MOLSON COORS BEVERAGE CO - A (TAP.A) Stock Fundamental Analysis
NYSE:TAP.A - New York Stock Exchange, Inc. - US60871R1005 - Common Stock - Currency: USD
TAP.A gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 32 industry peers in the Beverages industry. While TAP.A is still in line with the averages on profitability rating, there are concerns on its financial health. TAP.A is valued quite cheap, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
TAP.A had positive earnings in the past year.
In the past year TAP.A had a positive cash flow from operations.
In multiple years TAP.A reported negative net income over the last 5 years.
TAP.A had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of TAP.A (3.99%) is comparable to the rest of the industry.
TAP.A has a Return On Equity of 7.91%. This is comparable to the rest of the industry: TAP.A outperforms 45.45% of its industry peers.
Looking at the Return On Invested Capital, with a value of 5.65%, TAP.A is doing worse than 66.67% of the companies in the same industry.
TAP.A had an Average Return On Invested Capital over the past 3 years of 5.01%. This is significantly below the industry average of 11.61%.
The 3 year average ROIC (5.01%) for TAP.A is below the current ROIC(5.65%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.99% | ||
| ROE | 7.91% | ||
| ROIC | 5.65% |
ROA(3y)2.41%
ROA(5y)1.48%
ROE(3y)4.79%
ROE(5y)2.84%
ROIC(3y)5.01%
ROIC(5y)4.84%
1.3 Margins
Looking at the Profit Margin, with a value of 9.14%, TAP.A is in the better half of the industry, outperforming 63.64% of the companies in the same industry.
TAP.A's Profit Margin has improved in the last couple of years.
With a decent Operating Margin value of 15.04%, TAP.A is doing good in the industry, outperforming 60.61% of the companies in the same industry.
In the last couple of years the Operating Margin of TAP.A has grown nicely.
TAP.A has a Gross Margin of 39.00%. This is in the lower half of the industry: TAP.A underperforms 72.73% of its industry peers.
In the last couple of years the Gross Margin of TAP.A has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.04% | ||
| PM (TTM) | 9.14% | ||
| GM | 39% |
OM growth 3Y2.32%
OM growth 5Y2.32%
PM growth 3Y-0.44%
PM growth 5Y33.37%
GM growth 3Y-0.37%
GM growth 5Y-0.37%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), TAP.A is destroying value.
The number of shares outstanding for TAP.A has been reduced compared to 1 year ago.
The number of shares outstanding for TAP.A has been reduced compared to 5 years ago.
Compared to 1 year ago, TAP.A has about the same debt to assets ratio.
2.2 Solvency
TAP.A has an Altman-Z score of 1.55. This is a bad value and indicates that TAP.A is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.55, TAP.A is doing worse than 60.61% of the companies in the same industry.
TAP.A has a debt to FCF ratio of 5.68. This is a neutral value as TAP.A would need 5.68 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 5.68, TAP.A is in the better half of the industry, outperforming 69.70% of the companies in the same industry.
A Debt/Equity ratio of 0.48 indicates that TAP.A is not too dependend on debt financing.
TAP.A has a better Debt to Equity ratio (0.48) than 60.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 5.68 | ||
| Altman-Z | 1.55 |
ROIC/WACC0.63
WACC8.97%
2.3 Liquidity
TAP.A has a Current Ratio of 0.89. This is a bad value and indicates that TAP.A is not financially healthy enough and could expect problems in meeting its short term obligations.
TAP.A has a Current ratio of 0.89. This is in the lower half of the industry: TAP.A underperforms 72.73% of its industry peers.
A Quick Ratio of 0.59 indicates that TAP.A may have some problems paying its short term obligations.
With a Quick ratio value of 0.59, TAP.A is not doing good in the industry: 69.70% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.89 | ||
| Quick Ratio | 0.59 |
3. Growth
3.1 Past
The earnings per share for TAP.A have decreased by -5.48% in the last year.
