Monster Beverage Corp

  • Earnings Score
  • Moat Score
  • Safety Score
  • Final Score
  • Market Cap $50.83B
  • PE 32
  • Debt $750.00M
  • Cash $1.63B
  • EV $49.95B
  • FCF $1.62B

Earnings

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Sales & Net Margins

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Earnings$1.61B
EBIT$2.05B
ROE28%
ROA25%
FCF$1.62B
Equity$5.78B
Growth Stability92%
PE31.66
PEG4.66
PB8.8
P/FCF31.43
P/S6.86
Price/Cash0.03
Debt/Equity0.13
Debt/FCF0.46
Net Margins22%
Gross Margins54%
Op. Margins28%
Earnings CAGR12%
Sales Growth YoY1%
Sales Growth QoQ-1%
Sales CAGR13%
FCF CAGR7%
Equity CAGR11%
Earnings Stability0.89
Earnings Growth YoY-18%
Earnings Growth QoQ-13%
Earnings CAGR 5Y7%
Sales CAGR 5Y14%
FCF CAGR 5Y6%
Equity CAGR 5Y13%
Earnings CAGR 3Y11%
Sales CAGR 3Y11%
FCF CAGR 3Y35%
Equity CAGR 3Y0%
Market Cap$50.83B
Revenue$7.41B
Assets$8.05B
Total Debt$750.00M
Cash$1.63B
Shares Outstanding972.45M
EV49.95B
Earnings Score94%
Moat Score97%
Safety Score97%
Final Score96%
Working Capital2.65B
Current Ratio3.13
Gross Profit$3.98B
Shares Growth 3y-2%
Equity Growth QoQ-1%
Equity Growth YoY-27%

Assets & ROA

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Stockholders Equity & ROE

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Monster Beverage is a leader in the energy drink subsegment of the beverage industry. The Monster trademark anchors the portfolio, and notable offerings include Monster Energy and Monster Ultra. The firm has also started to incubate new trademarks for emerging enclaves of the energy space, like Reign in performance energy. It is primarily a brand owner, outsourcing most of its manufacturing processes to third-party copackers. It primarily uses the Coca-Cola bottling system for distribution after a strategic agreement in which Coke became Monster's largest shareholder (roughly 19%) and that also included the exchange of certain businesses between the two firms. Most of Monster's revenue is generated in the United States, though international geographies are increasing in the mix.

SEC Filings

Direct access to Monster Beverage Corp (MNST) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

  • 2024
    • 10-Q Sep 30
    • 10-Q Jun 30
    • 10-Q Mar 31
  • 2023
    • 10-K Dec 31
    • 10-Q Sep 30
    • 10-Q Jun 30
    • 10-Q Mar 31
  • 2022
    • 10-K Dec 31
    • 10-Q Sep 30
    • 10-Q Jun 30
    • 10-Q Mar 31

Sector Comparison

How does Monster Beverage Corp compare to its competitors?

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Peter Lynch's Chart

This chart shows the current pricing of Monster Beverage Corp compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

CAGR 12%
Stability 89%
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Monster Beverage Corp Discounted Cash Flow

Fully customizable DCF calculator online for Monster Beverage Corp.

= $27B
012345678910TV
fcf$1.6B$1.7B$1.9B$2B$2.2B$2.3B$2.5B$2.7B$2.9B$3.1B$3.3B$33B
DCF$1.6B$1.5B$1.5B$1.5B$1.4B$1.4B$1.4B$1.3B$1.3B$1.3B$13B
Value$27B

Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years12/201412/201512/201612/201712/201812/201912/202012/202112/202212/2023TTM
Net Margins20%20%23%24%26%26%31%25%19%23%22%
ROA-16%26%25%29%27%26%23%19%21%25%
ROE-11%21%21%28%27%27%21%17%20%28%

Safety and Stability

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years12/201412/201512/201612/201712/201812/201912/202012/202112/202212/2023TTM
Debt over FCF---------00.46
Debt over Equity---------00.13
Growth Stability---100%100%100%100%100%92%100%92%

Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years12/201412/201512/201612/201712/201812/201912/202012/202112/202212/2023CAGR 5Y
Revenue YoY growth-10%12%10%13%10%9%20%14%13%14%
Earnings YoY growth-13%30%15%21%12%27%-2%-13%37%7%
Equity YoY growth-217%-31%17%-7%16%24%27%7%17%13%
FCF YoY growth--13%23%50%22%-8%30%-15%-37%114%6%