Zevia PBC
NYSE:ZVIA
Intrinsic Value
Zevia PBC engages in the production of zero-calorie diet sodas. [ Read More ]
The intrinsic value of one ZVIA stock under the Base Case scenario is 2.44 USD. Compared to the current market price of 1.17 USD, Zevia PBC is Undervalued by 52%.
Valuation Backtest
Zevia PBC
Run backtest to discover the historical profit from buying and selling ZVIA stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
Zevia Q4 2023 Financial Performance
2023-Q4 Earnings Call
In Q4 2023, Zevia's net sales rose to $37.8 million, a 6.9% increase YoY, thanks to price adjustments and a 3.7% surge in volume, signaling a rebound in growth. However, gross margin dipped to 40.7%, falling by 3.6 percentage points YoY due to supply chain shifts, including a write-off of materials, impacting margins by 4 percentage points. Nevertheless, a strong cash position endures, with $32 million in hand and no debt. Full-year earnings show modest net sales growth at 2% ($166.4 million), an improved gross margin of 44.9%, and reduced net losses of $28.3 million. First quarter 2024 guidance predicts sales between $38-40 million, but full-year forecasts are postponed until the Q1 earnings call. Despite Q1's costs dragging margins, expectations lean towards a return to robust gross margins historically in the mid-40s.
Balance Sheet Decomposition
Zevia PBC
Current Assets | 82.7m |
Cash & Short-Term Investments | 32m |
Receivables | 11.1m |
Other Current Assets | 39.6m |
Non-Current Assets | 8.2m |
PP&E | 4.1m |
Intangibles | 3.5m |
Other Non-Current Assets | 579k |
Current Liabilities | 27.7m |
Accounts Payable | 21.2m |
Accrued Liabilities | 6.5m |
Non-Current Liabilities | -26.7m |
Other Non-Current Liabilities | -26.7m |
Earnings Waterfall
Zevia PBC
Revenue
|
166.4m
USD
|
Cost of Revenue
|
-91.7m
USD
|
Gross Profit
|
74.8m
USD
|
Operating Expenses
|
-103.7m
USD
|
Operating Income
|
-28.9m
USD
|
Other Expenses
|
7.4m
USD
|
Net Income
|
-21.5m
USD
|
Free Cash Flow Analysis
Zevia PBC
What is Free Cash Flow?
ZVIA Profitability Score
Profitability Due Diligence
Zevia PBC's profitability score is 24/100. The higher the profitability score, the more profitable the company is.
Score
Zevia PBC's profitability score is 24/100. The higher the profitability score, the more profitable the company is.
ZVIA Solvency Score
Solvency Due Diligence
Zevia PBC's solvency score is 78/100. The higher the solvency score, the more solvent the company is.
Score
Zevia PBC's solvency score is 78/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
ZVIA Price Targets Summary
Zevia PBC
According to Wall Street analysts, the average 1-year price target for ZVIA is 3.5 USD with a low forecast of 2.02 USD and a high forecast of 5.25 USD.
Ownership
ZVIA Insider Trading
Buy and sell transactions by insiders
Period | Sold | Bought | Net |
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3 Months |
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12 Months |
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Shareholder Return
ZVIA Price
Zevia PBC
Average Annual Return | -44.86% |
Standard Deviation of Annual Returns | 0.48% |
Max Drawdown | -94% |
Market Capitalization | 75.5m USD |
Shares Outstanding | 64 530 000 |
Percentage of Shares Shorted | 3.63% |
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Zevia PBC engages in the production of zero-calorie diet sodas. The company is headquartered in Encino, California and currently employs 119 full-time employees. The company went IPO on 2021-07-22. The firm is a beverage brand that offers a platform of products, including a variety of flavors across soda, energy drinks, organic tea, mixers, kidz drinks, and sparkling water. The company offers a portfolio carbonated and non-carbonated soft drinks under the Zevia brand. Zevia's soda is available in 15 different flavors. Zevia's energy drinks are zero sugar energy drinks, which is available in six flavors: grapefruit, kola, mango ginger, raspberry lime, pineapple paradise and strawberry kiwi. Mixers are its non-alcoholic beverage that is available in three flavors: ginger beer, tonic and lemon lime with bitters. Organic tea is a zero calorie, naturally sweetened ready-to-drink tea offered in eight flavors, including two caffeine-free options. Its kidz drinks are available in six kid-friendly flavors. Its sparkling water are lightly flavored sparkling water that is available in two flavors.
Contact
IPO
Employees
Officers
The intrinsic value of one ZVIA stock under the Base Case scenario is 2.44 USD.
Compared to the current market price of 1.17 USD, Zevia PBC is Undervalued by 52%.