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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.
-36.3%
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 23, 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 23, 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 | $282B | $259B | $143B |
EV/Revenue (NTM) | 3.2x | 9.4x | 3.2x |
EV/Gross Profit (NTM) | 4.8x | 10.3x | 5.6x |
EV/EBITDA (NTM) | 10.8x | 13.6x | 8.7x |
EV/FCF (NTM) | 21.0x | 19.1x | 15.9x |
Revenue Growth | 0% | 5% | 6% |
Gross Margin (NTM) | 67% | 91% | 57% |
EBITDA Margin (NTM) | 30% | 69% | 36% |
FCF Margin (NTM) | 15% | 49% | 20% |
Rule of 40 | 29% | 73% | 43% |
Rule of X | 29% | 79% | 54% |
Data as of April 23, 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% | $571 | +1% | $282B | 3.2x | 0% | 67% | 30% | 15% | 29% | $448K | |
 | 11.0% | $207 | -8% | $259B | 9.4x | 5% | 91% | 69% | 49% | 73% | $726K | |
 | 6.1% | $74 | +12% | $143B | 3.2x | 6% | 57% | 36% | 20% | 43% | $415K | |
| 4.2% | $15 | -21% | $57B | 3.3x | 3% | 74% | 44% | 38% | 45% | $520K | |
 | 3.5% | $3 | +19% | $48B | 2.4x | 6% | 46% | 33% | 23% | 38% | $418K | |
 | 3.3% | $21 | -26% | $46B | 3.4x | -1% | 59% | 32% | 16% | 30% | $678K | |
 | 5.9% | $79 | -13% | $44B | 1.7x | 5% | 55% | 23% | 10% | 29% | $388K | |
 | 4.5% | — | — | $34B | — | — | — | — | — | — | — | |
 | 3.6% | $157 | -16% | $27B | 4.1x | 0% | 52% | 38% | 20% | 35% | $963K | |
| 3.3% | $20 | -32% | $24B | 3.9x | 6% | 78% | 44% | 31% | 44% | $407K | |
| 2.9% | $15 | -18% | $22B | 4.3x | 3% | 88% | 57% | 43% | 59% | $1M | |
| 2.7% | $73 | -8% | $20B | 1.0x | 6% | — | — | — | — | $388K | |
| 2.7% | $79 | -28% | $20B | 3.0x | -3% | 59% | 30% | 13% | 23% | $706K | |
 | 2.4% | $134 | -5% | $18B | 1.9x | 3% | 46% | 21% | 9% | 25% | $380K | |
| 2.2% | $29 | -30% | $17B | 3.9x | 23% | 45% | 28% | 13% | 52% | $279K | |
 | 1.9% | $10 | -20% | $15B | 1.1x | 7% | 37% | 15% | -7% | 23% | $543K | |
| 1.8% | $29 | -17% | $13B | 3.9x | 1% | 58% | 30% | 18% | 30% | $795K | |
 | 1.7% | $1 | -8% | $13B | 1.7x | 3% | 52% | 28% | 15% | 31% | $263K | |
| 1.7% | $16 | +16% | $13B | 1.1x | -1% | 47% | 14% | 6% | 16% | $438K | |
| 1.5% | $7 | -27% | $11B | 2.5x | 5% | 71% | 28% | 22% | 31% | $197K | |
 | 1.4% | $15 | -12% | $11B | 7.0x | 10% | 47% | 19% | 16% | 28% | $579K | |
| 1.4% | $8 | -15% | $11B | 1.6x | 3% | 43% | 22% | 13% | 23% | $159K | |
| 1.4% | $3 | -6% | $11B | 1.7x | 4% | 44% | 26% | 18% | 30% | $218K | |
| 1.2% | $7 | +10% | $9B | 3.1x | 2% | 60% | 25% | 10% | 25% | $682K | |
 | 1.2% | $45 | -22% | $9B | — | — | — | — | — | — | $688K | |
