Molson Coors Canada
Market Cap
CA$946.8m
Last Updated
2020/06/01 04:31 UTC
Data Sources
Company Financials
Executive Summary
Molson Coors Canada Inc. brews, markets, sells, and distributes various beer brands in Canada.
Snowflake Analysis
Mediocre balance sheet and overvalued.
Similar Companies
Share Price & News
How has Molson Coors Canada's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TPX.B's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
2.4%
TPX.B
2.2%
CA Beverage
2.0%
CA Market
1 Year Return
-29.8%
TPX.B
-16.3%
CA Beverage
-11.4%
CA Market
Return vs Industry: TPX.B underperformed the Canadian Beverage industry which returned -16.3% over the past year.
Return vs Market: TPX.B underperformed the Canadian Market which returned -11.4% over the past year.
Shareholder returns
| TPX.B | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.4% | 2.2% | 2.0% |
| 30 Day | -11.8% | 2.8% | 4.1% |
| 90 Day | -21.6% | -13.4% | -8.8% |
| 1 Year | -27.4%-29.8% | -14.4%-16.3% | -8.3%-11.4% |
| 3 Year | -54.8%-58.2% | -25.5%-30.3% | -0.2%-9.5% |
| 5 Year | -32.8%-40.1% | 15.1%2.6% | 15.9%-0.7% |
Price Volatility Vs. Market
How volatile is Molson Coors Canada's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Introducing Molson Coors Canada (TSE:TPX.B), The Stock That Slid 57% In The Last Three Years1 month ago | Simply Wall St
Is Molson Coors Canada Inc. (TSE:TPX.B) A Good Dividend Stock?2 months ago | Simply Wall St
Calculating The Fair Value Of Molson Coors Canada Inc. (TSE:TPX.B)Valuation
Is Molson Coors Canada undervalued compared to its fair value and its price relative to the market?
0.16x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: TPX.B (CA$54.09) is trading above our estimate of fair value (CA$20.41)
Significantly Below Fair Value: TPX.B is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TPX.B is unprofitable, so we can't compare its PE Ratio to the Beverage industry average.
PE vs Market: TPX.B is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TPX.B's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TPX.B is good value based on its PB Ratio (0.2x) compared to the CA Beverage industry average (1.4x).
Next Steps
Future Growth
How is Molson Coors Canada forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
13.0%
Forecasted Food, Beverage & Tobacco industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Molson Coors Canada has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Take a look at our analysis of TPX.B’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Molson Coors Canada competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Food, Beverage & Tobacco industry.
Past Performance
How has Molson Coors Canada performed over the past 5 years?
-11.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TPX.B is currently unprofitable.
Growing Profit Margin: TPX.B is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TPX.B is unprofitable, and losses have increased over the past 5 years at a rate of -11.3% per year.
Accelerating Growth: Unable to compare TPX.B's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TPX.B is unprofitable, making it difficult to compare its past year earnings growth to the Beverage industry (5.5%).
Return on Equity
High ROE: TPX.B has a negative Return on Equity (-14.98%), as it is currently unprofitable.
Next Steps
Financial Health
How is Molson Coors Canada's financial position?
Financial Position Analysis
Short Term Liabilities: TPX.B's short term assets ($966.7M) do not cover its short term liabilities ($1.0B).
Long Term Liabilities: TPX.B's short term assets ($966.7M) do not cover its long term liabilities ($4.5B).
Debt to Equity History and Analysis
Debt Level: TPX.B's debt to equity ratio (83.4%) is considered high.
Reducing Debt: TPX.B's debt to equity ratio has reduced from 198.4% to 83.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable TPX.B has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TPX.B is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 13.6% per year.
Next Steps
Dividend
What is Molson Coors Canada's current dividend yield, its reliability and sustainability?
5.26%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TPX.B's dividend (5.26%) is higher than the bottom 25% of dividend payers in the Canadian market (2.04%).
High Dividend: TPX.B's dividend (5.26%) is low compared to the top 25% of dividend payers in the Canadian market (6.51%).
Stability and Growth of Payments
Stable Dividend: TPX.B has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TPX.B's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: TPX.B is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
CEO
Frederic Landtmeters (45yo)
3.67yrs
Tenure
Mr. Frederic Landtmeters has been Chief Executive Officer and President of Molson Coors Canada Inc. at Molson Coors Beverage Company (formerly known as Molson Coors Brewing Company) since October 14, 2016 ...
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Molson Coors Canada Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Molson Coors Canada Inc.
- Ticker: TPX.B
- Exchange: TSX
- Founded: 1786
- Industry: Brewers
- Sector: Food, Beverage & Tobacco
- Market Cap: CA$946.781m
- Shares outstanding: 17.55m
- Website: https://www.molsoncoors.com
Location
- Molson Coors Canada Inc.
- 1555 Notre Dame Street East
- Montreal
- Quebec
- H2L 2R5
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| TPX.A | TSX (The Toronto Stock Exchange) | Class A Exchangeable Shares | CA | CAD | Feb 2005 | |
| TPX.B | TSX (The Toronto Stock Exchange) | Yes | Class B Exchangeable Shares | CA | CAD | Feb 2005 |
| MXGB.F | OTCPK (Pink Sheets LLC) | Yes | Class B Exchangeable Shares | US | USD | Feb 2005 |
Biography
Molson Coors Canada Inc. brews, markets, sells, and distributes various beer brands in Canada. The company’s beer brands include Blue Moon, Coors Banquet, Coors Light, Miller Genuine Draft, Miller Lite, Staropramen, Carling, Molson Canadian, Creemore Springs, Cobra, Doom Bar, Henry's Hard, and Leinenkugel's. It sells its products to bars, restaurants, convenience stores, grocery stores, liquor stores, and other specialty retail outlets. The company was founded in 1786 and is headquartered in Montreal, Canada. Molson Coors Canada Inc. operates as a subsidiary of Molson Coors Beverage Company
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/06/01 04:31 |
| End of Day Share Price | 2020/05/29 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.