How to buy Coca-Cola (KO) shares in Australia

Learn how to easily invest in Coca-Cola shares.

The Coca-Cola Company is a multinational beverage company that is best known for its Coca-Cola carbonated beverage. Coca Cola also has a wide variety of other beverage lines, such as Minute Maid, Zico Coconut Water, Honest Tea and the Mexican sparkling water brand Topo Chico. Founded in 1892 by pharmacist John Stith Pemberton, Coca-Cola is now one of the world's largest companies.

How to buy shares in Coca-Cola

  1. Compare share trading platforms. To buy shares in a company listed in the US from Australia you'll need to find a trading platform that offers access to US stock markets. Look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, which will typically include your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Coca-Cola. Find the share by name or ticker symbol: KO. Research its history to confirm it's a solid investment that matches your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Coca-Cola reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying using consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of US$62.45, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Coca-Cola, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Coca-Cola. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights.

Have Coca-Cola's shares ever split?

Coca-Cola's shares were split on a 2:1 basis on 12 August 2012. So if you had owned 1 share the day before the split, the next day you would own 2 shares. This wouldn't directly have changed the overall worth of your Coca-Cola shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Coca-Cola shares which in turn could have impacted Coca-Cola's share price.

Coca-Cola shares at a glance

Information last updated 2024-12-18.
52-week range US$56.3005 - US$72.4796
50-day moving average US$65.2564
200-day moving average US$64.9153
Target price US$73.7596
PE ratio 26.0788
Dividend yield US$1.915 (3.06%)
Earnings per share (TTM) US$2.41

Coca-Cola share growth calculator

US$

Use the fields above to explore the returns from a historical investment. Please refer to the charts further up this page to see performance over 5 years, or other periods. Past performance doesn't indicate future results. Capital is at risk.

Coca-Cola price performance over time

Historical closes compared with the last close of $62.45

1 week (2024-12-13) -1.06%
1 month (2024-11-20) -0.86%
3 months (2024-09-20) -12.83%
6 months (2024-06-20) 0.43%
1 year (2023-12-20) 8.40%
2 years (2022-12-20) -0.54%
3 years (2021-12-20) 8.53%
5 years (2019-12-20) 13.61%

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Coca-Cola stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Is Coca-Cola under- or over-valued?

Valuing Coca-Cola stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Coca-Cola's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Coca-Cola's P/E ratio

Coca-Cola's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 26x. In other words, Coca-Cola shares trade at around 26x recent earnings.

That's comparable to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29).

Coca-Cola's PEG ratio

Coca-Cola's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.6733. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Coca-Cola's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Coca-Cola's EBITDA

Coca-Cola's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$14.8 billion (£11.7 billion).

The EBITDA is a measure of a Coca-Cola's overall financial performance and is widely used to measure stock profitability.

Coca-Cola share price volatility

Over the last 12 months, Coca-Cola's shares have ranged in value from as little as US$56.3005 up to US$72.4796. A popular way to gauge a stock's volatility is its "beta".

KO.US volatility(beta: 0.62)Avg. volatility(beta: 1.00)LowHigh

Beta measures a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Coca-Cola's is 0.62. This would suggest that Coca-Cola's shares are less volatile than average (for this exchange).

Coca-Cola financials

Revenue TTM US$46.4 billion
Operating margin TTM 30.24%
Gross profit TTM US$25 billion
Return on assets TTM 8.44%
Return on equity TTM 37.23%
Profit margin 22.45%
Book value 6.153
Market capitalisation US$270.7 billion
EBITDA US$14.8 billion

TTM: trailing 12 months

Coca-Cola share dividends

69%

Dividend payout ratio: 68.79% of net profits

Recently Coca-Cola has paid out, on average, around 68.79% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.06% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Coca-Cola shareholders could enjoy a 3.06% return on their shares, in the form of dividend payments. In Coca-Cola's case, that would currently equate to about $1.915 per share.

Coca-Cola's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Coca-Cola's most recent dividend payout was on 15 December 2024. The latest dividend was paid out to all shareholders who bought their shares by 28 November 2024 (the "ex-dividend date").

Coca-Cola's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Coca-Cola.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Coca-Cola's total ESG risk score

Total ESG risk: 21.08

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Coca-Cola's overall score of 21.08 (as at 12/31/2018) is pretty good – landing it in it in the 37th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Coca-Cola is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Coca-Cola's environmental score

Environmental score: 8.2/100

Coca-Cola's social score

Social score: 10.31/100

Coca-Cola's governance score

Governance score: 1.57/100

Coca-Cola's controversy score

Controversy score: 3/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Coca-Cola scored a 3 out of 5 for controversy – a middle-of-the-table result reflecting that Coca-Cola hasn't always managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

The Coca-Cola Company was last rated for ESG on: 2019-01-01.

Total ESG score 21.08
Total ESG percentile 37.48
Environmental score 8.2
Social score 10.31
Governance score 1.57
Level of controversy 3

Coca-Cola overview

The Coca-Cola Company, a beverage company, manufactures, markets, and sells various nonalcoholic beverages worldwide. The company provides sparkling soft drinks, sparkling flavors; water, sports, coffee, and tea; juice, value-added dairy, and plant-based beverages; and other beverages. It also offers beverage concentrates and syrups, as well as fountain syrups to fountain retailers, such as restaurants and convenience stores. The company sells its products under the Coca-Cola, Diet Coke/Coca-Cola Light, Coca-Cola Zero Sugar, caffeine free Diet Coke, Cherry Coke, Fanta Orange, Fanta Zero Orange, Fanta Zero Sugar, Fanta Apple, Sprite, Sprite Zero Sugar, Simply Orange, Simply Apple, Simply Grapefruit, Fresca, Schweppes, Thums Up, Aquarius, Ayataka, BODYARMOR, Ciel, Costa, Dasani, dogadan, FUZE TEA, Georgia, glacéau smartwater, glacéau vitaminwater, Gold Peak, Ice Dew, I LOHAS, Powerade, Topo Chico, AdeS, Del Valle, fairlife, innocent, Minute Maid, and Minute Maid Pulpy brands. It operates through a network of independent bottling partners, distributors, wholesalers, and retailers, as well as through bottling and distribution operators. The company was founded in 1886 and is headquartered in Atlanta, Georgia.

Coca-Cola in the news

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