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MNST

Monster BeverageNasdaqGS:MNST Stock Report

Market Cap

US$45.0b

7D

-3.3%

1Y

6.0%

Updated

19 Oct, 2021

Data

Company Financials +
MNST fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance6/6
Financial Health6/6
Dividends0/6

MNST Overview

Monster Beverage Corporation, through its subsidiaries, develops, markets, sells, and distributes energy drink beverages and concentrates in the United States and internationally.

Monster Beverage Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Monster Beverage
Historical stock prices
Current Share PriceUS$85.00
52 Week HighUS$75.45
52 Week LowUS$99.89
Beta1.12
1 Month Change-10.19%
3 Month Change-8.95%
1 Year Change5.99%
3 Year Change61.47%
5 Year Change70.22%
Change since IPO203,903.26%

Recent News & Updates

Oct 03

Monster Beverage: U.S. Share Need Not Increase

Monster’s asset-light business model allows it to grow quickly. The opportunity for international growth is still massive. The U.S. energy beverage market should continue growing nicely such that Monster will do fine without the need to increase share.

Sep 26
If You Like EPS Growth Then Check Out Monster Beverage (NASDAQ:MNST) Before It's Too Late

If You Like EPS Growth Then Check Out Monster Beverage (NASDAQ:MNST) Before It's Too Late

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

Sep 13
Why Monster Beverage Corporation (NASDAQ:MNST) Could Be Worth Watching

Why Monster Beverage Corporation (NASDAQ:MNST) Could Be Worth Watching

Today we're going to take a look at the well-established Monster Beverage Corporation ( NASDAQ:MNST ). The company's...

Aug 05
A Look At The Intrinsic Value Of Monster Beverage Corporation (NASDAQ:MNST)

A Look At The Intrinsic Value Of Monster Beverage Corporation (NASDAQ:MNST)

How far off is Monster Beverage Corporation ( NASDAQ:MNST ) from its intrinsic value? Using the most recent financial...

Shareholder Returns

MNSTUS BeverageUS Market
7D-3.3%0.3%4.0%
1Y6.0%11.5%30.5%

Return vs Industry: MNST underperformed the US Beverage industry which returned 11.4% over the past year.

Return vs Market: MNST underperformed the US Market which returned 30% over the past year.

Price Volatility

Is MNST's price volatile compared to industry and market?
MNST volatility
MNST Beta1.12
Industry Beta0.74
Market Beta1

Stable Share Price: MNST is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: MNST's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19903,340Rodney Sackshttps://www.monsterbevcorp.com

Monster Beverage Corporation, through its subsidiaries, develops, markets, sells, and distributes energy drink beverages and concentrates in the United States and internationally. It operates through three segments: Monster Energy Drinks, Strategic Brands, and Other. The company offers carbonated energy drinks, non-carbonated dairy based coffee and energy drinks, non-carbonated energy teas and shakes, non-carbonated energy drinks, and ready-to-drink packaged energy drinks primarily to bottlers and beverage distributors, as well as sells directly to retail grocery and specialty chains, wholesalers, club stores, mass merchandisers, convenience chains, drug stores, foodservice customers, value stores, e-commerce retailers, and the military; and concentrates and/or beverage bases to bottling and canning operations.

Monster Beverage Fundamentals Summary

How do Monster Beverage's earnings and revenue compare to its market cap?
MNST fundamental statistics
Market CapUS$44.96b
Earnings (TTM)US$1.54b
Revenue (TTM)US$5.15b

29.2x

P/E Ratio

8.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MNST income statement (TTM)
RevenueUS$5.15b
Cost of RevenueUS$2.17b
Gross ProfitUS$2.98b
ExpensesUS$1.44b
EarningsUS$1.54b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)2.91
Gross Margin57.86%
Net Profit Margin29.88%
Debt/Equity Ratio0%

How did MNST perform over the long term?

See historical performance and comparison

Valuation

Is Monster Beverage undervalued compared to its fair value and its price relative to the market?

25.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: MNST ($85) is trading below our estimate of fair value ($114.21)

Significantly Below Fair Value: MNST is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: MNST is good value based on its PE Ratio (29.2x) compared to the US Beverage industry average (30x).

PE vs Market: MNST is poor value based on its PE Ratio (29.2x) compared to the US market (18.1x).


Price to Earnings Growth Ratio

PEG Ratio: MNST is poor value based on its PEG Ratio (3x)


Price to Book Ratio

PB vs Industry: MNST is overvalued based on its PB Ratio (7.6x) compared to the US Beverage industry average (4.1x).


Future Growth

How is Monster Beverage forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?

9.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MNST's forecast earnings growth (9.9% per year) is above the savings rate (2%).

Earnings vs Market: MNST's earnings (9.9% per year) are forecast to grow slower than the US market (15.1% per year).

High Growth Earnings: MNST's earnings are forecast to grow, but not significantly.

Revenue vs Market: MNST's revenue (9.6% per year) is forecast to grow slower than the US market (9.9% per year).

High Growth Revenue: MNST's revenue (9.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MNST's Return on Equity is forecast to be high in 3 years time (25.3%)


Past Performance

How has Monster Beverage performed over the past 5 years?

15.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MNST has high quality earnings.

Growing Profit Margin: MNST's current net profit margins (29.9%) are higher than last year (26.6%).


Past Earnings Growth Analysis

Earnings Trend: MNST's earnings have grown by 15.9% per year over the past 5 years.

Accelerating Growth: MNST's earnings growth over the past year (34.5%) exceeds its 5-year average (15.9% per year).

Earnings vs Industry: MNST earnings growth over the past year (34.5%) exceeded the Beverage industry 27.6%.


Return on Equity

High ROE: MNST's Return on Equity (26%) is considered high.


Financial Health

How is Monster Beverage's financial position?


Financial Position Analysis

Short Term Liabilities: MNST's short term assets ($4.0B) exceed its short term liabilities ($887.5M).

Long Term Liabilities: MNST's short term assets ($4.0B) exceed its long term liabilities ($278.5M).


Debt to Equity History and Analysis

Debt Level: MNST is debt free.

Reducing Debt: MNST currently has no debt however we can't compare to 5 years ago as we have no data for that period.

Debt Coverage: MNST has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: MNST has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Monster Beverage current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate MNST's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate MNST's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if MNST's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MNST's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of MNST's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.8yrs

Average management tenure


CEO

Rodney Sacks (71 yo)

0.75

Tenure

US$15,563,685

Compensation

Mr. Rodney Cyril Sacks, H.Dip.Law, H.Dip.Tax has been the Chairman at Monster Beverage Corporation (formerly, Hansen Natural Corporation) since November 1990 and also serves as its Co-Chief Executive Offic...


CEO Compensation Analysis

Compensation vs Market: Rodney's total compensation ($USD15.56M) is above average for companies of similar size in the US market ($USD11.18M).

Compensation vs Earnings: Rodney's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: MNST's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: MNST's board of directors are considered experienced (7.6 years average tenure).


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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Monster Beverage Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Monster Beverage Corporation
  • Ticker: MNST
  • Exchange: NasdaqGS
  • Founded: 1990
  • Industry: Soft Drinks
  • Sector: Food, Beverage & Tobacco
  • Market Cap: US$44.955b
  • Shares outstanding: 528.89m
  • Website: https://www.monsterbevcorp.com

Number of Employees


Location

  • Monster Beverage Corporation
  • 1 Monster Way
  • Corona
  • California
  • 92879
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 23:37
End of Day Share Price2021/10/19 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.