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New Age Beverages

Nasdaq:NBEV
Snowflake Description

Flawless balance sheet with reasonable growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NBEV
Nasdaq
$381M
Market Cap
  1. Home
  2. US
  3. Food, Beverage & Tobacco
Company description

New Age Beverages Corporation, a healthy functional beverage company, engages in the development, marketing, sales, and distribution of beverages. The last earnings update was 130 days ago. More info.


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  • New Age Beverages has significant price volatility in the past 3 months.
NBEV Share Price and Events
7 Day Returns
-1.4%
NasdaqCM:NBEV
1.1%
US Beverage
-1.1%
US Market
1 Year Returns
87.5%
NasdaqCM:NBEV
4.6%
US Beverage
6.4%
US Market
NBEV Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
New Age Beverages (NBEV) -1.4% -17.3% 7.6% 87.5% 1883.6% -
US Beverage 1.1% 1.7% 4.3% 4.6% 8.3% 32.5%
US Market -1.1% 0.3% 16.7% 6.4% 37.9% 42.1%
1 Year Return vs Industry and Market
  • NBEV outperformed the Beverage industry which returned 4.6% over the past year.
  • NBEV outperformed the Market in United States of America which returned 6.4% over the past year.
Price Volatility
NBEV
Industry
5yr Volatility vs Market
Related Companies

NBEV Value

 Is New Age Beverages undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for New Age Beverages. This is due to cash flow or dividend data being unavailable. The share price is $5.08.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for New Age Beverages's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are New Age Beverages's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:NBEV PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in USD $-0.38
NasdaqCM:NBEV Share Price ** NasdaqCM (2019-03-22) in USD $5.08
United States of America Beverage Industry PE Ratio Median Figure of 16 Publicly-Listed Beverage Companies 26.22x
United States of America Market PE Ratio Median Figure of 3,061 Publicly-Listed Companies 17.15x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of New Age Beverages.

NasdaqCM:NBEV PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:NBEV Share Price ÷ EPS (both in USD)

= 5.08 ÷ -0.38

-13.31x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • New Age Beverages is loss making, we can't compare its value to the US Beverage industry average.
  • New Age Beverages is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does New Age Beverages's expected growth come at a high price?
Raw Data
NasdaqCM:NBEV PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -13.31x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
90.6%per year
United States of America Beverage Industry PEG Ratio Median Figure of 12 Publicly-Listed Beverage Companies 2.45x
United States of America Market PEG Ratio Median Figure of 2,104 Publicly-Listed Companies 1.45x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for New Age Beverages, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on New Age Beverages's assets?
Raw Data
NasdaqCM:NBEV PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in USD $1.81
NasdaqCM:NBEV Share Price * NasdaqCM (2019-03-22) in USD $5.08
United States of America Beverage Industry PB Ratio Median Figure of 28 Publicly-Listed Beverage Companies 6.25x
United States of America Market PB Ratio Median Figure of 5,164 Publicly-Listed Companies 1.84x
NasdaqCM:NBEV PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:NBEV Share Price ÷ Book Value per Share (both in USD)

= 5.08 ÷ 1.81

2.81x

* Primary Listing of New Age Beverages.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • New Age Beverages is good value based on assets compared to the US Beverage industry average.
X
Value checks
We assess New Age Beverages's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Beverage industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Beverage industry average (and greater than 0)? (1 check)
  5. New Age Beverages has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

