Coca Cola Co (KO)

Beverages

Latest Price

$86.08

TTM P/E

Normalized P/E

33.35

Div Yield

1.80%

Book Value

7.82

P/B Ratio

11.01

Valuation metrics

EPS: $3.04

Book value / share: $7.46

Formula: √(22.5 × EPS × BVPS)

Graham Number

$22.59

74% downside

Norm. op. income: $10.3B (median of 7yr)

Tax rate: 18%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$12.18

86% downside

Base FCF: $9.5B (median of recent 5yr)

Growth: 3%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$24.20

72% downside

EPS: $3.04

Target P/E: 33×

Formula: EPS × P/E

P/E Fair Value

$100.32

+17% upside

76.2% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
Berkshire Hathaway Inc	400.00M	$32.51B	9.30%	--	2026-06-30
BlackRock, Inc.	322.74M	$26.23B	7.50%	-10.86M	2026-06-30
Vanguard Capital Management LLC	238.80M	$19.41B	5.55%	+1.35M	2026-06-30
State Street Corp	167.40M	$13.69B	3.89%	+177.0K	2026-06-30
FMR LLC	109.16M	$8.87B	2.54%	+1.58M	2026-06-30
Geode Capital Management, LLC	105.98M	$8.60B	2.46%	+13.02M	2026-06-30
Vanguard Portfolio Management LLC	99.61M	$8.10B	2.32%	-336.0K	2026-06-30
Morgan Stanley	89.82M	$7.30B	2.09%	-2.07M	2026-06-30
Sixth Street Partners Management Company, L.P.	80.82M	$6.57B	1.88%	--	2026-06-30
Charles Schwab Investment Management Inc	80.82M	$6.57B	1.88%	+4.48M	2026-06-30