Monster Beverage Corporation (MNST)

NASDAQ: MNST · USD

$45.6

+0.19 (+0.4%)· Recorded snapshot

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StockMarketAgent Research · Analyzed 2026-09-30

Our latest published analysis: MNST rated Reduce

Monster Beverage Corporation's published Reduce conclusion compares the analysis-date price with fair value and potential value. Read the full report for assumptions, evidence, and material risks.

Fair value

$36.6 / share

Potential value

$43.4 / share

Upside to FV

-12.9%

from $45.6

Moat

8/10

Narrow

Read full analysis →View archive · 24mo

9-phase methodology · same model in each published edition

Market cap	$82.2B
Revenue (ttm)	9.2B
Net income (ttm)	2.1B
EPS (ttm)	$1.08
Shares out	2B
P/E (trailing)	42.2x
P/E (forward)	33.7x
Volume	4,791,995
Beta	0.49

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 9.2B
Net income (ttm): 2.1B
EPS (ttm): $1.08
P/E (trailing): 42.2x
P/E (forward): 33.7x
Market cap: $82.2B

Item	P1	P2	P3	P4	P5	Trend
Period	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31	Trend
Revenue	$5.54B	$6.31B	$7.14B	$7.49B	$8.29B	+10.6%
Gross profit	$3.11B	$3.17B	$3.79B	$4.05B	$4.63B	+10.5%
Operating income	$1.80B	$1.58B	$1.95B	$1.93B	$2.42B	+7.7%
Net income	$1.38B	$1.19B	$1.63B	$1.51B	$1.91B	+8.4%
EPS (diluted)	$1.60	$1.41	$1.58	$1.51	$2.02	+6.0%
EBITDA	$1.85B	$1.65B	$1.95B	$2.10B	$2.60B	+9.0%
R&D	—	—	—	—	—	—
SG&A	$674.2M	$877.7M	$1.07B	$1.18B	—	+20.6%

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
AAPL	Apple Inc.	5T	39.4x	10.8x	101.6%	+6.1%	+28.5%	売り
ABNB	Airbnb, Inc.	97.8B	37.5x	7.4x	16.8%	+24.4%	+28.5%	売り
ADBE	Adobe Inc.	97.1B	13.9x	3.7x	57.2%	+11.5%	-30.7%	強い買い
ADM	Archer-Daniels-Midland Company	37.3B	21.2x	0.5x	5.0%	+1.8%	+28.5%	縮小
BF.B	Brown-Forman Corporation Class B	12.7B	17.9x	3.3x	14.3%	+1.6%	+0.4%	買い
CAG	Conagra Brands, Inc.	6.6B	—	0.6x	9.2%	+0.2%	-18.9%	強い買い

Base and Bull scenarios

Base60%

Price target

$36.58

-12.9% from spot

In the base scenario, Monster delivers steady revenue growth normalizing across FY2026 and FY2027 and tapering toward long-term category growth. Operating margins remain stable supported by asset-light co-packing and Coca-Cola distribution scale. International expansion in EMEA, Latin America, and Asia Pacific offsets domestic convenience store maturity, generating durable free cash flow conversion toward $36.58.

Revenue growth transitions across FY2026 and FY2027 toward category rates
Operating margin stabilizes supported by co-packing scale
Effective tax rate holds near historical levels
Reinvestment rate remains modest relative to operating earnings

Bull20%

Price target

$43.39

+3.4% from spot

In the bull scenario, Monster accelerates organic revenue growth by expanding international cooler penetration and per-capita energy drink consumption across EMEA, Latin America, and Asia Pacific via the global Coca-Cola bottling system. Asset-light co-packing discipline and sustained pricing power expand gross margin and operating margin, converting incremental volume into expanding free cash flow and compounding per-share intrinsic value toward $43.39.

