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Also traded in: Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 7/10

vs
industry
vs
history
Cash to Debt 0.86
TAP.A's Cash to Debt is ranked higher than
50% of the 213 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 0.86 vs. TAP.A: 0.86 )
Ranked among companies with meaningful Cash to Debt only.
TAP.A' s Cash to Debt Range Over the Past 10 Years
Min: 0.01  Med: 0.17 Max: 3.25
Current: 0.86
0.01
3.25
Equity to Asset 0.65
TAP.A's Equity to Asset is ranked higher than
66% of the 214 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 0.55 vs. TAP.A: 0.65 )
Ranked among companies with meaningful Equity to Asset only.
TAP.A' s Equity to Asset Range Over the Past 10 Years
Min: 0.23  Med: 0.53 Max: 0.65
Current: 0.65
0.23
0.65
Interest Coverage 4.84
TAP.A's Interest Coverage is ranked lower than
74% of the 164 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 11.59 vs. TAP.A: 4.84 )
Ranked among companies with meaningful Interest Coverage only.
TAP.A' s Interest Coverage Range Over the Past 10 Years
Min: 3.22  Med: 5.04 Max: 7.84
Current: 4.84
3.22
7.84
F-Score: 6
Z-Score: 3.40
M-Score: -2.58
WACC vs ROIC
7.50%
5.17%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry
vs
history
Operating margin (%) 18.15
TAP.A's Operating margin (%) is ranked higher than
76% of the 217 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 9.44 vs. TAP.A: 18.15 )
Ranked among companies with meaningful Operating margin (%) only.
TAP.A' s Operating margin (%) Range Over the Past 10 Years
Min: 7.66  Med: 18.34 Max: 26.56
Current: 18.15
7.66
26.56
Net-margin (%) 12.40
TAP.A's Net-margin (%) is ranked higher than
71% of the 217 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 6.27 vs. TAP.A: 12.40 )
Ranked among companies with meaningful Net-margin (%) only.
TAP.A' s Net-margin (%) Range Over the Past 10 Years
Min: 2.45  Med: 11.86 Max: 23.76
Current: 12.4
2.45
23.76
ROE (%) 5.60
TAP.A's ROE (%) is ranked lower than
55% of the 213 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 7.27 vs. TAP.A: 5.60 )
Ranked among companies with meaningful ROE (%) only.
TAP.A' s ROE (%) Range Over the Past 10 Years
Min: 3.9  Med: 6.66 Max: 10.97
Current: 5.6
3.9
10.97
ROA (%) 3.29
TAP.A's ROA (%) is ranked lower than
52% of the 219 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 3.41 vs. TAP.A: 3.29 )
Ranked among companies with meaningful ROA (%) only.
TAP.A' s ROA (%) Range Over the Past 10 Years
Min: 1.64  Med: 3.53 Max: 6.43
Current: 3.29
1.64
6.43
ROC (Joel Greenblatt) (%) 39.84
TAP.A's ROC (Joel Greenblatt) (%) is ranked higher than
83% of the 218 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 15.56 vs. TAP.A: 39.84 )
Ranked among companies with meaningful ROC (Joel Greenblatt) (%) only.
TAP.A' s ROC (Joel Greenblatt) (%) Range Over the Past 10 Years
Min: 22.69  Med: 40.55 Max: 68.57
Current: 39.84
22.69
68.57
Revenue Growth (3Y)(%) 5.70
TAP.A's Revenue Growth (3Y)(%) is ranked higher than
70% of the 188 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 1.50 vs. TAP.A: 5.70 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
TAP.A' s Revenue Growth (3Y)(%) Range Over the Past 10 Years
Min: -21.5  Med: 6.05 Max: 23.4
Current: 5.7
-21.5
23.4
EBITDA Growth (3Y)(%) -2.00
TAP.A's EBITDA Growth (3Y)(%) is ranked lower than
58% of the 161 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 0.10 vs. TAP.A: -2.00 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
TAP.A' s EBITDA Growth (3Y)(%) Range Over the Past 10 Years
Min: -13.5  Med: 2.65 Max: 25.6
Current: -2
-13.5
25.6
EPS Growth (3Y)(%) -8.60
TAP.A's EPS Growth (3Y)(%) is ranked lower than
65% of the 144 Companies
in the Global Beverages - Brewers industry.

