Logo image of FIZZ

NATIONAL BEVERAGE CORP (FIZZ) Stock Fundamental Analysis

USA - NASDAQ:FIZZ - US6350171061 - Common Stock

33.62 USD
+1.15 (+3.54%)
Last: 10/30/2025, 5:20:00 PM
33.62 USD
0 (0%)
After Hours: 10/30/2025, 5:20:00 PM
Fundamental Rating

6

Overall FIZZ gets a fundamental rating of 6 out of 10. We evaluated FIZZ against 33 industry peers in the Beverages industry. FIZZ gets an excellent profitability rating and is at the same time showing great financial health properties. FIZZ has a valuation in line with the averages, but on the other hand it scores bad on growth.


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

In the past year FIZZ was profitable.
FIZZ had a positive operating cash flow in the past year.
In the past 5 years FIZZ has always been profitable.
In the past 5 years FIZZ always reported a positive cash flow from operatings.
FIZZ Yearly Net Income VS EBIT VS OCF VS FCFFIZZ Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M

1.2 Ratios

Looking at the Return On Assets, with a value of 25.18%, FIZZ belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
FIZZ has a Return On Equity of 36.86%. This is amongst the best in the industry. FIZZ outperforms 93.94% of its industry peers.
FIZZ has a Return On Invested Capital of 30.70%. This is amongst the best in the industry. FIZZ outperforms 100.00% of its industry peers.
FIZZ had an Average Return On Invested Capital over the past 3 years of 31.22%. This is significantly above the industry average of 10.75%.
Industry RankSector Rank
ROA 25.18%
ROE 36.86%
ROIC 30.7%
ROA(3y)25.16%
ROA(5y)28.12%
ROE(3y)37.28%
ROE(5y)45.39%
ROIC(3y)31.22%
ROIC(5y)37.13%
FIZZ Yearly ROA, ROE, ROICFIZZ Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60

1.3 Margins

FIZZ has a better Profit Margin (15.45%) than 84.85% of its industry peers.
In the last couple of years the Profit Margin of FIZZ has grown nicely.
Looking at the Operating Margin, with a value of 19.69%, FIZZ is in the better half of the industry, outperforming 72.73% of the companies in the same industry.
FIZZ's Operating Margin has improved in the last couple of years.
FIZZ has a worse Gross Margin (37.17%) than 78.79% 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 RankSector Rank
OM 19.69%
PM (TTM) 15.45%
GM 37.17%
OM growth 3Y2.37%
OM growth 5Y3.42%
PM growth 3Y3.74%
PM growth 5Y3.66%
GM growth 3Y0.22%
GM growth 5Y-0.02%
FIZZ Yearly Profit, Operating, Gross MarginsFIZZ Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40

9

2. Health

2.1 Basic Checks

FIZZ has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, FIZZ has about the same amount of shares outstanding.
The number of shares outstanding for FIZZ has been increased compared to 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.
FIZZ Yearly Shares OutstandingFIZZ Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M
FIZZ Yearly Total Debt VS Total AssetsFIZZ Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M

2.2 Solvency

FIZZ has an Altman-Z score of 11.93. This indicates that FIZZ is financially healthy and has little risk of bankruptcy at the moment.
FIZZ's Altman-Z score of 11.93 is amongst the best of the industry. FIZZ outperforms 93.94% of its industry peers.
FIZZ has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Altman-Z 11.93
ROIC/WACC3.52
WACC8.72%
FIZZ Yearly LT Debt VS Equity VS FCFFIZZ Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M 500M

2.3 Liquidity

FIZZ has a Current Ratio of 3.24. This indicates that FIZZ is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 3.24, FIZZ belongs to the top of the industry, outperforming 87.88% of the companies in the same industry.
FIZZ has a Quick Ratio of 2.60. This indicates that FIZZ is financially healthy and has no problem in meeting its short term obligations.
With an excellent Quick ratio value of 2.60, FIZZ belongs to the best of the industry, outperforming 93.94% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 3.24
Quick Ratio 2.6
FIZZ Yearly Current Assets VS Current LiabilitesFIZZ Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M 500M

