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Chit Chat Stocks

This Beer Stock Is Trading At Its Cheapest Multiple In Years (Ticker: TAP)

Jul 3, 2024
Discussing Molson Coors and its iconic beer brands, industry dynamics and challenges in the alcohol market, management and growth strategy, financial position improvement, capital return strategy, valuation and potential returns, risks, uncertainties, and final buying decision
01:01:37

Podcast summary created with Snipd AI

Quick takeaways

  • Molson Coors offers a potential 10% annual return at under 10 times earnings.
  • Management focuses on strategic capital returns and marketing strategies for growth.

Deep dives

Molson Coors Financial Performance and Market Position

Molson Coors has been analyzed for its solid financial performance with an earnings yield above 10%. The company generates over $1 billion in operating earnings yearly and has maintained free cash flow over $1 billion annually, except for 2022. It is noted that the stock appears cheap at under 10 times earnings, offering a potential 10% annual return. Volumes have been stable over the last two years, with revenue showing growth potential.

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