Revenue growth accelerates through international market share gains
Operating margin expands through gross margin leverage and pricing
International volume growth accelerates via Coca-Cola distribution
Diluted share count contracts via buybacks

Sensitivity: Ke × terminal growth

The highlighted cell is Fair value when every assumption sits at its base level ($36.58). Each row and column shows what Fair value becomes when one assumption moves.

Ke ↓ / g →	2.5%	2.8%	3.0%	3.3%	3.5%
6.5%	$36.3	$38.1	$40.1	$42.4	$45.2
7.0%	$32.9	$34.2	$35.7	$37.5	$39.4
7.5%	$30.1	$31.1	$36.6	$33.6	$35.1
8.0%	$27.8	$28.7	$29.6	$30.6	$31.8
8.5%	$25.9	$26.6	$27.4	$28.2	$29.1

Scorecard

Published factor rows and weighted composite

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E33.7

P25 n/aP50 n/aP75 n/a

Trailing P/E38.7

P25 n/aP50 n/aP75 n/a

ROE25.7

P25 n/aP50 n/aP75 n/a

ROIC36.3

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All MNST indicators

Market & fundamental data

Available fields

280

Groups with data

Currency

USD

Showing 280 of 280 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	USD
CIK code	0000865752
Company name	Monster Beverage Corporation
Country	United States
Country code	US
CUSIP number	61174X109
Earnings date	2026-11-09
Earnings time	amc
Employees	6,891
Employees change	333
Employees growth	5.08%
Enterprise value	$86.1B
Exchange	NASDAQ
Financial currency	USD
Financial report date	2026-06-30
First seen	2026-05-09
Fiscal year end	December
Founded	1985
In index	SP500, NASDAQ100
Industry	Beverages - Non-Alcoholic
Is primary listing	Yes
Is SPAC	No
ISIN number	US61174X1090
Last 10-K release date	2026-02-27
Last earnings date	2026-08-06
Last refreshed	2026-10-28
Last stock split date	2026-08-11
Last stock split type	Forward
Market cap	$89.4B
Market cap category	Large-Cap
Next earnings date	2026-11-09
Options	Yes
Price	$45.63
Price currency	USD
Sector	Consumer Staples
SIC code	2086
Stock price date	2026-10-28
Symbol	MNST
U.S. state	California
Website	https://www.monsterbevcorp.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Adjusted P/E ratio	41.45x
Average P/E ratio (10Y)	35.68x
Average P/E ratio (3Y)	36.54x
Average P/E ratio (5Y)	37.26x
Earnings yield	2.37%
EV/Earnings	40.34x
EV/EBIT	30.51x
EV/EBITDA	29.26x
EV/FCF	40.91x
EV/Sales	9.31x
FCF / EV yield	2.44%
FCF yield	2.35%
Forward EV/Sales	8.43x
Forward P/E	37.18x
Forward P/S	8.76x
Graham number	10.77795
Graham upside	-76.31%
Industry forward P/E	21.4x
Industry P/E	24.3x
Lynch fair value	$7.24
Lynch upside	-84.09%
P/(FCF - SBC) ratio	45.43x
P/(OCF - SBC) ratio	42.39x
P/B ratio	9.51x
P/E ratio	42.24x
P/FCF ratio	42.49x
P/OCF ratio	39.82x
P/S ratio	9.67x
PEG ratio	3.26x
Price / tangible book value	13.4x
Price/EBITDA ratio	30.39x
Sector forward P/E	21.33x
Sector P/E	28.29x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	30.51%
EBITDA margin	31.82%
Effective tax rate	23.36%
FCF margin	22.76%
Gross margin	55.55%
Operating margin	30.51%
Pretax margin	30.11%
Profit margin	23.08%
Profit per employee	$308,761
Profitable quarters	70
Profitable years	30
Revenue per employee	$1.3M
ROA	17.48%
ROA (5Y)	15%
ROCE	29.11%
ROE	25.7%
ROE (5Y)	22.1%
ROIC	36.31%
ROIC (5Y)	34.94%
SBC / revenue	1.47%
Tax / revenue	7.03%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	34.61%
EPS growth (Q)	18%
EPS growth (QoQ)	1.72%
EPS growth 10Y	15%
EPS growth 3Y	16.68%
EPS growth 5Y	8.44%
EPS growth quarters	6
EPS growth years	1
FCF growth	13.1%
FCF growth (Q)	6.02%
FCF growth (QoQ)	-21.15%
FCF growth 3Y	15.87%
FCF growth 5Y	7.3%
Gross profit growth	21.16%
Gross profit growth (Q)	20.67%
Gross profit growth 3Y	13.63%
Gross profit growth 5Y	11.44%
Net income growth	35.23%
Net income growth (Q)	19.59%
Net income growth (QoQ)	2.64%
Net income growth 3Y	14.02%
Net income growth 5Y	6.7%
Net income growth quarters	6
Net income growth years	1
OCF growth	9.01%
OCF growth (Q)	9.27%
OCF growth (QoQ)	-15.83%
OCF growth 10Y	13.9%
OCF growth 3Y	13.77%
OCF growth 5Y	8.19%
Operating income growth	28.47%
Operating income growth (Q)	17.23%
Operating income growth 3Y	15.6%
Operating income growth 5Y	9.33%
Revenue growth	20.37%
Revenue growth (Q)	20.17%
Revenue growth (QoQ)	7.83%
Revenue growth 10Y	12.22%
Revenue growth 3Y	11.27%
Revenue growth 5Y	12.36%
Revenue growth quarters	5
Revenue growth years	25

