📊 FIZZ Key Takeaways
Is FIZZ a Good Investment? Thesis Analysis
National Beverage demonstrates exceptional financial health with fortress-like balance sheet metrics (zero debt, 4.41x current ratio, $314M cash) combined with strong profitability (16.2% net margin, 24.2% ROE). The company generates robust free cash flow ($120.5M, 13.6% FCF margin) while maintaining double-digit net income growth (+5.7% YoY) despite minimal revenue expansion, indicating effective operational leverage and margin expansion.
Why Buy FIZZ? Key Strengths
- Pristine balance sheet with zero long-term debt and $314M cash representing 40% of total assets
- Exceptional profitability with 20.4% operating margin and 24.2% ROE demonstrates superior competitive positioning
- Strong free cash flow generation ($120.5M) with minimal capital intensity (CapEx only $15.2M)
- Net income growing faster than revenue (+5.7% vs +0.8%) indicating margin expansion and operational efficiency gains
- Outstanding liquidity ratios (4.41x current, 3.62x quick) provide substantial financial flexibility
- High interest coverage (1191.8x) and debt-free structure eliminate financial risk
FIZZ Investment Risks to Consider
- Revenue growth near flat (+0.8% YoY) suggests challenging market conditions or limited market expansion
- Heavily concentrated in mature beverage category (SIC 2086) with intense competitive pressures from larger diversified peers
- Zero insider buying activity in past 90 days may indicate limited insider conviction or constrained insider trading windows
- Dependence on brand loyalty in commodity-like beverage market vulnerable to shifting consumer preferences
- Growth sustainability dependent on market share gains rather than category expansion
Key Metrics to Watch
- Revenue growth acceleration - critical to validate whether flat growth is temporary or structural
- Gross margin sustainability - monitor if 37.8% margin can be maintained amid competitive pricing pressures
- Operating cash flow consistency - ensure $135.7M level is sustainable and not artificially inflated by working capital management
- Return on equity trend - verify if 24.2% ROE can persist or faces compression from slower growth
- Capital allocation strategy - track how management deploys excess cash ($314M) for shareholder returns or strategic investments
FIZZ Financial Metrics
💡 AI Analyst Insight
Strong liquidity with a 4.41x current ratio provides a solid financial cushion.
FIZZ Profitability Ratios
FIZZ vs Default Sector
How NATIONAL BEVERAGE CORP compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is FIZZ Overvalued or Undervalued?
Based on fundamental analysis, NATIONAL BEVERAGE CORP appears fundamentally strong relative to the Default 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.
FIZZ Balance Sheet & Liquidity
FIZZ 5-Year Financial Trend & Growth Analysis
5-Year Trend Summary: NATIONAL BEVERAGE CORP's revenue has grown significantly by 12% over the 5-year period, indicating strong business expansion. The most recent EPS of $1.52 reflects profitable operations.
FIZZ Growth Metrics (YoY)
FIZZ Quarterly 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.
FIZZ Capital Allocation
FIZZ SEC 10-K & 10-Q Filing 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 an AI rating of STRONG BUY with 88% confidence, based on fundamental analysis of SEC EDGAR filings.
What are FIZZ's key strengths?
Claude: Pristine balance sheet with zero long-term debt and $314M cash representing 40% of total assets. Exceptional profitability with 20.4% operating margin and 24.2% ROE demonstrates superior competitive positioning.
What are the risks of investing in FIZZ?
Claude: Revenue growth near flat (+0.8% YoY) suggests challenging market conditions or limited market expansion. Heavily concentrated in mature beverage category (SIC 2086) with intense competitive pressures from larger diversified peers.
What is FIZZ's revenue and growth?
NATIONAL BEVERAGE CORP reported revenue of $883.4M.
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 $1.53.
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 rating reflects both perspectives for balanced insights.
Is FIZZ a good stock to buy right now?
Based on our AI fundamental analysis in March 2026, NATIONAL BEVERAGE CORP has a STRONG BUY rating with 88% 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 24.2% (sector avg: 15%), net margin of 16.2% (sector avg: 12%). Higher ROE suggests strong returns relative to peers.
Should I buy FIZZ stock in 2026?
Our dual AI analysis gives NATIONAL BEVERAGE CORP a combined STRONG BUY rating 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 $135.7M, with capital expenditures of $15.2M. FCF margin is 13.6%.
How does FIZZ compare to other Default stocks?
Vs Default sector averages: Net margin 16.2% (avg: 12%), ROE 24.2% (avg: 15%), current ratio 4.41 (avg: 1.8).