Publication
Equity valuation: Coca-Cola Company
| Summary: | The Coca-Cola Company, a leader in the non-alcoholic beverage industry, has been dedicated to refreshing people and making a difference in the world. Currently, the company is traded on the New York Stock Exchange under the symbol KO. The primary goal of this equity valuation is to determine the fair price of Coca-Cola shares on the last day of 2023. Based on the comparison between the fair value and the market share price recorded on that date, an investment decision was made for the company’s shareholders. Among the various methodologies used in company valuation, the Discounted Cash Flow Valuation, from the company’s perspective, and Relative Valuation, based on financial multiples, were the selected approaches to value the company. The estimated fair value of shares in both valuation methods is higher than the market price at which they were traded on December 29, 2023 ($58.93). This scenario suggests that on that date the shares were undervalued, reflecting an opportunity for share appreciation. Therefore, on that date, investors should have bought Coca-Cola shares. |
|---|---|
| Main Authors: | Vicente, Carolina dos Santos |
| Subject: | Coca-Cola Company Equity valuation DCF Discounted Cash Flow -- Relative valuation Indústria de bebidas -- beverage industry Avaliação de empresas -- Business valuation Fluxos de caixa descontados Avaliação relativa |
| Year: | 2024 |
| Country: | Portugal |
| Document type: | master thesis |
| Access type: | open access |
| Associated institution: | ISCTE |
| Language: | English |
| Origin: | Repositório ISCTE |
| _version_ | 1868443737097502720 |
|---|---|
| author | Vicente, Carolina dos Santos |
| author_facet | Vicente, Carolina dos Santos |
| author_role | author |
| country_str | PT |
| creators_json_txt | [{\"Person.name\":\"Vicente, Carolina dos Santos\"}] |
| datacite.creators.creator.creatorName.fl_str_mv | Vicente, Carolina dos Santos |
| datacite.date.Accepted.fl_str_mv | 2024-11-22T00:00:00Z |
| datacite.date.available.fl_str_mv | 2025-03-12T14:49:03Z |
| datacite.date.embargoed.fl_str_mv | 2025-03-12T14:49:03Z |
| datacite.rights.fl_str_mv | http://purl.org/coar/access_right/c_abf2 |
| datacite.subjects.subject.fl_str_mv | Coca-Cola Company Equity valuation DCF Discounted Cash Flow -- Relative valuation Indústria de bebidas -- beverage industry Avaliação de empresas -- Business valuation Fluxos de caixa descontados Avaliação relativa |
| datacite.titles.title.fl_str_mv | Equity valuation: Coca-Cola Company |
| dc.creator.none.fl_str_mv | Vicente, Carolina dos Santos |
| dc.date.Accepted.fl_str_mv | 2024-11-22T00:00:00Z |
| dc.date.available.fl_str_mv | 2025-03-12T14:49:03Z |
| dc.date.embargoed.fl_str_mv | 2025-03-12T14:49:03Z |
| dc.description.none.fl_str_mv | A empresa Coca-Cola, líder na indústria das bebidas não alcoólicas, tem crescido com o propósito de refrescar pessoas e marcar o mundo pela diferença. Atualmente, esta empresa encontra-se cotada na bolsa de valores de Nova Iorque sob o símbolo KO. O principal objetivo desta avaliação de empresa é determinar o valor justo das ações da Coca-Cola no último dia de 2023. Com base na comparação entre o valor justo e o preço das ações do mercado registado nessa data, foi feita uma recomendação de investimento aos investidores da empresa. Entre as metodologias mais utilizadas na avaliação de empresas, foram escolhidas as abordagens dos Fluxos de Caixa Descontados, na ótica da empresa, e a Avaliação Relativa, que tem como base múltiplos financeiros. Em ambas as abordagens, o valor justo das ações é superior ao preço a que estas estavam a ser transacionadas em mercado no dia 29 de dezembro de 2023 ($58.93). Este cenário sugere que nessa data as ações estavam subvalorizadas, refletindo-se numa oportunidade de valorização das ações. Assim, nessa data, os investidores deveriam ter comprado ações da Coca-Cola. |
| dc.format.none.fl_str_mv | application/pdf |
| dc.identifier.none.fl_str_mv | http://hdl.handle.net/10071/33719 |
| dc.language.none.fl_str_mv | eng |
| dc.rights.none.fl_str_mv | http://purl.org/coar/access_right/c_abf2 |
| dc.subject.none.fl_str_mv | Coca-Cola Company Equity valuation DCF Discounted Cash Flow -- Relative valuation Indústria de bebidas -- beverage industry Avaliação de empresas -- Business valuation Fluxos de caixa descontados Avaliação relativa |
| dc.title.fl_str_mv | Equity valuation: Coca-Cola Company |
| dc.type.none.fl_str_mv | http://purl.org/coar/resource_type/c_bdcc |
| description | The Coca-Cola Company, a leader in the non-alcoholic beverage industry, has been dedicated to refreshing people and making a difference in the world. Currently, the company is traded on the New York Stock Exchange under the symbol KO. The primary goal of this equity valuation is to determine the fair price of Coca-Cola shares on the last day of 2023. Based on the comparison between the fair value and the market share price recorded on that date, an investment decision was made for the company’s shareholders. Among the various methodologies used in company valuation, the Discounted Cash Flow Valuation, from the company’s perspective, and Relative Valuation, based on financial multiples, were the selected approaches to value the company. The estimated fair value of shares in both valuation methods is higher than the market price at which they were traded on December 29, 2023 ($58.93). This scenario suggests that on that date the shares were undervalued, reflecting an opportunity for share appreciation. Therefore, on that date, investors should have bought Coca-Cola shares. |
