Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products in the United States, Canada, Europe, and internationally. More Details
Very undervalued with moderate growth potential.
Share Price & News
How has Molson Coors Beverage's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TAP is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: TAP's weekly volatility (6%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: TAP underperformed the US Beverage industry which returned 6.4% over the past year.
Return vs Market: TAP underperformed the US Market which returned 20.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Molson Coors Beverage's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StMolson Coors Beverage Company (NYSE:TAP) Insiders Increased Their Holdings
3 weeks ago | Simply Wall StMolson Coors Beverage Company Just Recorded A 46% EPS Beat: Here's What Analysts Are Forecasting Next
3 months ago | Simply Wall StReflecting on Molson Coors Beverage's (NYSE:TAP) Share Price Returns Over The Last Three Years
Is Molson Coors Beverage undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TAP ($46.8) is trading below our estimate of fair value ($92.14)
Significantly Below Fair Value: TAP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TAP is good value based on its PE Ratio (17.4x) compared to the US Beverage industry average (29.3x).
PE vs Market: TAP is good value based on its PE Ratio (17.4x) compared to the US market (19.7x).
Price to Earnings Growth Ratio
PEG Ratio: TAP is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: TAP is good value based on its PB Ratio (0.8x) compared to the US Beverage industry average (5.3x).
How is Molson Coors Beverage forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TAP's forecast earnings growth (22.3% per year) is above the savings rate (2.2%).
Earnings vs Market: TAP's earnings (22.3% per year) are forecast to grow faster than the US market (22% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TAP's revenue (2% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: TAP's revenue (2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TAP's Return on Equity is forecast to be low in 3 years time (6.1%).
How has Molson Coors Beverage performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TAP has a large one-off loss of $292.9M impacting its September 30 2020 financial results.
Growing Profit Margin: TAP's current net profit margins (5.9%) are higher than last year (1.5%).
Past Earnings Growth Analysis
Earnings Trend: TAP's earnings have declined by 11.5% per year over the past 5 years.
Accelerating Growth: TAP's earnings growth over the past year (277.2%) exceeds its 5-year average (-11.5% per year).
Earnings vs Industry: TAP earnings growth over the past year (277.2%) exceeded the Beverage industry 16.3%.
Return on Equity
High ROE: TAP's Return on Equity (4.3%) is considered low.
How is Molson Coors Beverage's financial position?
Financial Position Analysis
Short Term Liabilities: TAP's short term assets ($2.6B) do not cover its short term liabilities ($4.3B).
Long Term Liabilities: TAP's short term assets ($2.6B) do not cover its long term liabilities ($10.6B).
Debt to Equity History and Analysis
Debt Level: TAP's debt to equity ratio (62.2%) is considered high.
Reducing Debt: TAP's debt to equity ratio has increased from 41.3% to 62.2% over the past 5 years.
Debt Coverage: TAP's debt is well covered by operating cash flow (24.5%).
Interest Coverage: TAP's interest payments on its debt are well covered by EBIT (5.4x coverage).
What is Molson Coors Beverage current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TAP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TAP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TAP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TAP's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: TAP is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TAP's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Gavin D. Hattersley (57 yo)
Mr. Gavin D. K. Hattersley has been the Chief Executive Officer at MillerCoors LLC since September 8, 2015 and has been its President since July 1, 2016. Mr. Hattersley served as Interim Chief Executive Of...
CEO Compensation Analysis
Compensation vs Market: Gavin D.'s total compensation ($USD5.23M) is below average for companies of similar size in the US market ($USD10.83M).
Compensation vs Earnings: Gavin D.'s compensation has increased by more than 20% in the past year.
|Chief Financial Officer||4yrs||US$2.74m||0.0075% |
|Chief Legal & Government Affairs Officer and Secretary||2.75yrs||US$1.78m||0.0067% |
|Chief Marketing Officer||1yr||US$3.68m||no data|
|President & CEO of Molson Coors Europe||5.83yrs||US$2.02m||0.010% |
|Chief People and Diversity Officer||1yr||no data||no data|
|President of U.S. Sales||1yr||no data||no data|
|Chief Supply Chain Officer||1yr||no data||no data|
|President of Emerging Growth||1yr||no data||0.0090% |
|Chief Communications & Corporate Affairs Officer||1yr||no data||no data|
|Chief Strategy Officer||1yr||no data||no data|
|VP & Controller||6.75yrs||no data||0.0014% |
Experienced Management: TAP's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
|Independent Director||15.75yrs||US$297.84k||0.010% |
|Vice Chairman of the Board||1.5yrs||US$347.04k||0.28% |
|Independent Director||12.33yrs||US$290.07k||0.0073% |
|Independent Director||15.75yrs||US$287.75k||0.014% |
|Independent Director||8.75yrs||US$261.82k||0.0054% |
|Independent Director||8.5yrs||US$289.20k||0.0041% |
|Chairman of the Board||1.5yrs||US$311.68k||0.0024% |
|Independent Director||5.42yrs||US$257.04k||0.0015% |
|Independent Director||8.42yrs||US$300.34k||0.0050% |
|Director||0.50yr||no data||0.023% |
Experienced Board: TAP's board of directors are considered experienced (8.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TAP insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Molson Coors Beverage Company's company bio, employee growth, exchange listings and data sources
- Name: Molson Coors Beverage Company
- Ticker: TAP
- Exchange: NYSE
- Founded: 1873
- Industry: Brewers
- Sector: Food, Beverage & Tobacco
- Market Cap: US$10.160b
- Shares outstanding: 216.68m
- Website: https://www.molsoncoors.com
Number of Employees
- Molson Coors Beverage Company
- 1801 California Street
- Suite 4600
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TAP||NYSE (New York Stock Exchange)||Yes||Class B Common Stock||US||USD||Jun 1975|
|NY7||DB (Deutsche Boerse AG)||Yes||Class B Common Stock||DE||EUR||Jun 1975|
|NY7||BST (Boerse-Stuttgart)||Yes||Class B Common Stock||DE||EUR||Jun 1975|
|0K2K||LSE (London Stock Exchange)||Yes||Class B Common Stock||GB||USD||Jun 1975|
|TAP1 *||BMV (Bolsa Mexicana de Valores)||Yes||Class B Common Stock||MX||MXN||Jun 1975|
|TAP.A||NYSE (New York Stock Exchange)||Class A Common Stock||US||USD||Feb 2005|
|M1CB34||BOVESPA (Bolsa de Valores de Sao Paulo)||BDR EACH 1 REPR 1 SHS UNSPON||BR||BRL||Jan 2020|
Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products in the United States, Canada, Europe, and internationally. The company sells various products under the ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/28 23:08|
|End of Day Share Price||2020/11/27 00:00|
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.