Molson Coors Beverage (NYSE:TAP) Is Doing The Right Things To Multiply Its Share Price [Yahoo! Finance]
Molson Coors Beverage Company Molson Coors Brewing Company Class A (TAP.A)
US:NYSE Investor Relations:
ir.molsoncoors.com/overview/default.aspx
Company Research
Source: Yahoo! Finance
One common approach is to try and find a company with returns on capital employed (ROCE) that are increasing, in conjunction with a growing amount of capital employed. This shows us that it's a compounding machine, able to continually reinvest its earnings back into the business and generate higher returns. So on that note, Molson Coors Beverage NYSE:TAP ) looks quite promising in regards to its trends of return on capital. What Is Return On Capital Employed (ROCE)? For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. The formula for this calculation on Molson Coors Beverage is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.072 = US$1.6b ÷ (US$26b - US$4.1b) (Based on the trailing twelve months to December 2023) So, Molson Coors Beverage has an ROCE of 7.2%. Ultimately, that's a low return and it under-performs the Be
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News
- Non-alcoholic Beer Market Set to Soar Past USD 34.01 Billion by 2030 [Yahoo! Finance]Yahoo! Finance
- 15 Top Rated Bourbon Whiskeys Under $100 [Yahoo! Finance]Yahoo! Finance
- Is There An Opportunity With Molson Coors Beverage Company's (NYSE:TAP) 49% Undervaluation? [Yahoo! Finance]Yahoo! Finance
- Celsius (NASDAQ:CELH): Strongest Q3 Results from the Beverages and Alcohol Group [Yahoo! Finance]Yahoo! Finance
TAP.A
Sec Filings
- 4/2/24 - Form 4
- 3/5/24 - Form 4
- 3/5/24 - Form 4
- TAP.A's page on the SEC website