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Coca-Cola HBC AGATH:EEE +1.22%95 EV-to-EBITDA is 11.87 as of Jul. 14, 2026, which is 9% above its 10-year median of 10.88. GuruFocus rates ATH:EEE with a GF Score™ of 95/100 and a GF Value™ of €38.69 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 104 Beverages - Non-Alcoholic companies, Coca-Cola HBC AG ranks worse than 53.85% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Coca-Cola HBC AG's enterprise value is €22,069 Mil.
Coca-Cola HBC AG's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €1,859 Mil. Therefore, Coca-Cola HBC AG's EV-to-EBITDA for today is 11.87.
The historical rank and industry rank for Coca-Cola HBC AG's EV-to-EBITDA or its related term are showing as below:
ATH:EEE'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 7.02 Med: 10.88 Max: 15.17
Current: 11.87
During the past 13 years, the highest EV-to-EBITDA of Coca-Cola HBC AG was 15.17. The lowest was 7.02. And the median was 10.88.
ATH:EEE's EV-to-EBITDA is ranked worse than 53.85% of 104
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 11.14
vs ATH:EEE: 11.87
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
Coca-Cola HBC AG (ATH:EEE) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Coca-Cola HBC AG's PE Ratio (TTM) for today is calculated as:
Coca-Cola HBC AG's share price for today is €57.90.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Coca-Cola HBC AG's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €2.590.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Coca-Cola HBC AG's EV-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Beverages - Non-Alcoholic subindustry, Coca-Cola HBC AG's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Coca-Cola HBC AG EV-to-EBITDA vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Coca-Cola HBC AG's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Coca-Cola HBC AG's EV-to-EBITDA falls into.
Coca-Cola HBC AG's current Enterprise Value is €22,069 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Coca-Cola HBC AG's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €1,859 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Coca-Cola HBC AG (ATH:EEE) has a EV-to-EBITDA of 11.87 as of Jul. 14, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Coca-Cola HBC AG. This is near median its historical median of 10.88. Over the past decade, Coca-Cola HBC AG's EV-to-EBITDA has ranged from 7.02 to 15.17. According to the industry distribution chart, Coca-Cola HBC AG ranks #56 out of 104 companies in the Beverages - Non-Alcoholic industry, placing it in the top 53.8%.
Is Coca-Cola HBC AG's EV-to-EBITDA too high?
Coca-Cola HBC AG's current EV-to-EBITDA of 11.87 is near median its 10-year median of 10.88. Over the past 10 years, this metric has ranged from a low of 7.02 to a high of 15.17. The Beverages - Non-Alcoholic industry median EV-to-EBITDA is 11.14. Coca-Cola HBC AG's value of 11.87 is 6.6% above this industry median. Based on the distribution chart, Coca-Cola HBC AG ranks #56 out of 104 companies in the Beverages - Non-Alcoholic industry, which is below the industry midpoint. Overall, Coca-Cola HBC AG has a GF Score™ of 95/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Coca-Cola HBC AG's EV-to-EBITDA compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Coca-Cola HBC AG ranks #56 out of 104 companies for EV-to-EBITDA. This places Coca-Cola HBC AG in the lower half of its industry. The industry median EV-to-EBITDA is 11.14. Coca-Cola HBC AG's value of 11.87 is 6.6% above this benchmark. Historically, Coca-Cola HBC AG's own EV-to-EBITDA has ranged from 7.02 to 15.17 over the past decade. While the company's 10-year median is 10.88 vs. the industry median of 11.14, Coca-Cola HBC AG has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Beverages - Non-Alcoholic company?
The median EV-to-EBITDA among Beverages - Non-Alcoholic companies is 11.14, based on 104 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Coca-Cola HBC AG's current EV-to-EBITDA of 11.87 is 6.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Coca-Cola HBC AG. For the Beverages - Non-Alcoholic industry, the median EV-to-EBITDA is 11.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coca-Cola HBC AG's current EV-to-EBITDA is 11.87, which is near median its own 10-year median of 10.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coca-Cola HBC AG stock overvalued right now?
Based on GuruFocus' analysis, Coca-Cola HBC AG (ATH:EEE) is currently considered Significantly Overvalued. The stock's GF Value™ is €38.69, compared to a current price of €57.90 — trading 49.7% above its estimated fair value. The current EV-to-EBITDA is 11.87, which is near median its 10-year median of 10.88 and 6.6% above the Beverages - Non-Alcoholic industry median of 11.14. Coca-Cola HBC AG's overall GF Score™ is 95/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Coca-Cola HBC AG (ATH:EEE), the current EV-to-EBITDA is 11.87 as of Jul. 14, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Coca-Cola HBC AG (ATH:EEE) Overvalued in 2026?
Based on GuruFocus' analysis, Coca-Cola HBC AG stock appears to be overvalued.
The current stock price of €57.90 is trading 49.7% above its estimated GF Value™ of €38.69.
GuruFocus considers Coca-Cola HBC AG to be Significantly Overvalued.
Key valuation signals for ATH:EEE:
EV-to-EBITDA: 11.87 (near median its 10-year median of 10.88)
GF Value™: €38.69 vs. price of €57.90 (49.7% above fair value)
Industry Position: 6.6% above the Beverages - Non-Alcoholic median (#56 of 104)
No single metric tells the full story. See the ATH:EEE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Coca-Cola HBC is the third-largest bottling partner in the Coca-Cola system by volume, behind Coca-Cola Femsa and Coca-Cola Europacific Partners. In 2025, CCHBC sold 2.9 billion unit cases of beverages. There is a long tail of Coca-Cola distributors, including brewers and independent operators with very small distribution territories.CCHBC is listed on the London Stock Exchange. Kar-Tess, a Luxembourg-based holding company, owns 23% of the equity of CCHBC, and Coca-Cola holds a further 21%. The remaining 56% is free float.
95GF Score
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EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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