MNSTMonster Beverage

$46.20+32% 1Y

RyuScore

Seven criteria, each scored 0 to 100 on a published scale, weighted into one number.

RyuScore 64 out of 100, Above average

Above average. Monster Beverage scores higher than 66% of the 2,231 companies Ryufin scores.

Carried by return on capital and capital allocation, held back by valuation.

Consumer Defensive median 63 · all companies 55

How the score has moved

At each fiscal year end, from the reports and price of the time
80
84
64
20232024today

The biggest move was down 20 points from 2024 to today, mostly valuation.

Valuation

26% of the score, 28% here after data gaps

32median 53

Monster Beverage is valued at 33.2x its operating profit before acquisition amortisation (EBITA), including debt: a very rich multiple.

60x
50x
35x
25x
18x
12x
8x
33.2x
Full points at 8x or less, none from 60xfull points

Return on capital

18% of the score, 20% here after data gaps

100median 24

Over 7 years the business earned 34% a year after tax on the capital it uses.

2%
8%
15%
25%
34%
None at 2% or less, full points from 25%full points
Return on capital by year
7 years agolatest 34%

Return on new capital

16% of the score, 17% here after data gaps

50median 33

For every dollar of operating profit earned over 6 years, yearly profit grew by 4 cents. New capital earned 14%, and 25% of profit went back into the business.

-5%
12%
3.6%
None at minus 5 cents, full points from 12 centsfull points

Capital allocation

14% of the score, 15% here after data gaps

90median 63

How management spends the money: shares bought back or issued, and whether assets grow faster than the business they serve.

Share countDown 1.7% a year over 5 years: buybacks
83
5%
-3%
-1.7%
0 pointsfull points
Assets against salesAssets grew 10% a year, sales 13%
100
12%
-2%
-2.5%
0 pointsfull points

Cycle position

12% of the score, 13% here after data gaps

67median 63

Today's operating margin of 29% is 0.98x its normal 30%: close to its usual level. Normal is half the 10 year median, half the last four years, so a margin that has held is not taken for a peak.

2x
1.5x
1x
0.7x
1x
A trough earns points, a peak costs themfull points
Operating margin by year, against its normal level
10 years agonow 29%

Balance sheet

Taken out: its 8% is shared by the others

n/ano data

No debt or interest figures on file.

Earnings quality

6% of the score, 7% here after data gaps

71median 90

Whether the reported profit arrives as cash, and whether the accounts show the usual signs of stretching.

Cash against profitOperating cash flow was 1.14x profit over 3 years
79
0.7x
1x
1.3x
1.1x
0 pointsfull points
AccrualsCash ran ahead of profit by 2.2% of assets
71
8%
0%
-8%
-2.2%
0 pointsfull points
Beneish M-score-2.30
64
-1.50
-1.78
-2.22
-3.00
-2.30
0 pointsfull points

How the RyuScore works

Each criterion earns 0 to 100 points on the scale drawn under it, and the RyuScore is their average weighted 26, 18, 16, 14, 12, 8 and 6. Scales bend in the company's favour between their ends, so an ordinary figure is never already near zero. For MNST, balance sheet could not be measured from the filings, so it is taken out and the remaining weights scale up.

Built from the company's annual and quarterly filings with the SEC and today's share price. Banks, insurers and property trusts are not scored: their debt is their raw material, so these yardsticks mean something else there. Figures as of 2026-06-30, latest annual report FY2025.