FIZZ Stock Analysis: National Beverage | NASDAQ
Beverages - Non-Alcoholic | NASDAQ, USA | Market Cap: 3.019m USD | 12M Return: -26% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 20.6M
EPS Trend: 81.6%
Qual. Beats: -1
Rev. Trend: 51.2%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
National Beverage Corp. (FIZZ) is a Fort Lauderdale-based producer and marketer of non-alcoholic beverages, operating primarily in the United States and Canada. Its portfolio spans sparkling water (notably the LaCroix brand), non-carbonated water (Clear Fruit), energy drinks and shots (Rip It), juice and juice-based products (Everfresh, Everfresh Premier Varietals, Mr. Pure), and carbonated soft drinks (Shasta and Faygo). The company distributes through retailers as well as smaller up-and-down-the-street accounts via take-home, convenience, and food-service channels. Founded in 1985 and listed on NASDAQ since 1991, National Beverage is a subsidiary of IBS Partners, Ltd.
As a Consumer Staples issuer in the GICS Soft Drinks & Non-alcoholic Beverages sub-industry, National Beverage participates in a sector characterized by relatively stable, non-cyclical demand but intense competition from much larger rivals such as Coca-Cola, PepsiCo, and Keurig Dr Pepper. Its business model is brand-driven rather than bottling-driven-the company controls formulation, production, and marketing of its own labels rather than licensing or franchising, which allows for direct margin capture but ties results closely to the commercial performance of individual brands, particularly LaCroix in the premium sparkling water category.
- LaCroix sparkling water volume declines amid Bubly and Aha competition
- Aluminum can and sweetener costs pressure beverage operating margins
- Share repurchases and special dividends drive capital returns
| Net Income: 183.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.18 > 0.02 and ΔFCF/TA -7.00 > 1.0 |
| NWC/Revenue: 38.78% < 20% (prev 22.18%; Δ 16.61% < -1%) |
| CFO/TA 0.21 > 3% & CFO 181.3m > Net Income 183.6m |
| Net Debt (-290.6m) to EBITDA (252.8m): -1.15 < 3 |
| Current Ratio: 4.39 > 1.5 & < 3 |
| Outstanding Shares: last quarter (93.7m) vs 12m ago -0.01% < -2% |
| Gross Margin: 37.04% > 18% (prev 36.95%; Δ 0.09% > 0.5%) |
| Asset Turnover: 154.9% > 50% (prev 178.5%; Δ -23.67% > 0%) |
| Interest Coverage Ratio: error (cannot be calculated; needs correct EBIT TTM and Interest Expense TTM) |
| A: 0.54 (Total Current Assets 593.1m - Total Current Liabilities 135.2m) / Total Assets 851.6m |
| B: 0.71 (Retained Earnings 601.4m / Total Assets 851.6m) |
| C: 0.30 (EBIT TTM 230.1m / Avg Total Assets 762.3m) |
| D: 2.94 (Book Value of Equity 635.7m / Total Liabilities 215.9m) |
| Altman-Z'' = 10.95 = AAA |
| DSRI: 1.02 (Receivables 104.3m/104.2m, Revenue 1.18b/1.20b) |
| GMI: 1.00 (GM 36.95% / 37.04%) |
| AQI: 0.78 (AQ_t 0.02 / AQ_t-1 0.03) |
| SGI: 0.98 (Revenue 1.18b / 1.20b) |
| TATA: 0.00 (NI 183.6m - CFO 181.3m) / TA 851.6m) |
| Beneish M = -3.16 (Cap -4..+1) = AA |
As of July 21, 2026, the stock is trading at USD 31.15 with a total of 534,903 shares traded. Over the past week, the price has changed by +0.06%, over one month by +1.75%, over three months by +1.75% and over the past year by -25.95%.
Current recommended Stop Loss: 29.10 (which is 6.6% or 1.3 ATR below the current price).
National Beverage has received a consensus analysts rating of 1.00. Therefore, it is recommended to sell FIZZ.