NBEV Future Performance

 How is New Age Beverages expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
90.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is New Age Beverages expected to grow at an attractive rate?
  • New Age Beverages's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • New Age Beverages's earnings growth is expected to exceed the United States of America market average.
  • New Age Beverages's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:NBEV Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqCM:NBEV Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts 90.6%
NasdaqCM:NBEV Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts 17.3%
United States of America Beverage Industry Earnings Growth Rate Market Cap Weighted Average 4.3%
United States of America Beverage Industry Revenue Growth Rate Market Cap Weighted Average 5%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.2%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:NBEV Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:NBEV Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 70 -2 2
2019-12-31 71 2 3
2018-12-31 52 -12 4
NasdaqCM:NBEV Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-09-30 49 -11 -14
2018-06-30 51 -8 -11
2018-03-31 53 -5 -5
2017-12-31 52 -8 -4
2017-09-30 51 -10 0
2017-06-30 50 -5 0
2017-03-31 36 -2 -4
2016-12-31 25 1 -4
2016-09-30 15 1 -3
2016-06-30 2 -1 -3
2016-03-31 2 -1 -1
2015-12-31 2 -1 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • New Age Beverages's earnings are expected to grow significantly at over 20% yearly.
  • New Age Beverages's revenue is expected to grow by 17.3% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:NBEV Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from New Age Beverages Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:NBEV Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 -0.02 0.01 -0.05 2.00
2019-12-31 0.03 0.11 -0.08 4.00
2018-12-31 -0.26 -0.21 -0.29 4.00
NasdaqCM:NBEV Past Financials Data
Date (Data in USD Millions) EPS *
2018-09-30 -0.38
2018-06-30 -0.33
2018-03-31 -0.16
2017-12-31 -0.12
2017-09-30 -0.01
2017-06-30 0.02
2017-03-31 -0.19
2016-12-31 -0.19
2016-09-30 -0.14
2016-06-30 -0.20
2016-03-31 -0.07
2015-12-31 -0.06

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if New Age Beverages will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess New Age Beverages's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
New Age Beverages has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

NBEV Past Performance

  How has New Age Beverages performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare New Age Beverages's growth in the last year to its industry (Beverage).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • New Age Beverages does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare New Age Beverages's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare New Age Beverages's 1-year growth to the US Beverage industry average as it is not currently profitable.
Earnings and Revenue History
New Age Beverages's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from New Age Beverages Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:NBEV Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 49.41 -14.37 22.72
2018-06-30 51.22 -11.34 21.97
2018-03-31 52.96 -5.48 20.69
2017-12-31 52.19 -3.54 18.45
2017-09-30 51.49 -0.20 13.60
2017-06-30 49.92 0.44 11.90
2017-03-31 35.50 -4.05 10.22
2016-12-31 25.30 -3.63 7.71
2016-09-30 15.30 -2.53 5.34
2016-06-30 2.43 -3.12 3.17
2016-03-31 2.43 -1.12 1.85
2015-12-31 2.42 -0.90 1.74
2015-09-30 2.44 -0.65 1.63
2015-06-30 2.71 -0.40 1.60
2015-03-31 3.13 -0.31 1.18
2014-12-31 2.79 -0.89 1.64
2014-09-30 2.47 -0.94 1.51
2014-06-30 1.84 -0.79 1.24
2014-03-31 0.98 -0.93 1.14
2013-12-31 0.97 -0.33 0.59
2013-09-30 0.96 -0.18 0.75
2013-06-30 0.92 -0.19 0.74
2013-03-31 0.87 -0.19 0.72
2012-12-31 0.85 -0.17 0.75

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if New Age Beverages has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if New Age Beverages has efficiently used its assets last year compared to the US Beverage industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if New Age Beverages improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess New Age Beverages's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Beverage industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
New Age Beverages has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

NBEV Health

 How is New Age Beverages's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up New Age Beverages's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • New Age Beverages is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • New Age Beverages's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of New Age Beverages's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 11.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from New Age Beverages Company Filings, last reported 5 months ago.

NasdaqCM:NBEV Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 89.57 4.13 28.63
2018-06-30 52.00 9.42 0.21
2018-03-31 50.50 7.43 0.09
2017-12-31 52.74 7.49 0.29
2017-09-30 54.77 7.84 0.59
2017-06-30 55.49 5.98 0.28
2017-03-31 28.90 6.30 0.53
2016-12-31 4.88 14.97 0.53
2016-09-30 6.59 15.20 0.27
2016-06-30 6.20 13.41 0.01
2016-03-31 0.23 0.41 0.15
2015-12-31 0.50 0.21 0.04
2015-09-30 1.16 0.31 0.06
2015-06-30 1.44 0.60 0.07
2015-03-31 0.63 0.31 0.46
2014-12-31 -0.44 0.12 0.13
2014-09-30 0.51 0.02 0.12
2014-06-30 0.64 0.01 0.27
2014-03-31 0.59 0.02 0.22
2013-12-31 0.56 0.03 0.43
2013-09-30 0.02 0.23 0.03
2013-06-30 -0.15 0.22 0.04
2013-03-31 -0.05 0.18 0.05
2012-12-31 -0.05 0.18 0.05
  • New Age Beverages's level of debt (4.6%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (915.9% vs 4.6% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • New Age Beverages has sufficient cash runway for 2.5 years based on current free cash flow.
  • New Age Beverages has sufficient cash runway for 1.9 years if free cash flow continues to grow at historical rates of 89.4% each year.
X
Financial health checks
We assess New Age Beverages's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. New Age Beverages has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

