NewAge, Inc. develops, markets, sells, and distributes healthy products in the United States, Japan, China, and internationally. More Details
Excellent balance sheet with high growth potential.
Share Price & News
How has NewAge's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NBEV is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: NBEV's weekly volatility (10%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: NBEV exceeded the US Beverage industry which returned 21.7% over the past year.
Return vs Market: NBEV underperformed the US Market which returned 48.3% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is NewAge's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StThe NewAge (NASDAQ:NBEV) Share Price Is Up 880% And Shareholders Are Delighted
5 months ago | Simply Wall StParty Time: Brokers Just Made Major Increases To Their NewAge, Inc. (NASDAQ:NBEV) Earnings Forecasts
6 months ago | Simply Wall StNewAge, Inc. (NASDAQ:NBEV) Just Reported, And Analysts Assigned A US$5.00 Price Target
Is NewAge undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate NBEV's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate NBEV's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: NBEV is unprofitable, so we can't compare its PE Ratio to the US Beverage industry average.
PE vs Market: NBEV is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NBEV's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NBEV is good value based on its PB Ratio (1.6x) compared to the US Beverage industry average (6.7x).
How is NewAge forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NBEV is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: NBEV is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: NBEV's is expected to become profitable in the next 3 years.
Revenue vs Market: NBEV's revenue (22.3% per year) is forecast to grow faster than the US market (9% per year).
High Growth Revenue: NBEV's revenue (22.3% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if NBEV's Return on Equity is forecast to be high in 3 years time
How has NewAge performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NBEV is currently unprofitable.
Growing Profit Margin: NBEV is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NBEV is unprofitable, and losses have increased over the past 5 years at a rate of 62.8% per year.
Accelerating Growth: Unable to compare NBEV's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NBEV is unprofitable, making it difficult to compare its past year earnings growth to the Beverage industry (26.6%).
Return on Equity
High ROE: NBEV has a negative Return on Equity (-27.05%), as it is currently unprofitable.
How is NewAge's financial position?
Financial Position Analysis
Short Term Liabilities: NBEV's short term assets ($157.1M) exceed its short term liabilities ($109.9M).
Long Term Liabilities: NBEV's short term assets ($157.1M) do not cover its long term liabilities ($187.5M).
Debt to Equity History and Analysis
Debt Level: NBEV's debt to equity ratio (28.5%) is considered satisfactory.
Reducing Debt: NBEV had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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.
Stable Cash Runway: NBEV has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: NBEV has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 50.5% each year
What is NewAge current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NBEV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NBEV's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if NBEV's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NBEV's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NBEV's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Brent Willis (59 yo)
Mr. Brent David Willis has been the Chief Executive Officer and Director of NewAge, Inc. (formerly known as New Age Beverages Corporation) since March 24, 2016 and served as its Chief Financial Officer sin...
CEO Compensation Analysis
Compensation vs Market: Brent's total compensation ($USD2.01M) is above average for companies of similar size in the US market ($USD1.02M).
Compensation vs Earnings: Brent's compensation has increased whilst the company is unprofitable.
Experienced Management: NBEV's management team is considered experienced (2.4 years average tenure).
Experienced Board: NBEV's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 58.6%.
NewAge, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: NewAge, Inc.
- Ticker: NBEV
- Exchange: NasdaqCM
- Founded: 2010
- Industry: Soft Drinks
- Sector: Food, Beverage & Tobacco
- Market Cap: US$266.877m
- Shares outstanding: 135.47m
- Website: https://www.newage.com
Number of Employees
- NewAge, Inc.
- 2420 17th Street
- Suite 220
- United States
NewAge, Inc. develops, markets, sells, and distributes healthy products in the United States, Japan, China, and internationally. The company operates in two segments, Direct / Social Selling and Direct Sto...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/11 06:13|
|End of Day Share Price||2021/05/10 00:00|
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.