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Market Cap

US$288.4m

Last Updated

2021/05/07 23:01 UTC

Data Sources

Company Financials +

Executive Summary

NewAge, Inc. develops, markets, sells, and distributes healthy products in the United States, Japan, China, and internationally. More Details


Snowflake Analysis

Excellent balance sheet with high growth potential.


Similar Companies

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.


Market Performance


7 Day Return

-2.7%

NBEV

0.08%

US Beverage

-0.3%

US Market


1 Year Return

31.5%

NBEV

22.0%

US Beverage

50.2%

US Market

Return vs Industry: NBEV exceeded the US Beverage industry which returned 24.7% over the past year.

Return vs Market: NBEV underperformed the US Market which returned 51.8% over the past year.


Shareholder returns

NBEVIndustryMarket
7 Day-2.7%0.08%-0.3%
30 Day-20.2%1.8%2.2%
90 Day-40.2%5.9%3.8%
1 Year31.5%31.5%25.3%22.0%52.7%50.2%
3 Year14.5%14.5%48.6%37.3%63.4%53.1%
5 Year363.0%363.0%52.9%33.7%129.6%104.0%

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

Valuation

Is NewAge undervalued compared to its fair value and its price relative to the market?

1.78x

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 (1.8x) compared to the US Beverage industry average (7.1x).


Future Growth

How is NewAge forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

152.7%

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 (32.3% per year) is forecast to grow faster than the US market (9.2% per year).

High Growth Revenue: NBEV's revenue (32.3% 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


Past Performance

How has NewAge performed over the past 5 years?

-69.5%

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 69.5% 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 (-27.68%), as it is currently unprofitable.


Financial Health

How is NewAge's financial position?


Financial Position Analysis

Short Term Liabilities: NBEV's short term assets ($127.1M) exceed its short term liabilities ($122.5M).

Long Term Liabilities: NBEV's short term assets ($127.1M) do not cover its long term liabilities ($178.5M).


Debt to Equity History and Analysis

Debt Level: NBEV's debt to equity ratio (31.7%) is considered satisfactory.

Reducing Debt: NBEV had negative shareholder equity 5 years ago, but is now positive and has therefore improved.


Balance Sheet


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 a year based on its current free cash flow.

Forecast Cash Runway: NBEV has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 55.4% each year.


Dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.4yrs

Average management tenure


CEO

Brent Willis (59 yo)

5.17yrs

Tenure

US$2,013,292

Compensation

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 ($USD2.01M) is above average for companies of similar size in the US market ($USD993.61K).

Compensation vs Earnings: Brent's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: NBEV's management team is considered experienced (2.4 years average tenure).


Board Members

Experienced Board: NBEV's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 58.5%.


Top Shareholders

Company Information

NewAge, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: NewAge, Inc.
  • Ticker: NBEV
  • Exchange: NasdaqCM
  • Founded: 2010
  • Industry: Soft Drinks
  • Sector: Food, Beverage & Tobacco
  • Market Cap: US$288.375m
  • Shares outstanding: 135.39m
  • Website: https://www.newage.com

Number of Employees


Location

  • NewAge, Inc.
  • 2420 17th Street
  • Suite 220
  • Denver
  • Colorado
  • 80202-2507
  • United States

Listings


Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/07 23:01
End of Day Share Price2021/05/07 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.