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The Vita Coco Company

COCO
82
Beverages - Non-Alcoholic · Consumer Defensive
Exchange
NASDAQ
Winston Score
82
Winston is happy
A high-quality business with solid fundamentals.
Data as of Aug 23, 2026 · filings through Jun 30, 2026
How the score breaks down
Quality
Strong
Growth
Exceptional
Cash Flow
Exceptional
Stability
Exceptional
Valuation
Good

Winston Score History

The full picture

Vita Coco makes and sells coconut water and other coconut-based drinks. Its flagship product is Vita Coco branded coconut water, which it sells to grocery stores, convenience stores, and online retailers across the United States, Europe, and beyond. The company is one of the largest coconut water brands in the world and also sells products under other labels, including private-label coconut water for retailers.

Vita Coco makes money by selling its bottled beverages wholesale to retailers, who then sell them to everyday consumers. Most of its revenue comes from the United States, but it has a meaningful presence in the United Kingdom and other international markets. Its main competitive advantage is strong brand recognition in a category it helped popularize, along with established supply chain relationships for sourcing coconuts. The key risk is that coconut water remains a niche category, and the company faces pressure from both private-label alternatives and larger beverage companies entering the space.

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Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+28.1% YoY

YoY Growth Rate

Revenue accelerating

EPS Growth

+117.5% YoY

YoY Growth Rate

EPS growth accelerating

Insider Activity

13.8%ownership

Flat

Insider ownership roughly steady over the past year

Cash Position

Cash flow positive

$279M cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

Company generates more cash than it spends — no dilution risk from fundraising

Revenue accelerating

The Vita Coco Company grew revenue 28% year-over-year and the growth rate is speeding up. That's the kind of momentum growth investors look for — the question is whether margins can follow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

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Quality

Profit per sale
Gross Margin
48.7%
Healthy — 48.7% gross margin
Profit after running costs
Operating Margin
29.2%
Excellent — 29.2% operating margin
Return on the money invested
ROCE
32.5%
Exceptional — 32.5% return on capital

ROIC above 25%. Every dollar invested in the business earns more than 25 cents back per year.

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Growth

Sales growth
Sales YoY
+26.1%
Fast-growing sales (+26.1% YoY)
Profit growth
EPS YoY
+69.7%
Earnings growing fast (+69.7% YoY)

Earnings growing 25%+ a year. The compounder zone.

How steady the profit is
EPS Consistency
7/8 quarters
Every recent quarter grew earnings vs last year

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Cash Flow

Profit that turns into cash
Cash Conversion
130%
Turns 130% of profit into real cash
Spare cash per sale
FCF Margin
19.1%
Converts sales into free cash efficiently (19.1%)

FCF margin between 10% and 20%. Every $100 in sales becomes $10 to $20 in real cash.

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Stability

What it owes vs what it owns
Debt / Equity
0.04
Conservative — low debt load (0.04)
Covers its interest
Interest Cover
100.00x
Comfortably covers interest (100.0x)

Interest coverage above 8. Profits cover interest many times over.

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Valuation

Price vs profit
P/E Ratio (TTM)
34.0x
no trend
Pricey — P/E 34.0

P/E above the market average. People are paying up for expected growth.

Cheaper or dearer next year
P/E vs Forward
+8.3
GROWING
Earnings expected to grow meaningfully — cheaper on forward P/E (34.0 → 25.7)

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Dividends

Not applicable for this business.
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