Coca-Cola Co. (KO)

Coca-Cola Co., EBITDA calculation

USD $ in millions

Based on: 10-K (filing date: 2018-02-23), 10-K (filing date: 2017-02-24), 10-K (filing date: 2016-02-25), 10-K (filing date: 2015-02-25), 10-K (filing date: 2014-02-27).

Item	Description	The company
EBITDA	To calculate EBITDA analysts start with net earnings. To that earnings number, interest, taxes, depreciation, and amortization are added. EBITDA as a pre-interest number is a flow to all providers of capital.	Coca-Cola Co.’s EBITDA declined from 2015 to 2016 and from 2016 to 2017.

Coca-Cola Co., current EV/EBITDA calculation, comparison to benchmarks

Based on: 10-K (filing date: 2018-02-23).

If company EV/EBITDA is lower then the EV/EBITDA of benchmark then company is relatively undervalued.

Otherwise, if company EV/EBITDA is higher then the EV/EBITDA of benchmark then company is relatively overvalued.

Coca-Cola Co., historical EV/EBITDA calculation, comparison to benchmarks

Based on: 10-K (filing date: 2018-02-23), 10-K (filing date: 2017-02-24), 10-K (filing date: 2016-02-25), 10-K (filing date: 2015-02-25), 10-K (filing date: 2014-02-27).

2017 Calculations

Ratio	Description	The company
EV/EBITDA	EV/EBITDA is a valuation indicator for the overall company rather than common stock.	Coca-Cola Co.’s EV/EBITDA ratio increased from 2015 to 2016 and from 2016 to 2017.