TAP Stock Analysis: Molson Coors Brewing | NYSE

Beverages - Brewers | NYSE, USA | Market Cap: 7.924m USD | 12M Return: -11.9% | US60871R2094 | Charts, Fundamentals & Technical Analysis

Beer, Hard Seltzers, Spirits, Energy Drinks
Total Rating 27
Safety 54
Buy Signal -0.83
Beverages - Brewers
Industry Rotation: -2.5
Market Cap: 7.92B
Avg Turnover: 124M
Risk 3d forecast
Volatility26.6%
VaR 5th Pctl4.71%
VaR vs Median7.37%
Reward TTM
Sharpe Ratio-0.50
Rel. Str. IBD14.8
Rel. Str. Peer Group16.7
Character TTM
Beta-0.073
Beta Downside0.043
Hurst Exponent0.480
Drawdowns 3y
Max DD38.80%
CAGR/Max DD-0.26
CAGR/Mean DD-0.55
EPS (Earnings per Share) EPS (Earnings per Share) of TAP over the last years for every Quarter: "2021-06": 1.58, "2021-09": 1.75, "2021-12": 0.81, "2022-03": 0.29, "2022-06": 1.19, "2022-09": 1.32, "2022-12": 1.3, "2023-03": 0.54, "2023-06": 1.78, "2023-09": 1.92, "2023-12": 1.19, "2024-03": 0.95, "2024-06": 1.92, "2024-09": 1.8, "2024-12": 1.3, "2025-03": 0.5, "2025-06": 2.05, "2025-09": 1.67, "2025-12": 1.21, "2026-03": 0.62, "2026-06": 1.58,
EPS CAGR: -2.56%
EPS Trend: -49.8%
Last SUE: 0.37
Qual. Beats: 0
Revenue Revenue of TAP over the last years for every Quarter: 2021-06: 2939.4, 2021-09: 2822.7, 2021-12: 2619.2, 2022-03: 2214.6, 2022-06: 2921.7, 2022-09: 2935.2, 2022-12: 2629.5, 2023-03: 2346.3, 2023-06: 3266.6, 2023-09: 3298.4, 2023-12: 2790.8, 2024-03: 2596.4, 2024-06: 3252.3, 2024-09: 3042.7, 2024-12: 2735.6, 2025-03: 2304.1, 2025-06: 3200.8, 2025-09: 2973.5, 2025-12: 2662.4, 2026-03: 2351.1, 2026-06: 3096.5,
Rev. CAGR: -2.46%
Rev. Trend: -84.4%
Last SUE: 0.09
Qual. Beats: 0

Warnings

Interest Coverage Ratio Critical
Altman Z'' In Financial Distress Zone
Below Avwap Earnings
Below Sma 200d

Tailwinds

No distinct edge detected

Seasonality 11.6 years of data

Jan +2.6% 6
Feb -0.6% 2
Mar +0.0% 7
Apr -0.2% 7
May -4.2% 20
Jun -2.8% 31
Jul +3.8% 27
Aug +0.4% 0
Sep -4.4% 33
Oct -1.6% 14
Nov +4.6% 43
Dec -0.9% 13

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: TAP Molson Coors Brewing

Molson Coors Beverage Company (TAP) is a global brewer headquartered in Golden, Colorado, founded in 1774 and listed on the NYSE since 1984. The company manufactures, markets, distributes, and sells beer and other malt beverage products across the Americas, Europe, the Middle East, Africa, and Asia Pacific. Its portfolio spans flavored malt beverages, hard seltzers, craft, spirits, ready-to-drink beverages, and non-alcoholic options such as premium mixers and energy drinks.

Brand offerings are organized into three tiers: above premium (including Blue Moon, Peroni Nastro Azzurro, Stella Artois, and Corona Extra through partnerships), premium (such as Coors Light, Miller Lite, and Molson Canadian), and economy (including Keystone, Milwaukees Best, and Steel Reserve). The company was renamed from Molson Coors Brewing Company to Molson Coors Beverage Company in January 2020, reflecting its expansion beyond traditional beer into spirits, hard seltzers, and energy drinks.

As a GICS-classified Brewer within Consumer Staples, TAP operates in a defensive sector characterized by stable demand and price-based competition. The brewing industry typically relies on a three-tier distribution system (producer, wholesaler, retailer) in the U.S., which shapes how brewers like Molson Coors bring products to market.

Headlines to Watch Out For
  • Premium portfolio mix expansion drives North America margin growth
  • EMEA segment volume softness and FX headwinds persist
  • Aluminum and input cost inflation pressures consolidated gross margins
  • Hard seltzer category decline pressures Vizzy and Simply Spiked RTD sales
Piotroski VR-10 (Strict) 4.5
Net Income: -2.31b TTM > 0 and > 6% of Revenue
FCF/TA: 0.05 > 0.02 and ΔFCF/TA 1.86 > 1.0
NWC/Revenue: -5.67% < 20% (prev -1.46%; Δ -4.21% < -1%)
CFO/TA 0.08 > 3% & CFO 1.98b > Net Income -2.31b
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 0.88 > 1.5 & < 3
Outstanding Shares: last quarter (187.7m) vs 12m ago -6.71% < -2%
Gross Margin: 36.22% > 18% (prev 38.75%; Δ -2.54% > 0.5%)
Asset Turnover: 43.31% > 50% (prev 42.06%; Δ 1.25% > 0%)
Interest Coverage Ratio: -11.44 > 6 (EBIT TTM -2.58b / Interest Expense TTM 225.6m)
Altman Z'' 0.71
A: -0.03 (Total Current Assets 4.58b - Total Current Liabilities 5.21b) / Total Assets 24.4b
B: 0.24 (Retained Earnings 5.93b / Total Assets 24.4b)
C: -0.10 (EBIT TTM -2.58b / Avg Total Assets 25.6b)
D: 0.73 (Book Value of Equity 10.1b / Total Liabilities 14.0b)
Altman-Z'' = 0.71 = B
Beneish M -3.17
DSRI: 0.88 (Receivables 1.00b/1.16b, Revenue 11.1b/11.3b)
GMI: 1.07 (GM 38.75% / 36.22%)
AQI: 0.87 (AQ_t 0.62 / AQ_t-1 0.71)
SGI: 0.98 (Revenue 11.1b / 11.3b)
TATA: -0.18 (NI -2.31b - CFO 1.98b) / TA 24.4b)
Beneish M = -3.17 (Cap -4..+1) = AA
What is the price of TAP shares?

