NATIONAL BEVERAGE CORP (FIZZ) Stock Fundamental Analysis
USA - NASDAQ:FIZZ - US6350171061 - Common Stock
37.6 USD
+0.68 (+1.84%)
37.65 USD
+0.05 (+0.13%)
Overall FIZZ gets a fundamental rating of 6 out of 10. We evaluated FIZZ against 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. FIZZ is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year FIZZ was profitable.
FIZZ had a positive operating cash flow in the past year.
Each year in the past 5 years FIZZ has 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 25.18% is amongst the best of the industry. FIZZ outperforms 100.00% of its industry peers.
Looking at the Return On Equity, with a value of 36.86%, FIZZ belongs to the top of the industry, outperforming 93.75% of the companies in the same industry.
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.
Measured over the past 3 years, the Average Return On Invested Capital for FIZZ is significantly above the industry average of 10.78%.
| Industry Rank | Sector 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%
1.3 Margins
With an excellent Profit Margin value of 15.45%, FIZZ belongs to the best of the industry, outperforming 84.38% of the companies in the same industry.
FIZZ's Profit Margin has improved in the last couple of years.
The Operating Margin of FIZZ (19.69%) is better than 71.88% of its industry peers.
In the last couple of years the Operating Margin of FIZZ has grown nicely.
FIZZ has a Gross Margin of 37.17%. This is amonst the worse of the industry: FIZZ underperforms 81.25% 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 | 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%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), FIZZ is creating value.
Compared to 1 year ago, FIZZ has about the same amount of shares outstanding.
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 13.16. This indicates that FIZZ is financially healthy and has little risk of bankruptcy at the moment.
FIZZ has a Altman-Z score of 13.16. This is amongst the best in the industry. FIZZ outperforms 93.75% 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 Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 13.16 |
ROIC/WACC3.49
WACC8.79%
2.3 Liquidity
A Current Ratio of 3.24 indicates that FIZZ has no problem at all paying its short term obligations.
FIZZ has a Current ratio of 3.24. This is amongst the best in the industry. FIZZ outperforms 87.50% of its industry peers.
A Quick Ratio of 2.60 indicates that FIZZ has no problem at all paying its short term obligations.
FIZZ has a better Quick ratio (2.60) than 93.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.24 | ||
| Quick Ratio | 2.6 |
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.
FIZZ shows a small growth in Revenue. In the last year, the Revenue has grown by 0.46%.
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
FIZZ is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.38% yearly.
The Revenue is expected to grow by 3.14% on average over the next years.
EPS Next Y4.04%
EPS Next 2Y3.74%
EPS Next 3Y4.38%
EPS Next 5YN/A
Revenue Next Year3.46%
Revenue Next 2Y3.2%
Revenue Next 3Y3.14%
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 decreasing.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 18.89, which indicates a rather expensive current valuation of FIZZ.
FIZZ's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 27.79, FIZZ is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 17.47, 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.
The average S&P500 Price/Forward Earnings ratio is at 23.21. FIZZ is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.89 | ||
| Fwd PE | 17.47 |
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 71.88% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.39 | ||
| EV/EBITDA | 12.7 |
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)4.68
PEG (5Y)2.53
EPS Next 2Y3.74%
EPS Next 3Y4.38%
5. Dividend
5.1 Amount
FIZZ does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
37.6
+0.68 (+1.84%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryBeverages
Earnings (Last)
Earnings (Next)
Inst Owners25.49%
Inst Owner Change-0.2%
Ins Owners3.49%
Ins Owner Change0%
Market Cap3.52B
Analysts42.86
Price Target40.8 (8.51%)
Short Float %13.58%
Short Ratio15.73
Dividend
| Industry Rank | Sector 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)-11.11%
PT rev (3m)-4.76%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.97%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.48%
Revenue NY rev (1m)-0.63%
Revenue NY rev (3m)0.88%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.89 | ||
| Fwd PE | 17.47 | ||
| P/S | 2.93 | ||
| P/FCF | 20.39 | ||
| P/OCF | 16.9 | ||
| P/B | 6.98 | ||
| P/tB | 7.19 | ||
| EV/EBITDA | 12.7 |
EPS(TTM)1.99
EY5.29%
EPS(NY)2.15
Fwd EY5.72%
FCF(TTM)1.84
FCFY4.9%
OCF(TTM)2.22
OCFY5.92%
SpS12.84
BVpS5.38
TBVpS5.23
PEG (NY)4.68
PEG (5Y)2.53
Profitability
| Industry Rank | Sector 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%
ROICexcg growth 3Y-3.15%
ROICexcg 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 Rank | Sector 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 | 13.16 |
F-Score6
WACC8.79%
ROIC/WACC3.49
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 Year3.46%
Revenue Next 2Y3.2%
Revenue Next 3Y3.14%
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%