3

3. Growth

3.1 Past

FIZZ shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 1.02%.
Measured over the past 5 years, FIZZ shows a small growth in Earnings Per Share. The EPS has been growing by 7.47% on average per year.
Looking at the last year, FIZZ shows a small growth in Revenue. The Revenue has grown by 0.46% in the last year.
Measured over the past years, FIZZ shows a small growth in Revenue. The Revenue has been growing by 3.73% on average per year.
EPS 1Y (TTM)1.02%
EPS 3Y5.57%
EPS 5Y7.47%
EPS Q2Q%-1.64%
Revenue 1Y (TTM)0.46%
Revenue growth 3Y1.82%
Revenue growth 5Y3.73%
Sales Q2Q%0.32%

3.2 Future

Based on estimates for the next years, FIZZ will show a small growth in Earnings Per Share. The EPS will grow by 4.38% on average per year.
The Revenue is expected to grow by 1.78% on average over the next years.
EPS Next Y4.04%
EPS Next 2Y3.74%
EPS Next 3Y4.38%
EPS Next 5YN/A
Revenue Next Year1.65%
Revenue Next 2Y1.92%
Revenue Next 3Y1.78%
Revenue Next 5YN/A

3.3 Evolution

The EPS growth rate is decreasing: in the next years the growth will be less 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.
FIZZ Yearly Revenue VS EstimatesFIZZ Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 200M 400M 600M 800M 1B
FIZZ Yearly EPS VS EstimatesFIZZ Yearly EPS VS EstimatesYearly EPS VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0.5 1 1.5 2

5

4. Valuation

4.1 Price/Earnings Ratio

Based on the Price/Earnings ratio of 16.89, the valuation of FIZZ can be described as correct.
FIZZ's Price/Earnings ratio is a bit cheaper when compared to the industry. FIZZ is cheaper than 60.61% of the companies in the same industry.
FIZZ's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.76.
FIZZ is valuated correctly with a Price/Forward Earnings ratio of 15.62.
FIZZ's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. FIZZ is cheaper than 63.64% of the companies in the same industry.
FIZZ is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.63, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 16.89
Fwd PE 15.62
FIZZ Price Earnings VS Forward Price EarningsFIZZ Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, FIZZ is valued a bit cheaper than 63.64% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of FIZZ indicates a somewhat cheap valuation: FIZZ is cheaper than 75.76% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 18.23
EV/EBITDA 10.83
FIZZ Per share dataFIZZ EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8 10

4.3 Compensation for Growth

The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates FIZZ does not grow enough to justify the current Price/Earnings ratio.
FIZZ has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)4.18
PEG (5Y)2.26
EPS Next 2Y3.74%
EPS Next 3Y4.38%

0

5. Dividend

5.1 Amount

FIZZ does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

NATIONAL BEVERAGE CORP

NASDAQ:FIZZ (10/30/2025, 5:20:00 PM)

After market: 33.62 0 (0%)

33.62

+1.15 (+3.54%)

Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryBeverages
Earnings (Last)09-11 2025-09-11/amc
Earnings (Next)12-03 2025-12-03/amc
Inst Owners25.49%
Inst Owner Change0.15%
Ins Owners3.49%
Ins Owner Change0%
Market Cap3.15B
Revenue(TTM)1.20B
Net Income(TTM)185.80M
Analysts42.86
Price Target39.78 (18.32%)
Short Float %13.07%
Short Ratio13.18
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly Dividend3.25
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-1.96%
Min EPS beat(2)-1.96%
Max EPS beat(2)-1.96%
EPS beat(4)0
Avg EPS beat(4)-4.04%
Min EPS beat(4)-6.42%
Max EPS beat(4)-1.96%
EPS beat(8)1
Avg EPS beat(8)-2.5%
EPS beat(12)3
Avg EPS beat(12)0.27%
EPS beat(16)3
Avg EPS beat(16)-4.29%
Revenue beat(2)1
Avg Revenue beat(2)-2.47%
Min Revenue beat(2)-6.34%
Max Revenue beat(2)1.39%
Revenue beat(4)1
Avg Revenue beat(4)-4.68%
Min Revenue beat(4)-7.9%
Max Revenue beat(4)1.39%
Revenue beat(8)2
Avg Revenue beat(8)-3.49%
Revenue beat(12)2
Avg Revenue beat(12)-2.88%
Revenue beat(16)3
Avg Revenue beat(16)-2.8%
PT rev (1m)-2.5%
PT rev (3m)-13.33%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)-1.44%
Revenue NQ rev (3m)-1.44%
Revenue NY rev (1m)-1.75%
Revenue NY rev (3m)-2.37%
Valuation
Industry RankSector Rank
PE 16.89
Fwd PE 15.62
P/S 2.62
P/FCF 18.23
P/OCF 15.11
P/B 6.24
P/tB 6.43
EV/EBITDA 10.83
EPS(TTM)1.99
EY5.92%
EPS(NY)2.15
Fwd EY6.4%
FCF(TTM)1.84
FCFY5.48%
OCF(TTM)2.22
OCFY6.62%
SpS12.84
BVpS5.38
TBVpS5.23
PEG (NY)4.18
PEG (5Y)2.26
Graham Number15.53
Profitability
Industry RankSector Rank
ROA 25.18%
ROE 36.86%
ROCE 40.06%
ROIC 30.7%
ROICexc 53.2%
ROICexgc 55.6%
OM 19.69%
PM (TTM) 15.45%
GM 37.17%
FCFM 14.36%
ROA(3y)25.16%
ROA(5y)28.12%
ROE(3y)37.28%
ROE(5y)45.39%
ROIC(3y)31.22%
ROIC(5y)37.13%
ROICexc(3y)53.6%
ROICexc(5y)59.91%
ROICexgc(3y)56.34%
ROICexgc(5y)63.39%
ROCE(3y)40.74%
ROCE(5y)48.45%
ROICexgc growth 3Y-3.15%
ROICexgc growth 5Y-3.8%
ROICexc growth 3Y-2.81%
ROICexc growth 5Y-3.21%
OM growth 3Y2.37%
OM growth 5Y3.42%
PM growth 3Y3.74%
PM growth 5Y3.66%
GM growth 3Y0.22%
GM growth 5Y-0.02%
F-Score6
Asset Turnover1.63
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Debt/EBITDA 0
Cap/Depr 171.39%
Cap/Sales 2.97%
Interest Coverage 2040.69
Cash Conversion 80.88%
Profit Quality 92.9%
Current Ratio 3.24
Quick Ratio 2.6
Altman-Z 11.93
F-Score6
WACC8.72%
ROIC/WACC3.52
Cap/Depr(3y)144.9%
Cap/Depr(5y)146.25%
Cap/Sales(3y)2.48%
Cap/Sales(5y)2.47%
Profit Quality(3y)94.77%
Profit Quality(5y)89.35%
High Growth Momentum
Growth
EPS 1Y (TTM)1.02%
EPS 3Y5.57%
EPS 5Y7.47%
EPS Q2Q%-1.64%
EPS Next Y4.04%
EPS Next 2Y3.74%
EPS Next 3Y4.38%
EPS Next 5YN/A
Revenue 1Y (TTM)0.46%
Revenue growth 3Y1.82%
Revenue growth 5Y3.73%
Sales Q2Q%0.32%
Revenue Next Year1.65%
Revenue Next 2Y1.92%
Revenue Next 3Y1.78%
Revenue Next 5YN/A
EBIT growth 1Y5.25%
EBIT growth 3Y4.24%
EBIT growth 5Y7.28%
EBIT Next Year10.63%
EBIT Next 3Y4.88%
EBIT Next 5YN/A
FCF growth 1Y3.8%
FCF growth 3Y17.86%
FCF growth 5Y2.07%
OCF growth 1Y8.94%
OCF growth 3Y15.8%
OCF growth 5Y3.07%

NATIONAL BEVERAGE CORP / FIZZ FAQ

What is the ChartMill fundamental rating of NATIONAL BEVERAGE CORP (FIZZ) stock?

ChartMill assigns a fundamental rating of 6 / 10 to FIZZ.


Can you provide the valuation status for NATIONAL BEVERAGE CORP?

ChartMill assigns a valuation rating of 5 / 10 to NATIONAL BEVERAGE CORP (FIZZ). This can be considered as Fairly Valued.


What is the profitability of FIZZ stock?

NATIONAL BEVERAGE CORP (FIZZ) has a profitability rating of 8 / 10.


What are the PE and PB ratios of NATIONAL BEVERAGE CORP (FIZZ) stock?

The Price/Earnings (PE) ratio for NATIONAL BEVERAGE CORP (FIZZ) is 16.89 and the Price/Book (PB) ratio is 6.24.


What is the financial health of NATIONAL BEVERAGE CORP (FIZZ) stock?

The financial health rating of NATIONAL BEVERAGE CORP (FIZZ) is 9 / 10.