As of August 11, 2026, the stock is trading at USD 42.52 with a total of 2,209,842 shares traded. Over the past week, the price has changed by +1.43%, over one month by +8.55%, over three months by +3.83% and over the past year by -11.86%.

Current recommended Stop Loss: 40.10 (which is 5.7% or 1.8 ATR below the current price).

Is TAP a buy, sell or hold?

Molson Coors Brewing has received a consensus analysts rating of 3.43. Therefore, it is recommended to hold TAP.

  • StrongBuy: 4
  • Buy: 4
  • Hold: 14
  • Sell: 0
  • StrongSell: 1

What are the forecasts/targets for the TAP price?
Analysts Target Price 45.1 6.1%
Molson Coors Brewing (TAP) - Fundamental Data Overview as of 08 August 2026
Market Cap USD = 7.92b (7.92b USD * 1.0 USD.USD)
P/E Forward = 8.7951
P/S = 0.7082
P/B = 0.7888
P/EG = 3.9244
Revenue TTM = 11.1b USD
EBIT TTM = -2.58b USD
EBITDA TTM = -1.83b USD
Long Term Debt = 3.81b USD (from longTermDebt, last fiscal year)
Short Term Debt = 2.04b USD (from shortTermDebt, last quarter)
Debt = 7.76b USD (from shortLongTermDebtTotal, last quarter) + Leases 52.8m
Net Debt = 5.63b USD (calculated: Debt 7.76b - CCE 2.13b)
Enterprise Value = 13.6b USD (7.92b + Debt 7.76b - CCE 2.13b)
Interest Coverage Ratio = -11.44 (Ebit TTM -2.58b / Interest Expense TTM 225.6m)
EV/FCF = 10.22x (Enterprise Value 13.6b / FCF TTM 1.33b)
FCF Yield = 9.78% (FCF TTM 1.33b / Enterprise Value 13.6b)
FCF Margin = 11.96% (FCF TTM 1.33b / Revenue TTM 11.1b)
Net Margin = -20.81% (Net Income TTM -2.31b / Revenue TTM 11.1b)
Gross Margin = 36.22% ((Revenue TTM 11.1b - Cost of Revenue TTM 7.07b) / Revenue TTM)
Gross Margin QoQ = 34.34% (prev 38.16%)
Tobins Q-Ratio = 0.56 (Enterprise Value 13.6b / Total Assets 24.4b)
Interest Expense / Debt = 2.91% (Interest Expense 225.6m / Debt 7.76b)
Taxrate = 21.72% (61.5m / 283.1m)
NOPAT = -2.02b (EBIT -2.58b * (1 - 21.72%)) [loss with tax shield]
Current Ratio = 0.88 (Total Current Assets 4.58b / Total Current Liabilities 5.21b)
Debt / Equity = 0.77 (Debt 7.76b / totalStockholderEquity, last quarter 10.1b)
 Debt / EBITDA = -3.07 (negative EBITDA) (Net Debt 5.63b / EBITDA -1.83b)
 Debt / FCF = 4.25 (Net Debt 5.63b / FCF TTM 1.33b)
Total Stockholder Equity = 10.2b (last 4 quarters mean from totalStockholderEquity)
RoA = -9.01% (Net Income -2.31b / Total Assets 24.4b)
RoE = -22.65% (Net Income TTM -2.31b / Total Stockholder Equity 10.2b)
RoCE = -18.45% (EBIT -2.58b / Capital Employed (Equity 10.2b + L.T.Debt 3.81b))
 RoIC = -9.80% (negative operating profit) (NOPAT -2.02b / Invested Capital 20.6b)
 WACC = 4.02% (E(7.92b)/V(15.7b) * Re(5.73%) + D(7.76b)/V(15.7b) * Rd(2.91%) * (1-Tc(0.22)))
Discount Rate = 5.73% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -99.20 | Cagr: -5.70%
[DCF] Terminal Value 77.97% ; FCFF base≈1.18b ; Y1≈1.35b ; Y5≈1.99b
[DCF] Fair Price = 139.4 (EV 30.0b - Net Debt 5.63b = Equity 24.3b / Shares 174.5m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -49.76 | EPS CAGR: -2.56% | SUE: 0.37 | # QB: 0
Revenue Correlation: -84.35 | Revenue CAGR: -2.46% | SUE: 0.09 | # QB: 0
EPS current Quarter (2026-09-30): EPS=1.51 | Chg30d=-0.86% | Revisions=-38% | Analysts=15
EPS current Year (2026-12-31): EPS=4.73 | Chg30d=-0.51% | Revisions=-67% | GrowthEPS=-12.8% | GrowthRev=-0.3%
EPS next Year (2027-12-31): EPS=4.97 | Chg30d=-0.53% | Revisions=-67% | GrowthEPS=+5.0% | GrowthRev=+0.2%
[Analyst] Revisions Ratio: -75% (up=1, down=16)