Switch to:
GuruFocus has detected 6 Warning Signs with Molson Coors Brewing Co $TAP.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Molson Coors Brewing Co (NYSE:TAP)
EV-to-EBIT
10.01 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Molson Coors Brewing Co's enterprise value is $33,108 Mil. Molson Coors Brewing Co's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2016 was $3,307 Mil. Therefore, Molson Coors Brewing Co's EV/EBIT ratio for today is 10.01.

TAP' s EV-to-EBIT Range Over the Past 10 Years
Min: 9   Max: 38.2
Current: 10.01

9
38.2

During the past 13 years, the highest EV/EBIT Ratio of Molson Coors Brewing Co was 38.20. The lowest was 9.00. And the median was 15.60.

TAP's EV-to-EBIT is ranked higher than
78% of the 154 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 16.59 vs. TAP: 10.01 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Molson Coors Brewing Co's enterprise value for the quarter that ended in Dec. 2016 was $32,627 Mil. Molson Coors Brewing Co's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2016 was $3,307 Mil. Molson Coors Brewing Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2016 was 10.14%.


Definition

Molson Coors Brewing Co's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=33107.820/3306.9
=10.01

Molson Coors Brewing Co's current Enterprise Value is $33,108 Mil.
Molson Coors Brewing Co's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2016 was 243.3 (Mar. 2016 ) + 267.8 (Jun. 2016 ) + 289.2 (Sep. 2016 ) + 2506.6 (Dec. 2016 ) = $3,307 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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).

Molson Coors Brewing Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2016 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Dec. 2016 )=EBIT (TTM)/Enterprise Value (Q: Dec. 2016 )
=3306.9/32626.519
=10.14 %

Molson Coors Brewing Co's Enterprise Value for the quarter that ended in Dec. 2016 was $32,627 Mil.
Molson Coors Brewing Co's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2016 was 243.3 (Mar. 2016 ) + 267.8 (Jun. 2016 ) + 289.2 (Sep. 2016 ) + 2506.6 (Dec. 2016 ) = $3,307 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

Molson Coors Brewing Co Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
ev2ebit 17.0615.0311.5011.069.8115.0114.9122.4139.079.87

Molson Coors Brewing Co Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
ev2ebit 21.6322.4125.7826.1029.6639.0735.2836.1526.629.87
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK