Monster Beverage (MEX:MNST) EV-to-EBITDA: 32.98 (As of Jul. 20, 2026) — 28% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:MNST Monster Beverage Corp MEX:MNST
97 GF Score
Price MXN1,769.00
GF Value MXN1,450.99
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Monster Beverage EV-to-EBITDA?

Monster Beverage MEX:MNST 97 EV-to-EBITDA is 32.98 as of Jul. 20, 2026, which is 28% above its 10-year median of 25.77. GuruFocus rates MEX:MNST with a GF Score™ of 97/100 and a GF Value™ of MXN1,450.99 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 104 Beverages - Non-Alcoholic companies, Monster Beverage ranks worse than 81.73% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Monster Beverage's enterprise value is MXN1,640,689 Mil. Monster Beverage's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was MXN49,748 Mil. Therefore, Monster Beverage's EV-to-EBITDA for today is 32.98.

The historical rank and industry rank for Monster Beverage's EV-to-EBITDA or its related term are showing as below:

MEX:MNST' s EV-to-EBITDA Range Over the Past 10 Years
Min: 18.36   Med: 25.77   Max: 34.71
Current: 34.45

During the past 13 years, the highest EV-to-EBITDA of Monster Beverage was 34.71. The lowest was 18.36. And the median was 25.77.

MEX:MNST's EV-to-EBITDA is ranked worse than
81.73% of 104 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 11.065 vs MEX:MNST: 34.45

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-07-20), Monster Beverage's stock price is MXN1769.00. Monster Beverage's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was MXN37.924. Therefore, Monster Beverage's PE Ratio (TTM) for today is 46.65.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Monster Beverage  (MEX:MNST) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Monster Beverage's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1769.00/37.924
=46.65

Monster Beverage's share price for today is MXN1769.00.
Monster Beverage's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN37.924.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Monster Beverage EV-to-EBITDA Related Terms


Monster Beverage EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Monster Beverage's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Monster Beverage EV-to-EBITDA Chart

Monster Beverage Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.85 30.60 28.06 24.86 28.51

Monster Beverage Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.94 27.26 26.63 28.51 24.97

MEX:MNST vs KDP, COCSF, COKE: EV-to-EBITDA Comparison

For the Beverages - Non-Alcoholic subindustry, Monster Beverage's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Monster Beverage EV-to-EBITDA vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Monster Beverage's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Monster Beverage's EV-to-EBITDA falls into.


MEX:MNST
97GF Score
Monster Beverage Corp MEX:MNST
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Monster Beverage EV-to-EBITDA Calculation

Monster Beverage's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=1640688.780/49747.919
=32.98

Monster Beverage's current Enterprise Value is MXN1,640,689 Mil.
Monster Beverage's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN49,748 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 32.98 mean?
Monster Beverage (MEX:MNST) has a EV-to-EBITDA of 32.98 as of Jul. 20, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Monster Beverage. This is 28% above median its historical median of 25.77. Over the past decade, Monster Beverage's EV-to-EBITDA has ranged from 18.36 to 34.71. According to the industry distribution chart, Monster Beverage ranks #85 out of 104 companies in the Beverages - Non-Alcoholic industry, placing it in the top 81.7%.
Is Monster Beverage's EV-to-EBITDA too high?
Monster Beverage's current EV-to-EBITDA of 32.98 is 28% above median its 10-year median of 25.77. Over the past 10 years, this metric has ranged from a low of 18.36 to a high of 34.71. The Beverages - Non-Alcoholic industry median EV-to-EBITDA is 11.07. Monster Beverage's value of 32.98 is 198.1% above this industry median. Based on the distribution chart, Monster Beverage ranks #85 out of 104 companies in the Beverages - Non-Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Monster Beverage has a GF Score™ of 97/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Monster Beverage's EV-to-EBITDA compare to KDP and COCSF?
According to the Beverages - Non-Alcoholic industry distribution chart, Monster Beverage ranks #85 out of 104 companies for EV-to-EBITDA. This places Monster Beverage in the lower half of its industry. The industry median EV-to-EBITDA is 11.07. Monster Beverage's value of 32.98 is 198.1% above this benchmark. Historically, Monster Beverage's own EV-to-EBITDA has ranged from 18.36 to 34.71 over the past decade. While the company's 10-year median is 25.77 vs. the industry median of 11.07, Monster Beverage has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Beverages - Non-Alcoholic company?
The median EV-to-EBITDA among Beverages - Non-Alcoholic companies is 11.07, based on 104 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Monster Beverage's current EV-to-EBITDA of 32.98 is 198.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Monster Beverage. For the Beverages - Non-Alcoholic industry, the median EV-to-EBITDA is 11.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Monster Beverage's current EV-to-EBITDA is 32.98, which is 28% above median its own 10-year median of 25.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Monster Beverage stock overvalued right now?
Based on GuruFocus' analysis, Monster Beverage (MEX:MNST) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN1,450.99, compared to a current price of MXN1,769.00 — trading 21.9% above its estimated fair value. The current EV-to-EBITDA is 32.98, which is 28% above median its 10-year median of 25.77 and 198.1% above the Beverages - Non-Alcoholic industry median of 11.07. Monster Beverage's overall GF Score™ is 97/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Monster Beverage (MEX:MNST), the current EV-to-EBITDA is 32.98 as of Jul. 20, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Monster Beverage (MEX:MNST) Overvalued in 2026?

Based on GuruFocus' analysis, Monster Beverage stock appears to be overvalued. The current stock price of MXN1,769.00 is trading 21.9% above its estimated GF Value™ of MXN1,450.99. GuruFocus considers Monster Beverage to be Modestly Overvalued.

Key valuation signals for MEX:MNST:

  • EV-to-EBITDA: 32.98 (28% above median its 10-year median of 25.77)
  • GF Value™: MXN1,450.99 vs. price of MXN1,769.00 (21.9% above fair value)
  • GF Score™: 97/100 with 6 warning signs
  • Industry Position: 198.1% above the Beverages - Non-Alcoholic median (#85 of 104)

No single metric tells the full story. See the MEX:MNST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Monster Beverage Business Description

Address 1 Monster Way, Corona, CA, USA, 92879
Monster Beverage is a leader in the energy drink category within the nonalcoholic ready-to-drink beverage market, generating two-thirds of revenue in the US and Canada. The well-known Monster trademark includes brands such as Monster Energy, Monster Ultra, Java Monster, and Juice Monster. The firm also owns other energy drink brands, such as Reign, NOS, Burn, Bang, and Mother, and brews and distributes beers and flavored malt beverages following the acquisition of a craft brewer in 2022. Monster controls branding and innovation but outsources beverage manufacturing and packaging to co-packers and finished goods distribution to bottlers in the global Coca-Cola system (pursuant to a 20-year agreement inked in 2015). Coke is the largest shareholder of Monster, owning a 20% stake.
97GF Score

Get the complete analysis for MEX:MNST

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,769.00
Price
MXN1,450.99
GF Value