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Coca-Cola European Partners PLC (NYSE:CCE)
Enterprise Value
$26,167 Mil (As of Today)

Think of enterprise value as the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents.

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Coca-Cola European Partners PLC's enterprise value is $26,167 Mil. Coca-Cola European Partners PLC's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2016 was $799 Mil. Therefore, Coca-Cola European Partners PLC's EV/EBIT ratio for today is 32.75.

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Coca-Cola European Partners PLC's enterprise value is $26,167 Mil. Coca-Cola European Partners PLC's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Jun. 2016 was $1,088 Mil. Therefore, Coca-Cola European Partners PLC's EV/EBITDA ratio for today is 24.05.

EV/Revenue ratio is calculated as enterprise value divided by its Revenue. As of today, Coca-Cola European Partners PLC's enterprise value is $26,167 Mil. Coca-Cola European Partners PLC's revenue for the trailing twelve months (TTM) ended in Jun. 2016 was $7,480 Mil. Therefore, Coca-Cola European Partners PLC's EV/Revenue ratio for today is 3.50.


Definition

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents.

Coca-Cola European Partners PLC's Enterprise Value for the fiscal year that ended in Dec. 2014 is calculated as

Enterprise Value (A: Dec. 2014 )
=Market Cap+Preferred Stock+Long-Term Debt & Capital Lease Obligation
=10579.635+0+3366.50431566
+Current Portion of Long-Term Debt+Minority Interest-Cash and Cash Equivalents
+640.853267571+0-226.123304562
=14,361

Coca-Cola European Partners PLC's Enterprise Value for the quarter that ended in Jun. 2016 is calculated as

Enterprise Value (Q: Jun. 2016 )
=Market Cap+Preferred Stock+Long-Term Debt & Capital Lease Obligation
=17222.2095+0+7128.08988764
+Current Portion of Long-Term Debt+Minority Interest-Cash and Cash Equivalents
+592.134831461+0-541.573033708
=24,401

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of enterprise value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV/EBIT ratio is calculated as enterprise value divided by its EBIT.

Coca-Cola European Partners PLC's EV/EBIT for today is

EV/EBIT ratio=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=26167.082/798.917857426
=32.75

Coca-Cola European Partners PLC's current Enterprise Value is $26,167 Mil.
Coca-Cola European Partners PLC's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2016 was 265.471380471 (Sep. 2015 ) + 176.077342048 (Dec. 2015 ) + 117.683741648 (Mar. 2016 ) + 239.685393258 (Jun. 2016 ) = $799 Mil.

2. EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA.

Coca-Cola European Partners PLC's EV/EBITDA for today is:

Coca-Cola European Partners PLC's current Enterprise Value is $26,167 Mil.
Coca-Cola European Partners PLC's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Jun. 2016 was 338.679012346 (Sep. 2015 ) + 242.949891068 (Dec. 2015 ) + 182.41091314 (Mar. 2016 ) + 323.814606742 (Jun. 2016 ) = $1,088 Mil.

3. EV/Revenue ratio is calculated as enterprise value divided by its Revenue.

Coca-Cola European Partners PLC's EV/Revenue for today is:

EV/Revenue ratio=Enterprise Value (Today)/Revenue (TTM)
=26167.082/7479.59555696
=3.50

Coca-Cola European Partners PLC's current Enterprise Value is $26,167 Mil.
Coca-Cola European Partners PLC's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Jun. 2016 was 1860.34231201 (Sep. 2015 ) + 1652.85076253 (Dec. 2015 ) + 1487.72383073 (Mar. 2016 ) + 2478.67865169 (Jun. 2016 ) = $7,480 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Market Cap, Preferred Stock, Long-Term Debt & Capital Lease Obligation, Cash and Cash Equivalents, Current Portion of Long-Term Debt


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Coca-Cola European Partners PLC Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ev 19,64221,83013,95510,90910,27810,22511,67314,83914,36114,857

Coca-Cola European Partners PLC Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
ev 15,88815,83514,71414,36114,19614,02014,86214,85715,30824,401
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