National Beverage (FRA:20V) Asset Turnover: 0.34 (As of Jan. 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 Asset Turnover?

National Beverage FRA:20V -2.19% 74 Asset Turnover is 0.34 as of Jan. 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.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. National Beverage's Revenue for the three months ended in Jan. 2026 was €225 Mil. National Beverage's Total Assets for the quarter that ended in Jan. 2026 was €659 Mil. Therefore, National Beverage's Asset Turnover for the quarter that ended in Jan. 2026 was 0.34.

Asset Turnover is linked to ROE % through Du Pont Formula. National Beverage's annualized ROE % for the quarter that ended in Jan. 2026 was 28.73%. It is also linked to ROA % through Du Pont Formula. National Beverage's annualized ROA % for the quarter that ended in Jan. 2026 was 21.29%.


National Beverage  (FRA:20V) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

National Beverage's annulized ROE % for the quarter that ended in Jan. 2026 is

ROE %**(Q: Jan. 2026 )
=Net Income/Total Stockholders Equity
=140.272/488.2625
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(140.272 / 900.652)*(900.652 / 658.881)*(658.881/ 488.2625)
=Net Margin %*Asset Turnover*Equity Multiplier
=15.57 %*1.3669*1.3494
=ROA %*Equity Multiplier
=21.29 %*1.3494
=28.73 %

Note: The Net Income data used here is four times the quarterly (Jan. 2026) net income data. The Revenue data used here is four times the quarterly (Jan. 2026) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

National Beverage's annulized ROA % for the quarter that ended in Jan. 2026 is

ROA %(Q: Jan. 2026 )
=Net Income/Total Assets
=140.272/658.881
=(Net Income / Revenue)*(Revenue / Total Assets)
=(140.272 / 900.652)*(900.652 / 658.881)
=Net Margin %*Asset Turnover
=15.57 %*1.3669
=21.29 %

Note: The Net Income data used here is four times the quarterly (Jan. 2026) net income data. The Revenue data used here is four times the quarterly (Jan. 2026) revenue data.

* 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


National Beverage Asset Turnover Related Terms


National Beverage Asset Turnover Historical Data

* Premium members only.

The historical data trend for National Beverage's Asset Turnover 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 Asset Turnover Chart

National Beverage Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.69 2.34 2.24 1.79 1.62

National Beverage Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
Asset Turnover 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 0.48 0.48 0.46 0.39 0.34

FRA:20V vs COCO, SUJA, BUDA: Asset Turnover Comparison

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

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

* The bar in red indicates where National Beverage's Asset Turnover falls into.


FRA:20V
74GF Score
National Beverage Corp FRA:20V
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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National Beverage Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Apr. 2025 )/( (Total Assets (A: Apr. 2024 )+Total Assets (A: Apr. 2025 ))/ count )
=1069.205/( (717.783+598.845)/ 2 )
=1069.205/658.314
=1.62

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2026 )/( (Total Assets (Q: Oct. 2025 )+Total Assets (Q: Jan. 2026 ))/ count )
=225.163/( (643.369+674.393)/ 2 )
=225.163/658.881
=0.34

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.34 mean?
National Beverage (FRA:20V) has a Asset Turnover of 0.34 as of Jan. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on National Beverage and its competitors.
Is National Beverage's Asset Turnover too high?
National Beverage's current Asset Turnover is 0.34. 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 Asset Turnover compare to COCO and SUJA?
National Beverage's Asset Turnover of 0.34 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 Asset Turnover for a Beverages - Non-Alcoholic company?
A good Asset Turnover depends on the Beverages - Non-Alcoholic industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on National Beverage and its competitors. National Beverage's current Asset Turnover is 0.34. 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 Asset Turnover of 0.34. 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 Asset Turnover is 0.34. 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 Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For National Beverage (FRA:20V), the current Asset Turnover is 0.34 as of Jan. 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:

  • Asset Turnover: 0.34
  • 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

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

€26.80
Price
€39.65
GF Value