← Back to DCF

Breakdown · KO

Coca-Cola

WACC
FCF PROJECTION
SENSITIVITY
PER-YEAR CASH FLOWS
Year CF Discount factor PV Cumulative PV
1 1.74 0.8933 1.55 1.55
2 1.77 0.7979 1.41 2.97
3 1.81 0.7127 1.29 4.25
4 1.84 0.6367 1.17 5.43
5 1.88 0.5687 1.07 6.50
6 1.92 0.5080 0.97 7.47
7 1.96 0.4538 0.89 8.36
8 2.00 0.4053 0.81 9.17
9 2.04 0.3621 0.74 9.91
10 2.08 0.3234 0.67 10.58
11 2.13 0.2889 0.61 11.19
12 2.18 0.2581 0.56 11.76
13 2.24 0.2305 0.52 12.27
14 2.29 0.2059 0.47 12.74
15 2.35 0.1839 0.43 13.17
16 2.41 0.1643 0.40 13.57
17 2.47 0.1468 0.36 13.93
18 2.53 0.1311 0.33 14.26
19 2.59 0.1171 0.30 14.57
20 2.66 0.1046 0.28 14.85
REVERSE DCF

At $89.08, the market implies a stage-1 growth rate of 29.7%.

MARKET IMPLIES
29.7%
YOUR ASSUMPTION
2.0%
DELTA
+27.7pp

If $89.08 is correct and your other inputs (WACC 11.9%, 10+10y, terminal 2.5%) hold, the market needs KO to grow cash flow at 29.7% annually for the next 10 years.