( Industry Median: -0.90 vs. TAP.A: -8.60 )
Ranked among companies with meaningful EPS Growth (3Y)(%) only.
TAP.A' s EPS Growth (3Y)(%) Range Over the Past 10 Years
Min: -14.7  Med: 12.55 Max: 29.1
Current: -8.6
-14.7
29.1
» TAP.A's 10-Y Financials

Financials (Next Earnings Date: Est. 2016-08-06)


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow
Oprt. Cash Flow & Net Income

» Details

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Business Description

Industry: Beverages - Alcoholic » Beverages - Brewers
Compare:TSX:TPX.B, TSE:2502, TSE:2503, OCSE:CARL B, TSE:2587 » details
Traded in other countries:NY7.Germany,
Molson Coors Brewing Co is a brewer with a portfolio of owned & partner brands, including core brands Carling, Coors Light, Molson Canadian & Staropramen, as well as craft & specialty beers such as Blue Moon, Creemore Springs, Cobra & Sharp's Doom Bar.

Molson Coors Brewing Co was incorporated in June 1913. The Company is a brewer with a portfolio of owned & partner brands, including core brands Carling, Coors Light, Molson Canadian & Staropramen, as well as craft & specialty beers such as Blue Moon, Creemore Springs, Cobra & Sharp's Doom Bar. Its segments include Canada, the U.S., Europe and MCI. It operates seven breweries, strategically located throughout Canada. There are three beer price segments: above premium, which includes craft and imports; premium, which includes the majority of domestic brands and the light sub-segment and value (below premium). In the United States, beer is generally distributed through a three-tier system consisting of manufacturers, distributors and retailers. It operates nine breweries, two packaging facilities and one cidery, which produce MillerCoors products in the USA. In Europe, beer is generally distributed through either a two-tier system consisting of manufacturers and retailers, or a three-tier system consisting of manufacturers, distributors and retailers. The Company's brands include Coors Light and Molson Canadian, Carling, Coors Banquet, Creemore Springs, Granville Island, Molson Dry, Molson Export, Pilsner and Rickard's, Jelen, Ozujsko and Niksicko. Its operations are subject to a variety of extensive and changing federal, state and local environmental laws, regulations and ordinances that govern activities or operations that may have adverse effects on human health or the environment.

