Fevertree Drinks PLC

DB:FV8 Stock Report

Market Cap: €1.2b

Fevertree Drinks Valuation

Is FV8 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of FV8 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€15.44
Fair Value
39.1% undervalued intrinsic discount
17
Number of Analysts

Below Fair Value: FV8 (€9.45) is trading below our estimate of fair value (€15.86)

Significantly Below Fair Value: FV8 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for FV8?

Key metric: As FV8 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for FV8. This is calculated by dividing FV8's market cap by their current earnings.
What is FV8's PE Ratio?
PE Ratio41.7x
EarningsUK£24.40m
Market CapUK£1.02b

Price to Earnings Ratio vs Peers

How does FV8's PE Ratio compare to its peers?

The above table shows the PE ratio for FV8 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average13.2x
MUT Mineralbrunnen Überkingen-Teinach GmbH KGaA
10.1xn/a€119.7m
KWS KWS SAAT SE KGaA
11x1.6%€1.9b
NLM FRoSTA
13.8x9.4%€584.5m
SSH Südwestdeutsche Salzwerke
17.8xn/a€577.9m
FV8 Fevertree Drinks
40.8x17.3%€996.3m

Price-To-Earnings vs Peers: FV8 is expensive based on its Price-To-Earnings Ratio (40.8x) compared to the peer average (13.2x).

Price to Earnings Ratio vs Industry

How does FV8's PE Ratio compare vs other companies in the European Beverage Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
FV8 41.7xIndustry Avg. 17.7xNo. of Companies9PE01020304050+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: FV8 is expensive based on its Price-To-Earnings Ratio (40.8x) compared to the European Beverage industry average (17.8x).

Price to Earnings Ratio vs Fair Ratio

What is FV8's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

FV8 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio41.7x
Fair PE Ratio19x

Price-To-Earnings vs Fair Ratio: FV8 is expensive based on its Price-To-Earnings Ratio (40.8x) compared to the estimated Fair Price-To-Earnings Ratio (19x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst FV8 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€9.40
€10.41
+10.7%
25.1%€17.57€6.56n/a17
May ’26€9.00
€10.41
+15.7%
25.1%€17.57€6.56n/a17
Apr ’26€9.55
€10.71
+12.2%
25.1%€17.96€6.71n/a17
Mar ’26€8.15
€10.89
+33.7%
24.7%€18.20€7.19n/a17
Feb ’26€9.35
€11.51
+23.1%
24.6%€17.95€8.37n/a15
Jan ’26€8.05
€11.28
+40.1%
24.8%€18.03€7.81n/a17
Dec ’25€8.30
€11.34
+36.7%
24.5%€18.07€7.83n/a17
Nov ’25€8.70
€11.48
+32.0%
23.7%€17.91€7.76n/a16
Oct ’25€9.75
€11.78
+20.8%
23.2%€17.97€7.79n/a16
Sep ’25€10.40
€13.45
+29.3%
20.8%€17.79€8.30n/a16
Aug ’25€10.80
€14.19
+31.4%
19.4%€18.97€8.30n/a17
Jul ’25€12.70
€14.47
+13.9%
19.4%€18.88€8.26n/a17
Jun ’25€12.20
€14.63
+19.9%
19.6%€18.80€8.23n/a18
May ’25€12.90
€14.56
+12.8%
19.2%€18.73€8.19€9.0018
Apr ’25€13.80
€14.35
+4.0%
20.3%€18.72€8.19€9.5518
Mar ’25€13.30
€14.32
+7.6%
20.3%€18.67€8.17€8.1519
Feb ’25€11.70
€14.48
+23.8%
20.5%€18.77€8.21€9.3519
Jan ’25€12.00
€15.29
+27.5%
18.1%€20.08€9.90€8.0519
Dec ’24€12.10
€15.58
+28.8%
17.0%€19.96€9.83€8.3020
Nov ’24€11.30
€15.62
+38.2%
17.2%€20.20€9.81€8.7019
Oct ’24€13.60
€15.32
+12.7%
18.7%€20.18€9.80€9.7520
Sep ’24€15.10
€14.72
-2.5%
20.4%€20.01€8.70€10.4020
Aug ’24€15.40
€14.19
-7.8%
23.4%€19.93€7.40€10.8020
Jul ’24€14.10
€13.71
-2.7%
22.9%€20.08€7.45€12.7020
Jun ’24€15.60
€13.43
-13.9%
21.8%€19.83€7.36€12.2020
May ’24€14.80
€12.79
-13.6%
20.8%€18.25€7.23€12.9020
AnalystConsensusTarget
Consensus Narrative from 17 Analysts
€10.09
Fair Value
6.8% undervalued intrinsic discount
17
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/08 23:00
End of Day Share Price 2025/05/08 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Fevertree Drinks PLC is covered by 35 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ewan MitchellBarclays
Ashutosh JainBarclays
Mandeep SanghaBarclays