Is National Beverage (FIZZ) overvalued or fairly valued?

MarketChacha shows National Beverage's valuation in context — a trailing P/E of about 16.5, a forward P/E of about 15.6, a price-to-book of about 4.7 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does National Beverage's reported profit turn into cash?

Over 4 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (1.08×) from reported figures — education, not a rating.

What is National Beverage's revenue?

National Beverage reported revenue of $1.2B for FY2026, with net profit of $183.6M, per official filings.

What is the share price of National Beverage (FIZZ)?

National Beverage last traded at $32.24 (-0.7% on the day), as of 9/4/2026 — a delayed quote shown for education, not investment advice.

National Beverage

FIZZ · NYSE · Consumer Staples · United States

Snapshot

TickerFIZZ

ExchangeNYSE

SectorConsumer Staples

IndustryBeverages - Non-Alcoholic

CountryUnited States

Employees1,677

HeadquartersFort Lauderdale, United States

Websitewww.nationalbeverage.com

Filings tracked10

About National Beverage

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.

Who owns it

Insiders74.6%
Institutions25.4%
Public & other0.0%

346 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.4.56%
Renaissance Technologies, LLC3.03%
Kayne Anderson Rudnick Investment Management LLC2.18%
Dimensional Fund Advisors LP1.75%
Vanguard Portfolio Management LLC1.68%
Vanguard Capital Management LLC1.12%
State Street Corporation1.04%
Geode Capital Management, LLC0.97%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion1.08×

Over 4 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend12.1% → 15.6%

Margin has expanded by about 3.4 points — the business is getting more profitable.

Return on equity28.9%

Latest ROE of 28.9% — capital is generating a healthy return.

Growth qualityrev 0% · PAT 9%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $302.7M · EPS 0.48

Est. earnings growth -2.0%

Next fiscal year

Rev $1.2B · EPS 2.05

Est. earnings growth +5.5%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2026)

$1.2B

Net margin

15.6%

ROE

28.9%

Revenue CAGR (3y)

+0.2%

Profit CAGR (3y)

+8.9%

EPS (FY2026)

1.96

Net profit (FY2026)

$183.6M

Ask MarketChacha about FIZZ

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2026	$1.2B	$183.6M	1.96	15.6%	28.9%
FY2025	$1.2B	$186.8M	1.99	15.6%	42.1%
FY2024	$1.2B	$176.7M	1.89	14.8%	31.6%
FY2023	$1.2B	$142.2M	1.52	12.1%	38.2%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q1	$264.6M	$41.2M	0.44	15.6%
2025Q4	$288.3M	$46.4M	0.49	16.1%
2025Q3	$330.5M	$55.8M	0.60	16.9%
2025Q1	$267.1M	$39.6M	0.42	14.8%
2024Q4	$291.2M	$45.6M	0.49	15.7%
2024Q3	$329.5M	$56.8M	0.61	17.2%
2024Q1	$270.1M	$39.6M	0.42	14.7%
2023Q4	$300.1M	$43.8M	0.47	14.6%
2023Q3	$324.2M	$49.6M	0.53	15.3%
2023Q1	$268.5M	$34.4M	37.00	12.8%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Results of operations, Other events, Exhibits
SEC7/2/2026material
10-K — FORM 10-K
SEC7/1/2026
8-K — Results of operations, Exhibits
SEC3/13/2026material
10-Q — FORM 10-Q
SEC3/12/2026

2025

8-K — Results of operations, Exhibits
SEC12/12/2025material
10-Q — FORM 10-Q
SEC12/11/2025
8-K — Other events, Exhibits
SEC10/31/2025material
8-K — Executive/director change, Shareholder vote results
SEC10/6/2025material
8-K — Results of operations, Exhibits
SEC9/12/2025material
10-Q — FORM 10-Q
SEC9/11/2025

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.