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Monster BeverageMEX:MNST 97 Net-Net Working Capital is MXN49.69 as of Mar. 2026. GuruFocus rates MEX:MNST with a GF Score™ of 97/100 and a GF Value™ of MXN1,450.82 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 47 Beverages - Non-Alcoholic companies, Monster Beverage ranks worse than 85.11% on this metric.
In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.
Monster Beverage's Net-Net Working Capital for the quarter that ended in Mar. 2026 was MXN49.69.
The industry rank for Monster Beverage's Net-Net Working Capital or its related term are showing as below:
MEX:MNST's Price-to-Net-Net-Working-Capital is ranked worse than 85.11% of 47
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 10.42
vs MEX:MNST: 35.32
Monster Beverage (MEX:MNST) Net-Net Working Capital Explanation
One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
Benjamin Graham looked for companies whose market values were less than two-thirds of their net-net value. They are collected under our Net-Net screener.
Monster Beverage Net-Net Working Capital Related Terms
Monster Beverage Net-Net Working Capital Historical Data
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The historical data trend for Monster Beverage's Net-Net Working Capital 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.
MEX:MNST vs KDP, COCSF, COKE: Net-Net Working Capital Comparison
For the Beverages - Non-Alcoholic subindustry, Monster Beverage's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital 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 Price-to-Net-Net-Working-Capital vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Monster Beverage's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Monster Beverage's Price-to-Net-Net-Working-Capital falls into.
* 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.
In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.
In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.
This is a conservative way of estimating the company's value.
What does a Net-Net Working Capital of MXN49.69 mean?
Monster Beverage (MEX:MNST) has a Net-Net Working Capital of MXN49.69 as of Mar. 2026. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Monster Beverage According to the industry distribution chart, Monster Beverage ranks #40 out of 47 companies in the Beverages - Non-Alcoholic industry, placing it in the top 85.1%.
Is Monster Beverage's Net-Net Working Capital too high?
Monster Beverage's current Net-Net Working Capital is MXN49.69. Based on the distribution chart, Monster Beverage ranks #40 out of 47 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 Net-Net Working Capital compare to KDP and COCSF?
According to the Beverages - Non-Alcoholic industry distribution chart, Monster Beverage ranks #40 out of 47 companies for Net-Net Working Capital. This places Monster Beverage in the lower half of its industry. The industry median Net-Net Working Capital is 10.42. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for a Beverages - Non-Alcoholic company?
The median Net-Net Working Capital among Beverages - Non-Alcoholic companies is 10.42, based on 47 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Monster Beverage For the Beverages - Non-Alcoholic industry, the median Net-Net Working Capital is 10.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Monster Beverage's current Net-Net Working Capital is MXN49.69. 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 MXN1,450.82, compared to a current price of MXN1,769.00 — trading 21.9% above its estimated fair value. The current Net-Net Working Capital is MXN49.69. 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 Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Monster Beverage (MEX:MNST), the current Net-Net Working Capital is MXN49.69 as of Mar. 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 MXN1,450.82.
GuruFocus considers Monster Beverage to be Modestly Overvalued.
Key valuation signals for MEX:MNST:
Net-Net Working Capital: MXN49.69
GF Value™: MXN1,450.82 vs. price of MXN1,769.00 (21.9% above fair value)
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 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
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