Monster Beverage Corp.
MNST
Market Cap$51.39B
Close$
Earnings Call Q2 2024
August 7, 2024 - AI Summary
Monster Beverage Company reported record second quarter net sales of $1.9 billion, a 2.5% increase compared to the same period last year.
Gross profit as a percentage of net sales increased to 53.6% in Q2 2024, primarily due to decreased costs and pricing actions.
Operating expenses for the quarter increased to $492.3 million, driven by higher sponsorship and endorsement expenses, payroll expenses, and storage and warehouse expenses.
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$74.39
46% upside
Current Fair Value
46% upsideUndervalued by 46% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $51.39 Billion |
|---|---|
| Enterprise Value | $50.62 Billion |
| Dividend Yield | $0 (0%) |
| Earnings per Share | $1.56 |
| Beta | 0.74 |
| Outstanding Shares | 1,029,268,000 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 32.01 |
|---|---|
| PEG | 1152.02 |
| Price to Sales | 7.28 |
| Price to Book Ratio | 10.19 |
| Enterprise Value to Revenue | 6.85 |
| Enterprise Value to EBIT | 25.14 |
| Enterprise Value to Net Income | 30 |
| Total Debt to Enterprise | 0.02 |
| Debt to Equity | 0.14 |
Revenue Sources
No data
Insider Trades
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...