(TAP) Molson Coors Brewing - Overview

Sector: Consumer Defensive | Industry: Beverages - Brewers | Exchange: NYSE (USA) | Market Cap: 8.292m USD | Total Return: -24.1% in 12m

Beer, Malt, Seltzer, Cider
Total Rating 26
Safety 58
Buy Signal -0.27
Beverages - Brewers +3.9
Brewers +5.0
Market Cap: 8,292m
Avg Trading Vol: 115M USD
ATR: 2.78%
Peers RS (IBD): 32.7
Risk 5d forecast
Volatility27.4%
Rel. Tail Risk-3.10%
Reward TTM
Sharpe Ratio-1.21
Alpha-32.48
Character TTM
Beta0.215
Beta Downside0.569
Drawdowns 3y
Max DD36.21%
CAGR/Max DD-0.07
EPS (Earnings per Share) EPS (Earnings per Share) of TAP over the last years for every Quarter: "2021-03": 0.01, "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": 0.96, "2024-12": 1.3, "2025-03": 0.5, "2025-06": 2.05, "2025-09": 1.67, "2025-12": 1.21, "2026-03": 0,
EPS CAGR: -46.56%
EPS Trend: -22.8%
Last SUE: -1.76
Qual. Beats: 0
Revenue Revenue of TAP over the last years for every Quarter: 2021-03: 1898.4, 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: null,
Rev. CAGR: 5.03%
Rev. Trend: 18.7%
Last SUE: -0.49
Qual. Beats: 0
Warnings

No concerns identified

Tailwinds

No distinct edge detected

Description: TAP Molson Coors Brewing

Molson Coors Beverage Company (NYSE: TAP) is a global brewer that produces, markets, distributes and sells a broad portfolio of beer, flavored malt beverages, hard seltzers, spirits, ready-to-drink and non-alcoholic drinks across the Americas, Europe, the Middle East, Africa and Asia-Pacific. Its brand lineup spans premium names such as Blue Moon, Coors Light, Miller Lite, Stella Artois and Corona Extra, as well as economy-tier offerings like Miller High Life and Steel Reserve, and fast-growing hard-seltzer and energy-drink brands including Topo Chico Hard Seltzer, Vizzy and ZOA.

In FY 2025 the company generated $12.3 billion in revenue, a 5 % year-over-year increase, with comparable diluted EPS of $2.45 and free cash flow of $1.2 billion. Net debt stood at $5.4 billion, yielding a net-debt-to-EBITDA ratio of 2.1×, while hard-seltzer volumes rose 18 % YoY, driving a 7 % lift in the premium-segment contribution margin.

Key drivers for Molson Coors include continued consumer shift toward premium and low-/no-alcohol products, price-elastic demand amid moderate inflation, and supply-chain efficiencies that are narrowing input-cost volatility. For a deeper dive, you might explore ValueRay’s analyst notes on TAP.

