Fevertree DrinksLSE:FEVR -1.09%83 Altman Z-Score is 11.91 as of Jun. 27, 2026, which is 65% below its 10-year median of 33.85. GuruFocus rates LSE:FEVR with a GF Score™ of 83/100 and a GF Value™ of £9.26 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 112 Beverages - Non-Alcoholic companies, Fevertree Drinks ranks better than 87.5% on this metric.
The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.
Good Sign:
Altman Z-score of 12.01 is strong.
Fevertree Drinks has a Altman Z-Score of 11.91, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.
The zones of discrimination were as such:
When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.
The historical rank and industry rank for Fevertree Drinks's Altman Z-Score or its related term are showing as below:
LSE:FEVR'
s Altman Z-Score Range Over the Past 10 Years
Min: 9.25 Med: 33.85 Max: 46.05
Current: 12.01
During the past 13 years, Fevertree Drinks's highest Altman Z-Score was 46.05. The lowest was 9.25. And the median was 33.85.
X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.
X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.
X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.
X4, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.
X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.
Altman Z-Score does not apply to financial companies.
Fevertree Drinks Altman Z-Score Related Terms
Fevertree Drinks Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Fevertree Drinks's Altman Z-Score 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.
LSE:FEVR vs KO, PEP, MNST: Altman Z-Score Comparison
For the Beverages - Non-Alcoholic subindustry, Fevertree Drinks's Altman Z-Score, along with its competitors' market caps and Altman Z-Score 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 Altman Z-Score vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Fevertree Drinks's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Fevertree Drinks's Altman Z-Score falls into.
Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
Fevertree Drinks's Altman Z-Score for today is calculated with this formula:
Z
=
1.2
*
X1
+
1.4
*
X2
+
3.3
*
X3
+
0.6
*
X4
+
1.0
*
X5
=
1.2
*
0.5226
+
1.4
*
0.777
+
3.3
*
0.1056
+
0.6
*
14.5242
+
1.0
*
1.1324
=
11.91
* 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. GuruFocus does not calculate Altman Z-Score when X4 or X5 value is 0.
Fevertree Drinks (LSE:FEVR) has a Altman Z-Score of 11.91 as of Jun. 27, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Fevertree Drinks and its competitors. This is 65% below median its historical median of 33.85. Over the past decade, Fevertree Drinks' Altman Z-Score has ranged from 9.25 to 46.05. According to the industry distribution chart, Fevertree Drinks ranks #14 out of 112 companies in the Beverages - Non-Alcoholic industry, placing it in the top 12.5%.
Is Fevertree Drinks' Altman Z-Score too high?
Fevertree Drinks' current Altman Z-Score of 11.91 is 65% below median its 10-year median of 33.85. Over the past 10 years, this metric has ranged from a low of 9.25 to a high of 46.05. The Beverages - Non-Alcoholic industry median Altman Z-Score is 3.38. Fevertree Drinks' value of 11.91 is 252.4% above this industry median. Based on the distribution chart, Fevertree Drinks ranks #14 out of 112 companies in the Beverages - Non-Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Fevertree Drinks has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fevertree Drinks' Altman Z-Score compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Fevertree Drinks ranks #14 out of 112 companies for Altman Z-Score. This places Fevertree Drinks in the top 13% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.38. Fevertree Drinks' value of 11.91 is 252.4% above this benchmark. Historically, Fevertree Drinks' own Altman Z-Score has ranged from 9.25 to 46.05 over the past decade. While the company's 10-year median is 33.85 vs. the industry median of 3.38, 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 Altman Z-Score for a Beverages - Non-Alcoholic company?
The median Altman Z-Score among Beverages - Non-Alcoholic companies is 3.38, based on 112 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fevertree Drinks's current Altman Z-Score of 11.91 is 252.4% 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 Altman Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on Fevertree Drinks and its competitors. For the Beverages - Non-Alcoholic industry, the median Altman Z-Score is 3.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fevertree Drinks's current Altman Z-Score is 11.91, which is 65% below median its own 10-year median of 33.85. 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 £9.26, compared to a current price of £8.17 — trading 11.8% below its estimated fair value. The current Altman Z-Score is 11.91, which is 65% below median its 10-year median of 33.85 and 252.4% above the Beverages - Non-Alcoholic industry median of 3.38. Fevertree Drinks' overall GF Score™ is 83/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Fevertree Drinks (LSE:FEVR), the current Altman Z-Score is 11.91 as of Jun. 27, 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 £8.17 is trading 11.8% below its estimated GF Value™ of £9.26.
GuruFocus considers Fevertree Drinks to be Modestly Undervalued.
Key valuation signals for LSE:FEVR:
Altman Z-Score: 11.91 (65% below median its 10-year median of 33.85)
GF Value™: £9.26 vs. price of £8.17 (11.8% below fair value)
Industry Position: 252.4% above the Beverages - Non-Alcoholic median (#14 of 112)
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.
83GF Score
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