NBEV Dividends

 What is New Age Beverages's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from New Age Beverages dividends.
If you bought $2,000 of New Age Beverages shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate New Age Beverages's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate New Age Beverages's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:NBEV Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
United States of America Beverage Industry Average Dividend Yield Market Cap Weighted Average of 10 Stocks 3%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2003 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.9%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqCM:NBEV Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2019-12-31
2018-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as New Age Beverages has not reported any payouts.
  • Unable to verify if New Age Beverages's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of New Age Beverages's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as New Age Beverages has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess New Age Beverages's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can New Age Beverages afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. New Age Beverages has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

NBEV Management

 What is the CEO of New Age Beverages's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Brent Willis
COMPENSATION $200,000
AGE 57
TENURE AS CEO 3 years
CEO Bio

Mr. Brent David Willis has been the Chief Executive Officer of New Age Beverages Corporation since March 24, 2016. Mr. Willis served as Chief Financial Officer of New Age Beverages Corporation since March 24, 2016 until October 2016. Mr. Willis has been an Executive Chairman and Director of XFit Brands, Inc. since September 2014. Mr. Willis has been the minority or majority owner and Chairman and Chief Executive Officer of a number of private-equity backed companies including Unified Learning, LLC, Vivitris Life Sciences, Inc., and Throwdown Industries Inc. since 2008. Mr. Willis served as the Chief Executive Officer, President and Secretary at Electronic Cigarettes International Group, Ltd. (Formerly, Victory Electronic Cigarettes Corporation) from June 25, 2013 to April 8, 2015. Mr. Willis served as the Chairman and Chief Executive Officer of Liberty Ammunition, Inc. He serves as the Chief Executive Officer, President, Secretary and Director of Teckmine Industries Inc. He served as Treasurer of Teckmine Industries Inc. until July 9, 2013. He served as the Chief Executive Officer of Vascular Technologies Inc. since July 2008. He served as Treasurer of Victory Electronic Cigarettes Corporation until July 2013. He served as the Chief Executive Officer of Ultroid Technologies, Inc. since July 2008 and served as its Chairman of the Board. Mr. Willis served as the President and Chief Executive Officer of Cott Corporation from May 16, 2006 to March 24, 2008. Mr. Willis served as the President of Asia Pacific Zone of Inbev SA from July 2005 to May 15, 2006. Mr. Wills served as the Chief Commercial Officer of Inbev SA, since September 2003. He served as the Chief Commercial Officer of Anheuser-Busch InBev since September 2003. He served as the President of Asia Pacific Zone at Anheuser-Busch InBev from July 2005 to May 15, 2006. From 1996 to 2001, Mr. Willis served as the President in Latin America for the Coca-Cola Company. From 1987 to 1996, Mr. Willis worked for Kraft Foods, Inc., where he managed a number of Kraft's brands, developed their category management system in the United States, led acquisitions and joint ventures in Japan, Korea, Indonesia and others and launched the Kraft Brand in China. He joined Interbrew in 2002 as the Chief Marketing and Sales Officer. In these positions, he was a key contributor to its growth with superior brand, sales and innovation execution as well as successful turnarounds in numerous markets. He was a key architect of InBev's strategy that helped transform it into a consumer-centric, commercially driven organization which experienced share price appreciation of more than 100% in three years. He has been a Director of New Age Beverages Corporation since March 24, 2016. He serves as a Director at Must Have Limited. He serves as a Member of Board of Directors for AmBev. He served as a Director of Bourque Industries, Inc. He served as a Director of Electronic Cigarettes International Group, Ltd. from June 25, 2013 to April 8, 2015. He served as a Director of Companhia de Bebidas Das Americas since 2005 and Ultroid Technologies, Inc. since July 2008. He served as a Director of Cott Corporation from May 16, 2006 to March 24, 2008. Mr. Willis holds a Bachelor of Science degree in Engineering from the U.S. Military Academy at West Point in 1982 and an MBA from the University of Chicago in 1991.