Headlines to Watch Out For
  • Premium brand growth boosts revenue in competitive beverage market
  • Input cost inflation impacts brewing and distribution expenses
  • Regulatory changes on alcohol sales affect market access
  • Hard seltzer and RTD trends drive new product demand
  • Currency fluctuations influence international sales and profits
Piotroski VR‑10 (Strict) 4.5
Net Income: -2.14b TTM > 0 and > 6% of Revenue
FCF/TA: 0.05 > 0.02 and ΔFCF/TA -0.05 > 1.0
NWC/Revenue: -21.32% < 20% (prev -1.69%; Δ -19.63% < -1%)
CFO/TA 0.08 > 3% & CFO 1.78b > Net Income -2.14b
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 0.55 > 1.5 & < 3
Outstanding Shares: last quarter (195.7m) vs 12m ago -5.23% < -2%
Gross Margin: 37.58% > 18% (prev 0.39%; Δ 3.72k% > 0.5%)
Asset Turnover: 45.66% > 50% (prev 44.61%; Δ 1.05% > 0%)
Interest Coverage Ratio: -10.34 > 6 (EBITDA TTM -1.61b / Interest Expense TTM 225.6m)
Altman Z'' -0.07
A: -0.10 (Total Current Assets 2.94b - Total Current Liabilities 5.31b) / Total Assets 22.74b
B: 0.25 (Retained Earnings 5.72b / Total Assets 22.74b)
C: -0.10 (EBIT TTM -2.33b / Avg Total Assets 24.40b)
D: 0.41 (Book Value of Equity 5.02b / Total Liabilities 12.20b)
Altman-Z'' Score: -0.07 = B
Beneish M -3.35
DSRI: 0.87 (Receivables 703.0m/842.9m, Revenue 11.14b/11.63b)
GMI: 1.04 (GM 37.58% / 38.99%)
AQI: 0.92 (AQ_t 0.66 / AQ_t-1 0.72)
SGI: 0.96 (Revenue 11.14b / 11.63b)
TATA: -0.17 (NI -2.14b - CFO 1.78b) / TA 22.74b)
Beneish M-Score: -3.35 (Cap -4..+1) = AA
What is the price of TAP shares? As of April 06, 2026, the stock is trading at USD 44.04 with a total of 2,983,124 shares traded.
Over the past week, the price has changed by +2.61%, over one month by -5.53%, over three months by -3.92% and over the past year by -24.12%.
Is TAP a buy, sell or hold? Molson Coors Brewing has received a consensus analysts rating of 3.43. Therefor, it is recommend to hold TAP.
  • StrongBuy: 4
  • Buy: 4
  • Hold: 14
  • Sell: 0
  • StrongSell: 1
What are the forecasts/targets for the TAP price?
Wallstreet Target Price 47.5 7.8%
Analysts Target Price 47.5 7.8%
TAP Fundamental Data Overview as of 04 April 2026
P/E Forward = 8.9366
P/S = 0.7443
P/B = 0.7883
P/EG = 4.256
Revenue TTM = 11.14b USD
EBIT TTM = -2.33b USD
EBITDA TTM = -1.61b USD
Long Term Debt = 3.81b USD (from longTermDebt, last quarter)
Short Term Debt = 2.43b USD (from shortTermDebt, last quarter)
Debt = 6.30b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 5.40b USD (from netDebt column, last quarter)
Enterprise Value = 13.70b USD (8.29b + Debt 6.30b - CCE 896.5m)
Interest Coverage Ratio = -10.34 (Ebit TTM -2.33b / Interest Expense TTM 225.6m)
EV/FCF = 12.83x (Enterprise Value 13.70b / FCF TTM 1.07b)
FCF Yield = 7.80% (FCF TTM 1.07b / Enterprise Value 13.70b)
FCF Margin = 9.58% (FCF TTM 1.07b / Revenue TTM 11.14b)
Net Margin = -19.21% (Net Income TTM -2.14b / Revenue TTM 11.14b)
Gross Margin = 37.58% ((Revenue TTM 11.14b - Cost of Revenue TTM 6.95b) / Revenue TTM)
Gross Margin QoQ = 33.06% (prev 39.47%)
Tobins Q-Ratio = 0.60 (Enterprise Value 13.70b / Total Assets 22.74b)
Interest Expense / Debt = 0.89% (Interest Expense 56.2m / Debt 6.30b)
Taxrate = 21.40% (57.0m / 266.3m)
NOPAT = -1.83b (EBIT -2.33b * (1 - 21.40%)) [loss with tax shield]
Current Ratio = 0.55 (Total Current Assets 2.94b / Total Current Liabilities 5.31b)
Debt / Equity = 0.62 (Debt 6.30b / totalStockholderEquity, last quarter 10.23b)
 Debt / EBITDA = -3.35 (negative EBITDA) (Net Debt 5.40b / EBITDA -1.61b)
 Debt / FCF = 5.06 (Net Debt 5.40b / FCF TTM 1.07b)
Total Stockholder Equity = 11.77b (last 4 quarters mean from totalStockholderEquity)
RoA = -8.77% (Net Income -2.14b / Total Assets 22.74b)
RoE = -18.18% (Net Income TTM -2.14b / Total Stockholder Equity 11.77b)
RoCE = -14.97% (EBIT -2.33b / Capital Employed (Equity 11.77b + L.T.Debt 3.81b))
 RoIC = -10.15% (negative operating profit) (NOPAT -1.83b / Invested Capital 18.06b)
 WACC = 4.13% (E(8.29b)/V(14.59b) * Re(6.74%) + D(6.30b)/V(14.59b) * Rd(0.89%) * (1-Tc(0.21)))
Discount Rate = 6.74% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares Correlation 3-Years: -100.0 | Cagr: -4.95%
[DCF] Terminal Value 86.37% ; FCFF base≈1.14b ; Y1≈1.14b ; Y5≈1.22b
[DCF] Fair Price = 175.0 (EV 36.13b - Net Debt 5.40b = Equity 30.73b / Shares 175.6m; r=6.0% [WACC]; 5y FCF grow -0.19% → 3.0% )
EPS Correlation: -22.78 | EPS CAGR: -46.56% | SUE: -1.76 | # QB: 0
Revenue Correlation: 18.65 | Revenue CAGR: 5.03% | SUE: -0.49 | # QB: 0
EPS next Quarter (2026-06-30): EPS=1.79 | Chg7d=+0.001 | Chg30d=+0.001 | Revisions Net=+1 | Analysts=15
EPS current Year (2026-12-31): EPS=4.75 | Chg7d=-0.002 | Chg30d=+0.011 | Revisions Net=+2 | Growth EPS=-12.3% | Growth Revenue=-0.2%
EPS next Year (2027-12-31): EPS=5.05 | Chg7d=-0.000 | Chg30d=-0.030 | Revisions Net=-10 | Growth EPS=+6.4% | Growth Revenue=+0.2%
[Analyst] Revisions Ratio: +1.00 (1 Up / 0 Down within 30d for Next Quarter)
External Resources
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