📊 FIZZ Key Takeaways
Is National Beverage Corp. (FIZZ) a Good Investment?
National Beverage Corp demonstrates exceptional financial strength with zero debt, fortress-like liquidity, and outstanding capital efficiency (ROE 28.9%, ROA 21.6%), supported by stable high-margin profitability (15.6% net margin). However, declining revenues and earnings momentum (-1.7% YoY) in a mature beverage market present growth concerns that offset the exceptional balance sheet strength.
National Beverage shows a high-quality fundamental profile with strong profitability, debt-free operations, and a very liquid balance sheet supported by substantial cash reserves. While top-line growth is modest, earnings growth, high margins, and solid free cash flow indicate a disciplined business with resilient operating performance and low financial risk.
National Beverage Corp. Key Strengths (FIZZ)
- Zero long-term debt with $349.5M cash position provides complete financial flexibility and zero financial risk
- Exceptional capital returns and profitability (28.9% ROE, 21.6% ROA, 19.5% operating margin) demonstrate pricing power and operational excellence
- Superior liquidity metrics (4.39x current ratio, 3.68x quick ratio) with strong free cash flow generation ($156.1M, 13.2% FCF margin)
- Highly efficient business model requiring only $25.1M capex on $1.2B revenue, enabling substantial cash deployment capacity
- Strong profitability with 37.8% gross margin, 20.4% operating margin, and 16.2% net margin
- Excellent financial health with $313.97M in cash, no long-term debt, and strong liquidity ratios
- Efficient capital generation shown by 24.2% ROE, 18.1% ROA, and positive free cash flow of $120.53M
FIZZ Stock Risks: National Beverage Corp. Investment Risks
- Revenue and earnings declining 1.7% YoY indicating demand headwinds and potential market share loss in competitive beverage sector
- Structural shift toward healthier beverages and reduced carbonated soft drink consumption presents long-term category headwind
- Stalled organic growth trajectory suggests limited innovation pipeline or brand portfolio refresh inadequate to offset category decline
- Mature market positioning with saturated distribution may limit upside even with strong operational execution
- Revenue growth of just 0.8% suggests limited near-term expansion and possible category maturity
- Free cash flow is solid but operating cash flow trails net income, which could signal working capital volatility
- Margin strength may be vulnerable if input costs rise or pricing power weakens
Key Metrics to Watch
- Quarterly revenue growth trajectory - stabilization vs. continued decline would signal inflection point
- Gross margin sustainability amid commodity cost pressures and competitive pricing dynamics
- Free cash flow generation and capital allocation decisions (dividends, buybacks, debt-free operations)
- Market share trends by brand and segment category to assess competitive positioning
- Revenue growth acceleration versus margin stability
- Operating cash flow conversion relative to net income
National Beverage Corp. (FIZZ) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Strong liquidity with a 4.39x current ratio provides a solid financial cushion.
FIZZ Profit Margin, ROE & Profitability Analysis
FIZZ vs Market Sector: How National Beverage Corp. Compares
How National Beverage Corp. compares to Market sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is National Beverage Corp. Stock Overvalued? FIZZ Valuation Analysis 2026
Based on fundamental analysis, National Beverage Corp. appears fundamentally strong relative to the Market sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
National Beverage Corp. Balance Sheet: FIZZ Debt, Cash & Liquidity
FIZZ Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: National Beverage Corp.'s revenue has shown modest growth of 6% over the 5-year period. The most recent EPS of $1.89 reflects profitable operations.
FIZZ Revenue Growth, EPS Growth & YoY Performance
FIZZ Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2026 | $264.6M | $39.6M | $0.42 |
| Q2 2026 | $288.3M | $45.6M | $0.49 |
| Q1 2026 | $329.5M | $55.8M | $0.60 |
| Q3 2025 | $267.1M | $39.6M | $0.42 |
| Q2 2025 | $291.2M | $43.8M | $0.47 |
| Q1 2025 | $324.2M | $49.6M | $0.53 |
| Q3 2024 | $268.5M | $34.4M | $1.13 |
| Q2 2024 | $299.6M | $36.0M | $0.39 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
National Beverage Corp. Dividends, Buybacks & Capital Allocation
FIZZ SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for National Beverage Corp. (CIK: 0000069891)
📋 Recent SEC Filings
❓ Frequently Asked Questions about FIZZ
What is the AI rating for FIZZ?
National Beverage Corp. (FIZZ) has a Combined AI Grade of A from Claude (B) and ChatGPT (A) with 78% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are FIZZ's key strengths?
Claude: Zero long-term debt with $349.5M cash position provides complete financial flexibility and zero financial risk. Exceptional capital returns and profitability (28.9% ROE, 21.6% ROA, 19.5% operating margin) demonstrate pricing power and operational excellence. ChatGPT: Strong profitability with 37.8% gross margin, 20.4% operating margin, and 16.2% net margin. Excellent financial health with $313.97M in cash, no long-term debt, and strong liquidity ratios.
What are the risks of investing in FIZZ?
Claude: Revenue and earnings declining 1.7% YoY indicating demand headwinds and potential market share loss in competitive beverage sector. Structural shift toward healthier beverages and reduced carbonated soft drink consumption presents long-term category headwind. ChatGPT: Revenue growth of just 0.8% suggests limited near-term expansion and possible category maturity. Free cash flow is solid but operating cash flow trails net income, which could signal working capital volatility.
What is FIZZ's revenue and growth?
National Beverage Corp. reported revenue of $1.2B.
Does FIZZ pay dividends?
National Beverage Corp. does not currently pay dividends.
Where can I find FIZZ SEC filings?
Official SEC filings for National Beverage Corp. (CIK: 0000069891) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is FIZZ's EPS?
National Beverage Corp. has a diluted EPS of $1.96.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is FIZZ's fundamental grade?
Based on our AI fundamental analysis in August 2026, National Beverage Corp. has a A grade with 78% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.
Is FIZZ stock overvalued or undervalued?
Valuation metrics for FIZZ: ROE of 28.9% (sector avg: 15%), net margin of 15.6% (sector avg: 12%). Higher ROE suggests strong returns relative to peers.
What is FIZZ's AI grade for 2026?
Our dual AI analysis gives National Beverage Corp. a combined A grade for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.
What is FIZZ's free cash flow?
National Beverage Corp.'s operating cash flow is $181.3M, with capital expenditures of $25.1M. FCF margin is 13.2%.
How does FIZZ compare to other Market stocks?
Vs Default sector averages: Net margin 15.6% (avg: 12%), ROE 28.9% (avg: 15%), current ratio 4.39 (avg: 1.8).
Why is FIZZ's return on equity (ROE) so high?
National Beverage Corp. has a return on equity of 28.9%, significantly above the Market sector average of 15%. A high ROE indicates the company is efficient at generating profits from shareholder equity. This is supported by a 15.6% net margin.