Fevertree DrinksFQVTY -0.09%64 Net Current Asset Value is $1.67 as of Dec. 2025, which is 88% below its 10-year median of 14.05. GuruFocus rates FQVTY with a GF Score™ of 64/100 and a GF Value™ of $13.01 (Fairly Valued). The stock has 6 warning signs investors should review. Among 64 Beverages - Non-Alcoholic companies, Fevertree Drinks ranks better than 50% on this metric.
In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).
Fevertree Drinks's net current asset value per share for the quarter that ended in Dec. 2025 was $1.67.
The historical rank and industry rank for Fevertree Drinks's Net Current Asset Value or its related term are showing as below:
FQVTY'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 5.07 Med: 14.05 Max: 31.19
Current: 6.39
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Fevertree Drinks was 31.19. The lowest was 5.07. And the median was 14.05.
FQVTY's Price-to-Net-Current-Asset-Value is ranked better than 50% of 64
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 6.51
vs FQVTY: 6.39
Fevertree Drinks (OTCPK:FQVTY) Net Current Asset Value Explanation
Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."
The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]
Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.
One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Grahams strategy produced similar results.
Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.
Fevertree Drinks Net Current Asset Value Related Terms
Fevertree Drinks Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Fevertree Drinks's Net Current Asset 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.
FQVTY vs KO, PEP, MNST: Net Current Asset Value Comparison
For the Beverages - Non-Alcoholic subindustry, Fevertree Drinks's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-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.
Fevertree Drinks Price-to-Net-Current-Asset-Value vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Fevertree Drinks's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Fevertree Drinks's Price-to-Net-Current-Asset-Value falls into.
* 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.
What does a Net Current Asset Value of $1.67 mean?
Fevertree Drinks (FQVTY) has a Net Current Asset Value of $1.67 as of Dec. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Fevertree Drinks and its competitors. This is 88% below median its historical median of 14.05. Over the past decade, Fevertree Drinks' Net Current Asset Value has ranged from 5.07 to 31.19. According to the industry distribution chart, Fevertree Drinks ranks #32 out of 64 companies in the Beverages - Non-Alcoholic industry, placing it in the top 50%.
Is Fevertree Drinks' Net Current Asset Value too high?
Fevertree Drinks' current Net Current Asset Value of $1.67 is 88% below median its 10-year median of 14.05. Over the past 10 years, this metric has ranged from a low of 5.07 to a high of 31.19. The Beverages - Non-Alcoholic industry median Net Current Asset Value is 6.51. Fevertree Drinks' value of $1.67 is 74.3% below this industry median. Based on the distribution chart, Fevertree Drinks ranks #32 out of 64 companies in the Beverages - Non-Alcoholic industry, which is above the industry midpoint. Overall, Fevertree Drinks has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fevertree Drinks' Net Current Asset Value compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Fevertree Drinks ranks #32 out of 64 companies for Net Current Asset Value. This puts Fevertree Drinks in the upper half of its industry. The industry median Net Current Asset Value is 6.51. Fevertree Drinks' value of $1.67 is 74.3% below this benchmark. Historically, Fevertree Drinks' own Net Current Asset Value has ranged from 5.07 to 31.19 over the past decade. While the company's 10-year median is 14.05 vs. the industry median of 6.51, Fevertree Drinks 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 Net Current Asset Value for a Beverages - Non-Alcoholic company?
The median Net Current Asset Value among Beverages - Non-Alcoholic companies is 6.51, based on 64 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fevertree Drinks's current Net Current Asset Value of $1.67 is 74.3% 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 Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Fevertree Drinks and its competitors. For the Beverages - Non-Alcoholic industry, the median Net Current Asset Value is 6.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fevertree Drinks's current Net Current Asset Value is $1.67, which is 88% below median its own 10-year median of 14.05. 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 (FQVTY) is currently considered Fairly Valued. The stock's GF Value™ is $13.01, compared to a current price of $11.19 — trading 14% below its estimated fair value. The current Net Current Asset Value is $1.67, which is 88% below median its 10-year median of 14.05 and 74.3% below the Beverages - Non-Alcoholic industry median of 6.51. Fevertree Drinks' overall GF Score™ is 64/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Fevertree Drinks (FQVTY), the current Net Current Asset Value is $1.67 as of Dec. 2025. 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 (FQVTY) Overvalued in 2026?
Based on GuruFocus' analysis, Fevertree Drinks stock appears to be undervalued.
The current stock price of $11.19 is trading 14% below its estimated GF Value™ of $13.01.
GuruFocus considers Fevertree Drinks to be Fairly Valued.
Key valuation signals for FQVTY:
Net Current Asset Value: $1.67 (88% below median its 10-year median of 14.05)
GF Value™: $13.01 vs. price of $11.19 (14% below fair value)
Industry Position: 74.3% below the Beverages - Non-Alcoholic median (#32 of 64)
No single metric tells the full story. See the FQVTY 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.
64GF Score
Get the complete analysis for FQVTY
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FQVTY has been successfully added to your 
