Side by sideCCEP (CCEP.L) and Coca-Cola HBC (CCH.L)Memos of October 14, 2026 and October 16, 2026
CCEP vs Coca-Cola HBC stock: the numbers side by side (October 2026)
How do CCEP and Coca-Cola HBC compare?
| CCEP CCEP.L | Coca-Cola HBC CCH.L | |
|---|---|---|
| Revenue growth | 2.3%2025 | 7.9%2025 |
| Operating margin | 13.4%2025 | 11.3%2025 |
| Free cash flow | 1,605EUR millions · 2025 | 551.8EUR millions · 2025 |
| Free cash flow yield | 3.8%Today (Oct 14, 2026) | 2.9%Today (Oct 16, 2026) |
| Dividend yield | 2.1%Today (Oct 14, 2026) | 2.3%Today (Oct 16, 2026) |
| P/E, last 12 months | 21.6xToday (Oct 14, 2026) | 19.2xToday (Oct 16, 2026) |
| P/E, next 12 months | 19.9xToday (Oct 14, 2026) | 16.3xToday (Oct 16, 2026) |
| Weighted price forecast, about 1 year | 7989.06 (+1 %)October 2027 | 4106.03 (-5 %)October 2027 |
| Weighted price forecast, about 3 years | 8642.67 (+14 %)October 2029 | 4632.79 (+13 %)October 2029 |
Who leads on what?
| Leads | The lead is | |
|---|---|---|
| Revenue growth | Coca-Cola HBC | The higher figure |
| Operating margin | CCEP | The higher figure |
| Free cash flow | CCEP | The higher figure |
| Free cash flow yield | CCEP | The higher figure |
| Dividend yield | Coca-Cola HBC | The higher figure |
| P/E, last 12 months | Coca-Cola HBC | The lower figure |
| P/E, next 12 months | Coca-Cola HBC | The lower figure |
| Weighted price forecast, about 1 year | CCEP | The higher weighted return |
| Weighted price forecast, about 3 years | CCEP | The higher weighted return |
What does each company do?
Coca-Cola Europacific Partners (CCEP) makes, packages and delivers branded drinks to grocery, convenience, restaurant, wholesale and other business customers.
CCEP (CCEP.L), from our memo of October 14, 2026 · CCEP stock forecast
Coca-Cola HBC makes, packages and distributes drinks and other products to retailers, wholesalers, restaurants and cafés across 29 countries.
Coca-Cola HBC (CCH.L), from our memo of October 16, 2026 · Coca-Cola HBC stock forecast