YouTube · Q2 2026 · 2026-08-09
FIZZ · NasdaqGS
National Beverage Corp.
Beverages - Non-Alcoholic · United States
USD 31.60-0.2% daily changeQuote 2026-09-18 · USD
- Market cap (USD)
- US$2.96B
- Trailing P/E
- 16.99x
- Forward P/E
- 16.16x
- Quarterly revenue growth
- 0.0%
- Trailing net margin
- 14.8%
- Indicated dividend yield
- —
Snapshot 2026-09-20 · Latest financial period 2026-08-01 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.
Next earnings: 2026-12-10 (provider estimate, not issuer-confirmed).
Company background
National Beverage Corp., through its subsidiaries, develops, produces, markets, and sells a portfolio of sparkling waters, juices, energy drinks, and carbonated soft drinks in the United States and Canada. The company's Power+ brand portfolio offers sparkling water products under the LaCroix brands; non-carbonated water under the Clear Fruit; energy drink and shots under the Rip It brand; juice and juice-based products under Everfresh, Everfresh Premier Varietals, and Mr. Pure brands; and carbonated soft drinks under Shasta and Faygo brands. It serves retailers, as well as various smaller up-and-down-the-street accounts through the take-home, convenience, and food-service distribution channels. The company was incorporated in 1985 and is headquartered in Fort Lauderdale, Florida. National Beverage Corp. is a subsidiary of IBS Partners, Ltd.
Company websiteQ1 FY2027
Go beyond the headline.
FIZZ Stock: Pricing Held Sales. Can Profit Recover? — Q1 FY2027
Published 2026-09-11
Short takes Q1 FY2027
FIZZ Earnings: Pricing Held Sales. Profit Fell. #Shorts
Watch Short on YouTube
Q1 FY2027 REPORT HIGHLIGHTS
What’s changed for FIZZ
National Beverage pricing, volume and aluminum costs tested against cash quality, concentrated control and three transparent valuation routes.
The flat sales headline hides weaker demand.
Higher price per case offsets a 6.4% volume decline.
Aluminum matters, but the bridge must stay intact.
Management estimates 600 bps pressure within a net 300 bps margin decline; do not count it twice.
Cash conversion is seasonal.
Low cash taxes and prepaid-asset movements support the quarter; annualizing FCF overstates the evidence.
Common control is concentrated.
The CEO beneficially owns 73.2%; the 1%-of-sales management fee remains an operating cost.
There is no margin of safety at $30.91.
$28.50 base, $28.85 weighted; conditional entry $21.38 with business tests.
Comparable businesses
FIZZ peer comparison
Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.
| Metric | FIZZNational Beverage Corp.Snapshot 2026-09-20Financial period: 2026-08-01 | CELHCelsius Holdings, Inc.Snapshot 2026-09-20Financial period: 2026-06-30 | KDPKeurig Dr Pepper Inc.Snapshot 2026-09-20Financial period: 2026-06-30 |
|---|---|---|---|
| Market capMarket value, converted to USD | US$2.96B | US$7.09B | US$42.13B |
| Forward P/EProvider forward earnings estimate | 16.16x | 16.19x | 12.21x |
| EV / EBITDAEnterprise value / trailing EBITDA | 12.06x | 13.24x | 17.21x |
| Revenue growthLatest quarter vs prior-year quarter | 0.0% | 10.6% | 75.6% |
| Operating marginLatest reported quarter | 17.7% | 19.1% | 12.9% |
| Free cash flow yieldTrailing cash flow / market cap | 4.4% | 4.9% | 10.9% |
| Net debt / EBITDANet debt / trailing EBITDA | -0.20x | 0.06x | 6.66x |
| Debt / equityTotal debt / positive book equity | 0.16x | 0.23x | 1.00x |
| Trailing P/ETrailing twelve-month earnings | 16.99x | 121.83x | 31.27x |
| Price / bookPrice / positive book equity per share | 7.94x | 5.92x | 1.68x |
| EV / salesEnterprise value / trailing revenue | 2.46x | 2.92x | 4.12x |
| Earnings growthLatest quarter vs prior-year quarter | -16.1% | -56.9% | -90.0% |
| Gross marginTrailing twelve months | 36.2% | 48.8% | 51.0% |
| Net marginTrailing twelve months | 14.8% | 4.2% | 7.1% |
| Return on equityProvider trailing return; positive equity only | 40.1% | 5.1% | 5.1% |
| Free cash flow marginTrailing free cash flow / revenue | 11.1% | 11.5% | 22.9% |
| Dividend yieldIndicated annual dividend / price | — | — | 3.0% |
| Earnings payoutProvider trailing dividend payout | 0.0% | 0.0% | 92.9% |
| Current ratioCurrent assets / current liabilities | 2.39x | 1.80x | 0.48x |
| BetaProvider historical market sensitivity | 0.76 | 0.92 | 0.41 |
YouTube · Q2 2026 · 2026-08-09
YouTube · Q2 2026 · 2026-08-08
Comparison methodology & limitations
Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.
Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.
Reported performance
Financial trends
Periods are grouped by their ending calendar year or quarter, not identical fiscal calendars. Exact period-end dates appear in tooltips and reported figures. When reporting currencies differ and a recent captured FX rate is available, money and EPS are normalized to USD for comparison. This is not a historical FX restatement. Gaps are not estimated.
Financial statements load separately from the research page.
Source: . Window ends at the latest available reporting period.
Revenue
Reported figures
Financial data & calculation notes
Standalone charts use the stated reporting currency. When a chart comparison spans currencies, money and EPS can be normalized to USD using a recent captured FX snapshot; this is for comparison only, not a historical FX restatement. Stock-based compensation is noncash. Free cash flow is operating cash flow less capital spending, which may include capitalized software. Missing metrics are not estimated or assumed to be zero. Banking and insurance ratios require industry-specific interpretation. Latest restatements may differ from figures in older episodes.
Market context
Valuation & price history
Adjusted closing price
Price history loads separately.
Price figures
Earnings-multiple scenario
Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.
Starting assumptions, when available, use provider forward estimates as of 2026-09-20. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.
THE RESEARCH RECORD
Research history for FIZZ
Q1 FY20272026-09-11
FREE RESEARCH PACKET · Q1 FY2027
FIZZ: Pricing Held Sales. Can Profit Recover?
National Beverage pricing, volume and aluminum costs tested against cash quality, concentrated control and three transparent valuation routes.
Research published September 11, 2026 · Download original report
Read Research PacketFIZZ Stock: Pricing Held Sales. Can Profit Recover? — Q1 FY2027
Presentation · 2026-09-11 · YouTube
Short takes Q1 FY2027
FIZZ Earnings: Pricing Held Sales. Profit Fell. #Shorts
Watch Short on YouTube
FY20262026-07-08
FIZZ Stock: The LaCroix Company Just Paid a Huge Special Dividend — Is It a Buy? (FY2026)
Presentation · 2026-07-08 · YouTube
