Based on key financial metrics such as the price-to-sales ratio, shareholder yield and the price-earnings ratio, the following 3 stocks made the list for top value stocks in the Beverages industry. Those looking for value stocks to add to their portfolio may want to use this list as a starting point for further investment research.
Why Focus on Undervalued Beverages Stocks?
Value investors seek to buy stocks at a discount to their intrinsic value. Long-term returns show that such strategies are advantageous. Value stocks, as a group, tend to outperform growth stocks over extended periods of time. Typically, value investors perform financial analysis of numerous metrics, don’t follow the herd and are long-term investors.
AAII’s A+ Investor Value Grade is derived from a stock’s Value Score. The Value Score is the percentile rank of the average of the percentile ranks of the price-to-sales ratio, price-earnings ratio, enterprise-value-to-EBITDA (EV/EBITDA) ratio, shareholder yield, price-to-book-value ratio and price-to-free-cash-flow ratio. The score is variable, meaning it can consider all six ratios or, should any of the six ratios not be valid, the remaining ratios that are valid. To be assigned a Value Score, stocks must have a valid (non-null) ratio and corresponding ranking for at least two of the six valuation ratios.
What Goes Into AAII’s Value Grade?
Stock evaluation requires access to huge amounts of data as well as the knowledge and time to sift through it all, make sense of financial ratios, read income statements and analyze recent stock movement. AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way suitable for investors of all knowledge levels, to help investors with that task.
AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A–F grades for more than just value. It is possible for a stock to appear cheap based on one valuation metric but appear expensive on another. It is also possible for one valuation ratio to be associated with outperforming stocks during certain periods of time but not others. Some stocks may even have null values for certain metrics like the price-earnings ratio or the price-to-book ratio but not others. An example of this would be a company with losses instead of profits or a negative book value because of heavy borrowing. Negative earnings or book value result in non-meaningful ratios that are left blank or null.
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3 Undervalued Beverages Stocks
Of course, there are countless value stocks that are worth mentioning, but this is a concise list of the top 3 undervalued stocks in the Beverages industry for Friday, June 26, 2026. Let’s take a closer look at their individual scores to see how they measure up against each other and the Beverages industry median.
| Company | Ticker | Price/Sales | Price/Earnings | EV/EBITDA | Shareholder Yield | Price/Book Value | Price/Free Cash Flow | Value Grade |
| Coca-Cola Consolidated, Inc. | COKE | 1.84 | 24.4 | 11.7 | 24.2% | na | 24.3 | C |
| Coca-Cola FEMSA, S.A.B. de C.V. | KOF | 0.45 | 17.4 | na | (9.2%) | 2.90 | 6.6 | B |
| The Boston Beer Company, Inc. | SAM | 1.00 | na | 9.2 | 7.2% | 2.69 | 10.1 | A |
The Value Grade is assigned based on how each stock’s composite valuation compares to all other stocks.
The process for assigning grades starts with each variable for a given stock. The percentile rankings for all valid ratios that a stock has are calculated. So, for instance, a stock could have a price-to-book ranking in the 43rd percentile, a price-earnings ranking in the 67th percentile, a price-to-sales ranking in the 23rd percentile, etc. Then, those rankings are averaged for each stock. (A minimum of two valid variables are required, though all six will be used if available.)
Once the average of the individual variables is calculated, that average is ranked against all stocks. Put another way, each stock’s composite valuation is compared to all other stocks. These ranks are then sorted into quintiles from the cheapest 20% (a grade of A) to the most expensive 20% (a grade of F).
As always, we recommend that you conduct proper due diligence and research before investing in any security. We also suggest that investors utilize numerous grades, not just value, when it comes to deciding whether a company is a good fit for their allocation needs.
Coca-Cola Consolidated, Inc.’s Value Grade
Value Grade:
| Metric | Score | COKE | Industry Median |
| Price/Sales | 46 | 1.84 | 1.39 |
| Price/Earnings | 61 | 24.4 | 25.1 |
| EV/EBITDA | 45 | 11.7 | 12.5 |
| Shareholder Yield | 1 | 24.2% | 0.1% |
| Price/Book Value | na | na | 2.99 |
| Price/Free Cash Flow | 59 | 24.3 | 26.0 |
Coca-Cola Consolidated, Inc., together with its subsidiaries, manufactures, markets, and distributes nonalcoholic beverages in the United States. It operates through Nonalcoholic Beverages and All Other segments. The company offers sparkling beverages; still beverages, including energy products; noncarbonated beverages, such as bottled water, ready to drink coffee and tea, enhanced water, juices, and sports drinks. It also sells its products to other Coca-Cola bottlers; and post-mix products that are dispensed through equipment, which mix the fountain syrups with carbonated or still water enabling fountain retailers to sell finished products to consumers in cups or glasses. In addition, the company manufactures and distributes various other beverage brands comprising Dr Pepper and Monster Energy. It sells and distributes its products directly to customers, including grocery stores, mass merchandise stores, club stores, convenience stores and drug stores, restaurants, schools, amusement parks, and recreational facilities, as well as vending machine outlets. The company was formerly known as Coca-Cola Bottling Co. Consolidated and changed its name to Coca-Cola Consolidated, Inc. in January 2019. Coca-Cola Consolidated, Inc. was founded in 1902 and is headquartered in Charlotte, North Carolina.
Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are value and so on.
Coca-Cola Consolidated, Inc. has a Value Score of 60, which is considered to be fairly valued.
When you look at Coca-Cola Consolidated, Inc.’s price-to-sales ratio at 1.84 compared to the industry median at 1.39, this company has a higher price relative to revenue compared to its peers. This could make Coca-Cola Consolidated, Inc.’s stock less attractive for value investors.
Coca-Cola Consolidated, Inc.’s price-earnings ratio is 24.40 compared to the industry median at 25.05. This means it has a lower share price relative to earnings compared to its peers. This could make Coca-Cola Consolidated, Inc. more attractive for value investors.
Now, let’s assess Coca-Cola Consolidated, Inc.’s EV/EBITDA ratio, also known as enterprise multiple. At 11.7, when compared to the industry median of 12.5, the company may be considered undervalued in relation to its peers. Value investors could use the enterprise multiple to identify stocks that are considered overvalued or undervalued relative to their industry.
Shareholder yield is the sum of a stock’s dividend yield (paid over previous 12 months minus special dividends) and the percentage of net share buybacks over the previous 12 months. Coca-Cola Consolidated, Inc.’s shareholder yield is higher than its industry median ratio of 0.05%. Value investors may look for an attractive shareholder yield because it can be a powerful tool for identifying if the company has a good management team.
Lastly, let’s take a look at Coca-Cola Consolidated, Inc.’s price-to-free-cash-flow ratio (P/FCF), which can indicate a company’s market value relative to its operating cash flow. Coca-Cola Consolidated, Inc.’s price-to-free-cash-flow ratio is lower than its industry median ratio of 26.00. This could make Coca-Cola Consolidated, Inc. more attractive because the lower P/FCF ratio indicates that Coca-Cola Consolidated, Inc. is fairly valued. The P/FCF ratio metric can also be viewed over a long-term time frame to see if the company's cash flow to share price value is generally improving or worsening.
Coca-Cola FEMSA, S.A.B. de C.V.’s Value Grade
Value Grade:
| Metric | Score | KOF | Industry Median |
| Price/Sales | 17 | 0.45 | 1.39 |
| Price/Earnings | 44 | 17.4 | 25.1 |
| EV/EBITDA | na | na | 12.5 |
| Shareholder Yield | 73 | (9.2%) | 0.1% |
| Price/Book Value | 63 | 2.90 | 2.99 |
| Price/Free Cash Flow | 14 | 6.6 | 26.0 |
Coca-Cola FEMSA, S.A.B. de C.V., a franchise bottler, produces, markets, sells, and distributes Coca-Cola trademarked beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Brazil, Argentina, and Uruguay. The company offers sparkling beverages, including colas and flavored sparkling beverages; waters; and other non-carbonated beverages, including tea, sports drinks, energy drinks, fruit-based beverages, juice, coffee, milk, value-added dairy, and plant-based drinks. It also distributes and sells beer products under the Heineken, Estrella Galicia, and Therezópolis brands; alcoholic ready-to-drink beverages, such as Bacardí Coca-Cola and Topo Chico Hard Seltzer; and Monster products. The company sells its products to distributors, retail outlets, wholesale supermarkets, discount and convenience stores, retailers, points-of-sale outlets, restaurants and bars, stadiums, auditoriums, theaters, and home deliveries. Coca-Cola FEMSA, S.A.B. de C.V. was founded in 1979 and is headquartered in Mexico City, Mexico.
Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are value and so on.
Coca-Cola FEMSA, S.A.B. de C.V. has a Value Score of 61, which is considered to be undervalued.
Coca-Cola FEMSA, S.A.B. de C.V.’s price-earnings ratio is 17.4 compared to the industry median at 25.1. This means that it has a lower price relative to its earnings compared to its peers. This makes Coca-Cola FEMSA, S.A.B. de C.V. more attractive for value investors.
