NATIONAL BEVERAGE CORP (FIZZ)
US6350171061 - Common Stock
Taking everything into account, FIZZ scores 6 out of 10 in our fundamental rating. FIZZ was compared to 33 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. FIZZ is not valued too expensively and it also shows a decent growth rate.
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.
Each year in the past 5 years FIZZ had a positive operating cash flow.
1.2 Ratios
FIZZ's Return On Assets of 23.52% is amongst the best of the industry. FIZZ outperforms 100.00% of its industry peers.
FIZZ has a Return On Equity of 33.18%. This is amongst the best in the industry. FIZZ outperforms 87.50% of its industry peers.
FIZZ has a Return On Invested Capital of 27.87%. This is amongst the best in the industry. FIZZ outperforms 100.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FIZZ is significantly above the industry average of 12.06%.
The 3 year average ROIC (41.56%) for FIZZ is well above the current ROIC(27.87%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 23.52% | ||
| ROE | 33.18% | ||
| ROIC | 27.87% |
ROA(3y)29.96%
ROA(5y)28.22%
ROE(3y)51.1%
ROE(5y)44.9%
ROIC(3y)41.56%
ROIC(5y)37.65%
1.3 Margins
The Profit Margin of FIZZ (14.33%) is better than 71.88% of its industry peers.
In the last couple of years the Profit Margin of FIZZ has declined.
FIZZ has a Operating Margin of 18.15%. This is in the better half of the industry: FIZZ outperforms 62.50% of its industry peers.
In the last couple of years the Operating Margin of FIZZ has declined.
FIZZ has a worse Gross Margin (35.72%) than 87.50% of its industry peers.
FIZZ's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.15% | ||
| PM (TTM) | 14.33% | ||
| GM | 35.72% |
OM growth 3Y-1.32%
OM growth 5Y-5.33%
PM growth 3Y-2.29%
PM growth 5Y-4.61%
GM growth 3Y-2.94%
GM growth 5Y-3.34%
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.
FIZZ has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, FIZZ has more shares outstanding
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.
2.2 Solvency
FIZZ has an Altman-Z score of 15.83. This indicates that FIZZ is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 15.83, FIZZ belongs to the best of the industry, outperforming 90.63% 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 | 15.83 |
ROIC/WACC2.99
WACC9.31%
2.3 Liquidity
A Current Ratio of 3.68 indicates that FIZZ has no problem at all paying its short term obligations.
FIZZ has a Current ratio of 3.68. This is amongst the best in the industry. FIZZ outperforms 87.50% of its industry peers.
FIZZ has a Quick Ratio of 3.01. This indicates that FIZZ is financially healthy and has no problem in meeting its short term obligations.
With an excellent Quick ratio value of 3.01, FIZZ belongs to the best of the industry, outperforming 93.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.68 | ||
| Quick Ratio | 3.01 |
3. Growth
3.1 Past
FIZZ shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 19.87%, which is quite good.
FIZZ shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -0.83% yearly.
FIZZ shows a small growth in Revenue. In the last year, the Revenue has grown by 0.91%.
FIZZ shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.75% yearly.
EPS 1Y (TTM)19.87%
EPS 3Y3.13%
EPS 5Y-0.83%
EPS growth Q2Q13.51%
Revenue 1Y (TTM)0.91%
Revenue growth 3Y5.45%
Revenue growth 5Y3.75%
Revenue growth Q2Q0.58%
3.2 Future
Based on estimates for the next years, FIZZ will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.15% on average per year.
FIZZ is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.29% yearly.
EPS Next Y26%
EPS Next 2Y15.18%
EPS Next 3Y11.15%
EPS Next 5YN/A
Revenue Next Year0.67%
Revenue Next 2Y1.08%
Revenue Next 3Y1.29%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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 24.07, 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's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 24.84.
Based on the Price/Forward Earnings ratio of 21.46, the valuation of FIZZ can be described as rather expensive.
Compared to the rest of the industry, the Price/Forward 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/Forward Earnings ratio to 21.35, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.07 | ||
| Fwd PE | 21.46 |
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.
Based on the Price/Free Cash Flow ratio, FIZZ is valued a bit cheaper than the industry average as 68.75% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.84 | ||
| EV/EBITDA | 16.24 |
4.3 Compensation for Growth
FIZZ's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of FIZZ may justify a higher PE ratio.
PEG (NY)0.93
PEG (5Y)N/A
EPS Next 2Y15.18%
EPS Next 3Y11.15%
5. Dividend
5.1 Amount
FIZZ does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
NATIONAL BEVERAGE CORP
NASDAQ:FIZZ (4/26/2024, 7:00:00 PM)
After market: 43.56 0 (0%)43.56
+0.05 (+0.11%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryBeverages
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap4.07B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
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Min Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.07 | ||
| Fwd PE | 21.46 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.93
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 23.52% | ||
| ROE | 33.18% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 18.15% | ||
| PM (TTM) | 14.33% | ||
| GM | 35.72% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.64
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 3.68 | ||
| Quick Ratio | 3.01 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)19.87%
EPS 3Y3.13%
EPS 5Y
EPS growth Q2Q
EPS Next Y26%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)0.91%
Revenue growth 3Y5.45%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y