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Vita Coco Company, Inc. Stock Research

COCO

19.30USD+0.80(+4.32%)Delayed

Market Summary

USD19.30+0.80
Delayed
4.32%

COCO Alerts

COCO Stock Price

COCO RSI Chart

COCO Valuation

Market Cap

1.1B

Price/Earnings (Trailing)

138.36

Price/Sales (Trailing)

2.53

EV/EBITDA

81.66

Price/Free Cashflow

-90.72

COCO Price/Sales (Trailing)

COCO Profitability

EBT Margin

2.17%

Return on Equity

5.09%

Return on Assets

3.3%

Free Cashflow Yield

-1.1%

COCO Fundamentals

COCO Revenue

Revenue (TTM)

427.8M

Revenue Y/Y

6.24%

Revenue Q/Q

-25.84%

COCO Earnings

Earnings (TTM)

7.8M

Earnings Y/Y

17.76%

Earnings Q/Q

-138.72%

Price Action

52 Week Range

7.3919.38
(Low)(High)

Last 7 days

11.5%

Last 30 days

20.8%

Last 90 days

41.2%

Trailing 12 Months

54.3%

COCO Financial Health

Current Ratio

2.93

COCO Investor Care

Shares Dilution (1Y)

0.83%

Diluted EPS (TTM)

0.14

Financials for Vita Coco Company

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue1.3%428422414401380
Gross Profit0.8%103103108108113
Operating Expenses-89.00----
  S&GA Expenses0.6%10010096.0094.0089.00
  R&D Expenses-0.00----
EBITDA-35.3%11.0018.0027.0027.00-
EBITDA Margin-36.5%0.03*0.04*0.07*0.07*-
Earnings Before Taxes18.1%11.009.0015.0025.0024.00
EBT Margin-41.5%0.02*0.04*0.06*0.06*-
Interest Expenses1.6%0.000.000.000.000.00
Net Income8.4%8.007.0013.0020.0019.00
Net Income Margin-45.4%0.02*0.03*0.05*0.05*-
Free Cahsflow44.9%-19.33-35.10-23.62-16.72-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets-9.4%198218218198197
  Current Assets-8.4%175191188170173
    Cash Equivalents-7.5%20.0021.0016.0018.0029.00
  Inventory13.0%84.0074.0070.0065.0075.00
  Net PPE3.1%2.002.003.003.002.00
  Goodwill0%8.008.008.008.008.00
Liabilities-26.2%57.0077.0087.0071.0074.00
  Current Liabilities-16.5%54.0065.0063.0058.0074.00
Shareholder's Equity-0.4%141142131128123
  Retained Earnings-4.8%55.0058.0051.0050.0047.00
  Additional Paid-In Capital1.5%145143139137135
Shares Outstanding0.2%56.0056.0056.0056.0056.00
Minority Interest------
Cashflow (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations39.2%-10.93-18.00-33.77-22.87-16.17
  Share Based Compensation-0.2%7.007.007.005.003.00
Cashflow From Investing26.6%-0.98-1.34-1.33-0.75-0.56
Cashflow From Financing-39.6%3.005.0032.0028.00-26.80
  Buy BacksNaN%0.000.000.000.0050.00

Risks for COCO

What is the probability of a big loss on COCO?

90.8%


Probability that Vita Coco Company stock will be more than 20% underwater in next one year

89.2%


Probability that Vita Coco Company stock will be more than 30% underwater in next one year.

73.8%


Probability that Vita Coco Company stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does COCO drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Vita Coco Company was unfortunately bought at previous high price.

Drawdowns

Returns for COCO

Cumulative Returns on COCO

Which funds bought or sold COCO recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
new
-
254,620
254,620
-%
2023-02-28
Voya Investment Management LLC
unchanged
-
27,894
157,894
-%
2023-02-21
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
new
-
14.00
14.00
-%
2023-02-15
JANE STREET GROUP, LLC
sold off
-100
-451,000
-
-%
2023-02-15
LAZARD ASSET MANAGEMENT LLC
new
-
20,000
20,000
-%
2023-02-15
Metropolitan Life Insurance Co/NY
unchanged
-
4,134
26,134
-%
2023-02-15
ALLIANCEBERNSTEIN L.P.
added
72.95
152,602
291,602
-%
2023-02-15
State of Wyoming
new
-
71,076
71,076
0.02%
2023-02-15
Capital Impact Advisors, LLC
added
2.59
270,744
1,009,740
0.99%
2023-02-15
Virtu Financial LLC
sold off
-100
-250,000
-
-%

1–10 of 48

Latest Funds Activity

Are funds buying COCO calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own COCO
No. of Funds

Vita Coco Company News

StreetInsider.com

Form PRE 14A LL Flooring Holdings,.

StreetInsider.com,
2 days ago

Marketscreener.com

InvestorsObserver

Yahoo Finance

The Vita Coco Company Names New CFO.

