CELSIUS HOLDINGS INC (CELH) Stock Fundamental Analysis
NASDAQ:CELH - Nasdaq - US15118V2079 - Common Stock - Currency: USD
CELH gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 33 industry peers in the Beverages industry. No worries on liquidiy or solvency for CELH as it has an excellent financial health rating, but there are worries on the profitability. CELH shows excellent growth, but is valued quite expensive already.
1. Profitability
1.1 Basic Checks
In the past year CELH was profitable.
CELH had a positive operating cash flow in the past year.
Of the past 5 years CELH 4 years were profitable.
CELH had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 4.14%, CELH is in line with its industry, outperforming 51.52% of the companies in the same industry.
CELH has a worse Return On Equity (6.08%) than 63.64% of its industry peers.
Looking at the Return On Invested Capital, with a value of 6.57%, CELH is in line with its industry, outperforming 48.48% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.14% | ||
| ROE | 6.08% | ||
| ROIC | 6.57% |
ROA(3y)0.55%
ROA(5y)1.88%
ROE(3y)0.83%
ROE(5y)2.49%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
CELH has a Profit Margin (5.80%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of CELH has declined.
CELH has a Operating Margin of 9.37%. This is in the lower half of the industry: CELH underperforms 63.64% of its industry peers.
CELH has a better Gross Margin (50.43%) than 60.61% of its industry peers.
In the last couple of years the Gross Margin of CELH has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.37% | ||
| PM (TTM) | 5.8% | ||
| GM | 50.43% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y85.55%
PM growth 5Y-9.85%
GM growth 3Y7.15%
GM growth 5Y3.78%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CELH is destroying value.
CELH has more shares outstanding than it did 1 year ago.
CELH has more shares outstanding than it did 5 years ago.
CELH has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 13.31 indicates that CELH is not in any danger for bankruptcy at the moment.
CELH's Altman-Z score of 13.31 is amongst the best of the industry. CELH outperforms 87.88% of its industry peers.
There is no outstanding debt for CELH. 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 | 13.31 |
ROIC/WACC0.72
WACC9.1%
2.3 Liquidity
CELH has a Current Ratio of 3.38. This indicates that CELH is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of CELH (3.38) is better than 84.85% of its industry peers.
A Quick Ratio of 3.04 indicates that CELH has no problem at all paying its short term obligations.
The Quick ratio of CELH (3.04) is better than 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.38 | ||
| Quick Ratio | 3.04 |
3. Growth
3.1 Past
CELH shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -61.54%.
Measured over the past years, CELH shows a very strong growth in Earnings Per Share. The EPS has been growing by 55.36% on average per year.
Looking at the last year, CELH shows a decrease in Revenue. The Revenue has decreased by -5.98% in the last year.
CELH shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 78.36% yearly.
EPS 1Y (TTM)-61.54%
EPS 3Y22.39%
EPS 5Y55.36%
EPS Q2Q%-33.33%
Revenue 1Y (TTM)-5.98%
Revenue growth 3Y62.78%
Revenue growth 5Y78.36%
Sales Q2Q%-7.43%
3.2 Future
The Earnings Per Share is expected to grow by 31.71% on average over the next years. This is a very strong growth
CELH is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 20.04% yearly.
EPS Next Y81.73%
EPS Next 2Y63.11%
EPS Next 3Y49.99%
EPS Next 5Y31.71%
Revenue Next Year58.07%
Revenue Next 2Y40.93%
Revenue Next 3Y29.88%
Revenue Next 5Y20.04%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 127.00, the valuation of CELH can be described as expensive.
60.61% of the companies in the same industry are cheaper than CELH, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of CELH to the average of the S&P500 Index (27.48), we can say CELH is valued expensively.
A Price/Forward Earnings ratio of 37.97 indicates a quite expensive valuation of CELH.
CELH's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. CELH is more expensive than 60.61% of the companies in the same industry.
