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Multiples Take a Shot Index
Curated by Multiples, this index tracks publicly listed alcohol companies globally.
Explore the Multiples Take a Shot Index100
public companies
tracked
$1.5T
cumulative
enterprise value
1.7x
median EV/NTM revenue multiple
3%
median NTM/LTM revenue growth
Index Performance
This chart shows the weighted market cap evolution over time for the Multiples Take a Shot Index constituents, indexed to 0% at the beginning of the period.
+0.0%
Multiples Take a Shot Index
Key Index Metrics
This chart shows the median evolution over time of key valuation metrics for the Multiples Take a Shot Index constituents.
Valuation Benchmarks
This chart shows the regression relationship between valuation metrics across companies in the Multiples Take a Shot Index.
Data as of April 1, 2026. Companies with EV multiples above 50x and y-axis values above 250% are considered non-meaningful and excluded from calculation.
Company Rankings
This chart shows company rankings by selected metric within the Multiples Take a Shot Index.
Data as of April 1, 2026. Companies with EV multiples above 50x and y-axis values above 300% are considered non-meaningful and excluded from calculation.
Companies Side-by-Side
Compare key metrics between companies in the Multiples Take a Shot Index.
Metric | |||
|---|---|---|---|
Market Cap | $296B | $269B | $154B |
EV/Revenue (NTM) | 3.4x | 9.4x | 3.4x |
EV/Gross Profit (NTM) | 5.1x | 10.3x | 5.9x |
EV/EBITDA (NTM) | 11.4x | 13.5x | 9.2x |
EV/FCF (NTM) | 21.1x | 18.9x | 16.6x |
Revenue Growth | -1% | 5% | 6% |
Gross Margin (NTM) | 67% | 92% | 57% |
EBITDA Margin (NTM) | 30% | 69% | 36% |
FCF Margin (NTM) | 16% | 50% | 20% |
Rule of 40 | 31% | 74% | 44% |
Rule of X | 33% | 80% | 54% |
Data as of April 1, 2026.
Cumulative Metrics
This chart shows the cumulative sum of selected metrics across all companies in the Multiples Take a Shot Index, over time.
Index Methodology
Similar to the NASDAQ 100 Index, the Multiples Take a Shot Index employs a modified market capitalization weighting scheme.
The weight process uses company-level weights, which are derived using company market capitalization.
Company weights are evaluated based on two rules:
Rule 1
No company's weight may exceed 24%.
Rule 2
The aggregate weight of the companies whose weights exceed 4.5% may not exceed 48%.
If neither rule is 'violated', then no adjustments are made. Only in cases where either or both of the rules are 'violated', weight adjustments are made according to a two-stage adjustment process.
Rule 1 adjustment
If no company's initial weight exceeds 24% of the Index, initial weights are used as Rule 1 weights without adjustment. Otherwise, initial weights are adjusted such that no company's weight may exceed 20% of the Index.
Rule 2 adjustment
If the aggregate weight of the companies whose Rule 1 weights exceeds 4.5% and does not exceed 48%, Rule 1 weights are used as the final weights. Otherwise, Rule 1 weights are adjusted such that:
- The aggregate weight of the companies whose Rule 1 weights exceeded 4.5% is set to 40%.
- Companies with Rule 1 weights below 4.5% may also have their weights adjusted to keep the initial rank order of all companies.
If the two-stage rule process results in a 'violation' of the weighting rules as previously detailed, then the process is repeated until the company weights meet the rule system.
Companies Included in the Multiples Take a Shot Index
This index tracks publicly listed companies in the alcohol and spirits industry.
