Is Coca-Cola Europacific Partners plc overvalued or undervalued?

As of 28 May 2019, the valuation grade for Coca-Cola Europacific Partners plc moved from expensive to very attractive, indicating a significant shift in its perceived value. The company is currently considered undervalued, especially in comparison to its peers. Key ratios include a P/E ratio of 33, an EV to EBITDA of 21.33, and a PEG ratio of 0.44, which suggests that the stock is priced favorably relative to its growth potential.
In the peer comparison, Coca-Cola Europacific Partners plc's P/E ratio of 32.21 is notably lower than The Coca-Cola Co.'s P/E of 44.30 and PepsiCo, Inc.'s P/E of 22.78, reinforcing the undervaluation narrative. Additionally, the company's dividend yield of 370.40% and a ROE of 15.01% further highlight its strong financial performance relative to its peers. Over the past year, Coca-Cola Europacific Partners plc has outperformed the S&P 500, with a return of 24.22% compared to the index's 10.26%, which adds to the attractiveness of the investment.