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Coca-Cola Enterprises Inc (NYSE:CCE)
EV/EBIT
20.64 (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 $14,344 Mil. Coca-Cola Enterprises Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was $695 Mil. Therefore, Coca-Cola Enterprises Inc's EV/EBIT ratio for today is 20.64.

CCE' s EV/EBIT Range Over the Past 10 Years
Min: -4.6   Max: 24.8
Current: 20.74

-4.6
24.8

During the past 13 years, the highest EV/EBIT Ratio of Coca-Cola Enterprises Inc was 24.80. The lowest was -4.60. And the median was 17.20.

CCE's EV/EBIT is ranked lower than
57% of the 81 Companies
in the Global Beverages - Soft Drinks industry.

( Industry Median: 16.02 vs. CCE: 20.74 )

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 Sep. 2015 was $14,782 Mil. Coca-Cola Enterprises Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was $695 Mil. Coca-Cola Enterprises Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2015 was 4.70%.


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)
=14344.124/695
=20.64

Coca-Cola Enterprises Inc's current Enterprise Value is $14,344 Mil.
Coca-Cola Enterprises Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was 0 (Dec. 2014 ) + 160 (Mar. 2015 ) + 275 (Jun. 2015 ) + 260 (Sep. 2015 ) = $695 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 Sep. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Sep. 2015 )=EBIT (TTM)/Enterprise Value (Q: Sep. 2015 )
=695/14782.0325
=4.70 %

Coca-Cola Enterprises Inc's Enterprise Value for the quarter that ended in Sep. 2015 was $14,782 Mil.
Coca-Cola Enterprises Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was 0 (Dec. 2014 ) + 160 (Mar. 2015 ) + 275 (Jun. 2015 ) + 260 (Sep. 2015 ) = $695 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

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
ev2ebit 15.6916.7718.86-3.3810.1915.3312.0015.0121.4117.39

Coca-Cola Enterprises Inc Quarterly Data

Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15
ev2ebit 18.7219.9821.4120.6619.9917.8017.3917.7517.9721.27
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