Monster Beverage Corp vs Wheaton Precious Metals Corp — how do they compare? Monster Beverage Corp trades at $94.48 (market cap $93.35B), while Wheaton Precious Metals Corp trades at $103.33 (market cap $46.54B). The key difference: Monster Beverage Corp is far larger — about 2× Wheaton Precious Metals Corp's market cap, and Wheaton Precious Metals Corp pays a 0.75% dividend while Monster Beverage Corp pays none. Which is the better fit depends on your goals.
| MNST | WPM | |
|---|---|---|
Market Cap | $93.35B | $46.54B |
Sector | Consumer Staples | Basic Materials |
52-Week High | $99.94 | $165.72 |
52-Week Low | $58.75 | $91.00 |
Enterprise Value | $91.65B | $44.39B |
Dividend Yield | — | 0.75% |
Trailing returns across standard periods
Monster Beverage is a leader in the energy drink subsegment of the beverage industry. The Monster trademark anchors the portfolio, and notable offerings include Monster Energy and Monster Ultra. The firm has also started to incubate new trademarks for emerging enclaves of the energy space, like Reign in performance energy. It is primarily a brand owner, outsourcing most of its manufacturing processes to third-party copackers. It primarily uses the Coca-Cola bottling system for distribution after a strategic agreement in which Coke became Monster's largest shareholder (nearly 20%) and that also included the exchange of certain businesses between the two firms. Most of Monster's revenue is generated in the United States, though international geographies are increasing in the mix.
Read more on MNST →Wheaton Precious Metals Corp is a precious metal streaming company. The company has entered into over 20 long-term purchase agreements with 17 different mining companies, for the purchase of precious metals and cobalt. It has streaming agreements covering approximately 19 operating mines and 9 development stage projects. The company's projects include Vale's Salobo mine and silver streams on Glencore's Antamina mine and Goldcorp's Penasquito mine.
Read more on WPM →