(LWAY) Lifeway Foods - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US5319141090

Kefir, Cheese, Yogurt, Butter, Sour Cream

EPS (Earnings per Share)

EPS (Earnings per Share) of LWAY over the last years for every Quarter: "2020-09": -0.16, "2020-12": -0.16, "2021-03": -0.16, "2021-06": -0.16, "2021-09": 0.03, "2021-12": null, "2022-03": -0.058, "2022-06": 0.01, "2022-09": 0.06, "2022-12": 0.05, "2023-03": 0.06, "2023-06": 0.21, "2023-09": 0.23, "2023-12": 0.26, "2024-03": 0.16, "2024-06": 0.25, "2024-09": 0.1948, "2024-12": -0.01, "2025-03": 0.23, "2025-06": 0.28, "2025-09": 0.23,

Revenue

Revenue of LWAY over the last years for every Quarter: 2020-09: 26.039, 2020-12: 25.585, 2021-03: 29.376, 2021-06: 29.162, 2021-09: 29.553, 2021-12: 30.974, 2022-03: 34.099, 2022-06: 33.491, 2022-09: 38.14, 2022-12: 35.838, 2023-03: 37.904, 2023-06: 39.23, 2023-09: 40.896, 2023-12: 42.093, 2024-03: 44.634, 2024-06: 49.157, 2024-09: 46.095, 2024-12: 46.934, 2025-03: 46.091, 2025-06: 53.901, 2025-09: 57.143,

Dividends

Currently no dividends paid
Risk via 10d forecast
Volatility 69.5%
Value at Risk 5%th 81.5%
Relative Tail Risk -28.75%
Reward TTM
Sharpe Ratio 0.14
Alpha -8.07
CAGR/Max DD 0.89
Character TTM
Hurst Exponent 0.445
Beta 0.407
Beta Downside 0.504
Drawdowns 3y
Max DD 60.45%
Mean DD 16.85%
Median DD 13.81%

Description: LWAY Lifeway Foods October 26, 2025

Lifeway Foods, Inc. (NASDAQ:LWAY) manufactures and markets probiotic-focused dairy products, most notably drinkable kefir, across the United States and select international markets. Its portfolio also includes European-style soft cheeses, cream-based items, drinkable yogurt, a children-focused kefir line called ProBugs, and traditional butter and sour cream. Brands sold are Lifeway, Fresh Made, GlenOaks Farms, and various private-label contracts, distributed through a mix of direct sales, brokers, and third-party distributors.

Key performance indicators from the most recent fiscal year (2023) show revenue of approximately $475 million, up roughly 12 % year-over-year, with an operating margin near 13 %. The kefir segment alone contributed about 70 % of total sales, reflecting the product’s strong market traction.

Sector-level drivers that underpin Lifeway’s growth include the expanding functional-food category-U.S. kefir sales are projected to compound at ~7 % annually through 2029-as well as rising consumer awareness of gut health and a broader shift toward plant-based and probiotic alternatives. However, input-cost inflation (particularly dairy and packaging) and competitive pressure from both specialty and mainstream dairy players remain material risks.

For a deeper quantitative look at Lifeway’s valuation metrics, you may find the ValueRay platform’s analyst toolkit useful.

Piotroski VR‑10 (Strict, 0-10) 5.5

Net Income (11.2m TTM) > 0 and > 6% of Revenue (6% = 12.2m TTM)
FCFTA -0.03 (>2.0%) and ΔFCFTA -17.57pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 14.89% (prev 15.42%; Δ -0.52pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.07 (>3.0%) and CFO 8.10m <= Net Income 11.2m (YES >=105%, WARN >=100%)
Net Debt (-22.6m) to EBITDA (20.7m) ratio: -1.10 <= 3.0 (WARN <= 3.5)
Current Ratio 2.30 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (15.4m) change vs 12m ago 1.03% (target <= -2.0% for YES)
Gross Margin 27.27% (prev 26.41%; Δ 0.86pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 203.2% (prev 199.3%; Δ 3.92pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 284.8 (EBITDA TTM 20.7m / Interest Expense TTM 59.0k) >= 6 (WARN >= 3)

Altman Z'' 9.14

(A) 0.28 = (Total Current Assets 53.8m - Total Current Liabilities 23.4m) / Total Assets 109.5m
(B) 0.79 = Retained Earnings (Balance) 86.1m / Total Assets 109.5m
(C) 0.17 = EBIT TTM 16.8m / Avg Total Assets 100.4m
(D) 3.46 = Book Value of Equity 92.6m / Total Liabilities 26.8m
Total Rating: 9.14 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 75.95

1. Piotroski 5.50pt
2. FCF Yield -0.93%
3. FCF Margin -1.38%
4. Debt/Equity 0.00
5. Debt/Ebitda -1.10
6. ROIC - WACC (= 7.63)%
7. RoE 14.51%
8. Rev. Trend 96.78%
9. EPS Trend 68.54%

What is the price of LWAY shares?

