National Beverage Corp. (FIZZ) vs Alkaline Water Company Inc. (WTER)

National Beverage Corp. and Alkaline Water Company Inc. are both Beverages Non Alcoholic companies. National Beverage Corp. is the larger, with a market value of $2.8B against $490.0K — 5714.3× the size. Alkaline Water Company Inc. has negative trailing earnings, so its P/E is not meaningful; National Beverage Corp. trades at 15.9×. Alkaline Water Company Inc. grew revenue faster over the last twelve months: 9.50% against −1.80%. National Beverage Corp. has the higher net margin (14.8% vs −36.5%) and the higher return on invested capital (52.2% vs 0.00%). Across the 19 metrics below, National Beverage Corp. leads on 11 and Alkaline Water Company Inc. on 8.

Valuation

Metric FIZZ WTER Beverages Non Alcoholic median
P/E 15.87 n/m 21.29
P/S 2.35 0.00 1.65
P/B 7.56 n/m 4.58
Price to free cash flow 17.15 n/m 20.78
EV/EBITDA 11.19 0.02 11.71
EV/Sales 2.29 (0.01) 2.05
Earnings yield 6.30% (117,013.00%) 3.53%
Free cash flow yield 5.83% (47,548.33%) 4.40%

Profitability

Metric FIZZ WTER Beverages Non Alcoholic median
Gross margin 36.21% 20.03% 41.13%
Operating margin 18.45% (29.10%) 13.39%
Net margin 14.81% (36.47%) 8.35%
Free cash flow margin 13.71% (13.37%) 8.38%
Return on equity 40.13% 610.66% 23.98%
Return on assets 26.50% (103.98%) 8.96%
Return on invested capital 52.24% 0.00% 14.10%

Growth

Metric FIZZ WTER Beverages Non Alcoholic median
Revenue growth (TTM) (1.80%) 9.50% 10.11%
EPS growth (last fiscal year) (1.51%) 50.14% —
Revenue growth, 5-year CAGR 1.94% 26.34% 10.75%
Net income growth, 5-year CAGR 1.07% 0.00% 10.26%

Health

Metric FIZZ WTER Beverages Non Alcoholic median
Debt to equity 0.00 0.00 0.00
Current ratio 2.39 0.58 1.30
Net debt to EBITDA (1.38) 0.05 0.08

Dividend

Metric FIZZ WTER Beverages Non Alcoholic median
Dividend yield — — 3.00%
Payout ratio 0.00 0.00 0.03

Size

Metric FIZZ WTER Beverages Non Alcoholic median
Market cap 2.80b 490.00k 3.40b

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