NATIONAL BEVERAGE CORP (FIZZ)
US6350171061 - Common Stock
We assign a fundamental rating of 6 out of 10 to FIZZ. FIZZ was compared to 32 industry peers in the Beverages industry. Both the health and profitability get an excellent rating, making FIZZ a very profitable company, without any liquidiy or solvency issues. While showing a medium growth rate, FIZZ is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
FIZZ had positive earnings in the past year.
FIZZ had a positive operating cash flow in the past year.
In the past 5 years FIZZ has always been profitable.
FIZZ had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 35.19%, FIZZ belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
FIZZ's Return On Equity of 59.98% is amongst the best of the industry. FIZZ outperforms 100.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 45.91%, FIZZ belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
FIZZ had an Average Return On Invested Capital over the past 3 years of 36.35%. This is significantly above the industry average of 13.25%.
The 3 year average ROIC (36.35%) for FIZZ is below the current ROIC(45.91%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 35.19% | ||
| ROE | 59.98% | ||
| ROIC | 45.91% |
ROA(3y)27.2%
ROA(5y)26.58%
ROE(3y)45.32%
ROE(5y)42.72%
ROIC(3y)36.35%
ROIC(5y)35.33%
1.3 Margins
The Profit Margin of FIZZ (15.36%) is better than 79.31% of its industry peers.
FIZZ's Profit Margin has been stable in the last couple of years.
FIZZ has a Operating Margin of 18.79%. This is in the better half of the industry: FIZZ outperforms 65.52% of its industry peers.
FIZZ's Operating Margin has been stable in the last couple of years.
The Gross Margin of FIZZ (36.46%) is worse than 82.76% of its industry peers.
In the last couple of years the Gross Margin of FIZZ has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.79% | ||
| PM (TTM) | 15.36% | ||
| GM | 36.46% |
OM growth 3Y-4.79%
OM growth 5Y0.66%
PM growth 3Y-2.98%
PM growth 5Y1.31%
GM growth 3Y-2.94%
GM growth 5Y-1.05%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so FIZZ is creating value.
FIZZ has about the same amout of shares outstanding than it did 1 year ago.
FIZZ has more shares outstanding than it did 5 years ago.
FIZZ has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
FIZZ has an Altman-Z score of 16.14. This indicates that FIZZ is financially healthy and has little risk of bankruptcy at the moment.
FIZZ has a better Altman-Z score (16.14) than 93.10% of its industry peers.
There is no outstanding debt for FIZZ. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 16.14 |
ROIC/WACC4.87
WACC9.43%
2.3 Liquidity
FIZZ has a Current Ratio of 1.99. This is a normal value and indicates that FIZZ is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of FIZZ (1.99) is comparable to the rest of the industry.
FIZZ has a Quick Ratio of 1.37. This is a normal value and indicates that FIZZ is financially healthy and should not expect problems in meeting its short term obligations.
FIZZ has a Quick ratio of 1.37. This is in the better half of the industry: FIZZ outperforms 72.41% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.99 | ||
| Quick Ratio | 1.37 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 13.07% over the past year.
FIZZ shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 4.66% yearly.
The Revenue has been growing slightly by 1.60% in the past year.
FIZZ shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.28% yearly.
EPS 1Y (TTM)13.07%
EPS 3Y0.57%
EPS 5Y4.66%
EPS Q2Q%4.26%
Revenue 1Y (TTM)1.6%
Revenue growth 3Y3.58%
Revenue growth 5Y3.28%
Sales Q2Q%-2.96%
3.2 Future
FIZZ is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.53% yearly.
Based on estimates for the next years, FIZZ will show a small growth in Revenue. The Revenue will grow by 2.08% on average per year.
EPS Next Y9.02%
EPS Next 2Y6.71%
EPS Next 3Y6.53%
EPS Next 5YN/A
Revenue Next Year1.9%
Revenue Next 2Y2.13%
Revenue Next 3Y2.08%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 21.87, which indicates a rather expensive current valuation of FIZZ.
Compared to the rest of the industry, the Price/Earnings ratio of FIZZ is on the same level as its industry peers.
FIZZ is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.28, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 20.23, the valuation of FIZZ can be described as rather expensive.
FIZZ's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 23.53. FIZZ is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.87 | ||
| Fwd PE | 20.23 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FIZZ is on the same level as its industry peers.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of FIZZ indicates a somewhat cheap valuation: FIZZ is cheaper than 62.07% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.99 | ||
| EV/EBITDA | 16.29 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
FIZZ has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)2.43
PEG (5Y)4.69
EPS Next 2Y6.71%
EPS Next 3Y6.53%
5. Dividend
5.1 Amount
FIZZ has a Yearly Dividend Yield of 7.60%, which is a nice return.
FIZZ's Dividend Yield is rather good when compared to the industry average which is at 3.17. FIZZ pays more dividend than 100.00% of the companies in the same industry.
FIZZ's Dividend Yield is rather good when compared to the S&P500 average which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.6% |
5.2 History
FIZZ has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
165.40% of the earnings are spent on dividend by FIZZ. This is not a sustainable payout ratio.
