Intrinsic value of Coca-Cola Bottling Co. Consolidated (COKE)

[per Chepakovich valuation model]

other valuations of COKE

[per Chepakovich valuation model]  See other valuations of COKE stock

Previous Close$392.82
Intrinsic Value
Upside potential
Previous Close
$392.82

VALUATION INPUT DATA

Revenue, mln $
Initial revenue growth rate (norm.), %
Variable cost ratio, %
Fixed operating expenses, mln $
Production assets / Revenue, %
Working capital / Revenue, %
Interest rate on debt, %
Life of production assets, yrs
Initial discount rate, %
Shares outstanding, mln
Adjusted equity ratio
Adjusted assets / Revenue
Based on fiscal year data as of 2020-12-31 and quarterly data as of 2021-03-31.
NOTE: The bar chart shows historic and forecasted yearly revenue growth rates. Its purpose is to help you in determining what initial revenue rate you want to base your stock valuation on. Please make sure that you are confident in the value you select - for most stocks it is by far the most important parameter in valuation.
  1. Annual
  2. Quarterly YoY
  3. Quarterly QoQ

Annual revenue growth rates, % (past and forecasted)

show cash flow forecast

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year2020(a)2021202220232024202520262027202820292030203120322033203420352036203720382039204020412042204320442045

INCOME STATEMENT

Revenue growth rate, %3.7NaN
Revenue, $5007NaN
Variable operating expenses, $mNaN
Fixed operating expenses, $mNaN
Total operating expenses, $m4694NaN
Operating income, $m313NaN
EBITDA, $m492NaN
Interest expense (income), $mNaN
Earnings before tax, $m231NaN
Tax expense, $m59NaN
Net income, $m172NaN

BALANCE SHEET

Cash and short-term investments, $m55NaN
Total assets, $m3483NaN
Adjusted assets (=assets-cash), $m3428NaN
Average production assets, $m2222NaN
Working capital, $m204NaN
Total debt, $m1156NaN
Total liabilities, $m2970NaN
Total equity, $m513NaN
Debt-to-equity ratio2.253NaN
Adjusted equity ratio0.141NaN

CASH FLOW

Net income, $m172NaN
Depreciation, amort., depletion, $m179NaN
Funds from operations, $mNaN
Change in working capital, $mNaN
Cash from operations, $m494NaN
Maintenance CAPEX, $mNaN
New CAPEX, $mNaN
Total CAPEX, $m-199NaN
Free cash flow, $m693NaN
Issuance/(repurchase) of shares, $mNaN
Retained Cash Flow, $mNaN
Pot'l extraordinary dividend, $m204
Cash available for distribution, $mNaN
Discount rate, %NaN
PV of cash for distribution, $mNaN
Current shareholders' claim on cash, %NaN