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Molson Coors Brewing Co Stock Research

TAP

51.48USD-0.58(-1.11%)Market Closed

Market Summary

USD51.48-0.58
Market Closed
-1.11%

TAP Alerts

TAP Stock Price

TAP RSI Chart

TAP Valuation

Market Cap

11.2B

Price/Earnings (Trailing)

-63.67

Price/Sales (Trailing)

0.87

EV/EBITDA

19.49

Price/Free Cashflow

7.43

TAP Price/Sales (Trailing)

TAP Profitability

EBT Margin

-0.49%

Return on Equity

-1.38%

Return on Assets

-0.68%

Free Cashflow Yield

13.46%

TAP Fundamentals

TAP Revenue

Revenue (TTM)

12.8B

Revenue Y/Y

-1.53%

Revenue Q/Q

-10.58%

TAP Earnings

Earnings (TTM)

-175.3M

Earnings Y/Y

-838.13%

Earnings Q/Q

-372.87%

Price Action

52 Week Range

46.6960.12
(Low)(High)

Last 7 days

-4.2%

Last 30 days

0.2%

Last 90 days

0.6%

Trailing 12 Months

3.1%

TAP Financial Health

Current Ratio

0.78

Debt/Equity

0.51

Debt/Cashflow

0.23

TAP Investor Care

Dividend Yield

2.97%

Dividend/Share (TTM)

1.52

Buy Backs (1Y)

0.18%

Peers (Alternatives to Molson Coors Brewing)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
260.8B
43.0B
-0.28% 3.56%
27.33
6.06
11.25% -2.34%
243.6B
86.4B
-0.64% 11.86%
27.34
2.82
8.70% 16.96%
147.9B
80.7B
-7.26% 8.04%
16.34
1.83
-1.89% -0.67%
54.0B
6.3B
-1.79% 36.32%
45.32
8.56
13.89% -13.49%
49.4B
14.1B
-2.08% -5.00%
34.43
3.52
10.83% -33.08%
11.2B
12.8B
0.17% 3.10%
-63.67
0.87
2.87% -117.43%
MID-CAP
6.5B
653.6M
-14.69% 85.35%
-34.74
9.95
107.97% -4902.10%
3.9B
2.2B
-15.87% -12.12%
57.73
1.75
1.18% 362.19%
2.1B
782.4M
-3.56% 16.91%
18.89
2.63
24.83% 19.88%
SMALL-CAP
365.3M
50.8M
3480.11% 988.71%
-20.12
7.19
6.92% -22.73%
23.4M
73.3M
-28.89% -79.55%
-0.76
0.32
32.40% 6.88%
4.9M
1.2B
11.94% 26.39%
0.03
0
4.98% -14.14%
12.0M
67.9M
-13.15% -51.44%
30.49
0.18
6.35% -24.82%

Financials for Molson Coors Brewing

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue-0.4%12,80812,85712,77512,83712,450
Gross Profit1.9%3,6553,5893,7994,2504,053
  S&GA Expenses-3.3%2,6192,7082,7132,6872,555
EBITDA-44.1%8731,5611,8032,3022,285
EBITDA Margin-43.9%0.07*0.12*0.14*0.18*0.18*
Earnings Before Taxes-110.2%-62.506118191,2861,239
EBT Margin-110.3%0.00*0.05*0.06*0.10*0.10*
Interest Expenses-0.6%251252256258260
Net Income-135.4%-1754957321,0731,006
Net Income Margin-135.5%-0.01*0.04*0.06*0.08*0.08*
Free Cahsflow5.5%1,5021,4231,4921,6451,574
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets-3.1%25,86826,70927,38827,72227,619
  Current Assets-4.1%2,6382,7492,8722,8712,779
    Cash Equivalents14.2%600525442359637
  Inventory-8.5%793867872936805
  Goodwill-13.7%5,2926,1336,1496,1556,153
Liabilities-2.7%12,95313,31213,78513,95113,955
  Current Liabilities-6.0%3,3753,5913,5143,5553,622
  Long Term Debt-1.7%6,4516,5657,1397,155-
    LT Debt, Non Current1.4%6,1656,0836,5586,6326,647
Shareholder's Equity-3.6%12,69013,17013,60313,77113,417
  Retained Earnings-8.9%6,8947,5677,4347,4707,402
  Additional Paid-In Capital0.2%7,0066,9946,9846,9766,971
Accumulated Depreciation-3,507----
Shares Outstanding-0.1%217217217--
Minority Interest-0.3%226226230239247
Cashflow (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations5.5%1,5021,4231,4921,6451,574
  Share Based Compensation1.5%34.0033.0033.0032.0032.00
Cashflow From Investing5.5%-625-661-679-651-509
Cashflow From Financing-11.8%-889-795-1,638-1,144-1,172
  Dividend Payments2.6%329321313230148
  Buy Backs32.7%52.0039.0026.0014.000.00

Risks for TAP

What is the probability of a big loss on TAP?