Yahoo Finance,
19 days ago

just-drinks.com

Schedule 13G FIlings of Vita Coco Company

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Mar 13, 2023
rw vc s.a.r.l.
6.09%
3,406,933
SC 13G/A
Feb 14, 2023
kirban michael
6.2%
3,524,320
SC 13G/A
Feb 13, 2023
verlinvest beverages sa
36.84%
20,602,363
SC 13G/A
Feb 14, 2022
rw vc s.a.r.l.
6.08%
3,376,933
SC 13G
Feb 11, 2022
kirban michael
6.1%
3,392,910
SC 13G
Feb 11, 2022
verlinvest beverages sa
38.87%
20,597,697
SC 13G

COCO Fair Value

Recent SEC filings of Vita Coco Company

View All Filings
Date Filed Form Type Document
Mar 15, 2023
3/A
Insider Trading
Mar 15, 2023
4
Insider Trading
Mar 14, 2023
4
Insider Trading
Mar 14, 2023
10-K
Annual Report
Mar 14, 2023
3
Insider Trading
Mar 14, 2023
4
Insider Trading
Mar 14, 2023
4
Insider Trading
Mar 14, 2023
4
Insider Trading
Mar 14, 2023
4
Insider Trading
Mar 14, 2023
4
Insider Trading

Latest Insider Trading transactions for COCO

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-10
BAKER COREY
acquired
-
-
17,741
chief financial officer
2023-03-10
Ricalde Rowena
acquired
-
-
4,435
chief accounting officer
2023-03-10
van Es Charles
acquired
-
-
5,914
chief sales officer
2023-03-10
Prior Jane
acquired
-
-
5,914
chief marketing officer
2023-03-10
Burth Jonathan
acquired
-
-
5,914
chief operating officer
2022-12-14
Burth Jonathan
acquired
51,344
6.418
8,000
chief operating officer
2022-12-14
Burth Jonathan
sold
-101,695
12.7119
-8,000
chief operating officer
2022-12-13
Liran Ira
bought
121,700
12.17
10,000
-
2022-12-01
van Es Charles
sold
-70,591
12.339
-5,721
chief sales officer
2022-11-29
Burth Jonathan
sold
-18,153
11.2893
-1,608
chief operating officer

1–10 of 50

Martin F. Roper
280
The Vita Coco Company, Inc. develops, markets, and distributes coconut water products under the Vita Coco brand name in the United States, Canada, Europe, the Middle East, and the Asia Pacific. The company offers coconut oil and coconut milk; Hydration Drink Mix, a powdered form of flavored coconut water; sparkling water; Runa, a plant-based energy drink; purified water under the Ever & Ever brand name; and PWR LIFT, a protein-infused fitness drink. It distributes its products through club, food, drug, mass, convenience, e-commerce, and foodservice channels. In addition, the company supplies coconut water and coconut oil categories to retailers. The company was formerly known as All Market Inc. and changed its name to The Vita Coco Company, Inc. in September 2021.The Vita Coco Company, Inc. was founded in 2004 and is headquartered in New York, New York.

COCO Income Statement

2022-12-31
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]   
Net sales$ 427,787$ 379,513$ 310,644
Cost of goods sold324,426266,365205,786
Gross profit103,361113,148104,858
Operating expenses   
Selling, general and administrative100,30688,55974,401
Change in fair value of contingent consideration00(16,400)
Total operating expenses100,30688,55958,001
Income from operations3,05524,58946,857
Other income (expense)   
Unrealized gain (loss) on derivative instruments6,6062,093(4,718)
Foreign currency gain (loss)1,387(2,088)1,848
Loss on extinguishment of debt0(132)0
Interest income51127404
Interest expense(258)(360)(791)
Total other income (expense)7,786(360)(3,257)
Income before income taxes10,84124,22943,600
Income tax expense(3,027)(5,237)(10,913)
Net income7,81418,99232,687
Net income (loss) attributable to noncontrolling interest0(23)27
Net income attributable to The Vita Coco Company, Inc.$ 7,814$ 19,015$ 32,660
Net income attributable to The Vita Coco Company, Inc. per common share   
Basic (in dollars per share)$ 0.14$ 0.35$ 0.56
Diluted (in dollars per share)$ 0.14$ 0.35$ 0.56
Weighted-average number of common shares outstanding   
Basic (in shares)55,732,61953,689,91058,501,170
Diluted (in shares)56,123,66154,186,12158,610,825

COCO Balance Sheet

2022-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 19,629$ 28,690
Accounts receivable, net of allowance of $2,898 at December 31, 2022, and $1,301 at December 31, 202143,35047,195
Inventory84,11575,360
Supplier advances1,5341,170
Derivative assets3,606126
Asset held for sale5030
Prepaid expenses and other current assets22,18120,718
Total current assets174,918173,259
Property and equipment, net2,0762,473
Goodwill7,7917,791
Intangible assets, net07,934
Supplier advances4,3602,808
Deferred tax assets, net4,2561,265
Right-of-use asset2,6790
Other assets1,6771,954
Total assets197,757197,484
Current liabilities:  
Accounts payable15,91028,338
Accrued expenses38,34242,399
Notes payable, current2328
Derivative liabilities713,197
Total current liabilities54,34673,962
Credit facility00
Notes payable2548
Other long-term liabilities2,293301
Total liabilities56,66474,311
Stockholders' equity:  
Common stock, $0.01 par value; 500,000,000 shares authorized; and 62,225,250 shares and 61,764,582 shares issued at December 31, 2022 and 2021, respectively; 56,019,050 and 55,558,382 shares outstanding at December 31, 2022 and 2021, respectively.622618
Additional paid-in capital145,210134,730
Retained earnings55,18347,369
Accumulated other comprehensive loss(994)(616)
Treasury stock, 6,206,200 shares at cost as of December 31, 2022, and December 31, 2021(58,928)(58,928)
Total stockholders' equity attributable to The Vita Coco Company, Inc.141,093123,173
Noncontrolling interests00
Total stockholders' equity141,093123,173
Total liabilities and stockholders' equity$ 197,757$ 197,484