# National Beverage Corp. (FIZZ) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Consumer Defensive / Beverages. Price $32.24, market value $3.0 billion.

## Valuation
- **P/E (trailing): 16.4×** (5-yr avg 20.9×, 3-yr avg 18.2×). National Beverage Corp. trades at 16.4× trailing earnings, well below its own five-year average of 20.9×: cheap by its own standards. The Consumer Defensive median in the September 2026 study was 20.1×. Forward P/E is 15.7×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 2.6×**. Each dollar of revenue is priced at 2.6×.
- **Price / book: 4.7×**. The shares trade at 4.7× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 10.6×**. Enterprise value is 10.6× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 5.2%** (5-yr avg 4.3%). Free cash flow equals 5.2% of the market value, above its five-year average of 4.3%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 6.1%**. The inverse of the P/E: 6.1% of the price is earned each year.

## Profitability
- **Gross margin: 37.0%**. National Beverage Corp. keeps 37.0% of revenue after the direct cost of what it sells.
- **Operating margin: 19.5%**. 19.5% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: 15.6%**. 15.6% of each dollar of sales reaches the bottom line.
- **Return on equity: 28.9%**. 28.9% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 63.5%**. Return on all capital, debt included, is 63.5%: comfortably above what that capital costs.
- **Return on assets: 21.6%**. Each dollar of assets produces 21.6% of profit.

## Growth
- **Revenue growth (1 yr): -1.7%** (3-yr 0.2%/yr, 5-yr 1.9%/yr). Revenue fell 1.7% over the last year, against 1.9% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -1.5%** (3-yr 8.8%/yr, 5-yr 1.1%/yr). Earnings per share fell 1.5%, roughly in step with revenue.
- **Free-cash-flow growth (3 yr): 3.8%/yr**. Free cash flow has compounded at 3.8% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Debt to equity: 0.00**. Debt is 0.00 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. National Beverage Corp. holds more cash than debt.
- **Current ratio: 4.39** (quick 4.39). Current assets cover the next year's liabilities 4.39 times.
- **Altman Z-score: 12.35**. A Z-score of 12.35 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. National Beverage Corp. does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): -13.7%** (YTD 11.8%, 3-mo -2.3%). The shares are down 13.7% over twelve months including dividends.
- **From 52-week high: -20.7%** (7.4% above the low). Trading 21% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 53**. An RSI of 53 is neutral.
- **Beta (1 yr): -0.02** (volatility 28%). Beta of -0.02 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=FIZZ · Page: https://foliofundamentals.com/stocks/fizz

Not investment advice.