企業概要
National Beverage Corp. is engaged in the development, production, marketing, and distribution of a diverse portfolio of non-alcoholic beverages, including sparkling waters, juices, energy drinks, and carbonated soft drinks across the United States and Canada. The corporation operates within the Consumer Defensive sector and specifically the Beverages - Non-Alcoholic industry, positioning it as a provider of essential daily consumables that typically exhibit lower sensitivity to economic downturns compared to luxury goods. As of the latest data, the company holds a market capitalization of $3.32B and employs approximately 1,681 individuals to manage its extensive supply chain and distribution network. With annual revenues reaching $1.20B, these valuation and scale metrics indicate that National Beverage Corp. functions as a significant, established player in the domestic beverage market with substantial asset base and operational reach.
財務健全性
The company reported total revenue of $1.20B for the trailing twelve months, generating a net income of $188.09M and an EBITDA of $259.55M, which highlights a significant gap between top-line sales and bottom-line profit attributable to substantial operating expenses and cost of goods sold. The free cash flow stands at $120.21M, reflecting the company's ability to generate cash beyond its capital expenditure needs, thereby providing financial flexibility for debt servicing or potential future investments without relying on external financing. Profitability analysis reveals a gross margin of 37.4%, an operating margin of 19.3%, and a profit margin of 15.7%, indicating that while the company maintains healthy pricing power in its beverage portfolio, nearly one-third of revenue is consumed by production costs before operating expenses are deducted. Liquidity and leverage assessment shows the company holds $313.97M in cash against total debt of $62.67M, supported by a conservative debt-to-equity ratio of 10.60 and a robust current ratio of 4.41. The current ratio of 4.41 signifies a strong short-term liquidity position, suggesting the company possesses more than four times the current assets necessary to cover its current liabilities, which minimizes default risk. Furthermore, the Return on Equity is 37.9% and the Return on Assets is 21.4%, metrics that demonstrate highly effective management in generating returns on shareholder capital and utilizing the company's asset base to drive profitability.
バリュエーション評価
Valuation metrics for National Beverage Corp. include a trailing P/E ratio of 17.72 and a forward P/E of 17.61, where the negligible difference between these figures implies that the market expects earnings to remain relatively stable in the near term rather than anticipating significant acceleration or deceleration. The price-to-book ratio is recorded at 5.56, indicating that the market values the company at a significant premium over its net asset value, a common characteristic for firms with strong intangible assets or powerful brands in the consumer staples space. Alternative valuation measures such as a price-to-sales ratio of 2.77 and an EV/EBITDA of 11.79 provide additional context, suggesting the market is willing to pay a moderate multiple relative to sales and earnings before interest, taxes, depreciation, and amortization. In terms of trading range, the stock has a 52-week high of $47.89 and a 52-week low of $31.21, meaning the current price position fluctuates within this historical band, with the upper limit representing a peak valuation point and the lower limit reflecting recent market corrections. The beta value is 0.73, which indicates that the stock's price volatility is less than that of the broader market, suggesting it may serve as a more stable component in a diversified portfolio during periods of high market volatility.
Growth & Income
Growth dynamics for the fiscal period show a revenue growth rate of -0.9% year-over-year contrasted with an earnings growth rate of 4.8% year-over-year, implying that the company is successfully managing its cost structure to improve profitability even when top-line sales experience a slight contraction. The company does not distribute dividends, as evidenced by a dividend yield of N/A and a payout ratio of 0.0%, indicating a strategy where earnings are retained and reinvested into the business for organic growth, capacity expansion, or share buybacks rather than distributed to shareholders. This absence of a dividend payout reflects a capital allocation preference focused on internal reinvestment to drive long-term value creation rather than providing immediate income to investors. Overall, the growth and income profile for National Beverage Corp. is characterized by declining revenue coupled with expanding earnings per share, supported by a non-dividend policy that prioritizes capital retention for future strategic initiatives.