National BeverageFRA:20V -2.80%77 EV-to-FCF is 18.09 as of Jul. 08, 2026, which is 33% below its 10-year median of 26.92. GuruFocus rates FRA:20V with a GF Score™ of 77/100 and a GF Value™ of €38.82. The stock has 1 warning sign investors should review. Among 79 Beverages - Non-Alcoholic companies, National Beverage ranks better than 62.03% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, National Beverage's Enterprise Value is €2,415 Mil.
National Beverage's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 was €133 Mil. Therefore, National Beverage's EV-to-FCF for today is 18.09.
The historical rank and industry rank for National Beverage's EV-to-FCF or its related term are showing as below:
FRA:20V'
s EV-to-FCF Range Over the Past 10 Years
Min: 12.73 Med: 26.92 Max: 58.41
Current: 17.61
During the past 13 years, the highest EV-to-FCF of National Beverage was 58.41. The lowest was 12.73. And the median was 26.92.
FRA:20V's EV-to-FCF is ranked better than 62.03% of 79
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 20.59
vs FRA:20V: 17.61
EV-to-FCF 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-FCF 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.
National Beverage's PE Ratio (TTM) for today is calculated as:
National Beverage's share price for today is €27.80.
National Beverage's Earnings per Share (Diluted) 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 €1.677.
* 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
National Beverage EV-to-FCF Related Terms
National Beverage EV-to-FCF Historical Data
* Premium members only.
The historical data trend for National Beverage's EV-to-FCF 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, National Beverage's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, National Beverage's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where National Beverage's EV-to-FCF falls into.
National Beverage's current Enterprise Value is €2,415 Mil.
National Beverage's Free Cash Flow 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 €133 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 (FRA:20V) has a EV-to-FCF of 18.09 as of Jul. 08, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on National Beverage and its competitors. This is 33% below median its historical median of 26.92. Over the past decade, National Beverage's EV-to-FCF has ranged from 12.73 to 58.41. According to the industry distribution chart, National Beverage ranks #30 out of 79 companies in the Beverages - Non-Alcoholic industry, placing it in the top 38%.
Is National Beverage's EV-to-FCF too high?
National Beverage's current EV-to-FCF of 18.09 is 33% below median its 10-year median of 26.92. Over the past 10 years, this metric has ranged from a low of 12.73 to a high of 58.41. The Beverages - Non-Alcoholic industry median EV-to-FCF is 20.59. National Beverage's value of 18.09 is 12.1% below this industry median. Based on the distribution chart, National Beverage ranks #30 out of 79 companies in the Beverages - Non-Alcoholic industry, which is above the industry midpoint. Overall, National Beverage has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does National Beverage's EV-to-FCF compare to COCO and SUJA?
According to the Beverages - Non-Alcoholic industry distribution chart, National Beverage ranks #30 out of 79 companies for EV-to-FCF. This puts National Beverage in the upper half of its industry. The industry median EV-to-FCF is 20.59. National Beverage's value of 18.09 is 12.1% below this benchmark. Historically, National Beverage's own EV-to-FCF has ranged from 12.73 to 58.41 over the past decade. While the company's 10-year median is 26.92 vs. the industry median of 20.59, 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-FCF for a Beverages - Non-Alcoholic company?
The median EV-to-FCF among Beverages - Non-Alcoholic companies is 20.59, based on 79 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. National Beverage's current EV-to-FCF of 18.09 is 12.1% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on National Beverage and its competitors. For the Beverages - Non-Alcoholic industry, the median EV-to-FCF is 20.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Beverage's current EV-to-FCF is 18.09, which is 33% below median its own 10-year median of 26.92. 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-FCF of 18.09. The stock's GF Value™ is €38.82, compared to a current price of €27.80 — trading 28.4% below its estimated fair value. The current EV-to-FCF is 18.09, which is 33% below median its 10-year median of 26.92 and 12.1% below the Beverages - Non-Alcoholic industry median of 20.59. National Beverage's overall GF Score™ is 77/100 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-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For National Beverage (FRA:20V), the current EV-to-FCF is 18.09 as of Jul. 08, 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 €27.80 is trading 28.4% below its estimated GF Value™ of €38.82.
Key valuation signals for FRA:20V:
EV-to-FCF: 18.09 (33% below median its 10-year median of 26.92)
GF Value™: €38.82 vs. price of €27.80 (28.4% below fair value)
Industry Position: 12.1% below the Beverages - Non-Alcoholic median (#30 of 79)
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 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).
77GF Score
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