Molson Coors Beverage Company

NYSE:TAP Stock Report

Market Cap: US$9.3b

Molson Coors Beverage Valuation

Is TAP undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of TAP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: TAP ($47.6) is trading below our estimate of fair value ($157.08)

Significantly Below Fair Value: TAP is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TAP?

Key metric: As TAP is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for TAP. This is calculated by dividing TAP's market cap by their current revenue.
What is TAP's PS Ratio?
PS Ratio0.8x
SalesUS$11.21b
Market CapUS$9.31b

Price to Sales Ratio vs Peers

How does TAP's PS Ratio compare to its peers?

The above table shows the PS ratio for TAP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.9x
SAM Boston Beer Company
1.1x1.70%US$2.1b
COKE Coca-Cola Consolidated
2xn/aUS$13.8b
BF.B Brown-Forman
3.7x2.74%US$14.2b
PRMB Primo Brands
0.9x3.01%US$5.9b
TAP Molson Coors Beverage
0.8x0.34%US$9.3b

Price-To-Sales vs Peers: TAP is good value based on its Price-To-Sales Ratio (0.8x) compared to the peer average (1.9x).

Price to Sales Ratio vs Industry

How does TAP's PS Ratio compare vs other companies in the US Beverage Industry?

7 CompaniesPrice / SalesEstimated GrowthMarket Cap
WVVI Willamette Valley Vineyards
0.4xn/aUS$14.84m
CIRX CirTran
0.1xn/aUS$173.14k
ICNB Iconic Brands
0.0008xn/aUS$10.79k
FLWB.F Flow Beverage
0.0003xn/aUS$9.03k
TAP 0.8xIndustry Avg. 2.6xNo. of Companies7PS01.63.24.86.48+
7 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: TAP is good value based on its Price-To-Sales Ratio (0.8x) compared to the US Beverage industry average (2.4x).

Price to Sales Ratio vs Fair Ratio

What is TAP's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TAP PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.8x
Fair PS Ratio1.3x

Price-To-Sales vs Fair Ratio: TAP is good value based on its Price-To-Sales Ratio (0.8x) compared to the estimated Fair Price-To-Sales Ratio (1.3x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst TAP forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$47.60
US$50.81
+6.74%
14.08%US$72.00US$40.00n/a21
Dec ’26US$46.91
US$50.81
+8.31%
14.08%US$72.00US$40.00n/a21
Nov ’26US$43.72
US$53.19
+21.66%
12.68%US$72.00US$42.00n/a21
Oct ’26US$46.03
US$53.71
+16.69%
11.97%US$72.00US$42.00n/a21
Sep ’26US$50.49
US$54.43
+7.80%
12.90%US$72.00US$42.00n/a21
Aug ’26US$48.21
US$59.09
+22.56%
16.16%US$86.90US$49.00n/a22
Jul ’26US$49.07
US$61.45
+25.23%
13.97%US$86.90US$49.00n/a23
Jun ’26US$53.59
US$63.32
+18.16%
11.93%US$86.90US$54.00n/a23
May ’26US$57.25
US$66.71
+16.52%
11.09%US$86.90US$54.00n/a23
Apr ’26US$61.24
US$65.84
+7.51%
9.28%US$79.00US$54.00n/a22
Mar ’26US$61.29
US$65.69
+7.17%
9.57%US$79.00US$54.00n/a22
Feb ’26US$54.75
US$62.46
+14.08%
12.56%US$75.00US$47.00n/a21
Jan ’26US$57.32
US$63.16
+10.20%
11.87%US$75.00US$47.00n/a22
Dec ’25US$62.06
US$61.65
-0.66%
11.79%US$75.00US$47.00US$46.9121
Nov ’25US$55.00
US$60.18
+9.42%
11.40%US$75.00US$47.00US$43.7220
Oct ’25US$57.35
US$60.05
+4.70%
11.73%US$75.00US$47.00US$46.0320
Sep ’25US$53.97
US$60.15
+11.44%
12.15%US$75.00US$47.00US$50.4920
Aug ’25US$52.78
US$60.28
+14.21%
13.58%US$75.00US$47.00US$48.2121
Jul ’25US$50.60
US$64.02
+26.52%
10.16%US$75.00US$53.00US$49.0722
Jun ’25US$54.81
US$64.75
+18.13%
9.81%US$75.00US$53.00US$53.5922
May ’25US$57.08
US$65.17
+14.18%
9.22%US$75.00US$53.00US$57.2522
Apr ’25US$67.33
US$67.83
+0.75%
6.07%US$77.00US$58.00US$61.2422
Mar ’25US$62.13
US$67.78
+9.09%
6.21%US$77.00US$58.00US$61.2921
Feb ’25US$63.11
US$67.53
+7.00%
6.99%US$77.00US$58.00US$54.7521
Jan ’25US$61.21
US$67.10
+9.62%
7.29%US$77.00US$58.00US$57.3221
Dec ’24US$61.93
US$67.10
+8.36%
7.04%US$77.00US$58.00US$62.0622
US$50.81
Fair Value
6.3% undervalued intrinsic discount
21
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/12 20:32
End of Day Share Price 2025/12/12 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Molson Coors Beverage Company is covered by 42 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Erin SmithArgus Research Company
Michael BrancaBarclays
Lauren LiebermanBarclays