Monster Beverage (MNST) Stock Looks Reasonable As Cash Flow Supports The Price

Monster Beverage has delivered strong long term share gains, which naturally raises the question of whether the current price is still aligned with the cash the business can generate. With the stock recently closing at US$43.64, investors are increasingly focused on what its future cash flows can reasonably support. Over the past 5 years the stock has returned 104.0%, which puts a lot of past optimism on the line if the underlying cash generation does not keep pace. The business model is...