TAP

Molson Coors Beverage Company - Ordinary Shares - Class B

Consumer


Presented:06/08/2022
Price:$53.93
Cap:$11.70B
Current Price:$54.49
Cap:$11.29B

Presented

Date06/08/2022
Price$53.93
Market Cap$11.70B
Ent Value$18.95B
P/E Ratio10.94x
Book Value$62.36
Div Yield2.67%
Shares O/S216.89M
Ave Daily Vol1,446,513
Short Int7.16%

Current

Price$54.49
Market Cap$11.29B
Molson Coors Beverage Co. is a holding company, which engages in the production and sale of beer. It operates through the following segments: Americas, and EMEA and APAC. The Americas segment operates in the U.S., Canada and various countries in the Caribbean, Latin, and South America. The EMEA and APAC segment operates in Bulgaria, Croatia, Czech Republic, Hungary, Montenegro, the Republic of Ireland, Romania, Serbia, the UK, various other European countries, and certain countries within the Middle East, Africa, and Asia Pacific. The company was founded in 1786 and is headquartered in Golden, CO.

Publicly traded companies mentioned herein: Boston Beer Company Inc (SAM), Molson Coors Beverage co (TAP)

Highlights

The presenter is short shares of Molson Coors Beverage Co (TAP), an $11.4B market cap, $18.5B EV beer producer that trades ~$50MM per day. Cynical about consumer discretionary situations, the presenter thinks the company is overexposed to the US premium beer category and will lose share to cannabis as some consumers price out the buzz/high per dollar. The company also faces COGS pressures from several angles, including aluminum and freight, which are both driving up operating costs for TAP and leading consumers to spend more on its beers.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.