NATIONAL BEVERAGE CORP (FIZZ) Stock Fundamental Analysis
NASDAQ:FIZZ - Nasdaq - US6350171061 - Common Stock - Currency: USD
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 is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
FIZZ had positive earnings in the past year.
In the past year FIZZ had a positive cash flow from operations.
FIZZ had positive earnings in each of the past 5 years.
Each year in the past 5 years FIZZ had a positive operating cash flow.
1.2 Ratios
FIZZ has a Return On Assets of 31.28%. This is amongst the best in the industry. FIZZ outperforms 100.00% of its industry peers.
With an excellent Return On Equity value of 46.42%, FIZZ belongs to the best of the industry, outperforming 96.97% of the companies in the same industry.
FIZZ has a Return On Invested Capital of 37.26%. 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 36.35%. This is significantly above the industry average of 11.39%.
The 3 year average ROIC (36.35%) for FIZZ is below the current ROIC(37.26%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 31.28% | ||
| ROE | 46.42% | ||
| ROIC | 37.26% |
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
With an excellent Profit Margin value of 15.68%, FIZZ belongs to the best of the industry, outperforming 81.82% of the companies in the same industry.
In the last couple of years the Profit Margin of FIZZ has remained more or less at the same level.
FIZZ has a better Operating Margin (19.48%) than 72.73% of its industry peers.
In the last couple of years the Operating Margin of FIZZ has remained more or less at the same level.
With a Gross Margin value of 37.11%, FIZZ is not doing good in the industry: 78.79% of the companies in the same industry are doing better.
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 | 19.48% | ||
| PM (TTM) | 15.68% | ||
| GM | 37.11% |
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
FIZZ has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for FIZZ remains at a similar level compared to 1 year ago.
Compared to 5 years ago, FIZZ has more shares outstanding
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 17.35. This indicates that FIZZ is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 17.35, FIZZ belongs to the best of the industry, outperforming 93.94% of the companies in the same industry.
FIZZ has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 17.35 |
ROIC/WACC3.67
WACC10.15%
2.3 Liquidity
FIZZ has a Current Ratio of 2.95. This indicates that FIZZ is financially healthy and has no problem in meeting its short term obligations.
With a decent Current ratio value of 2.95, FIZZ is doing good in the industry, outperforming 78.79% of the companies in the same industry.
FIZZ has a Quick Ratio of 2.24. This indicates that FIZZ is financially healthy and has no problem in meeting its short term obligations.
FIZZ has a better Quick ratio (2.24) than 90.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.95 | ||
| Quick Ratio | 2.24 |
3. Growth
3.1 Past
FIZZ shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 9.94%, which is quite good.
Measured over the past 5 years, FIZZ shows a small growth in Earnings Per Share. The EPS has been growing by 4.66% on average per year.
Looking at the last year, FIZZ shows a small growth in Revenue. The Revenue has grown by 0.34% in the last 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)9.94%
EPS 3Y0.57%
EPS 5Y4.66%
EPS Q2Q%0%
Revenue 1Y (TTM)0.34%
Revenue growth 3Y3.58%
Revenue growth 5Y3.28%
Sales Q2Q%-1.12%
3.2 Future
The Earnings Per Share is expected to grow by 4.59% on average over the next years.
The Revenue is expected to grow by 1.68% on average over the next years.
EPS Next Y7.4%
EPS Next 2Y5.44%
EPS Next 3Y4.59%
EPS Next 5YN/A
Revenue Next Year0.5%
Revenue Next 2Y1.52%
Revenue Next 3Y1.68%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 22.06, the valuation of FIZZ can be described as rather expensive.
The rest of the industry has a similar Price/Earnings ratio as FIZZ.
Compared to an average S&P500 Price/Earnings ratio of 26.91, FIZZ is valued at the same level.
With a Price/Forward Earnings ratio of 20.89, FIZZ is valued on the expensive side.
The rest of the industry has a similar Price/Forward Earnings ratio as FIZZ.
The average S&P500 Price/Forward Earnings ratio is at 21.46. FIZZ is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.06 | ||
| Fwd PE | 20.89 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as FIZZ.
