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Coca-Cola Enterprises Inc (NYSE:CCE)
EV/EBIT
18.61 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Coca-Cola Enterprises Inc's enterprise value is $15,409 Mil. Coca-Cola Enterprises Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2016 was $828 Mil. Therefore, Coca-Cola Enterprises Inc's EV/EBIT ratio for today is 18.61.

CCE' s EV/EBIT Range Over the Past 10 Years
Min: -20.6   Max: 19.8
Current: 18.59

-20.6
19.8

During the past 13 years, the highest EV/EBIT Ratio of Coca-Cola Enterprises Inc was 19.80. The lowest was -20.60. And the median was 13.20.

CCE's EV/EBIT is ranked lower than
56% of the 80 Companies
in the Global Beverages - Soft Drinks industry.

( Industry Median: 16.52 vs. CCE: 18.59 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Coca-Cola Enterprises Inc's enterprise value for the quarter that ended in Mar. 2016 was $15,382 Mil. Coca-Cola Enterprises Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2016 was $828 Mil. Coca-Cola Enterprises Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2016 was 5.38%.


Definition

Coca-Cola Enterprises Inc's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=15408.979/828
=18.61

Coca-Cola Enterprises Inc's current Enterprise Value is $15,409 Mil.
Coca-Cola Enterprises Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2016 was 275 (Jun. 2015 ) + 260 (Sep. 2015 ) + 173 (Dec. 2015 ) + 120 (Mar. 2016 ) = $828 Mil.

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


Explanation

This is a more accurate valuation of companies' operation because it consider the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt).

Coca-Cola Enterprises Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2016 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Mar. 2016 )=EBIT (TTM)/Enterprise Value (Q: Mar. 2016 )
=828/15381.6756
=5.38 %

Coca-Cola Enterprises Inc's Enterprise Value for the quarter that ended in Mar. 2016 was $15,382 Mil.
Coca-Cola Enterprises Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2016 was 275 (Jun. 2015 ) + 260 (Sep. 2015 ) + 173 (Dec. 2015 ) + 120 (Mar. 2016 ) = $828 Mil.

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


Related Terms

Enterprise Value, Earnings Yield (Joel Greenblatt), Earnings Before Interest and Taxes (EBIT)


Historical Data

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

Coca-Cola Enterprises Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ev2ebit -13.2114.86-2.2511.838.169.8912.5616.3014.1417.15

Coca-Cola Enterprises Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
ev2ebit 16.3016.0915.6914.0814.1414.3614.4816.7417.1518.58
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