CEO Compensation
  • Brent's compensation has increased whilst company is loss making.
  • Brent's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the New Age Beverages management team in years:

0.6
Average Tenure
53
Average Age
  • The average tenure for the New Age Beverages management team is less than 2 years, this suggests a new team.
Management Team

Brent Willis

TITLE
CEO & Director
COMPENSATION
$200K
AGE
57
TENURE
3 yrs

Greg Gould

TITLE
Chief Financial & Administrative Officer
AGE
52
TENURE
0.4 yrs

Michael Cunningham

TITLE
Senior Vice President of Sales

Jay Barrow

TITLE
Head of Brand

Chuck Ence

TITLE
Vice President of Finance & Corporate Controller
AGE
53
TENURE
0.6 yrs
Board of Directors Tenure

Average tenure and age of the New Age Beverages board of directors in years:

2.2
Average Tenure
57.5
Average Age
  • The average tenure for the New Age Beverages board of directors is less than 3 years, this suggests a new board.
Board of Directors

Greg Fea

TITLE
Non-Executive Chairman
COMPENSATION
$75K
AGE
58
TENURE
0.3 yrs

Brent Willis

TITLE
CEO & Director
COMPENSATION
$200K
AGE
57
TENURE
3 yrs

Ed Brennan

TITLE
Independent Director
COMPENSATION
$75K
AGE
61
TENURE
2.2 yrs

Tim Haas

TITLE
Independent Director
COMPENSATION
$75K
AGE
71
TENURE
2.2 yrs

Reggie Kapteyn

TITLE
Independent Director
COMPENSATION
$75K
AGE
47
TENURE
2.2 yrs

Amy Kuzdowicz

TITLE
Director
AGE
48
TENURE
0.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
27. Aug 18 Buy Edward Brennan Individual 24. Aug 18 24. Aug 18 975,000 $1.28 $1,248,000
27. Aug 18 Buy Edward Brennan Individual 24. Aug 18 24. Aug 18 220,000 $1.36 $299,618
27. Aug 18 Buy Gregory Fea Individual 24. Aug 18 24. Aug 18 39,000 $1.28 $49,920
24. Aug 18 Buy Brent Willis Individual 24. Aug 18 24. Aug 18 78,000 $1.28 $99,840
24. Aug 18 Buy Robert Evans Individual 24. Aug 18 24. Aug 18 100,000 $1.28 $128,000
24. Aug 18 Buy Timothy Haas Individual 24. Aug 18 24. Aug 18 100,000 $1.28 $128,000
21. May 18 Buy Brent Willis Individual 18. May 18 18. May 18 53,821 $1.86 $99,999
26. Apr 18 Buy Timothy Haas Individual 23. Apr 18 25. Apr 18 100,000 $1.81 $175,888
X
Management checks
We assess New Age Beverages's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. New Age Beverages has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

NBEV News

Simply Wall St News

How Much is New Age Beverages Corporation's (NASDAQ:NBEV) CEO Getting Paid?

How Does Brent Willis's Compensation Compare With Similar Sized Companies. … According to our data, New Age Beverages Corporation has a market capitalization of US$413m, and pays its CEO total annual compensation worth US$200k. … It is worth noting that the CEO compensation consists almost entirely of the salary, worth US$200k.

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What Kind Of Shareholders Own New Age Beverages Corporation (NASDAQ:NBEV)?

Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … New Age Beverages is not a large company by global standards. … Our analysis of the ownership of the company, below, shows that.

Simply Wall St -

How Many Insiders Bought New Age Beverages Corporation (NASDAQ:NBEV) Shares?

So we'll take a look at whether insiders have been buying or selling shares in New Age Beverages Corporation (NASDAQ:NBEV). … In the last twelve months there was more buying than selling by New Age Beverages insiders … We don't deny that it is nice to see insiders buying stock in the company

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Is New Age Beverages Corporation's (NASDAQ:NBEV) CEO Being Overpaid?

This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … How Does Brent Willis's Compensation Compare With Similar Sized Companies. … Most shareholders would consider it a positive that Brent Willis takes less compensation than the CEOs of most similar size companies, leaving more for shareholders.

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Who Really Owns New Age Beverages Corporation (NASDAQ:NBEV)?

Today, I will be analyzing New Age Beverages Corporation’s (NASDAQ:NBEV) recent ownership structure, an important but not-so-popular subject among individual investors. … The impact of a company's ownership structure affects both its short- and long-term performance. … Differences in ownership structure of companies can have a profound effect on how management's incentives are aligned with shareholder returns, and whether they adhere to corporate governance best practices.

