CELH
Celsius Holdings, Inc.
CELH offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
COCO
The Vita Coco Company, Inc.
COCO has the edge over CELH overall, supported by lower modeled downside and stronger fundamentals.
CELH Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Stable | |
| Strong |
CELH's revenue, profitability and balance sheet are currently healthy, and its cash flow is stable.
COCO Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
COCO's revenue, profitability, cash flow and balance sheet are all currently strong.
CELH PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 21x | $31.89 | — |
| Current | 35x | $31.89 | — |
| Cheap | 40x | $35.95 | +13% |
| Fair | 141x | $127 | +299% |
| Expensive | 650x | $585 | +1735% |
Historical ranges are pointers, not guarantees.
CELH has the edge over COCO in the historical PE scenario, which offers more potential upside but is not a forecast.
COCO PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 31x | $61.93 | -4.3% |
| Forward | 31x | $64.70 | — |
| Current | 32x | $64.70 | — |
| Fair | 37x | $74.54 | +15% |
| Expensive | 59x | $119 | +84% |
Historical ranges are pointers, not guarantees.
COCO's PE is in its cheap range at 32x. If earnings grow as analysts expect, today's price would be 31x next year's earnings.
CELH Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| Low |
CELH has the edge over COCO on the outlook, with more favorable valuation expectations.
COCO Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Strong growth | |
| Strong growth | |
| Improving | |
| Limited | |
| Low |
Analysts expect strong earnings and revenue growth for COCO, with profitability improving. However, they disagree widely on these estimates.
CELH Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.53 | +70% |
| Q3 2026 | $0.90 | +718% |
| Q2 2026 | $0.24 | -37% |
| Q1 2026 | $0.43 | +30% |
| Q4 2025 | $0.25 | -44% |
| Q3 2025 | $0.11 | -85% |
| Q2 2025 | $0.38 | -62% |
| Q1 2025 | $0.33 | -64% |
| Q4 2024 | $0.45 | -42% |
CELH earned $0.90 per share over the past year, about eight times what it earned the year before.
COCO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.07 | +3.4% |
| Q3 2026 | $2.00 | +74% |
| Q2 2026 | $1.82 | +70% |
| Q1 2026 | $1.38 | +37% |
| Q4 2025 | $1.19 | +27% |
| Q3 2025 | $1.15 | +17% |
| Q2 2025 | $1.07 | +16% |
| Q1 2025 | $1.01 | +11% |
| Q4 2024 | $0.94 | +19% |
COCO has the edge over CELH on earnings, with more consistent year-over-year improvement.
CELH Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $847.2M | +17% |
| Q2 2026 | $817.9M | +11% |
| Q1 2026 | $782.6M | +138% |
| Q4 2025 | $721.6M | +117% |
| Q3 2025 | $725.1M | +173% |
| Q2 2025 | $739.3M | +84% |
| Q1 2025 | $329.3M | -7.4% |
| Q4 2024 | $332.2M | -4.4% |
CELH's revenue has grown year over year for six quarters in a row: $847M last quarter, up 17% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 20% | +31 points |
| Q2 2026 | 9.2% | -10 points |
| Q1 2026 | 18% | +2 points |
| Q4 2025 | 3.6% | +9.2 points |
| Q3 2025 | -11% | -9.8 points |
| Q2 2025 | 19% | -4.1 points |
| Q1 2025 | 16% | -7.6 points |
| Q4 2024 | -5.6% | -23 points |
CELH has the edge over COCO on profitability, with a higher operating margin.
COCO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $243.8M | +34% |
| Q2 2026 | $216.2M | +28% |
| Q1 2026 | $179.8M | +37% |
| Q4 2025 | $127.8M | +0.4% |
| Q3 2025 | $182.3M | +37% |
| Q2 2025 | $168.8M | +17% |
| Q1 2025 | $130.9M | +17% |
| Q4 2024 | $127.3M | +20% |
COCO's revenue has grown year over year for eight quarters in a row: $244M last quarter, up 34% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 19% | +3.3 points |
| Q2 2026 | 29% | +14 points |
| Q1 2026 | 19% | +3.9 points |
| Q4 2025 | 8% | +4.6 points |
| Q3 2025 | 15% | -0.2 points |
| Q2 2025 | 15% | -5.9 points |
| Q1 2025 | 15% | -2.2 points |
| Q4 2024 | 3.4% | -1.7 points |
COCO's operating margin was 19% last quarter, up 3.3 points from the same quarter a year ago.
CELH Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $127.7M | -60% |
| Q2 2026 | $205.5M | +479% |
| Q1 2026 | $65.8M | -32% |
| Q4 2025 | -$130M | -285% |
| Q3 2025 | $321.5M | +3599% |
| Q2 2025 | $35.5M | +17% |
| Q1 2025 | $96.4M | -26% |
| Q4 2024 | $70.3M | +16394% |
CELH still generates free cash flow, though less than at its 2025 peak: $269M over the past year.
