Molson Coors Brewing Company (NYSE:TAP)
CAPS Rating:
The Company principally is a holding Company. Its operating subsidiaries are Coors Brewing Company, Coors Brewers Limited, Molson Canada and other corporate entities.
The Company principally is a holding Company. Its operating subsidiaries are Coors Brewing Company, Coors Brewers Limited, Molson Canada and other corporate entities.
Recs
Slowly starting to move upwards towards the end of 2012 and early 2013
- still trades at a P/B of 1, below its ten year average of 1.2
- Price/CashFlow is only 8, versus its ten year average of 11
- unseated Budweiser as the #2 beer in America during 2012
- StarBev acquisition gave the company a dominant presence in Central and Eastern Europe
- 20% jump in international sales for 2012
Not a huge growth story, but doesn't need to do much to justify prices at these low of valuations. 5+ years