Intrinsic Valuation of: MNST
Free Cash Flow Average and Growth over past 5Y Key Statistics
Year FCF FCF (FCF/Revenue)
2020 - - EPS (FY) 2 Market Cap $85B
2021 - - (-) P/E Ratio 42 Total Asset $10B
2022 $676M - (-) Net Income $2B Total Debt $0
2023 $1B 119.5% (94.0%) EBITDA $3B Total Liab $2B
2024 $2B 9.4% (4.2%) Opr Margin 29.17 Debt/Equity -
2025 $2B 19.6% (8.1%) PreTax Margin 29.17 BV/Share 6
5Y Average FCF $1B 15.0% (35.4%)
Overall Market Assumptions:
Assumptions: P/E for No-Growth Company: 7.0
Perpetual Growth Rate (g): 2.48% Historical US Bond Yield: 4.40%
Discount Rate (WACC): 7.00% Current US Bond Yield: 3.48%
Forcasting Future Free Cash Flow for next 6Y Modified Benjamin Graham's Intrinsic Value
Year FCF Projection (15.0%)
2026 $2B MBG Intrinsic Value $19
2027 $2B
2028 $3B
2029 $3B
2030 $3B
2031 $3B
Terminal Value $67B Net Worth/Share $8
DCF Valuation DCF Valuation "What If" Scenario Table
Enterprise Value $57B Growth Rate
(+) Cash & Cash Equivalents $2B $60 1.5% 2.0% 2.5% 3.0% 3.5%
(-) Total Debt $0 WACC 6.5% 56 61 67 75 85
Equity Value $59B 7.1% 50 54 58 64 71
Shares Outstanding 978,008,110 7.8% 45 48 52 56 61
8.4% 41 44 46 49 53
DCF Intrinsic Value $60 9.0% 38 40 42 44 47
Analyzed by QuantJuice (2025)