Measured over the past 5 years, TAP.A shows a small growth in Earnings Per Share. The EPS has been growing by 5.63% on average per year.
The Revenue has decreased by -5.17% in the past year.
The Revenue has been growing slightly by 1.91% on average over the past years.
EPS 1Y (TTM)-5.48%
EPS 3Y12.89%
EPS 5Y5.63%
EPS Q2Q%-47.37%
Revenue 1Y (TTM)-5.17%
Revenue growth 3Y4.19%
Revenue growth 5Y1.91%
Sales Q2Q%-11.26%
3.2 Future
The Earnings Per Share is expected to grow by 3.40% on average over the next years.
Based on estimates for the next years, TAP.A will show a small growth in Revenue. The Revenue will grow by 0.63% on average per year.
EPS Next Y1.98%
EPS Next 2Y3.95%
EPS Next 3Y4.42%
EPS Next 5Y3.4%
Revenue Next Year-1.22%
Revenue Next 2Y-0.17%
Revenue Next 3Y0.24%
Revenue Next 5Y0.63%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
TAP.A is valuated reasonably with a Price/Earnings ratio of 9.42.
Based on the Price/Earnings ratio, TAP.A is valued cheaper than 90.91% of the companies in the same industry.
TAP.A is valuated cheaply when we compare the Price/Earnings ratio to 27.45, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 8.06, which indicates a very decent valuation of TAP.A.
96.97% of the companies in the same industry are more expensive than TAP.A, based on the Price/Forward Earnings ratio.
TAP.A's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 21.90.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.42 | ||
| Fwd PE | 8.06 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TAP.A indicates a rather cheap valuation: TAP.A is cheaper than 90.91% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, TAP.A is valued cheaper than 93.94% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.12 | ||
| EV/EBITDA | 6.37 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates TAP.A does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)4.77
PEG (5Y)1.67
EPS Next 2Y3.95%
EPS Next 3Y4.42%
5. Dividend
5.1 Amount
TAP.A has a Yearly Dividend Yield of 3.98%.
Compared to an average industry Dividend Yield of 3.13, TAP.A pays a better dividend. On top of this TAP.A pays more dividend than 87.88% of the companies listed in the same industry.
TAP.A's Dividend Yield is rather good when compared to the S&P500 average which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.98% |
5.2 History
The dividend of TAP.A decreases each year by -2.03%.
TAP.A has been paying a dividend for over 5 years, so it has already some track record.
TAP.A has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-2.03%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
35.88% of the earnings are spent on dividend by TAP.A. This is a low number and sustainable payout ratio.
DP35.88%
EPS Next 2Y3.95%
EPS Next 3Y4.42%
NYSE:TAP.A (6/18/2025, 8:04:00 PM)
52
-2.06 (-3.81%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryBeverages
Earnings (Last)
Earnings (Next)
Inst Owners90.69%
Inst Owner Change-13.43%
Ins Owners0.3%
Ins Owner ChangeN/A
Market Cap10.01B
