Molson Coors Brewing Co Class B (TAP) fair value: what the stock is really worth
As of Sep 23, 2026: fair value of Molson Coors Brewing Co Class B $75.94, price $36.62, upside +107.4%, quality 50 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Molson Coors Brewing Co Class B for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 23, 2026.
How to read this chart
60‑month range $36.62 – $63.76 · fair‑value band $46.21 – $114.96 · the $36.62 price screens below the $75.94 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 23, 2026.
Follow Molson Coors Brewing Co Class B in your weekly email
Every Wednesday you see whether Molson Coors Brewing Co Class B is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Molson Coors Beverage Company manufactures, markets, distributes, and sells beer and other malt beverage products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers flavored malt beverages including hard seltzers, craft, spirits, and ready to drink beverages.
Show more
Molson Coors Beverage Company manufactures, markets, distributes, and sells beer and other malt beverage products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers flavored malt beverages including hard seltzers, craft, spirits, and ready to drink beverages. The company also provides non-alcoholic beverages including premium mixers and energy drinks. It offers its products under Arnold Palmer Spiked, Aspall Cider, Blue Moon, Beck's, Blue Run Spirits, Cobra, Corona Extra, Coors Original, Fever-Tree, Heineken, Hidra, Leinenkugel's, Madri, Miller Genuine Draft, Molson Ultra, Peroni Nastro Azurro, Pilsner Urquell, Redd's, Rekorderlig, Sharp's, Simply Spiked, Staropramen, Stella Artois, Topo Chico Hard Seltzer, ZOA Energy, and Vizzy Hard Seltzer above premium brands; Bergenbier, Borsodi, Burgasko, Carling, Coors Banquet, Coors Light, Jelen, Miller Lite, Molson Canadian brands, Niksicko, and O"ujsko under the premium brands; and Branik, Icehouse, Keystone, Lowenbrau, Miller High Life, Milwaukee's Best, and Steel Reserve under the economy brands. The company was formerly known as Molson Coors Brewing Company and changed its name to Molson Coors Beverage Company in January 2020. Molson Coors Beverage Company was founded in 1774 and is based in Golden, Colorado.
Stock analysis
Molson Coors Brewing Co Class B (TAP) currently trades at $36.62, while our model-based Fair Value estimate is $75.94, implying the stock looks roughly 51.8% undervalued today.
Show more
Valuation
Bull case: the DCF Models group reads highest at a median of $70.41 per share, and 6 of the 9 models we run sit above the $36.62 price.
Bear case: the Dividend Discount group reads lowest at $27.36, and 3 of the 9 models stay below the price. Evidence for this calculation is medium.
Scenario range: $46.21 (bear) to $114.96 (bull), the price of $36.62 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 50/100 (solid quality), in the Consumer Defensive sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Molson Coors Brewing Co Class B reported revenue of $11.1B in FY2025 versus $10.3B in FY2021, a compound +2.0%/yr. Reported net income was −$2.1B in FY2025.
Key figures
Market cap $7.8B · P/S ratio 0.70 · EPS (TTM) $−10.55 · Dividend yield 5.2% · Net margin −19.2% · Return on equity −18.1% · Return on assets (EBIT) 1.6% · Operating margin 12.4%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 46 out of 100 (low confidence).
What moves the price
The share trades about 31% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Defensive peers we cover trades at −4% fair-value upside, at 107%, TAP screens cheaper than that median.
Fair Value models
Bear $46.21Fair Value $75.94Bull $114.96
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.35/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−4.2%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+1.4%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+2.9%
Start year 2020 (pandemic). Over 10 years: +12.1% a year
Revenue growth 40 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+5.6%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
−4.2% (2020) → −21.0% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far and less than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−3.1%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+0.5%
Yearly sales growth analysts expect, extended to five years.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about −5.3% a year for the price and −1.8% for the forecasts.
Compare Molson Coors Brewing Co Class B with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Beverages - Brewers · 58 stocks
Beats the industry median on 7/12 measures
A mixed picture versus its industry peers.
