National Beverage Corp.

National Beverage Corp.

FIZZยทNASDAQ

$35.93

-2.8%
Consumer DefensiveBeverages - Non-Alcoholic

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 Cรบrate, 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.

At a Glance

Live Snapshot
Market Cap$3.36B
EPS2.0000
P/E Ratio17.96
Earnings Date07/01/2026
National Beverage Corp.

National Beverage Corp. Fair Value Envelope

FIZZ ยท NASDAQ

Our analysis suggests that FIZZ has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $35.93, this represents a potential HIDDEN relative to our calculated worth for National Beverage Corp..

Intrinsic Value
Current Price: $35.93

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$3.3B
+ Cash & Equivalents$193.8M
Firm Value$3.5B
- Debt$72.1M
Equity Value$3.4B
/ Shares Outstanding93,620,246B
DCF Value$37
UNDERVALUED BY 2%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$210.2M
$213.7M
$217.3M
$220.9M
$224.6M
$228.4M
$232.2M
$236.1M
$240.0M
$244.1M
Maintenance CapEx
-$7.4M
-$7.5M
-$7.6M
-$7.8M
-$7.9M
-$8.0M
-$8.2M
-$8.3M
-$8.4M
-$8.6M
Owner Earnings
$202.8M
$206.2M
$209.6M
$213.1M
$216.7M
$220.3M
$224.0M
$227.8M
$231.6M
$235.5M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$187.8M
$176.8M
$166.4M
$156.7M
$147.5M
$138.9M
$130.7M
$123.1M
$115.9M
$109.1M
Terminal Value represents 56.1% of Enterprise Value