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NYQ · Valuation Lab
KO
Coca-Cola Company (The)
Last$86.83
Market cap373.6B
EV/EBITDA23.8x
Intrinsic value
$37.90
MoS -129.1% · Overvalued
Assuming 10.4% FCF margin and 6.7% Y1–5 growth.
Upside to price
EV (DCF)191B
Terminal share73%
Expected IV$37.92
Probability weights
Projected free cash flows
Stage FCF path with present values · terminal 73% of EV
PV of stage FCFs51.6B
PV of terminal value139.4B
Enterprise value191B
Net cash / (debt)-27.9B
Equity value163.1B
Intrinsic value / share$37.90
| Year | Revenue | FCF | PV | DF |
|---|---|---|---|---|
| Y1 | 53.5B | 5.6B | 5.2B | 94.3% |
| Y2 | 57.1B | 5.9B | 5.3B | 89.0% |
| Y3 | 60.9B | 6.3B | 5.3B | 84.0% |
| Y4 | 65B | 6.8B | 5.4B | 79.2% |
| Y5 | 69.3B | 7.2B | 5.4B | 74.7% |
| Y6 | 71.7B | 7.5B | 5.3B | 70.5% |
| Y7 | 74.1B | 7.7B | 5.1B | 66.5% |
| Y8 | 76.6B | 8B | 5B | 62.7% |
| Y9 | 79.2B | 8.2B | 4.9B | 59.2% |
| Y10 | 81.9B | 8.5B | 4.8B | 55.8% |
| Terminal | — | — | 139.4B | — |
Educational DCF model only — not financial advice. Terminal value and assumptions dominate results; verify filings and run your own diligence.