Market Cap
US$228.7b
Last Updated
2019/10/16 23:33 UTC
Data Sources
Company Financials +
Executive Summary
The Coca-Cola Company, a beverage company, manufactures and distributes various nonalcoholic beverages worldwide.
Snowflake
Fundamentals
Proven track record second-rate dividend payer.
Similar Companies
Share Price & News
How has Coca-Cola's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-0.6%
KO
-0.2%
US Beverage
2.3%
US Market
1 Year Return
16.6%
KO
15.3%
US Beverage
5.6%
US Market
Return vs Industry: KO exceeded the US Beverage industry which returned 15.3% over the past year.
Return vs Market: KO exceeded the US Market which returned 5.6% over the past year.
Shareholder returns
| KO | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.6% | -0.2% | 2.3% |
| 30 Day | -0.9% | -0.5% | -1.0% |
| 90 Day | 2.8% | 1.6% | -0.7% |
| 1 Year | 20.4%16.6% | 18.3%15.3% | 7.9%5.6% |
| 3 Year | 40.5%27.2% | 32.7%22.5% | 45.6%36.3% |
| 5 Year | 54.9%31.7% | 58.7%38.6% | 65.8%47.6% |
Price Volatility Vs. Market
How volatile is Coca-Cola's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall St
Boasting A 36% Return On Equity, Is The Coca-Cola Company (NYSE:KO) A Top Quality Stock?2 weeks ago | Simply Wall St
Is Coca-Cola (NYSE:KO) Using Too Much Debt?3 weeks ago | Simply Wall St
Coca-Cola (NYSE:KO) Shareholders Have Enjoyed A 28% Share Price GainValuation
Is Coca-Cola undervalued compared to its fair value and its price relative to the market?
31.3x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Undervalued: KO ($53.49) is trading above our estimate of fair value ($50.15)
Significantly Undervalued: KO is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: KO is good value based on its PE Ratio (31.3x) compared to the Beverage industry average (31.3x).
PE vs Market: KO is poor value based on its PE Ratio (31.3x) compared to the US market (17.7x).
Price to Earnings Growth Ratio
Low PEG Ratio: KO is poor value based on its PEG Ratio (2.9x)
Price to Book Ratio
PB vs Industry: KO is overvalued based on its PB Ratio (12.6x) compared to the US Beverage industry average (5x).
Next Steps
Future Growth
How is Coca-Cola forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?
10.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KO's forecast earnings growth (10.6% per year) is above the savings rate (2.7%).
Earnings vs Market: KO's earnings (10.6% per year) are forecast to grow slower than the US market (14.5% per year).
High Growth Earnings: KO's earnings are forecast to grow, but not significantly.
Revenue vs Market: KO's revenue (5.1% per year) is forecast to grow slower than the US market (7.3% per year).
High Growth Revenue: KO's revenue (5.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: KO's Return on Equity is forecast to be very high in 3 years time (53.2%).
Next Steps
Past Performance
How has Coca-Cola performed over the past 5 years?
-13.2%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: KO's earnings have declined by -13.2% per year over the past 5 years.
Accelerating Growth: KO's earnings growth over the past year (221.3%) exceeds its 5-year average (-13.2% per year).
Earnings vs Industry: KO earnings growth over the past year (221.3%) exceeded the Beverage industry -1.9%.
Return on Equity
High ROE: Whilst KO's Return on Equity (36.1%) is high, this metric is skewed due to their high level of debt.
Return on Assets
ROA vs Industry: KO has a higher Return on Assets than the Beverage industry average last year.
Return on Capital Employed
ROCE Improving: KO has improved its Return on Capital Employed over the past 3 years.
Next Steps
Financial Health
How is Coca-Cola's financial position?
Financial Position Analysis
Short Term Liabilities: KO's short term assets ($24.4B) do not cover its short term liabilities ($29.4B)
Long Term Liabilities: KO's short term assets (24.4B) do not cover its long term liabilities (40.3B)
Debt to Equity History and Analysis
Debt Level: KO's debt to equity ratio (222.2%) is considered high
Reducing Debt: KO's debt to equity ratio has increased from 117.5% to 222.2% over the past 5 years.
Debt Coverage: KO's debt is well covered by operating cash flow (20.9%).
Interest Coverage: KO's interest payments on its debt are well covered by EBIT (31.5x coverage).
Balance Sheet
Inventory Level: KO has a low level of unsold assets or inventory.
Debt Coverage by Assets: KO's debt is not covered by short term assets (assets are 0.5x debt).
Next Steps
Dividend
What is Coca-Cola's current dividend yield, its reliability and sustainability?
2.99%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: KO's dividend (2.99%) is higher than the bottom 25% of dividend payers in the US market (1.46%).
High Dividend: KO's dividend (2.99%) is low compared to the top 25% of dividend payers in the US market (3.76%).
Stable Dividend: KO's dividend payments have been volatile in the past 10 years.
Growing Dividend: KO's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (92.5%), KO's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: KO's dividends in 3 years are forecast to be covered by earnings (74.5% payout ratio).
Next Steps
Management
What is the CEO of Coca-Cola's salary, the management and board of directors tenure and is there insider trading?