 | 1.1% | $0 | -18% | $8B | 1.3x | 3% | — | 16% | 8% | 18% | $178K | |
| 1.1% | $43 | -26% | $8B | 1.2x | 0% | 37% | 19% | 10% | 19% | $688K | |
| 1.0% | $14 | -38% | $7B | 1.8x | 3% | 80% | 34% | 15% | 34% | $257K | |
| 0.7% | $2 | 0% | $5B | 1.9x | 4% | 45% | 20% | 11% | 24% | $113K | |
| 0.6% | $4 | -45% | $5B | 2.5x | 5% | — | 39% | — | 43% | $324K | |
| 0.6% | $35 | +30% | $5B | 6.3x | 14% | 46% | 17% | 8% | 34% | $385K | |
 | 0.6% | $2 | -15% | $4B | 0.9x | 4% | 27% | 13% | 5% | 15% | $288K | |
| 0.6% | $11 | +10% | $4B | 1.7x | -2% | 33% | 8% | 36% | 9% | $322K | |
| 0.6% | $16 | -31% | $4B | 3.8x | 12% | 45% | 11% | 2% | 22% | $728K | |
| 0.6% | $5 | -18% | $4B | 3.7x | 7% | — | 48% | 27% | 58% | $113K | |
 | 0.5% | $0 | +15% | $4B | — | — | — | — | — | — | $319K | |
| 0.5% | $8 | -7% | $4B | 1.6x | 2% | 51% | 26% | 19% | 27% | $315K | |
| 0.5% | $1 | +30% | $4B | 5.2x | 12% | 59% | 33% | — | 44% | $91K | |
 | 0.4% | $1 | -32% | $3B | 1.5x | -1% | 57% | 23% | 13% | 19% | $297K | |
| 0.4% | $63 | -22% | $3B | 1.6x | 1% | 40% | 20% | 9% | 20% | $586K | |
| 0.4% | $3 | -47% | $3B | 2.3x | -4% | 45% | 27% | 12% | 17% | $809K | |
| 0.3% | $244 | -1% | $3B | 1.2x | 0% | 49% | 12% | 4% | 12% | $718K | |
| 0.3% | $48 | -11% | $3B | 2.9x | 4% | 66% | 23% | 6% | 24% | $623K | |
 | 0.3% | $0 | +18% | $3B | 0.5x | 27% | 36% | 17% | 10% | 47% | $278K | |
 | 0.3% | $6 | -26% | $2B | 0.9x | 0% | 36% | 14% | 5% | 19% | $357K | |
 | 0.3% | $2 | -6% | $2B | 1.4x | 1% | 35% | 21% | 45% | 26% | $129K | |
| 0.3% | $4 | -31% | $2B | — | — | — | — | — | — | $133K | |
 | 0.2% | $0 | — | $2B | 2.8x | 18% | 34% | 22% | — | 48% | $319K | |
| 0.2% | $0 | — | $2B | 1.2x | 21% | 41% | 21% | 11% | 42% | $477K | |
 | 0.2% | $2 | — | $2B | 1.5x | 7% | 43% | 29% | — | 37% | $601K | |
| 0.1% | — | — | $1B | — | — | — | — | — | — | — | |
| 0.1% | $3 | -16% | $1B | — | — | — | — | — | — | $529K | |
| 0.1% | $0 | — | $808M | 1.8x | 6% | 36% | 15% | — | 35% | $556K | |
 | 0.1% | $12 | -12% | $803M | 0.8x | 2% | 44% | 13% | 5% | 16% | — | |
 | 0.1% | $280 | — | $792M | 2.1x | 7% | — | 21% | 14% | 28% | $339K | |
 | 0.1% | $38 | 0% | $786M | 0.8x | 9% | 25% | 16% | 7% | 29% | $321K | |
| 0.1% | $1 | -20% | $763M | 1.1x | 3% | — | 17% | — | 19% | $415K | |
| 0.1% | $11 | +5% | $699M | 2.2x | 6% | — | 22% | 12% | 24% | $321K | |
| 0.1% | $2 | -10% | $610M | 0.5x | -5% | — | 7% | 3% | 2% | $712K | |
| 0.1% | $102 | -9% | $600M | 2.5x | 2% | — | 28% | 13% | 30% | $873K | |
| 0.1% | $1,016 | +4% | $504M | — | — | — | — | — | — | $1M | |
| 0.1% | $1 | +50% | $460M | 1.7x | 3% | — | 23% | 6% | 25% | $117K | |