88.1%


Probability that Molson Coors Brewing stock will be more than 20% underwater in next one year

36.1%


Probability that Molson Coors Brewing stock will be more than 30% underwater in next one year.

8.1%


Probability that Molson Coors Brewing stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does TAP drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Molson Coors Brewing was unfortunately bought at previous high price.

Drawdowns

Returns for TAP

Cumulative Returns on TAP

2.8%


10-Year Cumulative Returns

-6.2%


7-Year Cumulative Returns

-6.5%


5-Year Cumulative Returns

8%


3-Year Cumulative Returns

What are the long-term rolling returns for TAP?

FIve years rolling returns for Molson Coors Brewing.

Annualized Returns

Which funds bought or sold TAP recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
7.09
2,833,520
21,769,500
0.02%
2023-03-06
Rockefeller Capital Management L.P.
added
30.13
305,000
1,075,000
-%
2023-03-02
OLIVER LAGORE VANVALIN INVESTMENT GROUP
unchanged
-
461
5,461
-%
2023-02-28
Voya Investment Management LLC
added
4.79
392,387
3,531,390
-%
2023-02-24
NATIXIS
reduced
-94.12
-583,742
39,258
-%
2023-02-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
61,000
886,000
0.01%
2023-02-21
KB FINANCIAL PARTNERS, LLC
added
0.96
42,000
539,000
0.18%
2023-02-21
NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC
reduced
-15.72
-31,444
303,556
0.01%
2023-02-21
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
reduced
-3.18
35,163
935,163
-%
2023-02-21
MACQUARIE GROUP LTD
added
1.39
401,348
4,940,350
0.01%

1–10 of 46

Latest Funds Activity

Are funds buying TAP calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own TAP
No. of Funds

Molson Coors Brewing News

DirectorsTalk Interviews

Molson Coors Beverage Company - Consensus Indicates Potential ....

DirectorsTalk Interviews,
3 days ago

Investing.com UK

Pittsburgh Post-Gazette

Yahoo Finance

The Indian Express

Three cheers to craft beer in Chandigarh.

The Indian Express,
3 months ago

Schedule 13G FIlings of Molson Coors Brewing

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
dodge & cox
13.5%
27,087,904
SC 13G/A
Feb 09, 2023
vanguard group inc
10.90%
21,825,412
SC 13G/A
Feb 03, 2023
blackrock inc.
7.9%
15,911,020
SC 13G/A
Feb 14, 2022
dodge & cox
15.3%
30,615,810
SC 13G/A
Feb 10, 2022
vanguard group inc
10.02%
20,094,866
SC 13G/A
Feb 01, 2022
blackrock inc.
9.0%
18,003,081
SC 13G/A
Dec 09, 2021
vanguard group inc
10.03%
20,127,537
SC 13G/A
Feb 11, 2021
dodge & cox
14.8%
29,588,242
SC 13G/A
Feb 10, 2021
vanguard group inc
9.59%
19,211,272
SC 13G/A
Jan 29, 2021
blackrock inc.
7.3%
14,698,818
SC 13G/A

TAP Fair Value

Molson Coors Brewing fair value in different scenarios

The table shows the Fair Value estimates for Molson Coors Brewing for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

28.97

-43.73%

36.85

-28.42%

51.09

-0.76%

98.00

90.37%

151.57

194.43%
Current Inflation

50.43

-2.04%

59.51

15.60%

91.87

78.46%

193.68

276.22%

361.42

602.06%
Very High Inflation

26.96

-47.63%

32.24

-37.37%

41.79

-18.82%

74.18

44.09%

110.44

114.53%

Historical Molson Coors Brewing Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Molson Coors Brewing

View All Filings
Date Filed Form Type Document
Mar 06, 2023
4
Insider Trading
Mar 06, 2023
4
Insider Trading
Mar 06, 2023
4
Insider Trading
Mar 06, 2023
4
Insider Trading
Mar 06, 2023
4
Insider Trading
Mar 06, 2023
4
Insider Trading
Mar 01, 2023
4
Insider Trading
Mar 01, 2023
4
Insider Trading
Mar 01, 2023
4
Insider Trading
Mar 01, 2023
4
Insider Trading

