MONSTER BEVERAGE CORP (MNST)

US61174X1090 - Common Stock

54.565  +0.84 (+1.55%)

Fundamental Rating

6

Overall MNST gets a fundamental rating of 6 out of 10. We evaluated MNST against 32 industry peers in the Beverages industry. MNST has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. While showing a medium growth rate, MNST is valued expensive at the moment. These ratings would make MNST suitable for quality investing!



7

1. Profitability

1.1 Basic Checks

In the past year MNST was profitable.
MNST had a positive operating cash flow in the past year.
Each year in the past 5 years MNST has been profitable.
MNST had a positive operating cash flow in each of the past 5 years.

1.2 Ratios

MNST's Return On Assets of 16.84% is amongst the best of the industry. MNST outperforms 96.88% of its industry peers.
MNST's Return On Equity of 19.82% is fine compared to the rest of the industry. MNST outperforms 68.75% of its industry peers.
Looking at the Return On Invested Capital, with a value of 17.72%, MNST belongs to the top of the industry, outperforming 90.63% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for MNST is significantly above the industry average of 12.35%.
Industry RankSector Rank
ROA 16.84%
ROE 19.82%
ROIC 17.72%
ROA(3y)16.29%
ROA(5y)18.62%
ROE(3y)19.25%
ROE(5y)22.33%
ROIC(3y)18.43%
ROIC(5y)20.59%

1.3 Margins

Looking at the Profit Margin, with a value of 22.84%, MNST belongs to the top of the industry, outperforming 96.88% of the companies in the same industry.
In the last couple of years the Profit Margin of MNST has declined.
The Operating Margin of MNST (27.36%) is better than 84.38% of its industry peers.
In the last couple of years the Operating Margin of MNST has declined.
Looking at the Gross Margin, with a value of 53.14%, MNST is in the better half of the industry, outperforming 65.63% of the companies in the same industry.
In the last couple of years the Gross Margin of MNST has declined.
Industry RankSector Rank
OM 27.36%
PM (TTM) 22.84%
GM 53.14%
OM growth 3Y-7.9%
OM growth 5Y-4.11%
PM growth 3Y-9.34%
PM growth 5Y-2.62%
GM growth 3Y-2.71%
GM growth 5Y-2%

9

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so MNST is creating value.
Compared to 1 year ago, MNST has less shares outstanding
The number of shares outstanding for MNST has been reduced compared to 5 years ago.
The debt/assets ratio for MNST is higher compared to a year ago.

2.2 Solvency

MNST has an Altman-Z score of 25.82. This indicates that MNST is financially healthy and has little risk of bankruptcy at the moment.
MNST has a better Altman-Z score (25.82) than 96.88% of its industry peers.
MNST has a debt to FCF ratio of 0.00. This is a very positive value and a sign of high solvency as it would only need 0.00 years to pay back of all of its debts.
MNST's Debt to FCF ratio of 0.00 is amongst the best of the industry. MNST outperforms 81.25% of its industry peers.
MNST has a Debt/Equity ratio of 0.00. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.00, MNST belongs to the top of the industry, outperforming 90.63% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Altman-Z 25.82
ROIC/WACC1.91
WACC9.26%

2.3 Liquidity

MNST has a Current Ratio of 4.81. This indicates that MNST is financially healthy and has no problem in meeting its short term obligations.
MNST's Current ratio of 4.81 is amongst the best of the industry. MNST outperforms 96.88% of its industry peers.
MNST has a Quick Ratio of 3.97. This indicates that MNST is financially healthy and has no problem in meeting its short term obligations.
MNST has a better Quick ratio (3.97) than 100.00% of its industry peers.
Industry RankSector Rank
Current Ratio 4.81
Quick Ratio 3.97

6

3. Growth

3.1 Past

MNST shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 39.91%, which is quite impressive.
Measured over the past years, MNST shows a decrease in Earnings Per Share. The EPS has been decreasing by -2.82% on average per year.
MNST shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 13.13%.
Measured over the past years, MNST shows a quite strong growth in Revenue. The Revenue has been growing by 13.40% on average per year.
EPS 1Y (TTM)39.91%
EPS 3Y-13.62%
EPS 5Y-2.82%
EPS growth Q2Q33.33%
Revenue 1Y (TTM)13.13%
Revenue growth 3Y15.8%
Revenue growth 5Y13.4%
Revenue growth Q2Q14.36%

3.2 Future

Based on estimates for the next years, MNST will show a quite strong growth in Earnings Per Share. The EPS will grow by 14.19% on average per year.
Based on estimates for the next years, MNST will show a quite strong growth in Revenue. The Revenue will grow by 9.08% on average per year.
EPS Next Y19.19%
EPS Next 2Y16.31%
EPS Next 3Y14.92%
EPS Next 5Y14.19%
Revenue Next Year11.22%
Revenue Next 2Y10.62%
Revenue Next 3Y10.55%
Revenue Next 5Y9.08%

3.3 Evolution

The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.

2

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 34.98, which means the current valuation is very expensive for MNST.
Compared to the rest of the industry, the Price/Earnings ratio of MNST is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 25.20. MNST is valued slightly more expensive when compared to this.
The Price/Forward Earnings ratio is 29.35, which means the current valuation is very expensive for MNST.
Based on the Price/Forward Earnings ratio, MNST is valued a bit more expensive than 62.50% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 21.60. MNST is valued slightly more expensive when compared to this.
Industry RankSector Rank
PE 34.98
Fwd PE 29.35

4.2 Price Multiples

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MNST indicates a slightly more expensive valuation: MNST is more expensive than 65.63% of the companies listed in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as MNST.
Industry RankSector Rank
P/FCF 37.95
EV/EBITDA 25.57

4.3 Compensation for Growth

The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
MNST has a very decent profitability rating, which may justify a higher PE ratio.
MNST's earnings are expected to grow with 14.92% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.82
PEG (5Y)N/A
EPS Next 2Y16.31%
EPS Next 3Y14.92%

0

5. Dividend

5.1 Amount

No dividends for MNST!.
Industry RankSector Rank
Dividend Yield N/A

MONSTER BEVERAGE CORP

NASDAQ:MNST (4/24/2024, 10:08:07 AM)

54.565

+0.84 (+1.55%)

Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryBeverages
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap56.78B
Analysts
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Dividend
Industry RankSector Rank
Dividend Yield N/A
Dividend Growth(5Y)
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Div Incr Years
Div Non Decr Years
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Surprises & Revisions
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EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
Industry RankSector Rank
PE 34.98
Fwd PE 29.35
P/S
P/FCF
P/OCF
P/B
P/tB
EV/EBITDA
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
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SpS
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TBVpS
PEG (NY)1.82
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 16.84%
ROE 19.82%
ROCE
ROIC
ROICexc
ROICexgc
OM 27.36%
PM (TTM) 22.84%
GM 53.14%
FCFM
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
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ROICexgc(5y)
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ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.74
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF
Debt/EBITDA
Cap/Depr
Cap/Sales
Interest Coverage
Cash Conversion
Profit Quality
Current Ratio 4.81
Quick Ratio 3.97
Altman-Z
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)39.91%
EPS 3Y-13.62%
EPS 5Y
EPS growth Q2Q
EPS Next Y19.19%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)13.13%
Revenue growth 3Y15.8%
Revenue growth 5Y
Revenue growth Q2Q
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Revenue Next 3Y
Revenue Next 5Y
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