` Comparison: KO vs KDP - Alpha Spread

KO
vs
KDP

Over the past 12 months, KO has significantly outperformed KDP, delivering a return of +10% compared to the KDP's 24% drop.

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KO
KDP
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Valuation Comparison

KO Intrinsic Value
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KDP Intrinsic Value
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Company Last Price Intrinsic Value DCF Value Multiples-Based Value Wall St Target
Coca-Cola Co
NYSE:KO
78.12 USD
Keurig Dr Pepper Inc
NASDAQ:KDP
26.43 USD
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
KO, KDP

Revenue
www.alphaspread.com
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Company LTM Historical Growth Growth Streak % Positive Years Max Drawdown Volatility Forecasted Growth
3 Years 5 Years 10 Years 1 Year 3 Years
Coca-Cola Co
Revenue
Keurig Dr Pepper Inc
Revenue

All metrics are calculated based on data from the last 10 years.

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Profitability Comparison

Free Cash Flow
KO, KDP

Free Cash Flow
www.alphaspread.com
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Company LTM Average Historical Growth FCF Margin Conversion
3 Years 5 Years 3 Years 5 Years 10 Years
Coca-Cola Co
NYSE:KO
Keurig Dr Pepper Inc
NASDAQ:KDP
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What is Free Cash Flow?

Gross Margin

KO
61.6%
KDP
54.2%
LTM 3Y Avg 5Y Avg 10Y Avg
Coca-Cola Co
Keurig Dr Pepper Inc

Operating Margin

KO
31%
KDP
22.4%
LTM 3Y Avg 5Y Avg 10Y Avg
Coca-Cola Co
Keurig Dr Pepper Inc

Net Margin

KO
27.3%
KDP
12.5%
LTM 3Y Avg 5Y Avg 10Y Avg
Coca-Cola Co
Keurig Dr Pepper Inc

FCF Margin

KO
11%
KDP
9%
LTM 3Y Avg 5Y Avg 10Y Avg
Coca-Cola Co
Keurig Dr Pepper Inc

ROE

KO
46%
KDP
8.4%
LTM 3Y Avg 5Y Avg 10Y Avg
Coca-Cola Co
Keurig Dr Pepper Inc

ROA

KO
12.8%
KDP
3.8%
LTM 3Y Avg 5Y Avg 10Y Avg
Coca-Cola Co
Keurig Dr Pepper Inc

ROIC

KO
16.4%
KDP
5.7%
LTM 3Y Avg 5Y Avg 10Y Avg
Coca-Cola Co
Keurig Dr Pepper Inc

ROCE

KO
18.7%
KDP
8%
LTM 3Y Avg 5Y Avg 10Y Avg
Coca-Cola Co
Keurig Dr Pepper Inc

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
KO, KDP

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Performance Gap
KO, KDP

Performance Gap Between KO and KDP
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Performance By Year
KO, KDP

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Compare KO to other stocks
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Nestle SA
Cheaper
vs KO
PEP
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Cheaper
vs KO
FMX
Fomento Economico Mexicano SAB...
More expensive
vs KO
MNST
Monster Beverage Corp
More expensive
vs KO
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Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett