$Coca-Cola Consolidated (COKE.US)$The bottling company of Co...

Revenue has been growing steadily over the past 5 years, with an average growth rate of 7.7%. Operating profit has experienced high-speed growth for nearly 4 years out of the 5 years, with an average growth rate of 44%. However, net income was negative in 2018 and has since experienced high-speed growth for the following 4 years. In 2022, interest expense accounted for 3.9% of operating profit, indicating a manageable interest burden. Gross margin has increased from 33.6% to 36.7% over the past 5 years, and the return on net assets increased to 47.1% in 2022.

Revenue increased by 8.5% in the first three quarters of 2023, operating profit increased by 15%, and net income increased by 6.7%. However, the high-speed growth seems to have come to an end.

The current P/E ratio is 18.8 and the trailing P/E ratio is 17.9. If net profit grows by 10% for the full year, the P/E ratio will decrease to 17.1, with a dividend yield of 0.2%. Considering the recent rapid decline in growth rate, it is advisable to adopt a wait-and-see approach for now.