 | 12.0% | $596 | +6% | $296B | 3.4x | -1% | 67% | 30% | 16% | 31% | $448K | |
 | 10.9% | $215 | -4% | $269B | 9.4x | 5% | 92% | 69% | 50% | 74% | $725K | |
 | 6.3% | $79 | +21% | $154B | 3.4x | 6% | 57% | 36% | 20% | 44% | $415K | |
| 4.1% | $15 | -18% | $60B | 3.6x | 3% | 74% | 44% | 39% | 45% | $513K | |
 | 3.4% | $88 | -3% | $49B | 1.8x | 4% | 55% | 23% | 10% | 30% | $388K | |
 | 3.3% | $3 | +20% | $48B | 2.5x | 3% | 46% | 33% | 24% | 38% | $410K | |
 | 5.9% | $21 | -24% | $47B | 3.5x | -1% | 60% | 32% | 16% | 30% | $678K | |
 | 4.2% | — | — | $34B | — | — | — | — | — | — | — | |
| 3.7% | $24 | -19% | $29B | 4.8x | 6% | 75% | 45% | 25% | 50% | $374K | |
 | 3.4% | $157 | -17% | $27B | 4.1x | 1% | 52% | 39% | 22% | 37% | $963K | |
| 3.1% | $17 | -6% | $25B | 5.0x | 3% | 86% | 58% | 44% | 60% | $1M | |
| 2.9% | $82 | +4% | $23B | 1.1x | 6% | — | — | — | — | $388K | |
| 2.8% | $89 | -19% | $22B | 3.2x | -3% | 59% | 30% | 13% | 24% | $702K | |
 | 2.5% | $151 | +6% | $20B | 2.0x | 2% | 46% | 21% | 9% | 26% | $380K | |
| 2.4% | $34 | -18% | $19B | 4.8x | 23% | 45% | 28% | 19% | 52% | $275K | |
 | 1.9% | $11 | -15% | $15B | 1.2x | 7% | 37% | 15% | -10% | 23% | $542K | |
| 1.7% | $17 | +26% | $14B | 1.2x | -1% | 48% | 14% | 6% | 16% | $438K | |
| 1.7% | $29 | -17% | $13B | 4.0x | 1% | 58% | 30% | 19% | 30% | $795K | |
 | 1.6% | $1 | -7% | $13B | 1.7x | 3% | 52% | 28% | 14% | 31% | $263K | |
| 1.5% | $8 | -21% | $12B | 2.9x | 5% | 70% | 27% | 16% | 31% | $194K | |
| 1.4% | $3 | -1% | $11B | 1.7x | 3% | 44% | 26% | 18% | 29% | $215K | |
 | 1.3% | $15 | -13% | $11B | 7.1x | 10% | 47% | 19% | 17% | 28% | $579K | |
| 1.3% | $8 | -16% | $11B | 1.6x | 2% | 42% | 22% | 12% | 24% | $157K | |
| 1.1% | $49 | -15% | $9B | 1.3x | 0% | 37% | 19% | 10% | 19% | $688K | |
 | 1.1% | $47 | -18% | $9B | — | — | — | — | — | — | $688K | |
| 1.1% | $17 | -24% | $9B | 2.3x | 4% | 78% | 34% | 19% | 36% | $254K | |
 | 1.1% | $0 | -11% | $9B | 1.4x | 2% | — | 16% | 10% | 19% | $177K | |
| 1.1% | $7 | +4% | $8B | 3.1x | 0% | 60% | 25% | 10% | 26% | $676K | |
| 0.7% | $5 | -32% | $6B | 3.3x | 6% | 74% | 38% | 26% | 43% | $319K | |
| 0.6% | $2 | -6% | $5B | 1.6x | 4% | 44% | 20% | — | 24% | $106K | |
 | 0.6% | $3 | -2% | $5B | 1.0x | 4% | 28% | 13% | 5% | 15% | $275K | |
| 0.6% | $93 | +16% | $5B | 2.2x | -1% | 40% | 20% | 9% | 21% | $586K | |
| 0.6% | $6 | -11% | $5B | 4.3x | 6% | 73% | 48% | 28% | 54% | $133K | |
| 0.6% | $17 | -28% | $4B | 4.0x | 12% | 45% | 11% | 2% | 22% | $728K | |
| 0.5% | $11 | +11% | $4B | 1.7x | -2% | 33% | 8% | — | 9% | $322K | |
 | 0.5% | $0 | +16% | $4B | — | — | — | — | — | — | $316K | |
| 0.5% | $1 | +36% | $4B | 5.3x | 13% | 60% | 32% | — | 45% | $90K | |
| 0.5% | $29 | +8% | $4B | 5.4x | 14% | 45% | 17% | 7% | 34% | $385K | |
| 0.5% | $8 | -7% | $4B | 1.5x | 1% | 51% | 26% | 19% | 27% | $312K | |
 | 0.4% | $1 | -27% | $3B | 1.6x | -2% | 55% | 24% | 12% | 24% | $297K | |
| 0.3% | $3 | -51% | $3B | 2.3x | -5% | 45% | 27% | 12% | 17% | $774K | |
| 0.3% | $4 | -20% | $2B | 3.1x | 7% | 74% | 40% | — | 47% | $198K | |
 | 0.3% | $0 | +15% | $2B | 0.5x | 26% | — | 18% | — | 45% | $275K | |
| 0.3% | $47 | -14% | $2B | 2.9x | 4% | 67% | 23% | 6% | 24% | $608K | |
| 0.3% | $223 | -9% | $2B | 1.1x | 0% | 49% | 12% | 5% | 12% | $718K | |
 | 0.3% | $2 | +0% | $2B | 1.6x | 2% | 34% | 21% | 53% | 27% | $130K | |
 | 0.3% | $6 | -24% | $2B | 0.9x | -3% | 36% | 14% | 4% | 20% | $359K | |
 | 0.2% | $0 | — | $2B | 1.3x | 19% | 41% | 21% | 11% | 42% | $469K | |
