Ratio 3.18
Quick Ratio 2.26
Debt / Equity 0.00
Debt / EBITDA 0.00
Debt / FCF 0.00
Interest Coverage 1,869.39

Financial Efficiency

Return on equity (ROE) is 26.00% and return on invested capital (ROIC) is 22.46%.

Return on Equity (ROE) 26.00%
Return on Assets (ROA) 18.50%
Return on Capital (ROIC) 22.46%
Revenue Per Employee $1.68M
Profits Per Employee $158,602
Employee Count 294
Asset Turnover 1.96
Inventory Turnover 4.64

Taxes

In the past 12 months, COCO has paid $11.29 million in taxes.

Income Tax 11.29M
Effective Tax Rate 19.49%

Stock Price Statistics

The stock price has increased by +21.91% in the last 52 weeks. The beta is 0.18, so COCO's price volatility has been lower than the market average.

Beta (1Y) 0.18
52-Week Price Change +21.91%
50-Day Moving Average 22.77
200-Day Moving Average 25.86
Relative Strength Index (RSI) 52.42
Average Volume (30 Days) 756,011

Short Selling Information

The latest short interest is 5.21 million, so 9.14% of the outstanding shares have been sold short.

Short Interest 5.21M
Short Previous Month 4.73M
Short % of Shares Out 9.14%
Short % of Float 14.60%
Short Ratio (days to cover) 6.10

Income Statement

In the last 12 months, COCO had revenue of $493.61 million and earned $46.63 million in profits. Earnings per share was $0.79.

Revenue 493.61M
Gross Profit 180.73M
Operating Income 56.49M
Pretax Income 57.92M
Net Income 46.63M
EBITDA 59.90M
EBIT 57.95M
Earnings Per Share (EPS) $0.79
Full Income Statement

Balance Sheet

The company has $136.41 million in cash and $26,000 in debt, giving a net cash position of $136.39 million or $2.40 per share.

Cash & Cash Equivalents 136.41M
Total Debt 26,000
Net Cash 136.39M
Net Cash Per Share $2.40
Equity / Book Value 202.44M
Book Value Per Share 3.56
Working Capital 180.35M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $107.16 million and capital expenditures -$594,000, giving a free cash flow of $106.56 million.

Operating Cash Flow 107.16M
Capital Expenditures -594,000
Free Cash Flow 106.56M
FCF Per Share $1.89
Full Cash Flow Statement

Margins

Gross margin is 36.61%, with operating and profit margins of 11.44% and 9.45%.

Gross Margin 36.61%
Operating Margin 11.44%
Pretax Margin 11.73%
Profit Margin 9.45%
EBITDA Margin 12.13%
EBIT Margin 11.74%
FCF Margin 21.59%

Dividends & Yields

COCO does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -4.67%
Shareholder Yield -4.67%
Earnings Yield 3.35%
FCF Yield 7.66%

Analyst Forecast

The average price target for COCO is $29.13, which is 19.24% higher than the current price. The consensus rating is "Buy".

Price Target $29.13
Price Target Difference 19.24%
Analyst Consensus Buy
Analyst Count 9
Revenue Growth Forecast (5Y) 10.96%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

COCO has an Altman Z-Score of 13.67 and a Piotroski F-Score of 6.

Altman Z-Score 13.67
Piotroski F-Score 6