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

Learn how to easily invest in Coca-Cola shares.

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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 US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, 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, like 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 against 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 at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of US$60.9, 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 on directors and management that can affect your stock.

Coca-Cola stock price (NYSE:KO)

Use our graph to track the performance of KO stocks over time.

Coca-Cola shares at a glance

Information last updated 2022-01-14.
52-week rangeUS$46.6396 - US$61.45
50-day moving average US$57.086
200-day moving average US$55.5123
Target priceUS$63.12
PE ratio 30.2265
Dividend yield US$1.67 (2.76%)
Earnings per share (TTM) US$2.031

Where to buy Coca-Cola stock

Name Product Standard brokerage for US shares Currency conversion fee Markets
eToro (global stocks)
US$0
50 pips (US$0.50 for every AU$100 exchanged)
Global shares, US shares, ETFs
Zero brokerage share trading on US, Hong Kong and European stocks with trades as low as $50.
Note: This broker offers CFDs which are volatile investment products and most clients lose money trading CFDs with this provider.
Join the world’s biggest social trading network when you trade stocks, commodities and currencies from the one account.
IG Share Trading
US$0
0.70%
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Superhero share trading
US$0
50 pips (US$0.50 for every AU$100 exchanged)
ASX shares, US shares, ETFs
Earn up to 15,000 Qantas frequent flyer points when you transfer an exisiting balance or trade. Offer valid for all new and existing Superhero members until 28 February.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
Saxo Capital Markets (Classic account)
US$4
1%
ASX shares, Global shares, ETFs
Access 19,000+ stocks on 40+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
SelfWealth (Basic account)
US$9.5
0.60%
ASX shares, US shares
Trade ASX and US shares for a flat fee of $9.50, regardless of the trade size.
New customers receive free access to Community Insights with SelfWealth Premium for the first 90 days. Follow other investors and benchmark your portfolio performance.
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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. This is not a recommendation, however. 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.

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 $61.39

1 week (2022-01-06) 1.52%
1 month (2021-12-16) 4.67%
3 months (2021-10-15) 12.68%
6 months (2021-07-16) 8.85%
1 year (2021-01-15) 26.06%
2 years (2020-01-16) 8.04%
3 years (2019-01-16) 30.84%
5 years (2017-01-13) 50.17%

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 30x. In other words, Coca-Cola shares trade at around 30x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

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 2.5008. 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$13.3 billion (£9.7 billion).

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

Coca-Cola financials

Revenue TTM US$37.8 billion
Operating margin TTM 31.12%
Gross profit TTM US$19.6 billion
Return on assets TTM 7.83%
Return on equity TTM 39.72%
Profit margin 23.31%
Book value 5.135
Market capitalisation US$265.2 billion

TTM: trailing 12 months

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 share dividends

71%

Dividend payout ratio: 71.49% of net profits

Recently Coca-Cola has paid out, on average, around 71.49% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.76% 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 2.76% return on their shares, in the form of dividend payments. In Coca-Cola's case, that would currently equate to about $1.67 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 14 December 2021. The latest dividend was paid out to all shareholders who bought their shares by 29 November 2021 (the "ex-dividend date").

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 before the split, the next day you'd have owned 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 share price volatility

Over the last 12 months, Coca-Cola's shares have ranged in value from as little as US$46.6396 up to US$61.45. A popular way to gauge a stock's volatility is its "beta".

KO.US volatility(beta: 0.71)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Coca-Cola's is 0.7121. This would suggest that Coca-Cola's shares are less volatile than average (for this exchange).

Coca-Cola overview

The Coca-Cola Company, a beverage company, manufactures, markets, and sells various nonalcoholic beverages worldwide. The company provides sparkling soft drinks; water, enhanced water, and sports drinks; juice, dairy, and plant?based beverages; tea and coffee; and energy drinks. 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, Fanta, Fresca, Schweppes, Sprite, Thums Up, Aquarius, Ciel, Dasani, glacéau smartwater, glacéau vitaminwater, Ice Dew, I LOHAS, Powerade, Topo Chico, AdeS, Del Valle, fairlife, innocent, Minute Maid, Minute Maid Pulpy, Simply, Ayataka, Costa, dogadan, FUZE TEA, Georgia, Gold Peak, HONEST TEA, and Kochakaden 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.

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