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Consumer Defensive - Beverages - Alcoholic - NYSE - US
$ 62.42
-0.494 %
$ 12.9 B
Market Cap
14.06
P/E
1. INTRINSIC VALUE

Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products under various brands in the Americas, Europe, Middle East, Africa, and Asia Pacific. It offers flavored malt beverages, craft, and ready to drink beverages. The company was formerly known as Molson Coors Brewing Company and changed its name to Molson Coors Beverage Company in January 2020. Molson Coors Beverage Company was founded in 1774 and is based in Golden, Colorado.[ Read More ]

The intrinsic value of one TAP stock under the base case scenario is HIDDEN Compared to the current market price of 62.4 USD, Molson Coors Beverage Company is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart TAP

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FINANCIALS
11.7 B REVENUE
9.36%
1.44 B OPERATING INCOME
-21.96%
956 M NET INCOME
612.82%
2.08 B OPERATING CASH FLOW
38.42%
-842 M INVESTING CASH FLOW
-34.65%
-981 M FINANCING CASH FLOW
-10.33%
3.04 B REVENUE
-6.44%
451 M OPERATING INCOME
-22.55%
227 M NET INCOME
-46.81%
521 M OPERATING CASH FLOW
-40.04%
-149 M INVESTING CASH FLOW
11.84%
-1.03 B FINANCING CASH FLOW
-205.34%
Balance Sheet Decomposition Molson Coors Beverage Company
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Current Assets 2.85 B
Cash & Short-Term Investments 869 M
Receivables 879 M
Other Current Assets 1.1 B
Non-Current Assets 23.5 B
Long-Term Investments 48.2 M
PP&E 4.44 B
Other Non-Current Assets 19 B
Current Liabilities 4.09 B
Accounts Payable 2.15 B
Short-Term Debt 959 M
Other Current Liabilities 984 M
Non-Current Liabilities 8.85 B
Long-Term Debt 5.52 B
Other Non-Current Liabilities 3.32 B
EFFICIENCY
Earnings Waterfall Molson Coors Beverage Company
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Revenue 11.7 B
Cost Of Revenue 7.33 B
Gross Profit 4.37 B
Operating Expenses 2.93 B
Operating Income 1.44 B
Other Expenses 482 M
Net Income 956 M
RATIOS
37.33% GROSS MARGIN
37.33%
12.29% OPERATING MARGIN
12.29%
8.11% NET MARGIN
8.11%
7.19% ROE
7.19%
3.60% ROA
3.60%
5.66% ROIC
5.66%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Molson Coors Beverage Company
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Net Income 956 M
Depreciation & Amortization 683 M
Capital Expenditures -672 M
Stock-Based Compensation 44.9 M
Change in Working Capital 80.4 M
Others 27.6 M
Free Cash Flow 1.41 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Molson Coors Beverage Company
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Wall Street analysts predict an average 1-year price target for TAP of $64.1 , with forecasts ranging from a low of $47 to a high of $75 .
TAP Lowest Price Target Wall Street Target
47 USD -24.70%
TAP Average Price Target Wall Street Target
64.1 USD 2.71%
TAP Highest Price Target Wall Street Target
75 USD 20.15%
4. DIVIDEND ANALYSIS
0.75% DIVIDEND YIELD
0.44 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Molson Coors Beverage Company
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
167 K USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
9 months ago
Feb 12, 2024
Sell 167 K USD
Joubert Tracey
Chief Financial Officer
- 2771
60.37 USD
1 year ago
Nov 03, 2023
Bought 5.9 K USD
Winnefeld James A Jr
Director
+ 100
59.02 USD
1 year ago
Aug 03, 2023
Bought 6.71 K USD
Winnefeld James A Jr
Director
+ 100
67.08 USD
1 year ago
May 25, 2023
Sell 112 K USD
Molson Geoffrey E.
Director
- 1840
60.62 USD
2 years ago
Aug 03, 2022
Bought 10.7 K USD
Winnefeld James A Jr
director:
+ 200
53.45 USD
3 years ago
Nov 04, 2021
Bought 9.09 K USD
Winnefeld James A Jr
Director
+ 200
45.465 USD
3 years ago
Sep 08, 2021
Bought 138 K USD
VACHON LOUIS
Director
+ 3000
46.04 USD
3 years ago
Feb 24, 2021
Sell 497 K USD
Cox Simon
Pres&CEO, Molson Coors Europe
- 10653
46.6174 USD
3 years ago
Feb 12, 2021
Bought 44.5 K USD
Winnefeld James A Jr
Director
+ 1000
44.49 USD
3 years ago
Nov 24, 2020
Sell 153 K USD
Molson Andrew Thomas
Director
- 3238
47.1188 USD
4 years ago
Nov 04, 2020
Bought 36.9 K USD
Winnefeld James A Jr
Director
+ 1000
36.9 USD
4 years ago
Sep 14, 2020
Bought 106 K USD
VACHON LOUIS
Director
+ 3000
35.279 USD
4 years ago
Mar 04, 2020
Sell 3.44 M USD
COORS PETER H
director, 10 percent owner:
- 67079
51.22 USD
4 years ago
Feb 14, 2020
Sell 494 K USD
Cox Simon
director: Pres&CEO, Molson Coors Europe
- 8991
54.9797 USD
5 years ago
Sep 13, 2019
Sell 104 K USD
Tabolt Brian
VP,Controller & Chf Acct Off
- 1825
56.9405 USD
5 years ago
May 07, 2019
Sell 678 K USD
Hunter Mark
President & CEO
- 11287
60.06 USD
5 years ago
Feb 19, 2019
Sell 576 K USD
Cox Simon
Pres&CEO, Molson Coors Europe
- 9497
60.6874 USD
5 years ago
Dec 03, 2018
Sell 168 K USD
Anand Krishnan
Chief Growth Officer
- 2595
64.7517 USD
6 years ago
Nov 01, 2018
Sell 168 K USD
Anand Krishnan
Chief Growth Officer
- 2595
64.8114 USD
6 years ago
Jun 01, 2018
Sell 160 K USD
Anand Krishnan
director: Chief Growth Officer
- 2595
61.49 USD
6 years ago
Jun 01, 2018
Sell 160 K USD
Anand Krishnan
Chief Growth Officer
- 2595
61.49 USD
6 years ago
Jul 02, 2018
Sell 176 K USD
Anand Krishnan
Chief Growth Officer
