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Coca-Cola Co (NYSE:KO)
EV/EBIT
20.89 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Coca-Cola Co's enterprise value is $201,103 Mil. Coca-Cola Co's operating income for the trailing twelve months (TTM) ended in Mar. 2015 was $9,628 Mil. Therefore, Coca-Cola Co's EV/EBIT ratio for today is 20.89.

KO' s 10-Year EV/EBIT Range
Min: 11.4   Max: 22.2
Current: 21.01

11.4
22.2

During the past 13 years, the highest EV/EBIT Ratio of Coca-Cola Co was 22.20. The lowest was 11.40. And the median was 18.10.

KO's EV/EBITis ranked lower than
56% of the 71 Companies
in the Global Beverages - Soft Drinks industry.

( Industry Median: 17.98 vs. KO: 21.01 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Coca-Cola Co's enterprise value for the quarter that ended in Mar. 2015 was $202,014 Mil. Coca-Cola Co's Operating Income for the trailing twelve months (TTM) ended in Mar. 2015 was $9,628 Mil. Coca-Cola Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2015 was 4.77%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=201103.337/9628
=20.89

Coca-Cola Co's current Enterprise Value is $201,103 Mil.
Coca-Cola Co's Operating Income for the trailing twelve months (TTM) ended in Mar. 2015 was 3170 (Jun. 2014 ) + 2711 (Sep. 2014 ) + 1451 (Dec. 2014 ) + 2296 (Mar. 2015 ) = $9,628 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 Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Mar. 2015 )=Operating Income (TTM)/Enterprise Value (Q: Mar. 2015 )
=9628/202014.1
=4.77 %

Coca-Cola Co's Enterprise Value for the quarter that ended in Mar. 2015 was $202,014 Mil.
Coca-Cola Co's Operating Income for the trailing twelve months (TTM) ended in Mar. 2015 was 3170 (Jun. 2014 ) + 2711 (Sep. 2014 ) + 1451 (Dec. 2014 ) + 2296 (Mar. 2015 ) = $9,628 Mil.

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


Related Terms

Enterprise Value, Operating Income, Earnings Yield (Joel Greenblatt)


Historical Data

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

Coca-Cola Co Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
ev2ebit 15.9118.2420.2512.9616.3419.3917.0216.5519.4521.14

Coca-Cola Co Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
ev2ebit 16.5518.4518.3217.7919.4518.5420.2119.7821.1420.98
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