National Beverage (FRA:20V) Enterprise Value: €2,294 Mil (As of Jul. 02, 2026) ***


FRA:20V National Beverage Corp FRA:20V
74 GF Score
Price €26.80
GF Value €39.65
! 2 Warning Signs
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What is National Beverage Enterprise Value?

National Beverage FRA:20V -2.19% 74 Enterprise Value is €2,294 Mil as of Jul. 02, 2026. GuruFocus rates FRA:20V with a GF Score™ of 74/100 and a GF Value™ of €39.65. The stock has 2 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, National Beverage's Enterprise Value is €2,294 Mil. National Beverage's EBIT for the trailing twelve months (TTM) ended in Jan. 2026 was €205 Mil. Therefore, National Beverage's EV-to-EBIT ratio for today is 11.18.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, National Beverage's Enterprise Value is €2,294 Mil. National Beverage's EBITDA for the trailing twelve months (TTM) ended in Jan. 2026 was €224 Mil. Therefore, National Beverage's EV-to-EBITDA ratio for today is 10.23.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, National Beverage's Enterprise Value is €2,294 Mil. National Beverage's Revenue for the trailing twelve months (TTM) ended in Jan. 2026 was €1,035 Mil. Therefore, National Beverage's EV-to-Revenue ratio for today is 2.22.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, National Beverage's Enterprise Value is €2,294 Mil. National Beverage's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jan. 2026 was €170 Mil. Therefore, National Beverage's EV-to-OCF ratio for today is 13.53.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, National Beverage's Enterprise Value is €2,294 Mil. National Beverage's Free Cash Flow for the trailing twelve months (TTM) ended in Jan. 2026 was €143 Mil. Therefore, National Beverage's EV-to-FCF ratio for today is 16.07.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


National Beverage  (FRA:20V) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

National Beverage's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2293.763/205.217
=11.18

National Beverage's current Enterprise Value is €2,294 Mil.
National Beverage's 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.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

National Beverage's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=2293.763/224.302
=10.23

National Beverage's current Enterprise Value is €2,294 Mil.
National Beverage's EBITDA 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 €224 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

National Beverage's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=2293.763/1035.22
=2.22

National Beverage's current Enterprise Value is €2,294 Mil.
National Beverage's Revenue 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 €1,035 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

National Beverage's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=2293.763/169.53
=13.53

National Beverage's current Enterprise Value is €2,294 Mil.
National Beverage's Cash Flow from Operations 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 €170 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

National Beverage's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=2293.763/142.767
=16.07

National Beverage's current Enterprise Value is €2,294 Mil.
National Beverage's Free Cash Flow 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 €143 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 Enterprise Value Related Terms


National Beverage Enterprise Value Historical Data

* Premium members only.

The historical data trend for National Beverage's Enterprise Value 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 Enterprise Value Chart

National Beverage Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,569.53 3,944.69 4,038.76 3,545.28 3,468.10

National Beverage Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
Enterprise Value 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 3,691.70 3,468.10 3,628.18 2,484.23 2,388.68

FRA:20V vs COCO, SUJA, BUDA: Enterprise Value Comparison

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

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

* The bar in red indicates where National Beverage's Enterprise Value falls into.


FRA:20V
74GF Score
National Beverage Corp FRA:20V
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Beverage Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

National Beverage's Enterprise Value for the fiscal year that ended in Apr. 2025 is calculated as

National Beverage's Enterprise Value for the quarter that ended in Jan. 2026 is calculated as

* 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 Enterprise Value →
What does a Enterprise Value of €2,294 Mil mean?
National Beverage (FRA:20V) has a Enterprise Value of €2,294 Mil as of Jul. 02, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on National Beverage and its competitors.
Is National Beverage's Enterprise Value too high?
National Beverage's current Enterprise Value is €2,294 Mil. Overall, National Beverage has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does National Beverage's Enterprise Value compare to COCO and SUJA?
National Beverage's Enterprise Value of €2,294 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 Enterprise Value for a Beverages - Non-Alcoholic company?
A good Enterprise Value depends on the Beverages - Non-Alcoholic industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on National Beverage and its competitors. National Beverage's current Enterprise Value is €2,294 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 Enterprise Value of €2,294 Mil. The stock's GF Value™ is €39.65, compared to a current price of €26.80 — trading 32.4% below its estimated fair value. The current Enterprise Value is €2,294 Mil. National Beverage's overall GF Score™ is 74/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For National Beverage (FRA:20V), the current Enterprise Value is €2,294 Mil as of Jul. 02, 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 €26.80 is trading 32.4% below its estimated GF Value™ of €39.65.

Key valuation signals for FRA:20V:

  • Enterprise Value: €2,294 Mil
  • GF Value™: €39.65 vs. price of €26.80 (32.4% below fair value)
  • GF Score™: 74/100 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).
74GF Score

Get the complete analysis for FRA:20V

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

€26.80
Price
€39.65
GF Value