Based on the Price/Free Cash Flow ratio, FIZZ is valued a bit cheaper than 69.70% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.43 | ||
| EV/EBITDA | 15.76 |
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)2.98
PEG (5Y)4.73
EPS Next 2Y5.44%
EPS Next 3Y4.59%
5. Dividend
5.1 Amount
FIZZ does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
43.9
+0.52 (+1.2%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryBeverages
Earnings (Last)
Earnings (Next)
Inst Owners25.51%
Inst Owner Change4.6%
Ins Owners3.55%
Ins Owner Change-0.01%
Market Cap4.11B
Analysts42.86
Price Target42.84 (-2.41%)
Short Float %14.55%
Short Ratio20.86
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP163.71%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-6.11%
Min EPS beat(2)-6.42%
Max EPS beat(2)-5.81%
EPS beat(4)0
Avg EPS beat(4)-3.63%
Min EPS beat(4)-6.42%
Max EPS beat(4)-0.33%
EPS beat(8)1
Avg EPS beat(8)-2.34%
EPS beat(12)3
Avg EPS beat(12)-3.29%
EPS beat(16)5
Avg EPS beat(16)-3.32%
Revenue beat(2)0
Avg Revenue beat(2)-6.89%
Min Revenue beat(2)-7.9%
Max Revenue beat(2)-5.88%
Revenue beat(4)1
Avg Revenue beat(4)-3.99%
Min Revenue beat(4)-7.9%
Max Revenue beat(4)0.16%
Revenue beat(8)1
Avg Revenue beat(8)-3.69%
Revenue beat(12)1
Avg Revenue beat(12)-3.07%
Revenue beat(16)3
Avg Revenue beat(16)-2.4%
PT rev (1m)0%
PT rev (3m)2.44%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.49%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.06%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.06 | ||
| Fwd PE | 20.89 | ||
| P/S | 3.47 | ||
| P/FCF | 23.43 | ||
| P/OCF | 19.85 | ||
| P/B | 10.27 | ||
| P/tB | 10.66 | ||
| EV/EBITDA | 15.76 |
EPS(TTM)1.99
EY4.53%
EPS(NY)2.1
Fwd EY4.79%
FCF(TTM)1.87
FCFY4.27%
OCF(TTM)2.21
OCFY5.04%
SpS12.66
BVpS4.28
TBVpS4.12
PEG (NY)2.98
PEG (5Y)4.73
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 31.28% | ||
| ROE | 46.42% | ||
| ROCE | 48.67% | ||
| ROIC | 37.26% | ||
| ROICexc | 54.36% | ||
| ROICexgc | 56.94% | ||
| OM | 19.48% | ||
| PM (TTM) | 15.68% | ||
| GM | 37.11% | ||
| FCFM | 14.8% |
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 Turnover1.99
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 155.24% | ||
| Cap/Sales | 2.67% | ||
| Interest Coverage | 1570.64 | ||
| Cash Conversion | 82.41% | ||
| Profit Quality | 94.42% | ||
| Current Ratio | 2.95 | ||
| Quick Ratio | 2.24 | ||
| Altman-Z | 17.35 |
F-Score7
WACC10.15%
ROIC/WACC3.67
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)9.94%
EPS 3Y0.57%
EPS 5Y4.66%
EPS Q2Q%0%
EPS Next Y7.4%
EPS Next 2Y5.44%
EPS Next 3Y4.59%
EPS Next 5YN/A
Revenue 1Y (TTM)0.34%
Revenue growth 3Y3.58%
Revenue growth 5Y3.28%
Sales Q2Q%-1.12%
Revenue Next Year0.5%
Revenue Next 2Y1.52%
Revenue Next 3Y1.68%
Revenue Next 5YN/A
EBIT growth 1Y7.7%
EBIT growth 3Y-1.38%
EBIT growth 5Y3.97%
EBIT Next Year16.12%
EBIT Next 3Y6.57%
EBIT Next 5YN/A
FCF growth 1Y37.47%
FCF growth 3Y-0.18%
FCF growth 5Y10.64%
OCF growth 1Y35.51%
OCF growth 3Y0.7%
OCF growth 5Y7.26%