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	$-140.8M
Depreciation and amortization	$120.2M
EBIT	$2.8B
EBITDA	$2.9B
EPS	$1.08
FCF per share	$1.07
Financing cash flow	$-74.1M
Free cash flow	$2.1B
Free cash flow minus SBC	$2B
Gross profit	$5.1B
Income taxes	$648.6M
Investing cash flow	$-1.9B
Net borrowing	$-8.9M
Net cash flow	$265.5M
Net income	$2.1B
Operating cash flow minus SBC	$2.1B
Operating income	$2.8B
Revenue	$9.2B
Stock-based compensation	$135.8M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	24.94
Book value per share	$4.78
Debt / EBITDA	0.03
Debt / equity	0.01
Debt / FCF	0.04
Goodwill	$1.3B
Interest coverage	1,339.57
Long-term assets	$5B
Long-term liabilities	$300.6M
Net cash (debt)	$3.3B
Net cash / market cap	3.73%
Net cash growth	65.76%
Net debt / EBITDA	-1.13
Net debt / equity	-0.36
Net debt / FCF	-1.59
Piotroski F-Score	7
Property, plant and equipment	$1.1B
Shareholders' equity	$9.4B
Tangible book value	$6.7B
Tangible book value per share	$3.39
Total assets	$11.4B
Total cash	$3.4B
Total debt	$92.9M
Total liabilities	$2B
WACC	6.95%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.92
Current assets	$6.4B
Current liabilities	$1.7B
Current ratio	3.73
Inventory turnover	5.37
Net working capital	$1.3B
Quick ratio	3.1
Working capital	$4.7B
Working capital turnover	2.35