Latest Insider Trading transactions for TAP

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-02
St. Jacques Michelle
sold (taxes)
-81,891
53.28
-1,537
chief commercial officer
2023-03-02
Hattersley Gavin
sold (taxes)
-506,586
53.28
-9,508
president & ceo
2023-03-02
Coors David S.
sold (taxes)
-17,635
53.28
-331
-
2023-03-02
Yeskov Sergey
sold (taxes)
-1,225
53.28
-23.00
pres&ceo, molson coors europe
2023-03-02
Stelter Roxanne
sold (taxes)
-21,258
53.28
-399
vp,controller & chf acct off
2023-03-02
Joubert Tracey
sold (taxes)
-150,463
53.28
-2,824
chief financial officer
2023-02-27
Joubert Tracey
acquired
-
-
8,373
chief financial officer
2023-02-27
D'Angelo Anne-Marie W
acquired
-
-
4,466
chief legal & govt affairs off
2023-02-27
Yeskov Sergey
acquired
-
-
8,373
(pres&ceo, molson coors europe
2023-02-27
Stelter Roxanne
acquired
-
-
1,628
vp,controller & chf acct off

1–10 of 50

Gavin D. K. Hattersley
16300
Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products under various brands in the Americas, Europe, Middle East, Africa, and Asia Pacific. It offers flavored malt beverages, craft, and ready to drink beverages. The company was formerly known as Molson Coors Brewing Company and changed its name to Molson Coors Beverage Company in January 2020. Molson Coors Beverage Company was founded in 1774 and is based in Golden, Colorado.

TAP Income Statement

2022-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]   
Sales$ 12,807.5$ 12,449.9$ 11,723.8
Excise taxes(2,106.5)(2,170.2)(2,069.8)
Net sales10,701.010,279.79,654.0
Cost of goods sold(7,045.8)(6,226.3)(5,885.7)
Gross profit3,655.24,053.43,768.3
Marketing, general and administrative expenses(2,618.8)(2,554.5)(2,437.0)
Goodwill impairment(845.0)0.0(1,484.3)
Other operating income (expense), net(38.6)(44.5)(255.9)
Equity income (loss)4.70.00.0
Operating income (loss)157.51,454.4(408.9)
Interest expense(250.6)(260.3)(274.6)
Interest income4.32.03.3
Other pension and postretirement benefits (costs), net36.646.430.3
Other non-operating income (expense), net(10.3)(3.5)6.0
Total non-operating income (expense), net(220.0)(215.4)(235.0)
Income (loss) before income taxes(62.5)1,239.0(643.9)
Income tax benefit (expense)(124.0)(230.5)(301.8)
Net income (loss)(186.5)1,008.5(945.7)
Net (income) loss attributable to noncontrolling interests11.2(2.8)(3.3)
Net income (loss) attributable to Molson Coors Beverage Company$ (175.3)$ 1,005.7$ (949.0)
Basic net income (loss) attributable to Molson Coors Beverage Company per share:   
Basic (in dollars per share)$ (0.81)$ 4.63$ (4.38)
Diluted net income (loss) attributable to Molson Coors Beverage Company per share:   
Diluted (in dollars per share)$ (0.81)$ 4.62$ (4.38)
Weighted average shares outstanding, basic:   
Basic (in shares)216.9217.1216.8
Weighted average shares outstanding, diluted:   
Dilutive effect of share-based awards (in shares)0.00.50.0
Diluted (in shares)216.9217.6216.8

TAP Balance Sheet

2022-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current assets  
Cash and cash equivalents$ 600.0$ 637.4
Accounts and other receivables  
Trade, less allowance for doubtful accounts of $13.2 and $19.0, respectively739.8678.9
Other receivables126.4200.5
Inventories, less allowance for obsolete inventories of $41.1 and $25.8, respectively792.9804.7
Other current assets, net378.9457.2
Total current assets2,638.02,778.7
Properties, net4,222.84,192.4
Goodwill5,291.96,152.6
Other intangibles, net12,800.113,286.8
Other assets915.51,208.5
Total assets25,868.327,619.0
Current liabilities  
Accounts payable and other current liabilities2,978.33,107.3
Current portion of long-term debt and short-term borrowings397.1514.9
Total current liabilities3,375.43,622.2
Long-term debt6,165.26,647.2
Pension and postretirement benefits473.3654.4
Deferred tax liabilities2,646.42,704.6
Other liabilities292.8326.5
Total liabilities12,953.113,954.9
Commitments and contingencies (Note 13)
Capital stock  
Preferred stock, $0.01 par value (authorized: 25.0 shares; none issued)0.00.0
Paid-in capital7,006.46,970.9
Retained earnings6,894.17,401.5
Accumulated other comprehensive income (loss)(1,205.5)(1,006.0)
Class B common stock held in treasury at cost (10.5 shares and 9.5 shares, respectively)(522.9)(471.4)
Total Molson Coors Beverage Company stockholders' equity12,689.713,417.1
Noncontrolling interests225.5247.0
Total equity12,915.213,664.1
Total liabilities and equity25,868.327,619.0
Common Class A  
Capital stock  
Common stock issued0.00.0
Common Class B  
Capital stock  
Common stock issued2.12.1
Class A exchangeable shares  
Capital stock  
Exchangeable shares issued102.2102.2
Class B exchangeable shares  
Capital stock  
Exchangeable shares issued$ 413.3$ 417.8