National Beverage (FRA:20V) EBIT: €205 Mil (TTM As of Jan. 2026)


FRA:20V National Beverage Corp FRA:20V
78 GF Score
Price €29.00
GF Value €40.06
! 2 Warning Signs
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What is National Beverage EBIT?

National Beverage FRA:20V -2.68% 78 EBIT is €205 Mil as of Jan. 2026. GuruFocus rates FRA:20V with a GF Score™ of 78/100 and a GF Value™ of €40.06. The stock has 2 warning signs investors should review.

National Beverage's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2026 was €44 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2026 was €205 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. National Beverage's annualized ROC % for the quarter that ended in Jan. 2026 was 41.41%. National Beverage's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2026 was 57.17%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. National Beverage's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2026 was 8.15%.


National Beverage  (FRA:20V) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

National Beverage's annualized ROC % for the quarter that ended in Jan. 2026 is calculated as:

ROC % (Q: Jan. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2025 ) + Invested Capital (Q: Jan. 2026 ))/ count )
=174.1 * ( 1 - 23.6% )/( (326.417 + 316.023)/ 2 )
=133.0124/321.22
=41.41 %

where

Invested Capital(Q: Oct. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=643.369 - 85.611 - ( 231.341 - max(0, 98.519 - 422.144+231.341))
=326.417

Invested Capital(Q: Jan. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=674.393 - 91.179 - ( 267.191 - max(0, 103.881 - 457.869+267.191))
=316.023

Note: The Operating Income data used here is four times the quarterly (Jan. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

National Beverage's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2025  Q: Jan. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=174.1/( ( (204.5 + max(105.191, 0)) + (199.899 + max(99.499, 0)) )/ 2 )
=174.1/( ( 309.691 + 299.398 )/ 2 )
=174.1/304.5445
=57.17 %

where Working Capital is:

Working Capital(Q: Oct. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(80.022 + 82.351 + 28.43) - (85.611 + 0 + 0.0010000000000048)
=105.191

Working Capital(Q: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(82.914 + 81.785 + 25.979) - (91.179 + 0 + 0)
=99.499

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jan. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

National Beverage's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2026 )
=205.217/2517.590
=8.15 %

* 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 EBIT Related Terms


National Beverage EBIT Historical Data

* Premium members only.

The historical data trend for National Beverage's EBIT 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 EBIT Chart

National Beverage Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 190.46 192.48 170.26 203.65 209.56

National Beverage Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
EBIT 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 48.86 51.18 60.66 49.86 43.53

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

For the Beverages - Non-Alcoholic subindustry, National Beverage's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, National Beverage's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where National Beverage's EV-to-EBIT falls into.


FRA:20V
78GF Score
National Beverage Corp FRA:20V
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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National Beverage EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Jan. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €205 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €205 Mil mean?
National Beverage (FRA:20V) has a EBIT of €205 Mil as of Jan. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on National Beverage.
Is National Beverage's EBIT too high?
National Beverage's current EBIT is €205 Mil. 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 EBIT compare to COCO and SUJA?
National Beverage's EBIT of €205 Mil 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 EBIT for a Beverages - Non-Alcoholic company?
A good EBIT depends on the Beverages - Non-Alcoholic industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on National Beverage. National Beverage's current EBIT is €205 Mil. 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 EBIT of €205 Mil. The stock's GF Value™ is €40.06, compared to a current price of €29.00 — trading 27.6% below its estimated fair value. The current EBIT is €205 Mil. 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 EBIT calculated?
EBIT is calculated from a company's financial statements. For National Beverage (FRA:20V), the current EBIT is €205 Mil 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 €29.00 is trading 27.6% below its estimated GF Value™ of €40.06.

Key valuation signals for FRA:20V:

  • EBIT: €205 Mil
  • GF Value™: €40.06 vs. price of €29.00 (27.6% 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

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

€29.00
Price
€40.06
GF Value