What does enterprise value mean?

What it would cost to buy the entire business, debt included and cash netted out.

How do you interpret enterprise value?

The capital-structure-neutral valuation base — used in EV/EBITDA and EV/Sales to compare companies with different leverage on a like-for-like footing.

How does enterprise value compare across companies?

Comparable across non-financial companies via the EV multiples it feeds; not used for banks and insurers.

Constellation Brands STZ Enterprise value

Enterprise value at other companies

Keurig Dr PepperKDP

$41.83B-30.7%

PepsiCoPEP

$254.45B+3.5%

Monster BeverageMNST

$55.31B-6.6%

Coca-ColaKO

$359.89B+3.4%

StarbucksSBUX

$124.93B-7.3%

Other financials

Income statement

See full

Revenue$1.9B-11.3%

Gross profit$951.7M-14.6%

Operating income$441.6M—

Net income$201.8M+154%

Balance sheet

See full

Cash & equivalents$102.4M+50.4%

Total debt$10.6B-1.0%

Total equity$8.1B+17.4%

Total assets$21.9B+1.2%

Cash flow

See full

Operating cash flow$562.8M-5.4%

CapEx$218.9M-22.5%

Free cash flow$343.9M+10.2%

Valuation

See full

Market cap$23.83B—

P/E14.1×—

P/S2.6×—

Profitability

See full

Gross margin51.6%-0.5pp

Operating margin29.8%—

Net margin18.5%+17.7pp

Returns & leverage

See full

Return on equity22.5%+21.6pp

Debt / equity1.3×-0.2×

Current ratio1.1×+0.2×

Questions, answered.

What does enterprise value mean?: What it would cost to buy the entire business, debt included and cash netted out.
How do you interpret enterprise value?: The capital-structure-neutral valuation base — used in EV/EBITDA and EV/Sales to compare companies with different leverage on a like-for-like footing.
How does enterprise value compare across companies?: Comparable across non-financial companies via the EV multiples it feeds; not used for banks and insurers.