- 2595
67.84 USD
6 years ago
Jul 02, 2018
Sell 176 K USD
Anand Krishnan
director: Chief Growth Officer
- 2595
67.84 USD
6 years ago
Oct 01, 2018
Sell 159 K USD
Anand Krishnan
Chief Growth Officer
- 2595
61.42 USD
6 years ago
Sep 04, 2018
Sell 172 K USD
Anand Krishnan
Chief Growth Officer
- 2595
66.2599 USD
6 years ago
Aug 01, 2018
Sell 169 K USD
Anand Krishnan
Chief Growth Officer
- 2595
64.9619 USD
6 years ago
May 03, 2018
Sell 36.5 K USD
Hunter Mark
director: President & CEO
- 600
60.8383 USD
6 years ago
May 03, 2018
Sell 36.5 K USD
Hunter Mark
President & CEO
- 600
60.8383 USD
6 years ago
May 03, 2018
Sell 90.3 K USD
Hunter Mark
director: President & CEO
- 1470
61.4266 USD
6 years ago
May 03, 2018
Sell 90.3 K USD
Hunter Mark
President & CEO
- 1470
61.4266 USD
6 years ago
May 01, 2018
Sell 185 K USD
Anand Krishnan
director: Chief Growth Officer
- 2595
71.2372 USD
7. News
Anheuser-Busch Vs. Molson Coors -- Battle Of The Beers Anheuser-Busch InBev SA/NV is a mid-level play with higher valuation and growth expectations, while Molson Coors Beverage Company is a value play with lower valuation and growth expectations. Both BUD and TAP are reasonably valued relative to forward EPS growth, but both risk becoming value traps. Our analysis suggests key support levels for BUD at $54 and a potential upside for TAP to $80-$82 if current support holds. seekingalpha.com - 4 days ago
Molson Coors: After 9 Years Of Paying Down Debt, Finally Able To Repurchase Shares Molson Coors issued a lot of debt in 2016 as part of buying out a joint venture interest. In late 2023, Molson Coors finally reached its target leverage ratios and extra cash is now going towards share repurchases instead of debt paydowns. The company capitalized on Budweiser's marketing issues, gaining market share and shelf space, boosting sales for brands like Coors Banquet. seekingalpha.com - 5 days ago
Molson Coors Rises 5% Post Q3 Earnings: Buy, Hold or Avoid the Stock? TAP makes significant progress with the Acceleration Plan. The company's revitalization plan and the premiumization of the global portfolio also bode well. zacks.com - 6 days ago
Molson Coors Q3 Earnings & Sales Beat, Stock Dips on Soft View A challenging U.S. macroeconomic environment, leading to lower financial volumes, mars TAP's Q3 results. The EMEA&APAC and Canada units have been strong. zacks.com - 1 week ago
Molson Coors Beverage Company (TAP) Q3 2024 Earnings Call Transcript Molson Coors Beverage Company (NYSE:TAP ) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Corporate Participants Traci Mangini - Vice President, Investor Relations Gavin Hattersley - President and Chief Executive Officer Tracey Joubert - Chief Financial Officer Conference Call Participants Bonnie Herzog - Goldman Sachs Drew Levine - JPMorgan Filippo Falorni - Citi Bryan Spillane - Bank of America Chris Carey - Wells Fargo Rob Ottenstein - Evercore Victor Ma - TD Cowen Eric Serotta - Morgan Stanley Peter Grom - UBS Lauren Lieberman - Barclays Michael Lavery - Piper Sandler Operator Good morning, and welcome to the Molson Coors Beverage Company Third Quarter Earnings Conference Call. With that, I'll hand over to Traci Mangini, Vice President of Investor Relations. seekingalpha.com - 1 week ago
Compared to Estimates, Molson Coors (TAP) Q3 Earnings: A Look at Key Metrics The headline numbers for Molson Coors (TAP) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. zacks.com - 1 week ago
Molson Coors Brewing (TAP) Q3 Earnings Beat Estimates Molson Coors Brewing (TAP) came out with quarterly earnings of $1.80 per share, beating the Zacks Consensus Estimate of $1.65 per share. This compares to earnings of $1.92 per share a year ago. zacks.com - 1 week ago
Molson Coors sees weakness in U.S. beer volumes, leading to a sales miss Molson Coors sees sales volumes drop amid weakness in the U.S. beer industry. marketwatch.com - 1 week ago
Molson Coors Beverage Company Reports 2024 Third Quarter Results GOLDEN, Colo. & MONTRÉAL--(BUSINESS WIRE)--Molson Coors Beverage Company Reports 2024 Third Quarter Results. businesswire.com - 1 week ago
Molson Coors Beverage Company Takes Majority Stake in ZOA Energy CHICAGO--(BUSINESS WIRE)--Molson Coors Beverage Company ("Molson Coors") (NYSE: TAP, TAP.A) is taking a majority ownership stake in ZOA, the better-for-you energy brand co-founded by Dwayne “The Rock” Johnson, Dany Garcia, Dave Rienzi and John Shulman. Taking a majority stake now allows Molson Coors to lead the entirety of ZOA's marketing, retail and direct-to-consumer sales and development. The company believes this positions ZOA for a step change in growth. As better-for-you energy drinks sal. businesswire.com - 1 week ago
Exploring Analyst Estimates for Molson Coors (TAP) Q3 Earnings, Beyond Revenue and EPS Get a deeper insight into the potential performance of Molson Coors (TAP) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics. zacks.com - 1 week ago
Can Molson Coors Maintain Its Earnings Surprise Trend in Q3? TAP's Q3 results are expected to reflect gains from a strong brand portfolio, success across its geographic segments and focus on revitalization plan. zacks.com - 1 week ago
8. Profile Summary

