Molson Coors Beverage Company (TAP)
NYSE: TAP · Real-Time Price · USD
63.88
+1.99 (3.22%)
Nov 13, 2024, 4:00 PM EST - Market closed

TAP Statistics

Total Valuation

TAP has a market cap or net worth of $13.16 billion. The enterprise value is $18.98 billion.

Market Cap 13.16B
Enterprise Value 18.98B

Important Dates

The last earnings date was Thursday, November 7, 2024, before market open.

Earnings Date Nov 7, 2024
Ex-Dividend Date Aug 30, 2024

Share Statistics

TAP has 206.01 million shares outstanding. The number of shares has decreased by -2.06% in one year.

Current Share Class 193.57M
Shares Outstanding 206.01M
Shares Change (YoY) -2.06%
Shares Change (QoQ) -1.33%
Owned by Insiders (%) 0.54%
Owned by Institutions (%) 83.82%
Float 186.17M

Valuation Ratios

The trailing PE ratio is 14.45 and the forward PE ratio is 10.86. TAP's PEG ratio is 2.63.

PE Ratio 14.45
Forward PE 10.86
PS Ratio 1.15
Forward PS 1.10
PB Ratio 0.99
P/TBV Ratio n/a
P/FCF Ratio 11.44
P/OCF Ratio 6.96
PEG Ratio 2.63
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 7.85, with an EV/FCF ratio of 16.50.

EV / Earnings 20.23
EV / Sales 1.62
EV / EBITDA 7.85
EV / EBIT 10.96
EV / FCF 16.50

Financial Position

The company has a current ratio of 0.99, with a Debt / Equity ratio of 0.49.

Current Ratio 0.99
Quick Ratio 0.63
Debt / Equity 0.49
Debt / EBITDA 2.64
Debt / FCF 5.76
Interest Coverage 6.56

Financial Efficiency

Return on equity (ROE) is 7.17% and return on invested capital (ROIC) is 5.40%.

Return on Equity (ROE) 7.17%
Return on Assets (ROA) 4.07%
Return on Capital (ROIC) 5.40%
Revenue Per Employee $708,012
Profits Per Employee $56,842
Employee Count 16,500
Asset Turnover 0.44
Inventory Turnover 8.49

Taxes

In the past 12 months, TAP has paid $352.70 million in taxes.

Income Tax 352.70M
Effective Tax Rate 26.68%

Stock Price Statistics

The stock price has increased by +8.33% in the last 52 weeks. The beta is 0.83, so TAP's price volatility has been lower than the market average.

Beta (5Y) 0.83
52-Week Price Change +8.33%
50-Day Moving Average 55.96
200-Day Moving Average 57.43
Relative Strength Index (RSI) 82.99
Average Volume (20 Days) 1,840,274

Short Selling Information

The latest short interest is 7.41 million, so 3.60% of the outstanding shares have been sold short.

Short Interest 7.41M
Short Previous Month 8.56M
Short % of Shares Out 3.60%
Short % of Float 3.98%
Short Ratio (days to cover) 4.14

Income Statement

In the last 12 months, TAP had revenue of $11.68 billion and earned $937.90 million in profits. Earnings per share was $4.42.

Revenue 11.68B
Gross Profit 4.53B
Operating Income 1.73B
Pretax Income 1.53B
Net Income 937.90M
EBITDA 2.42B
EBIT 1.73B
Earnings Per Share (EPS) $4.42
Full Income Statement

Balance Sheet

The company has $1.02 billion in cash and $6.63 billion in debt, giving a net cash position of -$5.60 billion or -$27.20 per share.

Cash & Cash Equivalents 1.02B
Total Debt 6.63B
Net Cash -5.60B
Net Cash Per Share -$27.20
Equity (Book Value) 13.57B
Book Value Per Share 64.63
Working Capital -18.70M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $1.89 billion and capital expenditures -$740.40 million, giving a free cash flow of $1.15 billion.

Operating Cash Flow 1.89B
Capital Expenditures -740.40M
Free Cash Flow 1.15B
FCF Per Share $5.58
Full Cash Flow Statement

Margins

Gross margin is 38.77%, with operating and profit margins of 14.83% and 8.03%.

Gross Margin 38.77%
Operating Margin 14.83%
Pretax Margin 11.32%
Profit Margin 8.03%
EBITDA Margin 20.70%
EBIT Margin 14.83%
FCF Margin 11.45%

Dividends & Yields

This stock pays an annual dividend of $1.76, which amounts to a dividend yield of 2.76%.

Dividend Per Share $1.76
Dividend Yield 2.76%
Dividend Growth (YoY) 7.45%
Years of Dividend Growth 3
Payout Ratio 39.81%
Buyback Yield 2.06%
Shareholder Yield 4.82%
Earnings Yield 7.13%
FCF Yield 8.74%
Dividend Details

Analyst Forecast

The average price target for TAP is $60.31, which is -5.59% lower than the current price. The consensus rating is "Hold".

Price Target $60.31
Price Target Difference -5.59%
Analyst Consensus Hold
Analyst Count 13
Revenue Growth Forecast (5Y) 0.87%
EPS Growth Forecast (5Y) 9.80%
Stock Forecasts

Stock Splits

The last stock split was on October 4, 2007. It was a forward split with a ratio of 2:1.

Last Split Date Oct 4, 2007
Split Type Forward
Split Ratio 2:1

Scores

TAP has an Altman Z-Score of 1.65 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 1.65
Piotroski F-Score 7