(PRMB) Primo Brands - Overview
Sector: Consumer Defensive | Industry: Beverages - Non-Alcoholic | Exchange: NYSE (USA) | Market Cap: 8.524m USD | Total Return: -22.5% in 12m
Avg Turnover: 86.8M
EPS Trend: 88.8%
Qual. Beats: 0
Rev. Trend: 96.7%
Qual. Beats: 0
Warnings
P/E ratio 123.6
High Debt/EBITDA (5.4) with thin interest coverage (1.5)
Altman Z'' -0.64 < 1.0 - financial distress zone
Extended 1w
Tailwinds
No distinct edge detected
Primo Brands Corporation (NYSE: PRMB) is a North American beverage company specializing in bottled water solutions, filtration services, and water dispensers. The company maintains a diverse portfolio of regional and national brands, including Poland Spring, Saratoga, and Primo Water, catering to residential, commercial, and retail distribution channels.
The business model relies on a multi-channel distribution strategy that includes direct-to-consumer delivery and self-service refill stations, which reduces traditional packaging overhead. In the packaged beverage sector, brand loyalty and regional sourcing are primary competitive advantages, as transportation costs for water significantly impact operating margins.
Investors can further evaluate the companys valuation metrics and historical performance on ValueRay.
Headquartered in Stamford, Connecticut, Primo Brands operates across the premium spring, sparkling, and purified water categories. Its infrastructure supports both large-scale retail supply and specialized filtration equipment for home and office environments.
- Merger synergies between Primo Water and BlueTriton drive operational cost efficiencies
- Direct-to-consumer delivery penetration increases recurring revenue and customer retention
- Rising aluminum and plastic input costs impact beverage packaging margins
- Shifting consumer preferences toward healthy hydration fuels premium bottled water demand
- Regulatory scrutiny over plastic waste and groundwater extraction rights poses risks
| Net Income: 58.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA -0.64 > 1.0 |
| NWC/Revenue: -0.49% < 20% (prev 1.79%; Δ -2.28% < -1%) |
| CFO/TA 0.07 > 3% & CFO 758.4m > Net Income 58.7m |
| Net Debt (5.98b) to EBITDA (1.11b): 5.40 < 3 |
| Current Ratio: 0.98 > 1.5 & < 3 |
| Outstanding Shares: last quarter (365.8m) vs 12m ago -4.13% < -2% |
| Gross Margin: 29.54% > 18% (prev 0.35%; Δ 2.92k% > 0.5%) |
| Asset Turnover: 61.90% > 50% (prev 44.04%; Δ 17.86% > 0%) |
| Interest Coverage Ratio: 1.50 > 6 (EBITDA TTM 1.11b / Interest Expense TTM 322.7m) |
| A: -0.00 (Total Current Assets 1.29b - Total Current Liabilities 1.32b) / Total Assets 10.6b |
| B: -0.19 (Retained Earnings -2.06b / Total Assets 10.6b) |
| C: 0.04 (EBIT TTM 485.1m / Avg Total Assets 10.8b) |
| D: -0.27 (Book Value of Equity -2.07b / Total Liabilities 7.63b) |
| Altman-Z'' = -0.64 = B |
| DSRI: 0.77 (Receivables 535.8m/504.6m, Revenue 6.68b/4.84b) |
| GMI: 1.20 (GM 29.54% / 35.42%) |
| AQI: 0.99 (AQ_t 0.62 / AQ_t-1 0.63) |
| SGI: 1.38 (Revenue 6.68b / 4.84b) |
| TATA: -0.07 (NI 58.7m - CFO 758.4m) / TA 10.6b) |
| Beneish M = -2.84 (Cap -4..+1) = A |
As of May 30, 2026, the stock is trading at USD 24.87 with a total of 2,958,327 shares traded.
Over the past week, the price has changed by +10.24%,
over one month by +26.31%,
over three months by +10.26% and
over the past year by -22.47%.
Primo Brands has received a consensus analysts rating of 4.56. Therefore, it is recommended to buy PRMB.