Molson Coors Beverage Company TAP

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COUNTRY US
INDUSTRY Beverages - Alcoholic
MARKET CAP $ 12.9 B
Dividend Yield 0.75%
Description Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products under various brands in the Americas, Europe, Middle East, Africa, and Asia Pacific. It offers flavored malt beverages, craft, and ready to drink beverages. The company was formerly known as Molson Coors Brewing Company and changed its name to Molson Coors Beverage Company in January 2020. Molson Coors Beverage Company was founded in 1774 and is based in Golden, Colorado.
Contact PO Box 4030, Golden, CO, 80401 https://www.molsoncoors.com
IPO Date June 12, 1975
Employees 16500
Officers Mr. Dave Osswald Chief People & Diversity Officer Mr. Sergey K. Yeskov Executive Officer Mr. Greg Tierney Vice President of SP&A and Investor Relations Ms. Michelle E. St. Jacques Chief Commercial Officer Ms. Roxanne M. Stelter Vice President, Controller, Chief Accounting Officer & Principal Accounting Officer Mr. Adam Collins Chief Communications & Corporate Affairs Officer Mr. Gavin D. K. Hattersley President, Chief Executive Officer & Director Ms. Natalie Maciolek Chief Legal & Government Affairs Officer and Secretary Ms. Tracey I. Joubert Chief Financial Officer Ms. Sofia Colucci Chief Marketing Officer