COCO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $55.2M | +55% |
| Q2 2026 | $80.8M | +287% |
| Q1 2026 | $15.1M | +$25.5M |
| Q4 2025 | -$7.1M | -205% |
| Q3 2025 | $35.6M | +301% |
| Q2 2025 | $20.9M | -22% |
| Q1 2025 | -$10.4M | -$10M |
| Q4 2024 | $6.8M | -82% |
COCO generated $144M in free cash flow over the past year, up 172% from the year before.
CELH Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.8% | -2M shares |
| 1 year | -1.1% | -2.9M shares |
| 3 years | +7.4% | +17.6M shares |
| 5 years | +8.3% | +19.5M shares |
| Available history | +32% | +62.4M shares |
CELH has the edge over COCO on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $300,000 |
| Q2 2026 | $1M |
| Q1 2026 | $8.8M |
| Q4 2025 | $2.5M |
| Q3 2025 | $448,000 |
| Q2 2025 | $879,000 |
| Q1 2025 | $1.9M |
| Q4 2024 | $603,000 |
CELH spent $13M buying back its own shares over the past year, about three times what it spent the year before.
COCO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.3% | +189K shares |
| 1 year | +1.6% | +953K shares |
| 3 years | +2.6% | +1.6M shares |
| 5 years | +13% | +7.1M shares |
| Available history | +3.6% | +2.1M shares |
COCO has 61M diluted shares, up 1.6% from a year ago, despite $63M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $42.4M |
| Q2 2026 | $8.5M |
| Q1 2026 | $11.5M |
| Q4 2025 | $1.1M |
| Q3 2025 | $151,000 |
| Q2 2025 | $8.6M |
| Q1 2025 | $1.5M |
| Q4 2024 | — |
COCO spent $63M buying back its own shares over the past year, about six times what it spent the year before.
CELH Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.1x | Net Cash |
| Q2 2026 | 0.2x | Very low |
| Q1 2026 | 0.5x | Very low |
| Q4 2025 | 1.6x | Healthy |
| Q3 2025 | 0.5x | Very low |
| Q2 2025 | 1.4x | Healthy |
| Q1 2025 | -7.3x | Net Cash |
| Q4 2024 | -5.5x | Net Cash |
CELH has more cash than debt.
COCO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.0x | Net Cash |
| Q2 2026 | -2.0x | Net Cash |
| Q1 2026 | -2.1x | Net Cash |
| Q4 2025 | -2.4x | Net Cash |
| Q3 2025 | -2.6x | Net Cash |
| Q2 2025 | -2.4x | Net Cash |
| Q1 2025 | -2.1x | Net Cash |
| Q4 2024 | -2.2x | Net Cash |
COCO has the edge over CELH on leverage, with a lower net debt burden relative to earnings.
CELH Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 51.3 | Neutral |
| Stochastic | 56.8 | Neutral |
CELH's weekly RSI is 51 (neutral) and its Stochastic is 57 (neutral).
COCO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 54.5 | Neutral |
| Stochastic | 62.9 | Neutral |
COCO's weekly RSI is 54 (neutral) and its Stochastic is 63 (neutral).
CELH PE vs Consumer Defensive Sector
| Metric | CELH | Sector median | Relative |
|---|---|---|---|
| PE | 35x | 19x | 82% above |
| PE % | 11 | 18 | 7 pts below |
CELH is trading at 35x earnings, a 82% premium to the Consumer Defensive sector's median of 19x.
COCO PE vs Consumer Defensive Sector
| Metric | COCO | Sector median | Relative |
|---|---|---|---|
| PE | 32x | 19x | 66% above |
| PE % | 27 | 22 | 5 pts above |
COCO has the edge over CELH on valuation relative to its sector.
CELH Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $29.1 | 9.4% above |
| 20 week MA | $29.6 | 7.8% above |
| 50 week MA | $36.1 | 12% below |
| 100 week MA | $38.8 | 18% below |
| 200 week MA | $44.6 | 29% below |
CELH has bounced recently, but its long-term trend is still down: it's above its 8- and 20-week averages, but 29% below its 200-week average.
COCO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $59.2 | 9.2% above |
| 20 week MA | $61.6 | 5% above |
| 50 week MA | $60.6 | 6.7% above |
| 100 week MA | $48.7 | 33% above |
| 200 week MA | $37.1 | 74% above |
COCO has the edge over CELH on trend strength, trading above more of its moving averages.
CELH Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $1.58 | $14.7 | +832% |
| 2021 | $14.7 | $24.9 | +69% |
| 2022 | $24.9 | $35.6 | +43% |
| 2023 | $35.6 | $54.5 | +53% |
| 2024 | $54.5 | $26.5 | -51% |
| 2025 | $26.5 | $45.6 | +72% |
| 2026 YTD | $45.6 | $31.9 | -30% |
CELH's yearly returns have swung widely, from +832% in 2020 to −51% in 2024. It's down 30% so far in 2026.
COCO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $14.0 | $11.3 | -19% |
| 2022 | $11.3 | $13.7 | +21% |
| 2023 | $13.7 | $25.7 | +88% |
| 2024 | $25.7 | $36.3 | +42% |
| 2025 | $36.3 | $53.6 | +47% |
| 2026 YTD | $53.6 | $64.7 | +21% |
COCO has the edge over CELH on returns for 2026, with the stronger performance.