- COKE is the producer and distributor of Coca-Cola, Dr Pepper and Monster brands in a specified region of the United States.
- The Q4 results showed a pre-tax income drop of 75%. But there's no reason to be alarmed as this was caused by a one-time non-cash expense.
- The stock is now trading at a free cash flow yield of in excess of 7% while the EV/EBITDA ratio is now less than 8.
- We will have to keep an eye on how the company deals with inflation in 2022, but I think COKE is a buy at these levels.
For further details see:
Coca-Cola Consolidated: The Post-Earnings Drop Is An Opportunity