Analysts68.15
Price Target67.78 (30.35%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.98% |
Yearly Dividend1.77
Dividend Growth(5Y)-2.03%
DP35.88%
Div Incr Years4
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-12.87%
Min EPS beat(2)-40.05%
Max EPS beat(2)14.31%
EPS beat(4)3
Avg EPS beat(4)-1.42%
Min EPS beat(4)-40.05%
Max EPS beat(4)14.31%
EPS beat(8)7
Avg EPS beat(8)6.88%
EPS beat(12)9
Avg EPS beat(12)14.9%
EPS beat(16)12
Avg EPS beat(16)15.77%
Revenue beat(2)1
Avg Revenue beat(2)-2.59%
Min Revenue beat(2)-5.38%
Max Revenue beat(2)0.21%
Revenue beat(4)2
Avg Revenue beat(4)-1.94%
Min Revenue beat(4)-5.38%
Max Revenue beat(4)1.22%
Revenue beat(8)4
Avg Revenue beat(8)-0.76%
Revenue beat(12)6
Avg Revenue beat(12)-0.27%
Revenue beat(16)9
Avg Revenue beat(16)0.07%
PT rev (1m)6.73%
PT rev (3m)6.73%
EPS NQ rev (1m)-0.24%
EPS NQ rev (3m)-7.3%
EPS NY rev (1m)0.32%
EPS NY rev (3m)-4.86%
Revenue NQ rev (1m)-0.06%
Revenue NQ rev (3m)-2.6%
Revenue NY rev (1m)-0.36%
Revenue NY rev (3m)-1.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.42 | ||
| Fwd PE | 8.06 | ||
| P/S | 0.88 | ||
| P/FCF | 9.12 | ||
| P/OCF | 5.58 | ||
| P/B | 0.76 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.37 |
EPS(TTM)5.52
EY10.62%
EPS(NY)6.45
Fwd EY12.41%
FCF(TTM)5.7
FCFY10.97%
OCF(TTM)9.32
OCFY17.93%
SpS58.9
BVpS68.02
TBVpS-24.4
PEG (NY)4.77
PEG (5Y)1.67
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.99% | ||
| ROE | 7.91% | ||
| ROCE | 7.39% | ||
| ROIC | 5.65% | ||
| ROICexc | 5.75% | ||
| ROICexgc | 26.48% | ||
| OM | 15.04% | ||
| PM (TTM) | 9.14% | ||
| GM | 39% | ||
| FCFM | 9.68% |
ROA(3y)2.41%
ROA(5y)1.48%
ROE(3y)4.79%
ROE(5y)2.84%
ROIC(3y)5.01%
ROIC(5y)4.84%
ROICexc(3y)5.21%
ROICexc(5y)5.01%
ROICexgc(3y)29.37%
ROICexgc(5y)30.38%
ROCE(3y)6.54%
ROCE(5y)6.31%
ROICexcg growth 3Y3.49%
ROICexcg growth 5Y-0.7%
ROICexc growth 3Y8.65%
ROICexc growth 5Y6.6%
OM growth 3Y2.32%
OM growth 5Y2.32%
PM growth 3Y-0.44%
PM growth 5Y33.37%
GM growth 3Y-0.37%
GM growth 5Y-0.37%
F-Score6
Asset Turnover0.44
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 5.68 | ||
| Debt/EBITDA | 2.52 | ||
| Cap/Depr | 90.4% | ||
| Cap/Sales | 6.15% | ||
| Interest Coverage | 7.87 | ||
| Cash Conversion | 72.48% | ||
| Profit Quality | 105.98% | ||
| Current Ratio | 0.89 | ||
| Quick Ratio | 0.59 | ||
| Altman-Z | 1.55 |
F-Score6
WACC8.97%
ROIC/WACC0.63
Cap/Depr(3y)94.57%
Cap/Depr(5y)82.5%
Cap/Sales(3y)5.91%
Cap/Sales(5y)5.75%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-5.48%
EPS 3Y12.89%
EPS 5Y5.63%
EPS Q2Q%-47.37%
EPS Next Y1.98%
EPS Next 2Y3.95%
EPS Next 3Y4.42%
EPS Next 5Y3.4%
Revenue 1Y (TTM)-5.17%
Revenue growth 3Y4.19%
Revenue growth 5Y1.91%
Sales Q2Q%-11.26%
Revenue Next Year-1.22%
Revenue Next 2Y-0.17%
Revenue Next 3Y0.24%
Revenue Next 5Y0.63%
EBIT growth 1Y-2.15%
EBIT growth 3Y6.6%
EBIT growth 5Y4.27%
EBIT Next Year38.41%
EBIT Next 3Y12.27%
EBIT Next 5Y5.76%
FCF growth 1Y7%
FCF growth 3Y5.56%
FCF growth 5Y-1.05%
OCF growth 1Y10.43%
OCF growth 3Y6.68%
OCF growth 5Y0.14%