Valuation
Quality Score50 · Bottom 25%
Fair Value upside+107% · Top 25%
Profitability
Return on assets4% · Above median
Net margin (TTM)−19% · Bottom 25%
Operating margin (TTM)12% · Above median
Growth and dividend
Revenue growth2% · Above median
Dividend yield (TTM)5.2% · Above median
Balance sheet
Debt / equity0.37× · Above median
Valuation Multiplesvs Beverages - Brewers median · lower = cheaper
P/B0.76× · book value is mostly goodwill ⓘGoodwill and other intangible assets are larger than the equity. The book value mainly reflects prices paid for past acquisitions, so we do not rank this P/B against the peer group.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Molson Coors Brewing Co Class B Fair Value". https://www.fairvalue-calculator.com/stock/TAP
Frequently asked questions
Is Molson Coors Brewing Co Class B (TAP) overvalued or undervalued?
As of Sep 23, 2026, our model estimates a fair value of $75.94 versus a price of $36.62, about +107% upside (undervalued).
What is the fair value of TAP?
Our model-based fair value for Molson Coors Brewing Co Class B is $75.94 (as of Sep 23, 2026), built from audited fundamentals. The current price: $36.62.
What is the quality score of TAP?
Molson Coors Brewing Co Class B has a Quality Score of 50/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Molson Coors Brewing Co Class B (TAP)?
Our model-based price target is the fair value of $75.94 (as of Sep 23, 2026) from 9 valuation models. Cautious scenario $46.21, optimistic scenario $114.96. It is a calculation from audited fundamentals, not an analyst target.
What is the Molson Coors Brewing Co Class B stock forecast for 2026?
Our models put fair value at $75.94, about +107% upside versus a price of $36.62 (undervalued). Cautious scenario $46.21, optimistic scenario $114.96. The calculation is refreshed regularly with new filings.
What is the revenue of Molson Coors Brewing Co Class B (TAP)?
Molson Coors Brewing Co Class B reported trailing-twelve-month revenue of about $11.2B (latest available figure, as of Sep 23, 2026).
Does Molson Coors Brewing Co Class B pay a dividend?
Molson Coors Brewing Co Class B currently shows a dividend yield of about 5.16% relative to its recent price (as of Sep 23, 2026).
What growth is priced into Molson Coors Brewing Co Class B (TAP)?
For today's price to be fair in a discounted-cash-flow model, Molson Coors Brewing Co Class B would have to grow free cash flow by -3.1 % per year for five years (discount rate 8.5 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +2.9 % per year. As of Sep 23, 2026.
What discount rate (WACC) does the fair value of TAP use?
Our models discount Molson Coors Brewing Co Class B at 8.5 %: a base by market capitalisation (mid), damped by beta 0.42, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Molson Coors Brewing Co Class B that is -3.1 % per year a year over ten years, using the same discount rate (8.5 %) and the same formula as our fair value.
How much growth has Molson Coors Brewing Co Class B (TAP) delivered so far?
Over the past 5 years revenue at Molson Coors Brewing Co Class B grew +2.9 % a year. The price currently implies -3.1 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Molson Coors Brewing Co Class B (TAP) growing?
The median revenue growth in the sector is +2.8 % a year. That is the yardstick for the growth priced into Molson Coors Brewing Co Class B (-3.1 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Molson Coors Brewing Co Class B (TAP)?
The free-cash-flow yield on the price is 14.90 %: that much free cash flow Molson Coors Brewing Co Class B produces per unit of market value. When it exceeds the discount rate of our models (8.5 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Molson Coors Brewing Co Class B (TAP)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Molson Coors Brewing Co Class B it is $75.94 per share (as of Sep 23, 2026), against a price of $36.62. It is the blended result of 9 valuation models (cash flow, earnings, asset, dividend).
Is Molson Coors Brewing Co Class B stock overvalued or undervalued in 2026?
As of Sep 23, 2026, TAP trades below its calculated fair value: price $36.62, fair value $75.94, a gap of about +107% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of TAP?
No. The price is what the market pays today ($36.62); the fair value is what the company's own numbers justify ($75.94). For Molson Coors Brewing Co Class B the two are $39.32 per share apart. That gap is exactly why we show both numbers side by side.
How much is Molson Coors Brewing Co Class B worth?