2.4yrs
Average management tenure
CEO
James Robert Quincey (54yo)
2.4yrs
Tenure
US$16,701,328
Compensation
Mr. James Robert B. Quincey has been Chief Executive Officer of The Coca-Cola Company since May 1, 2017 and its Chairman of the Board since April 24, 2019. Mr. Quincey served as President until January 1, ...
CEO Compensation Analysis
Compensation vs. Market: James Robert has recently become CEO, making it difficult to compare their total compensation against companies of similar size in the US market.
Compensation vs Earnings: James Robert's compensation has increased by more than 20% in the past year.
Management Age and Tenure
2.4yrs
Average Tenure
54yo
Average Age
Experienced Management: KO's management team is considered experienced (2.4 years average tenure).
Board Age and Tenure
12.0yrs
Average Tenure
70yo
Average Age
Experienced Board: KO's board of directors are seasoned and experienced ( 12 years average tenure).
Insider Trading
Insider Buying: KO insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Head of Human Resources Chief People Officer & Senior VP |
| Shares | 500 |
| Max Price | US$53.24 |
| Entity | Individual |
| Shares | 23,320 |
| Max Price | US$47.95 |
Ownership Breakdown
Management Team
Brian Smith (64yo)
President & COO
- Tenure: 0.8yrs
- Compensation: US$5.00m
John Murphy (57yo)
Executive VP & CFO
- Tenure: 0.6yrs
- Compensation: US$5.93m
James Robert Quincey (54yo)
Chairman & CEO
- Tenure: 2.4yrs
- Compensation: US$16.70m
Francisco Xavier Benítez (54yo)
Senior VP & Chief Growth Officer
- Tenure: 2.4yrs
Beatriz Perez (49yo)
Senior VP and Chief Communications
- Tenure: 2.4yrs
Bernhard Goepelt (56yo)
Senior VP
- Tenure: 7.8yrs
Barry Simpson (59yo)
Senior VP
- Tenure: 3yrs
Mark Randazza (53yo)
VP, Assistant Controller & Chief Accounting Officer
- Tenure: 0yrs
Tim Leveridge (49yo)
VP & Investor Relations Officer
- Tenure: 0yrs
Lisa Chang
Chief People Officer & Senior VP
- Tenure: 0.6yrs
Board Members
Barry Diller (77yo)
Independent Director
- Tenure: 17.8yrs
- Compensation: US$271.05k
Ron Allen (77yo)
Independent Director
- Tenure: 28.8yrs
- Compensation: US$272.74k
Mel Lagomasino (70yo)
Lead Independent Director
- Tenure: 0.5yrs
- Compensation: US$277.65k
John Brock (70yo)
Chairman of Coca-Cola Enterprises Inc
- Tenure: 11.5yrs
Alexis Herman (71yo)
Independent Director
- Tenure: 12yrs
- Compensation: US$292.59k
Herb Allen (79yo)
Director
- Tenure: 37.8yrs
- Compensation: US$270.01k
Steve Chan (62yo)
Chairman of Coca-Cola China Limited
- Tenure: 19.2yrs
Helene Gayle (63yo)
Independent Director
- Tenure: 6.5yrs
- Compensation: US$250.11k
James Robert Quincey (54yo)
Chairman & CEO
- Tenure: 2.4yrs
- Compensation: US$16.70m
Zahi Khouri
Chairman of Palestinian National Beverage Company & CEO of Palestinian National Beverage Company
- Tenure: 0yrs
Company Information
The Coca-Cola Company's company bio, employee growth, exchange listings and data sources
Key Information
- Name: The Coca-Cola Company
- Ticker: KO
- Exchange: NYSE
- Founded: 1886
- Industry: Soft Drinks
- Sector: Food, Beverage & Tobacco
- Market Cap: US$228.725b
- Shares outstanding: 4.28b
- Website: https://www.coca-colacompany.com
Number of Employees
Location
- The Coca-Cola Company
- One Coca-Cola Plaza
- Atlanta
- Georgia
- 30313
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| KO * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Jan 1968 |
| KO | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jan 1968 |
| KO | SWX (SIX Swiss Exchange) | Yes | Common Stock | CH | CHF | Jan 1968 |
| KO | WBAG (Wiener Boerse AG) | Yes | Common Stock | AT | EUR | Jan 1968 |
| CCC3 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1968 |
| KO | BVL (Bolsa de Valores de Lima) | Yes | Common Stock | PE | USD | Jan 1968 |
| CCC3 | XTRA (XETRA Trading Platform) | Yes | Common Stock | DE | EUR | Jan 1968 |
| KO | SNSE (Santiago Stock Exchange) | Yes | Common Stock | CL | USD | Jan 1968 |
| US_KO__ | KAS (Kazakhstan Stock Exchange) | Yes | Common Stock | KZ | KZT | Jan 1968 |
| KO | BASE (Buenos Aires Stock Exchange) | CEDEARS EACH 5 REP 1 COM USD0.25 | AR | ARS | Feb 2000 | |
| COCA34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH REPR 1 COM USD0.25 | BR | BRL | Jul 2011 |
Biography
The Coca-Cola Company, a beverage company, manufactures and distributes various nonalcoholic beverages worldwide. The company provides sparkling soft drinks; water, enhanced water, and sports drinks; juice ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/16 23:33 |
| End of Day Share Price | 2019/10/16 00:00 |
| Earnings | 2019/06/28 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.