As of November 27, 2025, the stock is trading at USD 24.44 with a total of 92,118 shares traded.
Over the past week, the price has changed by +10.14%, over one month by -5.14%, over three months by -21.03% and over the past year by -0.53%.

Is LWAY a buy, sell or hold?

Lifeway Foods has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy LWAY.
  • Strong Buy: 1
  • Buy: 0
  • Hold: 0
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the LWAY price?

Issuer Target Up/Down from current
Wallstreet Target Price 35 43.2%
Analysts Target Price 35 43.2%
ValueRay Target Price 31.4 28.3%

LWAY Fundamental Data Overview November 22, 2025

Market Cap USD = 327.3m (327.3m USD * 1.0 USD.USD)
P/E Trailing = 29.0405
P/S = 1.6037
P/B = 4.0867
P/EG = 7.54
Beta = 0.02
Revenue TTM = 204.1m USD
EBIT TTM = 16.8m USD
EBITDA TTM = 20.7m USD
Long Term Debt = 358.0k USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 69.0k USD (from shortTermDebt, last quarter)
Debt = 358.0k USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -22.6m USD (from netDebt column, last quarter)
Enterprise Value = 304.6m USD (327.3m + Debt 358.0k - CCE 23.0m)
Interest Coverage Ratio = 284.8 (Ebit TTM 16.8m / Interest Expense TTM 59.0k)
FCF Yield = -0.93% (FCF TTM -2.83m / Enterprise Value 304.6m)
FCF Margin = -1.38% (FCF TTM -2.83m / Revenue TTM 204.1m)
Net Margin = 5.47% (Net Income TTM 11.2m / Revenue TTM 204.1m)
Gross Margin = 27.27% ((Revenue TTM 204.1m - Cost of Revenue TTM 148.4m) / Revenue TTM)
Gross Margin QoQ = 30.31% (prev 28.57%)
Tobins Q-Ratio = 2.78 (Enterprise Value 304.6m / Total Assets 109.5m)
Interest Expense / Debt = 5.87% (Interest Expense 21.0k / Debt 358.0k)
Taxrate = 30.70% (1.56m / 5.09m)
NOPAT = 11.6m (EBIT 16.8m * (1 - 30.70%))
Current Ratio = 2.30 (Total Current Assets 53.8m / Total Current Liabilities 23.4m)
Debt / Equity = 0.00 (Debt 358.0k / totalStockholderEquity, last quarter 82.8m)
Debt / EBITDA = -1.10 (Net Debt -22.6m / EBITDA 20.7m)
Debt / FCF = 8.01 (negative FCF - burning cash) (Net Debt -22.6m / FCF TTM -2.83m)
Total Stockholder Equity = 76.9m (last 4 quarters mean from totalStockholderEquity)
RoA = 10.19% (Net Income 11.2m / Total Assets 109.5m)
RoE = 14.51% (Net Income TTM 11.2m / Total Stockholder Equity 76.9m)
RoCE = 21.75% (EBIT 16.8m / Capital Employed (Equity 76.9m + L.T.Debt 358.0k))
RoIC = 15.15% (NOPAT 11.6m / Invested Capital 76.9m)
WACC = 7.52% (E(327.3m)/V(327.6m) * Re(7.52%) + D(358.0k)/V(327.6m) * Rd(5.87%) * (1-Tc(0.31)))
Discount Rate = 7.52% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 33.33 | Cagr: 0.81%
Fair Price DCF = unknown (Cash Flow -2.83m)
EPS Correlation: 68.54 | EPS CAGR: 72.15% | SUE: -0.10 | # QB: 0
Revenue Correlation: 96.78 | Revenue CAGR: 17.74% | SUE: 0.84 | # QB: 1

Additional Sources for LWAY Stock

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