- StrongBuy: 5
- Buy: 4
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 26.9 | 8.2% |
P/E Trailing = 123.6316
P/E Forward = 18.2149
P/S = 1.2767
P/B = 2.8824
Revenue TTM = 6.68b USD
EBIT TTM = 485.1m USD
EBITDA TTM = 1.11b USD
Long Term Debt = 5.08b USD (from longTermDebt, last quarter)
Short Term Debt = 162.5m USD (from shortTermDebt, last quarter)
Debt = 6.27b USD (from shortLongTermDebtTotal, last quarter) + Leases 555.0m
Net Debt = 5.98b USD (calculated: Debt 6.27b - CCE 288.2m)
Enterprise Value = 14.5b USD (8.52b + Debt 6.27b - CCE 288.2m)
Interest Coverage Ratio = 1.50 (Ebit TTM 485.1m / Interest Expense TTM 322.7m)
EV/FCF = 42.93x (Enterprise Value 14.5b / FCF TTM 337.8m)
FCF Yield = 2.33% (FCF TTM 337.8m / Enterprise Value 14.5b)
FCF Margin = 5.06% (FCF TTM 337.8m / Revenue TTM 6.68b)
Net Margin = 0.88% (Net Income TTM 58.7m / Revenue TTM 6.68b)
Gross Margin = 29.54% ((Revenue TTM 6.68b - Cost of Revenue TTM 4.70b) / Revenue TTM)
Gross Margin QoQ = 29.84% (prev 26.88%)
Tobins Q-Ratio = 1.37 (Enterprise Value 14.5b / Total Assets 10.6b)
Interest Expense / Debt = 5.15% (Interest Expense 322.7m / Debt 6.27b)
Taxrate = 33.09% (13.5m / 40.8m)
NOPAT = 324.6m (EBIT 485.1m * (1 - 33.09%))
Current Ratio = 0.98 (Total Current Assets 1.29b / Total Current Liabilities 1.32b)
Debt / Equity = 2.12 (Debt 6.27b / totalStockholderEquity, last quarter 2.96b)
Debt / EBITDA = 5.40 (Net Debt 5.98b / EBITDA 1.11b)
Debt / FCF = 17.70 (Net Debt 5.98b / FCF TTM 337.8m)
Total Stockholder Equity = 3.09b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.54% (Net Income 58.7m / Total Assets 10.6b)
RoE = 1.14% (Net Income TTM 58.7m / Total Stockholder Equity 5.15b)
RoCE = 4.74% (EBIT 485.1m / Capital Employed (Equity 5.15b + L.T.Debt 5.08b))
RoIC = 3.45% (NOPAT 324.6m / Invested Capital 9.40b)
WACC = 5.33% (E(8.52b)/V(14.8b) * Re(6.71%) + D(6.27b)/V(14.8b) * Rd(5.15%) * (1-Tc(0.33)))
Discount Rate = 6.71% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 49.44 | Cagr: 44.21%
[DCF] Terminal Value 73.10% ; FCFF base≈370.7m ; Y1≈325.1m ; Y5≈262.7m
[DCF] Fair Price = N/A (negative equity: EV 4.22b - Net Debt 5.98b = -1.76b; debt exceeds intrinsic value)
EPS Correlation: 88.77 | EPS CAGR: 25.87% | SUE: -0.12 | # QB: 0
Revenue Correlation: 96.67 | Revenue CAGR: 66.21% | SUE: 0.06 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.34 | Chg30d=-3.36% | Revisions=-20% | Analysts=11
EPS next Quarter (2026-09-30): EPS=0.43 | Chg30d=-2.45% | Revisions=-50% | Analysts=11
EPS current Year (2026-12-31): EPS=1.29 | Chg30d=-1.82% | Revisions=-33% | GrowthEPS=-3.3% | GrowthRev=+1.7%
EPS next Year (2027-12-31): EPS=1.48 | Chg30d=-4.66% | Revisions=-47% | GrowthEPS=+14.9% | GrowthRev=+3.5%
[Analyst] Revisions Ratio: -50%