The market values Molson Coors Brewing Co Class B at about $7.8B (market capitalisation, as of Sep 23, 2026). Per share that is $36.62; our models calculate a fair value of $75.94 per share.
What do the bullish and bearish scenarios say about TAP?
Our models span a range for Molson Coors Brewing Co Class B: cautious scenario $46.21, base $75.94, optimistic $114.96 per share (as of Sep 23, 2026, price $36.62). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the PEG ratio of TAP?
The PEG ratio of Molson Coors Brewing Co Class B is 3.92 (P/E divided by earnings growth, as of Sep 23, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Molson Coors Brewing Co Class B (TAP)?
Balance-sheet figures for Molson Coors Brewing Co Class B (as of Sep 23, 2026): return on equity −18.1%, debt of 0.37 per unit of equity. They feed the Quality Score of 50/100, which measures business quality independently of the share price.
How far is TAP from its 52-week high?
Molson Coors Brewing Co Class B trades at $36.62, about 31% below its 52-week high of $53.19 and at the low of $36.62 (as of Sep 23, 2026). Distance from the high says nothing about value: that is what the fair value of $75.94 is for.
Which stocks are comparable to Molson Coors Brewing Co Class B?
From the same area (Consumer Defensive) we also value Anheuser-Busch InBev SA, Heineken N.V, Fomento Económico Mexicano, S.A., Constellation Brands, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Molson Coors Brewing Co Class B stock attractive at the current price?
The data as of Sep 23, 2026: price $36.62, calculated fair value $75.94 (+107%), Quality Score 50/100, from 9 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of TAP calculated?
We run Molson Coors Brewing Co Class B through 9 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $75.94, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.1 % above its aggregate fair value. Molson Coors Brewing Co Class B currently trades 107 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Molson Coors Brewing Co Class B (TAP)?
The closing price on Sep 23, 2026 was $36.62. Our model-based fair value is $75.94, about +107% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Molson Coors Brewing Co Class B right now?
The price is below even our cautious bear case ($46.21). The market is more pessimistic than our downside scenario. Solid quality (50/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range ($46.21 to $114.96) leaves room in how you read the outcome.
Where does the earnings growth of Molson Coors Brewing Co Class B (TAP) come from?
Earnings per share at Molson Coors Brewing Co Class B grew +0.0 % a year from 2014 to 2025. Broken into its drivers: revenue per share +11.6 %, EBIT margin −10.9 %, tax rate +0.9 %, residual (interest, one-offs) −0.3 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Molson Coors Brewing Co Class B
How large is the market capitalisation of Molson Coors Brewing Co Class B (TAP)?
The market capitalisation of Molson Coors Brewing Co Class B is $7.8B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Molson Coors Brewing Co Class B (TAP)?
The price-to-sales ratio of Molson Coors Brewing Co Class B is 0.70 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Molson Coors Brewing Co Class B (TAP)?
Earnings per share at Molson Coors Brewing Co Class B are $−10.55. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Molson Coors Brewing Co Class B (TAP)?
The dividend yield of Molson Coors Brewing Co Class B is 5.2%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Molson Coors Brewing Co Class B (TAP)?
The net margin of Molson Coors Brewing Co Class B is −19.2% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Molson Coors Brewing Co Class B (TAP)?
The return on equity (ROE) of Molson Coors Brewing Co Class B is −18.1% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Molson Coors Brewing Co Class B (TAP)?
On an EBIT basis the return on assets of Molson Coors Brewing Co Class B is 1.6% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Molson Coors Brewing Co Class B (TAP)?
The operating margin of Molson Coors Brewing Co Class B is 12.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Molson Coors Brewing Co Class B (TAP)?
Revenue at Molson Coors Brewing Co Class B is growing +2.0% versus a year earlier (3y avg +1.4%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Molson Coors Brewing Co Class B (TAP)?
Earnings per share at Molson Coors Brewing Co Class B are growing +35.6% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Molson Coors Brewing Co Class B (TAP) carry?
The net debt of Molson Coors Brewing Co Class B is $5.4B (fiscal year 2025, ≈ 5.1 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Molson Coors Brewing Co Class B in the live analysis
One click puts Molson Coors Brewing Co Class B on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
Some data
Sep 23, 2026