National Beverage (FRA:20V) E10: €1.56 (As of Jan. 2026)


FRA:20V National Beverage Corp FRA:20V
78 GF Score
Price €28.60
GF Value €40.08
! 2 Warning Signs
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What is National Beverage E10?

National Beverage FRA:20V -1.38% 78 E10 is €1.56 as of Jan. 2026. GuruFocus rates FRA:20V with a GF Score™ of 78/100 and a GF Value™ of €40.08. The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

National Beverage's adjusted earnings per share data for the three months ended in Jan. 2026 was €0.374. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.56 for the trailing ten years ended in Jan. 2026.

During the past 12 months, National Beverage's average E10 Growth Rate was 9.10% per year. During the past 3 years, the average E10 Growth Rate was 11.30% per year. During the past 5 years, the average E10 Growth Rate was 14.20% per year. During the past 10 years, the average E10 Growth Rate was 17.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of National Beverage was 23.10% per year. The lowest was 4.40% per year. And the median was 11.40% per year.

As of today (2026-06-28), National Beverage's current stock price is €28.60. National Beverage's E10 for the quarter that ended in Jan. 2026 was €1.56. National Beverage's Shiller PE Ratio of today is 18.33.

During the past 13 years, the highest Shiller PE Ratio of National Beverage was 108.82. The lowest was 16.84. And the median was 35.50.


National Beverage  (FRA:20V) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

National Beverage's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=28.60/1.56
=18.33

* 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.

During the past 13 years, the highest Shiller P/E Ratio of National Beverage was 108.82. The lowest was 16.84. And the median was 35.50.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


National Beverage E10 Related Terms


National Beverage E10 Historical Data

* Premium members only.

The historical data trend for National Beverage's E10 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.

National Beverage E10 Chart

National Beverage Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 1.24 1.30 1.49 1.54

National Beverage Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.68 1.54 1.62 1.56 1.56

FRA:20V vs COCO, SUJA, BUDA: E10 Comparison

For the Beverages - Non-Alcoholic subindustry, National Beverage's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio 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 Shiller PE Ratio vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, National Beverage's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where National Beverage's Shiller PE Ratio falls into.


FRA:20V
78GF Score
National Beverage Corp FRA:20V
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Beverage E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, National Beverage's adjusted earnings per share data for the three months ended in Jan. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jan. 2026 (Change)*Current CPI (Jan. 2026)
=0.374/325.2520*325.2520
=0.374

Current CPI (Jan. 2026) = 325.2520.

National Beverage Quarterly Data

per share eps CPI Adj_EPS
201604 0.163 239.261 0.222
201607 0.281 240.628 0.380
201610 0.241 241.729 0.324
201701 0.244 242.839 0.327
201704 0.289 244.524 0.384
201707 0.355 244.786 0.472
201710 0.306 246.663 0.403
201801 0.361 247.867 0.474
201804 0.314 250.546 0.408
201807 0.445 252.006 0.574
201810 0.383 252.885 0.493
201901 0.232 251.712 0.300
201904 0.249 255.548 0.317
201907 0.330 256.571 0.418
201910 0.316 257.346 0.399
202001 0.252 257.971 0.318
202004 0.350 256.389 0.444
202007 0.478 259.101 0.600
202010 0.425 260.388 0.531
202101 0.320 261.582 0.398
202104 0.351 267.054 0.427
202107 0.491 273.003 0.585
202110 0.362 276.589 0.426
202201 0.292 281.148 0.338
202204 0.333 289.109 0.375
202207 0.374 296.276 0.411
202210 0.396 298.012 0.432
202301 0.343 299.170 0.373
202304 0.356 303.363 0.382
202307 0.479 305.691 0.510
202310 0.445 307.671 0.470
202401 0.386 308.417 0.407
202404 0.438 313.548 0.454
202407 0.562 314.540 0.581
202410 0.450 315.664 0.464
202501 0.406 317.671 0.416
202504 0.418 320.795 0.424
202507 0.514 323.048 0.518
202510 0.421 0.000
202601 0.374 325.252 0.374

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of €1.56 mean?
National Beverage (FRA:20V) has a E10 of €1.56 as of Jan. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on National Beverage and its competitors.
Is National Beverage's E10 too high?
National Beverage's current E10 is €1.56. Overall, National Beverage has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does National Beverage's E10 compare to COCO and SUJA?
National Beverage's E10 of €1.56 can be compared against companies in the Beverages - Non-Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Beverages - Non-Alcoholic company?
A good E10 depends on the Beverages - Non-Alcoholic industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on National Beverage and its competitors. National Beverage's current E10 is €1.56. 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 E10 of €1.56. The stock's GF Value™ is €40.08, compared to a current price of €28.60 — trading 28.6% below its estimated fair value. The current E10 is €1.56. National Beverage's overall GF Score™ is 78/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For National Beverage (FRA:20V), the current E10 is €1.56 as of Jan. 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 €28.60 is trading 28.6% below its estimated GF Value™ of €40.08.

Key valuation signals for FRA:20V:

  • E10: €1.56
  • GF Value™: €40.08 vs. price of €28.60 (28.6% below fair value)
  • GF Score™: 78/100 with 2 warning signs

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 Business Description

Other Exchanges FIZZ:USA0K50:UK
Address 8050 SW Tenth Street, Suite 4000, Fort Lauderdale, FL, USA, 33324
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).
78GF Score

Get the complete analysis for FRA:20V

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€28.60
Price
€40.08
GF Value