Monster Beverage Corporation (MNST)
NASDAQ: MNST · Real-Time Price · USD
52.35
+1.28 (2.51%)
At close: Sep 18, 2024, 4:00 PM
52.39
+0.04 (0.08%)
After-hours: Sep 18, 2024, 6:54 PM EDT

Monster Beverage Statistics

Total Valuation

MNST has a market cap or net worth of $51.28 billion. The enterprise value is $50.52 billion.

Market Cap 51.28B
Enterprise Value 50.52B

Important Dates

The next estimated earnings date is Thursday, October 31, 2024, after market close.

Earnings Date Oct 31, 2024
Ex-Dividend Date n/a

Share Statistics

MNST has 979.54 million shares outstanding. The number of shares has decreased by -1.01% in one year.

Shares Outstanding 979.54M
Shares Change (YoY) -1.01%
Shares Change (QoQ) -1.32%
Owned by Insiders (%) 0.29%
Owned by Institutions (%) 66.24%
Float 697.45M

Valuation Ratios

The trailing PE ratio is 32.73 and the forward PE ratio is 28.93. MNST's PEG ratio is 2.36.

PE Ratio 32.73
Forward PE 28.93
PS Ratio 7.37
Forward PS 6.14
PB Ratio 8.78
P/FCF Ratio 33.34
PEG Ratio 2.36
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 23.51, with an EV/FCF ratio of 32.84.

EV / Earnings 29.95
EV / Sales 6.84
EV / EBITDA 23.51
EV / EBIT 24.38
EV / FCF 32.84

Financial Position

The company has a current ratio of 3.41, with a Debt / Equity ratio of 0.14.

Current Ratio 3.41
Quick Ratio 2.51
Debt / Equity 0.14
Debt / EBITDA 0.37
Debt / FCF 0.53
Interest Coverage 410.02

Financial Efficiency

Return on equity (ROE) is 24.62% and return on invested capital (ROIC) is 17.80%.

Return on Equity (ROE) 24.62%
Return on Assets (ROA) 14.95%
Return on Capital (ROIC) 17.80%
Revenue Per Employee $1.23M
Profits Per Employee $281,041
Employee Count 6,003
Asset Turnover 0.85
Inventory Turnover 4.06

Taxes

In the past 12 months, MNST has paid $474.15 million in taxes.

Income Tax 474.15M
Effective Tax Rate 21.94%

Stock Price Statistics

The stock price has decreased by -6.97% in the last 52 weeks. The beta is 0.74, so MNST's price volatility has been lower than the market average.

Beta (5Y) 0.74
52-Week Price Change -6.97%
50-Day Moving Average 49.13
200-Day Moving Average 53.56
Relative Strength Index (RSI) 70.26
Average Volume (20 Days) 5,256,036

Short Selling Information

The latest short interest is 27.92 million, so 2.85% of the outstanding shares have been sold short.

Short Interest 27.92M
Short Previous Month 21.58M
Short % of Shares Out 2.85%
Short % of Float 4.00%
Short Ratio (days to cover) 4.08

Income Statement

In the last 12 months, MNST had revenue of $7.39 billion and earned $1.69 billion in profits. Earnings per share was $1.60.

Revenue 7.39B
Gross Profit 3.97B
Operating Income 2.07B
Pretax Income 2.16B
Net Income 1.69B
EBITDA 2.15B
EBIT 2.07B
Earnings Per Share (EPS) $1.60
Full Income Statement

Balance Sheet

The company has $1.56 billion in cash and $807.88 million in debt, giving a net cash position of $756.85 million or $0.77 per share.

Cash & Cash Equivalents 1.56B
Total Debt 807.88M
Net Cash 756.85M
Net Cash Per Share $0.77
Equity (Book Value) 5.87B
Book Value Per Share 5.97
Working Capital 2.79B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $1.80 billion and capital expenditures -$264.82 million, giving a free cash flow of $1.54 billion.

Operating Cash Flow 1.80B
Capital Expenditures -264.82M
Free Cash Flow 1.54B
FCF Per Share $1.57
Full Cash Flow Statement

Margins

Gross margin is 53.73%, with operating and profit margins of 28.06% and 22.84%.

Gross Margin 53.73%
Operating Margin 28.06%
Pretax Margin 29.26%
Profit Margin 22.84%
EBITDA Margin 29.10%
EBIT Margin 28.06%
FCF Margin 20.67%

Dividends & Yields

MNST does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield 1.01%
Shareholder Yield 1.01%
Earnings Yield 3.29%
FCF Yield 3.00%
Dividend Details

Analyst Forecast

The average price target for MNST is $55.24, which is 5.52% higher than the current price. The consensus rating is "Buy".

Price Target $55.24
Price Target Difference 5.52%
Analyst Consensus Buy
Analyst Count 17
Revenue Growth Forecast (5Y) 9.79%
EPS Growth Forecast (5Y) 14.08%
Stock Forecasts

Stock Splits

The last stock split was on March 28, 2023. It was a forward split with a ratio of 2:1.

Last Split Date Mar 28, 2023
Split Type Forward
Split Ratio 2:1

Scores

MNST has an Altman Z-Score of 19.1 and a Piotroski F-Score of 6.

Altman Z-Score 19.1
Piotroski F-Score 6