Coca-Cola FEMSA, S.A.B. de C.V.’s price-to-book ratio is higher than its peers. This could make Coca-Cola FEMSA, S.A.B. de C.V. less attractive for value investors when compared to the industry median at 2.99.
You can read more about Coca-Cola FEMSA, S.A.B. de C.V.’s key financial metrics like shareholder yield, price-to-free-cash-flow and EV/EBITDA ratio, or learn more about its Momentum and Growth Grades, by subscribing to A+ Investor.
The Boston Beer Company, Inc.’s Value Grade
Value Grade:
| Metric | Score | SAM | Industry Median |
| Price/Sales | 31 | 1.00 | 1.39 |
| Price/Earnings | na | na | 25.1 |
| EV/EBITDA | 32 | 9.2 | 12.5 |
| Shareholder Yield | 9 | 7.2% | 0.1% |
| Price/Book Value | 61 | 2.69 | 2.99 |
| Price/Free Cash Flow | 24 | 10.1 | 26.0 |
The Boston Beer Company, Inc. produces and sells alcohol beverages primarily in the United States. Its flagship beer is Samuel Adams Boston Lager. The company offers various beers, hard ciders, spirits based ready to drink beverages, distilled spirits, flavored malt beverages, and hard seltzers under the Samuel Adams, Twisted Tea, Truly, Angry Orchard, Dogfish Head, and Sun Cruiser brand names. It markets and sells its products to a network wholesaler in the United States, as well as wholesalers, importers, or other agencies that in turn sell to retailers, such as grocery stores, club stores, convenience stores, liquor stores, bars, restaurants, stadiums, and other traditional and e-commerce retail outlets. It sells its products in Canada, Mexico, and internationally. The Boston Beer Company, Inc. was founded in 1984 and is based in Boston, Massachusetts.
Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are value and so on.
The Boston Beer Company, Inc. has a Value Score of 81, which is considered to be undervalued.
The Boston Beer Company, Inc.’s price-to-book ratio is higher than its peers. This could make The Boston Beer Company, Inc. less attractive for value investors when compared to the industry median at 2.99.
You can read more about The Boston Beer Company, Inc.’s key financial metrics like shareholder yield, price-to-free-cash-flow and EV/EBITDA ratio, or learn more about its Momentum and Growth Grades, by subscribing to A+ Investor.
Other Beverages Stock Grades
Value is just one of the five Stock Grades included in our A+ Investor service. AAII members can see the top-graded stocks—those with grades of A or B for value, growth, momentum, earnings estimate revisions and quality—on the A+ Stock Grades Screener.
Also, if you want full access to all of AAII’s premium services, you can subscribe to one convenient bundled plan called AAII Platinum where you can try out A+ Investor, AAII Dividend Investing, the Stock Superstars Report, Growth Investing and VMQ Stocks. With the other premium services, you can dive deep into additional metrics, portfolios, commentary and information about Beverages stocks as well as other industrys.
Choosing Which of the 3 Best Beverages Stocks Is Right for You
Choosing which value stocks to invest in will ultimately depend on your individual goals and allocation; however, comparing similar value stocks in the same industry can help you analyze which might be better investments for you in the long run. So, let’s take a look at the Value Grade for all of our stocks.
- Coca-Cola Consolidated, Inc. stock has a Value Grade of C.
- Coca-Cola FEMSA, S.A.B. de C.V. stock has a Value Grade of B.
- The Boston Beer Company, Inc. stock has a Value Grade of A.
Now that you have a bit more background about each of the 3 undervalued stocks in the Beverages industry as well as their overall grades, it’s time for you to conduct additional research to see if these could fit your portfolio needs based on your goals and risk tolerance. AAII can help you figure out both and identify which investments align with what works best for you.
We do so through a program of education that teaches you to invest for yourself and become an effective manager of your own wealth—no more relying on others for your financial independence. You can rely on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis that makes you a better investor.
A+ Investor adds to that qualitative teaching by giving you a powerful data suite that helps you whittle down investment decisions to find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs.
Additional Resources About Beverages Stocks
Want to learn more about Beverages stocks to see if they could be the right investment for you? Check out some additional resources and articles to help you on your financial journey.
- 3 Undervalued Beverages Stocks for Thursday, June 25
- Is Anheuser-Busch InBev SA/NV (BUD) Overvalued?
- Is The Coca-Cola Company (KO) Overvalued?
- Is Anheuser-Busch InBev SA/NV (BUD) Overvalued?
AAII Disclaimer
We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown, because past, hypothetical or simulated performance is not necessarily indicative of future results. Before making an investment decision, you should consider your circumstances and whether the information on our content is applicable to your situation. This information was prepared in good faith and we accept no liability for any errors or omissions. The full disclaimer can be read here.
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