Reeds, Inc. (REED) vs Zevia PBC (ZVIA)

Reeds, Inc. and Zevia PBC are both Beverages Non Alcoholic companies. Zevia PBC is the larger, with a market value of $102.9M against $7.7M — 13.3× the size. Zevia PBC grew revenue faster over the last twelve months: 7.22% against −19.1%. Zevia PBC has the higher net margin (−5.34% vs −63.5%) and the higher return on invested capital (−125.0% vs −182.8%). Across the 17 metrics below, Zevia PBC leads on 13 and Reeds, Inc. on 4.

Valuation

Metric REED ZVIA Beverages Non Alcoholic median
P/E n/m n/m 21.29
P/S 0.26 0.56 1.65
P/B n/m 2.87 4.58
Price to free cash flow n/m 32.91 20.78
EV/EBITDA n/m n/m 11.71
EV/Sales 0.53 0.40 2.05
Earnings yield (281.97%) (9.77%) 3.53%
Free cash flow yield (193.43%) 3.04% 4.40%

Profitability

Metric REED ZVIA Beverages Non Alcoholic median
Gross margin 17.98% 47.71% 41.13%
Operating margin (61.39%) (5.68%) 13.39%
Net margin (63.48%) (5.34%) 8.35%
Free cash flow margin (50.24%) 1.71% 8.38%
Return on equity (59,677.42%) (25.55%) 23.98%
Return on assets (94.50%) (14.33%) 8.96%
Return on invested capital (182.75%) (124.95%) 14.10%

Growth

Metric REED ZVIA Beverages Non Alcoholic median
Revenue growth (TTM) (19.13%) 7.22% 10.11%
EPS growth (last fiscal year) 79.32% 55.88% —
Revenue growth, 5-year CAGR (3.92%) 7.95% 10.75%
Net income growth, 5-year CAGR 0.00% 0.00% 10.26%

Health

Metric REED ZVIA Beverages Non Alcoholic median
Debt to equity (6.74) 0.00 0.00
Current ratio 0.85 1.90 1.30
Net debt to EBITDA 0.08 2.34 0.08

Dividend

Metric REED ZVIA Beverages Non Alcoholic median
Dividend yield — — 3.00%
Payout ratio — 0.00 0.03

Size

Metric REED ZVIA Beverages Non Alcoholic median
Market cap 7.72m 102.87m 3.40b

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