National Beverage (FIZZ) AI Stock Analysis

• Market Cap: $4.21B
• Dividend Yield: N/A
• Average Volume (3M): 161.41K
• Price to Earnings (P/E): 22.7
• Beta (1Y): 0.22
• Revenue Growth: 0.34%
• EPS Growth: 9.48%
• Country: US
• Employees: 1,559
• Sector: Consumer Defensive
• Sector Strength: 56
• Industry: Beverages - Non-Alcoholic
• EPS (TTM): 0.48
• Shares Outstanding: 93,620,250
• 10 Day Avg. Volume: 225,839
• 30 Day Avg. Volume: 161,408
• PEG Ratio: N/A
• Price to Book (P/B): 9.90
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 22.58
• Enterprise Value/Market Cap: 0.92
• Enterprise Value/Revenue: 0.81
• Enterprise Value/Gross Profit: 8.79
• Enterprise Value/Ebitda: 3.93
• 1Y Price Target: $42.00
• Price Target Upside: -6.35% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 77 Outperform
• Price Target: $50.00 ▲(11.48%Upside)

National Beverage exhibits strong financial performance with consistent growth and a solid balance sheet, which is the primary driver of its stock score. The technical indicators support a positive trend, though valuation suggests fair pricing. The absence of a dividend yield might limit appeal for some investors, but the overall outlook remains positive, especially for those focused on growth.

National Beverage Business Overview & Revenue Model

Company Description

National Beverage Corp., through its subsidiaries, develops, produces, markets, and sells a portfolio of sparkling waters, juices, energy drinks, and carbonated soft drinks primarily in the United States and Canada. The company offers beverages to the active and health-conscious consumers, including sparkling waters, energy drinks, and juices under the LaCroix, LaCroix Cúrate, LaCroix NiCola, Clear Fruit, Rip It, Everfresh, Everfresh Premier Varietals, and Mr. Pure brands. It also offers carbonated soft drinks under the Shasta and Faygo brands. The company serves retailers, as well as various smaller up-and-down-the-street accounts through the take-home, convenience, and food-service distribution channels. National Beverage Corp. was incorporated in 1985 and is based in Fort Lauderdale, Florida.

How the Company Makes Money

National Beverage Corp. generates revenue through the production, marketing, and distribution of its diverse portfolio of beverage products. The company's primary revenue stream comes from sales of its LaCroix brand, which has seen substantial growth due to increasing demand for healthier beverage options. Additionally, National Beverage benefits from its other brands, such as Shasta and Faygo, which contribute to its earnings through their presence in the carbonated soft drink market. The company sells its products through a combination of direct-store delivery and warehouse distribution, catering to a wide range of retail channels including grocery stores, convenience stores, and online platforms. Strategic marketing initiatives and a focus on consumer trends towards health and wellness have been significant factors in driving the company's sales and profitability.

National Beverage Financial Statement Overview

Summary

National Beverage demonstrates financial strength with consistent revenue growth and strong profit margins. The balance sheet is robust with low debt levels, although stockholders' equity has slightly decreased. Cash flow is healthy, despite negative financing cash flows due to strategic debt management.

Income Statement

The company has demonstrated consistent revenue growth over the years, with a recent TTM revenue of $1.18 billion, up from $1.07 billion in 2021. The gross profit margin is slightly declining, but the net profit margin remains stable. EBIT and EBITDA margins are strong, indicating efficient operations.

Balance Sheet

The balance sheet shows a strong equity base with a low debt-to-equity ratio, indicating financial stability. The equity ratio is healthy, implying a strong capital structure. However, there is a slight decrease in stockholders' equity over the period.

Cash Flow

The company has shown strong operating cash flows with consistent free cash flow generation. There is a positive free cash flow growth rate, and the free cash flow to net income ratio is healthy, indicating good cash conversion. However, financing cash flows have been negative, reflecting potential cash outflows for debt repayment or dividends.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	1.19B	1.19B	1.17B	1.14B	1.07B	1.00B
Gross Profit	439.81M	428.45M	396.79M	417.81M	421.62M	370.14M
EBITDA	246.13M	238.67M	219.97M	207.86M	258.98M	196.33M
Net Income	185.78M	176.73M	142.16M	158.51M	174.15M	129.97M
Balance Sheet
Total Assets	594.02M	770.15M	574.34M	467.80M	557.24M	648.65M
Cash, Cash Equivalents and Short-Term Investments	149.22M	327.05M	158.07M	48.05M	193.59M	304.52M
Total Debt	55.33M	54.77M	41.53M	61.25M	43.64M	49.14M
Total Liabilities	193.78M	210.64M	201.85M	228.37M	201.24M	196.31M
Stockholders Equity	400.24M	559.51M	372.49M	239.44M	356.00M	452.34M
Cash Flow
Free Cash Flow	175.41M	167.61M	139.69M	104.12M	168.46M	153.80M
Operating Cash Flow	207.06M	197.91M	161.66M	133.13M	193.77M	177.69M
Investing Cash Flow	-31.64M	-30.25M	-21.95M	-29.00M	-25.31M	-23.88M
Financing Cash Flow	-303.16M	1.31M	-29.69M	-249.67M	-279.38M	-5.49M

National Beverage Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 44.85
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FIZZ, the sentiment is Positive. The current price of 44.85 is above the 20-day moving average (MA) of 44.54, above the 50-day MA of 44.35, and above the 200-day MA of 44.15, indicating a bullish trend. The MACD of -0.21 indicates Positive momentum. The RSI at 53.97 is Neutral, neither overbought nor oversold. The STOCH value of 66.69 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FIZZ.

National Beverage Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FIZZ	77 Outperform	$4.21B	22.70	40.81%	―	0.34%	9.48%
COCO	76 Outperform	$2.09B	36.16	24.86%	―	8.01%	11.26%
AKO.A	74 Outperform	$3.53B	12.43	23.07%	4.25%	13.22%	11.37%
KOF	74 Outperform	$5.03B	16.08	17.12%	1.85%	1.54%	4.48%
Sector *	65 Neutral	$27.28B	15.30	-4.01%	3.16%	1.00%	1.98%
ZVIA	54 Neutral	$227.12M	―	-28.87%	―	-6.83%	19.09%
OTLY	52 Neutral	$361.53M	―	-85.68%	―	4.56%	57.03%