CCH.L vs. BATS.L
CCH.L (Coca Cola HBC AG) and BATS.L (British American Tobacco plc) are both stocks. Both are in the Consumer Defensive sector — CCH.L in Beverages - Non-Alcoholic, BATS.L in Tobacco. Over the past 10 years, CCH.L returned 15.43%/yr vs 7.31%/yr for BATS.L. At a 0.34 correlation, their price movements are largely independent.
Performance
CCH.L vs. BATS.L - Performance Comparison
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Returns By Period
In the year-to-date period, CCH.L achieves a 15.72% return, which is significantly higher than BATS.L's 7.56% return. Over the past 10 years, CCH.L has outperformed BATS.L with an annualized return of 15.43%, while BATS.L has yielded a comparatively lower 7.31% annualized return.
CCH.L
- 1D
- 1.02%
- 1M
- 4.62%
- YTD
- 15.72%
- 6M
- 21.68%
- 1Y
- 14.12%
- 3Y*
- 26.11%
- 5Y*
- 14.25%
- 10Y*
- 15.43%
BATS.L
- 1D
- 1.48%
- 1M
- 4.73%
- YTD
- 7.56%
- 6M
- 6.51%
- 1Y
- 34.97%
- 3Y*
- 29.92%
- 5Y*
- 18.46%
- 10Y*
- 7.31%
CCH.L vs. BATS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CCH.L Coca Cola HBC AG | 15.72% | 43.91% | 22.14% | 20.08% | -19.68% | 10.15% | -4.69% | 11.09% | 3.27% | 39.03% |
BATS.L British American Tobacco plc | 7.56% | 56.35% | 37.24% | -23.51% | 28.17% | 9.10% | -9.61% | 38.29% | -47.15% | 13.39% |
Correlation
The correlation between CCH.L and BATS.L is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Apr 29, 2013 | 0.34 |
Fundamentals
CCH.L:
£15.80B
BATS.L:
£97.89B
CCH.L:
£4.84
BATS.L:
£4.91
CCH.L:
8.96
BATS.L:
9.10
CCH.L:
0.50
BATS.L:
0.34
CCH.L:
0.71
BATS.L:
1.91
CCH.L:
4.10
BATS.L:
2.04
CCH.L:
£22.35B
BATS.L:
£51.48B
CCH.L:
£8.14B
BATS.L:
£35.04B
CCH.L:
£3.00B
BATS.L:
£17.11B
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Return for Risk
CCH.L vs. BATS.L — Risk / Return Rank
CCH.L
BATS.L
CCH.L vs. BATS.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Coca Cola HBC AG (CCH.L) and British American Tobacco plc (BATS.L). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| CCH.L | BATS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.91 | ||
| Sortino ratioReturn per unit of downside risk | -1.17 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.25 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 0.78 | 2.54 | -1.76 |
| Martin ratioReturn relative to average drawdown | 1.62 | 6.13 | -4.51 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CCH.L | BATS.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.62 | 1.53 | -0.91 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.60 | 0.90 | -0.30 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | 0.31 | +0.28 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.41 | -0.02 |
Drawdowns
CCH.L vs. BATS.L - Drawdown Comparison
The maximum CCH.L drawdown since its inception was -48.45%, smaller than the maximum BATS.L drawdown of -54.44%. Use the drawdown chart below to compare losses from any high point for CCH.L and BATS.L.
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Drawdown Indicators
| CCH.L | BATS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.45% | -54.44% | +5.99% |
Max Drawdown (1Y)Largest decline over 1 year | -18.05% | -13.70% | -4.35% |
Max Drawdown (3Y)Largest decline over 3 years | -18.05% | -14.78% | -3.27% |
Max Drawdown (5Y)Largest decline over 5 years | -47.54% | -29.68% | -17.86% |
Max Drawdown (10Y)Largest decline over 10 years | -48.45% | -54.44% | +5.99% |
Current DrawdownCurrent decline from peak | -8.33% | -9.94% | +1.61% |
Average DrawdownAverage peak-to-trough decline | -14.56% | -15.17% | +0.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.69% | 5.69% | +3.00% |
Volatility
CCH.L vs. BATS.L - Volatility Comparison
The current volatility for Coca Cola HBC AG (CCH.L) is 5.39%, while British American Tobacco plc (BATS.L) has a volatility of 10.04%. This indicates that CCH.L experiences smaller price fluctuations and is considered to be less risky than BATS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CCH.L | BATS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.39% | 10.04% | -4.65% |
Volatility (6M)Calculated over the trailing 6-month period | 16.58% | 18.26% | -1.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.68% | 22.75% | -0.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.86% | 20.57% | +3.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.20% | 23.92% | +2.28% |
Dividends
CCH.L vs. BATS.L - Dividend Comparison
CCH.L's dividend yield for the trailing twelve months is around 2.39%, less than BATS.L's 5.40% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BATS.L British American Tobacco plc | 5.40% | 5.70% | 8.18% | 10.06% | 6.64% | 7.89% | 7.77% | 6.28% | 7.81% | 4.35% | 0.00% | 0.00% |
CCH.L Coca Cola HBC AG | 2.39% | 2.33% | 2.96% | 2.94% | 3.60% | 2.50% | 2.35% | 6.99% | 1.95% | 1.60% | 1.88% | 1.76% |
Financials
CCH.L vs. BATS.L - Financials Comparison
This section allows you to compare key financial metrics between Coca Cola HBC AG and British American Tobacco plc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
CCH.L vs. BATS.L - Profitability Comparison
CCH.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Coca Cola HBC AG reported a gross profit of 2.20B and revenue of 5.98B. Therefore, the gross margin over that period was 36.8%.
BATS.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, British American Tobacco plc reported a gross profit of 8.28B and revenue of 13.54B. Therefore, the gross margin over that period was 61.1%.
CCH.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Coca Cola HBC AG reported an operating income of 654.01M and revenue of 5.98B, resulting in an operating margin of 10.9%.
BATS.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, British American Tobacco plc reported an operating income of 5.02B and revenue of 13.54B, resulting in an operating margin of 37.1%.
CCH.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Coca Cola HBC AG reported a net income of 469.16M and revenue of 5.98B, resulting in a net margin of 7.9%.
BATS.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, British American Tobacco plc reported a net income of 3.25B and revenue of 13.54B, resulting in a net margin of 24.0%.
Frequently Asked Questions
CCH.L and BATS.L have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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