Molson Coors Brewing Company Class B (TAP) Company Bio
Molson Coors Brewing manufactures and sells beer and other beverage products. The company sells its products under brands such as Coors Light, Heineken, Miller Genuine Draft, and more. The company was founded in 1786 and is based in Denver, Colorado.
TAP Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Molson Coors Beverage Co with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Molson Coors Beverage Co ranked in the 63th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 112% on a DCF basis. The most interesting components of our discounted cash flow analysis for Molson Coors Beverage Co ended up being:
47% of the company's capital comes from equity, which is greater than just 24.69% of stocks in our cash flow based forecasting set.
Molson Coors Beverage Co's effective tax rate, as measured by taxes paid relative to net income, is at 42 -- greater than 92.99% of US stocks with positive free cash flow.
Relative to other stocks in its sector (Consumer Defensive), Molson Coors Beverage Co has a reliance on debt greater than 84.55% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Consumer Defensive that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as TAP, try JBSS, FDP, SJM, STZ, and ACU.
Molson Coors Beverage Company (TAP) has inked an exclusive agreement with The Coca-Cola Company (KO) to manufacture, market, and distribute Topo Chico Hard Seltzer in the U.S. “Building on the incredibly successful launches of Vizzy and Coors Seltzer earlier this year, we are thrilled that Molson Coors will launch Topo...
Source: theshelbyreport.com Molson Coors (TAP) has been the worst performer among large breweries over the past 5 years, losing almost 60% of its value. Consolidation in the global beer industry has made it harder for the smaller player to compete successfully on a standalone basis, which made no exception for...
Vladimir Dimitrov, CFA on Seeking Alpha | September 29, 2020
(Bloomberg Opinion) -- The pandemic has given rise to some big changes in consumer behavior. We’re all familiar with the obvious ones by now, including more meals at home, fewer trips on airplanes and a dearth of reasons to buy high heels or suits. But after a batch of big-name consumer companies reported earnings in recent days, it’s become clear those changes were just the beginning.The Covid-19 situation has created a spider web of indirect, secondary shifts in shopping habits and consumer appetites that are just as consequential for brands and retailers as the bigger, broader trends. How companies respond will serve as a key test of their adaptability and creativity. Here are just a few examples: A Skincare Star Fades: In recent years, the upscale SK-II beauty brand has been a brigh...
Shares of Molson Coors Beverage (TAP) closed about 2% higher on Thursday after the company reported better-than-expected 2Q earnings results despite disruptions caused by COVID-19 pandemic. Its adjusted EPS increased 2% to $1.55 year-over-year and beat analysts’ estimates of $0.68.Revenues of $2.5 billion surpassed Street estimates of $2.45 billion but declined 15.1% year-over-year. The alcoholic beverage giant’s top-line results reflected a negative impact from closures of bars and restaurants due to coronavirus-led restrictions. As a result, Molson Coors registered a 12.5% year-over-year drop in volumes."Consumer demand has shifted in ways no one could have foreseen six months ago," commented CEO Gavin Hattersley. "When bars and restaurants were shuttered in the early p...