National Beverage (FRA:20V) EV-to-EBIT: 11.90 (As of Aug. 23, 2026) — 37% Below Median

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FRA:20V National Beverage Corp FRA:20V
65 GF Score
Price €27.00
GF Value €38.08
! 1 Warning Sign
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What is National Beverage EV-to-EBIT?

National Beverage FRA:20V 65 EV-to-EBIT is 11.90 as of Aug. 23, 2026, which is 37% below its 10-year median of 18.99. GuruFocus rates FRA:20V with a GF Score™ of 65/100 and a GF Value™ of €38.08. The stock has 1 warning sign investors should review. Among 99 Beverages - Non-Alcoholic companies, National Beverage ranks better than 57.58% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, National Beverage's Enterprise Value is €2,344 Mil. National Beverage's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was €197 Mil. Therefore, National Beverage's EV-to-EBIT for today is 11.90.

The historical rank and industry rank for National Beverage's EV-to-EBIT or its related term are showing as below:

FRA:20V' s EV-to-EBIT Range Over the Past 10 Years
Min: 10.09   Med: 18.99   Max: 32.45
Current: 11.91

During the past 13 years, the highest EV-to-EBIT of National Beverage was 32.45. The lowest was 10.09. And the median was 18.99.

FRA:20V's EV-to-EBIT is ranked better than
57.58% of 99 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 14.29 vs FRA:20V: 11.91

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. National Beverage's Enterprise Value for the quarter that ended in Apr. 2026 was €2,392 Mil. National Beverage's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was €197 Mil. National Beverage's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 8.23%.


National Beverage  (FRA:20V) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

National Beverage's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Apr. 2026 ) =EBIT / Enterprise Value (Q: Apr. 2026 )
=196.913/2391.5184
=8.23 %

National Beverage's Enterprise Value for the quarter that ended in Apr. 2026 was €2,392 Mil.
National Beverage's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €197 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.


National Beverage EV-to-EBIT Related Terms


National Beverage EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for National Beverage's EV-to-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 EV-to-EBIT Chart

National Beverage Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.86 24.23 17.81 17.14 12.66

National Beverage Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
EV-to-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 17.14 17.36 12.69 12.38 12.66

FRA:20V vs COCO, SUJA, BUDA: EV-to-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
65GF Score
National Beverage Corp FRA:20V
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Beverage EV-to-EBIT Calculation

National Beverage's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2344.205/196.913
=11.90

National Beverage's current Enterprise Value is €2,344 Mil.
National Beverage's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €197 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 EV-to-EBIT →
What does a EV-to-EBIT of 11.90 mean?
National Beverage (FRA:20V) has a EV-to-EBIT of 11.90 as of Aug. 23, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on National Beverage and its competitors. This is 37% below median its historical median of 18.99. Over the past decade, National Beverage's EV-to-EBIT has ranged from 10.09 to 32.45. According to the industry distribution chart, National Beverage ranks #42 out of 99 companies in the Beverages - Non-Alcoholic industry, placing it in the top 42.4%.
Is National Beverage's EV-to-EBIT too high?
National Beverage's current EV-to-EBIT of 11.90 is 37% below median its 10-year median of 18.99. Over the past 10 years, this metric has ranged from a low of 10.09 to a high of 32.45. The Beverages - Non-Alcoholic industry median EV-to-EBIT is 14.29. National Beverage's value of 11.90 is 16.7% below this industry median. Based on the distribution chart, National Beverage ranks #42 out of 99 companies in the Beverages - Non-Alcoholic industry, which is above the industry midpoint. 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 EV-to-EBIT compare to COCO and SUJA?
According to the Beverages - Non-Alcoholic industry distribution chart, National Beverage ranks #42 out of 99 companies for EV-to-EBIT. This puts National Beverage in the upper half of its industry. The industry median EV-to-EBIT is 14.29. National Beverage's value of 11.90 is 16.7% below this benchmark. Historically, National Beverage's own EV-to-EBIT has ranged from 10.09 to 32.45 over the past decade. While the company's 10-year median is 18.99 vs. the industry median of 14.29, 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 EV-to-EBIT for a Beverages - Non-Alcoholic company?
The median EV-to-EBIT among Beverages - Non-Alcoholic companies is 14.29, based on 99 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. National Beverage's current EV-to-EBIT of 11.90 is 16.7% 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on National Beverage and its competitors. For the Beverages - Non-Alcoholic industry, the median EV-to-EBIT is 14.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Beverage's current EV-to-EBIT is 11.90, which is 37% below median its own 10-year median of 18.99. 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 EV-to-EBIT of 11.90. The stock's GF Value™ is €38.08, compared to a current price of €27.00 — trading 29.1% below its estimated fair value. The current EV-to-EBIT is 11.90, which is 37% below median its 10-year median of 18.99 and 16.7% below the Beverages - Non-Alcoholic industry median of 14.29. 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 EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For National Beverage (FRA:20V), the current EV-to-EBIT is 11.90 as of Aug. 23, 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 €27.00 is trading 29.1% below its estimated GF Value™ of €38.08.

Key valuation signals for FRA:20V:

  • EV-to-EBIT: 11.90 (37% below median its 10-year median of 18.99)
  • GF Value™: €38.08 vs. price of €27.00 (29.1% below fair value)
  • GF Score™: 65/100 with 1 warning sign
  • Industry Position: 16.7% below the Beverages - Non-Alcoholic median (#42 of 99)

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).
65GF Score

Get the complete analysis for FRA:20V

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

€27.00
Price
€38.08
GF Value