TAP
Molson Coors Brewing Company
Consumer
01/12/2015
Presented
| Date | 01/07/2015 |
| Price | $75.40 |
| Market Cap | $14.00B |
| Ent Value | $16.78B |
| P/E Ratio | 25.75x |
| Book Value | $45.30 |
| Div Yield | 2% |
| Shares O/S | 185.29M |
| Ave Daily Vol | 1,530,000 |
| Short Int | 1.16% |
Current
| Price | $54.49 |
| Market Cap | $11.29B |
| Molson Coors Brewing Company manufactures and sells beer and other beverage products. The company sells its products in Canada under the Coors Light, Molson Canadian, Molson Export, Molson Canadian 67, Molson Dry, Molson Canadian Cider, the Rickard's family, Carling, Carling Black Label, Pilsner, Keystone Light, Creemore Springs, the Granville Island, and Coors Banquet brands. It also brews or distributes licensed products under the Heineken, Amstel Light, Murphy's, Newcastle Brown Ale, Strongbow cider, Miller Lite, Miller Genuine Draft, Miller Chill, Milwaukee's Best, and Milwaukee's Best Dry brands. In addition, the company distributes the Corona, Coronita, Negra Modelo, and Pacifico brands, as well as Singha brand. Further, the company sells various brands in the United States and Puerto Rico comprising Coors Light, Miller Lite, Miller High Life, Keystone Light, Blue Moon, Leinenkugel's, Coors Banquet, Miller Genuine Draft, Icehouse, Mickey's, Milwaukee's Best, Hamm's, Old English 800, Blue Moon, Henry Weinhard's, Molson and Foster's, George Killian's Irish Red, Redd's, Peroni Nastro Azzurro, Pilsner Urquell, Grolsch, Batch 19, Worthington's, St. Stefanus, Third Shift, cider, Coors Non-Alcoholic, and Sharp's. Additionally, it sells various brands in Europe that include Carling, Ozujsko, Jelen, Staropramen, Coors Light, Kamenitza, Niksicko, Bergenbier, Branik, Worthington's, Sharp's Doom Bar, Borsodi, Ostravar, Noroc, Astika, Apatinsko, and Blue Moon; and various regional ale brands, as well as factored brands. The company also sells brands through a joint venture, Cobra Beer Partnership Ltd. In addition, it sells Zima, Iceberg 9000, King Cobra, Coors Coors Gold, and Coors Extra brands. The company was formerly known as Adolph Coors Company and changed its name to Molson Coors Brewing Company in February 2005. Molson Coors Brewing Company was founded in 1786 and is headquartered in Denver, Colorado. |
Publicly traded companies motioned herein: Anheuser-Busch InBev SA/NV (BUD), Molson Coors Brewing Company (TAP), SABMiller PLC (SAB LN)
Highlights
The presenter is long shares of the Molson Coors Brewing Company (TAP), and believes there is anywhere from 50-75% upside to EPS over the next three years. With each day that passes, he sees the likelihood of a deal and/ or restructuring announcement that will give investors clarity on the path forward. The presenter thinks TAP has “a corporate structure that will either be rationalized steadily, or with a big bang.”
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