CELH is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 36.52, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 127 | ||
| Fwd PE | 37.97 |
4.2 Price Multiples
69.70% of the companies in the same industry are cheaper than CELH, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CELH is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 55.71 | ||
| EV/EBITDA | 78.73 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
CELH's earnings are expected to grow with 49.99% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.55
PEG (5Y)2.29
EPS Next 2Y63.11%
EPS Next 3Y49.99%
5. Dividend
5.1 Amount
No dividends for CELH!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
44.45
0 (0%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryBeverages
Earnings (Last)
Earnings (Next)
Inst Owners57.57%
Inst Owner Change0%
Ins Owners18.63%
Ins Owner Change-0.44%
Market Cap11.47B
Analysts77.69
Price Target45.75 (2.92%)
Short Float %15.13%
Short Ratio3.52
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0.12
Dividend Growth(5Y)N/A
DP35.63%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-103.62%
Min EPS beat(2)-198.57%
Max EPS beat(2)-8.68%
EPS beat(4)1
Avg EPS beat(4)-73.22%
Min EPS beat(4)-198.57%
Max EPS beat(4)14.38%
EPS beat(8)5
Avg EPS beat(8)-11.36%
EPS beat(12)7
Avg EPS beat(12)-39.72%
EPS beat(16)10
Avg EPS beat(16)4.9%
Revenue beat(2)1
Avg Revenue beat(2)-3.08%
Min Revenue beat(2)-6.17%
Max Revenue beat(2)0.01%
Revenue beat(4)2
Avg Revenue beat(4)-2.1%
Min Revenue beat(4)-6.17%
Max Revenue beat(4)0.24%
Revenue beat(8)5
Avg Revenue beat(8)0.93%
Revenue beat(12)8
Avg Revenue beat(12)3.06%
Revenue beat(16)12
Avg Revenue beat(16)6.62%
PT rev (1m)3.63%
PT rev (3m)14.03%
EPS NQ rev (1m)2.49%
EPS NQ rev (3m)-16.46%
EPS NY rev (1m)-13.2%
EPS NY rev (3m)-15.82%
Revenue NQ rev (1m)0.81%
Revenue NQ rev (3m)22.2%
Revenue NY rev (1m)0.46%
Revenue NY rev (3m)14.59%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 127 | ||
| Fwd PE | 37.97 | ||
| P/S | 8.63 | ||
| P/FCF | 55.71 | ||
| P/OCF | 49.5 | ||
| P/B | 9.05 | ||
| P/tB | 9.69 | ||
| EV/EBITDA | 78.73 |
EPS(TTM)0.35
EY0.79%
EPS(NY)1.17
Fwd EY2.63%
FCF(TTM)0.8
FCFY1.79%
OCF(TTM)0.9
OCFY2.02%
SpS5.15
BVpS4.91
TBVpS4.59
PEG (NY)1.55
PEG (5Y)2.29
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.14% | ||
| ROE | 6.08% | ||
| ROCE | 8.64% | ||
| ROIC | 6.57% | ||
| ROICexc | 20.4% | ||
| ROICexgc | 24.95% | ||
| OM | 9.37% | ||
| PM (TTM) | 5.8% | ||
| GM | 50.43% | ||
| FCFM | 15.48% |
ROA(3y)0.55%
ROA(5y)1.88%
ROE(3y)0.83%
ROE(5y)2.49%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y85.55%
PM growth 5Y-9.85%
GM growth 3Y7.15%
GM growth 5Y3.78%
F-Score6
Asset Turnover0.71
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 298.16% | ||
| Cap/Sales | 1.94% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 173.85% | ||
| Profit Quality | 267.18% | ||
| Current Ratio | 3.38 | ||
| Quick Ratio | 3.04 | ||
| Altman-Z | 13.31 |
F-Score6
WACC9.1%
ROIC/WACC0.72
Cap/Depr(3y)425.65%
Cap/Depr(5y)315.78%
Cap/Sales(3y)1.44%
Cap/Sales(5y)1.16%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-61.54%
EPS 3Y22.39%
EPS 5Y55.36%
EPS Q2Q%-33.33%
EPS Next Y81.73%
EPS Next 2Y63.11%
EPS Next 3Y49.99%
EPS Next 5Y31.71%
Revenue 1Y (TTM)-5.98%
Revenue growth 3Y62.78%
Revenue growth 5Y78.36%
Sales Q2Q%-7.43%
Revenue Next Year58.07%
Revenue Next 2Y40.93%
Revenue Next 3Y29.88%
Revenue Next 5Y20.04%
EBIT growth 1Y-60.14%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year92.78%
EBIT Next 3Y44.92%
EBIT Next 5Y28.11%
FCF growth 1Y172.77%
FCF growth 3YN/A
FCF growth 5Y205.5%
OCF growth 1Y171.77%
OCF growth 3YN/A
OCF growth 5Y204.76%