In terms of valuation, Coca-Cola is slightly better priced. Its price-to-free cash flow ratio is 34, compared to PepsiCo's 35.2, making Coca-Cola the cheaper stock. KO Price to Free Cash Flow data by YCharts.

Shares of Coca-Cola Co. KO inched 1.00% higher to $71.85 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 1.16% to 5,471.05 and the Dow Jones Industrial Average DJIA rising 1.