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National BeverageFRA:20V +0.76%65 Debt-to-EBITDA is 0.26 as of Apr. 2026, which is 13% above its 10-year median of 0.23. GuruFocus rates FRA:20V with a GF Score™ of 65/100 and a GF Value™ of €38.80. The stock has 1 warning sign investors should review. Among 98 Beverages - Non-Alcoholic companies, National Beverage ranks better than 79.59% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for National Beverage's Debt-to-EBITDA or its related term are showing as below:
FRA:20V'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.17 Med: 0.23 Max: 0.28
Current: 0.23
During the past 13 years, the highest Debt-to-EBITDA Ratio of National Beverage was 0.28. The lowest was 0.17. And the median was 0.23.
FRA:20V's Debt-to-EBITDA is ranked better than 79.59% of 98
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 1.17
vs FRA:20V: 0.23
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
National Beverage Debt-to-EBITDA Related Terms
National Beverage Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for National Beverage's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:20V vs COCO, SUJA, BUDA: Debt-to-EBITDA Comparison
For the Beverages - Non-Alcoholic subindustry, National Beverage's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
National Beverage Debt-to-EBITDA vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, National Beverage's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where National Beverage's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Apr. 2026) EBITDA data.
National Beverage (FRA:20V) has a Debt-to-EBITDA of 0.26 as of Apr. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on National Beverage. This is 13% above median its historical median of 0.23. Over the past decade, National Beverage's Debt-to-EBITDA has ranged from 0.17 to 0.28. According to the industry distribution chart, National Beverage ranks #20 out of 98 companies in the Beverages - Non-Alcoholic industry, placing it in the top 20.4%.
Is National Beverage's Debt-to-EBITDA too high?
National Beverage's current Debt-to-EBITDA of 0.26 is 13% above median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.28. The Beverages - Non-Alcoholic industry median Debt-to-EBITDA is 1.17. National Beverage's value of 0.26 is 77.8% below this industry median. Based on the distribution chart, National Beverage ranks #20 out of 98 companies in the Beverages - Non-Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, National Beverage has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does National Beverage's Debt-to-EBITDA compare to COCO and SUJA?
According to the Beverages - Non-Alcoholic industry distribution chart, National Beverage ranks #20 out of 98 companies for Debt-to-EBITDA. This places National Beverage in the top 20% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 1.17. National Beverage's value of 0.26 is 77.8% below this benchmark. Historically, National Beverage's own Debt-to-EBITDA has ranged from 0.17 to 0.28 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 1.17, National Beverage has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Beverages - Non-Alcoholic company?
The median Debt-to-EBITDA among Beverages - Non-Alcoholic companies is 1.17, based on 98 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. National Beverage's current Debt-to-EBITDA of 0.26 is 77.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on National Beverage. For the Beverages - Non-Alcoholic industry, the median Debt-to-EBITDA is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Beverage's current Debt-to-EBITDA is 0.26, which is 13% above median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Beverage stock overvalued right now?
National Beverage (FRA:20V) has a current Debt-to-EBITDA of 0.26. The stock's GF Value™ is €38.80, compared to a current price of €26.60 — trading 31.4% below its estimated fair value. The current Debt-to-EBITDA is 0.26, which is 13% above median its 10-year median of 0.23 and 77.8% below the Beverages - Non-Alcoholic industry median of 1.17. National Beverage's overall GF Score™ is 65/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For National Beverage (FRA:20V), the current Debt-to-EBITDA is 0.26 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is National Beverage (FRA:20V) Overvalued in 2026?
Based on GuruFocus' analysis, National Beverage stock appears to be undervalued.
The current stock price of €26.60 is trading 31.4% below its estimated GF Value™ of €38.80.
Key valuation signals for FRA:20V:
Debt-to-EBITDA: 0.26 (13% above median its 10-year median of 0.23)
GF Value™: €38.80 vs. price of €26.60 (31.4% below fair value)
Industry Position: 77.8% below the Beverages - Non-Alcoholic median (#20 of 98)
No single metric tells the full story. See the FRA:20V stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Beverage Corp is a non-alcoholic beverage company in the U.S. Its portfolio skews toward functional drinks (that is those purporting to offer health benefits) and is anchored by the popular LaCroix sparkling water trademark. Other offerings include Rip It energy drinks, Everfresh juices, and soda brands like Shasta and Faygo. The firm controls the majority of its production and distribution apparatus, with very little outsourcing. In terms of go-to-market, it uses warehouse distribution for retailers, direct-store delivery for convenience stores and other small outlets, and food-service distributors for the food-service channel (schools, hospitals, restaurants).
65GF Score
Get the complete analysis for FRA:20V
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