DP165.4%
EPS Next 2Y6.71%
EPS Next 3Y6.53%
NATIONAL BEVERAGE CORP
NASDAQ:FIZZ (1/14/2025, 8:00:01 PM)
After market: 43.53 0 (0%)43.53
-0.15 (-0.34%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryBeverages
Earnings (Last)
Earnings (Next)
Inst Owners23.95%
Inst Owner Change-0.03%
Ins Owners3.6%
Ins Owner Change-0.02%
Market Cap4.07B
Analysts42.86
Price Target46.92 (7.79%)
Short Float %10.18%
Short Ratio14.72
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.6% |
Dividend Growth(5Y)N/A
DP165.4%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-1.14%
Min EPS beat(2)-1.96%
Max EPS beat(2)-0.33%
EPS beat(4)1
Avg EPS beat(4)-0.95%
Min EPS beat(4)-1.96%
Max EPS beat(4)0.43%
EPS beat(8)3
Avg EPS beat(8)2.42%
EPS beat(12)3
Avg EPS beat(12)-4.37%
EPS beat(16)6
Avg EPS beat(16)-2.08%
Revenue beat(2)1
Avg Revenue beat(2)-1.08%
Min Revenue beat(2)-2.33%
Max Revenue beat(2)0.16%
Revenue beat(4)1
Avg Revenue beat(4)-2.31%
Min Revenue beat(4)-3.74%
Max Revenue beat(4)0.16%
Revenue beat(8)1
Avg Revenue beat(8)-1.98%
Revenue beat(12)2
Avg Revenue beat(12)-2.17%
Revenue beat(16)3
Avg Revenue beat(16)-1.94%
PT rev (1m)2.22%
PT rev (3m)2.22%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)1%
EPS NY rev (3m)1%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-0.81%
Revenue NY rev (3m)-0.81%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.87 | ||
| Fwd PE | 20.23 | ||
| P/S | 3.4 | ||
| P/FCF | 25.99 | ||
| P/OCF | 21.99 | ||
| P/B | 13.29 | ||
| P/tB | 13.96 | ||
| EV/EBITDA | 16.29 |
EPS(TTM)1.99
EY4.57%
EPS(NY)2.15
Fwd EY4.94%
FCF(TTM)1.68
FCFY3.85%
OCF(TTM)1.98
OCFY4.55%
SpS12.79
BVpS3.28
TBVpS3.12
PEG (NY)2.43
PEG (5Y)4.69
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 35.19% | ||
| ROE | 59.98% | ||
| ROCE | 59.96% | ||
| ROIC | 45.91% | ||
| ROICexc | 57.78% | ||
| ROICexgc | 60.79% | ||
| OM | 18.79% | ||
| PM (TTM) | 15.36% | ||
| GM | 36.46% | ||
| FCFM | 13.1% |
ROA(3y)27.2%
ROA(5y)26.58%
ROE(3y)45.32%
ROE(5y)42.72%
ROIC(3y)36.35%
ROIC(5y)35.33%
ROICexc(3y)55.13%
ROICexc(5y)61.73%
ROICexgc(3y)58.16%
ROICexgc(5y)65.71%
ROCE(3y)47.48%
ROCE(5y)46.14%
ROICexcg growth 3Y-12.66%
ROICexcg growth 5Y-5.07%
ROICexc growth 3Y-12.06%
ROICexc growth 5Y-4.56%
OM growth 3Y-4.79%
OM growth 5Y0.66%
PM growth 3Y-2.98%
PM growth 5Y1.31%
GM growth 3Y-2.94%
GM growth 5Y-1.05%
F-Score7
Asset Turnover2.29
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 138.68% | ||
| Cap/Sales | 2.38% | ||
| Interest Coverage | 1470.07 | ||
| Cash Conversion | 75.49% | ||
| Profit Quality | 85.27% | ||
| Current Ratio | 1.99 | ||
| Quick Ratio | 1.37 | ||
| Altman-Z | 16.14 |
F-Score7
WACC9.43%
ROIC/WACC4.87
Cap/Depr(3y)139.02%
Cap/Depr(5y)139.16%
Cap/Sales(3y)2.32%
Cap/Sales(5y)2.34%
Profit Quality(3y)86.25%
Profit Quality(5y)94.77%
High Growth Momentum
Growth
EPS 1Y (TTM)13.07%
EPS 3Y0.57%
EPS 5Y4.66%
EPS Q2Q%4.26%
EPS Next Y9.02%
EPS Next 2Y6.71%
EPS Next 3Y6.53%
EPS Next 5YN/A
Revenue 1Y (TTM)1.6%
Revenue growth 3Y3.58%
Revenue growth 5Y3.28%
Sales Q2Q%-2.96%
Revenue Next Year1.9%
Revenue Next 2Y2.13%
Revenue Next 3Y2.08%
Revenue Next 5YN/A
EBIT growth 1Y10.69%
EBIT growth 3Y-1.38%
EBIT growth 5Y3.97%
EBIT Next Year17.28%
EBIT Next 3Y7.53%
EBIT Next 5YN/A
FCF growth 1Y73.84%
FCF growth 3Y-0.18%
FCF growth 5Y10.64%
OCF growth 1Y58.38%
OCF growth 3Y0.7%
OCF growth 5Y7.26%