Ratios

vs
industry
vs
history
P/E(ttm) 43.13
TAP.A's P/E(ttm) is ranked lower than
79% of the 175 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 23.39 vs. TAP.A: 43.13 )
Ranked among companies with meaningful P/E(ttm) only.
TAP.A' s P/E(ttm) Range Over the Past 10 Years
Min: 9.73  Med: 17.72 Max: 49.37
Current: 43.13
9.73
49.37
Forward P/E 20.66
TAP.A's Forward P/E is ranked lower than
61% of the 33 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 19.34 vs. TAP.A: 20.66 )
Ranked among companies with meaningful Forward P/E only.
N/A
PE(NRI) 43.51
TAP.A's PE(NRI) is ranked lower than
79% of the 175 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 23.47 vs. TAP.A: 43.51 )
Ranked among companies with meaningful PE(NRI) only.
TAP.A' s PE(NRI) Range Over the Past 10 Years
Min: 9.92  Med: 17.02 Max: 50.07
Current: 43.51
9.92
50.07
Price/Owner Earnings (ttm) 32.16
TAP.A's Price/Owner Earnings (ttm) is ranked lower than
64% of the 106 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 22.44 vs. TAP.A: 32.16 )
Ranked among companies with meaningful Price/Owner Earnings (ttm) only.
TAP.A' s Price/Owner Earnings (ttm) Range Over the Past 10 Years
Min: 8.84  Med: 22.17 Max: 269.13
Current: 32.16
8.84
269.13
P/B 2.13
TAP.A's P/B is ranked higher than
50% of the 213 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 2.10 vs. TAP.A: 2.13 )
Ranked among companies with meaningful P/B only.
TAP.A' s P/B Range Over the Past 10 Years
Min: 0.83  Med: 1.14 Max: 2.62
Current: 2.13
0.83
2.62
P/S 5.28
TAP.A's P/S is ranked lower than
86% of the 211 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 1.78 vs. TAP.A: 5.28 )
Ranked among companies with meaningful P/S only.
TAP.A' s P/S Range Over the Past 10 Years
Min: 0.63  Med: 2.26 Max: 5.31
Current: 5.28
0.63
5.31
PFCF 33.44
TAP.A's PFCF is ranked lower than
70% of the 86 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 19.78 vs. TAP.A: 33.44 )
Ranked among companies with meaningful PFCF only.
TAP.A' s PFCF Range Over the Past 10 Years
Min: 8.54  Med: 17.65 Max: 1098.85
Current: 33.44
8.54
1098.85
POCF 22.51
TAP.A's POCF is ranked lower than
73% of the 110 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 12.72 vs. TAP.A: 22.51 )
Ranked among companies with meaningful POCF only.
TAP.A' s POCF Range Over the Past 10 Years
Min: 6.59  Med: 11.45 Max: 25.83
Current: 22.51
6.59
25.83
EV-to-EBIT 33.23
TAP.A's EV-to-EBIT is ranked lower than
80% of the 180 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 16.29 vs. TAP.A: 33.23 )
Ranked among companies with meaningful EV-to-EBIT only.
TAP.A' s EV-to-EBIT Range Over the Past 10 Years
Min: 9.5  Med: 15.70 Max: 38.2
Current: 33.23
9.5
38.2
EV-to-EBITDA 22.63
TAP.A's EV-to-EBITDA is ranked lower than
75% of the 189 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 13.10 vs. TAP.A: 22.63 )
Ranked among companies with meaningful EV-to-EBITDA only.
TAP.A' s EV-to-EBITDA Range Over the Past 10 Years
Min: 7.5  Med: 10.60 Max: 24
Current: 22.63
7.5
24
PEG 42.80
TAP.A's PEG is ranked lower than
91% of the 86 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 2.77 vs. TAP.A: 42.80 )
Ranked among companies with meaningful PEG only.
TAP.A' s PEG Range Over the Past 10 Years
Min: 0.8  Med: 4.32 Max: 58.91
Current: 42.8
0.8
58.91
Shiller P/E 30.84
TAP.A's Shiller P/E is ranked lower than
58% of the 50 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 29.11 vs. TAP.A: 30.84 )
Ranked among companies with meaningful Shiller P/E only.
TAP.A' s Shiller P/E Range Over the Past 10 Years
Min: 13.31  Med: 19.36 Max: 31.09
Current: 30.84
13.31
31.09
Current Ratio 3.08
TAP.A's Current Ratio is ranked higher than
77% of the 201 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 1.76 vs. TAP.A: 3.08 )
Ranked among companies with meaningful Current Ratio only.
TAP.A' s Current Ratio Range Over the Past 10 Years
Min: 0.57  Med: 1.04 Max: 3.08
Current: 3.08
0.57
3.08
Quick Ratio 2.89
TAP.A's Quick Ratio is ranked higher than
86% of the 201 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 1.09 vs. TAP.A: 2.89 )
Ranked among companies with meaningful Quick Ratio only.
TAP.A' s Quick Ratio Range Over the Past 10 Years
Min: 0.46  Med: 0.85 Max: 2.89
Current: 2.89
0.46
2.89
Days Inventory 39.33
TAP.A's Days Inventory is ranked higher than
83% of the 203 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 95.98 vs. TAP.A: 39.33 )
Ranked among companies with meaningful Days Inventory only.
TAP.A' s Days Inventory Range Over the Past 10 Years
Min: 32.21  Med: 38.28 Max: 50.47
Current: 39.33
32.21
50.47
Days Sales Outstanding 47.27
TAP.A's Days Sales Outstanding is ranked lower than
57% of the 153 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 39.47 vs. TAP.A: 47.27 )
Ranked among companies with meaningful Days Sales Outstanding only.
TAP.A' s Days Sales Outstanding Range Over the Past 10 Years
Min: 33.1  Med: 47.81 Max: 61.84
Current: 47.27
33.1
61.84
Days Payable 198.41
TAP.A's Days Payable is ranked higher than
91% of the 152 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 67.36 vs. TAP.A: 198.41 )
Ranked among companies with meaningful Days Payable only.
TAP.A' s Days Payable Range Over the Past 10 Years
Min: 19.63  Med: 40.88 Max: 85.99
Current: 198.41
19.63
85.99

