Coca-Cola Co (KO) is overvalued and Monster Beverage Corp (MNST) is overvalued.
Both trade above our estimate of their intrinsic value. MNST is the closer of the two: -80%, against -80% for KO.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 7.4% (average of 3 methods) values the shares at $49.15; the price of $88.61 is 80% above that value, and 82% of that value comes from beyond year five.
Leak Score 65/100 on 10 of 12 signals
Discounting its cash flows at 8.2% (average of 3 methods) values the shares at $24.62; the price of $44.27 is 80% above that value, and 79% of that value comes from beyond year five.
Leak Score 60/100 on 8 of 12 signals
| Metric | KO | MNST |
|---|---|---|
| Verdict | Overvalued | Overvalued |
| Price | $88.61 | $44.27 |
| Intrinsic value | $49.15 | $24.62 |
| Margin of safety | -80% | -80% |
| Leak Score | 65/100 (10/12) | 60/100 (8/12) |
| Market cap | $381.2B | $86.7B |
| Revenue growth, 5 years | 7.9% | 12.5% |
| Operating margin | 31.9% | 29.2% |
| Net margin | 28.3% | 23.1% |
| Return on equity | 44.2% | 25.7% |
| Debt to equity | 1.20 | 0.00 |
| P/E | 26.7x | 41.1x |
| Forward P/E | 25.1x | 33.8x |
| P/B | 10.6x | 9.3x |
| Dividend yield | 2.5% | — |