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Monster Beverage Corporation — Intrinsic Value & Fair Price

MNST
NASDAQConsumer DefensiveBeverages - Non-AlcoholicCIK 0000865752monsterbevcorp.comAbout MNST
Last close · Oct 16, 202645.73+0.39 (+0.86%)
Market cap$89.6B
Model value · DCF · Perpetuity growth · 5y
29.82
Monster Beverage closed at $45.73 — overvalued by 53% vs model.
18.57the model's range68.39

DCF · Perpetuity growth · 5y leads for profitable growth — positive operating income and three years of positive free cash flow. From a five-year discounted cash flow.

Other models
13.51 – 41.74
Wall St. target
97.00 53% below
Above model, 1y
20 of 20 days

Price and model value

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How it is valued

Valued asProfitable Growth
Low/slowing growth (~8% recent)High profitability (23% net margin)Moderately volatile earnings
What growth the price implies: the reverse DCF

Key figures

FY2025
P/E
—
EV / EBITDA
33.6×
FCF yield
2.2%
Dividend yield, TTM
0.00%
Beta
0.49
Cost of capital (WACC)
7.82%
Full financials

Analyst actions

third-party, quoted
08-10Deutsche Bank · target100.00
08-05RBC Capital · target97.00
07-20Deutsche Bank · “Hold” from “Buy”downgrade
07-20BMO Capital · target95.00
Ratings, targets and estimates

Comparable companies

by business, not by industry label
1 more company lists MNST as a comparable

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About Monster Beverage

Monster Beverage Corporation is a global entity primarily involved in the innovation, marketing, sale, and distribution of energy beverages and concentrates. Its business operations are categorized into three main divisions: Monster Energy Drinks, Strategic Brands, and a segment designated as "Other." The company boasts an extensive product portfolio, encompassing a wide array of carbonated energy drinks, alongside various non-carbonated options. These include ready-to-drink iced teas, lemonades, diverse juice cocktails, single-serving juices, and fruit beverages. Additionally, their offerings extend to ready-to-drink dairy and coffee-based concoctions, specialized sports drinks, single-serve still waters, and a selection of sodas described as natural, sparkling juices, and flavored sparkling beverages. Monster Beverage distributes its products through a comprehensive network, supplying bottlers and full-service beverage distributors. They also engage in direct sales to a multitude of retail outlets, including grocery and specialty chains, wholesalers, club stores, mass merchandisers, convenience stores, pharmacies, foodservice clients, value retailers, e-commerce platforms, and military establishments. Furthermore, the company provides concentrates and beverage bases to its authorized bottling and canning partners. Under its corporate umbrella, the company manages a vast collection of brands. Notable examples include the Monster Energy line (e.g., Monster Energy, Monster Energy Ultra, Monster Rehab, Monster Energy Nitro), Java Monster, Muscle Monster, Espresso Monster, Punch Monster, Juice Monster, and the Monster Hydro series (Energy Water, Super Sport, Super Fuel). Other significant brands feature Monster Dragon Tea, Reign Total Body Fuel, Reign Inferno Thermogenic Fuel, NOS, Full Throttle, Burn, Mother, Nalu, Ultra Energy, Play and Power Play (stylized), Relentless, BPM, BU, Gladiator, Samurai, Live+, Predator, Fury, and True North. Founded in 1985 under its previous name, Hansen Natural Corporation, the company rebranded to Monster Beverage Corporation in January 2012. Its corporate headquarters are located in Corona, California.

CEO
Hilton H. Schlosberg
Headquarters
Corona, CA
Employees
6,332
IPO
1985-12-09
Full company profile

Model estimates for research reference only, not investment advice. Every model rests on assumptions that may not match what happens; the formulas are in how we value a stock.