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 1.64
TAP.A's Dividend Yield is ranked lower than
56% of the 264 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 1.85 vs. TAP.A: 1.64 )
Ranked among companies with meaningful Dividend Yield only.
TAP.A' s Dividend Yield Range Over the Past 10 Years
Min: 1.1  Med: 1.99 Max: 3.34
Current: 1.64
1.1
3.34
Dividend Payout 0.72
TAP.A's Dividend Payout is ranked lower than
82% of the 154 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 0.42 vs. TAP.A: 0.72 )
Ranked among companies with meaningful Dividend Payout only.
TAP.A' s Dividend Payout Range Over the Past 10 Years
Min: 0.09  Med: 0.33 Max: 10.3
Current: 0.72
0.09
10.3
Dividend Growth (3y) 6.10
TAP.A's Dividend Growth (3y) is ranked higher than
56% of the 107 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 4.60 vs. TAP.A: 6.10 )
Ranked among companies with meaningful Dividend Growth (3y) only.
TAP.A' s Dividend Growth (3y) Range Over the Past 10 Years
Min: 0.8  Med: 9.75 Max: 19.1
Current: 6.1
0.8
19.1
Forward Dividend Yield 1.64
TAP.A's Forward Dividend Yield is ranked lower than
58% of the 259 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 2.01 vs. TAP.A: 1.64 )
Ranked among companies with meaningful Forward Dividend Yield only.
N/A
Yield on cost (5-Year) 2.49
TAP.A's Yield on cost (5-Year) is ranked lower than
53% of the 303 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 2.79 vs. TAP.A: 2.49 )
Ranked among companies with meaningful Yield on cost (5-Year) only.
TAP.A' s Yield on cost (5-Year) Range Over the Past 10 Years
Min: 1.67  Med: 3.02 Max: 5.07
Current: 2.49
1.67
5.07
3-Year Average Share Buyback Ratio -1.00
TAP.A's 3-Year Average Share Buyback Ratio is ranked higher than
56% of the 89 Companies
in the Global Beverages - Brewers industry.

( Industry Median: -1.30 vs. TAP.A: -1.00 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
TAP.A' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -34  Med: -0.60 Max: 13.4
Current: -1
-34
13.4

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 7.32
TAP.A's Price/Tangible Book is ranked lower than
84% of the 198 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 2.55 vs. TAP.A: 7.32 )
Ranked among companies with meaningful Price/Tangible Book only.
TAP.A' s Price/Tangible Book Range Over the Past 10 Years
Min: 0.96  Med: 3.92 Max: 1329.46
Current: 7.32
0.96
1329.46
Price/Projected FCF 1.40
TAP.A's Price/Projected FCF is ranked higher than
64% of the 97 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 1.91 vs. TAP.A: 1.40 )
Ranked among companies with meaningful Price/Projected FCF only.
TAP.A' s Price/Projected FCF Range Over the Past 10 Years
Min: 0.69  Med: 1.02 Max: 1.91
Current: 1.4
0.69
1.91
Price/Median PS Value 2.34
TAP.A's Price/Median PS Value is ranked lower than
93% of the 174 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 1.07 vs. TAP.A: 2.34 )
Ranked among companies with meaningful Price/Median PS Value only.
TAP.A' s Price/Median PS Value Range Over the Past 10 Years
Min: 0.18  Med: 0.51 Max: 2.29
Current: 2.34
0.18
2.29
Price/Graham Number 3.76
TAP.A's Price/Graham Number is ranked lower than
81% of the 149 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 1.78 vs. TAP.A: 3.76 )
Ranked among companies with meaningful Price/Graham Number only.
TAP.A' s Price/Graham Number Range Over the Past 10 Years
Min: 0.81  Med: 1.66 Max: 44.05
Current: 3.76
0.81
44.05
Earnings Yield (Greenblatt) (%) 3.05
TAP.A's Earnings Yield (Greenblatt) (%) is ranked lower than
67% of the 215 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 5.20 vs. TAP.A: 3.05 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
TAP.A' s Earnings Yield (Greenblatt) (%) Range Over the Past 10 Years
Min: 2.6  Med: 6.40 Max: 10.5
Current: 3.05
2.6
10.5
Forward Rate of Return (Yacktman) (%) -0.27
TAP.A's Forward Rate of Return (Yacktman) (%) is ranked lower than
60% of the 120 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 3.61 vs. TAP.A: -0.27 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.
TAP.A' s Forward Rate of Return (Yacktman) (%) Range Over the Past 10 Years
Min: -6.8  Med: 6.00 Max: 24
Current: -0.27
-6.8
24

More Statistics

Revenue (TTM) (Mil) $3,525
EPS (TTM) $ 2.28
Beta1.10
Short Percentage of Float0.24%
52-Week Range $65.50 - 100.17
Shares Outstanding (Mil)214.68

Analyst Estimate

Dec16 Dec17 Dec18
Revenue (Mil $) 6,938 11,436 11,090
EPS ($) 3.69 4.85 5.31
EPS without NRI ($) 3.69 4.85 5.31
EPS Growth Rate
(3Y to 5Y Estimate)
13.29%
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