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	-0.51%
Dividend yield	0%
Shareholder yield	-0.51%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	282.39%
10Y return CAGR	14.36%
10Y total return	282.4%
150-day SMA	$44.05
15Y price change	1,182%
15Y return CAGR	18.54%
15Y total return	1,181.98%
1D price change	0.41%
1M price change	5.93%
1M total return	5.93%
1W price change	-2.92%
1W total return	-2.92%
1Y price change	31.07%
1Y return CAGR	31.1%
1Y total return	31.07%
20-day SMA	$44.79
200-day SMA	$43.01
20Y price change	3,285.1%
20Y return CAGR	19.26%
20Y total return	3,284.68%
3M price change	-4.2%
3M total return	-4.2%
3Y price change	83.03%
3Y return CAGR	22.32%
3Y total return	83.03%
50-day SMA	$44.78
50-day SMA vs 200-day SMA	50over200
52-week high	$50.17
52-week high date	2026-07-17
52-week low	$32.94
52-week low date	2025-11-06
5Y price change	115.2%
5Y return CAGR	16.57%
5Y total return	115.2%
6M price change	18.83%
6M total return	18.83%
All-time high	$50.17
All-time high date	2026-07-17
All-time low	$0.00
All-time low date	1995-12-14
Average true range (ATR)	$1.02
Average volume	8.5M
Beta (1Y)	0.34
Beta (2Y)	0.32
Beta (5Y)	0.49
Change from 52-week high	-9.06%
Change from 52-week low	38.52%
Change from all-time high	-8.98%
Change from all-time low	1,472,964.52%
Change from open	1.12%
Day's gap	-0.7%
Dollar volume	$218.6M
High price	$45.82
Low price	$44.99
Monthly RSI	63.36
Open price	$45.12
Position in 52-week range	76.51%
Premarket change	-0.46%
Premarket close	$45.44
Premarket price	$45.23
Premarket volume	5.8K
Previous close	$45.44
Price vs 150-day SMA	3.66%
Price vs 20-day SMA	1.94%
Price vs 200-day SMA	6.19%
Price vs 50-day SMA	1.97%
Relative volume	0.56
RSI	54.16
Sharpe ratio	0.99
Sharpe ratio (3Y)	0.77
Sharpe ratio (5Y)	0.58
Sortino ratio	1.86
Sortino ratio (3Y)	1.41
Sortino ratio (5Y)	1.09
Volume	4.8M
Weekly RSI	55.37
YTD price change	19.12%
YTD total return	19.12%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	1.8B
Float percentage	92.53%
Shares change (QoQ)	0.02%
Shares change (YoY)	0.51%
Shares held by insiders	0.23%
Shares held by institutions	68.15%
Shares outstanding	2B
Short % of float	2.45%
Short % of shares	2.27%
Short ratio	4.4 days

Deeper analysis on MNST

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Quote this valuation with its source: Fair value, Potential value and the price at analysis.

Frequently asked questions

About this MNST report

What is the latest published MNST stock rating?

Monster Beverage Corporation is shown with Reduce in the latest published report, analyzed 2026-09-30. The hub links directly to the full analysis surface where the dated rating, fair-value bridge, risks, and scorecard are documented together.

Where can I read the full MNST analysis?

The full latest published report, analyzed 2026-09-30, lives at /stocks/MNST/analysis. The bare ticker page summarizes that read and links to each analysis tab; earlier editions remain under /analysis/archive.

What fair value is used for MNST?

The latest published report analyzed 2026-09-30 gives MNST a fair value of USD 37 and a potential value of USD 43. These are dated research outputs, not live market prices; review the valuation assumptions, sensitivity analysis, and material risks before making a decision.

How often is the MNST page updated?

The hub selects the latest published stock report regardless of age and displays its analysis date (2026-09-30). Separately sourced market data is labeled with its own recorded timestamp and is never inferred from the report.

ReduceMNST · Fair value $36.6-12.9%

Read full analysis →

Monster Beverage Corporation (MNST)

Our latest published analysis: MNST rated Reduce

Price

Financial snapshot

Fair-value bridge

Latest news · MNST

Valuation

Profitability

Balance sheet

Trading

Base and Bull scenarios

Sensitivity: Ke × terminal growth

Scorecard

Next earnings

Sector percentile context

All MNST indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on MNST

Frequently asked questions

レーティング履歴

Category	Score	Reading
Valuation	3.0
Management	8.5
Balance Sheet	8.5
Profitability	7.5
Revenue Growth	7.5
Risk Assessment	9.0
Competitive Moat	8.0
Earnings Quality	6.5
Capital Efficiency	8.5