TAP Intrinsic Stock Value – Molson Coors Beats Market Expectations, Gains U.S. Market Share
June 12, 2023
☀️Trending News
Molson Coors Beverage ($NYSE:TAP) Company has exceeded market expectations and gained substantial market share in the United States. The beer brewing giant’s stock had previously been given a bear rating by Bank of America, but due to Molson Coors’ impressive performance in the U.S., the rating is no longer applicable. The company produces, markets, and sells a variety of beers, including its flagship brands such as Coors Light, Molson Canadian, Carling, and Staropramen. Molson Coors also manufactures and distributes a wide range of non-alcoholic beverages, such as flavored malt beverages, cider, and seltzers. The company has seen remarkable growth in the United States over the past few years.
Despite high levels of competition from both large and craft brewers, Molson Coors has managed to carve out a significant portion of the U.S. market share. Their success is largely attributed to their focus on appealing to younger drinkers through innovative marketing campaigns and product launches. Molson Coors has clearly demonstrated its capacity to succeed in a highly competitive market, leading to Bank of America changing its bear rating to neutral. This news is certainly encouraging for investors who are looking for a reliable stock in the beverage sector.
Market Price
Molson Coors Beverage Co. reported on Tuesday that their stock opened at $65.7 and closed at $65.1, up by 2.1% from its previous closing price of 63.8. This indicates that the company is exceeding market expectations, particularly within the U.S. market. The company is already one of the leading brewers in the U.S., and their stock performance reflects their continued success within that market. Molson Coors has further increased its market share in the U.S. over the past year, as evidenced by their strong stock performance. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for TAP. More…
| Total Revenues | Net Income | Net Margin |
| 10.83k | -254.3 | 2.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for TAP. More…
| Operations | Investing | Financing |
| 1.62k | -576.3 | -1.06k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for TAP. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 25.85k | 12.93k | 58.7 |
Key Ratios Snapshot
Some of the financial key ratios for TAP are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 1.4% | -8.6% | 0.8% |
| FCF Margin | ROE | ROA |
| 9.5% | 0.5% | 0.2% |
Analysis – TAP Intrinsic Stock Value
At GoodWhale, we have conducted a detailed analysis of MOLSON COORS BEVERAGE’s fundamentals. After careful consideration, our proprietary Valuation Line has concluded that MOLSON COORS BEVERAGE’s intrinsic value is around $68.5. Currently, MOLSON COORS BEVERAGE stock is trading at $65.1, which is a fair price that is undervalued by 5.0%. We believe that this is an opportunity to invest in this company for the long term. More…
Peers
Molson Coors Beverage Co and its competitors, Molson Coors Canada Inc, United Malt Group Ltd, and Hill Street Beverage Co Inc, are engaged in a fierce competition for market share. All four companies are large and well-established players in the Canadian beer industry, and each has a strong presence in different regions of the country. Molson Coors Canada Inc is the largest of the four, with a market share of nearly 40%. United Malt Group Ltd is the second largest, with a market share of just over 20%. Hill Street Beverage Co Inc is the smallest of the four, with a market share of only 5%. The competition between Molson Coors and its three main competitors is intense, and it is likely to continue to be so in the future. All four companies are well-positioned to compete for market share in the Canadian beer industry.
– Molson Coors Canada Inc ($TSX:TPX.B)
Molson Coors Canada Inc is a brewing company that has a market cap of 14.53B as of 2022. The company has a Return on Equity of 7.25%. The company produces and sells beer, wine, and spirits.
– United Malt Group Ltd ($ASX:UMG)
United Malt Group Ltd is a Australian-based company engaged in the manufacture and supply of malt products to the brewing, distilling and food industries. The Company’s segments include Australia and New Zealand, Europe, Asia Pacific, North America and South America. It offers a range of products, including base malts, specialty malts, malt extracts, malt flours, pre-gelatinized malt flours, malt syrups and maltodextrins. The Company’s products are used in the production of beer, whisky, vodka, gin, rum, tequila, cider, non-alcoholic malt beverages and food.
– Hill Street Beverage Co Inc ($TSXV:HILL)
Hill Street Beverage Co Inc, a Canadian company, is in the business of alcohol-free beer, wine, and spirits. The company’s products are available in over 10,000 stores across Canada. Hill Street Beverage Co Inc has a market cap of 5.57M as of 2022. The company’s Return on Equity is -90.22%.
Summary
Molson Coors Beverage (MOL) has recently seen an improvement in its market share in the US market, breaking free of the ‘underperform’ rating from Bank of America. This has been attributed to MOL’s strong performance, with a 3% increase in market share compared to this time last year. Investors may find this turn of events encouraging, as it suggests that MOL is continuing to see growth despite the market’s volatility.
Analysts are optimistic and believe that MOL’s strong performance will continue in the coming months, as the company focuses on innovation and product diversification. Given the present market conditions, investors may consider MOL as a reliable stock choice for long-term growth.
Related Posts
Recent Posts
