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Fevertree DrinksLSE:FEVR 85 EV-to-OCF is 31.18 as of Aug. 06, 2026, which is 46% below its 10-year median of 58.06. GuruFocus rates LSE:FEVR with a GF Score™ of 85/100 and a GF Value™ of £9.45 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 118 Beverages - Non-Alcoholic companies, Fevertree Drinks ranks worse than 86.44% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Fevertree Drinks's Enterprise Value is £873.1 Mil.
Fevertree Drinks's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was £28.0 Mil. Therefore, Fevertree Drinks's EV-to-OCF for today is 31.18.
The historical rank and industry rank for Fevertree Drinks's EV-to-OCF or its related term are showing as below:
LSE:FEVR'
s EV-to-OCF Range Over the Past 10 Years
Min: -357.48 Med: 58.06 Max: 189.3
Current: 31.1
During the past 13 years, the highest EV-to-OCF of Fevertree Drinks was 189.30. The lowest was -357.48. And the median was 58.06.
LSE:FEVR's EV-to-OCF is ranked worse than 86.44% of 118
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 12.125
vs LSE:FEVR: 31.10
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Fevertree Drinks's PE Ratio (TTM) for today is calculated as:
Fevertree Drinks's share price for today is £8.55.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Fevertree Drinks's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was £0.186.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Fevertree Drinks EV-to-OCF Related Terms
Fevertree Drinks EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Fevertree Drinks's EV-to-OCF 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.
For the Beverages - Non-Alcoholic subindustry, Fevertree Drinks's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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.
Fevertree Drinks EV-to-OCF vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Fevertree Drinks's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Fevertree Drinks's EV-to-OCF falls into.
Fevertree Drinks's current Enterprise Value is £873.1 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Fevertree Drinks's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was £28.0 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.
Fevertree Drinks (LSE:FEVR) has a EV-to-OCF of 31.18 as of Aug. 06, 2026. This is 46% below median its historical median of 58.06. According to the industry distribution chart, Fevertree Drinks ranks #102 out of 118 companies in the Beverages - Non-Alcoholic industry, placing it in the top 86.4%.
Is Fevertree Drinks' EV-to-OCF too high?
Fevertree Drinks' current EV-to-OCF of 31.18 is 46% below median its 10-year median of 58.06. The Beverages - Non-Alcoholic industry median EV-to-OCF is 12.13. Fevertree Drinks' value of 31.18 is 157.2% above this industry median. Based on the distribution chart, Fevertree Drinks ranks #102 out of 118 companies in the Beverages - Non-Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Fevertree Drinks has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fevertree Drinks' EV-to-OCF compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Fevertree Drinks ranks #102 out of 118 companies for EV-to-OCF. This places Fevertree Drinks in the lower half of its industry. The industry median EV-to-OCF is 12.13. Fevertree Drinks' value of 31.18 is 157.2% above this benchmark. While the company's 10-year median is 58.06 vs. the industry median of 12.13, Fevertree Drinks has consistently been above 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-OCF for a Beverages - Non-Alcoholic company?
The median EV-to-OCF among Beverages - Non-Alcoholic companies is 12.13, based on 118 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fevertree Drinks's current EV-to-OCF of 31.18 is 157.2% above 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Beverages - Non-Alcoholic industry, the median EV-to-OCF is 12.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fevertree Drinks's current EV-to-OCF is 31.18, which is 46% below median its own 10-year median of 58.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fevertree Drinks stock overvalued right now?
Based on GuruFocus' analysis, Fevertree Drinks (LSE:FEVR) is currently considered Modestly Undervalued. The stock's GF Value™ is £9.45, compared to a current price of £8.55 — trading 9.5% below its estimated fair value. The current EV-to-OCF is 31.18, which is 46% below median its 10-year median of 58.06 and 157.2% above the Beverages - Non-Alcoholic industry median of 12.13. Fevertree Drinks' overall GF Score™ is 85/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Fevertree Drinks (LSE:FEVR), the current EV-to-OCF is 31.18 as of Aug. 06, 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 Fevertree Drinks (LSE:FEVR) Overvalued in 2026?
Based on GuruFocus' analysis, Fevertree Drinks stock appears to be undervalued.
The current stock price of £8.55 is trading 9.5% below its estimated GF Value™ of £9.45.
GuruFocus considers Fevertree Drinks to be Modestly Undervalued.
Key valuation signals for LSE:FEVR:
EV-to-OCF: 31.18 (46% below median its 10-year median of 58.06)
GF Value™: £9.45 vs. price of £8.55 (9.5% below fair value)
Industry Position: 157.2% above the Beverages - Non-Alcoholic median (#102 of 118)
No single metric tells the full story. See the LSE:FEVR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fevertree Drinks PLC is a UK based holding and investment company. The company is engaged in the business activity of developing and marketing premium mixer drinks. Its product portfolio includes Indian tonic water, Mediterranean tonic water, Elderflower tonic water, Aromatic tonic water, Clementine tonic water, Lemon tonic water, Ginger beer, Ginger ale, Smoky ginger ale, Spiced orange ginger ale, Madagascan cola, Sicilian lemonade, Lemonade, Premium Soda Water and Mediterranean Orange. Geographically, company is divided into two segments US segment representing profits from USA cities and Rest of Group segment which represents profits directly attributable to UK, European and RoW regions of which majority of the revenue is from the United Kingdom.
85GF Score
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