Monster Beverage Corp.


Market Cap$57.34B

Compare Monster Beverage

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Monster Beverage Corp.Monster Beverage Corp.36.60%20%9.9-
marketMarket Avg49.61.28%30%6.11.1
Consumer StaplesConsumer Staples Avg16.51.42%-31%4-0.8

Earnings Call Q5 2023

February 28, 2024 - AI Summary

Monster Beverage Company achieved record fourth quarter net sales of $1.73 billion, a 14.4% increase compared to the previous year.
Gross profit as a percentage of net sales for the quarter was 54.2%, primarily due to pricing actions, decreased freight-in costs, and lower input costs.
The company recorded impairment charges of approximately $39.9 million in the Alcohol Brands segment due to challenges in the craft beer and seltzer categories.
Operating expenses for the quarter were $504.4 million, including the alcohol impairment charges, resulting in an operating income increase of 10%.
Net income increased by 21.6% to $367 million, while diluted earnings per share increased by 22.3% to $0.35.
The company continues to have market share leadership in the energy drink category in the United States, but faced some pressure on core Monster brand sales. Note: No specific forecasts, outlooks, expectations, dividends, or buybacks were mentioned in the transcript.

Current Fair Value

2.3% downside

Overvalued by 2.3% based on the discounted cash flow analysis.

Share Statistics

Market cap$57.34 Billion
Enterprise Value$54.33 Billion
Dividend Yield$0.0 (0.0%)
Earnings per Share$1.48
Outstanding Shares1,040,441,348
Avg 30 Day Volume5,303,488


Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio36.62
Price to Sales9.85
Price to Book Ratio8.44
Enterprise Value to Revenue7.85
Enterprise Value to EBIT28.39
Enterprise Value to Net Income34
Total Debt to Enterprise0
Debt to Equity0

Revenue Sources

No data

ESG Score

No data

About Monster Beverage Corp.

1,991 employees
CEO: Rodney Sacks

Based in Corona, California, Monster Beverage Corporation is a holding company and conducts no operating business except through its consolidated subsidiaries. The Company’s subsidiaries develop and market energy drinks, including Monste...