# Fevertree Drinks Plc (FEVR.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Consumer Defensive / Beverages. Price 814p, market value 901 millionp.

## Valuation
- **P/E (trailing): 42.8×** (5-yr avg 5520.2×, 3-yr avg 5194.5×). Fevertree Drinks Plc trades at 42.8× trailing earnings, well below its own five-year average of 5520.2×: cheap by its own standards. The Consumer Defensive median in the September 2026 study was 20.1×. Forward P/E is 20.9×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 1.3×**. Each dollar of revenue is priced at 1.3×.
- **Price / book: 4.4×**. The shares trade at 4.4× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 9.9×**. Enterprise value is 9.9× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 11.1%** (5-yr avg 0.0%). Free cash flow equals 11.1% of the market value, above its five-year average of 0.0%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 2.3%**. The inverse of the P/E: 2.3% of the price is earned each year.

## Profitability
- **Gross margin: 34.0%**. Fevertree Drinks Plc keeps 34.0% of revenue after the direct cost of what it sells.
- **Operating margin: 9.7%**. 9.7% of revenue is left after running the business.
- **Net margin: 7.0%**. 7.0% of each dollar of sales reaches the bottom line.
- **Return on equity: 10.1%**. 10.1% on shareholders' equity is solid.
- **Return on invested capital: 35.7%**. Return on all capital, debt included, is 35.7%: comfortably above what that capital costs.
- **Return on assets: 16.4%**. Each dollar of assets produces 16.4% of profit.

## Growth
- **Revenue growth (1 yr): -11.8%** (3-yr -1.9%/yr, 5-yr 5.2%/yr). Revenue fell 11.8% over the last year, against 5.2% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -9.5%** (3-yr -3.3%/yr, 5-yr -12.0%/yr). Earnings per share fell 9.5%, roughly in step with revenue.
- **Free-cash-flow growth (3 yr): 178.7%/yr**. Free cash flow has compounded at 178.7% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.02**. Debt is 0.02 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Fevertree Drinks Plc holds more cash than debt.
- **Interest coverage: 67.5×**. Operating profit covers interest 67.5× over, a safe margin.
- **Current ratio: 3.57** (quick 2.94). Current assets cover the next year's liabilities 3.57 times.
- **Altman Z-score: 11.63**. A Z-score of 11.63 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 2.10%** (0p per share, trailing). Fevertree Drinks Plc yields 2.10%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 92%** (40% of free cash flow). 92% of earnings goes out as dividends, leaving a thin cushion.
- **Consecutive years of increases: 2**. 2 straight years of increases.
- **Dividend growth (5 yr): 2.3%/yr** (1-yr 2.0%). The dividend has grown 2.3% a year over five years.
- **Shareholder yield: 5.4%**. Dividends plus net buybacks return 5.4% of the market value a year.

## Analyst view
- **Analyst consensus: hold** (15 analysts). 15 analysts cover Fevertree Drinks Plc; the consensus is hold, with an average price target of 949p (+17% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 4.9%** (YTD 0.7%, 3-mo 9.9%). The shares are up 4.9% over twelve months including dividends.
- **From 52-week high: -16.4%** (14.4% above the low). Trading 16% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 44**. An RSI of 44 is neutral.
- **Beta (1 yr): 0.86** (volatility 31%). Beta of 0.86 against the FTSE All-Share: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=FEVR.L · Page: https://foliofundamentals.com/stocks/fevr.l

Not investment advice.