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Why Did New Age Beverages Corporation's' (NASDAQ:NBEV) Insiders Buy Up More Shares?

some insider buying over the past three months, with insiders investing in. … Generally, insiders buying more shares in their own firm sends a bullish signal … A two-decade research published in The MIT Press (1998) showed that stocks following insider buying outperformed the market by 4.5%

Simply Wall St -

Who Owns New Age Beverages Corporation (NASDAQ:NBEV)?

NasdaqCM:NBEV Insider_trading May 16th 18 General Public Ownership The general public holds a substantial 39.37% stake in NBEV, making it a highly popular stock among retail investors. … With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors. … Private Company Ownership Potential investors in NBEV should also look at another important group of investors: private companies, with a stake of 10.48%, who are primarily invested because of strategic and capital gain interests.

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How Did New Age Beverages Corporation's (NASDAQ:NBEV) Earnings Growth Stack Up Against The Industry?

See our latest analysis for New Age Beverages How NBEV fared against its long-term earnings performance and its industry For the purpose of this commentary, I like to use the ‘latest twelve-month’ data, which annualizes the latest 6-month earnings release, or some times, the latest annual report is already the most recent financial data. … NasdaqCM:NBEV Income Statement Apr 14th 18 We can further examine New Age Beverages's loss by looking at what the industry has been experiencing over the past few years. … Inspecting growth from a sector-level, the US beverage industry has been growing its average earnings by double-digit 23.13% in the past year, and a less exciting 4.72% over the last five years.

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What You Must Know About New Age Beverages Corporation's (NASDAQ:NBEV) Financial Strength

On top of this, NBEV has produced cash from operations of US$975.18K over the same time period, leading to an operating cash to total debt ratio of 6.52%, meaning that NBEV’s operating cash is not sufficient to cover its debt. … NasdaqCM:NBEV Historical Debt Mar 29th 18 Can NBEV service its debt comfortably? … Risk around debt is very low for NBEV, and the company also has the ability and headroom to increase debt if needed going forward.Next Steps: Although NBEV’s debt level is relatively low, its cash flow levels still could not copiously cover its borrowings.

Simply Wall St -

How New Age Beverages Corporation (NASDAQ:NBEV) Can Impact Your Portfolio Volatility

New Age Beverages has a beta of 3.98, which means that the percentage change in its stock value will be higher than the entire market in times of booms and busts. … A high level of beta means investors face higher risk associated with potential gains and losses driven by market movements. … NBEV, with its market capitalisation of US$110.42M, is a small-cap stock, which generally have higher beta than similar companies of larger size.

Simply Wall St -

NBEV Company Info

Description

New Age Beverages Corporation, a healthy functional beverage company, engages in the development, marketing, sales, and distribution of beverages. The company offers ready to drink (RTD) tea, RTD coffee, kombucha, energy drinks, relaxation drinks, coconut waters, functional waters, and rehydration beverages, as well as functional medical beverages. It provides its products under the Búcha Live Kombucha, XingTea, XingEnergy, Marley One Drop, Marley Mellow Mood, Marley Mate, Marley Cold Brew, Coco-Libre, PediaAde, and Aspen Pure PH and Aspen Pure Probiotic Water brands, as well as the Bio-Shield and ‘n-Hanced brands. The company sells its products across 50 states in the United States; and approximately 10 countries internationally through direct and store door distribution systems. New Age Beverages Corporation is headquartered in Denver, Colorado.

Details
Name: New Age Beverages Corporation
NBEV
Exchange: NasdaqCM
Founded:
$381,338,287
75,066,592
Website: http://www.newagebev.com
Address: New Age Beverages Corporation
1700 East 68th Avenue,
Denver,
Colorado, 80229,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM NBEV Common Stock Nasdaq Capital Market US USD 07. Aug 2014
BST N1K Common Stock Boerse-Stuttgart DE EUR 07. Aug 2014
Number of employees
Current staff
Staff numbers
162
New Age Beverages employees.
Industry
Soft Drinks
Food, Beverage & Tobacco
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/24 00:34
End of day share price update: 2019/03/22 00:00
Last estimates confirmation: 2019/02/13
Last earnings filing: 2018/11/14
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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 here.