| 0.1% | $2 | +12% | $433M | 0.5x | 3% | 27% | 8% | 2% | 10% | $267K | |
| 0.0% | $3 | -12% | $368M | 1.5x | 2% | — | 8% | 5% | 10% | $115K | |
 | 0.0% | $4 | -22% | $317M | 0.6x | 12% | 20% | 9% | 5% | 27% | $2M | |
 | 0.0% | $129 | — | $312M | — | — | — | — | — | — | $324K | |
| 0.0% | $4 | +9% | $278M | 0.5x | -1% | 100% | 12% | 3% | 11% | $644K | |
| 0.0% | $13 | +2% | $264M | — | — | — | — | — | — | $559K | |
 | 0.0% | $2 | +6% | $245M | 2.3x | 3% | 47% | 34% | 15% | 37% | — | |
 | 0.0% | $118 | +30% | $236M | — | — | — | — | — | — | $305K | |
 | 0.0% | $23 | -3% | $214M | 0.6x | 2% | — | 12% | 5% | 13% | $1M | |
 | 0.0% | $24 | -16% | $214M | 0.5x | 2% | 45% | 9% | 3% | 10% | $630K | |
| 0.0% | $31 | -24% | $208M | 2.8x | 10% | — | 20% | 13% | 32% | $610K | |
| 0.0% | $6 | +126% | $191M | — | — | — | — | — | — | — | |
 | 0.0% | $4 | +28% | $179M | 2.2x | — | — | 108% | — | 116% | $113K | |
| 0.0% | $0 | +2% | $179M | — | — | — | — | — | — | $259K | |
| 0.0% | $0 | +2% | $174M | — | — | — | — | — | — | $249K | |
| 0.0% | $5 | +7% | $157M | 2.5x | 6% | — | 14% | — | 17% | $573K | |
| 0.0% | $44 | -6% | $148M | — | — | — | — | — | — | $366K | |
| 0.0% | $15 | — | $137M | — | -9% | — | 16% | 40% | 10% | — | |
 | 0.0% | $5 | -8% | $135M | 0.7x | 4% | — | 13% | 5% | 16% | $298K | |
| 0.0% | $1,762 | +12% | $132M | — | — | — | — | — | — | $285K | |
| 0.0% | $16 | -3% | $130M | 0.4x | 4% | 44% | 11% | 4% | 15% | $379K | |
 | 0.0% | $3 | +4% | $118M | — | — | — | — | — | — | $211K | |
| 0.0% | $7 | +7% | $100M | 1.2x | 2% | — | 15% | 6% | 17% | $129K | |
| 0.0% | $20 | +33% | $76M | 0.8x | 8% | — | 7% | 1% | 16% | $451K | |
| 0.0% | $18 | -21% | $74M | — | — | — | — | — | — | $554K | |
| 0.0% | $4 | -17% | $39M | 0.2x | -29% | 44% | 10% | 1% | -29% | $497K | |
| 0.0% | $18 | +32% | $38M | — | — | — | — | — | — | $2M | |
| 0.0% | $3 | +1% | $29M | 1.4x | 11% | — | 19% | -5% | 30% | $374K | |
 | 0.0% | $691 | -2% | $28M | — | — | — | — | — | — | $175K | |
| 0.0% | $0 | — | $21M | — | — | — | — | — | — | $109K | |
| 0.0% | $4 | -23% | $21M | — | — | — | — | — | — | — | |
| 0.0% | $0 | -14% | $20M | — | — | — | — | — | — | — | |
| 0.0% | $0 | -21% | $18M | — | — | — | — | — | — | $429K | |
| 0.0% | $0 | -4% | $16M | — | — | — | — | — | — | — | |
| 0.0% | $3 | +11% | $14M | — | — | — | — | — | — | $217K | |
| 0.0% | $1 | -8% | $12M | — | — | — | — | — | — | $48K | |
 | 0.0% | $2 | -42% | $11M | — | — | — | — | — | — | $178K | |
| 0.0% | $3 | -14% | $8M | 0.6x | 3% | — | 11% | — | 16% | $285K |
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