Tuesday, March 20, 2012
Coca-Cola Co: $KO Cash Flow Valuation Update
Current Price: ~ $71/share
Projected Yield: ~ 2.90%
Coca-Cola is the world's largest nonalcoholic beverage company. The firm, which sells a variety of sparkling and still beverages, generates 70% of its revenue and about 80% of its operating profit from outside of the United States. Coke's core brands include: Coca-Cola, Sprite, Dasani, Powerade, and Minute Maid. Following the asset swap with CCE, Coke now owns around 80% of its distribution in North America.