Coca-cola Company Stock Fair Value Calculator – COCA-COLA Reports Record-Breaking Second Quarter Earnings for FY 2023
August 3, 2023
🌥️Earnings Overview
On July 26th 2023, the COCA-COLA COMPANY ($NYSE:KO) reported their financial results for the second quarter of the fiscal year 2023, which ended on June 30th 2023. Their total revenue for the quarter was USD 12.0 billion, representing a 5.7% increase from the same period in the previous year. The net income for the quarter was USD 2.6 billion, a 34.2% rise from the same quarter of the prior year.
Share Price
On Wednesday, COCA-COLA COMPANY reported record-breaking second quarter earnings for FY 2023. The company’s stock opened at $61.9 and closed at an all-time high of $63.0, which was a 1.3% increase from the prior closing price of $62.2. The company attributed this success to its broad portfolio of products and their focus on innovation. Additionally, the company noted that their ongoing cost optimization efforts have helped them to achieve significant savings, which have contributed to their record-breaking performance. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Coca-cola Company. More…
| Total Revenues | Net Income | Net Margin |
| 44.14k | 10.51k | 24.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Coca-cola Company. More…
| Operations | Investing | Financing |
| 11.1k | -384 | -7.3k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Coca-cola Company. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 98.46k | 70.9k | 6.02 |
Key Ratios Snapshot
Some of the financial key ratios for Coca-cola Company are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 8.7% | 6.5% | 32.0% |
| FCF Margin | ROE | ROA |
| 21.5% | 34.5% | 9.0% |
Analysis – Coca-cola Company Stock Fair Value Calculator
As GoodWhale, we have conducted an in-depth analysis of COCA-COLA COMPANY‘s wellbeing and have come to the conclusion that its fair value is around $64.8, calculated by our proprietary Valuation Line. At the current rate, COCA-COLA COMPANY stock is being traded at $63.0, a fair price, yet still undervalued by a mere 2.8%. This discrepancy provides investors with a great opportunity to purchase stock at an undervalued rate, with potential for significant returns in the near future. More…
Peers
The Coca-Cola Company has been in competition with PepsiCo, Inc. since the late 1800s. The two companies have been fighting for market share ever since. More recently, Keurig Dr Pepper Inc. and Monster Beverage Corp have become major competitors in the beverage industry.
– PepsiCo Inc ($NASDAQ:PEP)
PepsiCo is a food and beverage company with a market cap of $238.84 billion as of 2022. The company has a return on equity of 45.25%. PepsiCo operates in more than 200 countries and employs more than 300,000 people. The company’s products include Pepsi-Cola, Lay’s potato chips, Tropicana orange juice, and Quaker oats. PepsiCo was founded in 1898 and is headquartered in Purchase, New York.
– Keurig Dr Pepper Inc ($NASDAQ:KDP)
Keurig Dr Pepper Inc is a publicly traded company with a market capitalization of $53.5 billion as of May 2022. The company has a return on equity of 10.39%. Keurig Dr Pepper Inc is a leading beverage company that manufactures and markets coffee, tea, and other beverage products. The company operates in North America, Europe, and Asia Pacific. Keurig Dr Pepper Inc is headquartered in Burlington, Massachusetts.
– Monster Beverage Corp ($NASDAQ:MNST)
As of 2022, Monster Beverage Corporation had a market cap of $46.49 billion and a return on equity of 18.04%. The company produces and sells energy drinks, soda, and juice products under the Monster, NOS, and Full Throttle brands. It also has a minority stake in Reign Beverage Company. The company was founded in 1987 and is headquartered in Corona, California.
Summary
Investors are encouraged by the COCA-COLA COMPANY‘s second quarter earnings results ending June 30th 2023. Total revenue increased by 5.7% compared to the same quarter of the prior year, while net income rose by 34.2%. This positive financial performance shows a solid growth in the company’s operations and suggests that shareholders’ investments are being rewarded. Looking ahead, investors should expect continued strong returns as COCA-COLA COMPANY continues to increase market share and capitalize on opportunities in the market.
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