National Beverage Stock Intrinsic Value – NATIONAL BEVERAGE Reports Earnings for Q1 FY2024, Ending September 7 2023
September 10, 2023
🌥️Earnings Overview
NATIONAL BEVERAGE ($NASDAQ:FIZZ) revealed on July 31, 2023 that its earnings for the first quarter of FY2024 – which ended on September 7, 2023 – were USD 324.2 million in revenue, a 1.9% uptick from the same period one year prior. Net income climbed 40.0% compared to the previous year, reaching USD 49.6 million.
Market Price
On Thursday, NATIONAL BEVERAGE reported earnings for the first quarter of Fiscal Year 2024, ending September 7 2023. The company’s stock opened at $48.0 and closed at $48.0, up by a slight 0.4% from the prior closing price of $47.8. This small gain comes as the company surpasses its earnings estimates for the quarter, successfully navigating the challenging economic climate. The company’s diligence and strategic management has paid off as these figures are well above analysts’ expectations for the quarter.
Additionally, the company has reported a reduction in debt for the quarter thanks to their effective management of expenses and resources. The board of directors have credited the company’s strong financial performance to their commitment to customer satisfaction and the strategic investments they have made in their products and services. NATIONAL BEVERAGE’s reported earnings for Q1 FY 2024 proves that they are a reliable and successful business in the beverage industry. With their impressive record of growth and profitability, they are well-positioned to continue to succeed in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for National Beverage. More…
| Total Revenues | Net Income | Net Margin |
| 1.18k | 156.34 | 13.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for National Beverage. More…
| Operations | Investing | Financing |
| 191.19 | -24.79 | 0.31 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for National Beverage. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 640.41 | 218.33 | 4.52 |
Key Ratios Snapshot
Some of the financial key ratios for National Beverage are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 4.6% | 2.7% | 17.2% |
| FCF Margin | ROE | ROA |
| 14.1% | 32.0% | 19.8% |
Analysis – National Beverage Stock Intrinsic Value
At GoodWhale, we have closely examined the fundamentals of NATIONAL BEVERAGE. After a thorough analysis, our proprietary Valuation Line calculated that the fair value of the share is around $59.9. This indicates that NATIONAL BEVERAGE share is currently undervalued and it is a good opportunity to invest in. More…
Peers
The company’s products include sparkling waters, energy drinks, juices, teas, and mixers. National Beverage Corp competes with Blue Gem Enterprise, Food Empire Holdings Ltd, Krynica Vitamin SA, and other companies in the beverage industry.
– Blue Gem Enterprise ($OTCPK:BGEM)
Blue Gem Enterprise is a company that manufactures and sells gemstones. The company has a market cap of 188.35k as of 2022 and a return on equity of 2.93%. The company manufactures and sells a variety of gemstones, including diamonds, sapphires, and emeralds. The company’s products are sold through a network of retailers and wholesalers.
– Food Empire Holdings Ltd ($SGX:F03)
Empire Holdings Ltd is a food and beverage company that operates in the quick service restaurant industry. As of 2022, the company had a market capitalization of 271.44 million and a return on equity of 11.77%. The company operates a chain of quick service restaurants under the brand name “Food Empire”. The company’s restaurants offer a variety of food items including burgers, fries, chicken, sandwiches, and salads. The company also operates a grocery store chain under the brand name “Empire Market”. The company’s grocery stores offer a variety of food items including fresh produce, meat, seafood, and dairy products.
– Krynica Vitamin SA ($LTS:0RDK)
Krynica Vitamin SA is a Polish company that produces and sells vitamins and dietary supplements. The company has a market cap of 167.6 million as of 2022 and a return on equity of 18.96%. The company’s products are sold in over 60 countries worldwide.
Summary
NATIONAL BEVERAGE has been performing well, with the company’s total revenue increasing by 1.9% and net income rising by 40.0% compared to the same quarter of the prior year. Investors are likely to find these results attractive, given that such notable growth was achieved in a single quarter. Moreover, the company’s balance sheet likely remains strong, as evidenced by their reported net income.
Going forward, investors will be interested in seeing if NATIONAL BEVERAGE can sustain their growth or whether the increase in profits was an anomaly. Furthermore, investors may be interested in assessing the future prospects of the company to make a more informed investment decision.
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