Molson Coors Beverage Company (TAP)
Total Valuation
TAP has a market cap or net worth of $14.23 billion. The enterprise value is $19.58 billion.
Market Cap | 14.23B |
Enterprise Value | 19.58B |
Important Dates
The next estimated earnings date is Tuesday, April 30, 2024, before market open.
Earnings Date | Apr 30, 2024 |
Ex-Dividend Date | Feb 29, 2024 |
Share Statistics
TAP has 212.69 million shares outstanding. The number of shares has increased by 0.18% in one year.
Shares Outstanding | 212.69M |
Shares Change (YoY) | +0.18% |
Shares Change (QoQ) | -0.55% |
Owned by Insiders (%) | 11.52% |
Owned by Institutions (%) | 88.86% |
Float | 190.35M |
Valuation Ratios
The trailing PE ratio is 15.41 and the forward PE ratio is 11.78. TAP's PEG ratio is 3.36.
PE Ratio | 15.41 |
Forward PE | 11.78 |
PS Ratio | 1.22 |
Forward PS | 1.19 |
PB Ratio | 1.08 |
P/FCF Ratio | 10.03 |
PEG Ratio | 3.36 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 9.06, with an EV/FCF ratio of 13.80.
EV / Earnings | 20.63 |
EV / Sales | 1.67 |
EV / EBITDA | 9.06 |
EV / EBIT | 13.24 |
EV / FCF | 13.80 |
Financial Position
The company has a current ratio of 0.70, with a Debt / Equity ratio of 0.47.
Current Ratio | 0.70 |
Quick Ratio | 0.43 |
Debt / Equity | 0.47 |
Debt / EBITDA | 2.88 |
Debt / FCF | 4.39 |
Interest Coverage | 6.32 |
Financial Efficiency
Return on equity (ROE) is 7.30% and return on invested capital (ROIC) is 5.60%.
Return on Equity (ROE) | 7.30% |
Return on Assets (ROA) | 3.60% |
Return on Capital (ROIC) | 5.60% |
Revenue Per Employee | $709,218 |
Profits Per Employee | $57,509 |
Employee Count | 16,500 |
Asset Turnover | 0.44 |
Inventory Turnover | 9.19 |
Taxes
In the past 12 months, TAP has paid $296.10 million in taxes.
Income Tax | 296.10M |
Effective Tax Rate | 23.78% |
Stock Price Statistics
The stock price has increased by +31.83% in the last 52 weeks. The beta is 0.85, so TAP's price volatility has been lower than the market average.
Beta (1Y) | 0.85 |
52-Week Price Change | +31.83% |
50-Day Moving Average | 63.50 |
200-Day Moving Average | 63.08 |
Relative Strength Index (RSI) | 64.19 |
Average Volume (30 Days) | 1,653,981 |
Short Selling Information
The latest short interest is 10.42 million, so 4.90% of the outstanding shares have been sold short.
Short Interest | 10.42M |
Short Previous Month | 7.64M |
Short % of Shares Out | 4.90% |
Short % of Float | 5.47% |
Short Ratio (days to cover) | 5.38 |
Income Statement
In the last 12 months, TAP had revenue of $11.70 billion and earned $948.90 million in profits. Earnings per share was $4.37.
Revenue | 11.70B |
Gross Profit | 4.37B |
Operating Income | 1.43B |
Pretax Income | 1.25B |
Net Income | 948.90M |
EBITDA | 2.16B |
EBIT | 1.48B |
Earnings Per Share (EPS) | $4.37 |
Balance Sheet
The company has $868.90 million in cash and $6.22 billion in debt, giving a net cash position of -$5.36 billion or -$25.18 per share.
Cash & Cash Equivalents | 868.90M |
Total Debt | 6.22B |
Net Cash | -5.36B |
Net Cash Per Share | -$25.18 |
Equity / Book Value | 13.20B |
Book Value Per Share | 62.04 |
Working Capital | -1.24B |
Cash Flow
In the last 12 months, operating cash flow was $2.08 billion and capital expenditures -$660.60 million, giving a free cash flow of $1.42 billion.
Operating Cash Flow | 2.08B |
Capital Expenditures | -660.60M |
Free Cash Flow | 1.42B |
FCF Per Share | $6.57 |
Margins
Gross margin is 37.33%, with operating and profit margins of 12.19% and 8.11%.
Gross Margin | 37.33% |
Operating Margin | 12.19% |
Pretax Margin | 10.64% |
Profit Margin | 8.11% |
EBITDA Margin | 18.47% |
EBIT Margin | 12.64% |
FCF Margin | 12.12% |
Dividends & Yields
This stock pays an annual dividend of $1.76, which amounts to a dividend yield of 2.61%.
Dividend Per Share | $1.76 |
Dividend Yield | 2.61% |
Dividend Growth (YoY) | 7.74% |
Years of Dividend Growth | 3 |
Payout Ratio | 40.27% |
Buyback Yield | -0.18% |
Shareholder Yield | 2.43% |
Earnings Yield | 6.67% |
FCF Yield | 9.97% |
Analyst Forecast
The average price target for TAP is $67.65, which is 0.46% higher than the current price. The consensus rating is "Hold".
Price Target | $67.65 |
Price Target Difference | 0.46% |
Analyst Consensus | Hold |
Analyst Count | 19 |
Revenue Growth Forecast (5Y) | 1.41% |
EPS Growth Forecast (5Y) | 9.27% |
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 1.63 and a Piotroski F-Score of 8. A Z-score under 3 suggests an increased risk of bankruptcy.
Altman Z-Score | 1.63 |
Piotroski F-Score | 8 |