- StrongBuy: 0
- Buy: 0
- Hold: 0
- Sell: 0
- StrongSell: 1
| Analysts Target Price | 33 | 5.9% |
P/E Trailing = 16.4541
P/E Forward = 16.4204
P/S = 2.5573
P/B = 4.5424
P/EG = 4.0321
Revenue TTM = 1.18b USD
EBIT TTM = 230.1m USD
EBITDA TTM = 252.8m USD
Long Term Debt = 44.5m USD (estimated: total debt 58.9m - short term 14.5m)
Short Term Debt = 14.5m USD (from shortTermDebt, last quarter)
Debt = 58.9m USD (from shortLongTermDebtTotal, last quarter) (leases 58.9m already included)
Net Debt = -290.6m USD (calculated: Debt 58.9m - CCE 349.5m)
Enterprise Value = 2.73b USD (3.02b + Debt 58.9m - CCE 349.5m)
Interest Coverage Ratio = unknown (Ebit TTM 230.1m / Interest Expense TTM 0.0)
EV/FCF = 17.48x (Enterprise Value 2.73b / FCF TTM 156.1m)
FCF Yield = 5.72% (FCF TTM 156.1m / Enterprise Value 2.73b)
FCF Margin = 13.22% (FCF TTM 156.1m / Revenue TTM 1.18b)
Net Margin = 15.56% (Net Income TTM 183.6m / Revenue TTM 1.18b)
Gross Margin = 37.04% ((Revenue TTM 1.18b - Cost of Revenue TTM 743.3m) / Revenue TTM)
Gross Margin QoQ = 31.81% (prev 40.86%)
Tobins Q-Ratio = 3.20 (Enterprise Value 2.73b / Total Assets 851.6m)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 58.9m)
Taxrate = 23.66% (56.9m / 240.6m)
NOPAT = 175.7m (EBIT 230.1m * (1 - 23.66%))
Current Ratio = 4.39 (Total Current Assets 593.1m / Total Current Liabilities 135.2m)
Debt / Equity = 0.09 (Debt 58.9m / totalStockholderEquity, last quarter 635.7m)
Debt / EBITDA = -1.15 (Net Debt -290.6m / EBITDA 252.8m)
Debt / FCF = -1.86 (Net Debt -290.6m / FCF TTM 156.1m)
Total Stockholder Equity = 570.5m (last 4 quarters mean from totalStockholderEquity)
RoA = 24.09% (Net Income 183.6m / Total Assets 851.6m)
RoE = 32.19% (Net Income TTM 183.6m / Total Stockholder Equity 570.5m)
RoCE = 37.41% (EBIT 230.1m / Capital Employed (Equity 570.5m + L.T.Debt 44.5m))
RoIC = 26.15% (NOPAT 175.7m / Invested Capital 671.9m)
WACC = 6.06% (E(3.02b)/V(3.08b) * Re(6.18%) + D(58.9m)/V(3.08b) * Rd(0.0%) * (1-Tc(0.24)))
Discount Rate = 6.18% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 24.47 | Cagr: 0.02%
[DCF] Terminal Value 74.22% ; FCFF base≈161.8m ; Y1≈151.1m ; Y5≈138.3m
[DCF] Fair Price = 26.45 (EV 2.19b - Net Debt -290.6m = Equity 2.48b / Shares 93.6m; r=8.35% [WACC [floored]]; 5y FCF grow -8.39% → 2.50% )
EPS Correlation: 81.60 | EPS CAGR: 5.54% | SUE: -3.09 | # QB: -1
Revenue Correlation: 51.19 | Revenue CAGR: 0.43% | SUE: 0.23 | # QB: 0
EPS current Quarter (2026-07-31): EPS=0.60 | Chg30d=-3.18% | Revisions=+25% | Analysts=1
EPS next Quarter (2026-10-31): EPS=0.48 | Chg30d=-1.44% | Revisions=-25% | Analysts=1
EPS current Year (2027-04-30): EPS=1.95 | Chg30d=-3.26% | Revisions=-25% | GrowthEPS=-0.7% | GrowthRev=+4.2%
EPS next Year (2028-04-30): EPS=2.05 | Chg30d=-2.89% | Revisions=-25% | GrowthEPS=+5.5% | GrowthRev=+0.6%