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The Coca-Cola Company
KO
68.67 (-1.55%) 1.06
295.35(B)
Consumer Staples
Beverages
The Coca-Cola Company a beverage company manufactures and sells various nonalcoholic beverages in the United States and internationally. The company provides sparkling soft drinks and flavors; water sports coffee and tea; juice value-added dairy and plant-based beverages; and other beverages. It also offers beverage concentrates and syrups as well as fountain syrups to fountain retailers comprising restaurants and convenience stores. The company sells its products under the Coca-Cola Diet Coke/Coca-Cola Light Coca-Cola Zero Sugar caffeine free Diet Coke Cherry Coke Fanta Orange Fanta Zero Orange Fanta Zero Sugar Fanta Apple Sprite Sprite Zero Sugar Simply Orange Simply Apple Simply Grapefruit Fresca Schweppes Thums Up Aquarius Ayataka BODYARMOR Ciel Costa Crystal Dasani doğadan Fuze Tea Georgia glacéau smartwater glacéau vitaminwater Gold Peak I LOHAS Powerade Topo Chico Core Power Del Valle fairlife innocent Maaza Minute Maid Minute Maid Pulpy and Simply brands. It operates through a network of independent bottling partners distributors wholesalers and retailers as well as through bottling and distribution operators. The company was founded in 1886 and is headquartered in Atlanta Georgia.
Holdings:
Shares:
Cost basis:

The Coca-Cola Company (KO) price target and intrinsic value estimate

KO's fair price estimate is $62.9

This valuation is based on a fair P/E of 22.4 and EPS estimates of $2.81

The median analyst price target for KO is $77.0.

Analyst price targets range from $59.6 to $85.0

Is KO overvalued or undervalued?

KO is currently trading at $68.67

KO is overvalued by 9% using the pevaluation method.

KO is undervalued by 11% compared to median analyst price targets.

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Valuation

PEvaluation

Current price
$68.7
Fairly valued
Low
$47.1
Median
$62.9
High
$78.6
Fair P/E
Margin of safety

Analyst valuation

Current price
$68.7
Fairly valued
Low
$59.6
Median
$77.0
High
$85.0
Strong Buy7
Buy14
Hold4
Sell0
Strong Sell1

Discounted cash-flow

N/A
Negative FCF or FCF estimates
TTM FCFFCF est.Growth FCFTerminal FCF
Discount
rate
10%
Terminal
rate
5%
Growth p.
length
5y
Growth p.
rate
10%
Shares outstan...ROICRevenue growthDebt/FCFAssets/Liabili...
Economic moat: Very wide
None/narrowMediumWideVery wide

Overview

Market data

Market cap:$295.35(B)
Enterprise value:$328.95(B)
Total Equity:$26.37(B)
Shares outstanding:4.30(B)
Div. yield:2.83%
P/S:6.29
P/E:27.80
P/FCF:62.43
P/B:11.88
EPS:$2.5
FCF per share:$1.1
Dividend per share:$1.9

Income (TTM)

RevenueGrossNet
Revenue$47.06(B)
Gross profit$28.74(B)
EBITDA$15.38(B)
Net income$10.63(B)
Gross margin61.1%
Net margin22.6%

Balance sheet

Cash & ST inv.Other ST assetsLong term assetsCurrent liabilitiesLong term debtOther LT liabilitiesEquity
Total assets$100.55(B)
Total liabilities$74.18(B)
Cash & Short-term inv.$14.57(B)
Long-term debt$43.30(B)
Debt issued$12.06(B)
Debt repaid$-9.53(B)

Cash flow (TTM)

CFOCFICFF
FCF$4.74(B)
CapEx$-2.06(B)
Dividends paid$-8.36(B)
Stock issued$747.00(M)
Stock repurchased$-1.79(B)
Stock-based comp.$286.00(M)

Per Share Data

x1
Price: $68.7
Revenue: $10.9 (6.3x | 15.9%) Gross profit: $6.68 (10.3x | 9.7%) Earnings: $2.47 (27.8x | 3.6%)
FCF: $1.10 (62.4x | 1.6%) Stock-based Comp.: $0.07 (1032.7x | 0.1%) CapEx.: $0.48 (143.1x | 0.7%) Dividend: $1.94 (35.4x | 2.8%)
Total Assets: $23.4 (2.9x | 34.0%) Total Liabilities: $17.2 (4.0x | 25.1%) Book Value: $5.78 (11.9x | 8.4%) Cash & ST inv.: $3.39 (20.3x | 4.9%) Debt: $10.1 (6.8x | 14.7%)

Growth Estimates

Revenue

CAGR: 5.0%
FY+1FY+2FY+3FY+4FY+5
FY+1$47.93(B)
FY+2$50.33(B)
FY+3$53.11(B)
FY+4$54.85(B)
FY+5$58.29(B)

Net Income

CAGR: 5.7%
FY+1FY+2FY+3FY+4FY+5
FY+1$12.71(B)
FY+2$13.63(B)
FY+3$14.56(B)
FY+4$15.39(B)
FY+5$15.89(B)

EPS

CAGR: 6.9%
FY+1FY+2FY+3FY+4FY+5
FY+1$2.96
FY+2$3.19
FY+3$3.43
FY+4$3.66
FY+5$3.86

FCF per share

CAGR: 30.0%
FY+1FY+2FY+3FY+4
FY+1$2.02
FY+2$3.33
FY+3$3.79
FY+4$4.44

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Historical Financials

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Calculators

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Graham formula

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Dividend discount model

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