| 0.2% | $0 | — | $2B | 2.9x | 17% | 34% | 22% | — | 49% | $319K | |
 | 0.2% | $2 | — | $2B | 1.5x | 7% | 43% | 29% | — | 37% | $595K | |
| 0.2% | $4 | 0% | $1B | — | — | — | — | — | — | $534K | |
| 0.1% | — | — | $1B | — | — | — | — | — | — | — | |
 | 0.1% | $12 | -9% | $829M | 0.8x | 0% | 44% | 13% | 6% | 15% | — | |
 | 0.1% | $284 | — | $804M | 2.3x | 2% | — | 19% | 7% | 22% | $317K | |
 | 0.1% | $39 | +2% | $804M | 0.9x | 9% | 25% | 16% | 8% | 30% | $321K | |
| 0.1% | $1 | -23% | $739M | 1.1x | -1% | — | 17% | — | 18% | $407K | |
| 0.1% | $11 | +1% | $681M | 2.2x | 5% | — | 22% | 12% | 23% | $316K | |
| 0.1% | $101 | -9% | $594M | 2.5x | 1% | — | 31% | 17% | 32% | $852K | |
| 0.1% | $2 | -18% | $558M | 0.5x | -5% | — | 7% | 3% | 2% | $695K | |
| 0.1% | $1,117 | +14% | $554M | — | — | — | — | — | — | $1M | |
| 0.1% | $0 | — | $553M | 1.3x | 10% | 37% | 15% | — | 35% | $542K | |
| 0.1% | $1 | +58% | $482M | 1.7x | 2% | — | 23% | 6% | 25% | $114K | |
| 0.0% | $2 | +4% | $398M | 0.5x | 1% | 28% | 7% | 2% | 10% | $267K | |
 | 0.0% | $178 | — | $398M | — | — | — | — | — | — | $316K | |
| 0.0% | $3 | -15% | $353M | 1.5x | 2% | — | 8% | 5% | 9% | $112K | |
| 0.0% | $5 | +23% | $314M | 0.6x | -2% | 100% | 12% | 3% | 12% | $644K | |
 | 0.0% | $3 | -24% | $309M | 0.6x | 10% | 20% | 9% | 5% | 28% | $2M | |
 | 0.0% | $2 | +9% | $252M | 2.4x | 2% | 47% | 34% | 15% | 37% | — | |
| 0.0% | $12 | -3% | $249M | — | — | — | — | — | — | $537K | |
| 0.0% | $33 | -20% | $217M | 2.7x | 10% | — | 20% | 13% | 32% | $652K | |
 | 0.0% | $23 | -3% | $215M | 0.7x | 1% | — | 12% | 6% | 13% | $1M | |
 | 0.0% | $23 | -19% | $208M | 0.5x | 2% | 45% | 9% | 3% | 10% | $615K | |
 | 0.0% | $103 | +14% | $207M | — | — | — | — | — | — | $278K | |
| 0.0% | $6 | +126% | $191M | — | — | — | — | — | — | — | |
 | 0.0% | $4 | +27% | $176M | 2.2x | — | — | 108% | — | 117% | $110K | |
| 0.0% | $5 | +14% | $168M | 2.7x | 5% | — | 13% | — | 17% | $565K | |
| 0.0% | $0 | -5% | $168M | — | — | — | — | — | — | $248K | |
| 0.0% | $0 | -2% | $167M | — | — | — | — | — | — | $238K | |
| 0.0% | $43 | -9% | $144M | — | — | — | — | — | — | $357K | |
| 0.0% | $1,742 | +11% | $131M | — | — | — | — | — | — | $278K | |
| 0.0% | $16 | -3% | $130M | 0.4x | 3% | 44% | 11% | 4% | 15% | $379K | |
 | 0.0% | $5 | -17% | $121M | 0.6x | 3% | — | 14% | — | 17% | $296K | |
 | 0.0% | $3 | -1% | $113M | — | — | — | — | — | — | $206K | |
| 0.0% | $11 | — | $101M | 2.3x | -11% | — | 16% | 42% | 10% | — | |
| 0.0% | $6 | -5% | $89M | 1.2x | 1% | — | 15% | 6% | 17% | $128K | |
| 0.0% | $17 | -22% | $74M | — | — | — | — | — | — | $541K | |
| 0.0% | $16 | +8% | $61M | 0.8x | 7% | — | 7% | 1% | 14% | $441K | |
| 0.0% | $4 | -18% | $38M | 0.2x | 4% | 43% | 11% | 1% | 15% | $485K | |
| 0.0% | $18 | +30% | $38M | — | — | — | — | — | — | $1M | |
| 0.0% | $3 | -1% | $29M | 1.5x | 10% | — | 19% | -5% | 31% | $374K | |
 | 0.0% | $674 | -5% | $27M | — | — | — | — | — | — | $171K | |
| 0.0% | $0 | -2% | $23M | — | — | — | — | — | — | — | |
| 0.0% | $4 | -21% | $21M | — | — | — | — | — | — | — | |
| 0.0% | $0 | -11% | $21M | — | — | — | — | — | — | $410K | |
| 0.0% | $0 | — | $21M | — | — | — | — | — | — | $105K | |
| 0.0% | $0 | -8% | $15M | — | — | — | — | — | — | — | |
| 0.0% | $3 | +6% | $14M | — | — | — | — | — | — | $212K | |
 | 0.0% | $3 | -36% | $12M | — | — | — | — | — | — | $205K | |
| 0.0% | $1 | -10% | $12M | — | — | — | — | — | — | $47K | |
| 0.0% | $16 | -12% | $8M | — | — | — | — | — | — | $18K |
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