Molson Coors Beverage Co. Cl B (TAP): Price and Financial Metrics

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TAP Price/Volume Stats

Molson Coors Beverage Co. Cl B (TAP) Company Bio

Molson Coors Beverage Co. is a holding company, which engages in the provision of beer. It operates through the following segments: United States, Canada, Europe, International, and Corporate. The United States segment consists of production, marketing and sales of its brands, and other owned and licensed brands in the United States. The Canada segment includes production, marketing and sales of its brands, and other owned and licensed brands in Canada. The Europe segment comprises of production, marketing and sales of its brands as well as a number of regional brands in the United Kingdom, Republic of Ireland, and Central Europe. The International segment focuses its operations on Latin America, Europe, Asia Pacific, and Africa. The Corporate segment represents interest and certain other general and administrative costs that are not allocated to any of the operating segments. It operates under the brands Blue Moon, Coors Banquet, Coors Light, Miller Genuine Draft, Miller Lite, taropramen, Carling, Molson Canadian, Creemore Springs, Cobra, Doom Bar, Henry's Hard and Leinenkugel's. The company was founded in 1786 and is headquartered in Denver, CO.

TAP Price Forecast Based on DCF Valuation

The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Molson Coors Beverage Co. To summarize, we found that Molson Coors Beverage Co ranked in the 43th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 36%. The most interesting components of our discounted cash flow analysis for Molson Coors Beverage Co ended up being:

• 60% of the company's capital comes from equity, which is greater than just 23.36% of stocks in our cash flow based forecasting set.
• Molson Coors Beverage Co's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -0.32. This coverage rate is greater than that of only 23.77% of stocks we're observing for the purpose of forecasting via discounted cash flows.
• As a business, Molson Coors Beverage Co experienced a tax rate of about 129% over the past twelve months; relative to its sector (Consumer Defensive), this tax rate is higher than 97.18% of stocks generating free cash flow.

For other companies in the Consumer Defensive that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as TAP, try CLX, USNA, CCEP, MENB, and INGR.