$Monster Beverage (MNST.US)$An American company launched in ...

Revenue has continued to grow over the past 5 years, with an average growth rate of 13.4%. Operating profit increased in the first 4 years, shrank by 11.8% in 2022 due to a sharp decline in gross margin and a sharp increase in expenses. The average growth rate was 5.7%. Net profit declined in the past two years due to income tax, with an average growth rate of 7.8%. There is no interest burden. Gross profit margin has continued to decline for the past 5 years, and the return on net assets is currently 17.5%.

In the first three quarters of 2023, revenue increased by 12.8%, operating profit increased 27.6%, and net profit increased by 42% to reach $1,244 billion.

Currently, the price-earnings ratio is 49.9, and the price-earnings ratio is TTM 37.7. If net profit increases by 40% for the whole year, the price-earnings ratio will drop to 35.6, and the 5-year average net profit growth rate will rise to 10.9%. The valuation does not seem very attractive.