| dirty | 0 |
| eu_rights_str_mv | openAccess |
| format | masterThesis |
| id | iscte_ceeb4dccff2b0901f2b6562021e54dc2 |
| identifier.url.fl_str_mv | http://hdl.handle.net/10071/33719 |
| instacron_str | iscte |
| institution | ISCTE |
| instname_str | ISCTE |
| language | eng |
| network_acronym_str | iscte |
| network_name_str | Repositório ISCTE |
| oai_identifier_str | oai:repositorio.iscte-iul.pt:10071/33719 |
| organization_str_mv | urn:organizationAcronym:iscte |
| person_str_mv | Vicente, Carolina dos Santos |
| publishDate | 2024 |
| reponame_str | Repositório ISCTE |
| repository_id_str | urn:repositoryAcronym:iscte |
| service_str_mv | urn:repositoryAcronym:iscte |
| spelling | porThe Coca-Cola Company, a leader in the non-alcoholic beverage industry, has been dedicated to refreshing people and making a difference in the world. Currently, the company is traded on the New York Stock Exchange under the symbol KO. The primary goal of this equity valuation is to determine the fair price of Coca-Cola shares on the last day of 2023. Based on the comparison between the fair value and the market share price recorded on that date, an investment decision was made for the company’s shareholders. Among the various methodologies used in company valuation, the Discounted Cash Flow Valuation, from the company’s perspective, and Relative Valuation, based on financial multiples, were the selected approaches to value the company. The estimated fair value of shares in both valuation methods is higher than the market price at which they were traded on December 29, 2023 ($58.93). This scenario suggests that on that date the shares were undervalued, reflecting an opportunity for share appreciation. Therefore, on that date, investors should have bought Coca-Cola shares.porA empresa Coca-Cola, líder na indústria das bebidas não alcoólicas, tem crescido com o propósito de refrescar pessoas e marcar o mundo pela diferença. Atualmente, esta empresa encontra-se cotada na bolsa de valores de Nova Iorque sob o símbolo KO. O principal objetivo desta avaliação de empresa é determinar o valor justo das ações da Coca-Cola no último dia de 2023. Com base na comparação entre o valor justo e o preço das ações do mercado registado nessa data, foi feita uma recomendação de investimento aos investidores da empresa. Entre as metodologias mais utilizadas na avaliação de empresas, foram escolhidas as abordagens dos Fluxos de Caixa Descontados, na ótica da empresa, e a Avaliação Relativa, que tem como base múltiplos financeiros. Em ambas as abordagens, o valor justo das ações é superior ao preço a que estas estavam a ser transacionadas em mercado no dia 29 de dezembro de 2023 ($58.93). Este cenário sugere que nessa data as ações estavam subvalorizadas, refletindo-se numa oportunidade de valorização das ações. Assim, nessa data, os investidores deveriam ter comprado ações da Coca-Cola.application/pdfengporEquity valuation: Coca-Cola CompanyVicente, Carolina dos SantosHandlehttp://hdl.handle.net/10071/33719DOIurn:tid:203768825URNTID:2037688252025-03-12T14:49:03Z2024-11-22T00:00:00Z2024-11-222024-09http://purl.org/coar/access_right/c_abf2open accessporCoca-Cola CompanyporEquity valuationporDCF Discounted Cash Flow --porRelative valuationporIndústria de bebidas -- beverage industryporAvaliação de empresas -- Business valuationporFluxos de caixa descontadosporAvaliação relativa1393739 byteshttp://purl.org/coar/access_right/c_abf2application/pdffulltexthttps://repositorio.iscte-iul.pt/bitstreams/eecb3978-2326-465b-bb5a-cf4ed04ed4cb/downloadother research producthttp://purl.org/coar/resource_type/c_bdccmaster thesis |
| spellingShingle | Equity valuation: Coca-Cola Company Vicente, Carolina dos Santos Coca-Cola Company Equity valuation DCF Discounted Cash Flow -- Relative valuation Indústria de bebidas -- beverage industry Avaliação de empresas -- Business valuation Fluxos de caixa descontados Avaliação relativa |
| status | SINGLETON |
| subject.fl_str_mv | Coca-Cola Company Equity valuation DCF Discounted Cash Flow -- Relative valuation Indústria de bebidas -- beverage industry Avaliação de empresas -- Business valuation Fluxos de caixa descontados Avaliação relativa |
| title | Equity valuation: Coca-Cola Company |
| title_full | Equity valuation: Coca-Cola Company |
| title_fullStr | Equity valuation: Coca-Cola Company |
| title_full_unstemmed | Equity valuation: Coca-Cola Company |
| title_short | Equity valuation: Coca-Cola Company |
| title_sort | Equity valuation: Coca-Cola Company |
| topic | Coca-Cola Company Equity valuation DCF Discounted Cash Flow -- Relative valuation Indústria de bebidas -- beverage industry Avaliação de empresas -- Business valuation Fluxos de caixa descontados Avaliação relativa |
| topic_facet | Coca-Cola Company Equity valuation DCF Discounted Cash Flow -- Relative valuation Indústria de bebidas -- beverage industry Avaliação de empresas -- Business valuation Fluxos de caixa descontados Avaliação relativa |
| url | http://hdl.handle.net/10071/33719 |
| visible | 1 |